Chuck Royce's MMI Position Overview
Chuck Royce (via Royce & Associates Lp) currently holds 683,151 shares of Marcus & Millichap, Inc. (MMI) worth $18.64 M, representing 0.19% of the portfolio. First purchased in 2014-Q1, this long-term strategic position has been held for 48 quarters.
Based on 13F filings since 2013, Chuck Royce has maintained a long-term strategic position in MMI, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2017, adding 957,701 shares. Largest reduction occurred in Q4 2025, reducing 878,967 shares.
Analysis based on 13F filings available since 2013 Q2
Chuck Royce's Marcus & Millichap (MMI) Holding Value Over Time
Track share changes against reported price movement
Quarterly Marcus & Millichap (MMI) Trades by Chuck Royce
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -878,967 | Reduce 56.27% | 683,151 | $27.29 |
| Q3 2025 | -281,649 | Reduce 15.28% | 1.56 M | $29.35 |
| Q2 2025 | +85,876 | Add 4.89% | 1.84 M | $30.71 |
| Q1 2025 | -440,489 | Reduce 20.04% | 1.76 M | $34.45 |
| Q4 2024 | -104,773 | Reduce 4.55% | 2.2 M | $38.26 |
| Q3 2024 | +6,000 | Add 0.26% | 2.3 M | $39.63 |
| Q2 2024 | +155,011 | Add 7.24% | 2.3 M | $31.52 |
| Q1 2024 | +197,477 | Add 10.15% | 2.14 M | $34.17 |
| Q4 2023 | -223,273 | Reduce 10.30% | 1.94 M | $43.68 |
| Q3 2023 | +65,909 | Add 3.14% | 2.17 M | $29.34 |
| Q2 2023 | +96,266 | Add 4.80% | 2.1 M | $31.51 |
| Q1 2023 | -115,315 | Reduce 5.44% | 2.01 M | $32.11 |
| Q4 2022 | +64,350 | Add 3.13% | 2.12 M | $34.45 |
| Q3 2022 | +472,551 | Add 29.83% | 2.06 M | $32.78 |
| Q2 2022 | +147,129 | Add 10.24% | 1.58 M | $36.99 |
| Q1 2022 | -61,102 | Reduce 4.08% | 1.44 M | $52.68 |
| Q4 2021 | -188,763 | Reduce 11.19% | 1.5 M | $51.46 |
| Q3 2021 | +107,200 | Add 6.79% | 1.69 M | $40.62 |
| Q2 2021 | +87,276 | Add 5.85% | 1.58 M | $38.87 |
| Q1 2021 | -178,452 | Reduce 10.68% | 1.49 M | $33.70 |
| Q4 2020 | -604,069 | Reduce 26.55% | 1.67 M | $37.23 |
| Q3 2020 | -43,133 | Reduce 1.86% | 2.27 M | $27.52 |
| Q2 2020 | -286,961 | Reduce 11.02% | 2.32 M | $28.86 |
| Q1 2020 | -197,174 | Reduce 7.04% | 2.61 M | $27.10 |
| Q4 2019 | +17,733 | Add 0.64% | 2.8 M | $37.25 |
| Q3 2019 | +56,421 | Add 2.07% | 2.78 M | $35.49 |
| Q2 2019 | -27,369 | Reduce 0.99% | 2.73 M | $30.85 |
| Q1 2019 | -302,489 | Reduce 9.89% | 2.76 M | $40.73 |
| Q4 2018 | +112,212 | Add 3.81% | 3.06 M | $34.33 |
| Q3 2018 | +289,448 | Add 10.90% | 2.95 M | $34.71 |
| Q2 2018 | -346,957 | Reduce 11.55% | 2.66 M | $39.01 |
| Q1 2018 | -248,362 | Reduce 7.64% | 3 M | $36.06 |
| Q4 2017 | -507,899 | Reduce 13.51% | 3.25 M | $32.61 |
| Q3 2017 | -37,141 | Reduce 0.98% | 3.76 M | $26.99 |
| Q2 2017 | +313,305 | Add 8.99% | 3.8 M | $26.36 |
| Q1 2017 | +957,701 | Add 37.92% | 3.48 M | $24.58 |
| Q4 2016 | +108,713 | Add 4.50% | 2.53 M | $26.72 |
| Q3 2016 | +51,500 | Add 2.18% | 2.42 M | $26.15 |
| Q2 2016 | +767,478 | Add 48.03% | 2.37 M | $25.41 |
| Q1 2016 | +891,612 | Add 126.23% | 1.6 M | $25.39 |
| Q4 2015 | +651,180 | Add 1180.96% | 706,320 | $29.14 |
| Q3 2015 | -5,900 | Reduce 9.67% | 55,140 | $45.99 |
| Q2 2015 | -36,450 | Reduce 37.39% | 61,040 | $46.13 |
| Q1 2015 | -48,260 | Reduce 33.11% | 97,490 | $37.48 |
| Q4 2014 | -112,530 | Reduce 43.57% | 145,750 | $33.25 |
| Q3 2014 | -48,820 | Reduce 15.90% | 258,280 | $30.26 |
| Q2 2014 | +176,440 | Add 135.04% | 307,100 | $25.51 |
| Q1 2014 | +130,660 | New Buy | 130,660 | $17.84 |
Chuck Royce's Marcus & Millichap Investment FAQs
Chuck Royce first purchased Marcus & Millichap, Inc. (MMI) in Q1 2014, acquiring 130,660 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Chuck Royce has held Marcus & Millichap, Inc. (MMI) for 48 quarters since Q1 2014.
Chuck Royce's largest addition to Marcus & Millichap, Inc. (MMI) was in Q1 2017, adding 3,483,324 shares worth $85.62 M.
According to the latest 13F filing for Q4 2025, Chuck Royce's firm, Royce & Associates Lp, owns 683,151 shares of Marcus & Millichap, Inc. (MMI), valued at approximately $18.64 M.
As of the Q4 2025 filing, Marcus & Millichap, Inc. (MMI) represents approximately 0.19% of Chuck Royce's publicly disclosed stock portfolio, making it one of their key holdings.
Chuck Royce's peak holding in Marcus & Millichap, Inc. (MMI) was 3,796,629 shares, as reported at the end of Q2 2017.