Mid-America Apartment Communities
313 hedge funds and large institutions have $5.25B invested in Mid-America Apartment Communities in 2015 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 122 increasing their positions, 105 reducing their positions, and 23 closing their positions.
43% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 23
16% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 105
3% more funds holding
Funds holding: 304 → 313 (+9)
1.83% more ownership
Funds ownership: 94.28% → 96.11% (+1.8%)
4% less capital invested
Capital invested by funds: $5.48B → $5.25B (-$225M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
62% less call options, than puts
Call options by funds: $4M | Put options by funds: $10.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$77.1M |
| 2 |
Goldman Sachs
New York
|
+$69.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$41.5M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$39.2M |
| 5 |
JP Morgan Chase
New York
|
+$30.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$74.5M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$36M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$21.5M |
| 4 |
AAMU
APG Asset Management US
New York
|
-$20.6M |
| 5 |
Morgan Stanley
New York
|
-$18.4M |
MAA Hedge Fund Activity: Q2 2015 in Review
313 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Mid-America Apartment Communities (MAA) for Q2 2015, worth a combined $5.25B — down 4.1% from $5.48B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new MAA positions and 23 closed out — a net gain of 10 holders — while 122 added to existing stakes and 105 trimmed.
The largest buyer was State Street, adding an estimated $77.1M. The largest seller was Cohen & Steers, exiting entirely with an estimated $74.5M sold.
- 313 institutional investors held Mid-America Apartment Communities (MAA) as of Q2 2015, up from 304 in Q1 2015.
- Funds reported $5.25B of Mid-America Apartment Communities stock for Q2 2015, down 4.1% quarter-over-quarter.
- 33 funds opened new Mid-America Apartment Communities positions in Q2 2015 and 23 closed out, a net change of +10 holders.
- The largest Mid-America Apartment Communities buyer in Q2 2015 was State Street, an estimated $77.1M added.
- The largest Mid-America Apartment Communities seller in Q2 2015 was Cohen & Steers, an estimated $74.5M sold.
Based on aggregated 13F filings for Q2 2015.