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Marcus & Millichap, Inc.

MMI
Exchange
NYSE
Industry
Real Estate Agents & Managers (For Others)
SEC CIK
0001578732

No open-market purchases or sales by Marcus & Millichap, Inc. insiders were filed in the last 90 days; 190 institutions reported holding it in 13F filings for Q2 2026, worth $722.4M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Marcus & Millichap, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
192
+19 vs. Q3 2025
Shares held
21.8M
−951.9K (−4.2%) vs. Q3 2025
Total value
$596.1M
−$73.3M (−10.9%) vs. Q3 2025
New holders
43
61 more added
Sold out
24
61 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MMI on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 192 institutions
Q1 2021: 152 institutionsQ2 2021: 143 institutionsQ3 2021: 153 institutionsQ4 2021: 167 institutionsQ1 2022: 183 institutionsQ2 2022: 190 institutionsQ3 2022: 184 institutionsQ4 2022: 178 institutionsQ1 2023: 159 institutionsQ2 2023: 151 institutionsQ3 2023: 147 institutionsQ4 2023: 151 institutionsQ1 2024: 160 institutionsQ2 2024: 156 institutionsQ3 2024: 166 institutionsQ4 2024: 166 institutionsQ1 2025: 171 institutionsQ2 2025: 170 institutionsQ3 2025: 175 institutionsQ4 2025: 192 institutionsQ1 2026: 173 institutionsQ2 2026: 190 institutions
Value heldQ4 2025: $596.1M
Q1 2021: $771.6MQ2 2021: $916.4MQ3 2021: $953.8MQ4 2021: $1.20BQ1 2022: $1.24BQ2 2022: $901.7MQ3 2022: $802.2MQ4 2022: $822.6MQ1 2023: $752.6MQ2 2023: $736.3MQ3 2023: $694.1MQ4 2023: $1.05BQ1 2024: $781.2MQ2 2024: $725.8MQ3 2024: $906.7MQ4 2024: $873.5MQ1 2025: $790.8MQ2 2025: $709.2MQ3 2025: $670.1MQ4 2025: $596.1MQ1 2026: $597.4MQ2 2026: $722.4M
Institutions holding MMI and their total value by quarter
QuarterHoldersValue
Q2 2026190$722.4M
Q1 2026173$597.4M
Q4 2025192$596.1M
Q3 2025175$670.1M
Q2 2025170$709.2M
Q1 2025171$790.8M
Q4 2024166$873.5M
Q3 2024166$906.7M
Q2 2024156$725.8M
Q1 2024160$781.2M
Q4 2023151$1.05B
Q3 2023147$694.1M
Q2 2023151$736.3M
Q1 2023159$752.6M
Q4 2022178$822.6M
Q3 2022184$802.2M
Q2 2022190$901.7M
Q1 2022183$1.24B
Q4 2021167$1.20B
Q3 2021153$953.8M
Q2 2021143$916.4M
Q1 2021152$771.6M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Marcus & Millichap, Inc.; share changes are against Q3 2025.

