Macerich
265 hedge funds and large institutions have $1.92B invested in Macerich in 2023 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 84 increasing their positions, 107 reducing their positions, and 43 closing their positions.
3.63% more ownership
Funds ownership: 80.71% → 84.34% (+3.6%)
2% less capital invested
Capital invested by funds: $1.95B → $1.92B (-$30.2M)
7% less funds holding
Funds holding: 284 → 265 (-19)
21% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 107
42% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 43
46% less call options, than puts
Call options by funds: $14.2M | Put options by funds: $26.6M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$20.8M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$17.4M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$15M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$14.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$9.55M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$6.46M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$3.46M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.71M |
| 5 |
Morgan Stanley
New York
|
-$2.68M |
MAC Hedge Fund Activity: Q1 2023 in Review
265 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q1 2023, worth a combined $1.92B — down 1.5% from $1.95B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of MAC and 25 opened new positions — a net loss of 18 holders — while 107 trimmed existing stakes and 84 added.
The largest buyer was CBRE Investment Management Listed Real Assets, adding an estimated $20.8M. The largest seller was Citadel Advisors, cutting an estimated $9.55M.
- 265 institutional investors held Macerich (MAC) as of Q1 2023, down from 284 in Q4 2022.
- Funds reported $1.92B of Macerich stock for Q1 2023, down 1.5% quarter-over-quarter.
- 25 funds opened new Macerich positions in Q1 2023 and 43 closed out, a net change of -18 holders.
- The largest Macerich buyer in Q1 2023 was CBRE Investment Management Listed Real Assets, an estimated $20.8M added.
- The largest Macerich seller in Q1 2023 was Citadel Advisors, an estimated $9.55M sold.
Based on aggregated 13F filings for Q1 2023.