MACERICH CO MAC
COM · REIT · CUSIP 554382101 · ISIN US5543821012
American real estate company
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersSanta Monica, CA
- Founded1964
- Websitemacerich.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.6m this quarter). Holder counts are more reliable. Shares outstanding: 216.0m as of 2024-08-05, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $15.44. Options: 14 managers hold calls ($18.3m notional), 14 hold puts ($14.0m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 280 |
| Q4 2022 | 287 |
| Q1 2023 | 267 |
| Q2 2023 | 255 |
| Q3 2023 | 269 |
| Q4 2023 | 274 |
| Q1 2024 | 282 |
| Q2 2024 | 276 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 115 | 138 |
| Q1 2023 | 111 | 149 |
| Q2 2023 | 120 | 127 |
| Q3 2023 | 125 | 107 |
| Q4 2023 | 124 | 125 |
| Q1 2024 | 130 | 139 |
| Q2 2024 | 132 | 139 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $12.3m | $17.2m | 1.40 |
| Q4 2023 | $28.8m | $30.7m | 1.07 |
| Q1 2024 | $62.6m | $15.1m | 0.24 |
| Q2 2024 | $18.3m | $14.0m | 0.76 |
Biggest buyers
| JANUS HENDERSON GROUP PLC | Added | +2.6m |
| AEW CAPITAL MANAGEMENT L P | New | +1.8m |
| GOLDMAN SACHS GROUP INC | Added | +1.5m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.3m |
| NEUBERGER BERMAN GROUP LLC | Added | +1.1m |
| Smead Capital Management, Inc. | Added | +1.0m |
| T. Rowe Price Investment Management, Inc. | Added | +959.5k |
| FIL Ltd | New | +756.7k |
| SEI INVESTMENTS CO | New | +688.2k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | New | +594.6k |
Biggest sellers
| MORGAN STANLEY | Reduced | -4.2m |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | Reduced | -1.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.1m |
| Land & Buildings Investment Management, LLC | Sold out | -972.0k |
| Nuveen Asset Management, LLC | Reduced | -820.7k |
| Epoch Investment Partners, Inc. | Sold out | -599.7k |
| NORGES BANK | Reduced | -552.9k |
| KENNEDY CAPITAL MANAGEMENT LLC | Reduced | -505.6k |
| COMMONWEALTH EQUITY SERVICES, LLC | Sold out | -428.9k |
| Point72 Asset Management, L.P. | Reduced | -426.4k |
Biggest calls
| D. E. Shaw & Co., Inc. | Unchanged | $4.4m283.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.1m263.7k shares |
| CITADEL ADVISORS LLC | Reduced | $3.9m252.9k shares |
| IMC-Chicago, LLC | Reduced | $1.1m69.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $1.0m66.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $988.0k64.0k shares |
| GROUP ONE TRADING LLC | Reduced | $869.3k56.3k shares |
| Squarepoint Ops LLC | New | $691.7k44.8k shares |
| JANE STREET GROUP, LLC | Reduced | $534.2k34.6k shares |
| Walleye Capital LLC | New | $315.0k20.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.9m383.0k shares |
| Squarepoint Ops LLC | Added | $1.6m105.4k shares |
| CITADEL ADVISORS LLC | Reduced | $1.2m80.8k shares |
| Crawford Fund Management, LLC | Added | $1.2m75.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.1m71.9k shares |
| JANE STREET GROUP, LLC | Added | $978.9k63.4k shares |
| GROUP ONE TRADING LLC | Reduced | $469.4k30.4k shares |
| IMC-Chicago, LLC | Added | $438.5k28.4k shares |
| GTS SECURITIES LLC | Reduced | $327.3k21.2k shares |
| PEAK6 Investments LLC | Reduced | $279.5k18.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-02-05 | 17.5% |
| FMR LLC 13G · institution +0.9 pts · filed 2026-05-07 | 10.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution +0.1 pts · filed 2026-09-04 | 10.1% |
| STATE STREET CORP 13G · institution new · filed 2026-08-07 | 5.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: Smead Capital Management, Inc. (4.7%, 2026-04-22), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), JPMORGAN CHASE & CO (4.1%, 2026-02-04)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 6 | $853.9k | 1 | $17.5k | — |
| Q4 2022 | 0 | — | 1 | $25.3k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 2 | $4.2m | — |
| Q2 2024 | 5 | $2.4m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-10 | Volk Kenneth EVP, Business Development · Volk Living Trust | Bought | $77.0k5.0k shares |
| 2024-05-09 | Kingsmore Scott W Chief Financial Officer · Kingsmore Family Trust | Bought | $96.4k6.0k shares |
