Vanguard Portfolio Management Discloses 9.99% Stake in Macerich Co (MAC)

On April 29, 2026, Vanguard Portfolio Management LLC filed a Schedule 13G/A disclosing a significant position in Macerich Co/The (MAC). As of the event date on March 31, 2026, the filer reported beneficial ownership of 25,664,934 shares of Common Stock, representing a 9.99% ownership stake in the company. This filing marks a substantial increase from a previously reported 0% position, indicating a major new accumulation of shares. The reporting entity, an investment adviser based in Malvern, PA, holds sole dispositive power over all 25,664,934 shares, while maintaining sole voting power over a smaller portion of 99,075 shares. The filing clarifies that these securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The holdings include shares managed by Vanguard funds and affiliates such as Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. No other single person's interest in these securities exceeds 5%.