FEDERAL AGRIC MTG CORP AGM
CL C · Common Stock · CUSIP 313148306
Commonly known as Farmer Mac in the United States
- SectorFinancials
- IndustryFederal & Federally-Sponsored Credit Agencies
- HeadquartersWashington, DC
- Websitefarmermac.com
- 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 ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $133.22. Options: 5 managers hold calls ($2.0m notional), 6 hold puts ($9.6m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 165 |
| Q4 2022 | 184 |
| Q1 2023 | 184 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 98 | 61 |
| Q1 2023 | 87 | 90 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $1.2m | $7.1m | 6.06 |
| Q4 2022 | $1.3m | $4.3m | 3.40 |
| Q1 2023 | $2.0m | $9.6m | 4.83 |
Biggest buyers
| FMR LLC | Added | +269.9k |
| Boston Partners | Added | +147.1k |
| PRINCIPAL FINANCIAL GROUP INC | Added | +50.2k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +39.2k |
| BANK OF MONTREAL /CAN/ | New | +37.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +33.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | New | +21.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +18.7k |
| RAYMOND JAMES & ASSOCIATES | Added | +17.4k |
| D. E. Shaw & Co., Inc. | Added | +16.5k |
Biggest sellers
| BlackRock Inc. | Reduced | -158.9k |
| LSV ASSET MANAGEMENT | Reduced | -118.2k |
| Nuveen Asset Management, LLC | Reduced | -48.3k |
| NFJ INVESTMENT GROUP, LLC | Sold out | -16.0k |
| Matthew 25 Management Corp | Reduced | -14.8k |
| RICE HALL JAMES & ASSOCIATES, LLC | Reduced | -14.7k |
| BARCLAYS PLC | Reduced | -13.2k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -13.1k |
| ProShare Advisors LLC | Reduced | -9.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -9.3k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $945.6k7.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $785.8k5.9k shares |
| PEAK6 Investments LLC | Reduced | $239.7k1.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $13.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Parallax Volatility Advisers, L.P. | Added | $3.9m29.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $3.2m23.9k shares |
| PEAK6 Investments LLC | Added | $1.4m10.6k shares |
| CITADEL ADVISORS LLC | Added | $865.7k6.5k shares |
| SIMPLEX TRADING, LLC | New | $239.0k1.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26), FMR LLC (3.7%, 2026-02-05)
Insider purchases and sales in Q1 2023
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 |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 1 | $233.0k | 1 | $88.4k | — |
| Q2 2022 | 1 | $108.1k | 1 | $24.9k | — |
| Q3 2022 | 1 | $4.8k | 0 | — | — |
| Q4 2022 | 1 | $4.9k | 4 | $252.0k | — |
| Q1 2023 | 2 | $255.3k | 1 | $50.1k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-03-31 | Dobrinski Everett M Director | Bought | $5.7k43 shares |
| 2023-03-15 | Sexton Robert G Director | Bought | $249.5k2.0k shares |
| 2023-03-02 | Stones Charles A Director | Sold | $50.1k344 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, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 1.3m $171.0m | Reduced -158.9k |
| FMR LLC 0.00% of their portfolio | 534.8k $71.2m | Added +269.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 519.0k $69.1m | Reduced -8.2k |
| Boston Partners 0.09% of their portfolio | 484.1k $64.4m | Added +147.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 443.2k $59.0m | Added +6.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 328.9k $43.8m | Added +50.2k |
| Copeland Capital Management, LLC 1.01% of their portfolio | 323.2k $43.1m | Reduced -6.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 254.5k $33.9m | Reduced -13.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 232.4k $31.0m | Reduced -9.3k |
| STATE STREET CORP 0.00% of their portfolio | 199.0k $26.5m | Added +4.6k |
| RICE HALL JAMES & ASSOCIATES, LLC 1.42% of their portfolio | 187.7k $25.0m | Reduced -14.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 177.9k $23.7m | Added +9.4k |
| WEYBOSSET RESEARCH & MANAGEMENT LLC 6.28% of their portfolio | 124.9k $16.6m | Reduced -2.5k |
| LOOMIS SAYLES & CO L P 0.03% of their portfolio | 115.7k $15.4m | Reduced -1.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 108.6k $14.5m | Reduced -428 |
| EAGLE ASSET MANAGEMENT INC 0.08% of their portfolio | 96.5k $12.9m | Added +225 |
| Matthew 25 Management Corp 4.21% of their portfolio | 81.0k $10.8m | Reduced -14.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 80.1k $10.7m | Added +683 |
| FIRST WILSHIRE SECURITIES MANAGEMENT INC 3.55% of their portfolio | 78.0k $10.4m | Added +6 |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 77.9k $10.4m | Added +39.2k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 65.7k $8.7m | Added +17.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 64.6k $8.6m | Added +5.8k |
| ProShare Advisors LLC 0.03% of their portfolio | 64.4k $8.6m | Reduced -9.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 64.3k $8.6m | Reduced -6.2k |
| Ancora Advisors LLC 0.22% of their portfolio | 57.0k $7.6m | Reduced -6.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 53.2k $7.1m | Added +8.9k |
| Barnett & Company, Inc. 4.83% of their portfolio | 47.8k $6.4m | Added +1.9k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 47.6k $6.3m | Reduced -3.5k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 45.6k $6.1m | Added +33.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.16% of their portfolio | 45.5k $6.1m | Reduced -1.0k |
