Marcus & Millichap
184 hedge funds and large institutions have $820M invested in Marcus & Millichap in 2022 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 90 increasing their positions, 49 reducing their positions, and 28 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 49
0.08% less ownership
Funds ownership: 62.67% → 62.59% (-0.08%)
3% less funds holding
Funds holding: 190 → 184 (-6)
9% less capital invested
Capital invested by funds: $902M → $820M (-$81.6M)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$20.4M |
| 2 |
RA
Royce & Associates
New York
|
+$17.9M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$9.27M |
| 4 |
BlackRock
New York
|
+$4.88M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$10M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$8.34M |
| 3 |
Millennium Management
New York
|
-$7.46M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$3.45M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIA
201
Bell Investment Advisors
Oakland,
California
| – | -$1K | -38 | Closed |
|
202
Rockefeller Capital Management
New York
| – | -$756 | -20 | -65% |
|
|
GWS
203
Glassman Wealth Services
Vienna,
Virginia
| – | -$1K | -19 | Closed |
|
|
SC
204
Schubert & Co
Mckinney,
Texas
| – | -$38 | -1 | -14% |
|
|
JWA
205
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | +$76 | +2 | +100% |
|
|
AF
206
Allworth Financial
Folsom,
California
| – | +$113 | +3 | New |
|
|
SIC
207
SJS Investment Consulting
Sylvania,
Ohio
| – | +$113 | +3 | New |
|
|
MCM
208
Manchester Capital Management
Manchester,
Vermont
| – | +$416 | +11 | New |
|
MMI Hedge Fund Activity: Q3 2022 in Review
184 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q3 2022, worth a combined $820M — down 9% from $902M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of MMI and 23 opened new positions — a net loss of 5 holders — while 49 trimmed existing stakes and 90 added.
The largest buyer was Janus Henderson Group, adding an estimated $20.4M. The largest seller was Grandeur Peak Global Advisors, cutting an estimated $10M.
- 184 institutional investors held Marcus & Millichap (MMI) as of Q3 2022, down from 190 in Q2 2022.
- Funds reported $820M of Marcus & Millichap stock for Q3 2022, down 9% quarter-over-quarter.
- 23 funds opened new Marcus & Millichap positions in Q3 2022 and 28 closed out, a net change of -5 holders.
- The largest Marcus & Millichap buyer in Q3 2022 was Janus Henderson Group, an estimated $20.4M added.
- The largest Marcus & Millichap seller in Q3 2022 was Grandeur Peak Global Advisors, an estimated $10M sold.
Based on aggregated 13F filings for Q3 2022.