Marcus & Millichap
155 hedge funds and large institutions have $726M invested in Marcus & Millichap in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 63 increasing their positions, 45 reducing their positions, and 23 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 45
4% more call options, than puts
Call options by funds: $101K | Put options by funds: $97K
0.02% more ownership
Funds ownership: 59.51% → 59.53% (+0.02%)
3% less funds holding
Funds holding: 159 → 155 (-4)
7% less capital invested
Capital invested by funds: $781M → $726M (-$55.4M)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
Top Buyers
| 1 |
Pzena Investment Management
New York
|
+$11.4M |
| 2 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$7.65M |
| 3 |
RA
Royce & Associates
New York
|
+$5.02M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.72M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.65M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$19M |
| 2 |
Goldman Sachs
New York
|
-$5.19M |
| 3 |
Millennium Management
New York
|
-$1.75M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.66M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$239 | -7 | Closed |
|
|
AWM
177
Avior Wealth Management
Omaha,
Nebraska
| – | -$205 | -6 | Closed |
|
|
RIL
178
Rothschild Investment LLC
Chicago,
Illinois
| – | -$171 | -5 | Closed |
|
MMI Hedge Fund Activity: Q2 2024 in Review
155 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q2 2024, worth a combined $726M — down 7.1% from $781M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of MMI and 20 opened new positions — a net loss of 3 holders — while 45 trimmed existing stakes and 63 added.
The largest buyer was Pzena Investment Management, adding an estimated $11.4M. The largest seller was Fidelity Investments, cutting an estimated $19M.
- 155 institutional investors held Marcus & Millichap (MMI) as of Q2 2024, down from 159 in Q1 2024.
- Funds reported $726M of Marcus & Millichap stock for Q2 2024, down 7.1% quarter-over-quarter.
- 20 funds opened new Marcus & Millichap positions in Q2 2024 and 23 closed out, a net change of -3 holders.
- The largest Marcus & Millichap buyer in Q2 2024 was Pzena Investment Management, an estimated $11.4M added.
- The largest Marcus & Millichap seller in Q2 2024 was Fidelity Investments, an estimated $19M sold.
Based on aggregated 13F filings for Q2 2024.