Mid-America Apartment Communities
MAA
523 hedge funds and large institutions have $11B invested in Mid-America Apartment Communities in 2020 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 178 increasing their positions, 198 reducing their positions, and 71 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
11% more call options, than puts
Call options by funds: $29.1M | Put options by funds: $26.1M
0.21% more ownership
Funds ownership: 93.16% → 93.37% (+0.21%)
7% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 71
2% less funds holding
Funds holding: 532 → 523 (-9)
10% less repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 198
22% less capital invested
Capital invested by funds: $14B → $11B (-$3.02B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$342M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$46.6M |
| 3 |
ZP
Zimmer Partners
New York
|
+$35.7M |
| 4 |
AAMU
APG Asset Management US
New York
|
+$32.9M |
| 5 |
BPSG
Brookfield Public Securities Group
New York
|
+$21.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$85.1M |
| 2 |
Morgan Stanley
New York
|
-$77.9M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$65.7M |
| 4 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$64M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$55.1M |
MAA Hedge Fund Activity: Q1 2020 in Review
523 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Mid-America Apartment Communities (MAA) for Q1 2020, worth a combined $11B — down 22% from $14B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of MAA and 66 opened new positions — a net loss of 5 holders — while 198 trimmed existing stakes and 178 added.
The largest buyer was Fidelity Investments, adding an estimated $342M. The largest seller was Centersquare Investment Management, cutting an estimated $85.1M.
- 523 institutional investors held Mid-America Apartment Communities (MAA) as of Q1 2020, down from 532 in Q4 2019.
- Funds reported $11B of Mid-America Apartment Communities stock for Q1 2020, down 22% quarter-over-quarter.
- 66 funds opened new Mid-America Apartment Communities positions in Q1 2020 and 71 closed out, a net change of -5 holders.
- The largest Mid-America Apartment Communities buyer in Q1 2020 was Fidelity Investments, an estimated $342M added.
- The largest Mid-America Apartment Communities seller in Q1 2020 was Centersquare Investment Management, an estimated $85.1M sold.
Based on aggregated 13F filings for Q1 2020.