SCHEDULE 13G/A: Smead Capital Management Discloses 7.21% Stake in The Macerich Company

Smead Capital Management, along with William W. Smead and Cole W. Smead, has reported a beneficial ownership of 7.21% in The Macerich Company's common stock as of March 31, 2025.

Summary

• Smead Capital Management, Inc., William W. Smead, and Cole W. Smead collectively reported beneficial ownership of 18,214,281 shares of The Macerich Company's Common Stock.
• This ownership represents 7.21% of the outstanding class of securities.
• The filing is an Amendment No. 2 to a Schedule 13G, indicating an update to a previously reported stake.
• The shares are held with sole voting power and sole dispositive power by the reporting persons.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, providing no explicit positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The disclosure of a significant ownership stake by an investment adviser and its principals may be viewed as a vote of confidence or a strategic investment, potentially influencing investor perception.

Key Dates

Keywords

Smead Capital Management, The Macerich Company, Beneficial Ownership, Schedule 13G, Common Stock, Investment Adviser, Real Estate, Retail REIT