Marcus & Millichap (MMI) holder Reinhart Partners reports 0% stake

Rhea-AI Filing Summary

Reinhart Partners, LLC filed an amended Schedule 13G stating that it now beneficially owns 0 shares of Marcus & Millichap, Inc. common stock, representing 0% of the class as of 03/31/2025.

The filer reports no sole or shared power to vote or dispose of any Marcus & Millichap shares and indicates ownership of 5 percent or less of the class. It also certifies that any securities referenced were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Marcus & Millichap, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

566324109

(CUSIP Number)

03/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 566324109

1

Names of Reporting Persons

REINHART PARTNERS, LLC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power
6	Shared Voting Power
7	Sole Dispositive Power
8	Shared Dispositive Power

9

Aggregate Amount Beneficially Owned by Each Reporting Person

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12

Type of Reporting Person (See Instructions)

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Marcus & Millichap, Inc.
(b)	Address of issuer's principal executive offices: 23975 PARK SORRENTO, 23975 PARK SORRENTO, CALABASAS, CALIFORNIA, 91302.
Item 2.
(a)	Name of person filing: Reinhart Partners, LLC
(b)	Address or principal business office or, if none, residence: 11090 N. Weston Drive, Mequon, WI 53092
(c)	Citizenship: USA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 566324109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

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.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

REINHART PARTNERS, LLC.

Signature:	Sandi King
Name/Title:	CCO
Date:	02/12/2026

FAQ

What does Reinhart Partners report in the Marcus & Millichap (MMI) Schedule 13G/A?

Reinhart Partners reports beneficial ownership of 0 shares of Marcus & Millichap common stock, equal to 0% of the class. The firm also discloses no sole or shared voting or dispositive power over any MMI shares in this amended ownership filing.

What percentage of Marcus & Millichap (MMI) does Reinhart Partners currently own?

Reinhart Partners reports current beneficial ownership of 0% of Marcus & Millichap’s common stock. The Schedule 13G/A lists 0 shares beneficially owned, with no sole or shared power to vote or dispose, indicating it now holds 5 percent or less of the class.

What type of filing did Reinhart Partners submit regarding Marcus & Millichap (MMI)?

Reinhart Partners submitted an amended Schedule 13G (Schedule 13G/A) for Marcus & Millichap common stock. This form reports institutional ownership and confirms the firm’s beneficial ownership position and related voting and dispositive powers as of March 31, 2025.

How much voting power over Marcus & Millichap (MMI) shares does Reinhart Partners report?

Reinhart Partners reports 0 shares with sole voting power and 0 shares with shared voting power. It also lists 0 shares with sole or shared dispositive power, indicating no reported authority to vote or dispose of Marcus & Millichap common stock at the stated date.

What does “ownership of 5 percent or less” mean in this Marcus & Millichap (MMI) filing?

The filing’s “Ownership of 5 percent or less of a class” item confirms Reinhart Partners’ beneficial ownership is at or below the 5% threshold. In this case, the Schedule 13G/A specifies 0 shares and 0% of the Marcus & Millichap common stock outstanding.

Who signed the Marcus & Millichap (MMI) Schedule 13G/A for Reinhart Partners and when?

The amended Schedule 13G for Marcus & Millichap was signed by Sandi King, identified as CCO of Reinhart Partners. The signature section shows an execution date of February 12, 2026, certifying the accuracy and completeness of the ownership information.