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 ($1.8m this quarter). Holder counts are more reliable. Shares outstanding: 252.8m as of 2025-08-08, 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 ≈ $16.18. Options: 10 managers hold calls ($8.7m notional), 9 hold puts ($5.1m).
Trends to Q2 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 |
| Q2 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 |
|---|---|---|
| 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 |
| Q2 2025 | 162 | 123 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $27.6m | $24.3m | 0.88 |
| Q4 2024 | $21.3m | $17.9m | 0.84 |
| Q1 2025 | $6.0m | $8.8m | 1.48 |
| Q2 2025 | $8.7m | $5.1m | 0.59 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +3.1m |
| AMERICAN CENTURY COMPANIES INC | New | +1.1m |
| T. Rowe Price Investment Management, Inc. | Added | +850.9k |
| Balyasny Asset Management L.P. | Added | +711.3k |
| JPMORGAN CHASE & CO | Added | +694.1k |
| ROYAL BANK OF CANADA | Added | +569.7k |
| PGGM Investments | Added | +552.2k |
| PRUDENTIAL FINANCIAL INC | Added | +508.6k |
| FIL Ltd | Added | +477.1k |
| VANGUARD GROUP INC | Added | +462.2k |
Biggest sellers
| CITADEL ADVISORS LLC | Reduced | -2.2m |
| Smead Capital Management, Inc. | Reduced | -2.1m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.3m |
| BlackRock, Inc. | Reduced | -1.1m |
| Woodline Partners LP | Sold out | -891.6k |
| Hazelview Securities Inc. | Sold out | -730.1k |
| Schonfeld Strategic Advisors LLC | Reduced | -664.6k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -607.3k |
| BAMCO INC /NY/ | Reduced | -601.2k |
| Burkehill Global Management, LP | Sold out | -500.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.5m337.1k shares |
| IMC-Chicago, LLC | Reduced | $656.9k40.6k shares |
| JANE STREET GROUP, LLC | Added | $631.0k39.0k shares |
| LANDMARK INVESTMENT PARTNERS, L.P. | New | $538.8k33.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $507.4k31.4k shares |
| CITADEL ADVISORS LLC | Reduced | $381.8k23.6k shares |
| SIMPLEX TRADING, LLC | Added | $254.0k15.7k shares |
| GROUP ONE TRADING LLC | Reduced | $158.6k9.8k shares |
| Walleye Trading LLC | New | $77.7k4.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $1.8m113.8k shares |
| IMC-Chicago, LLC | Added | $799.3k49.4k shares |
| Crawford Fund Management, LLC | Added | $679.6k42.0k shares |
| JANE STREET GROUP, LLC | Reduced | $647.2k40.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $603.5k37.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $182.0k11.3k shares |
| GROUP ONE TRADING LLC | Added | $178.0k11.0k shares |
| Walleye Trading LLC | New | $163.4k10.1k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 44.0m $712.4m | Reduced -1.1m |
| VANGUARD GROUP INC 0.01% of their portfolio | 38.9m $628.9m | Added +462.2k |
| FMR LLC 0.02% of their portfolio | 25.1m $405.5m | Added +436.8k |
| Smead Capital Management, Inc. 5.21% of their portfolio | 16.1m $260.1m | Reduced -2.1m |
| STATE STREET CORP 0.01% of their portfolio | 15.2m $245.3m | Added +351.9k |
| T. Rowe Price Investment Management, Inc. 0.07% of their portfolio | 7.0m $113.0m | Added +850.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 6.7m $107.6m | Added +694.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 6.5m $105.2m | Added +145.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 5.0m $80.9m | Added +5.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 4.2m $68.7m | Reduced -109.7k |
| PGGM Investments 1.13% of their portfolio | 4.0m $65.1m | Added +552.2k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 4.0m $65.0m | Added +3.1m |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 3.9m $63.0m | Added +461.4k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 3.6m $58.2m | Reduced -2.2m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 3.5m $57.3m | Added +91.9k |
| NORGES BANK 0.01% of their portfolio | 3.2m $51.5m | Added +94.6k |
| Fisher Asset Management, LLC 0.02% of their portfolio | 3.0m $47.7m | Reduced -268.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.9m $47.0m | Reduced -282.0k |
| MORGAN STANLEY 0.00% of their portfolio | 2.5m $40.3m | Added +83.0k |
| BAMCO INC /NY/ 0.11% of their portfolio | 2.4m $39.6m | Reduced -601.2k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.39% of their portfolio | 2.3m $37.8m | Added +256.8k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 2.3m $37.1m | Added +181.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.2m $36.3m | Added +124.6k |
| Nuveen, LLC 0.01% of their portfolio | 1.8m $29.7m | Reduced -58.0k |
| Legal & General Group Plc 0.01% of their portfolio | 1.8m $28.9m | Reduced -56.6k |
| LETKO, BROSSEAU & ASSOCIATES INC 0.52% of their portfolio | 1.7m $27.0m | Added +12.0k |
| AEW CAPITAL MANAGEMENT L P 1.38% of their portfolio | 1.6m $26.1m | Reduced -447.5k |
| UBS Group AG 0.01% of their portfolio | 1.5m $24.7m | Reduced -184.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.5m $24.1m | Added +122.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.3m $20.3m | Added +15.2k |
| FIL Ltd 0.02% of their portfolio | 1.2m $20.0m | Added +477.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 1.1m $18.5m | Added +44.1k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.1m $18.4m | New |
| APG Asset Management US Inc. 0.13% of their portfolio | 1.0m $17.1m | Reduced -417.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 937.9k $15.2m | Reduced -1.3m |
