Mid-America Apartment Communities
MAA
287 hedge funds and large institutions have $4.75B invested in Mid-America Apartment Communities in 2014 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 121 increasing their positions, 100 reducing their positions, and 33 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
21% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 100
1.12% less ownership
Funds ownership: 97.44% → 96.32% (-1.1%)
5% less funds holding
Funds holding: 301 → 287 (-14)
11% less capital invested
Capital invested by funds: $5.34B → $4.75B (-$584M)
36% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 33
40% less call options, than puts
Call options by funds: $2.38M | Put options by funds: $3.96M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$41.8M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$41.8M |
| 3 |
JP Morgan Chase
New York
|
+$31.7M |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
+$25.7M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$62M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$39.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$38.9M |
| 4 |
Bank of New York Mellon
New York
|
-$24.2M |
| 5 |
LI
LMCG Investments
Boston,
Massachusetts
|
-$20.7M |
MAA Hedge Fund Activity: Q3 2014 in Review
287 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Mid-America Apartment Communities (MAA) for Q3 2014, worth a combined $4.75B — down 11% from $5.34B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of MAA and 21 opened new positions — a net loss of 12 holders — while 100 trimmed existing stakes and 121 added.
The largest buyer was Morgan Stanley, adding an estimated $41.8M. The largest seller was Virtus Fund Advisers, cutting an estimated $62M.
- 287 institutional investors held Mid-America Apartment Communities (MAA) as of Q3 2014, down from 301 in Q2 2014.
- Funds reported $4.75B of Mid-America Apartment Communities stock for Q3 2014, down 11% quarter-over-quarter.
- 21 funds opened new Mid-America Apartment Communities positions in Q3 2014 and 33 closed out, a net change of -12 holders.
- The largest Mid-America Apartment Communities buyer in Q3 2014 was Morgan Stanley, an estimated $41.8M added.
- The largest Mid-America Apartment Communities seller in Q3 2014 was Virtus Fund Advisers, an estimated $62M sold.
Based on aggregated 13F filings for Q3 2014.