MID-AMER APT CMNTYS INC MAA
COM · REIT · CUSIP 59522J103 · ISIN US59522J1034
Real estate investment trust operating throughout the southeastern, southwestern, and mid-Atlantic United States
* 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 ($90.4m this quarter). Holder counts are more reliable. Shares outstanding: 117.1m as of 2025-07-28, 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 ≈ $147.97. Options: 9 managers hold calls ($50.2m notional), 11 hold puts ($45.8m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 631 |
| Q4 2022 | 630 |
| Q1 2023 | 655 |
| Q2 2023 | 647 |
| Q3 2023 | 634 |
| Q4 2023 | 670 |
| Q1 2024 | 645 |
| Q2 2024 | 684 |
| Q3 2024 | 718 |
| Q4 2024 | 709 |
| Q1 2025 | 736 |
| Q2 2025 | 747 |
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 | 291 | 296 |
| Q4 2023 | 303 | 308 |
| Q1 2024 | 296 | 322 |
| Q2 2024 | 343 | 278 |
| Q3 2024 | 325 | 307 |
| Q4 2024 | 310 | 300 |
| Q1 2025 | 356 | 286 |
| Q2 2025 | 388 | 298 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $49.0m | $51.1m | 1.04 |
| Q4 2024 | $15.2m | $9.8m | 0.64 |
| Q1 2025 | $57.0m | $25.2m | 0.44 |
| Q2 2025 | $50.2m | $45.8m | 0.91 |
Biggest buyers
| COHEN & STEERS, INC. | Added | +881.5k |
| Capital World Investors | Added | +779.0k |
| Daiwa Securities Group Inc. | Added | +593.0k |
| ROYAL BANK OF CANADA | Added | +482.7k |
| Invesco Ltd. | Added | +430.4k |
| Balyasny Asset Management L.P. | New | +367.0k |
| FIRST TRUST ADVISORS LP | Added | +255.8k |
| CRAWFORD INVESTMENT COUNSEL INC | Added | +215.4k |
| GOLDMAN SACHS GROUP INC | Added | +192.0k |
| CITADEL ADVISORS LLC | Added | +182.1k |
Biggest sellers
| CARRONADE CAPITAL MANAGEMENT, LP | Reduced | -12.3m |
| BlackRock, Inc. | Reduced | -1.8m |
| VIKING GLOBAL INVESTORS LP | Sold out | -1.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -1.1m |
| CANADA PENSION PLAN INVESTMENT BOARD | Sold out | -1.1m |
| MORGAN STANLEY | Reduced | -915.4k |
| JPMORGAN CHASE & CO | Reduced | -736.8k |
| FMR LLC | Reduced | -557.0k |
| PRUDENTIAL FINANCIAL INC | Reduced | -520.7k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | Reduced | -288.7k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $27.5m186.1k shares |
| CITADEL ADVISORS LLC | Reduced | $9.2m61.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.7m45.2k shares |
| LANDMARK INVESTMENT PARTNERS, L.P. | New | $5.3m36.0k shares |
| Walleye Trading LLC | Reduced | $769.7k5.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $325.3k2.2k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $266.4k1.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $74.0k500 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $31.3m211.7k shares |
| CITADEL ADVISORS LLC | Reduced | $4.3m29.3k shares |
| GROUP ONE TRADING LLC | New | $1.9m12.8k shares |
| SIMPLEX TRADING, LLC | Added | $1.7m11.2k shares |
| IMC-Chicago, LLC | New | $1.6m10.9k shares |
| JANE STREET GROUP, LLC | Added | $1.4m9.6k shares |
| WOLVERINE TRADING, LLC | Added | $1.4m9.2k shares |
| PEAK6 LLC | New | $1.3m9.0k shares |
| TUDOR INVESTMENT CORP ET AL | New | $414.4k2.8k shares |
| Walleye Trading LLC | Reduced | $399.6k2.7k 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 2025-04-28 | 10.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| VIKING GLOBAL INVESTORS LP 13G · passive investor new · filed 2026-10-05 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), Capital World Investors (0.2%, 2026-02-13)
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 | 1 | $875.0k | 0 | — | — |
| Q4 2023 | 1 | $254.7k | 0 | — | — |
| Q1 2024 | 0 | — | 4 | $1.5m | $1.5m |
| Q2 2024 | 1 | $13.2k | 3 | $978.1k | $978.1k |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 6 | $1.5m | $1.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-02 | Fairbanks Amber EVP, Property Management | Sold | $28.9k173 shares |
| 2025-04-08 | Fairbanks Amber EVP, Property Management | Sold plan | $30.1k200 shares |
| 2025-04-07 | BOLTON H ERIC JR President and CEO, director | Sold plan | $396.3k2.6k shares |
| 2025-04-07 | Carpenter Melanie EVP & CHRO | Sold plan | $47.2k315 shares |
| 2025-04-07 | Argo Timothy EVP, Chief Strategy & Analysis | Sold plan | $6.5k45 shares |
| 2025-04-07 | Holder Aubrey Clay EVP, CFO | Sold plan | $2.8k19 shares |
| 2025-04-03 | BOLTON H ERIC JR President and CEO, director | Sold plan | $724.5k4.4k shares |
