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Macerich

366 hedge funds and large institutions have $7.77B invested in Macerich in 2018 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 121 increasing their positions, 130 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

362% more call options, than puts

Call options by funds: $118M | Put options by funds: $25.6M

69% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 36

7% more funds holding

Funds holding: 343366 (+23)

2% more capital invested

Capital invested by funds: $7.62B → $7.77B (+$156M)

0.46% more ownership

Funds ownership: 96.53%96.99% (+0.46%)

7% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 130

38% less funds holding in top 10

Funds holding in top 10: 138 (-5)

Holders
366
Holders Change
+23
Holders Change %
+6.71%
% of All Funds
8.38%
Holding in Top 10
8
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-38.46%
% of All Funds
0.18%
New
61
Increased
121
Reduced
130
Closed
36
Calls
$118M
Puts
$25.6M
Net Calls
+$92.6M
Net Calls Change
-$216M
Name Holding Trade Value Shares
Change
Change in
Stake
OTPPB
1
Ontario Teachers' Pension Plan Board
Ontario, Canada
$1.32B
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.11B -$98.5M -1,736,202 -8%
BlackRock
3
BlackRock
New York
$673M +$22.4M +395,528 +3%
State Street
4
State Street
Massachusetts
$377M -$7.88M -138,913 -2%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$254M +$176K +3,111 +0.1%
Morgan Stanley
6
Morgan Stanley
New York
$249M -$75.3M -1,326,799 -23%
Bank of America
7
Bank of America
North Carolina
$242M +$163M +2,874,194 +207%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$238M -$9.95M -175,428 -4%
CIMLRA
9
CBRE Investment Management Listed Real Assets
Pennsylvania
$221M +$5.31M +93,651 +2%
Invesco
10
Invesco
Georgia
$209M +$4.32M +76,138 +2%
Northern Trust
11
Northern Trust
Illinois
$118M -$5.63M -99,233 -5%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$115M +$550K +9,694 +0.5%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$92.5M +$8.63M +152,232 +10%
Prudential Financial
14
Prudential Financial
New Jersey
$91.7M +$18.3M +322,387 +25%
TAM
15
Third Avenue Management
New York
$89.8M +$20.6M +363,613 +30%
AAMU
16
APG Asset Management US
New York
$82.3M +$13M +229,500 +19%
Norges Bank
17
Norges Bank
Norway
$81.9M -$5.75M -101,327 -7%
HSBC Holdings
18
HSBC Holdings
United Kingdom
$79.1M +$49.3M +869,699 +167%
Charles Schwab
19
Charles Schwab
California
$75.7M +$3.4M +59,929 +5%
PI
20
PGGM Investments
Netherlands
$75.5M
Bank of New York Mellon
21
Bank of New York Mellon
New York
$73.8M +$2.48M +43,760 +3%
Legal & General Group
22
Legal & General Group
United Kingdom
$72.7M -$4.69M -82,628 -6%
VCM
23
V3 Capital Management
Texas
$66.8M -$30.5M -538,450 -31%
SV
24
Starboard Value
New York
$65.4M -$71.9M -1,266,850 -52%
N
25
Nuveen
North Carolina
$55.7M +$37M +653,242 +200%

MAC Hedge Fund Activity: Q2 2018 in Review

366 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q2 2018, worth a combined $7.77B — up 2% from $7.62B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new MAC positions and 36 closed out — a net gain of 25 holders — while 121 added to existing stakes and 130 trimmed.

The largest buyer was Bank of America, adding an estimated $163M. The largest seller was Vanguard Group, cutting an estimated $98.5M.

  • 366 institutional investors held Macerich (MAC) as of Q2 2018, up from 343 in Q1 2018.
  • Funds reported $7.77B of Macerich stock for Q2 2018, up 2% quarter-over-quarter.
  • 61 funds opened new Macerich positions in Q2 2018 and 36 closed out, a net change of +25 holders.
  • The largest Macerich buyer in Q2 2018 was Bank of America, an estimated $163M added.
  • The largest Macerich seller in Q2 2018 was Vanguard Group, an estimated $98.5M sold.

Based on aggregated 13F filings for Q2 2018.