MMI
Marcus & Millichap, Inc. · Real Estate · Real Estate - Services
Momentum inputs (comparable managers):
holder breadth +11.1% ·
share flow -1.1% ·
net new positions +10.0%
· formula
Ownership fragmentation: more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 14.90K | $428,668 | n/a | n/a |
| Q2 2026 | 69 | -1 | 15.15M | $472.15M | +7 | −8 |
| Q1 2026 | 73 | -6 | 14.12M | $375.38M | +6 | −12 |
| Q4 2025 | 78 | +1 | 16.90M | $461.15M | +3 | −2 |
| Q3 2025 | 16 | 0 | 10.35M | $304.03M | n/a | −1 |
| Q2 2025 | 14 | -1 | 9.87M | $303.20M | n/a | −1 |
| Q1 2025 | 12 | +2 | 2.30M | $79.56M | +2 | n/a |
| Q4 2024 | 10 | +1 | 2.18M | $83.26M | +1 | n/a |
| Q3 2024 | 8 | +1 | 1.23M | $48.88M | +3 | −2 |
| Q2 2024 | 7 | n/a | 1.26M | $39.71M | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | State Street Global Advisors ✦ (passive) | 966.38K | n/a | $36.97M | 0.0% | n/c | 1 | SEC ↗ |
| 2 | Geode Capital Management ✦ (passive) | 597.34K | +0.4% | $22.86M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 3 | Wellington Management ✦ | 369.11K | -6.6% | $14.12M | 0.0% | ▼ Trim | 3 | SEC ↗ ×5 |
| 4 | Citadel Advisors ✦ | 129.66K | +18.4% | $4.96M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 5 | Norges Bank ✦ (passive) | 71.28K | -12.6% | $2.73M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 6 | Millennium Management ✦ | 9.75K | -67.5% | $373,073 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 7 | AQR Capital Management ✦ | 9.59K | +42.1% | $366,990 | 0.0% | ▲ Add | 2 | SEC ↗ ×3 |
| 8 | T. Rowe Price ✦ | 9.11K | +18.7% | $349,000 | 0.0% | ▲ Add | 3 | SEC ↗ |
| 9 | Arrowstreet Capital ✦ | 7.76K | +5.7% | $296,745 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 10 | Two Sigma Investments ✦ | 6.00K | New | $229,560 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| Two Sigma Investments | $229,560 | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 169 holders, 22.10M shares, $565.01M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.