Marcus & Millichap
138 hedge funds and large institutions have $608M invested in Marcus & Millichap in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 53 increasing their positions, 49 reducing their positions, and 24 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 49
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.45% less ownership
Funds ownership: 57.91% → 57.45% (-0.45%)
5% less funds holding
Funds holding: 146 → 138 (-8)
21% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 24
28% less capital invested
Capital invested by funds: $840M → $608M (-$232M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$7.92M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$6.2M |
| 3 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$5.64M |
| 4 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$5.62M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$3.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$16.1M |
| 2 |
RA
Royce & Associates
New York
|
-$6.63M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$3.29M |
| 4 |
BlackRock
New York
|
-$2.18M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.99M |
MMI Hedge Fund Activity: Q1 2020 in Review
138 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q1 2020, worth a combined $608M — down 28% from $840M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MMI and 19 opened new positions — a net loss of 5 holders — while 49 trimmed existing stakes and 53 added.
The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $7.92M. The largest seller was Aberdeen Group, cutting an estimated $16.1M.
- 138 institutional investors held Marcus & Millichap (MMI) as of Q1 2020, down from 146 in Q4 2019.
- Funds reported $608M of Marcus & Millichap stock for Q1 2020, down 28% quarter-over-quarter.
- 19 funds opened new Marcus & Millichap positions in Q1 2020 and 24 closed out, a net change of -5 holders.
- The largest Marcus & Millichap buyer in Q1 2020 was Vaughan Nelson Investment Management, an estimated $7.92M added.
- The largest Marcus & Millichap seller in Q1 2020 was Aberdeen Group, an estimated $16.1M sold.
Based on aggregated 13F filings for Q1 2020.