Marcus & Millichap
147 hedge funds and large institutions have $694M invested in Marcus & Millichap in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 45 increasing their positions, 56 reducing their positions, and 20 closing their positions.
216% more call options, than puts
Call options by funds: $158K | Put options by funds: $50K
0.65% more ownership
Funds ownership: 60.84% → 61.49% (+0.65%)
3% less funds holding
Funds holding: 151 → 147 (-4)
6% less capital invested
Capital invested by funds: $736M → $694M (-$42.2M)
20% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 56
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.6M |
| 2 |
Jennison Associates
New York
|
+$7.47M |
| 3 |
Goldman Sachs
New York
|
+$6.46M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.48M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$15.4M |
| 2 |
Morgan Stanley
New York
|
-$3.73M |
| 3 |
HPCM
Hunter Perkins Capital Management
Lombard,
Illinois
|
-$2.62M |
| 4 |
CEI
Clark Estates Inc
New York
|
-$2.38M |
| 5 |
Renaissance Technologies
New York
|
-$2.31M |
MMI Hedge Fund Activity: Q3 2023 in Review
147 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q3 2023, worth a combined $694M — down 5.7% from $736M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of MMI and 16 opened new positions — a net loss of 4 holders — while 56 trimmed existing stakes and 45 added.
The largest buyer was Fidelity Investments, adding an estimated $15.6M. The largest seller was BlackRock, cutting an estimated $15.4M.
- 147 institutional investors held Marcus & Millichap (MMI) as of Q3 2023, down from 151 in Q2 2023.
- Funds reported $694M of Marcus & Millichap stock for Q3 2023, down 5.7% quarter-over-quarter.
- 16 funds opened new Marcus & Millichap positions in Q3 2023 and 20 closed out, a net change of -4 holders.
- The largest Marcus & Millichap buyer in Q3 2023 was Fidelity Investments, an estimated $15.6M added.
- The largest Marcus & Millichap seller in Q3 2023 was BlackRock, an estimated $15.4M sold.
Based on aggregated 13F filings for Q3 2023.