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Institutional Ownership · SEC Form 13F

Who owns Marchex, Inc. (MCHX)


Which tracked institutional funds hold MCHX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MCHX company fundamentals →

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

28
Institutional holders
21M
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on MCHX is one-sided between 2025-Q4 and 2026-Q1: 1 added or opened and 3 trimmed or exited — on balance reducing.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

MCHX’s largest tracked holder by dollar value, Edenbrook Capital, LLC, sizes it at 11.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 11.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in MCHX divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 28 tracked filers holding MCHX, 13 increased or opened the position and 7 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in MCHX between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 1

  • VANGUARD CAPITAL MANAGEMENT LLC$2M

Full exits 1

  • VANGUARD GROUP INC$2M

Largest trims

  • Edenbrook Capital, LLC$2M
  • RENAISSANCE TECHNOLOGIES LLC$262K

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
Edenbrook Capital, LLC14,664,380$23M63.0%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed1,605,904$2M6.9%2026-Q1
Kanen Wealth Management LLC added1,300,388$2M5.6%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new1,081,336$2M4.6%2026-Q1
BlackRock, Inc. added639,995$992K2.7%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added404,806$628K1.7%2026-Q1
P.A.W. CAPITAL CORP400,000$620K1.7%2026-Q1
ACADIAN ASSET MANAGEMENT LLC trimmed211,619$327K0.9%2026-Q1
VANGUARD FIDUCIARY TRUST CO new202,178$313K0.9%2026-Q1
STATE STREET CORP added140,696$218K0.6%2026-Q1
Acuitas Investments, LLC added133,702$207K0.6%2026-Q1
NORTHERN TRUST CORP76,029$118K0.3%2026-Q1
DIMENSIONAL FUND ADVISORS LP66,276$103K0.3%2026-Q1
MARATHON CAPITAL MANAGEMENT61,500$95K0.3%2026-Q1
BRIDGEWAY CAPITAL MANAGEMENT, LLC56,828$88K0.2%2026-Q1
GOLDMAN SACHS GROUP INC added47,428$74K0.2%2026-Q1
MORGAN STANLEY33,136$51K0.1%2026-Q1
LPL Financial LLC trimmed31,190$48K0.1%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC24,313$38K0.1%2026-Q1
Black Diamond Financial, LLC new20,000$31K0.1%2026-Q1
CITADEL ADVISORS LLC trimmed16,629$26K0.1%2026-Q1
Vanguard Global Advisers, LLC new11,241$17K0.0%2026-Q1
Independent Advisor Alliance10,000$16K0.0%2026-Q1
Tower Research Capital LLC (TRC) added2,091$3K0.0%2026-Q1
UBS Group AG added626$9700.0%2026-Q1
JPMORGAN CHASE & CO43$670.0%2026-Q1
BNP PARIBAS FINANCIAL MARKETS2$30.0%2026-Q1
WELLS FARGO & COMPANY/MN1$10.0%2026-Q1
VANGUARD GROUP INC1,294,755$2M6.0%2025-Q4 stale
AMH Equity Ltd added278,276$609K1.7%2025-Q2 stale
Manatuck Hill Partners, LLC trimmed40,000$88K0.2%2025-Q2 stale
RBF Capital, LLC41,600$75K0.2%2025-Q3 stale
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed30,924$55K0.2%2025-Q3 stale
Arcadia Wealth Management, Inc.29,050$48K0.1%2025-Q4 stale
IEQ CAPITAL, LLC new27,908$45K0.1%2025-Q1 stale
JANE STREET GROUP, LLC added18,657$30K0.1%2025-Q1 stale
XTX Topco Ltd added15,416$26K0.1%2025-Q4 stale
Financial Advocates Investment Management10,000$22K0.1%2025-Q2 stale
BARCLAYS PLC trimmed91$1640.0%2025-Q3 stale
BANK OF AMERICA CORP /DE/38$630.0%2025-Q4 stale
CITIGROUP INC trimmed28$500.0%2025-Q3 stale
CONCOURSE FINANCIAL GROUP SECURITIES, INC.00.0%2025-Q2 stale
SIMPLEX TRADING, LLC trimmed20.0%2025-Q1 stale
ROYAL BANK OF CANADA trimmed70.0%2025-Q3 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership