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Marcus & Millichap

155 hedge funds and large institutions have $726M invested in Marcus & Millichap in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 63 increasing their positions, 45 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 45

4% more call options, than puts

Call options by funds: $101K | Put options by funds: $97K

0.02% more ownership

Funds ownership: 59.51%59.53% (+0.02%)

3% less funds holding

Funds holding: 159155 (-4)

7% less capital invested

Capital invested by funds: $781M → $726M (-$55.4M)

13% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 23

Holders
155
Holders Change
-4
Holders Change %
-2.52%
% of All Funds
2.24%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
20
Increased
63
Reduced
45
Closed
23
Calls
$101K
Puts
$97K
Net Calls
+$4K
Net Calls Change
-$41K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$119M -$1.36M -42,161 -1%
BlackRock
2
BlackRock
New York
$119M +$556K +17,180 +0.5%
RA
3
Royce & Associates
New York
$72.4M +$5.02M +155,011 +7%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$56.4M -$18.5K -573 -0%
RP
5
Reinhart Partners
Wisconsin
$53.8M +$7.65M +236,324 +16%
State Street
6
State Street
Massachusetts
$28.6M -$192K -5,918 -0.6%
Lord, Abbett & Co
7
Lord, Abbett & Co
New Jersey
$26.6M +$114K +3,535 +0.4%
Schroder Investment Management Group
8
Schroder Investment Management Group
United Kingdom
$21.9M -$1.66M -51,203 -7%
TCM
9
Tributary Capital Management
Nebraska
$20.7M -$28.2K -870 -0.1%
Pzena Investment Management
10
Pzena Investment Management
New York
$20.2M +$11.4M +352,832 +122%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$18.6M +$738K +22,810 +4%
Jennison Associates
12
Jennison Associates
New York
$12.7M +$93.1K +2,877 +0.7%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$12.6M +$975K +30,129 +8%
Charles Schwab
14
Charles Schwab
California
$11.7M +$597K +18,436 +5%
Goldman Sachs
15
Goldman Sachs
New York
$8.38M -$5.19M -160,408 -38%
Northern Trust
16
Northern Trust
Illinois
$7.8M -$925K -28,590 -10%
Morgan Stanley
17
Morgan Stanley
New York
$6.96M +$1.18M +36,539 +20%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$6.82M +$59.4K +1,836 +0.9%
SI
19
Sprott Inc
Ontario, Canada
$5.52M
American Century Companies
20
American Century Companies
Missouri
$5.43M -$1.31M -40,576 -19%
Norges Bank
21
Norges Bank
Norway
$5.22M +$639K +19,734 +14%
Balyasny Asset Management
22
Balyasny Asset Management
Illinois
$4.14M +$3.72M +115,006 +705%
Principal Financial Group
23
Principal Financial Group
Iowa
$3.73M -$178K -5,493 -4%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$3.49M +$4.43K +137 +0.1%
Deutsche Bank
25
Deutsche Bank
Germany
$2.94M +$2.65M +81,846 +709%

MMI Hedge Fund Activity: Q2 2024 in Review

155 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q2 2024, worth a combined $726M — down 7.1% from $781M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of MMI and 20 opened new positions — a net loss of 3 holders — while 45 trimmed existing stakes and 63 added.

The largest buyer was Pzena Investment Management, adding an estimated $11.4M. The largest seller was Fidelity Investments, cutting an estimated $19M.

  • 155 institutional investors held Marcus & Millichap (MMI) as of Q2 2024, down from 159 in Q1 2024.
  • Funds reported $726M of Marcus & Millichap stock for Q2 2024, down 7.1% quarter-over-quarter.
  • 20 funds opened new Marcus & Millichap positions in Q2 2024 and 23 closed out, a net change of -3 holders.
  • The largest Marcus & Millichap buyer in Q2 2024 was Pzena Investment Management, an estimated $11.4M added.
  • The largest Marcus & Millichap seller in Q2 2024 was Fidelity Investments, an estimated $19M sold.

Based on aggregated 13F filings for Q2 2024.