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 ($3.0m this quarter). Holder counts are more reliable. Shares outstanding: 252.5m as of 2025-02-27, 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 ≈ $17.17. Options: 9 managers hold calls ($6.0m notional), 9 hold puts ($8.8m).
Trends to Q1 2025
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 |
| Q3 2024 | 275 |
| Q4 2024 | 292 |
| Q1 2025 | 290 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 120 | 127 |
| Q3 2023 | 125 | 107 |
| Q4 2023 | 124 | 125 |
| Q1 2024 | 130 | 139 |
| Q2 2024 | 132 | 139 |
| Q3 2024 | 127 | 133 |
| Q4 2024 | 178 | 96 |
| Q1 2025 | 154 | 116 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $18.3m | $14.0m | 0.76 |
| Q3 2024 | $27.6m | $24.3m | 0.88 |
| Q4 2024 | $21.3m | $17.9m | 0.84 |
| Q1 2025 | $6.0m | $8.8m | 1.48 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +4.5m |
| PGGM Investments | New | +3.5m |
| NORGES BANK | Added | +2.8m |
| FMR LLC | Added | +2.6m |
| JPMORGAN CHASE & CO | Added | +2.1m |
| T. Rowe Price Investment Management, Inc. | Added | +1.8m |
| Schonfeld Strategic Advisors LLC | Added | +1.3m |
| BANK OF AMERICA CORP /DE/ | Added | +864.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | New | +708.4k |
| MILLENNIUM MANAGEMENT LLC | Added | +703.2k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -7.8m |
| PRUDENTIAL FINANCIAL INC | Reduced | -2.3m |
| Smead Capital Management, Inc. | Reduced | -1.7m |
| BAMCO INC /NY/ | Reduced | -1.6m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.3m |
| GRS Advisors, LLC | Sold out | -1.2m |
| LETKO, BROSSEAU & ASSOCIATES INC | Reduced | -749.3k |
| Waterfront Capital Partners, LLC | Sold out | -618.2k |
| BlackRock, Inc. | Reduced | -607.7k |
| DEUTSCHE BANK AG\ | Reduced | -503.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.8m105.0k shares |
| CITADEL ADVISORS LLC | Reduced | $1.2m71.9k shares |
| IMC-Chicago, LLC | Reduced | $746.9k43.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $691.7k40.5k shares |
| JANE STREET GROUP, LLC | Reduced | $628.4k36.6k shares |
| GROUP ONE TRADING LLC | Added | $576.9k33.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $264.0k15.4k shares |
| PEAK6 LLC | Added | $25.8k1.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.1m237.4k shares |
| JANE STREET GROUP, LLC | Added | $1.5m88.3k shares |
| CITADEL ADVISORS LLC | Reduced | $982.1k57.2k shares |
| Crawford Fund Management, LLC | Reduced | $673.1k39.2k shares |
| PEAK6 LLC | Added | $657.6k38.3k shares |
| IMC-Chicago, LLC | Reduced | $479.0k27.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $319.0k18.6k shares |
| GROUP ONE TRADING LLC | Reduced | $116.8k6.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 Q1 2025
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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 2 | $4.2m | — |
| Q2 2024 | 5 | $2.4m | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $1.3m | — |
| Q1 2025 | 2 | $1.1m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-14 | Murphy Devin Ignatius Director | Bought | $114.8k7.0k shares |
| 2025-03-04 | Hsieh Jackson President and CEO, director | Bought | $994.0k56.0k 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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 45.1m $774.7m | Reduced -607.7k |
| VANGUARD GROUP INC 0.01% of their portfolio | 38.4m $659.4m | Reduced -210.4k |
| FMR LLC 0.03% of their portfolio | 24.6m $422.8m | Added +2.6m |
| Smead Capital Management, Inc. 5.36% of their portfolio | 18.2m $312.7m | Reduced -1.7m |
| STATE STREET CORP 0.01% of their portfolio | 14.8m $254.3m | Added +139.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 6.4m $109.1m | Added +351.4k |
| T. Rowe Price Investment Management, Inc. 0.07% of their portfolio | 6.1m $105.3m | Added +1.8m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 6.0m $102.3m | Added +2.1m |
| CITADEL ADVISORS LLC 0.10% of their portfolio | 5.8m $100.1m | Added +4.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 5.0m $85.7m | Reduced -179.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 4.4m $74.8m | Added +151.3k |
| PGGM Investments 0.80% of their portfolio | 3.5m $59.6m | New |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 3.5m $59.3m | Added +321.2k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 3.4m $58.9m | Added +152.2k |
| Fisher Asset Management, LLC 0.02% of their portfolio | 3.2m $55.3m | Reduced -76.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.2m $54.7m | Reduced -25.0k |
| NORGES BANK 0.01% of their portfolio | 3.1m $53.0m | Added +2.8m |
| BAMCO INC /NY/ 0.15% of their portfolio | 3.0m $52.3m | Reduced -1.6m |
| MORGAN STANLEY 0.00% of their portfolio | 2.4m $41.3m | Reduced -309.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 2.2m $38.6m | Reduced -7.8m |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.1m $36.4m | Reduced -41.3k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 2.1m $36.1m | Reduced -165.6k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.37% of their portfolio | 2.1m $35.7m | Added +66.6k |
| AEW CAPITAL MANAGEMENT L P 1.73% of their portfolio | 2.1m $35.4m | Reduced -107.8k |
| Nuveen, LLC 0.01% of their portfolio | 1.9m $32.6m | First filing |
| Legal & General Group Plc 0.01% of their portfolio | 1.8m $31.6m | Added +54.6k |
| UBS Group AG 0.01% of their portfolio | 1.7m $29.3m | Added +261.4k |
| LETKO, BROSSEAU & ASSOCIATES INC 0.61% of their portfolio | 1.7m $28.5m | Reduced -749.3k |
| APG Asset Management US Inc. 0.19% of their portfolio | 1.5m $24.9m | Added +253.3k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 1.4m $24.1m | Added +317.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.4m $23.4m | Added +864.0k |
