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Marcus & Millichap

169 hedge funds and large institutions have $709M invested in Marcus & Millichap in 2025 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 62 increasing their positions, 55 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 55

0.61% more ownership

Funds ownership: 58.62%59.23% (+0.61%)

0% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 20

1% less funds holding

Funds holding: 170169 (-1)

10% less capital invested

Capital invested by funds: $791M → $709M (-$81.6M)

Holders
169
Holders Change
-1
Holders Change %
-0.59%
% of All Funds
2.22%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
20
Increased
62
Reduced
55
Closed
20
Calls
$18K
Puts
Net Calls
+$18K
Net Calls Change
+$15K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$119M +$2.77M +91,172 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$116M -$1.48M -48,738 -1%
RP
3
Reinhart Partners
Wisconsin
$68M +$1.57M +51,844 +2%
RA
4
Royce & Associates
New York
$56.6M +$2.61M +85,876 +5%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$48M -$1.64M -53,962 -3%
State Street
6
State Street
Massachusetts
$28.2M -$2.97K -98 -0%
TCM
7
Tributary Capital Management
Nebraska
$21.4M +$1.95M +64,392 +10%
Lord, Abbett & Co
8
Lord, Abbett & Co
New Jersey
$21.1M -$3.02M -99,545 -13%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$19.2M +$359K +11,819 +2%
Schroder Investment Management Group
10
Schroder Investment Management Group
United Kingdom
$19.2M -$729K -24,016 -4%
Pzena Investment Management
11
Pzena Investment Management
New York
$18.9M +$1.16M +38,159 +7%
Charles Schwab
12
Charles Schwab
California
$11.6M -$877K -28,895 -7%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$10.9M -$389K -12,827 -4%
Jennison Associates
14
Jennison Associates
New York
$8.68M +$587K +19,351 +7%
Northern Trust
15
Northern Trust
Illinois
$7.95M +$486K +16,010 +7%
DRZID
16
DePrince Race & Zollo Inc (DRZ)
Florida
$6.83M -$373K -12,295 -5%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$6.45M +$2.75M +90,737 +76%
Morgan Stanley
18
Morgan Stanley
New York
$6.27M +$523K +17,238 +9%
Hotchkis & Wiley Capital Management
19
Hotchkis & Wiley Capital Management
California
$5.92M +$525K +17,290 +10%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$5.73M -$109K -3,584 -2%
HCA
21
Harbor Capital Advisors
Illinois
$5.7M -$186K -6,132 -3%
SI
22
Sprott Inc
Ontario, Canada
$5.22M -$121K -4,000 -2%
Russell Investments Group
23
Russell Investments Group
United Kingdom
$5.16M -$18K -593 -0.4%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$3.94M +$3.74M +123,232 +2,462%
Principal Financial Group
25
Principal Financial Group
Iowa
$3.68M -$637 -21 -0%

MMI Hedge Fund Activity: Q2 2025 in Review

169 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Marcus & Millichap (MMI) for Q2 2025, worth a combined $709M — down 10% from $791M a quarter earlier.

Fund positioning in MMI was balanced in Q2 2025: 20 funds opened new positions, 20 closed out, 62 added to existing stakes and 55 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $3.74M. The largest seller was Ameriprise, cutting an estimated $6.61M.

  • 169 institutional investors held Marcus & Millichap (MMI) as of Q2 2025, down from 170 in Q1 2025.
  • Funds reported $709M of Marcus & Millichap stock for Q2 2025, down 10% quarter-over-quarter.
  • 20 funds opened new Marcus & Millichap positions in Q2 2025 and 20 closed out, a net change of 0 holders.
  • The largest Marcus & Millichap buyer in Q2 2025 was Royal Bank of Canada, an estimated $3.74M added.
  • The largest Marcus & Millichap seller in Q2 2025 was Ameriprise, an estimated $6.61M sold.

Based on aggregated 13F filings for Q2 2025.