Marcus & Millichap
164 hedge funds and large institutions have $664M invested in Marcus & Millichap in 2018 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 57 increasing their positions, 44 reducing their positions, and 6 closing their positions.
600% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 6
30% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 44
26% more funds holding
Funds holding: 130 → 164 (+34)
19% more capital invested
Capital invested by funds: $559M → $664M (+$105M)
2.8% more ownership
Funds ownership: 44.93% → 47.74% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.2M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$8.54M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$6.57M |
| 4 |
Renaissance Technologies
New York
|
+$4.22M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCGI
Three Corner Global Investors
New York
|
-$10.3M |
| 2 |
RA
Royce & Associates
New York
|
-$8.11M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$6.1M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$5.77M |
| 5 |
BlackRock
New York
|
-$5.33M |
MMI Hedge Fund Activity: Q1 2018 in Review
164 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q1 2018, worth a combined $664M — up 19% from $559M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new MMI positions and 6 closed out — a net gain of 36 holders — while 57 added to existing stakes and 44 trimmed.
The largest buyer was Vanguard Group, adding an estimated $12.2M. The largest seller was Three Corner Global Investors, cutting an estimated $10.3M.
- 164 institutional investors held Marcus & Millichap (MMI) as of Q1 2018, up from 130 in Q4 2017.
- Funds reported $664M of Marcus & Millichap stock for Q1 2018, up 19% quarter-over-quarter.
- 42 funds opened new Marcus & Millichap positions in Q1 2018 and 6 closed out, a net change of +36 holders.
- The largest Marcus & Millichap buyer in Q1 2018 was Vanguard Group, an estimated $12.2M added.
- The largest Marcus & Millichap seller in Q1 2018 was Three Corner Global Investors, an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2018.