Marcus & Millichap
66 hedge funds and large institutions have $165M invested in Marcus & Millichap in 2014 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 28 increasing their positions, 17 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
65% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 17
46% more capital invested
Capital invested by funds: $113M → $165M (+$52.1M)
22% more funds holding
Funds holding: 54 → 66 (+12)
0.37% more ownership
Funds ownership: 17.32% → 17.69% (+0.37%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.47M |
| 2 |
RA
Royce & Associates
New York
|
+$3.49M |
| 3 |
WSA
Wall Street Associates
Lajolla,
California
|
+$3.38M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$2.08M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$5.57M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
-$3.77M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.76M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.34M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$2.93M |
MMI Hedge Fund Activity: Q2 2014 in Review
66 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q2 2014, worth a combined $165M — up 46% from $113M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MMI positions and 4 closed out — a net gain of 13 holders — while 28 added to existing stakes and 17 trimmed.
The largest buyer was Vanguard Group, adding an estimated $5.47M. The largest seller was Federated Hermes, cutting an estimated $5.57M.
- 66 institutional investors held Marcus & Millichap (MMI) as of Q2 2014, up from 54 in Q1 2014.
- Funds reported $165M of Marcus & Millichap stock for Q2 2014, up 46% quarter-over-quarter.
- 17 funds opened new Marcus & Millichap positions in Q2 2014 and 4 closed out, a net change of +13 holders.
- The largest Marcus & Millichap buyer in Q2 2014 was Vanguard Group, an estimated $5.47M added.
- The largest Marcus & Millichap seller in Q2 2014 was Federated Hermes, an estimated $5.57M sold.
Based on aggregated 13F filings for Q2 2014.