Marcus & Millichap
128 hedge funds and large institutions have $384M invested in Marcus & Millichap in 2015 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 45 increasing their positions, 43 reducing their positions, and 29 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 43
0.33% less ownership
Funds ownership: 35.89% → 35.56% (-0.33%)
3% less funds holding
Funds holding: 132 → 128 (-4)
10% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 29
37% less capital invested
Capital invested by funds: $612M → $384M (-$227M)
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| 1 |
RA
Royce & Associates
New York
|
+$24.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$14.9M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$8.44M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$7.06M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$6.91M |
Top Sellers
MMI Hedge Fund Activity: Q4 2015 in Review
128 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q4 2015, worth a combined $384M — down 37% from $612M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of MMI and 26 opened new positions — a net loss of 3 holders — while 43 trimmed existing stakes and 45 added.
The largest buyer was Royce & Associates, adding an estimated $24.3M. The largest seller was Capital Growth Management, exiting entirely with an estimated $30.3M sold.
- 128 institutional investors held Marcus & Millichap (MMI) as of Q4 2015, down from 132 in Q3 2015.
- Funds reported $384M of Marcus & Millichap stock for Q4 2015, down 37% quarter-over-quarter.
- 26 funds opened new Marcus & Millichap positions in Q4 2015 and 29 closed out, a net change of -3 holders.
- The largest Marcus & Millichap buyer in Q4 2015 was Royce & Associates, an estimated $24.3M added.
- The largest Marcus & Millichap seller in Q4 2015 was Capital Growth Management, an estimated $30.3M sold.
Based on aggregated 13F filings for Q4 2015.