Smead Capital Management, Inc. Initiates New Position in The Macerich Company (MAC)
Smead Capital Management, Inc., a registered investment adviser, initiated a new position in The Macerich Company (NYSE:MAC) during Q3 2026, according to its most recent 13F…
01Smead Capital Management purchased 11.3 million shares of Macerich (MAC) in Q3 2026, valued at approximately $252.6 million.
02Macerich stock trades at $24.10 per share with a $4.7 billion market capitalization.
03Large institutional positions can signal conviction in a stock's value but may have changed since the Q3 filing date.
0413F filings are filed up to 45 days after quarter-end and should be analyzed with insider trades and analyst ratings for context.
Filing Details
Smead Capital Management, Inc., a registered investment adviser, initiated a new position in The Macerich Company (NYSE:MAC) during Q3 2026, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 11,298,361 shares of the Real Estate company, valued at approximately $252.6M as of the filing date.
Market Context
The Macerich Company's stock currently trades at $24.10 with a market capitalization of $4.7B.
A new institutional position can signal growing confidence in a company's prospects. When large asset managers like Smead Capital Management, Inc. establish stakes, it often reflects months of due diligence and a conviction that the stock is undervalued or poised for growth. Retail investors often track 13F filings to identify stocks that institutional money is moving into.
The Macerich Company operates in the Real Estate sector, where institutional ownership patterns can provide insight into how professional investors view the industry's near-term prospects.
The size of this position — $252.6 million — places it among the more significant institutional holdings in The Macerich Company. Large positions like this can influence trading dynamics and are closely watched by market participants tracking smart money flows.
Investors should note that 13F filings reflect holdings as of the end of the reporting quarter and are filed up to 45 days later. The position may have changed since the filing date. 13F data is most useful when analyzed alongside other signals such as insider transactions, analyst ratings, and fundamental trends.
A 13F filing is a quarterly SEC report required for institutional managers with over $100 million in assets. It discloses equity holdings, providing transparency into how firms like Smead Capital Management, Inc. position their portfolios.