Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Marcus & Millichap Inc (MMI)

184 + Investors. Track Smart Money conviction in MMI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +14
Streak
1Q ▲
Buyers last Q
55%

Smart Money Signals — MMI

Based on 185 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added MMI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
185 hedge funds hold MMI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+18 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

102 buying82 selling
Last quarter: 102 funds bought or added vs 82 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new MMI position: 25 → 44 → 31 → 38. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 14% medium ■ 25% new
114 out of 185 hedge funds have held MMI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +24% but shares only +3% — price-driven

Value
+23%
Shares
+2%
Last quarter: the total dollar value of institutional holdings rose +24%, but actual share count only changed +3%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~38 new funds/quarter

21 → 25 → 44 → 31 → 38 new funds/Q
New funds entering each quarter: 25 → 44 → 31 → 38. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 65% veterans vs 26% newcomers

■ 65% veterans ■ 8% 1-2yr ■ 26% new
Entry-cohort mix of 185 holders: 121 (65%) are 2+ year veterans, 15 entered 1–2 years ago, and 49 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
41 of 184 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in MMI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — MMI

In 2026 Q2, 102 hedge funds were net buyers of MMI (38 opened a new position, 64 added to an existing one), while 82 reduced or exited (58 trimmed, 24 sold completely) — a 55% buyer ratio, indicating a slight buying edge. 58% of total institutional value in MMI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +14 funds (more new holders than closures). Total institutional holders: 185.

Hedge Fund Ownership: MMI

How many hedge funds hold MMI — quarterly history vs. share price
Quarterly hedge fund ownership of MMI vs. share price

Market Analysis: MMI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MMI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 0 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: MMI
184 + Investors

Track Smart Money conviction in MMI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 184 171 7.6%
13F Shares 23M 22M 2.65%
Total Value $706M $570M 23.85%
New Positions 38 31 +7
Increased Positions 64 79 -15
Closed Positions 24 49 -25
Reduced Positions 58 43 +15
Total Calls 1 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: MMI

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Institutional Holders (2026 Q2)

184 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MMI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 MMI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Tributary Capital Management, LLC 1.90% 740,631 $23.1M
2 Verdad Advisers, LP 0.66% 21,972 $685K
3 Sprott INC. 0.21% 210,000 $6.5M
4 Pzena Investment Management LLC 0.20% 2,141,001 $66.7M
5 VARCOV Co. 0.18% 15,342 $478K
6 Aigen Investment Management, LP 0.14% 16,677 $520K
7 Hofer & Associates. Inc 0.13% 8,344 $260K
8 Royce & Associates LP 0.12% 470,019 $14.7M
9 Deprince Race & Zollo Inc 0.10% 183,095 $5.7M
10 WINTON GROUP Ltd 0.08% 79,750 $2.5M
11 Schroder Investment Management Group 0.05% 2,285,406 $71.3M
12 Investors Research Corp 0.04% 7,275 $227K
13 Diametric Capital, LP 0.04% 10,932 $341K
14 Jacobs Levy Equity Management, Inc 0.03% 272,747 $8.5M
15 Mirabella Financial Services LLP 0.03% 10,151 $316K
16 Inspire Investing, LLC 0.03% 21,780 $679K
17 XTX Topco Ltd 0.02% 61,117 $1.9M
18 Campbell & CO Investment Adviser LLC 0.02% 14,048 $438K
19 Dark Forest Capital Management LP 0.02% 11,114 $346K
20 First National Bank of Omaha 0.02% 24,737 $771K
21 Linden Thomas Advisory Services, LLC 0.02% 8,156 $254K
22 ExodusPoint Capital Management, LP 0.02% 83,576 $2.6M
23 RBF Capital, LLC 0.01% 11,000 $343K
24 Two Sigma Investments, LP 0.01% 551,097 $17.2M
25 Trexquant Investment LP 0.01% 57,275 $1.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Marcus & Millichap Inc (MMI)

What does the Smart Money Trend signal show for MMI?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added MMI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for MMI?

Slight buying edge — 55% buying: Last quarter: 102 funds bought or added vs 82 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for MMI holders?

Elite ownership — 58% AUM from top-100 funds: 41 of 184 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in MMI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held MMI?

62% of holders stayed for 2+ years: 114 out of 185 hedge funds have held MMI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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