MARCUS & MILLICHAP INC

Ticker: MMI CUSIP: 566324109 Class: Common Stock

PICTON MAHONEY ASSET MANAGEMENT's Holding History (CIK: 0001539041)

Note: Option positions (PUT/CALL) are excluded.

Q4 2015

Shares 15,500 Value ($000) $452 Avg Close $34.48 Range $26.27 - $46.26

Q3 2015

Shares 24,500 Value ($000) $1,127 Avg Close $43.37 Range $37.58 - $49.92

Q2 2015

Shares 25,600 Value ($000) $1,181 Avg Close $39.49 Range $32.49 - $46.18

Q1 2015

Shares 25,600 Value ($000) $959 Avg Close $33.05 Range $28.60 - $36.96

Q4 2014

Shares 27,500 Value ($000) $915 Avg Close $28.48 Range $23.29 - $31.48

Q3 2014

Shares 19,300 Value ($000) $584 Avg Close $24.74 Range $20.64 - $28.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	15,500	$452	$34.48	$26.27 - $46.26
Q3 2015	24,500	$1,127	$43.37	$37.58 - $49.92
Q2 2015	25,600	$1,181	$39.49	$32.49 - $46.18
Q1 2015	25,600	$959	$33.05	$28.60 - $36.96
Q4 2014	27,500	$915	$28.48	$23.29 - $31.48
Q3 2014	19,300	$584	$24.74	$20.64 - $28.99