Marcus & Millichap
111 hedge funds and large institutions have $337M invested in Marcus & Millichap in 2016 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 36 reducing their positions, and 17 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 36
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0% more funds holding
Funds holding: 111 → 111 (0)
1% less capital invested
Capital invested by funds: $342M → $337M (-$4.82M)
1.51% less ownership
Funds ownership: 35.79% → 34.28% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
+$3.28M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.26M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.64M |
| 4 |
FIM
Foresters Investment Management
New York
|
+$2.62M |
| 5 |
DCM
Dean Capital Management
Overland Park,
Kansas
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.5M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$7.43M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$6.15M |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$5.78M |
| 5 |
SIM
Spark Investment Management
New York
|
-$3.05M |
MMI Hedge Fund Activity: Q3 2016 in Review
111 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q3 2016, worth a combined $337M — down 1.4% from $342M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MMI positions and 17 closed out — a net gain of 1 holder — while 41 added to existing stakes and 36 trimmed.
The largest buyer was Dean Investment Associates, opening a new position worth an estimated $3.28M. The largest seller was Fidelity Investments, cutting an estimated $8.5M.
- 111 institutional investors held Marcus & Millichap (MMI) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $337M of Marcus & Millichap stock for Q3 2016, down 1.4% quarter-over-quarter.
- 18 funds opened new Marcus & Millichap positions in Q3 2016 and 17 closed out, a net change of +1 holder.
- The largest Marcus & Millichap buyer in Q3 2016 was Dean Investment Associates, an estimated $3.28M added.
- The largest Marcus & Millichap seller in Q3 2016 was Fidelity Investments, an estimated $8.5M sold.
Based on aggregated 13F filings for Q3 2016.