Marcus & Millichap
151 hedge funds and large institutions have $736M invested in Marcus & Millichap in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 69 reducing their positions, and 21 closing their positions.
0.55% more ownership
Funds ownership: 60.29% → 60.84% (+0.55%)
2% less capital invested
Capital invested by funds: $753M → $736M (-$16.3M)
5% less funds holding
Funds holding: 159 → 151 (-8)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
29% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 69
78% less call options, than puts
Call options by funds: $88K | Put options by funds: $393K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$34.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.1M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.32M |
| 4 |
RA
Royce & Associates
New York
|
+$2.98M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$20.6M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$8.79M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.15M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.92M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.9M |
MMI Hedge Fund Activity: Q2 2023 in Review
151 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q2 2023, worth a combined $736M — down 2.2% from $753M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MMI and 15 opened new positions — a net loss of 6 holders — while 69 trimmed existing stakes and 49 added.
The largest buyer was Schroder Investment Management Group, opening a new position worth an estimated $34.4M. The largest seller was BlackRock, cutting an estimated $20.6M.
- 151 institutional investors held Marcus & Millichap (MMI) as of Q2 2023, down from 159 in Q1 2023.
- Funds reported $736M of Marcus & Millichap stock for Q2 2023, down 2.2% quarter-over-quarter.
- 15 funds opened new Marcus & Millichap positions in Q2 2023 and 21 closed out, a net change of -6 holders.
- The largest Marcus & Millichap buyer in Q2 2023 was Schroder Investment Management Group, an estimated $34.4M added.
- The largest Marcus & Millichap seller in Q2 2023 was BlackRock, an estimated $20.6M sold.
Based on aggregated 13F filings for Q2 2023.