Macerich
305 hedge funds and large institutions have $9.07B invested in Macerich in 2014 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 103 increasing their positions, 126 reducing their positions, and 9 closing their positions.
1,351% more call options, than puts
Call options by funds: $41.6M | Put options by funds: $2.87M
178% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 9
5% more funds holding
Funds holding: 291 → 305 (+14)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
7.56% less ownership
Funds ownership: 108.45% → 100.89% (-7.6%)
11% less capital invested
Capital invested by funds: $10.2B → $9.07B (-$1.11B)
18% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 126
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$115M |
| 2 |
Cohen & Steers
New York
|
+$40.3M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
+$35M |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
+$30.7M |
| 5 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$29.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$382M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$143M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$133M |
| 4 |
ECM
EII Capital Management
New York
|
-$99.8M |
| 5 |
Bank of New York Mellon
New York
|
-$79.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HR
301
Howe & Rusling
Rochester,
New York
| $3K | -$132 | -2 | -4% |
|
|
CAW
302
Cornerstone Advisors (Washington)
Bellevue,
Washington
| $3K | – | – | – |
|
|
PTC
303
Private Trust Company
Cleveland,
Ohio
| $2K | -$263 | -4 | -12% |
|
|
EFSCE
304
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $1K | – | – | – |
|
305
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$4.7M | -70,400 | Closed |
|
|
GEM
306
Global Endowment Management
Charlotte,
North Carolina
| – | -$3.83M | -57,370 | Closed |
|
|
CPS
307
Counsel Portfolio Services
Mississauga,
Ontario, Canada
| – | -$2.67M | -40,043 | Closed |
|
|
SCM
308
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$2.43M | -36,457 | Closed |
|
|
VKH
309
Virtu KCG Holdings
New York
| – | -$623K | -9,331 | Closed |
|
310
Los Angeles Capital Management
Los Angeles,
California
| – | -$356K | -5,340 | Closed |
|
311
KeyBank National Association
Cleveland,
Ohio
| – | -$322K | -4,831 | Closed |
|
|
PAS
312
Partnervest Advisory Services
Santa Barbara,
California
| – | -$5K | -79 | Closed |
|
MAC Hedge Fund Activity: Q3 2014 in Review
305 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q3 2014, worth a combined $9.07B — down 11% from $10.2B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new MAC positions and 9 closed out — a net gain of 16 holders — while 103 added to existing stakes and 126 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $115M. The largest seller was Norges Bank, cutting an estimated $382M.
- 305 institutional investors held Macerich (MAC) as of Q3 2014, up from 291 in Q2 2014.
- Funds reported $9.07B of Macerich stock for Q3 2014, down 11% quarter-over-quarter.
- 25 funds opened new Macerich positions in Q3 2014 and 9 closed out, a net change of +16 holders.
- The largest Macerich buyer in Q3 2014 was JP Morgan Chase, an estimated $115M added.
- The largest Macerich seller in Q3 2014 was Norges Bank, an estimated $382M sold.
Based on aggregated 13F filings for Q3 2014.