| Schonfeld Strategic Advisors LLC 0.15% of their portfolio | 1.3m $21.8m | Added +1.3m |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.2m $21.3m | Added +47.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 1.1m $18.9m | Reduced -285.4k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 917.6k $15.8m | Added +89.2k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 906.8k $15.6m | Added +703.2k |
| Woodline Partners LP 0.10% of their portfolio | 891.6k $15.3m | Added +49.3k |
| Public Sector Pension Investment Board 0.06% of their portfolio | 788.1k $13.5m | Added +176.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 765.2k $13.1m | Reduced -10.6k |
| FIL Ltd 0.01% of their portfolio | 756.8k $13.0m | Reduced -401.8k |
| Hazelview Securities Inc. 2.28% of their portfolio | 730.1k $12.5m | Added +99.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.05% of their portfolio | 708.4k $12.2m | New |
| Allianz Asset Management GmbH 0.02% of their portfolio | 674.3k $11.6m | Added +177.2k |
| Invesco Ltd. 0.00% of their portfolio | 668.4k $11.5m | Added +139.0k |
| BARCLAYS PLC 0.00% of their portfolio | 611.1k $10.5m | Reduced -59.0k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 610.7k $10.5m | Added +26.2k |
| American Assets Capital Advisers, LLC 4.13% of their portfolio | 574.7k $9.9m | Added +279.5k |
| LPL Financial LLC 0.00% of their portfolio | 545.2k $9.4m | Added +5.7k |
| Burkehill Global Management, LP 0.64% of their portfolio | 500.0k $8.6m | Reduced -500.0k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.06% of their portfolio | 499.7k $8.6m | First filing |
| CITIGROUP INC 0.01% of their portfolio | 486.1k $8.3m | Added +51.1k |
| Swiss National Bank 0.01% of their portfolio | 481.5k $8.3m | Reduced -7.3k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 459.1k $7.9m | Added +224.1k |
| B&I Capital AG 2.39% of their portfolio | 428.7k $7.4m | Added +58.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 423.1k $7.3m | Reduced -503.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 410.0k $7.0m | Added +304.3k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 401.3k $6.9m | Reduced -340.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 395.3k $6.8m | Reduced -61.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 369.2k $6.3m | Added +16.6k |
| Asset Management One Co., Ltd. 0.02% of their portfolio | 367.3k $6.3m | Added +12.3k |
| NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio | 342.1k $5.9m | Added +16.8k |
| Creative Planning 0.01% of their portfolio | 340.1k $5.8m | Added +28.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 331.7k $5.7m | Added +3.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 326.4k $5.6m | Reduced -1.3m |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 312.1k $5.4m | Added +8.1k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 307.3k $5.3m | Reduced -18.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 301.1k $5.2m | Added +210.1k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 295.8k $5.1m | Reduced -88.2k |
| GSI Capital Advisors LLC 2.46% of their portfolio | 273.5k $4.7m | Added +4.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 269.7k $4.6m | Added +3.2k |
| State of Alaska, Department of Revenue 0.05% of their portfolio | 258.7k $4.4m | Added +5.9k |
| Amundi 0.00% of their portfolio | 247.1k $3.9m | Reduced -7.2k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 243.7k $4.2m | Reduced -2.3m |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 231.2k $4.0m | Added +25.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 229.1k $3.9m | Reduced -2.5k |
| Sonora Investment Management Group, LLC 0.29% of their portfolio | 211.9k $3.6m | Reduced -11.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 206.4k $3.5m | Added +22.1k |
| Ilmarinen Mutual Pension Insurance Co 0.03% of their portfolio | 203.5k $3.5m | Unchanged |
| Phocas Financial Corp. 0.52% of their portfolio | 199.1k $3.4m | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 197.9k $3.4m | Added +15.6k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 195.4k $3.4m | Reduced -11.7k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.03% of their portfolio | 187.2k $3.2m | Reduced -33.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 183.5k $3.2m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 183.1k $3.1m | Added +6.2k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 183.0k $3.1m | Reduced -7.2k |
| Verition Fund Management LLC 0.02% of their portfolio | 176.4k $3.0m | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 172.8k $3.0m | Added +10.1k |
| INTECH INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 167.3k $2.9m | Added +47.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 162.0k $2.8m | New |
| ALGERT GLOBAL LLC 0.07% of their portfolio | 159.7k $2.7m | Reduced -29.4k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio | 153.1k $2.6m | Added +6.7k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 152.1k $2.6m | Added +2.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 148.6k $2.6m | Added +13.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 148.0k $2.5m | Added +71.1k |
| Advisors Preferred, LLC 0.34% of their portfolio | 146.4k $2.5m | New |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 140.0k $2.4m | Added +11.0k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 134.6k $2.3m | Added +34.1k |
| ALLSTATE CORP 0.07% of their portfolio | 133.4k $2.3m | Unchanged |
| Illinois Municipal Retirement Fund 0.03% of their portfolio | 132.2k $2.3m | Added +7.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 131.8k $2.3m | Added +14.2k |