Macerich
352 hedge funds and large institutions have $11.4B invested in Macerich in 2016 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 108 increasing their positions, 150 reducing their positions, and 22 closing their positions.
1,499% more call options, than puts
Call options by funds: $47.8M | Put options by funds: $2.99M
109% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 22
7% more funds holding
Funds holding: 330 → 352 (+22)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
2.46% less ownership
Funds ownership: 98.95% → 96.49% (-2.5%)
10% less capital invested
Capital invested by funds: $12.6B → $11.4B (-$1.24B)
28% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 150
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$83.2M |
| 2 |
Bank of New York Mellon
New York
|
+$82.2M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$62.9M |
| 4 |
Morgan Stanley
New York
|
+$59.4M |
| 5 |
Renaissance Technologies
New York
|
+$51.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$706M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$287M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$227M |
| 4 |
SAMC
Shinko Asset Management Company
Tokyo,
Japan
|
-$43.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$43.5M |
MAC Hedge Fund Activity: Q1 2016 in Review
352 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q1 2016, worth a combined $11.4B — down 9.8% from $12.6B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new MAC positions and 22 closed out — a net gain of 24 holders — while 108 added to existing stakes and 150 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $83.2M. The largest seller was Cohen & Steers, cutting an estimated $706M.
- 352 institutional investors held Macerich (MAC) as of Q1 2016, up from 330 in Q4 2015.
- Funds reported $11.4B of Macerich stock for Q1 2016, down 9.8% quarter-over-quarter.
- 46 funds opened new Macerich positions in Q1 2016 and 22 closed out, a net change of +24 holders.
- The largest Macerich buyer in Q1 2016 was Goldman Sachs, an estimated $83.2M added.
- The largest Macerich seller in Q1 2016 was Cohen & Steers, an estimated $706M sold.
Based on aggregated 13F filings for Q1 2016.