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Macerich

267 hedge funds and large institutions have $2.14B invested in Macerich in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 97 increasing their positions, 89 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 17

6% more funds holding

Funds holding: 253267 (+14)

9% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 89

0.1% more ownership

Funds ownership: 90.95%91.05% (+0.1%)

3% less capital invested

Capital invested by funds: $2.2B → $2.14B (-$65.8M)

28% less call options, than puts

Call options by funds: $12.3M | Put options by funds: $17.2M

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
267
Holders Change
+14
Holders Change %
+5.53%
% of All Funds
4.24%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
32
Increased
97
Reduced
89
Closed
17
Calls
$12.3M
Puts
$17.2M
Net Calls
-$4.88M
Net Calls Change
+$1.49M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$428M +$189M +15,861,093 +68%
Vanguard Group
2
Vanguard Group
Pennsylvania
$372M +$367K +30,770 +0.1%
SCM
3
Smead Capital Management
Arizona
$226M -$4.08M -341,634 -2%
JP Morgan Chase
4
JP Morgan Chase
New York
$164M -$55.5M -4,648,383 -24%
State Street
5
State Street
Massachusetts
$155M -$933K -78,175 -0.5%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$52.9M +$2.01M +168,468 +4%
Charles Schwab
7
Charles Schwab
California
$49M +$375K +31,445 +0.7%
Fisher Asset Management
8
Fisher Asset Management
Washington
$40.6M -$1.16M -97,562 -3%
LBA
9
Letko, Brosseau & Associates
Quebec, Canada
$38.5M -$3.88K -325 -0%
Northern Trust
10
Northern Trust
Illinois
$37M -$271K -22,686 -0.7%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$34M +$151K +12,653 +0.4%
CIMLRA
12
CBRE Investment Management Listed Real Assets
Pennsylvania
$30.9M -$5.71M -478,375 -14%
Morgan Stanley
13
Morgan Stanley
New York
$27M -$5.54M -464,571 -16%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$26.8M -$908K -76,096 -3%
Ameriprise
15
Ameriprise
Minnesota
$23.1M -$627K -52,547 -2%
Legal & General Group
16
Legal & General Group
United Kingdom
$21.1M -$85K -7,127 -0.4%
KCM
17
Kennedy Capital Management
Missouri
$16.8M +$169K +14,131 +0.9%
Norges Bank
18
Norges Bank
Norway
$16.6M +$551K +46,186 +3%
N
19
Nuveen
North Carolina
$16.4M -$6.08M -509,942 -25%
Marshall Wace
20
Marshall Wace
United Kingdom
$16.3M +$3.62M +303,173 +26%
UBS AM
21
UBS AM
Illinois
$14.2M +$532K +44,562 +4%
Goldman Sachs
22
Goldman Sachs
New York
$13.6M -$89.3M -7,488,392 -86%
AQR Capital Management
23
AQR Capital Management
Connecticut
$13.2M +$219K +18,325 +2%
NMIMC
24
Northwestern Mutual Investment Management Company
Wisconsin
$12.8M
Principal Financial Group
25
Principal Financial Group
Iowa
$12.7M -$739K -61,931 -5%

MAC Hedge Fund Activity: Q3 2023 in Review

267 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Macerich (MAC) for Q3 2023, worth a combined $2.14B — down 3% from $2.2B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new MAC positions and 17 closed out — a net gain of 15 holders — while 97 added to existing stakes and 89 trimmed.

The largest buyer was BlackRock, adding an estimated $189M. The largest seller was Goldman Sachs, cutting an estimated $89.3M.

  • 267 institutional investors held Macerich (MAC) as of Q3 2023, up from 253 in Q2 2023.
  • Funds reported $2.14B of Macerich stock for Q3 2023, down 3% quarter-over-quarter.
  • 32 funds opened new Macerich positions in Q3 2023 and 17 closed out, a net change of +15 holders.
  • The largest Macerich buyer in Q3 2023 was BlackRock, an estimated $189M added.
  • The largest Macerich seller in Q3 2023 was Goldman Sachs, an estimated $89.3M sold.

Based on aggregated 13F filings for Q3 2023.