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Mid-America Apartment Communities

418 hedge funds and large institutions have $11.2B invested in Mid-America Apartment Communities in 2017 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 168 increasing their positions, 151 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more call options, than puts

Call options by funds: $22.4M | Put options by funds: $17.4M

11% more repeat investments, than reductions

Existing positions increased: 168 | Existing positions reduced: 151

1% more capital invested

Capital invested by funds: $11.1B → $11.2B (+$143M)

0.1% less ownership

Funds ownership: 92.48%92.37% (-0.1%)

3% less funds holding

Funds holding: 429418 (-11)

13% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 38

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
418
Holders Change
-11
Holders Change %
-2.56%
% of All Funds
10.42%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
33
Increased
168
Reduced
151
Closed
38
Calls
$22.4M
Puts
$17.4M
Net Calls
+$5.03M
Net Calls Change
-$5.26M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.15B +$10.7M +101,951 +0.5%
BlackRock
2
BlackRock
New York
$1.13B +$12.8M +122,342 +1%
State Street
3
State Street
Massachusetts
$683M -$15.7M -149,422 -2%
Goldman Sachs
4
Goldman Sachs
New York
$350M -$3M -28,620 -0.9%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$329M -$8.94M -85,232 -3%
AllianceBernstein
6
AllianceBernstein
Tennessee
$327M +$68.4M +651,956 +27%
AAMU
7
APG Asset Management US
New York
$315M -$72.4M -690,414 -19%
JP Morgan Chase
8
JP Morgan Chase
New York
$303M +$41.1M +391,336 +16%
Renaissance Technologies
9
Renaissance Technologies
New York
$229M +$27.5M +261,900 +14%
Cohen & Steers
10
Cohen & Steers
New York
$217M +$141M +1,343,626 +197%
Massachusetts Financial Services
11
Massachusetts Financial Services
Massachusetts
$213M +$28M +266,655 +15%
O
12
OppenheimerFunds
New York
$199M -$32M -304,895 -14%
Northern Trust
13
Northern Trust
Illinois
$193M +$3.61M +34,422 +2%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$175M +$2.95M +28,084 +2%
Invesco
15
Invesco
Georgia
$166M -$110M -1,044,794 -40%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$160M +$8.2M +78,189 +6%
Deutsche Bank
17
Deutsche Bank
Germany
$155M +$136M +1,293,422 +808%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$145M +$3.98M +37,899 +3%
Wells Fargo
19
Wells Fargo
California
$144M +$14.3M +136,632 +11%
Morgan Stanley
20
Morgan Stanley
New York
$131M -$281K -2,677 -0.2%
Charles Schwab
21
Charles Schwab
California
$117M -$7.67M -73,098 -6%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$116M +$4.94M +47,102 +5%
Ameriprise
23
Ameriprise
Minnesota
$115M +$12.9M +123,350 +13%
Norges Bank
24
Norges Bank
Norway
$111M +$146K +1,389 +0.1%
Prudential Financial
25
Prudential Financial
New Jersey
$91M +$6.43M +61,244 +8%

MAA Hedge Fund Activity: Q3 2017 in Review

418 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Mid-America Apartment Communities (MAA) for Q3 2017, worth a combined $11.2B — up 1.3% from $11.1B a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of MAA and 33 opened new positions — a net loss of 5 holders — while 151 trimmed existing stakes and 168 added.

The largest buyer was Cohen & Steers, adding an estimated $141M. The largest seller was CBRE Investment Management Listed Real Assets, exiting entirely with an estimated $204M sold.

  • 418 institutional investors held Mid-America Apartment Communities (MAA) as of Q3 2017, down from 429 in Q2 2017.
  • Funds reported $11.2B of Mid-America Apartment Communities stock for Q3 2017, up 1.3% quarter-over-quarter.
  • 33 funds opened new Mid-America Apartment Communities positions in Q3 2017 and 38 closed out, a net change of -5 holders.
  • The largest Mid-America Apartment Communities buyer in Q3 2017 was Cohen & Steers, an estimated $141M added.
  • The largest Mid-America Apartment Communities seller in Q3 2017 was CBRE Investment Management Listed Real Assets, an estimated $204M sold.

Based on aggregated 13F filings for Q3 2017.