Marcus & Millichap
109 hedge funds and large institutions have $378M invested in Marcus & Millichap in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 34 increasing their positions, 41 reducing their positions, and 19 closing their positions.
12% more capital invested
Capital invested by funds: $337M → $378M (+$41M)
3.31% more ownership
Funds ownership: 34.28% → 37.59% (+3.3%)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
2% less funds holding
Funds holding: 111 → 109 (-2)
17% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$23.4M |
| 2 |
ROIC
Route One Investment Company
San Francisco,
California
|
+$9.55M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$8.9M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$3.73M |
| 5 |
RA
Royce & Associates
New York
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$12.3M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$3.36M |
| 3 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$3.24M |
| 4 |
NAP
New Amsterdam Partners
New York
|
-$2.59M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$2.4M |
MMI Hedge Fund Activity: Q4 2016 in Review
109 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q4 2016, worth a combined $378M — up 12% from $337M a quarter earlier.
Fund positioning in MMI was balanced in Q4 2016: 19 funds opened new positions, 19 closed out, 34 added to existing stakes and 41 trimmed.
The largest buyer was Aberdeen Asset Management, opening a new position worth an estimated $23.4M. The largest seller was William Blair & Company, cutting an estimated $12.3M.
- 109 institutional investors held Marcus & Millichap (MMI) as of Q4 2016, down from 111 in Q3 2016.
- Funds reported $378M of Marcus & Millichap stock for Q4 2016, up 12% quarter-over-quarter.
- 19 funds opened new Marcus & Millichap positions in Q4 2016 and 19 closed out, a net change of 0 holders.
- The largest Marcus & Millichap buyer in Q4 2016 was Aberdeen Asset Management, an estimated $23.4M added.
- The largest Marcus & Millichap seller in Q4 2016 was William Blair & Company, an estimated $12.3M sold.
Based on aggregated 13F filings for Q4 2016.