13FPulse
MA

MAC MACERICH CO/THE

2026Q2 · CUSIP 554382101 · Sector: REITs

Piling in

Net holder growth ranks near the top of the market

Funds that own it
339
Institutions that reported holding it to the SEC
Net increase in holders
+32
Last quarter 307 → now 339
How unusual is that
Top 10%
Stronger buying than 90% of US stocks
What the filings say, in one paragraph

339 funds held MAC at the end of 2026Q2, up 32 from the quarter before. That is stronger buying than 90.3% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $1.0B(YoY +1.3%), return on equity is -6.0%. MAC has had 8 buying rushes in its history, and the price moved +10.4% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the REITs sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=290 2013Q4: holders=297 2014Q1: holders=301 2014Q2: holders=288 2014Q3: holders=303 2014Q4: holders=321 2015Q1: holders=345 2015Q2: holders=340 2015Q3: holders=323 2015Q4: holders=329 2016Q1: holders=349 2016Q2: holders=354 2016Q3: holders=352 2016Q4: holders=346 2017Q1: holders=316 2017Q2: holders=320 2017Q3: holders=323 2017Q4: holders=358 2018Q1: holders=344 2018Q2: holders=368 2018Q3: holders=357 2018Q4: holders=328 2019Q1: holders=337 2019Q2: holders=317 2019Q3: holders=322 2019Q4: holders=319 2020Q1: holders=265 2020Q2: holders=271 2020Q3: holders=273 2020Q4: holders=273 2021Q1: holders=291 2021Q2: holders=285 2021Q3: holders=293 2021Q4: holders=316 2022Q1: holders=306 2022Q2: holders=293 2022Q3: holders=280 2022Q4: holders=286 2023Q1: holders=266 2023Q2: holders=254 2023Q3: holders=267 2023Q4: holders=273 2024Q1: holders=280 2024Q2: holders=276 2024Q3: holders=273 2024Q4: holders=292 2025Q1: holders=289 2025Q2: holders=289 2025Q3: holders=300 2025Q4: holders=303 2026Q1: holders=307 2026Q2: holders=339 -54 -27 +0 +27 +54 228308387 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 8 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 10%
2023Q3 Top 20% +33.5% +55.6%
2018Q2 Top 10% -4.7% -9.2%
2017Q4 Top 20% -2.3% -7.3%
2016Q1 Top 10% +17.1% +15.1%
2015Q1 Top 10% -8.1% -2.8%
2014Q4 Top 20% -3.7% +0.1%
2014Q3 Top 10% +22.7% +21.6%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
176
Change in large funds
+20
Total value they hold
$7.8B
Funds buying for the first time
64
Funds that sold out entirely
32
Price change that quarter
+7.8%
Funds holding puts (bearish)
3
Funds holding calls (bullish)
7

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
EPS (TTM)
$-0.66
EPS YoY
Revenue (TTM)
$1.0B
Revenue YoY
+1.3%
Net margin
-16.9%
ROE
-6.0%
Debt ratio
65.9%
FCF (TTM)
Dividend (TTM)
$0.68
Quarterly Revenue & EPS
2021-09-30: EPS 0.50 2021-12-31: EPS 0.03 2022-03-31: EPS -0.17 2022-06-30: EPS -0.07 2022-09-30: EPS -0.07 2022-12-31: EPS 0.00 2023-03-31: EPS -0.27 2023-06-30: EPS -0.07 2023-09-30: EPS -1.22 2023-12-31: EPS 0.28 2024-03-31: EPS -0.59 2024-06-30: EPS 1.16 2024-09-30: EPS -0.50 2024-12-31: EPS -0.95 2025-03-31: EPS -0.20 2025-06-30: EPS -0.16 2025-09-30: EPS -0.34 2025-12-31: EPS -0.08 2026-03-31: EPS -0.14 2026-06-30: EPS -0.10 0M 137M 274M $M -1.34 -0.03 1.28 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
30 42 55 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

As of 2026-06-30 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.