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Marcus & Millichap

192 hedge funds and large institutions have $596M invested in Marcus & Millichap in 2025 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 61 increasing their positions, 61 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 24

10% more funds holding

Funds holding: 175192 (+17)

0% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 61

2.39% less ownership

Funds ownership: 58.51%56.12% (-2.4%)

11% less capital invested

Capital invested by funds: $670M → $596M (-$74M)

Holders
192
Holders Change
+17
Holders Change %
+9.71%
% of All Funds
2.33%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
43
Increased
61
Reduced
61
Closed
24
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
76
LPL Financial
California
$712K -$3.41K -118 -0.5%
SPS
77
Susquehanna Portfolio Strategies
Pennsylvania
$705K +$748K +25,845 New
YIH
78
Y-Intercept (HK)
Hong Kong
$701K +$331K +11,457 +81%
California State Teachers Retirement System (CalSTRS)
79
California State Teachers Retirement System (CalSTRS)
California
$685K +$54.6K +1,889 +8%
State of Wisconsin Investment Board
80
State of Wisconsin Investment Board
Wisconsin
$655K -$45.6K -1,577 -6%
New York State Teachers Retirement System (NYSTRS)
81
New York State Teachers Retirement System (NYSTRS)
New York
$648K +$67.3K +2,326 +11%
JF
82
Jump Financial
Illinois
$630K +$668K +23,086 New
Natixis Advisors
83
Natixis Advisors
Massachusetts
$616K -$319K -11,013 -33%
DC
84
Diametric Capital
Massachusetts
$611K +$648K +22,394 New
Canada Life
85
Canada Life
Manitoba, Canada
$565K
FNBOO
86
First National Bank of Omaha
Nebraska
$559K -$12.8K -442 -2%
EC
87
EntryPoint Capital
New York
$523K +$555K +19,171 New
QC
88
Quadrature Capital
United Kingdom
$521K +$552K +19,082 New
OQS
89
Occudo Quantitative Strategies
Florida
$504K +$534K +18,473 New
Balyasny Asset Management
90
Balyasny Asset Management
Illinois
$473K +$501K +17,321 New
II
91
Inspire Investing
Idaho
$468K +$47.4K +1,640 +11%
CC
92
Centiva Capital
New York
$468K +$496K +17,141 New
Thrivent Financial for Lutherans
93
Thrivent Financial for Lutherans
Minnesota
$452K -$24.9K -860 -5%
IQI
94
Integrated Quantitative Investments
Washington
$439K +$465K +16,085 New
LCM
95
Legato Capital Management
California
$439K +$465K +16,085 New
Creative Planning
96
Creative Planning
Kansas
$432K -$212K -7,317 -32%
SG Americas Securities
97
SG Americas Securities
New York
$412K +$256K +8,835 +141%
MIM
98
MetLife Investment Management
New Jersey
$390K
PCM
99
Polymer Capital Management
New York
$388K +$411K +14,213 New
IMRF
100
Illinois Municipal Retirement Fund
Illinois
$377K +$29.4K +1,017 +8%