Marcus & Millichap
MMI
151 hedge funds and large institutions have $1.05B invested in Marcus & Millichap in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 47 increasing their positions, 62 reducing their positions, and 16 closing their positions.
727% more call options, than puts
Call options by funds: $397K | Put options by funds: $48K
52% more capital invested
Capital invested by funds: $694M → $1.05B (+$359M)
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
3% more funds holding
Funds holding: 147 → 151 (+4)
1.31% more ownership
Funds ownership: 61.49% → 62.8% (+1.3%)
24% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$8.38M |
| 2 |
Jennison Associates
New York
|
+$8.08M |
| 3 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$4.43M |
| 4 |
BlackRock
New York
|
+$4.11M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$7.41M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$2.17M |
| 3 |
Goldman Sachs
New York
|
-$2.07M |
| 4 |
Bank of New York Mellon
New York
|
-$1.73M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.7M |
MMI Hedge Fund Activity: Q4 2023 in Review
151 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q4 2023, worth a combined $1.05B — up 52% from $694M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MMI positions and 16 closed out — a net gain of 5 holders — while 47 added to existing stakes and 62 trimmed.
The largest buyer was Pzena Investment Management, adding an estimated $8.38M. The largest seller was Royce & Associates, cutting an estimated $7.41M.
- 151 institutional investors held Marcus & Millichap (MMI) as of Q4 2023, up from 147 in Q3 2023.
- Funds reported $1.05B of Marcus & Millichap stock for Q4 2023, up 52% quarter-over-quarter.
- 21 funds opened new Marcus & Millichap positions in Q4 2023 and 16 closed out, a net change of +5 holders.
- The largest Marcus & Millichap buyer in Q4 2023 was Pzena Investment Management, an estimated $8.38M added.
- The largest Marcus & Millichap seller in Q4 2023 was Royce & Associates, an estimated $7.41M sold.
Based on aggregated 13F filings for Q4 2023.