| Foundry Partners, LLC 0.38% of their portfolio | 45.2k $6.0m | Reduced -170 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 43.2k $5.8m | Reduced -788 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 37.7k $5.0m | New |
| GW&K Investment Management, LLC 0.05% of their portfolio | 37.1k $4.9m | Reduced -517 |
| UBS Group AG 0.00% of their portfolio | 37.0k $4.9m | Reduced -1.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 35.1k $4.7m | Added +2.4k |
| MORGAN STANLEY 0.00% of their portfolio | 32.6k $4.3m | Added +5.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 31.1k $4.1m | Reduced -48.3k |
| CROWN ADVISORS MANAGEMENT, INC. 2.98% of their portfolio | 30.0k $4.0m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 27.6k $3.7m | Added +18.7k |
| Belpointe Asset Management LLC 0.18% of their portfolio | 24.7k $3.3m | Reduced -23 |
| Fortis Capital Advisors, LLC 1.75% of their portfolio | 24.6k $3.3m | Reduced -24 |
| Cruiser Capital Advisors, LLC 2.66% of their portfolio | 22.8k $3.0m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 22.8k $3.0m | Reduced -565 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 21.8k $2.9m | New |
| HighTower Advisors, LLC 0.01% of their portfolio | 20.4k $2.7m | Added +226 |
| Invesco Ltd. 0.00% of their portfolio | 20.2k $2.7m | Reduced -1.8k |
| Swiss National Bank 0.00% of their portfolio | 20.0k $2.7m | Reduced -2.4k |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 18.8k $2.5m | Added +14.0k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 18.5k $2.5m | Added +16.5k |
| Trexquant Investment LP 0.06% of their portfolio | 17.0k $2.3m | Added +10.3k |
| CARY STREET PARTNERS ASSET MANAGEMENT LLC 0.40% of their portfolio | 16.0k $2.1m | Reduced -5.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 15.7k $2.1m | Added +1.2k |
| DENALI ADVISORS LLC 0.86% of their portfolio | 15.6k $2.1m | Added +4.5k |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 15.4k $2.1m | Reduced -118.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 15.3k $2.0m | Added +622 |
| Allianz Asset Management GmbH 0.00% of their portfolio | 14.8k $2.0m | Added +3.1k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 14.5k $1.9m | Reduced -625 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 14.4k $1.9m | Added +6.6k |
| Jump Financial, LLC 0.07% of their portfolio | 13.8k $1.8m | Added +7.0k |
| WEDBUSH SECURITIES INC 0.09% of their portfolio | 13.3k $1.8m | Reduced -419 |
| BARCLAYS PLC 0.00% of their portfolio | 13.2k $1.8m | Reduced -13.2k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 12.4k $1.6m | New |
| TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio | 12.3k $1.6m | Added +5.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 11.6k $1.5m | Added +112 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 11.5k $1.5m | Reduced -163 |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 11.4k $1.5m | Added +508 |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 10.9k $1.5m | Added +2.2k |
| J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio | 10.8k $1.4m | Added +651 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 10.8k $1.4m | Added +5.6k |
| Riverwater Partners LLC 1.33% of their portfolio | 10.8k $1.4m | Added +137 |
| Atria Investments, Inc 0.03% of their portfolio | 10.8k $1.4m | Reduced -179 |
| Dynamic Technology Lab Private Ltd 0.13% of their portfolio | 10.7k $1.4m | Added +6.9k |
| Empowered Funds, LLC 0.08% of their portfolio | 10.7k $1.4m | Added +914 |
| Baird Financial Group, Inc. 0.00% of their portfolio | 10.7k $1.4m | Added +459 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 10.4k $1.4m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 10.4k $1.4m | Added +1 |
| Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio | 10.3k $1.4m | Reduced -915 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 9.8k $1.3m | Added +714 |
| GSA CAPITAL PARTNERS LLP 0.13% of their portfolio | 9.6k $1.3m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 9.2k $1.2m | Unchanged |
| CAPITAL ADVISORY GROUP ADVISORY SERVICES, LLC 0.72% of their portfolio | 9.0k $1.2m | Reduced -84 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 8.8k $1.2m | Reduced -129 |
| Parallax Volatility Advisers, L.P. 0.04% of their portfolio | 8.5k $1.1m | Reduced -81 |
| Engineers Gate Manager LP 0.04% of their portfolio | 7.9k $1.1m | Added +5.6k |
| INVESTORS ASSET MANAGEMENT OF GEORGIA INC /GA/ /ADV 0.54% of their portfolio | 7.6k $1.0m | Reduced -100 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 7.4k $990.8k | Added +1.3k |
| JAMES INVESTMENT RESEARCH, INC. 0.12% of their portfolio | 7.1k $942.0k | Added +36 |
| PARADIGM ASSET MANAGEMENT CO LLC 0.26% of their portfolio | 7.0k $932.3k | Unchanged |
| M&T Bank Corp 0.00% of their portfolio | 6.8k $910.3k | Added +63 |
| Clearbridge Investments, LLC 0.00% of their portfolio | 6.4k $852.4k | Unchanged |
| STRS OHIO 0.00% of their portfolio | 6.3k $837.0k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 6.3k $838.2k | Added +3.5k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 5.9k $786.2k | Reduced -162 |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 5.4k $713.0k | Reduced -4.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 5.1k $675.1k | Reduced -1.2k |
| EVERETT HARRIS & CO /CA/ 0.01% of their portfolio | 5.0k $672.2k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 4.9k $655.7k | Added +163 |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 4.9k $647.4k | Added +29 |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 4.7k $623.0k | Added +114 |