| SEI INVESTMENTS CO 0.02% of their portfolio | 878.7k $14.2m | Reduced -38.9k |
| Public Sector Pension Investment Board 0.06% of their portfolio | 861.3k $13.9m | Added +73.2k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 846.0k $13.7m | Added +711.3k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 806.7k $13.1m | Added +41.5k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 794.3k $12.9m | Reduced -607.3k |
| BARCLAYS PLC 0.00% of their portfolio | 767.6k $12.4m | Added +156.5k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 752.3k $12.2m | Added +508.6k |
| CITIGROUP INC 0.01% of their portfolio | 716.4k $11.6m | Added +230.4k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 648.1k $10.5m | Added +37.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 647.6k $10.5m | Added +569.7k |
| Invesco Ltd. 0.00% of their portfolio | 617.2k $10.0m | Reduced -51.2k |
| Schonfeld Strategic Advisors LLC 0.07% of their portfolio | 603.9k $9.8m | Reduced -664.6k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.06% of their portfolio | 536.3k $8.7m | Added +36.6k |
| LPL Financial LLC 0.00% of their portfolio | 532.5k $8.6m | Reduced -12.6k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 531.0k $8.6m | Added +299.8k |
| Swiss National Bank 0.00% of their portfolio | 481.5k $7.8m | Unchanged |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio | 451.4k $7.3m | Reduced -257.0k |
| Brookfield Corp /ON/ 0.01% of their portfolio | 412.1k $6.7m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 386.2k $6.2m | Reduced -72.9k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 379.3k $6.1m | Added +10.0k |
| B&I Capital AG 2.07% of their portfolio | 375.6k $6.1m | Reduced -53.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 368.0k $6.0m | Reduced -27.2k |
| Asset Management One Co., Ltd. 0.02% of their portfolio | 357.4k $5.8m | Reduced -9.9k |
| NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio | 354.0k $5.7m | Added +11.9k |
| Eisler Capital Management Ltd. 0.19% of their portfolio | 339.2k $5.5m | New |
| Allianz Asset Management GmbH 0.01% of their portfolio | 334.7k $5.4m | Reduced -339.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 334.1k $5.4m | Added +22.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 322.1k $5.2m | Reduced -4.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 309.9k $5.0m | Reduced -100.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 305.4k $4.9m | Reduced -26.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 294.4k $4.8m | Reduced -128.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 278.8k $4.5m | Added +9.1k |
| GSI Capital Advisors LLC 2.38% of their portfolio | 274.3k $4.4m | Added +760 |
| State of Alaska, Department of Revenue 0.05% of their portfolio | 273.5k $4.4m | Added +14.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 230.1k $3.7m | Added +1.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 228.1k $3.7m | Added +21.6k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 226.5k $3.7m | Reduced -69.3k |
| American Assets Capital Advisers, LLC 3.51% of their portfolio | 215.8k $3.5m | Reduced -358.9k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 215.4k $3.5m | Added +150.7k |
| STRS OHIO 0.01% of their portfolio | 212.7k $3.4m | Added +166.3k |
| Ilmarinen Mutual Pension Insurance Co 0.03% of their portfolio | 203.5k $3.3m | Unchanged |
| Phocas Financial Corp. 0.46% of their portfolio | 199.1k $3.2m | Added +29 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 193.4k $3.1m | Added +10.4k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 187.7k $3.0m | Reduced -7.8k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 186.2k $3.0m | Added +3.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 183.6k $3.0m | Added +100 |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 179.6k $2.9m | Added +6.8k |
| Sonora Investment Management Group, LLC 0.21% of their portfolio | 178.1k $2.9m | Reduced -33.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 167.6k $2.7m | Added +5.6k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio | 166.8k $2.7m | Added +13.7k |
| Verition Fund Management LLC 0.02% of their portfolio | 162.1k $2.6m | Reduced -14.4k |
| ALGERT GLOBAL LLC 0.05% of their portfolio | 159.7k $2.6m | Unchanged |
| MetLife Investment Management, LLC 0.02% of their portfolio | 158.7k $2.6m | Added +6.5k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 146.3k $2.4m | Added +6.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 143.5k $2.3m | Added +126.2k |
| Creative Planning 0.00% of their portfolio | 143.1k $2.3m | Reduced -196.9k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 139.4k $2.2m | Added +7.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 139.3k $2.3m | Reduced -9.3k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 138.2k $2.2m | Reduced -263.1k |
| RBF Capital, LLC 0.11% of their portfolio | 136.7k $2.2m | Added +106.7k |
| Illinois Municipal Retirement Fund 0.03% of their portfolio | 133.8k $2.2m | Added +1.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 130.7k $2.1m | Reduced -1.1k |
| INTECH INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 127.5k $2.1m | Reduced -39.8k |
| Amundi 0.00% of their portfolio | 126.9k $2.1m | Reduced -120.3k |
| Atria Investments, Inc 0.02% of their portfolio | 124.7k $2.0m | Added +351 |