| 2024-05-08 | Menard Ann C Chief Legal Officer/Secretary · Family Trust | Bought | $75.0k4.9k shares |
| 2024-05-07 | Healey Doug J Senior EVP, Head of Leasing · Healey Revocable Trust | Bought | $114.0k7.5k shares |
| 2024-05-06 | Hsieh Jackson President and CEO, director | Bought | $2.0m140.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 39.9m $615.7m | Reduced -213.0k |
| VANGUARD GROUP INC 0.01% of their portfolio | 34.4m $531.8m | Reduced -230.8k |
| Smead Capital Management, Inc. 4.76% of their portfolio | 19.7m $304.9m | Added +1.0m |
| STATE STREET CORP 0.01% of their portfolio | 13.3m $205.1m | Reduced -164.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 5.6m $86.4m | Reduced -132.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 5.4m $83.3m | Added +208.3k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 4.7m $73.0m | Reduced -204.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 4.7m $72.4m | Reduced -9.3k |
| T. Rowe Price Investment Management, Inc. 0.04% of their portfolio | 4.4m $67.6m | Added +959.5k |
| MORGAN STANLEY 0.00% of their portfolio | 3.5m $54.5m | Reduced -4.2m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.5m $54.3m | Added +1.5m |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 3.5m $53.8m | Added +1.3m |
| LETKO, BROSSEAU & ASSOCIATES INC 0.96% of their portfolio | 3.3m $50.4m | Reduced -38.2k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 3.2m $49.7m | Added +126.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 3.2m $48.7m | Reduced -74.2k |
| Fisher Asset Management, LLC 0.02% of their portfolio | 3.0m $45.8m | Reduced -63.4k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 2.7m $42.5m | Added +2.6m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.6m $40.3m | Added +37.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.3m $35.3m | Added +2.5k |
| Legal & General Group Plc 0.01% of their portfolio | 1.9m $28.8m | Reduced -150.2k |
| AEW CAPITAL MANAGEMENT L P 1.38% of their portfolio | 1.8m $28.5m | New |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.47% of their portfolio | 1.7m $25.8m | Reduced -1.1m |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 1.3m $20.7m | Added +170.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.3m $19.5m | Added +592.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 1.2m $19.0m | Added +116.2k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 1.1m $17.4m | Added +1.1m |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.1m $16.4m | Reduced -56.9k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 863.7k $13.3m | Reduced -6.0k |
| TUDOR INVESTMENT CORP ET AL 0.14% of their portfolio | 809.8k $12.5m | Added +59.1k |
| American Assets Capital Advisers, LLC 3.93% of their portfolio | 804.1k $12.4m | Reduced -246.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 791.9k $12.2m | Added +478.9k |
| FIL Ltd 0.01% of their portfolio | 756.7k $11.7m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 755.6k $11.7m | Reduced -2.3k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 688.2k $10.6m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 632.8k $9.8m | Reduced -820.7k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.10% of their portfolio | 594.6k $9.2m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 585.0k $9.0m | Added +1.5k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 577.0k $8.9m | Added +241.9k |
| Schonfeld Strategic Advisors LLC 0.07% of their portfolio | 566.0k $8.7m | New |
| LPL Financial LLC 0.00% of their portfolio | 561.6k $8.7m | Reduced -7.0k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 551.2k $8.5m | Added +33.0k |
| Invesco Ltd. 0.00% of their portfolio | 541.9k $8.4m | Reduced -10.8k |
| BARCLAYS PLC 0.00% of their portfolio | 536.1k $8.3m | Added +319.9k |
| Candriam S.C.A. 0.05% of their portfolio | 528.3k $8.2m | Added +306.5k |
| Public Sector Pension Investment Board 0.05% of their portfolio | 474.7k $7.3m | Added +32.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 457.3k $7.1m | Reduced -16.5k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 440.6k $6.8m | Reduced -505.6k |
| Swiss National Bank 0.00% of their portfolio | 425.4k $6.6m | Unchanged |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 419.7k $6.5m | Added +128.5k |
