Macerich
303 hedge funds and large institutions have $9.08B invested in Macerich in 2014 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 114 increasing their positions, 125 reducing their positions, and 18 closing their positions.
524% more call options, than puts
Call options by funds: $12.5M | Put options by funds: $2M
39% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 18
1% more funds holding
Funds holding: 299 → 303 (+4)
3% more capital invested
Capital invested by funds: $8.85B → $9.08B (+$229M)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
9% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 125
3.26% less ownership
Funds ownership: 107.02% → 103.76% (-3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Daiwa Securities Group
Tokyo,
Japan
|
+$76M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$41.5M |
| 3 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$35M |
| 4 |
Cohen & Steers
New York
|
+$33.4M |
| 5 |
AAMU
APG Asset Management US
New York
|
+$32.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$177M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$78.6M |
| 3 |
ECM
EII Capital Management
New York
|
-$22.2M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$19.4M |
| 5 |
Goldman Sachs
New York
|
-$17.9M |
MAC Hedge Fund Activity: Q1 2014 in Review
303 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q1 2014, worth a combined $9.08B — up 2.6% from $8.85B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new MAC positions and 18 closed out — a net gain of 7 holders — while 114 added to existing stakes and 125 trimmed.
The largest buyer was Daiwa Securities Group, adding an estimated $76M. The largest seller was Invesco, cutting an estimated $177M.
- 303 institutional investors held Macerich (MAC) as of Q1 2014, up from 299 in Q4 2013.
- Funds reported $9.08B of Macerich stock for Q1 2014, up 2.6% quarter-over-quarter.
- 25 funds opened new Macerich positions in Q1 2014 and 18 closed out, a net change of +7 holders.
- The largest Macerich buyer in Q1 2014 was Daiwa Securities Group, an estimated $76M added.
- The largest Macerich seller in Q1 2014 was Invesco, an estimated $177M sold.
Based on aggregated 13F filings for Q1 2014.