Macerich
319 hedge funds and large institutions have $4.08B invested in Macerich in 2019 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 115 increasing their positions, 118 reducing their positions, and 54 closing their positions.
13% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 54
0% less funds holding
Funds holding: 320 → 319 (-1)
3% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 118
4.65% less ownership
Funds ownership: 112.2% → 107.55% (-4.6%)
18% less capital invested
Capital invested by funds: $5B → $4.08B (-$921M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
63% less call options, than puts
Call options by funds: $22.6M | Put options by funds: $61.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$65.1M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$33.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$25.6M |
| 4 |
Millennium Management
New York
|
+$23.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$114M |
| 2 |
State Street
Boston,
Massachusetts
|
-$84M |
| 3 |
Cohen & Steers
New York
|
-$57.7M |
| 4 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$47.9M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$46.7M |
MAC Hedge Fund Activity: Q4 2019 in Review
319 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q4 2019, worth a combined $4.08B — down 18% from $5B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new MAC positions and 54 closed out — a net gain of 7 holders — while 115 added to existing stakes and 118 trimmed.
The largest buyer was BlackRock, adding an estimated $65.1M. The largest seller was Invesco, cutting an estimated $114M.
- 319 institutional investors held Macerich (MAC) as of Q4 2019, down from 320 in Q3 2019.
- Funds reported $4.08B of Macerich stock for Q4 2019, down 18% quarter-over-quarter.
- 61 funds opened new Macerich positions in Q4 2019 and 54 closed out, a net change of +7 holders.
- The largest Macerich buyer in Q4 2019 was BlackRock, an estimated $65.1M added.
- The largest Macerich seller in Q4 2019 was Invesco, an estimated $114M sold.
Based on aggregated 13F filings for Q4 2019.