Macerich
354 hedge funds and large institutions have $11.7B invested in Macerich in 2016 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 113 increasing their positions, 153 reducing their positions, and 31 closing their positions.
825% more call options, than puts
Call options by funds: $59M | Put options by funds: $6.38M
23% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 31
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
4% more capital invested
Capital invested by funds: $11.3B → $11.7B (+$484M)
1% more funds holding
Funds holding: 351 → 354 (+3)
5.95% less ownership
Funds ownership: 98.51% → 92.56% (-6%)
26% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 153
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$68.6M |
| 2 |
Bank of New York Mellon
New York
|
+$55.6M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$53.1M |
| 4 |
BNP Paribas Asset Management
Paris,
France
|
+$26.3M |
| 5 |
Blackstone Inc
New York
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$235M |
| 2 |
Goldman Sachs
New York
|
-$131M |
| 3 |
Cohen & Steers
New York
|
-$82.9M |
| 4 |
Morgan Stanley
New York
|
-$74M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$52.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
376
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$305K | -3,855 | Closed |
|
|
JFG
377
Jefferies Financial Group
New York
| – | -$246K | -3,100 | Closed |
|
|
TSS
378
Two Sigma Securities
New York
| – | -$209K | -2,640 | Closed |
|
|
LNWWM
379
Laird Norton Wetherby Wealth Management
San Francisco,
California
| – | -$208K | -2,627 | Closed |
|
|
FCBT
380
First Citizens Bank & Trust
Raleigh,
North Carolina
| – | -$208K | -2,624 | Closed |
|
|
PHK
381
Point72 Hong Kong
Hong Kong
| – | -$182K | -2,300 | Closed |
|
|
PAM
382
PartnerRe Asset Management
Greenwich,
Connecticut
| – | -$67K | -845 | Closed |
|
383
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$48K | -600 | Closed |
|
|
PCP
384
Proficio Capital Partners
Newton,
Massachusetts
| – | -$2K | -26 | Closed |
|
|
RWA
385
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$1K | -16 | Closed |
|
MAC Hedge Fund Activity: Q2 2016 in Review
354 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q2 2016, worth a combined $11.7B — up 4.3% from $11.3B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new MAC positions and 31 closed out — a net gain of 7 holders — while 113 added to existing stakes and 153 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $68.6M. The largest seller was Royal London Asset Management, cutting an estimated $235M.
- 354 institutional investors held Macerich (MAC) as of Q2 2016, up from 351 in Q1 2016.
- Funds reported $11.7B of Macerich stock for Q2 2016, up 4.3% quarter-over-quarter.
- 38 funds opened new Macerich positions in Q2 2016 and 31 closed out, a net change of +7 holders.
- The largest Macerich buyer in Q2 2016 was BlackRock Fund Advisors, an estimated $68.6M added.
- The largest Macerich seller in Q2 2016 was Royal London Asset Management, an estimated $235M sold.
Based on aggregated 13F filings for Q2 2016.