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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
Centiva Capital, LP17,141$467.8K0.03%+17,141New
CWM Advisors, LLC17,152$468.1K0.04%+1,640+10.6%Added
Balyasny Asset Management LLC17,321$472.7K0.00%+17,321New
Occudo Quantitative Strategies LP18,473$504.1K0.03%+18,473New
Quadrature Capital Ltd19,082$520.7K0.01%+19,082New
EntryPoint Capital, LLC19,171$523.2K0.20%+19,171New
First National Bank of Omaha20,482$559.0K0.02%−442−2.1%Reduced
Great West Life Assurance Co20,737$565.0K0.00%00.0%Unchanged
Diametric Capital, LP22,394$611.1K0.16%+22,394New
Natixis Advisors, L.P.22,572$616.0K0.00%−11,013−32.8%Reduced
Jump Financial, LLC23,086$630.0K0.01%+23,086New
New York State Teachers Retirement System23,728$648.0K0.00%+2,326+10.9%Added
State of Wisconsin Investment Board23,989$654.7K0.00%−1,577−6.2%Reduced
California State Teachers Retirement System25,093$684.8K0.00%+1,889+8.1%Added
Y-Intercept (Hong Kong) Ltd25,687$701.0K0.02%+11,457+80.5%Added
Susquehanna Portfolio Strategies, LLC25,845$705.3K0.01%+25,845New
LPL Financial LLC26,085$711.9K0.00%−118−0.5%Reduced
Prudential Financial Inc26,740$729.7K0.00%−7,698−22.4%Reduced
Quantbot Technologies LP27,166$741.4K0.02%+27,166New
PDT Partners, LLC27,574$752.5K0.05%+3,585+14.9%Added
Aigen Investment Management, LP28,017$764.6K0.18%+28,017New
Royal Bank of Canada29,593$807.0K0.00%−83,032−73.7%Reduced
Panagora Asset Management Inc29,854$814.7K0.00%+29,854New
Alliancebernstein L.P.30,893$843.1K0.00%−2,590−7.7%Reduced
Hunter Perkins Capital Management, LLC31,130$850.0K0.20%+580+1.9%Added
Engineers Gate Manager LP31,214$851.8K0.01%+31,214New
Lighthouse Investment Partners, LLC34,445$940.0K0.03%00.0%Unchanged
Dark Forest Capital Management LP38,073$1.04M0.05%+38,073New
HSBC Holdings PLC39,164$1.07M0.00%−6,560−14.3%Reduced
Winton Group Ltd39,119$1.07M0.04%+4,092+11.7%Added
UBS Group AG40,822$1.11M0.00%+9,802+31.6%Added
Cambiar Investors LLC41,458$1.13M0.05%−231−0.6%Reduced
HRT Financial LP42,541$1.16M0.00%+34,126+405.5%Added
Squarepoint Ops LLC42,752$1.17M0.00%+21,753+103.6%Added
Bank of America Corp45,565$1.24M0.00%+19,228+73.0%Added
Quest Partners LLC46,764$1.28M0.07%+35,115+301.4%Added
Swiss National Bank49,300$1.35M0.00%00.0%Unchanged
ExodusPoint Capital Management, LP49,571$1.35M0.02%+13,780+38.5%Added
Mariner, LLC49,923$1.36M0.00%+49,923New
Deutsche Bank AG55,369$1.51M0.00%+36,041+186.5%Added
AQR Capital Management LLC55,516$1.52M0.00%−5,360−8.8%Reduced
XTX Topco Ltd62,216$1.70M0.04%+46,749+302.2%Added
Legal & General Group Plc62,717$1.71M0.00%−1,213−1.9%Reduced
BNP Paribas Arbitrage, SA66,725$1.82M0.00%+60,970+1,059.4%Added
Millennium Management LLC67,388$1.84M0.00%−104,879−60.9%Reduced
UBS Asset Management Americas Inc67,625$1.85M0.00%+2,673+4.1%Added
Two Sigma Advisers, LP69,500$1.90M0.00%+69,500New
Rhumbline Advisers69,563$1.90M0.00%−5,069−6.8%Reduced
Ameriprise Financial Inc70,797$1.93M0.00%+1,283+1.8%Added
American Century Companies Inc71,161$1.94M0.00%+2,074+3.0%Added
