Macerich Co (MAC) shareholders
MACNYSEReal Estate Investment TrustsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 6/30116% above fair value
$25.07−0.21 (-0.83%)
Close on Nov 13, 2026Market cap $7.11BP/E –Yield 2.71%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
311M of 284M shares
Institutional holders
347
65 new, 21 sold out
Net institutional buying
53M
In Q2 2026
Insider trades, 12 months
0 buys · 1 sales
Net sold $63.79K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 45,727,700 | 17.50% | 13G (passive) amendment | Dec 31, 2024 |
| Vanguard Portfolio Management | 28,613,294 | 10.09% | 13G (passive) amendment | Aug 31, 2026 |
| Abigail P. Johnson Joint filing with FMR LLC (10.20%) | 26,502,907 | 10.20% | 13G (passive) amendment | Apr 30, 2026 |
| FMR LLC Joint filing with Abigail P. Johnson (9.30%) | 23,912,076 | 9.30% | 13G (passive) amendment | Mar 31, 2026 |
| Smead Capital Management, Inc. Joint filing with William W. Smead (7.21%), Cole W. Smead (7.21%) | 18,214,281 | 7.21% | 13G (passive) amendment | Mar 31, 2025 |
| State Street Corporation | 16,342,649 | 5.50% | 13G (passive) | Jun 30, 2026 |
| Cole W. Smead Joint filing with Smead Capital Management, Inc. (5.45%), William W. Smead (5.45%) | 13,963,805 | 5.45% | 13G (passive) amendment | Dec 31, 2025 |
| Vanguard Capital Management | 13,593,968 | 5.29% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MAC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 54,737,438 | 19.30% | $1.38B | +8,478,335 | 0.02% |
| FMR LLC | 31,461,342 | 11.10% | $792.51M | +7,413,950 | 0.03% |
| Vanguard Portfolio Management LLC | 27,314,692 | 9.63% | $688.06M | +1,748,833 | 0.03% |
| State Street Corp | 16,342,649 | 5.76% | $411.67M | +1,561,563 | 0.01% |
| Vanguard Capital Management LLC | 12,682,019 | 4.47% | $319.46M | +1,209,413 | 0.01% |
| Smead Capital Management, Inc. | 11,481,712 | 4.05% | $289.22M | −673,620 | 6.20% |
| Centersquare Investment Management LLC | 8,999,366 | 3.17% | $226.69M | +1,724,762 | 1.93% |
| Geode Capital Management, LLC | 8,667,541 | 3.06% | $218.37M | +1,812,483 | 0.01% |
| Principal Financial Group Inc | 7,014,637 | 2.47% | $176.70M | +5,769,806 | 0.09% |
| Charles Schwab Investment Management Inc | 5,783,144 | 2.04% | $145.68M | +568,675 | 0.02% |
| T. Rowe Price Investment Management, Inc. | 5,656,764 | 1.99% | $142.49M | −1,223,592 | 0.09% |
| Deutsche Bank AG\ | 5,515,222 | 1.94% | $138.93M | +5,112,622 | 0.04% |
| Resolution Capital Ltd | 5,439,786 | 1.92% | $137.03M | +1,055,606 | 2.52% |
| Morgan Stanley | 5,196,073 | 1.83% | $130.89M | +2,588,336 | 0.01% |
| Bamco Inc /Ny/ | 4,999,756 | 1.76% | $125.94M | +915,063 | 0.19% |
| Wellington Management Group Llp | 4,674,803 | 1.65% | $117.76M | −378,868 | 0.02% |
| Dimensional Fund Advisors LP | 4,222,022 | 1.49% | $106.36M | +373,909 | 0.02% |
| Northern Trust Corp | 3,870,527 | 1.36% | $97.50M | −598,564 | 0.01% |
| Goldman Sachs Group Inc | 3,644,167 | 1.29% | $91.80M | +174,203 | 0.01% |
| Canada Pension Plan Investment Board | 3,253,097 | 1.15% | $81.95M | +3,237,697 | 0.05% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 347 | 311M | 100.0% | 65 / 153 | 79 / 21 | 69M | 16M |
