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MAC Macerich

Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT), which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence on the West Coast and in Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has earned CDP A List status for five years and achieved the GRESB Green Star rating in the North American Retail Sector for six consecutive years, 2015-2020.

Company profile

MAC stock data

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Calendar

10 May 21
27 Jul 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
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Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
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Financial data from Macerich earnings reports.

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
12 Jul 21 Soboroff Steven L Common Stock Sell Dispose S Yes No 18.04 2,103 37.94K 0
18 Jun 21 Zecchini Christopher J Common Stock Sell Dispose S No No 17.268 2,500 43.17K 11,460
28 May 21 Peggy Alford Common Stock Grant Aquire A No No 0 8,485 0 28,998
28 May 21 John H Alschuler JR Common Stock Grant Aquire A No No 0 8,485 0 45,165
28 May 21 Stephen Andrea M Common Stock Grant Aquire A No No 0 8,485 0 40,637

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

82.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 293 275 +6.5%
Opened positions 70 55 +27.3%
Closed positions 52 46 +13.0%
Increased positions 96 89 +7.9%
Reduced positions 74 84 -11.9%
13F shares
Current Prev Q Change
Total value 1.75B 1.52B +14.5%
Total shares 147.99M 145.9M +1.4%
Total puts 5.23M 10.76M -51.4%
Total calls 3.59M 3.9M -7.8%
Total put/call ratio 1.5 2.8 -47.3%
Largest owners
Shares Value Change
BLK Blackrock 21.88M $255.96M +4.1%
Vanguard 19.14M $223.96M +7.4%
Passive Investment Trust 7.35M $95.55M -27.8%
STT State Street 7.15M $83.68M -1.7%
Smead Capital Management 7.04M $82.42M +41.4%
JPM JPMorgan Chase & Co. 5.9M $69.02M +160.1%
GIC Private 5M $53.35M 0.0%
Susquehanna International 3.49M $40.82M +127.9%
Millennium Management 2.85M $33.4M +1475.7%
NTRS Northern Trust 2.85M $33.35M -3.4%
Largest transactions
Shares Bought/sold Change
Ontario Teachers Pension Plan Board 0 -24.56M EXIT
JPM JPMorgan Chase & Co. 5.9M +3.63M +160.1%
Passive Investment Trust 7.35M -2.83M -27.8%
Millennium Management 2.85M +2.67M +1475.7%
Aew Capital Management L P 2.54M +2.54M NEW
FIL 1.07M -2.49M -70.0%
FMR 2.38M +2.38M +308342.4%
Smead Capital Management 7.04M +2.06M +41.4%
Susquehanna International 3.49M +1.96M +127.9%
Norges Bank 0 -1.95M EXIT

Financial report summary

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Management Discussion
  • Many of the variations in the results of operations, discussed below, occurred because of the transactions affecting the Company's properties described in Management's Overview and Summary above, including the Redevelopment Properties and the Disposition Property (as defined below).
  • For purposes of the discussion below, the Company defines "Same Centers" as those Centers that are substantially complete and in operation for the entirety of both periods of the comparison. Non-Same Centers for comparison purposes include those Centers or properties that are going through a substantial redevelopment often resulting in the closing of a portion of the Center (“Redevelopment Properties”), those properties that have recently transitioned to or from equity method joint ventures to or from consolidated assets ("JV Transition Centers") and properties that have been disposed of ("Disposition Property"). The Company moves a Center in and out of Same Centers based on whether the Center is substantially complete and in operation for the entirety of both periods of the comparison. Accordingly, the Same Centers consist of all consolidated Centers, excluding the Redevelopment Properties, the JV Transition Centers and the Disposition Property, for the periods of comparison.
  • For the comparison of the three months ended March 31, 2021 to the three months ended March 31, 2020, the JV Transition Centers are Fashion District Philadelphia and Sears South Plains. For the comparison of the three months ended March 31, 2021 to the three months ended March 31, 2020, the Disposition Property is Paradise Valley Mall.
Content analysis
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