ARBOR REALTY TRUST INC ABR
COM · REIT · CUSIP 038923108 · ISIN US0389231087
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersUniondale, NY
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($444.9k this quarter). Holder counts are more reliable. Shares outstanding: 192.3m as of 2025-07-25, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $10.71. Options: 23 managers hold calls ($98.1m notional), 22 hold puts ($130.7m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 262 |
| Q4 2022 | 283 |
| Q1 2023 | 289 |
| Q2 2023 | 296 |
| Q3 2023 | 297 |
| Q4 2023 | 317 |
| Q1 2024 | 335 |
| Q2 2024 | 323 |
| Q3 2024 | 320 |
| Q4 2024 | 334 |
| Q1 2025 | 332 |
| Q2 2025 | 309 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 158 | 123 |
| Q4 2023 | 173 | 104 |
| Q1 2024 | 172 | 142 |
| Q2 2024 | 156 | 150 |
| Q3 2024 | 161 | 131 |
| Q4 2024 | 164 | 120 |
| Q1 2025 | 144 | 170 |
| Q2 2025 | 152 | 149 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $243.8m | $263.5m | 1.08 |
| Q4 2024 | $189.7m | $361.0m | 1.90 |
| Q1 2025 | $139.0m | $204.6m | 1.47 |
| Q2 2025 | $98.1m | $130.7m | 1.33 |
Biggest buyers
| Valiant Capital Management, L.P. | New | +3.8m |
| MARSHALL WACE, LLP | New | +2.5m |
| Balyasny Asset Management L.P. | New | +2.0m |
| Schonfeld Strategic Advisors LLC | New | +1.1m |
| BlackRock, Inc. | Added | +352.9k |
| VANGUARD GROUP INC | Added | +320.0k |
| Advisors Asset Management, Inc. | Added | +236.5k |
| BARCLAYS PLC | Added | +226.2k |
| WASATCH ADVISORS LP | Added | +197.9k |
| ROYAL BANK OF CANADA | Added | +197.9k |
Biggest sellers
| ProShare Advisors LLC | Reduced | -579.7k |
| LSV ASSET MANAGEMENT | Reduced | -388.1k |
| Cambridge Investment Research Advisors, Inc. | Reduced | -357.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -294.5k |
| RAYMOND JAMES FINANCIAL INC | Reduced | -286.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -245.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -221.3k |
| TUDOR INVESTMENT CORP ET AL | Reduced | -213.4k |
| COOPERMAN LEON G | Reduced | -200.0k |
| NORGES BANK | Reduced | -177.9k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $18.5m1.7m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $17.7m1.7m shares |
| NOMURA HOLDINGS INC | Added | $17.1m1.6m shares |
| CITIGROUP INC | Added | $9.6m900.9k shares |
| CITADEL ADVISORS LLC | Reduced | $9.0m844.0k shares |
| PEAK6 LLC | Added | $6.9m645.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.1m479.8k shares |
| FOURSIXTHREE CAPITAL LP | New | $4.4m412.5k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | New | $2.2m205.0k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $2.1m200.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $31.3m2.9m shares |
| Parallax Volatility Advisers, L.P. | Added | $25.0m2.3m shares |
| GROUP ONE TRADING LLC | Reduced | $15.3m1.4m shares |
| Centiva Capital, LP | Reduced | $15.2m1.4m shares |
| UBS Group AG | Reduced | $6.7m628.7k shares |
| Valiant Capital Management, L.P. | Reduced | $6.4m600.7k shares |
| CITADEL ADVISORS LLC | Reduced | $4.8m452.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.7m435.1k shares |
| Walleye Trading LLC | Added | $4.5m425.2k shares |
| NOMURA HOLDINGS INC | Reduced | $4.5m424.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| KAUFMAN IVAN 13G · exempt (held before listing) no change · filed 2026-02-13 | 7.2% |
| ARBOR COMMERCIAL MORTGAGE LLC 13G · exempt (held before listing) -0.2 pts · filed 2026-02-13 | 6.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 3 | $2.3m | 2 | $999.6k | — |
| Q1 2024 | 1 | $132.0k | 0 | — | — |
| Q2 2024 | 1 | $70.5k | 0 | — | — |
| Q3 2024 | 2 | $163.9k | 0 | — | — |
| Q4 2024 | 1 | $74.7k | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 5 | $2.2m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-03 | Green William C Director | Bought | $130.6k13.8k shares |
| 2025-05-22 | KAUFMAN IVAN COB, CEO and President, director | Bought | $522.0k60.0k shares |
| 2025-05-22 | Elenio Paul Chief Financial Officer | Bought | $84.8k10.0k shares |
| 2025-05-22 | Friedman David Erwin CCO & Head of Non-Agcy Prod | Bought | $39.3k4.5k shares |
| 2025-05-22 | Ottaviano Gianni EVP, Struc Fin Prod | Bought | $25.0k2.9k shares |