| WINTON GROUP Ltd 0.42% of their portfolio | 406.8k $6.3m | Added +166.9k |
| STRS OHIO 0.02% of their portfolio | 397.7k $6.1m | Added +280.8k |
| NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC 0.15% of their portfolio | 371.9k $5.7m | Unchanged |
| MARSHALL WACE, LLP 0.01% of their portfolio | 367.3k $5.7m | Reduced -273.5k |
| Asset Management One Co., Ltd. 0.02% of their portfolio | 324.7k $5.0m | Reduced -18.0k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 315.0k $4.9m | Reduced -52.8k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 311.7k $4.8m | Reduced -3.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 309.4k $4.8m | Reduced -1.1m |
| Creative Planning 0.00% of their portfolio | 303.1k $4.7m | Reduced -1.4k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 286.8k $4.4m | Added +15.7k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 286.5k $4.4m | Reduced -426.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 280.8k $4.3m | Reduced -57.9k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 275.0k $4.2m | Added +14.0k |
| CITIGROUP INC 0.00% of their portfolio | 271.5k $4.2m | Added +19.4k |
| GSI Capital Advisors LLC 2.41% of their portfolio | 264.8k $4.1m | Added +2.5k |
| Sonora Investment Management Group, LLC 0.33% of their portfolio | 245.6k $4.2m | Unchanged |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 241.6k $3.7m | Reduced -2.3k |
| State of Alaska, Department of Revenue 0.04% of their portfolio | 230.6k $3.6m | Reduced -3.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 210.5k $3.3m | Reduced -5.5k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 207.8k $3.2m | Added +190.5k |
| BAMCO INC /NY/ 0.01% of their portfolio | 201.3k $3.1m | Reduced -54.3k |
| NORGES BANK 0.00% of their portfolio | 200.2k $3.1m | Reduced -552.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 198.7k $3.1m | Reduced -3.1k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 179.5k $2.8m | Reduced -8.3k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 179.1k $2.8m | Added +84.7k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 177.0k $2.7m | Added +21.1k |
| ALLSTATE CORP 0.21% of their portfolio | 169.0k $2.6m | Added +116.6k |
| Eisler Capital (US) LLC 0.48% of their portfolio | 163.1k $2.5m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 159.8k $2.5m | Added +77.1k |
| ALGERT GLOBAL LLC 0.08% of their portfolio | 158.8k $2.5m | Added +41.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 157.1k $2.4m | Added +9.4k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 155.1k $2.4m | Reduced -255.5k |
| Lodestone Wealth Management LLC 1.25% of their portfolio | 153.2k $2.4m | Reduced -10.9k |
| Amundi 0.00% of their portfolio | 152.9k $2.3m | Added +22.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 139.5k $2.2m | Added +7.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 139.1k $2.1m | Added +9.1k |
| UBS Group AG 0.00% of their portfolio | 134.4k $2.1m | Reduced -119.8k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 131.8k $2.0m | Added +311 |
| MetLife Investment Management, LLC 0.01% of their portfolio | 131.5k $2.0m | Added +22.1k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 128.4k $2.0m | Reduced -40.3k |
| Corebridge Financial, Inc. 0.01% of their portfolio | 125.6k $1.9m | First filing |
| Edgestream Partners, L.P. 0.09% of their portfolio | 123.7k $1.9m | Reduced -176.8k |
| Atria Investments, Inc 0.02% of their portfolio | 123.4k $1.9m | Reduced -8.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 122.6k $1.9m | Reduced -16.9k |
| Illinois Municipal Retirement Fund 0.03% of their portfolio | 121.0k $1.9m | Reduced -5.3k |
| Jump Financial, LLC 0.04% of their portfolio | 117.8k $1.8m | Added +64.4k |
| WOLVERINE ASSET MANAGEMENT LLC 0.03% of their portfolio | 116.7k $1.8m | Added +64.2k |
| DigitalBridge Group, Inc. 0.16% of their portfolio | 114.2k $1.8m | New |
| UniSuper Management Pty Ltd 0.01% of their portfolio | 111.5k $1.7m | Reduced -1.2k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 110.6k $1.7m | Reduced -410 |
| Murphy Pohlad Asset Management LLC 0.74% of their portfolio | 110.6k $1.7m | Added +82.8k |