Macerich
358 hedge funds and large institutions have $9.06B invested in Macerich in 2017 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 113 increasing their positions, 131 reducing their positions, and 33 closing their positions.
1,080% more call options, than puts
Call options by funds: $995M | Put options by funds: $84.3M
109% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 33
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
21% more capital invested
Capital invested by funds: $7.47B → $9.06B (+$1.59B)
10% more funds holding
Funds holding: 325 → 358 (+33)
1.92% more ownership
Funds ownership: 98.26% → 100.18% (+1.9%)
14% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$184M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$98.5M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$80M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$57.8M |
| 5 |
Goldman Sachs
New York
|
+$57.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$109M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$96M |
| 3 |
Bank of New York Mellon
New York
|
-$89.6M |
| 4 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
-$80.1M |
| 5 |
JP Morgan Chase
New York
|
-$79.5M |
MAC Hedge Fund Activity: Q4 2017 in Review
358 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q4 2017, worth a combined $9.06B — up 21% from $7.47B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new MAC positions and 33 closed out — a net gain of 36 holders — while 113 added to existing stakes and 131 trimmed.
The largest buyer was CBRE Investment Management Listed Real Assets, adding an estimated $184M. The largest seller was Long Pond Capital, exiting entirely with an estimated $109M sold.
- 358 institutional investors held Macerich (MAC) as of Q4 2017, up from 325 in Q3 2017.
- Funds reported $9.06B of Macerich stock for Q4 2017, up 21% quarter-over-quarter.
- 69 funds opened new Macerich positions in Q4 2017 and 33 closed out, a net change of +36 holders.
- The largest Macerich buyer in Q4 2017 was CBRE Investment Management Listed Real Assets, an estimated $184M added.
- The largest Macerich seller in Q4 2017 was Long Pond Capital, an estimated $109M sold.
Based on aggregated 13F filings for Q4 2017.