Macerich
272 hedge funds and large institutions have $864M invested in Macerich in 2020 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 81 increasing their positions, 101 reducing their positions, and 39 closing their positions.
3% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 39
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 274 → 272 (-2)
5% less call options, than puts
Call options by funds: $25.6M | Put options by funds: $26.9M
11.02% less ownership
Funds ownership: 96.36% → 85.34% (-11%)
20% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 101
28% less capital invested
Capital invested by funds: $1.2B → $864M (-$337M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Smead Capital Management
Phoenix,
Arizona
|
+$8.93M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.63M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$6.58M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$3.75M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$3.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$28M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
-$19.4M |
| 3 |
BlackRock
New York
|
-$13.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.3M |
| 5 |
Renaissance Technologies
New York
|
-$9.45M |
MAC Hedge Fund Activity: Q3 2020 in Review
272 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q3 2020, worth a combined $864M — down 28% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new MAC positions and 39 closed out — a net gain of 1 holder — while 81 added to existing stakes and 101 trimmed.
The largest buyer was Smead Capital Management, adding an estimated $8.93M. The largest seller was Vanguard Group, cutting an estimated $28M.
- 272 institutional investors held Macerich (MAC) as of Q3 2020, down from 274 in Q2 2020.
- Funds reported $864M of Macerich stock for Q3 2020, down 28% quarter-over-quarter.
- 40 funds opened new Macerich positions in Q3 2020 and 39 closed out, a net change of +1 holder.
- The largest Macerich buyer in Q3 2020 was Smead Capital Management, an estimated $8.93M added.
- The largest Macerich seller in Q3 2020 was Vanguard Group, an estimated $28M sold.
Based on aggregated 13F filings for Q3 2020.