Institutions holding MMI in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Covestor Ltd3$00.00%00.0%Unchanged
SRS Capital Advisors, Inc.1$270.00%−1,147−99.9%Reduced
Root Financial Partners, LLC1$270.00%00.0%Unchanged
Cedar Mountain Advisors, LLC1$270.00%+1New
Dunhill Financial, LLC1$380.00%+1New
True Wealth Design, LLC4$1100.00%−19−82.6%Reduced
Abound Wealth Management4$1100.00%00.0%Unchanged
CIBC Private Wealth Group, LLC5$1360.00%+5New
Parkside Financial Bank & Trust5$1370.00%00.0%Unchanged
Fifth Third Bancorp6$1640.00%−50−89.3%Reduced
Sunbelt Securities, Inc.9$2460.00%+9New
Parallel Advisors, LLC11$3000.00%−94−89.5%Reduced
Jones Financial Companies LLLP13$3550.00%00.0%Unchanged
Larson Financial Group LLC15$4090.00%−81−84.4%Reduced
MAI Capital Management16$4370.00%+16New
Manchester Capital Management LLC18$4920.00%+18New
Farmers & Merchants Investments Inc19$5190.00%00.0%Unchanged
Farther Finance Advisors, LLC22$6000.00%+7+46.7%Added
Rothschild Investment LLC23$6280.00%−23−50.0%Reduced
Bare Financial Services, Inc36$9820.00%+36New
IFP Advisors, Inc42$1.15K0.00%+10+31.3%Added
DV Equities, LLC54$1.47K0.00%+54New
Essential Partners LLC69$1.88K0.00%−201−74.4%Reduced
SageView Advisory Group, LLC70$1.91K0.00%+70New
Optiver Holding B.V.72$1.97K0.00%−18−20.0%Reduced
Advisor Group Holdings, Inc.100$2.73K0.00%−3,745−97.4%Reduced
Danske Bank A/S100$2.73K0.00%00.0%Unchanged
Group One Trading, L.P.100$2.73K0.00%00.0%Unchanged
Quadrant Capital Group LLC117$3.19K0.00%00.0%Unchanged
Versant Capital Management, Inc119$3.25K0.00%−3−2.5%Reduced
Smartleaf Asset Management LLC119$3.26K0.00%−34−22.2%Reduced
Allworth Financial LP129$3.52K0.00%+6+4.9%Added
Los Angeles Capital Management LLC126$3.66K0.00%+126New
GAMMA Investing LLC162$4.42K0.00%−172−51.5%Reduced
Global Retirement Partners, LLC164$4.48K0.00%00.0%Unchanged
South State Corp.183$4.99K0.00%+183New
Signaturefd, LLC305$8.32K0.00%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.407$11.0K0.00%+93+29.6%Added
Quarry LP421$11.5K0.00%+170+67.7%Added
Pinnacle Wealth Planning Services, Inc.524$14.3K0.00%+524New
Umb Bank N A643$17.5K0.00%+103+19.1%Added
Public Employees Retirement System of Ohio653$17.8K0.00%+25+4.0%Added
Hantz Financial Services, Inc.642$18.0K0.00%+353+122.1%Added
EverSource Wealth Advisors, LLC664$18.1K0.00%+146+28.2%Added
Private Trust Co NA708$19.3K0.00%+130+22.5%Added
Rockefeller Capital Management L.P.714$19.5K0.00%+460+181.1%Added
Kestra Advisory Services, LLC1,098$30.0K0.00%+1,098New
Sterling Capital Management LLC1,382$37.7K0.00%−273−16.5%Reduced
Nisa Investment Advisors, LLC1,493$40.7K0.00%+344+29.9%Added
Caitong International Asset Management Co., Ltd1,598$43.6K0.01%+1,596+79,800.0%Added
Ameritas Investment Partners, Inc.2,004$54.7K0.00%00.0%Unchanged
FMR LLC2,185$59.6K0.00%−528−19.5%Reduced
CWM, LLC2,257$62.0K0.00%−1,004−30.8%Reduced
Tower Research Capital LLC (TRC)3,600$98.2K0.00%+2,430+207.7%Added
STRS Ohio4,200$114.6K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.4,388$119.7K0.00%−265−5.7%Reduced
Canada Pension Plan Investment Board4,800$131.0K0.00%+4,800New
KLP Kapitalforvaltning AS5,400$147.4K0.00%+900+20.0%Added
Oregon Public Employees Retirement Fund5,532$151.0K0.00%+38+0.7%Added
Teachers Retirement System of the State of Kentucky6,127$167.0K0.00%−868−12.4%Reduced
Citigroup Inc6,335$172.9K0.00%−10.0%Reduced
Aquatic Capital Management LLC6,508$177.6K0.01%+142+2.2%Added
Police & Firemen's Retirement System of New Jersey6,692$182.6K0.00%00.0%Unchanged
New York State Common Retirement Fund6,800$185.6K0.00%00.0%Unchanged
Amalgamated Bank7,016$191.0K0.00%−67−0.9%Reduced
Investors Research Corp7,275$198.5K0.04%00.0%Unchanged
Campbell & CO Investment Adviser LLC7,346$200.5K0.01%+7,346New
Heritage Family Offices, LLP7,930$216.4K0.10%−1,582−16.6%Reduced
Linden Thomas Advisory Services, LLC7,945$216.8K0.02%−427−5.1%Reduced
Schonfeld Strategic Advisors LLC8,088$220.7K0.00%+8,088New
US Bancorp8,269$225.7K0.00%−2,826−25.5%Reduced
Hofer & Associates. Inc8,344$227.7K0.12%−1,362−14.0%Reduced
Gsa Capital Partners LLP8,374$229.0K0.02%+8,374New
Cerity Partners LLC9,120$248.9K0.00%+9,120New
Zurcher Kantonalbank (Zurich Cantonalbank)9,350$255.2K0.00%00.0%Unchanged
Universal- Beteiligungs- und Servicegesellschaft mbH9,715$265.1K0.00%−40,981−80.8%Reduced
Janney Montgomery Scott LLC9,763$266.0K0.00%−25,525−72.3%Reduced
Intech Investment Management LLC10,284$280.6K0.00%00.0%Unchanged
Comerica Bank10,305$281.2K0.00%−1,765−14.6%Reduced
Entropy Technologies, LP10,744$293.2K0.02%+10,744New
Janus Henderson Group PLC10,880$296.7K0.00%00.0%Unchanged
RBF Capital, LLC11,000$300.2K0.01%00.0%Unchanged
Louisiana State Employees Retirement System11,100$302.9K0.01%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.11,138$304.0K0.00%−130−1.2%Reduced
Quantinno Capital Management LP11,578$316.0K0.00%−1,718−12.9%Reduced
Boothbay Fund Management, LLC11,924$325.4K0.01%+11,924New
State of Alaska, Department of Revenue12,109$330.0K0.00%−53−0.4%Reduced
Mirabella Financial Services LLP12,687$346.2K0.03%+12,687New
State of Tennessee, Treasury Department13,070$355.5K0.00%+6,952+113.6%Added
Clarkston Capital Partners, LLC13,530$369.2K0.01%00.0%Unchanged
Price T Rowe Associates Inc13,669$374.0K0.00%+1,038+8.2%Added
Manufacturers Life Insurance Company, The13,741$375.0K0.00%−742−5.1%Reduced
Illinois Municipal Retirement Fund13,824$377.3K0.00%+1,017+7.9%Added
Polymer Capital Management (US) LLC14,213$387.9K0.05%+14,213New
MetLife Investment Management14,278$389.6K0.00%00.0%Unchanged
SG Americas Securities, LLC15,098$412.0K0.00%+8,835+141.1%Added
Creative Planning15,814$431.6K0.00%−7,317−31.6%Reduced
Legato Capital Management LLC16,085$439.0K0.04%+16,085New
Integrated Quantitative Investments LLC16,085$439.0K0.09%+16,085New
Thrivent Financial for Lutherans16,577$452.0K0.00%−860−4.9%Reduced