Mid-America Apartment Communities

MAA • NYSE

Mid-America Apartment Communities is a reit - residential company in the real estate sector on NYSE, led by A. Bradley Hill, with a market cap of $15.5B. As of Q3 2025, 91% of shares are held by 712 institutional investors, with VANGUARD GROUP INC as the largest holder at 15.86%.

President and Chief Executive OfficerA. Bradley Hill

Market Cap$15.5B

REIT - Residential

Real Estate

Employees2.4K

Websitemaac.com

Country

United States of America

Overview

Overview of institutional ownership in MAA as of Q3 2025 with a market cap of $16.4B

All Institutions

Institutions: 712
Value Held: $15.0B
Shares Held: 107.2M
Avg Position: $21.0M
Median Position: $780.6K

Hedge Funds

Hedge Funds: 49
Value Held: $674.4M
Shares Held: 4.8M
Avg Position: $13.8M
Median Position: $2.2M

Ownership Breakdown

Institutional (non-HF)

87.35%

$14.3B

Hedge Funds

4.12%

$674.4M

Retail & Other

8.53%

$1.4B

Based on market cap of $16.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in MAA as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$2.6B 0.04% of portfolio	15.86% 18.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$1.7B 0.03% of portfolio	10.55% 12.4M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.1B 0.04% of portfolio	6.94% 8.1M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
C Capital World Investors Institution	-	$1.1B 0.15% of portfolio	6.72% 7.9M shares	Q3 2024 Held for 1y 2m	$730.00B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$471.1M 0.03% of portfolio	2.89% 3.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
A APG Asset Management US Inc. Pension/Endowment	Matilde Segarra Van Es CEO	$416.5M 3.07% of portfolio	2.58% 3.0M shares	≤ Q2 2013 Held for 12y 5m+	$13.5B
VIKING GLOBAL INVESTORS LP Hedge Fund•Long/Short	Ole Andreas Halvorsen CEO	$369.6M 0.96% of portfolio	2.26% 2.6M shares	Q1 2025 Held for 8 months	$38.5B
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$299.7M 0.04% of portfolio	1.83% 2.1M shares	≤ Q2 2013 Held for 12y 5m+	$782.01B
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	Edward Murray Maloney CEO	$288.9M 0.09% of portfolio	1.77% 2.1M shares	≤ Q2 2013 Held for 12y 5m+	$322.72B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$282.2M 0.04% of portfolio	1.73% 2.0M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B

Net Capital Flow

Institutional buying and selling activity for MAA in Q3 2025

Traded: +$63.6M
Buyers: 331
Sellers: 350
Total Bought: +$1.1B
Total Sold: −$1.0B
Avg Position: $18.6M

Biggest Buyers

Institution	Net Bought	Current Position
VIKING GLOBAL INVESTORS LP Hedge Fund•Long/Short	+$369.6M +2.6M shares	$369.6M 2.6M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	+$145.4M +1.0M shares	$168.8M 1.2M shares
River Road Asset Management, LLC Long Only Manager	+$48.6M +347.5K shares	$121.5M 869.9K shares
UBS Group AG Institution	+$39.4M +282.3K shares	$99.5M 712.2K shares
Invesco Ltd. ETF Provider	+$25.8M +184.5K shares	$282.2M 2.0M shares
STATE STREET CORP Institution	+$17.5M +125.1K shares	$1.1B 8.1M shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	+$17.0M +121.6K shares	$17.0M 121.6K shares
BARCLAYS PLC Institution	+$16.7M +119.5K shares	$46.3M 331.6K shares
B BROOKFIELD ASSET MANAGEMENT INC. RIA/Wealth	+$16.5M +118.0K shares	$16.5M 118.0K shares
G Gillson Capital LP Hedge Fund•Long/Short	+$15.2M +109.0K shares	$15.2M 109.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
FMR LLC Institution	−$176.8M −1.3M shares	$64.6M 462.0K shares
C Capital World Investors Institution	−$127.6M −913.0K shares	$1.1B 7.9M shares
COHEN & STEERS INC Institution	−$105.6M −756.1K shares	$17.6M 125.6K shares
D Daiwa Securities Group Inc. Institution	−$74.6M −534.1K shares	$26.2M 187.3K shares
JPMORGAN CHASE & CO Institution	−$65.3M −467.5K shares	$217.4M 1.6M shares
MORGAN STANLEY RIA/Wealth	−$53.9M −386.0K shares	$194.5M 1.4M shares
B BlackRock, Inc. Institution	−$53.7M −384.5K shares	$1.7B 12.4M shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	−$44.1M −315.8K shares	$205.6M 1.5M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$24.0M −172.0K shares	$3.2M 22.9K shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	−$19.7M −141.2K shares	$288.9M 2.1M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited MAA in Q3 2025

