Marcus & Millichap
146 hedge funds and large institutions have $840M invested in Marcus & Millichap in 2019 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 63 reducing their positions, and 24 closing their positions.
2% more capital invested
Capital invested by funds: $822M → $840M (+$17.3M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.42% less ownership
Funds ownership: 59.33% → 57.91% (-1.4%)
8% less funds holding
Funds holding: 158 → 146 (-12)
25% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 63
38% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$9.92M |
| 2 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$7.57M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
+$7.48M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$6.28M |
| 5 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$5.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$17.4M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$6.23M |
| 3 |
PC
Pier Capital
Stamford,
Connecticut
|
-$5.93M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.91M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$3.83M |
MMI Hedge Fund Activity: Q4 2019 in Review
146 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q4 2019, worth a combined $840M — up 2.1% from $822M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MMI and 15 opened new positions — a net loss of 9 holders — while 63 trimmed existing stakes and 47 added.
The largest buyer was Janus Henderson Group, adding an estimated $9.92M. The largest seller was Invesco, cutting an estimated $17.4M.
- 146 institutional investors held Marcus & Millichap (MMI) as of Q4 2019, down from 158 in Q3 2019.
- Funds reported $840M of Marcus & Millichap stock for Q4 2019, up 2.1% quarter-over-quarter.
- 15 funds opened new Marcus & Millichap positions in Q4 2019 and 24 closed out, a net change of -9 holders.
- The largest Marcus & Millichap buyer in Q4 2019 was Janus Henderson Group, an estimated $9.92M added.
- The largest Marcus & Millichap seller in Q4 2019 was Invesco, an estimated $17.4M sold.
Based on aggregated 13F filings for Q4 2019.