| 2025-04-03 | DelPriore Robert J. EVP, General Counsel | Sold plan | $191.2k1.1k shares |
| 2025-04-03 | Carpenter Melanie EVP & CHRO | Sold plan | $78.5k472 shares |
| 2025-04-03 | Argo Timothy EVP, Chief Strategy & Analysis | Sold plan | $15.6k94 shares |
| 2025-04-03 | Holder Aubrey Clay EVP, CFO | Sold plan | $4.7k28 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 18.5m $2.7bn | Added +101.4k |
| BlackRock, Inc. 0.04% of their portfolio | 12.7m $1.9bn | Reduced -1.8m |
| Capital World Investors 0.19% of their portfolio | 8.8m $1.3bn | Added +779.0k |
| STATE STREET CORP 0.04% of their portfolio | 8.0m $1.2bn | Added +159.3k |
| NORGES BANK 0.10% of their portfolio | 5.4m $795.9m | Added +27.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 3.3m $488.9m | Added +54.1k |
| APG Asset Management US Inc. 3.44% of their portfolio | 3.1m $459.3m | Added +14.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.10% of their portfolio | 2.2m $327.0m | Added +17.1k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 2.1m $313.6m | Added +166.2k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 2.0m $299.5m | Reduced -736.8k |
| Invesco Ltd. 0.05% of their portfolio | 1.8m $271.7m | Added +430.4k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.90% of their portfolio | 1.8m $267.7m | Added +65.9k |
| DEUTSCHE BANK AG\ 0.10% of their portfolio | 1.8m $264.5m | Added +91.5k |
| MORGAN STANLEY 0.02% of their portfolio | 1.8m $263.2m | Reduced -915.4k |
| FMR LLC 0.01% of their portfolio | 1.7m $255.6m | Reduced -557.0k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 1.7m $249.5m | Reduced -2.8k |
| Legal & General Group Plc 0.06% of their portfolio | 1.5m $223.6m | Added +12.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 1.4m $212.2m | Added +50.3k |
| Nuveen, LLC 0.04% of their portfolio | 1.1m $159.5m | Added +176.6k |
| COHEN & STEERS, INC. 0.24% of their portfolio | 881.7k $130.5m | Added +881.5k |
| 1832 Asset Management L.P. 0.23% of their portfolio | 872.8k $129.2m | Reduced -76.9k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 813.7k $120.4m | Added +482.7k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 768.8k $113.8m | Reduced -10.4k |
| Russell Investments Group, Ltd. 0.14% of their portfolio | 765.6k $113.3m | Added +38.0k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 759.7k $112.4m | Added +192.0k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 1.26% of their portfolio | 725.3k $107.3m | Added +139.3k |
| Daiwa Securities Group Inc. 0.39% of their portfolio | 721.4k $106.8m | Added +593.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 712.5k $105.5m | Reduced -39.2k |
| River Road Asset Management, LLC 0.94% of their portfolio | 522.4k $74.4m | Added +104.2k |
| AEW CAPITAL MANAGEMENT L P 3.97% of their portfolio | 510.1k $75.5m | Reduced -118.5k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 498.7k $73.8m | Added +38.6k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 466.8k $69.1m | Added +126.3k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 447.7k $66.3m | Reduced -19.1k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 434.1k $64.2m | Reduced -134.1k |
| UBS Group AG 0.01% of their portfolio | 429.9k $63.6m | Added +9.5k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.25% of their portfolio | 370.1k $54.8m | Reduced -55.4k |
| Balyasny Asset Management L.P. 0.12% of their portfolio | 367.0k $54.3m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 359.3k $53.2m | Reduced -3.0k |
| ANCHOR CAPITAL ADVISORS LLC 1.55% of their portfolio | 356.7k $52.8m | Added +55.3k |
| Swiss National Bank 0.03% of their portfolio | 353.9k $52.4m | Added +24.2k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.33% of their portfolio | 329.5k $48.8m | Reduced -7.4k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 317.2k $46.9m | Added +255.8k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 308.4k $45.6m | Reduced -33.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio | 308.2k $45.6m | Added +16.8k |
| California Public Employees Retirement System 0.03% of their portfolio | 303.8k $45.0m | Reduced -24.6k |
| CRAWFORD INVESTMENT COUNSEL INC 0.76% of their portfolio | 294.3k $43.6m | Added +215.4k |
| Amundi 0.01% of their portfolio | 286.4k $42.7m | Added +10.9k |
