Mid-America Apartment Communities
667 hedge funds and large institutions have $14.7B invested in Mid-America Apartment Communities in 2023 Q4 according to their latest regulatory filings, with 101 funds opening new positions, 228 increasing their positions, 248 reducing their positions, and 60 closing their positions.
68% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 60
6% more funds holding
Funds holding: 632 → 667 (+35)
2% more capital invested
Capital invested by funds: $14.4B → $14.7B (+$241M)
8% less repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 248
2.15% less ownership
Funds ownership: 95.72% → 93.57% (-2.2%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
52% less call options, than puts
Call options by funds: $35.7M | Put options by funds: $73.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$151M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$121M |
| 3 |
LPC
Long Pond Capital
New York
|
+$109M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$108M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$76.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$731M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$128M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$88M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$58.8M |
| 5 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$42.6M |
MAA Hedge Fund Activity: Q4 2023 in Review
667 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Mid-America Apartment Communities (MAA) for Q4 2023, worth a combined $14.7B — up 1.7% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new MAA positions and 60 closed out — a net gain of 41 holders — while 228 added to existing stakes and 248 trimmed.
The largest buyer was Norges Bank, adding an estimated $151M. The largest seller was Cohen & Steers, cutting an estimated $731M.
- 667 institutional investors held Mid-America Apartment Communities (MAA) as of Q4 2023, up from 632 in Q3 2023.
- Funds reported $14.7B of Mid-America Apartment Communities stock for Q4 2023, up 1.7% quarter-over-quarter.
- 101 funds opened new Mid-America Apartment Communities positions in Q4 2023 and 60 closed out, a net change of +41 holders.
- The largest Mid-America Apartment Communities buyer in Q4 2023 was Norges Bank, an estimated $151M added.
- The largest Mid-America Apartment Communities seller in Q4 2023 was Cohen & Steers, an estimated $731M sold.
Based on aggregated 13F filings for Q4 2023.