Mid-America Apartment Communities
487 hedge funds and large institutions have $11.6B invested in Mid-America Apartment Communities in 2019 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 183 increasing their positions, 157 reducing their positions, and 37 closing their positions.
78% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 37
17% more repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 157
15% more capital invested
Capital invested by funds: $10.2B → $11.6B (+$1.48B)
5% more funds holding
Funds holding: 463 → 487 (+24)
3% more call options, than puts
Call options by funds: $20.5M | Put options by funds: $19.9M
0.51% less ownership
Funds ownership: 94.08% → 93.57% (-0.51%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$105M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$64.6M |
| 3 |
B
Barings
Charlotte,
North Carolina
|
+$42.7M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$38.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$96.6M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$74.1M |
| 3 |
JP Morgan Chase
New York
|
-$65.9M |
| 4 |
Cohen & Steers
New York
|
-$48.1M |
| 5 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$40.7M |
MAA Hedge Fund Activity: Q1 2019 in Review
487 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Mid-America Apartment Communities (MAA) for Q1 2019, worth a combined $11.6B — up 15% from $10.2B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new MAA positions and 37 closed out — a net gain of 29 holders — while 183 added to existing stakes and 157 trimmed.
The largest buyer was State Street, adding an estimated $105M. The largest seller was CBRE Investment Management Listed Real Assets, exiting entirely with an estimated $96.6M sold.
- 487 institutional investors held Mid-America Apartment Communities (MAA) as of Q1 2019, up from 463 in Q4 2018.
- Funds reported $11.6B of Mid-America Apartment Communities stock for Q1 2019, up 15% quarter-over-quarter.
- 66 funds opened new Mid-America Apartment Communities positions in Q1 2019 and 37 closed out, a net change of +29 holders.
- The largest Mid-America Apartment Communities buyer in Q1 2019 was State Street, an estimated $105M added.
- The largest Mid-America Apartment Communities seller in Q1 2019 was CBRE Investment Management Listed Real Assets, an estimated $96.6M sold.
Based on aggregated 13F filings for Q1 2019.