Marcus & Millichap
132 hedge funds and large institutions have $612M invested in Marcus & Millichap in 2015 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 50 increasing their positions, 51 reducing their positions, and 20 closing their positions.
1.5% more ownership
Funds ownership: 34.39% → 35.89% (+1.5%)
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
4% more capital invested
Capital invested by funds: $586M → $612M (+$25.7M)
2% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 51
1% less funds holding
Funds holding: 134 → 132 (-2)
Top Buyers
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$17.6M |
| 2 |
LI
LMCG Investments
Boston,
Massachusetts
|
+$14.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.8M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$8.11M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.88M |
Top Sellers
| 1 |
JP Morgan Chase
New York
|
-$13M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$10.9M |
| 3 |
Jennison Associates
New York
|
-$5.7M |
| 4 |
Renaissance Technologies
New York
|
-$5.4M |
| 5 |
Two Sigma Investments
New York
|
-$5M |
MMI Hedge Fund Activity: Q3 2015 in Review
132 of the 3,581 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q3 2015, worth a combined $612M — up 4.4% from $586M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MMI positions and 20 closed out — a net gain of 1 holder — while 50 added to existing stakes and 51 trimmed.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $17.6M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $13M sold.
- 132 institutional investors held Marcus & Millichap (MMI) as of Q3 2015, down from 134 in Q2 2015.
- Funds reported $612M of Marcus & Millichap stock for Q3 2015, up 4.4% quarter-over-quarter.
- 21 funds opened new Marcus & Millichap positions in Q3 2015 and 20 closed out, a net change of +1 holder.
- The largest Marcus & Millichap buyer in Q3 2015 was Allianz Asset Management, an estimated $17.6M added.
- The largest Marcus & Millichap seller in Q3 2015 was JP Morgan Chase, an estimated $13M sold.
Based on aggregated 13F filings for Q3 2015.