Marcus & Millichap
109 hedge funds and large institutions have $429M invested in Marcus & Millichap in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 35 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
23% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 35
14% more capital invested
Capital invested by funds: $378M → $429M (+$51.5M)
4.88% more ownership
Funds ownership: 37.59% → 42.47% (+4.9%)
0% more funds holding
Funds holding: 109 → 109 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$48.8M |
| 2 |
RA
Royce & Associates
New York
|
+$24.8M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
+$13.8M |
| 4 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$13.1M |
| 5 |
TCGI
Three Corner Global Investors
New York
|
+$4.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.65M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$3.5M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$3.1M |
| 4 |
NAP
New Amsterdam Partners
New York
|
-$2.2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$2.02M |
MMI Hedge Fund Activity: Q1 2017 in Review
109 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q1 2017, worth a combined $429M — up 14% from $378M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MMI positions and 13 closed out — a net gain of 7 holders — while 43 added to existing stakes and 35 trimmed.
The largest buyer was BlackRock, adding an estimated $48.8M. The largest seller was Kennedy Capital Management, cutting an estimated $3.65M.
- 109 institutional investors held Marcus & Millichap (MMI) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $429M of Marcus & Millichap stock for Q1 2017, up 14% quarter-over-quarter.
- 20 funds opened new Marcus & Millichap positions in Q1 2017 and 13 closed out, a net change of +7 holders.
- The largest Marcus & Millichap buyer in Q1 2017 was BlackRock, an estimated $48.8M added.
- The largest Marcus & Millichap seller in Q1 2017 was Kennedy Capital Management, an estimated $3.65M sold.
Based on aggregated 13F filings for Q1 2017.