# Macerich (MAC): value investors who own it | moatshark

1 value investor held Macerich in their Q3 2026 13F, led by Smead Capital Management. See who bought, sold and how ownership has changed by quarter.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Smead Capital Management | 5.4% | $253m | Trimmed -1.6% | 29 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-09-09 | Zecchini Christopher J | Chief Accounting Officer | Sold | 2740 | $64k |

## Fund holders

| Fund | Manager | Weight | Value | As at |
| --- | --- | --- | --- | --- |
| Smead Value Fund | Smead Capital Management | 5.5% | $214m | 2026-05-29 |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/mac). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.