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Macerich

274 hedge funds and large institutions have $1.41B invested in Macerich in 2020 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 91 increasing their positions, 85 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

63% more capital invested

Capital invested by funds: $864M → $1.41B (+$542M)

11% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 47

2.88% more ownership

Funds ownership: 85.34%88.21% (+2.9%)

7% more repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 85

1% more funds holding

Funds holding: 272274 (+2)

69% less call options, than puts

Call options by funds: $57.5M | Put options by funds: $185M

Holders
274
Holders Change
+2
Holders Change %
+0.74%
% of All Funds
4.85%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
52
Increased
91
Reduced
85
Closed
47
Calls
$57.5M
Puts
$185M
Net Calls
-$127M
Net Calls Change
-$126M
Name Holding Trade Value Shares
Change
Change in
Stake
OTPPB
1
Ontario Teachers' Pension Plan Board
Ontario, Canada
$262M
BlackRock
2
BlackRock
New York
$224M +$26.6M +2,925,851 +16%
Vanguard Group
3
Vanguard Group
Pennsylvania
$190M +$14.2M +1,558,656 +10%
State Street
4
State Street
Massachusetts
$77.7M +$1.38M +151,346 +2%
SCM
5
Smead Capital Management
Arizona
$53.2M -$2.49M -273,740 -5%
Fidelity International
6
Fidelity International
Bermuda
$38M +$22.7M +2,494,978 +233%
Northern Trust
7
Northern Trust
Illinois
$31.5M -$1.66M -183,157 -6%
Legal & General Group
8
Legal & General Group
United Kingdom
$27.7M +$1.99M +219,021 +9%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$24.2M -$301K -33,078 -1%
JP Morgan Chase
10
JP Morgan Chase
New York
$24.2M +$13.4M +1,476,737 +187%
N
11
Nuveen
North Carolina
$20.9M +$3.11M +342,275 +21%
Norges Bank
12
Norges Bank
Norway
$20.8M +$334K +36,782 +2%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$20.5M +$2.18M +239,662 +14%
Charles Schwab
14
Charles Schwab
California
$17.1M +$393K +43,298 +3%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$16.3M -$2.83M -311,292 -17%
Goldman Sachs
16
Goldman Sachs
New York
$15.5M +$73.5K +8,091 +0.6%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$15.1M -$5.73M -631,073 -31%
KCM
18
Kennedy Capital Management
Missouri
$13.4M +$6.95M +764,420 +156%
Morgan Stanley
19
Morgan Stanley
New York
$13.1M +$4.59M +505,424 +70%
Principal Financial Group
20
Principal Financial Group
Iowa
$10.6M +$462K +50,876 +5%
PPA
21
Parametric Portfolio Associates
Washington
$9.9M +$929K +102,198 +12%
LCM
22
Lonestar Capital Management
California
$8.54M +$7.27M +800,000 New
Victory Capital Management
23
Victory Capital Management
Texas
$8.22M -$2.58M -283,965 -27%
UBS AM
24
UBS AM
Illinois
$8.16M +$1.44M +158,606 +26%
SC
25
Sasco Capital
Connecticut
$7.97M -$881K -96,976 -11%

MAC Hedge Fund Activity: Q4 2020 in Review

274 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q4 2020, worth a combined $1.41B — up 63% from $864M a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new MAC positions and 47 closed out — a net gain of 5 holders — while 91 added to existing stakes and 85 trimmed.

The largest buyer was BlackRock, adding an estimated $26.6M. The largest seller was Heitman Real Estate Securities, exiting entirely with an estimated $13.4M sold.

  • 274 institutional investors held Macerich (MAC) as of Q4 2020, up from 272 in Q3 2020.
  • Funds reported $1.41B of Macerich stock for Q4 2020, up 63% quarter-over-quarter.
  • 52 funds opened new Macerich positions in Q4 2020 and 47 closed out, a net change of +5 holders.
  • The largest Macerich buyer in Q4 2020 was BlackRock, an estimated $26.6M added.
  • The largest Macerich seller in Q4 2020 was Heitman Real Estate Securities, an estimated $13.4M sold.

Based on aggregated 13F filings for Q4 2020.