Mid-America Apartment Communities
434 hedge funds and large institutions have $10.6B invested in Mid-America Apartment Communities in 2017 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 166 increasing their positions, 161 reducing their positions, and 48 closing their positions.
3% more capital invested
Capital invested by funds: $10.3B → $10.6B (+$355M)
3% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 161
2% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 48
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.38% less ownership
Funds ownership: 92.37% → 91.99% (-0.38%)
2% less funds holding
Funds holding: 444 → 434 (-10)
31% less call options, than puts
Call options by funds: $7.44M | Put options by funds: $10.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$967M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$141M |
| 3 |
JP Morgan Chase
New York
|
+$84.7M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$75.4M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$235M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$110M |
| 3 |
Cohen & Steers
New York
|
-$106M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$56.6M |
| 5 |
Goldman Sachs
New York
|
-$38.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GBT
476
Grove Bank & Trust
Miami,
Florida
| – | -$43K | -440 | Closed |
|
|
BBHC
477
Brown Brothers Harriman & Co
New York
| – | -$24K | -250 | Closed |
|
|
FAN
478
Financial Advisors Network
Tustin,
California
| – | -$16.8K | -176 | Closed |
|
479
EARNEST Partners
Atlanta,
Georgia
| – | -$4K | -36 | Closed |
|
|
WPA
480
West Paces Advisors
Atlanta,
Georgia
| – | -$2.15K | -22 | Closed |
|
|
IPC
481
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$1K | -9 | Closed |
|
|
EA
482
Edge Advisors
Atlanta,
Georgia
| – | +$494 | +5 | New |
|
MAA Hedge Fund Activity: Q1 2017 in Review
434 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Mid-America Apartment Communities (MAA) for Q1 2017, worth a combined $10.6B — up 3.5% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new MAA positions and 48 closed out — a net gain of 1 holder — while 166 added to existing stakes and 161 trimmed.
The largest buyer was BlackRock, adding an estimated $967M. The largest seller was Deutsche Bank, cutting an estimated $235M.
- 434 institutional investors held Mid-America Apartment Communities (MAA) as of Q1 2017, down from 444 in Q4 2016.
- Funds reported $10.6B of Mid-America Apartment Communities stock for Q1 2017, up 3.5% quarter-over-quarter.
- 49 funds opened new Mid-America Apartment Communities positions in Q1 2017 and 48 closed out, a net change of +1 holder.
- The largest Mid-America Apartment Communities buyer in Q1 2017 was BlackRock, an estimated $967M added.
- The largest Mid-America Apartment Communities seller in Q1 2017 was Deutsche Bank, an estimated $235M sold.
Based on aggregated 13F filings for Q1 2017.