| Q1 2026 | 309 | 260M | 91.7% | 40 / 132 | 84 / 29 | 60M | 29M |
| Q4 2025 | 302 | 267M | 94.1% | 52 / 116 | 88 / 42 | 27M | 24M |
| Q3 2025 | 300 | 264M | 93.2% | 44 / 107 | 93 / 32 | 29M | 18M |
| Q2 2025 | 289 | 253M | 89.2% | 37 / 126 | 88 / 35 | 15M | 17M |
| Q1 2025 | 289 | 255M | 89.9% | 31 / 126 | 87 / 31 | 29M | 24M |
| Q4 2024 | 291 | 251M | 88.4% | 52 / 138 | 65 / 33 | 51M | 13M |
| Q3 2024 | 274 | 213M | 75.0% | 33 / 99 | 100 / 33 | 66M | 16M |
| Q2 2024 | 275 | 203M | 71.7% | 42 / 94 | 95 / 45 | 19M | 16M |
| Q1 2024 | 280 | 201M | 70.9% | 44 / 92 | 104 / 35 | 21M | 16M |
| Q4 2023 | 273 | 196M | 69.3% | 41 / 92 | 93 / 34 | 15M | 14M |
| Q3 2023 | 268 | 196M | 69.1% | 32 / 97 | 90 / 17 | 21M | 21M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
349 funds held MAC in Q2 2026, 53% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of MAC | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 17,051,940 | 6.01% | $429.54M | 0.39% | Jun 30, 2026 |
| Vanguard Real Estate Index Fund | 9,763,752 | 3.44% | $252.30M | 0.35% | Jul 31, 2026 |
| Smead Value Fund | 9,518,366 | 3.36% | $214.35M | 5.52% | May 29, 2026 |
| Vanguard Total Stock Market Index Fund | 8,919,737 | 3.15% | $224.69M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 7,093,314 | 2.50% | $178.68M | 0.22% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 6,437,157 | 2.27% | $162.15M | 0.09% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 4,076,211 | 1.44% | $102.68M | 0.15% | Jun 30, 2026 |
| Baron Real Estate Fund | 3,860,008 | 1.36% | $97.23M | 4.24% | Jun 30, 2026 |
| VIP Mid Cap Portfolio | 3,539,400 | 1.25% | $89.16M | 0.93% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 3,252,239 | 1.15% | $81.92M | 0.08% | Jun 30, 2026 |
| Fidelity Value Fund | 3,235,100 | 1.14% | $83.59M | 0.80% | Jul 31, 2026 |
| Fidelity Small Cap Index Fund | 3,130,996 | 1.10% | $80.90M | 0.24% | Jul 31, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 2,949,423 | 1.04% | $74.30M | 0.70% | Jun 30, 2026 |
| Real Estate Securities Fund | 2,674,702 | 0.94% | $69.11M | 0.98% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 2,599,911 | 0.92% | $65.49M | 0.39% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Jackson Hsieh | President and CEO, Director | 226,500 | 0.08% | Mar 5, 2025 |
| Christopher J. Zecchini | Chief Accounting Officer | 847 | 0.00% | Sep 9, 2026 |
| Daniel E. Swanstrom II | SEVP, Chief Financial Officer | 0 | – | Feb 18, 2026 |
| Ann C. Menard | Chief Legal Officer/Secretary | 30,633 | 0.01% | Feb 18, 2026 |
| Doug J. Healey | Senior EVP, Head of Leasing | 146,223 | 0.05% | Feb 18, 2026 |
| Enrique Hernandez Jr | Director | 89,860 | 0.03% | Jul 1, 2026 |
| Andrea M. Stephen | Director | 104,921 | 0.04% | Jul 1, 2026 |
| Daniel J. Hirsch | Director | 96,630 | 0.03% | Jun 2, 2026 |
| Steve Hash | Director | 156,153 | 0.06% | Jun 2, 2026 |
| Devin Ignatius Murphy | Director | 24,621 | 0.01% | Jun 2, 2026 |
| Marianne Lowenthal | Director | 43,596 | 0.02% | Jun 2, 2026 |
