Mid-America Apartment Communities
664 hedge funds and large institutions have $15B invested in Mid-America Apartment Communities in 2023 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 227 increasing their positions, 249 reducing their positions, and 60 closing their positions.
65% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 60
5% more funds holding
Funds holding: 631 → 664 (+33)
4% more capital invested
Capital invested by funds: $14.4B → $15B (+$586M)
0.05% more ownership
Funds ownership: 95.72% → 95.77% (+0.05%)
9% less repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 249
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
52% less call options, than puts
Call options by funds: $35.7M | Put options by funds: $73.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$357M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$151M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$121M |
| 4 |
LPC
Long Pond Capital
New York
|
+$109M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$108M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$731M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$128M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$88M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$58.8M |
| 5 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$42.6M |
MAA Hedge Fund Activity: Q4 2023 in Review
664 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Mid-America Apartment Communities (MAA) for Q4 2023, worth a combined $15B — up 4.1% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new MAA positions and 60 closed out — a net gain of 39 holders — while 227 added to existing stakes and 249 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $357M. The largest seller was Cohen & Steers, cutting an estimated $731M.
- 664 institutional investors held Mid-America Apartment Communities (MAA) as of Q4 2023, up from 631 in Q3 2023.
- Funds reported $15B of Mid-America Apartment Communities stock for Q4 2023, up 4.1% quarter-over-quarter.
- 99 funds opened new Mid-America Apartment Communities positions in Q4 2023 and 60 closed out, a net change of +39 holders.
- The largest Mid-America Apartment Communities buyer in Q4 2023 was Morgan Stanley, an estimated $357M added.
- The largest Mid-America Apartment Communities seller in Q4 2023 was Cohen & Steers, an estimated $731M sold.
Based on aggregated 13F filings for Q4 2023.