Macerich
294 hedge funds and large institutions have $1.6B invested in Macerich in 2021 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 97 increasing their positions, 75 reducing their positions, and 47 closing their positions.
47% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 47
29% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 75
14% more capital invested
Capital invested by funds: $1.41B → $1.6B (+$197M)
7% more funds holding
Funds holding: 274 → 294 (+20)
0.74% more ownership
Funds ownership: 88.21% → 88.96% (+0.74%)
38% less call options, than puts
Call options by funds: $46.8M | Put options by funds: $75.1M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$48.6M |
| 2 |
Millennium Management
New York
|
+$35.8M |
| 3 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
+$33.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.8M |
| 5 |
SCM
Smead Capital Management
Phoenix,
Arizona
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$262M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$33.4M |
| 3 |
Morgan Stanley
New York
|
-$10.2M |
| 4 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$8.54M |
| 5 |
SC
Sasco Capital
Fairfield,
Connecticut
|
-$7.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JWA
326
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$3K | -305 | Closed |
|
|
DOA
327
D'Orazio & Associates
Falls Church,
Virginia
| – | -$3K | -300 | Closed |
|
328
Parallax Volatility Advisers
San Francisco,
California
| – | -$3K | -249 | Closed |
|
|
FTDI
329
First Trust Direct Indexing
Boston,
Massachusetts
| – | -$2K | -152 | Closed |
|
|
VCG
330
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$1K | -113 | Closed |
|
|
TAM
331
Tucker Asset Management
Littleton,
Colorado
| – | -$303 | -28 | Closed |
|
332
Simplex Trading
Chicago,
Illinois
| – | +$2.32M | +173,581 | New |
|
MAC Hedge Fund Activity: Q1 2021 in Review
294 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q1 2021, worth a combined $1.6B — up 14% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new MAC positions and 47 closed out — a net gain of 22 holders — while 97 added to existing stakes and 75 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $48.6M. The largest seller was Ontario Teachers' Pension Plan Board, exiting entirely with an estimated $262M sold.
- 294 institutional investors held Macerich (MAC) as of Q1 2021, up from 274 in Q4 2020.
- Funds reported $1.6B of Macerich stock for Q1 2021, up 14% quarter-over-quarter.
- 69 funds opened new Macerich positions in Q1 2021 and 47 closed out, a net change of +22 holders.
- The largest Macerich buyer in Q1 2021 was JP Morgan Chase, an estimated $48.6M added.
- The largest Macerich seller in Q1 2021 was Ontario Teachers' Pension Plan Board, an estimated $262M sold.
Based on aggregated 13F filings for Q1 2021.