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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.

New
Increased
Maintained
Reduced
Closed

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: 178159 (-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

Holders
159
Holders Change
-19
Holders Change %
-10.67%
% of All Funds
2.53%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
63
Reduced
64
Closed
32
Calls
$42K
Puts
$170K
Net Calls
-$128K
Net Calls Change
-$56K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$155M -$12.1M -348,633 -7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$130M +$11.7K +338 +0%
RA
3
Royce & Associates
New York
$64.4M -$4M -115,315 -5%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$57.1M +$4.86M +140,119 +9%
RP
5
Reinhart Partners
Wisconsin
$39.4M +$3.96M +113,968 +10%
Lord, Abbett & Co
6
Lord, Abbett & Co
New Jersey
$31.3M +$862K +24,832 +3%
State Street
7
State Street
Massachusetts
$27.1M +$1.48M +42,666 +5%
TCM
8
Tributary Capital Management
Nebraska
$17.9M +$4.47M +128,744 +30%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$16.6M +$612K +17,625 +4%
First Trust Advisors
10
First Trust Advisors
Illinois
$14.1M +$2.29M +65,943 +18%
Federated Hermes
11
Federated Hermes
Pennsylvania
$10.6M -$1.12M -32,196 -9%
American Century Companies
12
American Century Companies
Missouri
$10.6M +$1.05M +30,279 +10%
Hotchkis & Wiley Capital Management
13
Hotchkis & Wiley Capital Management
California
$10.1M +$1.46M +42,120 +15%
Northern Trust
14
Northern Trust
Illinois
$9.86M +$136K +3,906 +1%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$9.66M -$109K -3,143 -1%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$9.61M -$79.3K -2,283 -0.8%
Charles Schwab
17
Charles Schwab
California
$9.32M +$524K +15,093 +5%
Morgan Stanley
18
Morgan Stanley
New York
$7.5M -$910K -26,204 -10%
Norges Bank
19
Norges Bank
Norway
$7.04M
SI
20
Sprott Inc
Ontario, Canada
$5.62M +$521K +15,000 +9%
N
21
Nuveen
North Carolina
$5.53M -$296K -8,525 -5%
UBS Group
22
UBS Group
Switzerland
$5.21M +$768K +22,127 +16%
Principal Financial Group
23
Principal Financial Group
Iowa
$5.02M -$174K -5,022 -3%
Ameriprise
24
Ameriprise
Minnesota
$4.59M +$11.1K +319 +0.2%
Invesco
25
Invesco
Georgia
$4.43M +$519K +14,944 +12%

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.