Marcus & Millichap
159 hedge funds and large institutions have $753M invested in Marcus & Millichap in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 62 increasing their positions, 64 reducing their positions, and 31 closing their positions.
3.81% more ownership
Funds ownership: 56.49% → 60.29% (+3.8%)
2% less capital invested
Capital invested by funds: $766M → $753M (-$13.6M)
3% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 64
10% less funds holding
Funds holding: 176 → 159 (-17)
48% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 31
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 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
+$4.47M |
| 3 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$3.96M |
| 4 |
CEI
Clark Estates Inc
New York
|
+$2.62M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$12.1M |
| 2 |
Janus Henderson Group
London,
|
-$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 6,283 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q1 2023, worth a combined $753M — down 1.8% from $766M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of MMI and 16 opened new positions — a net loss of 15 holders — while 64 trimmed existing stakes and 62 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 176 in Q4 2022.
- Funds reported $753M of Marcus & Millichap stock for Q1 2023, down 1.8% quarter-over-quarter.
- 16 funds opened new Marcus & Millichap positions in Q1 2023 and 31 closed out, a net change of -15 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.