Macerich
317 hedge funds and large institutions have $5.14B invested in Macerich in 2019 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 144 increasing their positions, 102 reducing their positions, and 49 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 102
7.28% more ownership
Funds ownership: 101.3% → 108.58% (+7.3%)
6% less funds holding
Funds holding: 336 → 317 (-19)
17% less capital invested
Capital invested by funds: $6.2B → $5.14B (-$1.06B)
31% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 49
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
49% less call options, than puts
Call options by funds: $32.3M | Put options by funds: $63.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$266M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$57.8M |
| 3 |
Two Sigma Investments
New York
|
+$28.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$28M |
| 5 |
State Street
Boston,
Massachusetts
|
+$23.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$86.5M |
| 2 |
JP Morgan Chase
New York
|
-$32.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$29.1M |
| 4 |
Neuberger Berman Group
New York
|
-$15M |
| 5 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$13.1M |
MAC Hedge Fund Activity: Q2 2019 in Review
317 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q2 2019, worth a combined $5.14B — down 17% from $6.2B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of MAC and 34 opened new positions — a net loss of 15 holders — while 102 trimmed existing stakes and 144 added.
The largest buyer was Cohen & Steers, adding an estimated $266M. The largest seller was Fidelity Investments, cutting an estimated $86.5M.
- 317 institutional investors held Macerich (MAC) as of Q2 2019, down from 336 in Q1 2019.
- Funds reported $5.14B of Macerich stock for Q2 2019, down 17% quarter-over-quarter.
- 34 funds opened new Macerich positions in Q2 2019 and 49 closed out, a net change of -15 holders.
- The largest Macerich buyer in Q2 2019 was Cohen & Steers, an estimated $266M added.
- The largest Macerich seller in Q2 2019 was Fidelity Investments, an estimated $86.5M sold.
Based on aggregated 13F filings for Q2 2019.