Macerich
300 hedge funds and large institutions have $8.86B invested in Macerich in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 104 increasing their positions, 130 reducing their positions, and 24 closing their positions.
132% more call options, than puts
Call options by funds: $4.69M | Put options by funds: $2.02M
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
58% more capital inflows, than outflows
Capital inflows: $995M | Capital outflows: $632M
21% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 24
4.41% more ownership
Funds ownership: 102.6% → 107.02% (+4.4%)
1% more funds holding
Funds holding: 296 → 300 (+4)
20% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 130
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$140M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$69.3M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$58.6M |
| 4 |
Heitman Real Estate Securities
Chicago,
Illinois
|
+$49.5M |
| 5 |
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$38.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$191M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$115M |
| 3 |
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$26.8M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$26.4M |
| 5 |
Security Capital Research & Management
Chicago,
Illinois
|
-$23.8M |
MAC Hedge Fund Activity: Q4 2013 in Review
300 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q4 2013, worth a combined $8.86B — up 8.9% from $8.14B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new MAC positions and 24 closed out — a net gain of 5 holders — while 104 added to existing stakes and 130 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $140M. The largest seller was Capital World Investors, cutting an estimated $191M.
- 300 institutional investors held Macerich (MAC) as of Q4 2013, up from 296 in Q3 2013.
- Funds reported $8.86B of Macerich stock for Q4 2013, up 8.9% quarter-over-quarter.
- 29 funds opened new Macerich positions in Q4 2013 and 24 closed out, a net change of +5 holders.
- The largest Macerich buyer in Q4 2013 was Cohen & Steers, an estimated $140M added.
- The largest Macerich seller in Q4 2013 was Capital World Investors, an estimated $191M sold.
Based on aggregated 13F filings for Q4 2013.