New Positions: 37
New Value: $15.1M
Exited Positions: 91
Exited Value: $91.6M

New Positions

Institution	Position Value
IMC-Chicago, LLC RIA/Wealth	$3.0M 21.6K shares
D Delta Global Management LP Hedge Fund•Market Neutral	$2.2M 16.0K shares
C Consolidated Investment Group LLC Institution	$1.6M 11.2K shares
F Farringdon Capital, Ltd. Institution	$1.5M 11.0K shares
A ABC ARBITRAGE SA Institution	$1.1M 8.1K shares
M Massar Capital Management, LP Institution	$1.0M 7.2K shares
APPLETON PARTNERS INC/MA RIA/Wealth	$914.8K 6.5K shares
I Inscription Capital, LLC RIA/Wealth	$794.9K 5.7K shares
D DRW Securities, LLC Institution	$457.3K 3.3K shares
Catalytic Wealth RIA, LLC RIA/Wealth	$380.9K 2.7K shares

Exited Positions

Institution	Previous Position
B BOWEN HANES & CO INC Institution	$14.8M 100.0K shares
C Cubist Systematic Strategies, LLC Institution	$12.1M 82.0K shares
E Employees Retirement System of Texas Institution	$8.8M 59.3K shares
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	$7.6M 51.0K shares
I IBEX WEALTH ADVISORS RIA/Wealth	$6.2M 42.2K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$5.7M 38.2K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$4.0M 27.3K shares
X XTX Topco Ltd Institution	$3.4M 23.1K shares
F FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND Institution	$2.9M 19.3K shares
Integrated Advisors Network LLC RIA/Wealth	$2.1M 14.5K shares

Options Activity

Institutions with the largest Call and Put options positions in MAA as of Q3 2025

Call Positions: 9
Call Value: $31.9M
Put Positions: 7
Put Value: $38.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$13.1M 939.0 contracts
J JANE STREET GROUP, LLC Institution	$8.1M 581.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$5.6M 402.0 contracts
BANK OF AMERICA CORP /DE/ Institution	$2.4M 170.0 contracts
Walleye Trading LLC RIA/Wealth	$1.2M 89.0 contracts
W WOLVERINE TRADING, LLC Institution	$914.8K 66.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$419.2K 30.0 contracts
Toroso Investments, LLC ETF Provider	$83.8K 6.0 contracts
LANDMARK INVESTMENT PARTNERS, L.P. Hedge Fund•Long/Short	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$26.0M 1.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$7.1M 511.0 contracts
J JANE STREET GROUP, LLC Institution	$2.6M 189.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.8M 131.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$391.2K 28.0 contracts
Walleye Trading LLC RIA/Wealth	$223.6K 16.0 contracts
P PEAK6 LLC Institution	- - contracts

Most Committed Institutions

Institutions with MAA as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
S Starwood Capital Group Management, L.L.C. Institution	-	17.38% $30.7M	0.19% 219.4K shares	Q3 2024 Held for 1y 2m	$176.4M
AEW CAPITAL MANAGEMENT L P Real Assets	Jonathan E Martin CEO	4.81% $86.3M	0.53% 617.5K shares	Q3 2020 Held for 5y 2m	$1.8B
PRING TURNER CAPITAL GROUP INC RIA/Wealth	Thomas John Kopas CEO	3.19% $5.2M	0.03% 37.3K shares	Q2 2024 Held for 1y 5m	$163.8M
HAHN CAPITAL MANAGEMENT LLC Long Only Manager	John David Schaeffer President	3.14% $6.6M	0.04% 47.0K shares	Q3 2016 Held for 9y 2m	$208.7M
F FIRST SABREPOINT CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	George Hiland Baxter Managing Partner	3.10% $7.7M	0.05% 55.0K shares	Q2 2024 Held for 1y 5m	$247.7M
A APG Asset Management US Inc. Pension/Endowment	Matilde Segarra Van Es CEO	3.07% $416.5M	2.58% 3.0M shares	≤ Q2 2013 Held for 12y 5m+	$13.5B
VIRGINIA WEALTH MANAGEMENT GROUP, INC. RIA/Wealth	Scott Richard Saal President	2.52% $4.4M	0.03% 31.3K shares	Q2 2022 Held for 3y 5m	$173.6M
Vert Asset Management LLC Institution	Sarah Jessica Adams Managing Partner	2.49% $7.4M	0.05% 53.1K shares	Q1 2024 Held for 1y 8m	$297.4M
H HEITMAN REAL ESTATE SECURITIES LLC Real Assets	Charles Pinckney Harbin Managing Partner	2.42% $35.4M	0.22% 253.3K shares	Q2 2025 Held for 5 months	$1.5B
B B&I Capital AG Institution	-	2.39% $6.9M	0.04% 49.5K shares	Q2 2024 Held for 1y 5m	$288.9M

Hedge Fund Spotlight

Discover hedge funds investing in MAA

MQS Management LLC

Hedge Fund • Global Macro

Portfolio ManagerRobert Yale Gelfond

Portfolio Value: $171.4M
Positions: 404
Last Reported: Q3 2025

Sector Allocation

Position in Mid-America Apartment Communities

Market Value: $828.0K
Shares Held: 5.9K
Portfolio Weight: 0.48%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Kimco Realty KIM	REIT - Retail Real Estate	$1.3M	0.77%
2 Hilton Worldwide HLT	Travel Lodging Consumer Cyclical	$1.2M	0.71%
3 Schlumberger SLB	Oil & Gas Equipment & Services Energy	$1.2M	0.70%