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Macerich

335 hedge funds and large institutions have $6.19B invested in Macerich in 2019 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 133 increasing their positions, 107 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

308% more call options, than puts

Call options by funds: $28.1M | Put options by funds: $6.89M

24% more repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 107

11% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 47

3.55% more ownership

Funds ownership: 97.71%101.25% (+3.5%)

1% more funds holding

Funds holding: 331335 (+4)

4% more capital invested

Capital invested by funds: $5.95B → $6.19B (+$243M)

45% less funds holding in top 10

Funds holding in top 10: 116 (-5)

Holders
335
Holders Change
+4
Holders Change %
+1.21%
% of All Funds
7.25%
Holding in Top 10
6
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-45.45%
% of All Funds
0.13%
New
52
Increased
133
Reduced
107
Closed
47
Calls
$28.1M
Puts
$6.89M
Net Calls
+$21.2M
Net Calls Change
-$53M
Name Holding Trade Value Shares
Change
Change in
Stake
OTPPB
1
Ontario Teachers' Pension Plan Board
Ontario, Canada
$1.01B
Vanguard Group
2
Vanguard Group
Pennsylvania
$860M +$11.6M +262,931 +1%
BlackRock
3
BlackRock
New York
$501M -$9.39M -212,341 -2%
State Street
4
State Street
Massachusetts
$353M +$55.4M +1,252,778 +18%
Morgan Stanley
5
Morgan Stanley
New York
$337M +$36.8M +831,500 +12%
Invesco
6
Invesco
Georgia
$291M +$157M +3,556,869 +113%
Cohen & Steers
7
Cohen & Steers
New York
$280M +$157M +3,540,836 +122%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$176M -$12.6M -285,242 -7%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$149M -$10.6M -240,480 -7%
CIM
10
Centersquare Investment Management
Pennsylvania
$114M +$11.5M +260,675 +11%
Daiwa Securities Group
11
Daiwa Securities Group
Japan
$108M +$26.1M +590,435 +31%
Northern Trust
12
Northern Trust
Illinois
$84.8M -$491K -11,118 -0.6%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$84.7M +$5.17M +116,880 +6%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$77M -$1.56M -35,379 -2%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$74.9M +$8.37M +189,367 +12%
Deutsche Bank
16
Deutsche Bank
Germany
$71.3M +$52.1M +1,178,996 +253%
Norges Bank
17
Norges Bank
Norway
$66.9M +$3.4M +76,888 +5%
PS
18
Presima Securities
Quebec, Canada
$66.5M +$23.7M +536,700 +54%
Charles Schwab
19
Charles Schwab
California
$65.3M +$3.78M +85,499 +6%
LIMS
20
Lasalle Investment Management Securities
Maryland
$65.1M +$17.2M +388,103 +35%
Legal & General Group
21
Legal & General Group
United Kingdom
$62.8M +$7.54M +170,628 +13%
TAM
22
Third Avenue Management
New York
$57.2M -$5.34M -120,766 -8%
Citadel Advisors
23
Citadel Advisors
Florida
$55.9M +$43.5M +983,391 +322%
AAMU
24
APG Asset Management US
New York
$55.7M
Russell Investments Group
25
Russell Investments Group
United Kingdom
$54M +$15.7M +355,284 +40%

MAC Hedge Fund Activity: Q1 2019 in Review

335 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q1 2019, worth a combined $6.19B — up 4.1% from $5.95B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new MAC positions and 47 closed out — a net gain of 5 holders — while 133 added to existing stakes and 107 trimmed.

The largest buyer was Invesco, adding an estimated $157M. The largest seller was Bank of America, cutting an estimated $114M.

  • 335 institutional investors held Macerich (MAC) as of Q1 2019, up from 331 in Q4 2018.
  • Funds reported $6.19B of Macerich stock for Q1 2019, up 4.1% 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.