Marcus & Millichap
126 hedge funds and large institutions have $663M invested in Marcus & Millichap in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 54 increasing their positions, 47 reducing their positions, and 19 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 47
9% more capital invested
Capital invested by funds: $610M → $663M (+$52.6M)
1.1% more ownership
Funds ownership: 57.38% → 58.48% (+1.1%)
9% less funds holding
Funds holding: 138 → 126 (-12)
63% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 19
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$24.9M |
| 2 |
Janus Henderson Group
London,
|
+$6.13M |
| 3 |
BlackRock
New York
|
+$4.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.83M |
| 5 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$2.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$8.09M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$7.7M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$4.52M |
| 4 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$4.49M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
-$2.28M |
MMI Hedge Fund Activity: Q2 2020 in Review
126 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q2 2020, worth a combined $663M — up 8.6% from $610M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of MMI and 7 opened new positions — a net loss of 12 holders — while 47 trimmed existing stakes and 54 added.
The largest buyer was Vaughan Nelson Investment Management, adding an estimated $24.9M. The largest seller was Royce & Associates, cutting an estimated $8.09M.
- 126 institutional investors held Marcus & Millichap (MMI) as of Q2 2020, down from 138 in Q1 2020.
- Funds reported $663M of Marcus & Millichap stock for Q2 2020, up 8.6% quarter-over-quarter.
- 7 funds opened new Marcus & Millichap positions in Q2 2020 and 19 closed out, a net change of -12 holders.
- The largest Marcus & Millichap buyer in Q2 2020 was Vaughan Nelson Investment Management, an estimated $24.9M added.
- The largest Marcus & Millichap seller in Q2 2020 was Royce & Associates, an estimated $8.09M sold.
Based on aggregated 13F filings for Q2 2020.