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Marcus & Millichap

172 hedge funds and large institutions have $590M invested in Marcus & Millichap in 2026 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 80 increasing their positions, 45 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 45

2.2% more ownership

Funds ownership: 56.12%58.32% (+2.2%)

1% less capital invested

Capital invested by funds: $596M → $590M (-$5.89M)

10% less funds holding

Funds holding: 192172 (-20)

30% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 46

Holders
172
Holders Change
-20
Holders Change %
-10.42%
% of All Funds
2.12%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
32
Increased
80
Reduced
45
Closed
46
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$104M +$1.59M +60,499 +2%
VPM
2
Vanguard Portfolio Management
Pennsylvania
$68.3M +$67.6M +2,568,046 New
Pzena Investment Management
3
Pzena Investment Management
New York
$53.5M +$36.8M +1,398,441 +228%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$39.4M +$1.14M +43,196 +3%
VCM
5
Vanguard Capital Management
Pennsylvania
$28.2M +$27.9M +1,059,542 New
State Street
6
State Street
Massachusetts
$25.2M -$337K -12,808 -1%
Schroder Investment Management Group
7
Schroder Investment Management Group
United Kingdom
$24.4M +$8.59M +326,317 +54%
TCM
8
Tributary Capital Management
Nebraska
$20.3M +$3.95M +149,986 +24%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$17.2M +$444K +16,870 +3%
RA
10
Royce & Associates
New York
$13.6M -$4.51M -171,461 -25%
Charles Schwab
11
Charles Schwab
California
$11.5M +$1.28M +48,497 +13%
Two Sigma Investments
12
Two Sigma Investments
New York
$11.3M +$5.55M +210,780 +99%
AG
13
Algert Global
California
$11M +$6.32M +240,363 +140%
Qube Research & Technologies (QRT)
14
Qube Research & Technologies (QRT)
United Kingdom
$8.14M -$376K -14,279 -4%
DRZID
15
DePrince Race & Zollo Inc (DRZ)
Florida
$6.84M -$193K -7,346 -3%
Northern Trust
16
Northern Trust
Illinois
$6.5M +$303K +11,533 +5%
Russell Investments Group
17
Russell Investments Group
United Kingdom
$6.01M +$656K +24,941 +12%
Renaissance Technologies
18
Renaissance Technologies
New York
$5.84M -$1.07M -40,500 -16%
SI
19
Sprott Inc
Ontario, Canada
$5.58M +$1.05M +40,000 +24%
CI
20
CX Institutional
Indiana
$5.54M +$5.48M +208,291 New
Morgan Stanley
21
Morgan Stanley
New York
$4.92M -$812K -30,858 -14%
AQR Capital Management
22
AQR Capital Management
Connecticut
$4.84M +$3.33M +126,567 +228%
N
23
Nuveen
North Carolina
$4.68M +$2.26M +85,742 +95%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$4.5M +$804K +30,552 +22%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$4.37M -$730K -27,751 -14%