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Marcus & Millichap

130 hedge funds and large institutions have $559M invested in Marcus & Millichap in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 60 increasing their positions, 28 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

164% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 11

114% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 28

73% more call options, than puts

Call options by funds: $491K | Put options by funds: $284K

29% more capital invested

Capital invested by funds: $432M → $559M (+$127M)

16% more funds holding

Funds holding: 112130 (+18)

2.91% more ownership

Funds ownership: 42.02%44.93% (+2.9%)

Holders
130
Holders Change
+18
Holders Change %
+16.07%
% of All Funds
2.95%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
29
Increased
60
Reduced
28
Closed
11
Calls
$491K
Puts
$284K
Net Calls
+$207K
Net Calls Change
+$85K
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
76
JP Morgan Chase
New York
$622K +$568K +19,079 New
IRC
77
Investors Research Corp
Georgia
$618K +$564K +18,950 New
Envestnet Asset Management
78
Envestnet Asset Management
Illinois
$569K +$45.9K +1,540 +10%
Squarepoint
79
Squarepoint
New York
$555K +$507K +17,027 New
CS
80
Credit Suisse
Switzerland
$536K -$55.5K -1,864 -10%
MM
81
Midas Management
New York
$489K
RhumbLine Advisers
82
RhumbLine Advisers
Massachusetts
$479K -$85.3K -2,865 -16%
AllianceBernstein
83
AllianceBernstein
Tennessee
$443K +$71.5K +2,400 +21%
CFIA
84
Cantor Fitzgerald Investment Advisors
New York
$434K +$396K +13,296 New
Manulife (Manufacturers Life Insurance)
85
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$420K -$17.1K -574 -4%
HK
86
Horizon Kinetics
New York
$410K -$96.8K -3,251 -21%
AG
87
Aperio Group
California
$390K +$356K +11,959 New
Invesco
88
Invesco
Georgia
$369K +$3.72K +125 +1%
EMG
89
Ellington Management Group
Connecticut
$368K -$104K -3,500 -24%
Nisa Investment Advisors
90
Nisa Investment Advisors
Missouri
$355K +$134K +4,500 +70%
O
91
OppenheimerFunds
New York
$355K +$324K +10,869 New
AIG
92
American International Group
New York
$352K +$1.55K +52 +0.5%
SB
93
Suntrust Banks
Georgia
$341K +$58.1K +1,951 +23%
HI
94
HBK Investments
Texas
$310K -$81.2K -2,726 -22%
Victory Capital Management
95
Victory Capital Management
Texas
$300K +$23.8K +798 +9%
DBT
96
Dubuque Bank & Trust
Iowa
$284K +$2.17K +73 +0.8%
NI
97
Numeric Investors
Massachusetts
$264K +$241K +8,100 New
UBS AM
98
UBS AM
Illinois
$261K
Barclays
99
Barclays
United Kingdom
$250K +$122K +4,085 +114%
VOYA Investment Management
100
VOYA Investment Management
Georgia
$241K +$220K +7,376 New

MMI Hedge Fund Activity: Q4 2017 in Review

130 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q4 2017, worth a combined $559M — up 29% from $432M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new MMI positions and 11 closed out — a net gain of 18 holders — while 60 added to existing stakes and 28 trimmed.

The largest buyer was Elk Creek Partners, opening a new position worth an estimated $9.29M. The largest seller was Royce & Associates, cutting an estimated $15.1M.

  • 130 institutional investors held Marcus & Millichap (MMI) as of Q4 2017, up from 112 in Q3 2017.
  • Funds reported $559M of Marcus & Millichap stock for Q4 2017, up 29% quarter-over-quarter.
  • 29 funds opened new Marcus & Millichap positions in Q4 2017 and 11 closed out, a net change of +18 holders.
  • The largest Marcus & Millichap buyer in Q4 2017 was Elk Creek Partners, an estimated $9.29M added.
  • The largest Marcus & Millichap seller in Q4 2017 was Royce & Associates, an estimated $15.1M sold.

Based on aggregated 13F filings for Q4 2017.