Marcus & Millichap
111 hedge funds and large institutions have $342M invested in Marcus & Millichap in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 46 reducing their positions, and 17 closing their positions.
1.43% more ownership
Funds ownership: 34.36% → 35.79% (+1.4%)
4% more capital invested
Capital invested by funds: $328M → $342M (+$14.1M)
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
1% less funds holding
Funds holding: 112 → 111 (-1)
24% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$19.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.17M |
| 3 |
NAP
New Amsterdam Partners
New York
|
+$4.58M |
| 4 |
ROIC
Route One Investment Company
San Francisco,
California
|
+$3.52M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$3.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$4.56M |
| 2 |
Millennium Management
New York
|
-$3.62M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$2.87M |
| 4 |
Renaissance Technologies
New York
|
-$2.67M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$1.57M |
MMI Hedge Fund Activity: Q2 2016 in Review
111 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q2 2016, worth a combined $342M — up 4.3% from $328M a quarter earlier.
Fund positioning in MMI was balanced in Q2 2016: 17 funds opened new positions, 17 closed out, 35 added to existing stakes and 46 trimmed.
The largest buyer was Royce & Associates, adding an estimated $19.4M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $4.56M sold.
- 111 institutional investors held Marcus & Millichap (MMI) as of Q2 2016, down from 112 in Q1 2016.
- Funds reported $342M of Marcus & Millichap stock for Q2 2016, up 4.3% quarter-over-quarter.
- 17 funds opened new Marcus & Millichap positions in Q2 2016 and 17 closed out, a net change of 0 holders.
- The largest Marcus & Millichap buyer in Q2 2016 was Royce & Associates, an estimated $19.4M added.
- The largest Marcus & Millichap seller in Q2 2016 was Wasatch Advisors, an estimated $4.56M sold.
Based on aggregated 13F filings for Q2 2016.