Schroder reports 6.0% stake in Marcus & Millichap

Schroder Investment Management Group reported beneficial ownership of common stock of Marcus & Millichap Inc. The group disclosed holding 2,285,406 shares, representing 6.0% of the outstanding common shares.

Rhea-AI Filing Summary

Schroder Investment Management Group reported beneficial ownership of common stock of Marcus & Millichap Inc. The group disclosed holding 2,285,406 shares, representing 6.0% of the outstanding common shares. Within this, it has sole voting and dispositive power over 362,413 shares and no shared voting or dispositive power.

Affiliated entities reported portions of this position: Schroder Investment Management Limited referenced 1,072,897 shares (2.8% of the class), Schroder Investment Management (Europe) S.A. referenced 1,211,972 shares (3.2%), and Schroder Investment Management North America Inc. referenced 537 shares. The filing identifies Schroder Investment Management Group as organized in the United Kingdom and lists its London office as the principal business address.

Key Figures

Beneficial ownership: 2,285,406 shares Percent of class: 6.0 % Sole voting power: 362,413 shares +3 more

6 metrics

Beneficial ownership 2,285,406 shares Common stock beneficially owned by Schroder Investment Management Group

Percent of class 6.0 % Percentage of Marcus & Millichap common stock class held beneficially

Sole voting power 362,413 shares Shares over which Schroder Investment Management Group has sole power to vote

Sole dispositive power 362,413 shares Shares over which Schroder Investment Management Group has sole dispositive power

Schroder Investment Management Limited holding 1,072,897 shares Referenced holding equal to 2.8% of Marcus & Millichap common stock

Schroder Investment Management (Europe) S.A. holding 1,211,972 shares Referenced holding equal to 3.2% of Marcus & Millichap common stock

Key Terms

beneficially owned, Sole Voting Power, Sole Dispositive Power, Percent of class, +1 more

5 terms

beneficially owned financial

"Item 4. | Ownership (a) | Amount beneficially owned: 2,285,406"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Voting Power financial

"5 | Sole Voting Power 362,413.00 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Sole Dispositive Power financial

"7 | Sole Dispositive Power 362,413.00 8 | Shared Dispositive Power 0.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Percent of class financial

"Item 4. | Ownership (a) | Amount beneficially owned: 2,285,406 (b) | Percent of class: 6.0 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

Schedule 13G regulatory

""form_type": "SCHEDULE 13G""

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much of Marcus & Millichap (MMI) stock does Schroder Investment Management Group own?

Schroder Investment Management Group reported beneficial ownership of 2,285,406 Marcus & Millichap common shares, representing 6.0% of the class. This stake reflects their aggregated position across related investment management entities.

What voting power does Schroder Investment Management Group have in Marcus & Millichap (MMI)?

Schroder Investment Management Group has sole voting power over 362,413 Marcus & Millichap shares and no shared voting power. It also has sole dispositive power over the same 362,413 shares, according to the ownership disclosure.

How is Schroder Investment Management Group’s MMI stake allocated among its entities?

The group’s filing references 1,072,897 shares for Schroder Investment Management Limited, 1,211,972 shares for Schroder Investment Management (Europe) S.A., and 537 shares for Schroder Investment Management North America Inc., all within the overall 2,285,406-share beneficial holding.

What percentage of Marcus & Millichap (MMI) does Schroder Investment Management Limited report?

Schroder Investment Management Limited reports beneficial reference to 1,072,897 Marcus & Millichap shares, equal to 2.8% of the common stock. This is part of the broader 6.0% beneficial ownership reported by Schroder Investment Management Group.

Where is Schroder Investment Management Group, a major MMI holder, based?

Schroder Investment Management Group lists its principal business office at 1 London Wall Place, London, England, EC2Y 5AU and identifies its citizenship/organization as the United Kingdom in the ownership report for Marcus & Millichap.

Who signed the Marcus & Millichap (MMI) Schedule 13G for Schroder Investment entities?

The report was signed by Thomas Darnowski, CEO, Americas, and by Schroder Investment Management Limited and Schroder Investment Management (Europe) S.A., with comments indicating authority via Power of Attorney for the listed advisers.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/12/2026 - 11:31 AM Accepted by SEC EDGAR 08/12/2026 - 11:30 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Marcus & Millichap Inc

(Name of Issuer)

COM

(Title of Class of Securities)

566324109

(CUSIP Number)

06/30/2026

(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)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 566324109

1

Names of Reporting Persons

SCHRODER INVESTMENT MANAGEMENT GROUP

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

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 362,413.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 362,413.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,285,406.00

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)

6.0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP Number(s): 566324109

1

Names of Reporting Persons

Schroder Investment Management Limited

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

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 362,413.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 362,413.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,072,897.00

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)

2.8 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP Number(s): 566324109

1

Names of Reporting Persons

Schroder Investment Management North America Inc.

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 537.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 537.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

537.00

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)

0.0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP Number(s): 566324109

1

Names of Reporting Persons

Schroder Investment Management (Europe) S.A.

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

LUXEMBOURG

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,211,972.00

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)

3.2 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Marcus & Millichap Inc
(b)	Address of issuer's principal executive offices: C/O National Registered Agents, Inc., 160 Greentree Drive Suite 101, Dover, US-DE, 19904, US
Item 2.
(a)	Name of person filing: SCHRODER INVESTMENT MANAGEMENT GROUP
(b)	Address or principal business office or, if none, residence: 1 London Wall Place, London, England, EC2Y 5AU
(c)	Citizenship: United Kingdom,
(d)	Title of class of securities: COM
(e)	CUSIP Number(s): 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: 2,285,406
(b)	Percent of class: 6.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 362,413
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 362,413
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
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.

SCHRODER INVESTMENT MANAGEMENT GROUP

Signature:	/s/ Thomas Darnowski
Name/Title:	Thomas Darnowski, CEO, Americas
Date:	08/11/2026

Schroder Investment Management Limited

Signature:	/s/ Schroder Investment Management Limited
Name/Title:	Schroder Investment Management Limited
Date:	08/11/2026

Schroder Investment Management North America Inc.

Signature:	/s/ Thomas Darnowski
Name/Title:	Thomas Darnowski, CEO, Americas
Date:	08/11/2026

Schroder Investment Management (Europe) S.A.

Signature:	/s/ Schroder Investment Management (Europe) S.A.
Name/Title:	Schroder Investment Management (Europe) S.A.
Date:	08/11/2026

Comments accompanying signature: **Authorized by Power of Attorney to sign on behalf of the below Advisers: Schroder Investment Management Group Schroder Investment Management (Europe) S.A. Schroder Investment Management Limited