Macerich
253 hedge funds and large institutions have $2.2B invested in Macerich in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 94 increasing their positions, 88 reducing their positions, and 39 closing their positions.
15% more capital invested
Capital invested by funds: $1.92B → $2.2B (+$282M)
6.61% more ownership
Funds ownership: 84.34% → 90.95% (+6.6%)
7% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 88
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 265 → 253 (-12)
31% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 39
36% less call options, than puts
Call options by funds: $11.5M | Put options by funds: $17.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$132M |
| 2 |
Goldman Sachs
New York
|
+$72.7M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$15.7M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$15.4M |
| 5 |
Morgan Stanley
New York
|
+$9.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$76.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$12.4M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$9.41M |
| 4 |
RA
Royce & Associates
New York
|
-$8.5M |
| 5 |
Millennium Management
New York
|
-$6.96M |
MAC Hedge Fund Activity: Q2 2023 in Review
253 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q2 2023, worth a combined $2.2B — up 15% from $1.92B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of MAC and 27 opened new positions — a net loss of 12 holders — while 88 trimmed existing stakes and 94 added.
The largest buyer was JP Morgan Chase, adding an estimated $132M. The largest seller was BlackRock, cutting an estimated $76.4M.
- 253 institutional investors held Macerich (MAC) as of Q2 2023, down from 265 in Q1 2023.
- Funds reported $2.2B of Macerich stock for Q2 2023, up 15% quarter-over-quarter.
- 27 funds opened new Macerich positions in Q2 2023 and 39 closed out, a net change of -12 holders.
- The largest Macerich buyer in Q2 2023 was JP Morgan Chase, an estimated $132M added.
- The largest Macerich seller in Q2 2023 was BlackRock, an estimated $76.4M sold.
Based on aggregated 13F filings for Q2 2023.