Macerich
317 hedge funds and large institutions have $5.13B invested in Macerich in 2019 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 145 increasing their positions, 101 reducing their positions, and 48 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 101
7.37% more ownership
Funds ownership: 101.25% → 108.62% (+7.4%)
5% less funds holding
Funds holding: 335 → 317 (-18)
17% less capital invested
Capital invested by funds: $6.19B → $5.13B (-$1.06B)
29% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 48
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
49% less call options, than puts
Call options by funds: $32.3M | Put options by funds: $63.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$266M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$57.8M |
| 3 |
Two Sigma Investments
New York
|
+$28.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$28M |
| 5 |
State Street
Boston,
Massachusetts
|
+$23.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$86.5M |
| 2 |
JP Morgan Chase
New York
|
-$32.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$29.1M |
| 4 |
Neuberger Berman Group
New York
|
-$15M |
| 5 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$13.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
Group One Trading
Chicago,
Illinois
| – | -$20.3K | -516 | Closed |
|
|
HNB
352
Huntington National Bank
Columbus,
Ohio
| – | -$19K | -429 | Closed |
|
|
GAM
353
Gemmer Asset Management
Walnut Creek,
California
| – | -$13K | -296 | Closed |
|
|
WAM
354
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$10K | -224 | Closed |
|
|
CAM
355
Cresset Asset Management
Chicago,
Illinois
| – | -$7K | -165 | Closed |
|
356
Walleye Trading
New York
| – | -$5.81K | -148 | Closed |
|
|
LFA
357
Legacy Financial Advisors
Covington,
Kentucky
| – | -$6K | -127 | Closed |
|
|
RCM
358
Requisite Capital Management
Dallas,
Texas
| – | -$3K | -59 | Closed |
|
|
ED
359
Exane Derivatives
Paris,
France
| – | -$1.86K | -43 | Closed |
|
|
AIA
360
Alera Investment Advisors
Deerfield,
Illinois
| – | -$2K | -41 | Closed |
|
|
PCP
361
Proficio Capital Partners
Newton,
Massachusetts
| – | -$1K | -30 | Closed |
|
|
TC
362
Truvestments Capital
Sarasota,
Florida
| – | -$1K | -23 | Closed |
|
|
AC
363
Avestar Capital
New York
| – | -$550 | -14 | -50% |
|
MAC Hedge Fund Activity: Q2 2019 in Review
317 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q2 2019, worth a combined $5.13B — down 17% from $6.19B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of MAC and 34 opened new positions — a net loss of 14 holders — while 101 trimmed existing stakes and 145 added.
The largest buyer was Cohen & Steers, adding an estimated $266M. The largest seller was Fidelity Investments, cutting an estimated $86.5M.
- 317 institutional investors held Macerich (MAC) as of Q2 2019, down from 335 in Q1 2019.
- Funds reported $5.13B of Macerich stock for Q2 2019, down 17% quarter-over-quarter.
- 34 funds opened new Macerich positions in Q2 2019 and 48 closed out, a net change of -14 holders.
- The largest Macerich buyer in Q2 2019 was Cohen & Steers, an estimated $266M added.
- The largest Macerich seller in Q2 2019 was Fidelity Investments, an estimated $86.5M sold.
Based on aggregated 13F filings for Q2 2019.