Marcus & Millichap (MMI)

• Market cap: $1.42B
• 1 day: 1.30%
• 5 days: 8.66%
• 1 month: -6.68%
• 3 months: -3.43%
• 6 months: -3.07%
• Year to date: -2.09%
• 1 year: 0.16%
• 5 years: -3.07%
• 10 years: 7.20%
• Sector: Real Estate
• Industry: Real Estate Agents & Managers (For Others)

About: Marcus & Millichap Inc is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research, and advisory services. The company offers three primary services to its clients: commercial real estate investment brokerage, financing, and ancillary services, including other research, advisory, and consulting services. The company generates revenues by collecting fees on the sale and financing of commercial properties. These fees consist of commissions collected upon the sale of a property and fees collected from the placement of loans.

Employees: 2,590

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

77% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 13

19% more capital invested

Capital invested by funds: $762M [Q2] → $906M (+$145M) [Q3]

5% more funds holding

Funds holding: 156 [Q2] → 164 (+8) [Q3]

2% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 58

3.46% less ownership

Funds ownership: 62.51% [Q2] → 59.05% (-3.46%) [Q3]

45% less call options, than puts

Call options by funds: $48K | Put options by funds: $87K