Marcus & Millichap
159 hedge funds and large institutions have $752M invested in Marcus & Millichap in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 63 increasing their positions, 64 reducing their positions, and 32 closing their positions.
0.35% less ownership
Funds ownership: 60.64% → 60.29% (-0.35%)
2% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 64
2% less capital invested
Capital invested by funds: $766M → $752M (-$13.9M)
11% less funds holding
Funds holding: 178 → 159 (-19)
53% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 32
75% less call options, than puts
Call options by funds: $42K | Put options by funds: $170K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.82M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.86M |
| 3 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
+$4.47M |
| 4 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$3.96M |
| 5 |
CEI
Clark Estates Inc
New York
|
+$2.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$12.1M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$10.5M |
| 3 |
RA
Royce & Associates
New York
|
-$4M |
| 4 |
Renaissance Technologies
New York
|
-$3.72M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$3.61M |
MMI Hedge Fund Activity: Q1 2023 in Review
159 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q1 2023, worth a combined $752M — down 1.8% from $766M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of MMI and 15 opened new positions — a net loss of 17 holders — while 64 trimmed existing stakes and 63 added.
The largest buyer was Envestnet Asset Management, adding an estimated $7.82M. The largest seller was BlackRock, cutting an estimated $12.1M.
- 159 institutional investors held Marcus & Millichap (MMI) as of Q1 2023, down from 178 in Q4 2022.
- Funds reported $752M of Marcus & Millichap stock for Q1 2023, down 1.8% quarter-over-quarter.
- 15 funds opened new Marcus & Millichap positions in Q1 2023 and 32 closed out, a net change of -17 holders.
- The largest Marcus & Millichap buyer in Q1 2023 was Envestnet Asset Management, an estimated $7.82M added.
- The largest Marcus & Millichap seller in Q1 2023 was BlackRock, an estimated $12.1M sold.
Based on aggregated 13F filings for Q1 2023.