| Diana Laing | Director | 163,291 | 0.06% | Jun 2, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Christopher J. Zecchini Chief Accounting Officer | Sep 9, 2026 | Sale | −2,740 | $23.28 | $63.79K | 847 |
| Steve Hash Director | Jun 1, 2026 | Award | +9,520 | – | – | 156,153 |
| Diana Laing Director | Jun 1, 2026 | Award | +6,720 | – | – | 163,291 |
| Devin Ignatius Murphy Director | Jun 1, 2026 | Award | +6,720 | – | – | 24,621 |
| Enrique Hernandez Jr Director | Jun 1, 2026 | Award | +6,720 | – | – | 71,444 |
| Marianne Lowenthal Director | Jun 1, 2026 | Award | +6,720 | – | – | 43,596 |
| Andrea M. Stephen Director | Jun 1, 2026 | Award | +6,720 | – | – | 104,921 |
| Daniel J. Hirsch Director | Jun 1, 2026 | Award | +6,720 | – | – | 91,898 |
| Marianne Lowenthal Director | Sep 24, 2025 | Sale | −6,000 | $17.13 | $102.78K | 36,876 |
| Christopher J. Zecchini Chief Accounting Officer | Aug 15, 2025 | Sale | −9,500 | $17.17 | $163.12K | 3,587 |
| Marianne Lowenthal Director | Jun 2, 2025 | Award | +8,348 | – | – | 42,876 |
| Diana Laing Director | Jun 2, 2025 | Award | +8,348 | – | – | 155,946 |
| Andrea M. Stephen Director | Jun 2, 2025 | Award | +8,348 | – | – | 94,788 |
| Steve Hash Director | Jun 2, 2025 | Award | +12,213 | – | – | 141,757 |
| Devin Ignatius Murphy Director | Jun 2, 2025 | Award | +8,348 | – | – | 17,487 |
| Enrique Hernandez Jr Director | Jun 2, 2025 | Award | +8,348 | – | – | 26,657 |
| Daniel J. Hirsch Director | Jun 2, 2025 | Award | +8,348 | – | – | 82,256 |
| Devin Ignatius Murphy Director | Mar 14, 2025 | Buy | +7,000 | $16.40 | $114.80K | 9,118 |
| Jackson Hsieh President and CEO, Director | Mar 4, 2025 | Buy | +56,000 | $17.75 | $994.00K | 226,500 |
| Devin Ignatius Murphy Director | Feb 1, 2025 | Award | +2,118 | – | – | 2,118 |
| Andrea M. Stephen Director | Dec 26, 2024 | Sale | −63,289 | $20.59 | $1.30M | 0 |
| Doug J. Healey Senior EVP, Head of Leasing | Aug 5, 2024 | Gift | −60 | – | – | 78,427 |
| Diana Laing Director | Jul 18, 2024 | Award | +7,251 | – | – | 147,385 |
| Eric Brandt Director | May 30, 2024 | Award | +9,103 | – | – | 62,978 |
| Steve Hash Director | May 30, 2024 | Award | +13,317 | – | – | 125,328 |
| Marianne Lowenthal Director | May 30, 2024 | Award | +9,103 | – | – | 34,528 |
| Enrique Hernandez Jr Director | May 30, 2024 | Award | +9,103 | – | – | 36,249 |
| Daniel J. Hirsch Director | May 30, 2024 | Award | +9,103 | – | – | 71,106 |
| Andrea M. Stephen Director | May 30, 2024 | Award | +9,103 | – | – | 83,479 |
| Kenneth Volk EVP, Business Development | May 10, 2024 | Buy | +5,000 | $15.41 | $77.05K | 51,924 |
| Scott W. Kingsmore Chief Financial Officer | May 9, 2024 | Buy | +6,000 | $16.06 | $96.36K | 42,310 |
| Ann C. Menard Chief Legal Officer/Secretary | May 8, 2024 | Buy | +4,865 | $15.41 | $74.97K | 20,633 |
| Doug J. Healey Senior EVP, Head of Leasing | May 7, 2024 | Buy | +7,500 | $15.20 | $114.00K | 78,487 |
| Jackson Hsieh President and CEO, Director | May 6, 2024 | Buy | +140,000 | $14.26 | $2.00M | 170,500 |
| Edward C. Coppola Director | Mar 28, 2024 | Sale | −75,000 | $17.19 | $1.29M | 560,667 |
| Edward C. Coppola Director | Mar 27, 2024 | Sale | −20,000 | $17.01 | $340.20K | 635,667 |
