Macerich
296 hedge funds and large institutions have $8.12B invested in Macerich in 2013 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 117 increasing their positions, 119 reducing their positions, and 20 closing their positions.
55% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 20
3% more funds holding
Funds holding: 287 → 296 (+9)
8% more call options, than puts
Call options by funds: $1.81M | Put options by funds: $1.68M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 119
4.78% less ownership
Funds ownership: 107.25% → 102.47% (-4.8%)
10% less capital invested
Capital invested by funds: $8.99B → $8.12B (-$869M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$143M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$23.2M |
| 3 |
Barclays
London,
United Kingdom
|
+$15M |
| 4 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$13.8M |
| 5 |
Bank of New York Mellon
New York
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$157M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$78.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$61.8M |
| 4 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
-$44M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$21.1M |
MAC Hedge Fund Activity: Q3 2013 in Review
296 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q3 2013, worth a combined $8.12B — down 9.7% from $8.99B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new MAC positions and 20 closed out — a net gain of 11 holders — while 117 added to existing stakes and 119 trimmed.
The largest buyer was Norges Bank, adding an estimated $143M. The largest seller was Capital World Investors, cutting an estimated $157M.
- 296 institutional investors held Macerich (MAC) as of Q3 2013, up from 287 in Q2 2013.
- Funds reported $8.12B of Macerich stock for Q3 2013, down 9.7% quarter-over-quarter.
- 31 funds opened new Macerich positions in Q3 2013 and 20 closed out, a net change of +11 holders.
- The largest Macerich buyer in Q3 2013 was Norges Bank, an estimated $143M added.
- The largest Macerich seller in Q3 2013 was Capital World Investors, an estimated $157M sold.
Based on aggregated 13F filings for Q3 2013.