Exited position

Jeff Smith’s Macerich Co (MAC) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Starboard Value LPVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ3 2017Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares2.42MHighest verified quarter-end share count
Quarters reported4Verified quarters with shares above zero
What happened?

Starboard Value LP first reported Macerich Co in Q3 2017. The reported position was increased and reduced across later filings. The latest verified relationship event shows that Starboard Value LP sold the entire position in Q3 2018, and the stock is no longer reported in the latest verified portfolio.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q3 2018
Sold the entire position−1.15M shares · No shares reported at quarter-end
Q2 2018
Sold 52.4% of the position−1.27M shares · 1.15M shares remained
Filing context

Quarter-end price $56.83 · Estimated holding basis $56.20

Q1 2018
Bought 302.8% more+1.82M shares · 2.42M shares reported after the change
Filing context

Quarter-end price $56.02 · Estimated holding basis $56.20

Q4 2017
Bought 20.0% more+100.00K shares · 600.00K shares reported after the change
Filing context

Quarter-end price $65.68 · Estimated holding basis $56.76

Q3 2017
New position+500.00K shares · 500.00K shares reported
Filing context

Quarter-end price $54.97 · Estimated holding basis $54.97

Portfolio importance

How important was Macerich Co in Starboard Value LP’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight1.7%Q2 2018
Last reported rank#12of 16 reported positions
Peak portfolio weight3.0%Q1 2018
Best historical rank#10Q1 2018
At peak importanceQ1 2018
MAC
3.0%
Largest holding
17.7%
Cross-investor discovery

Who else owns Macerich Co?

Also reported by 2 other tracked investors in their latest verified filings.

George SorosSoros Fund Management
MAC0.6% of reported portfolio
Joel GreenblattGotham Asset Management
MAC0.0% of reported portfolio
Explore Macerich Co across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$22.612026-09-11

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

This tracker follows Starboard Value LP’s Form 13F disclosures—not Jeff Smith’s personal brokerage account. Form 13F reports quarter-end U.S.-listed positions and certain options, but it does not reveal exact trade dates, execution prices, short positions or the purpose of an option position.