Macerich
336 hedge funds and large institutions have $6.2B invested in Macerich in 2019 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 134 increasing their positions, 106 reducing their positions, and 47 closing their positions.
308% more call options, than puts
Call options by funds: $28.1M | Put options by funds: $6.89M
26% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 106
11% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 47
3.59% more ownership
Funds ownership: 97.71% → 101.3% (+3.6%)
1% more funds holding
Funds holding: 332 → 336 (+4)
4% more capital invested
Capital invested by funds: $5.96B → $6.2B (+$235M)
45% less funds holding in top 10
Funds holding in top 10: 11 → 6 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$157M |
| 2 |
Cohen & Steers
New York
|
+$157M |
| 3 |
State Street
Boston,
Massachusetts
|
+$55.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$52.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$43.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$114M |
| 2 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$60.3M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$57.3M |
| 4 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$47M |
| 5 |
CCM
Crabel Capital Management
Los Angeles,
California
|
-$26.3M |
MAC Hedge Fund Activity: Q1 2019 in Review
336 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q1 2019, worth a combined $6.2B — up 4% from $5.96B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new MAC positions and 47 closed out — a net gain of 5 holders — while 134 added to existing stakes and 106 trimmed.
The largest buyer was Invesco, adding an estimated $157M. The largest seller was Bank of America, cutting an estimated $114M.
- 336 institutional investors held Macerich (MAC) as of Q1 2019, up from 332 in Q4 2018.
- Funds reported $6.2B of Macerich stock for Q1 2019, up 4% quarter-over-quarter.
- 52 funds opened new Macerich positions in Q1 2019 and 47 closed out, a net change of +5 holders.
- The largest Macerich buyer in Q1 2019 was Invesco, an estimated $157M added.
- The largest Macerich seller in Q1 2019 was Bank of America, an estimated $114M sold.
Based on aggregated 13F filings for Q1 2019.