SCHEDULE 13G: Reinhart Partners Discloses 5.57% Stake in Marcus & Millichap, Inc.

Reinhart Partners, LLC has filed a Schedule 13G, revealing a beneficial ownership of 5.57% of Marcus & Millichap, Inc.'s Common Stock as of March 31, 2025.

Summary

• Reinhart Partners, LLC, an investment adviser based in Wisconsin, has filed a Schedule 13G with the SEC.
• The filing indicates that Reinhart Partners beneficially owns 2,162,935 shares of Marcus & Millichap, Inc.'s Common Stock.
• This ownership represents 5.57% of the total class of securities.
• Reinhart Partners holds sole voting power over 1,989,493 shares and sole dispositive power over all 2,162,935 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: The document is a factual disclosure of beneficial ownership. While neutral in terms of company performance, the disclosure of a significant stake by an investment adviser can be viewed as a positive signal of institutional interest.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

NA

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake may influence investor perception and potentially the stock's trading activity.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, Marcus & Millichap Inc., Reinhart Partners LLC, Common Stock, Investment Adviser, SEC Filing, Institutional Ownership