Macerich
274 hedge funds and large institutions have $1.2B invested in Macerich in 2020 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 132 increasing their positions, 78 reducing their positions, and 48 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 78
67% more capital invested
Capital invested by funds: $721M → $1.2B (+$480M)
21% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 48
5.71% more ownership
Funds ownership: 90.65% → 96.36% (+5.7%)
3% more funds holding
Funds holding: 265 → 274 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
29% less call options, than puts
Call options by funds: $25.5M | Put options by funds: $35.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$46.1M |
| 2 |
LPC
Long Pond Capital
New York
|
+$13.4M |
| 3 |
QI
QS Investors
New York
|
+$10.6M |
| 4 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$9.89M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$9.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$46M |
| 2 |
Morgan Stanley
New York
|
-$24.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$8.49M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$7.18M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$4.05M |
MAC Hedge Fund Activity: Q2 2020 in Review
274 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q2 2020, worth a combined $1.2B — up 67% from $721M a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new MAC positions and 48 closed out — a net gain of 10 holders — while 132 added to existing stakes and 78 trimmed.
The largest buyer was BlackRock, adding an estimated $46.1M. The largest seller was Cohen & Steers, exiting entirely with an estimated $46M sold.
- 274 institutional investors held Macerich (MAC) as of Q2 2020, up from 265 in Q1 2020.
- Funds reported $1.2B of Macerich stock for Q2 2020, up 67% quarter-over-quarter.
- 58 funds opened new Macerich positions in Q2 2020 and 48 closed out, a net change of +10 holders.
- The largest Macerich buyer in Q2 2020 was BlackRock, an estimated $46.1M added.
- The largest Macerich seller in Q2 2020 was Cohen & Steers, an estimated $46M sold.
Based on aggregated 13F filings for Q2 2020.