Invesco Ltd.73,454$2.00M0.00%−55,031−42.8%Reduced
Jacobs Levy Equity Management, Inc74,084$2.02M0.01%+74,084New
JPMorgan Chase & Co77,104$2.10M0.00%+19,694+34.3%Added
Barclays PLC78,350$2.14M0.00%+6,911+9.7%Added
SEI Investments Co82,023$2.24M0.00%+74,593+1,003.9%Added
Public Sector Pension Investment Board83,784$2.29M0.01%−10,482−11.1%Reduced
Nuveen, LLC90,102$2.46M0.00%+36,883+69.3%Added
Wells Fargo & Company92,156$2.51M0.00%−2,662−2.8%Reduced
Principal Financial Group Inc114,958$3.14M0.00%−1,734−1.5%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main134,672$3.68M0.00%+125,889+1,433.3%Added
Envestnet Asset Management Inc138,710$3.79M0.00%−64,128−31.6%Reduced
Trexquant Investment LP143,061$3.90M0.03%+104,324+269.3%Added
Goldman Sachs Group Inc148,445$4.05M0.00%+54,869+58.6%Added
Bank of New York Mellon Corp158,407$4.32M0.00%−17,540−10.0%Reduced
Sprott Inc.170,000$4.64M0.17%00.0%Unchanged
Algert Global LLC171,484$4.68M0.07%+159,435+1,323.2%Added
Point72 Asset Management, L.P.177,185$4.84M0.01%+177,185New
D. E. Shaw & Co., Inc.192,136$5.24M0.00%+135,739+240.7%Added
Marshall Wace, LLP195,482$5.33M0.01%+195,482New
Russell Investments Group, Ltd.201,079$5.49M0.01%+17,649+9.6%Added
Hotchkis & Wiley Capital Management LLC213,376$5.82M0.02%+7,130+3.5%Added
Two Sigma Investments, LP213,557$5.83M0.01%+213,557New
Morgan Stanley215,721$5.89M0.00%+54,922+34.2%Added
Tudor Investment Corp Et Al229,413$6.26M0.03%+138,583+152.6%Added
Northern Trust Corp232,740$6.35M0.00%−19,482−7.7%Reduced
Renaissance Technologies LLC260,200$7.10M0.01%+230,400+773.2%Added
Deprince Race & Zollo Inc264,518$7.22M0.14%+31,380+13.5%Added
Jane Street Group, LLC269,722$7.36M0.01%+227,719+542.1%Added
Jennison Associates LLC280,730$7.66M0.00%−5,399−1.9%Reduced
Qube Research & Technologies Ltd320,511$8.75M0.01%+242,713+312.0%Added
Citadel Advisors LLC361,686$9.87M0.01%+308,960+586.0%Added
Lord, Abbett & Co. LLC383,133$10.5M0.03%−257,780−40.2%Reduced
Charles Schwab Investment Management Inc385,116$10.5M0.00%+3,547+0.9%Added
Schroder Investment Management Group604,580$16.5M0.01%−7,557−1.2%Reduced
Tributary Capital Management, LLC612,480$16.7M1.65%−57,067−8.5%Reduced
Pzena Investment Management LLC614,322$16.8M0.05%−17,008−2.7%Reduced
Geode Capital Management, LLC628,283$17.1M0.00%−662−0.1%Reduced
Royce & Associates LP683,151$18.6M0.19%−878,967−56.3%Reduced
State Street Corp951,032$26.0M0.00%+27,275+3.0%Added
Dimensional Fund Advisors LP1,438,576$39.3M0.01%−66,480−4.4%Reduced
Vanguard Group Inc3,816,951$104.2M0.00%+86,609+2.3%Added
BlackRock, Inc.3,869,237$105.6M0.00%−45,675−1.2%Reduced
Reinhart Partners, Inc.0$00.00%−2,208,439−100.0%Sold out
Wellington Management Group LLP0$00.00%−325,204−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−70,943−100.0%Sold out
Harbor Capital Advisors, Inc.0$00.00%−52,016−100.0%Sold out
Verition Fund Management LLC0$00.00%−23,656−100.0%Sold out
Oppenheimer Asset Management Inc.0$00.00%−21,896−100.0%Sold out
Wiley Bros.-Aintree Capital, LLC0$00.00%−15,889−100.0%Sold out
Pitcairn Co0$00.00%−10,549−100.0%Sold out