Mid-America Apartment Communities
388 hedge funds and large institutions have $6.96B invested in Mid-America Apartment Communities in 2016 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 152 increasing their positions, 129 reducing their positions, and 46 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 129
13% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 46
1% more funds holding
Funds holding: 383 → 388 (+5)
4% more call options, than puts
Call options by funds: $13.7M | Put options by funds: $13.2M
11% less capital invested
Capital invested by funds: $7.82B → $6.96B (-$863M)
16.2% less ownership
Funds ownership: 114.84% → 98.64% (-16%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$148M |
| 2 |
JP Morgan Chase
New York
|
+$93.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$43.7M |
| 4 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$39.3M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
-$1.33B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$234M |
| 3 |
Cohen & Steers
New York
|
-$74.1M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$65.7M |
| 5 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
-$50.1M |
MAA Hedge Fund Activity: Q3 2016 in Review
388 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Mid-America Apartment Communities (MAA) for Q3 2016, worth a combined $6.96B — down 11% from $7.82B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new MAA positions and 46 closed out — a net gain of 6 holders — while 152 added to existing stakes and 129 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $148M. The largest seller was Riverhead Capital Management, cutting an estimated $1.33B.
- 388 institutional investors held Mid-America Apartment Communities (MAA) as of Q3 2016, up from 383 in Q2 2016.
- Funds reported $6.96B of Mid-America Apartment Communities stock for Q3 2016, down 11% quarter-over-quarter.
- 52 funds opened new Mid-America Apartment Communities positions in Q3 2016 and 46 closed out, a net change of +6 holders.
- The largest Mid-America Apartment Communities buyer in Q3 2016 was OppenheimerFunds, an estimated $148M added.
- The largest Mid-America Apartment Communities seller in Q3 2016 was Riverhead Capital Management, an estimated $1.33B sold.
Based on aggregated 13F filings for Q3 2016.