Marcus & Millichap
152 hedge funds and large institutions have $772M invested in Marcus & Millichap in 2021 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 55 increasing their positions, 47 reducing their positions, and 14 closing their positions.
114% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 14
17% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 47
10% more funds holding
Funds holding: 138 → 152 (+14)
0.16% less ownership
Funds ownership: 58.22% → 58.06% (-0.16%)
10% less capital invested
Capital invested by funds: $854M → $772M (-$82M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.3M |
| 2 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$8.43M |
| 3 |
Millennium Management
New York
|
+$8.42M |
| 4 |
BlackRock
New York
|
+$8.05M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$31.6M |
| 2 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$13.5M |
| 3 |
Janus Henderson Group
London,
|
-$9.41M |
| 4 |
RA
Royce & Associates
New York
|
-$6.56M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$5.95M |
MMI Hedge Fund Activity: Q1 2021 in Review
152 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q1 2021, worth a combined $772M — down 9.6% from $854M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new MMI positions and 14 closed out — a net gain of 16 holders — while 55 added to existing stakes and 47 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.3M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $31.6M sold.
- 152 institutional investors held Marcus & Millichap (MMI) as of Q1 2021, up from 138 in Q4 2020.
- Funds reported $772M of Marcus & Millichap stock for Q1 2021, down 9.6% quarter-over-quarter.
- 30 funds opened new Marcus & Millichap positions in Q1 2021 and 14 closed out, a net change of +16 holders.
- The largest Marcus & Millichap buyer in Q1 2021 was Morgan Stanley, an estimated $11.3M added.
- The largest Marcus & Millichap seller in Q1 2021 was Vaughan Nelson Investment Management, an estimated $31.6M sold.
Based on aggregated 13F filings for Q1 2021.