| 2025-05-21 | KAUFMAN IVAN COB, CEO and President, director | Bought | $1.3m140.0k shares |
| 2025-05-21 | Ottaviano Gianni EVP, Struc Fin Prod | Bought | $15.5k1.7k shares |
| 2025-05-20 | KAUFMAN IVAN COB, CEO and President, director | Bought | $99.8k10.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 26.1m $279.5m | Added +352.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 19.5m $208.6m | Added +320.0k |
| STATE STREET CORP 0.00% of their portfolio | 7.3m $78.5m | Added +54.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.6m $48.8m | Added +131.7k |
| Valiant Capital Management, L.P. 3.10% of their portfolio | 3.8m $40.2m | New |
| WASATCH ADVISORS LP 0.19% of their portfolio | 3.4m $36.4m | Added +197.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.0m $31.9m | Reduced -221.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 2.7m $28.6m | Added +122.4k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 2.5m $26.4m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.4m $25.2m | Added +44.1k |
| Invesco Ltd. 0.00% of their portfolio | 2.2m $23.1m | Reduced -38.4k |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 2.0m $21.5m | New |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $19.4m | Reduced -160.6k |
| COOPERMAN LEON G 0.68% of their portfolio | 1.8m $19.3m | Reduced -200.0k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 1.3m $14.3m | Added +159.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.3m $13.7m | Added +32.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.2m $13.0m | Added +44.3k |
| Schonfeld Strategic Advisors LLC 0.09% of their portfolio | 1.1m $11.5m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio | 991.7k $10.6m | Added +67.8k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 953.3k $10.2m | Reduced -286.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 952.7k $10.2m | Added +13.8k |
| Melia Wealth LLC 4.56% of their portfolio | 889.3k $9.5m | Added +112.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 691.0k $7.4m | Reduced -86.0k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 655.1k $7.0m | Added +56.9k |
| CERTUITY, LLC 0.60% of their portfolio | 600.0k $6.4m | Unchanged |
| Advisors Asset Management, Inc. 0.11% of their portfolio | 564.3k $6.0m | Added +236.5k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 564.0k $6.0m | Added +23.4k |
| LPL Financial LLC 0.00% of their portfolio | 550.7k $5.9m | Added +5.2k |
| Legal & General Group Plc 0.00% of their portfolio | 526.0k $5.6m | Added +22.3k |
| UBS Group AG 0.00% of their portfolio | 506.0k $5.4m | Added +87.1k |
| BARCLAYS PLC 0.00% of their portfolio | 486.8k $5.2m | Added +226.2k |
| Nuveen, LLC 0.00% of their portfolio | 403.9k $4.3m | Reduced -51.4k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 391.4k $4.2m | Reduced -388.1k |
| Kestra Investment Management, LLC 0.07% of their portfolio | 387.8k $4.3m | Added +62.5k |
| Squarepoint Ops LLC 0.01% of their portfolio | 384.3k $4.1m | Added +36.3k |
| Swiss National Bank 0.00% of their portfolio | 362.2k $3.9m | Reduced -3.3k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 343.7k $3.7m | Reduced -10.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 330.1k $3.5m | Added +197.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 261.9k $2.8m | Reduced -294.5k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.08% of their portfolio | 254.5k $2.7m | Reduced -30.2k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 241.5k $2.6m | Added +69.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 239.3k $2.6m | Reduced -11.3k |
| Pathstone Holdings, LLC 0.01% of their portfolio | 237.8k $2.5m | Added +69.8k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 236.4k $2.5m | Reduced -87.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 233.5k $2.5m | Reduced -36.9k |
| CITIGROUP INC 0.00% of their portfolio | 226.1k $2.4m | Reduced -69.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 219.9k $2.4m | Reduced -40.2k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 209.5k $2.2m | Added +49.8k |
| PFG Investments, LLC 0.13% of their portfolio | 205.4k $2.2m | Reduced -14.4k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 200.0k $2.9m | Added +15.3k |
