Macerich
327 hedge funds and large institutions have $13.6B invested in Macerich in 2014 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 120 increasing their positions, 120 reducing their positions, and 24 closing their positions.
455% more call options, than puts
Call options by funds: $80.8M | Put options by funds: $14.5M
125% more funds holding in top 10
Funds holding in top 10: 4 → 9 (+5)
108% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 24
50% more capital invested
Capital invested by funds: $9.08B → $13.6B (+$4.51B)
7% more funds holding
Funds holding: 306 → 327 (+21)
2.22% more ownership
Funds ownership: 100.89% → 103.11% (+2.2%)
0% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$1.26B |
| 2 |
Cohen & Steers
New York
|
+$198M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$118M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$117M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$40.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$186M |
| 2 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$77.5M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$63.2M |
| 4 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
-$56.4M |
| 5 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
-$55.5M |
MAC Hedge Fund Activity: Q4 2014 in Review
327 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q4 2014, worth a combined $13.6B — up 50% from $9.08B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new MAC positions and 24 closed out — a net gain of 26 holders — while 120 added to existing stakes and 120 trimmed.
The largest buyer was Ontario Teachers' Pension Plan Board, adding an estimated $1.26B. The largest seller was Fidelity Investments, cutting an estimated $186M.
- 327 institutional investors held Macerich (MAC) as of Q4 2014, up from 306 in Q3 2014.
- Funds reported $13.6B of Macerich stock for Q4 2014, up 50% quarter-over-quarter.
- 50 funds opened new Macerich positions in Q4 2014 and 24 closed out, a net change of +26 holders.
- The largest Macerich buyer in Q4 2014 was Ontario Teachers' Pension Plan Board, an estimated $1.26B added.
- The largest Macerich seller in Q4 2014 was Fidelity Investments, an estimated $186M sold.
Based on aggregated 13F filings for Q4 2014.