Macerich
360 hedge funds and large institutions have $7.64B invested in Macerich in 2018 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 109 increasing their positions, 149 reducing their positions, and 40 closing their positions.
366% more call options, than puts
Call options by funds: $74M | Put options by funds: $15.9M
0.88% more ownership
Funds ownership: 96.99% → 97.87% (+0.88%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
2% less capital invested
Capital invested by funds: $7.77B → $7.64B (-$139M)
3% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 40
2% less funds holding
Funds holding: 366 → 360 (-6)
27% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 149
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$81.5M |
| 2 |
Morgan Stanley
New York
|
+$79.7M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$77.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$35.4M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$30.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
-$65.4M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$60.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$47.1M |
| 4 |
GCM
Gruss Capital Management
New York
|
-$32.7M |
| 5 |
LBIM
Land & Buildings Investment Management
Stamford,
Connecticut
|
-$24.2M |
MAC Hedge Fund Activity: Q3 2018 in Review
360 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q3 2018, worth a combined $7.64B — down 1.8% from $7.77B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of MAC and 39 opened new positions — a net loss of 1 holder — while 149 trimmed existing stakes and 109 added.
The largest buyer was Centersquare Investment Management, adding an estimated $81.5M. The largest seller was Starboard Value, exiting entirely with an estimated $65.4M sold.
- 360 institutional investors held Macerich (MAC) as of Q3 2018, down from 366 in Q2 2018.
- Funds reported $7.64B of Macerich stock for Q3 2018, down 1.8% quarter-over-quarter.
- 39 funds opened new Macerich positions in Q3 2018 and 40 closed out, a net change of -1 holder.
- The largest Macerich buyer in Q3 2018 was Centersquare Investment Management, an estimated $81.5M added.
- The largest Macerich seller in Q3 2018 was Starboard Value, an estimated $65.4M sold.
Based on aggregated 13F filings for Q3 2018.