| Hern Thomas E. O Director | Mar 20, 2024 | Sale | −95,000 | $16.94 | $1.61M | 102,900 |
| Hern Thomas E. O Director | Mar 14, 2024 | Sale | −7,964 | $16.39 | $130.53K | 0 |
| Edward C. Coppola President, Director | Feb 20, 2024 | Sale | −50,000 | $17.20 | $860.00K | 655,667 |
| Christopher J. Zecchini Chief Accounting Officer | Jan 18, 2024 | Award | +2,541 | – | – | 13,087 |
| Steven L. Soboroff Director | May 31, 2023 | Award | +14,004 | – | – | 47,191 |
| Eric Brandt Director | May 31, 2023 | Award | +14,004 | – | – | 53,875 |
| Enrique Hernandez Jr Director | May 31, 2023 | Award | +14,004 | – | – | 25,924 |
| Marianne Lowenthal Director | May 31, 2023 | Award | +14,004 | – | – | 25,425 |
| Andrea M. Stephen Director | May 31, 2023 | Award | +14,004 | – | – | 71,079 |
| Steve Hash Director | May 31, 2023 | Award | +20,487 | – | – | 107,341 |
| Daniel J. Hirsch Director | May 31, 2023 | Award | +14,004 | – | – | 58,915 |
| Peggy Alford Director | May 31, 2023 | Award | +14,004 | – | – | 54,423 |
| Christopher J. Zecchini Chief Accounting Officer | Jan 19, 2023 | Award | +3,088 | – | – | 10,546 |
| Edward C. Coppola President, Director | Jan 1, 2023 | Award | +79,928 | – | – | 705,667 |
| Christopher J. Zecchini Chief Accounting Officer | Nov 29, 2022 | Sale | −2,000 | $12.65 | $25.30K | 7,458 |
| Scott W. Kingsmore Chief Financial Officer | Sep 26, 2022 | Buy | +4,000 | $7.55 | $30.20K | 36,310 |
| Kenneth Volk EVP, Business Development | Sep 26, 2022 | Buy | +10,000 | $7.58 | $75.80K | 46,924 |
| Hern Thomas E. O Chief Executive Officer, Director | Sep 23, 2022 | Buy | +12,820 | $7.77 | $99.61K | 197,900 |
| Edward C. Coppola President, Director | Sep 23, 2022 | Buy | +50,000 | $7.98 | $399.00K | 625,739 |
| Christopher J. Zecchini Chief Accounting Officer | Sep 20, 2022 | Sale | −2,000 | $8.74 | $17.48K | 9,458 |
| Doug J. Healey Senior EVP, Head of Leasing | Sep 19, 2022 | Buy | +2,800 | $8.92 | $24.98K | 67,796 |
| Ann C. Menard Chief Legal Officer/Secretary | Sep 19, 2022 | Buy | +2,797 | $8.94 | $25.01K | 14,494 |
| Hern Thomas E. O Chief Executive Officer, Director | Sep 19, 2022 | Buy | +11,100 | $8.99 | $99.79K | 185,080 |
| Hern Thomas E. O Chief Executive Officer, Director | Sep 16, 2022 | Buy | +11,100 | $8.97 | $99.57K | 173,980 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
11.93%
34M shares short
Days to cover
11.0
At 3M shares a day
Change since last report
+0.4%
From 34M shares
Short volume, 20 days
55.2%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Macerich's stock actually held short. Settlement fails (shares not delivered on time) peaked at 34,388 shares on Sep 9, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| O'Hern Living Trust U/A/D 11-23-98 Thomas O'Hern TTEE O'Hern Liv Trust, Retired CEO | Nov 12, 2024 | 57,200 | $1.12M | Nov 12, 2024 | Open Market Purchase |
| O'Hern Living Trust U/A/D 11/23/1998 Officer | Mar 20, 2024 | 95,000 | $1.60M | Mar 20, 2024 | Open Market Purchase |
| Edward C. Coppola Officer | Feb 20, 2024 | 350,000 | $6.03M | Feb 20, 2024 | Restricted Stock Units |
See a number that looks wrong?