| QRG CAPITAL MANAGEMENT, INC. 0.02% of their portfolio | 191.5k $2.0m | Reduced -30.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 187.3k $2.0m | Reduced -58.0k |
| Transce3nd, LLC 0.81% of their portfolio | 179.0k $1.9m | Added +1.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 174.4k $1.9m | Added +1.9k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 166.6k $1.8m | Added +59.9k |
| NORGES BANK 0.00% of their portfolio | 161.2k $1.7m | Reduced -177.9k |
| Cetera Investment Advisers 0.00% of their portfolio | 157.7k $1.7m | Reduced -28.9k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 153.9k $1.6m | Added +30 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 152.5k $1.6m | Added +12.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 151.2k $1.6m | Reduced -9.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 150.8k $1.6m | Added +20.5k |
| PEAK6 LLC 0.03% of their portfolio | 142.9k $1.5m | Added +76.0k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 141.3k $1.5m | Reduced -357.9k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 141.3k $1.5m | Added +2.8k |
| Hennion & Walsh Asset Management, Inc. 0.06% of their portfolio | 140.0k $1.5m | Reduced -11.3k |
| AXS Investments LLC 0.61% of their portfolio | 139.0k $1.5m | Added +15.9k |
| CAXTON ASSOCIATES LLP 0.04% of their portfolio | 135.4k $1.4m | Added +54.2k |
| Penserra Capital Management LLC 0.02% of their portfolio | 130.9k $1.4m | Added +35.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 128.9k $1.4m | Added +107.0k |
| PENNINGTON PARTNERS & CO., LLC 0.73% of their portfolio | 127.3k $1.4m | Unchanged |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 126.3k $1.4m | Reduced -27.3k |
| Kestra Advisory Services, LLC 0.01% of their portfolio | 126.1k $1.3m | Reduced -13.7k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 122.7k $1.3m | Reduced -13.2k |
| Lighthouse Investment Partners, LLC 0.06% of their portfolio | 122.6k $1.3m | New |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 114.4k $1.2m | Added +9.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 113.0k $1.2m | Reduced -32.0k |
| Nebula Research & Development LLC 0.10% of their portfolio | 110.4k $1.2m | Reduced -3.0k |
| Palogic Value Management, L.P. 0.49% of their portfolio | 109.6k $1.2m | Added +2.7k |
| Midwest Professional Planners, LTD. 0.29% of their portfolio | 104.3k $1.1m | Added +1.4k |
| GROUP ONE TRADING LLC 0.04% of their portfolio | 102.2k $1.1m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 99.9k $1.1m | Reduced -659 |
| QUEST INVESTMENT MANAGEMENT LLC 0.12% of their portfolio | 99.4k $1.1m | New |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 99.0k $1.1m | Reduced -38.7k |
| MIZUHO SECURITIES USA LLC 0.02% of their portfolio | 96.8k $1.0m | First filing |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 95.3k $1.0m | Reduced -5.2k |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 92.6k $990.4k | Reduced -2.6k |
| Louisiana State Employees Retirement System 0.02% of their portfolio | 89.8k $960.9k | Added +1.0k |
| VISTA INVESTMENT MANAGEMENT 0.35% of their portfolio | 88.5k $946.7k | Added +7.8k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 85.9k $919.3k | Unchanged |
| Lido Advisors, LLC 0.00% of their portfolio | 85.2k $911.4k | Reduced -43.0k |
| Verition Fund Management LLC 0.00% of their portfolio | 78.2k $836.8k | New |
| XTX Topco Ltd 0.03% of their portfolio | 78.0k $834.4k | Added +15.8k |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 77.9k $833.2k | Reduced -2.8k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 76.7k $820.2k | Reduced -14.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 76.1k $814.4k | Added +56.5k |
| B. Metzler seel. Sohn & Co. AG 0.01% of their portfolio | 75.6k $808.6k | Added +6.7k |
| COMERICA BANK 0.00% of their portfolio | 72.7k $777.6k | Reduced -4.2k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 71.7k $766.8k | Added +1.9k |
| Atria Wealth Solutions, Inc. 0.02% of their portfolio | 70.0k $750.3k | Reduced -79.9k |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 69.1k $739.0k | Added +12.5k |