Macerich
352 hedge funds and large institutions have $10.8B invested in Macerich in 2016 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 120 increasing their positions, 146 reducing their positions, and 31 closing their positions.
384% more call options, than puts
Call options by funds: $31.4M | Put options by funds: $6.49M
1.05% more ownership
Funds ownership: 92.56% → 93.61% (+1%)
0% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 31
1% less funds holding
Funds holding: 354 → 352 (-2)
8% less capital invested
Capital invested by funds: $11.7B → $10.8B (-$904M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
18% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 146
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$62.6M |
| 2 |
Los Angeles Capital Management
Los Angeles,
California
|
+$53M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$37.2M |
| 4 |
D.E. Shaw & Co
New York
|
+$31.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$101M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$92.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$82.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$45.9M |
| 5 |
JP Morgan Chase
New York
|
-$37.5M |
MAC Hedge Fund Activity: Q3 2016 in Review
352 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q3 2016, worth a combined $10.8B — down 7.7% from $11.7B a quarter earlier.
Fund positioning in MAC was balanced in Q3 2016: 31 funds opened new positions, 31 closed out, 120 added to existing stakes and 146 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $62.6M. The largest seller was CBRE Investment Management Listed Real Assets, cutting an estimated $101M.
- 352 institutional investors held Macerich (MAC) as of Q3 2016, down from 354 in Q2 2016.
- Funds reported $10.8B of Macerich stock for Q3 2016, down 7.7% quarter-over-quarter.
- 31 funds opened new Macerich positions in Q3 2016 and 31 closed out, a net change of 0 holders.
- The largest Macerich buyer in Q3 2016 was Fidelity Investments, an estimated $62.6M added.
- The largest Macerich seller in Q3 2016 was CBRE Investment Management Listed Real Assets, an estimated $101M sold.
Based on aggregated 13F filings for Q3 2016.