Macerich
340 hedge funds and large institutions have $12B invested in Macerich in 2015 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 128 increasing their positions, 123 reducing their positions, and 55 closing their positions.
995% more call options, than puts
Call options by funds: $99.5M | Put options by funds: $9.09M
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
1.75% more ownership
Funds ownership: 100.22% → 101.98% (+1.8%)
4% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 123
2% less funds holding
Funds holding: 348 → 340 (-8)
10% less capital invested
Capital invested by funds: $13.4B → $12B (-$1.32B)
13% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$496M |
| 2 |
Morgan Stanley
New York
|
+$224M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$177M |
| 4 |
State Street
Boston,
Massachusetts
|
+$171M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$171M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$140M |
| 2 |
Cohen & Steers
New York
|
-$128M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$98.4M |
| 4 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
-$83.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$79.9M |
MAC Hedge Fund Activity: Q2 2015 in Review
340 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q2 2015, worth a combined $12B — down 9.9% from $13.4B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of MAC and 48 opened new positions — a net loss of 7 holders — while 123 trimmed existing stakes and 128 added.
The largest buyer was Ontario Teachers' Pension Plan Board, adding an estimated $496M. The largest seller was CBRE Investment Management Listed Real Assets, cutting an estimated $140M.
- 340 institutional investors held Macerich (MAC) as of Q2 2015, down from 348 in Q1 2015.
- Funds reported $12B of Macerich stock for Q2 2015, down 9.9% quarter-over-quarter.
- 48 funds opened new Macerich positions in Q2 2015 and 55 closed out, a net change of -7 holders.
- The largest Macerich buyer in Q2 2015 was Ontario Teachers' Pension Plan Board, an estimated $496M added.
- The largest Macerich seller in Q2 2015 was CBRE Investment Management Listed Real Assets, an estimated $140M sold.
Based on aggregated 13F filings for Q2 2015.