| CANADA LIFE ASSURANCE Co 0.06% of their portfolio | 260.7k $38.6m | Added +24.7k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 258.0k $38.2m | Added +3.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 256.2k $37.9m | Added +20.6k |
| Asset Management One Co., Ltd. 0.11% of their portfolio | 237.2k $35.1m | Reduced -4.2k |
| FIL Ltd 0.03% of their portfolio | 234.6k $34.7m | Added +30.1k |
| State of Tennessee, Department of Treasury 0.12% of their portfolio | 226.1k $33.5m | Added +35.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 222.4k $32.9m | Added +23.7k |
| Starwood Capital Group Management, L.L.C. 21.48% of their portfolio | 219.4k $32.5m | Unchanged |
| BARCLAYS PLC 0.01% of their portfolio | 212.1k $31.4m | Added +7.3k |
| Clarkston Capital Partners, LLC 0.66% of their portfolio | 210.0k $31.1m | Unchanged |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.10% of their portfolio | 208.1k $30.8m | Added +2.6k |
| Ceredex Value Advisors LLC 0.65% of their portfolio | 204.0k $30.2m | Added +17.6k |
| NOMURA ASSET MANAGEMENT CO LTD 0.08% of their portfolio | 203.3k $30.1m | Added +5.9k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 198.6k $29.4m | Reduced -8.3k |
| SNYDER CAPITAL MANAGEMENT L P 0.62% of their portfolio | 198.4k $29.4m | Added +7.5k |
| PRUDENTIAL FINANCIAL INC 0.04% of their portfolio | 195.9k $29.0m | Reduced -520.7k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 194.9k $28.8m | Reduced -8.0k |
| National Pension Service 0.02% of their portfolio | 194.0k $28.7m | Added +1.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.07% of their portfolio | 193.6k $28.7m | Added +38.4k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 192.2k $28.4m | Added +182.1k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 190.7k $28.2m | Reduced -15.8k |
| Perpetual Ltd 0.32% of their portfolio | 185.1k $27.4m | Added +4.8k |
| CITIGROUP INC 0.02% of their portfolio | 183.6k $27.2m | Added +49.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 181.7k $26.9m | Reduced -10.6k |
| Swedbank AB 0.03% of their portfolio | 176.8k $26.2m | First filing |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 176.7k $26.1m | Added +24.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 170.8k $25.3m | Added +158.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 170.3k $25.2m | Added +1.6k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 167.8k $24.8m | Added +33.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 167.6k $24.8m | Reduced -1.1m |
| Gotham Asset Management, LLC 0.15% of their portfolio | 164.9k $24.4m | Added +105.4k |
| Heitman Real Estate Securities LLC 1.65% of their portfolio | 157.6k $23.3m | New |
| HANCOCK WHITNEY CORP 0.42% of their portfolio | 150.1k $22.2m | New |
| Aberdeen Group plc 0.04% of their portfolio | 148.7k $22.0m | Reduced -130.2k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 144.2k $21.3m | Added +136.3k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.15% of their portfolio | 143.5k $21.2m | Unchanged |
| Investure, LLC 1.59% of their portfolio | 140.7k $20.8m | Unchanged |
| APG Asset Management N.V. 0.05% of their portfolio | 139.6k $17.6m | Added +4.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 131.4k $19.4m | Reduced -47.5k |
| Adelante Capital Management LLC 1.40% of their portfolio | 128.6k $19.0m | Added +58.0k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 126.4k $18.7m | Added +10.2k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.28% of their portfolio | 125.0k $18.5m | New |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 124.3k $18.4m | Reduced -5.5k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.03% of their portfolio | 124.3k $18.4m | Added +4.9k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.19% of their portfolio | 124.2k $18.4m | Reduced -288.7k |
| Andra AP-fonden 0.25% of their portfolio | 120.2k $17.8m | Added +64.9k |
| Korea Investment CORP 0.04% of their portfolio | 118.0k $17.5m | Added +51.4k |
| Capital International, Inc./CA/ 0.17% of their portfolio | 115.5k $17.1m | Added +44.9k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 113.2k $16.7m | Reduced -1.7k |
| ZACKS INVESTMENT MANAGEMENT 0.14% of their portfolio | 113.0k $16.7m | Added +319 |
| SG Americas Securities, LLC 0.07% of their portfolio | 112.4k $16.6m | Added +106.2k |
| CWM, LLC 0.06% of their portfolio | 109.1k $16.1m | Reduced -350 |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 107.0k $15.8m | Added +3.2k |