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 ($8.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $143.95. Options: 5 managers hold calls ($2.9m notional), 5 hold puts ($3.1m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 165 |
| Q4 2022 | 184 |
| Q1 2023 | 184 |
| Q2 2023 | 194 |
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 |
| Q2 2023 | 92 | 92 |
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 |
| Q2 2023 | $2.9m | $3.1m | 1.10 |
Biggest buyers
| Russell Investments Group, Ltd. | Added | +46.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +43.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +38.2k |
| FIRST TRUST ADVISORS LP | New | +26.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +22.6k |
| Empowered Funds, LLC | Added | +22.1k |
| Invesco Ltd. | Added | +19.7k |
| LOOMIS SAYLES & CO L P | Added | +18.3k |
| DENALI ADVISORS LLC | Added | +16.2k |
| Bleichroeder LP | New | +15.1k |
Biggest sellers
| FMR LLC | Reduced | -260.8k |
| BlackRock Inc. | Reduced | -197.2k |
| ProShare Advisors LLC | Sold out | -64.4k |
| FIRST WILSHIRE SECURITIES MANAGEMENT INC | Reduced | -31.2k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -29.3k |
| BANK OF MONTREAL /CAN/ | Reduced | -22.2k |
| Trexquant Investment LP | Reduced | -14.5k |
| Belpointe Asset Management LLC | Reduced | -13.7k |
| Fortis Capital Advisors, LLC | Reduced | -13.5k |
| TUDOR INVESTMENT CORP ET AL | Reduced | -10.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.9m13.4k shares |
| CITADEL ADVISORS LLC | Reduced | $618.1k4.3k shares |
| PEAK6 Investments LLC | Added | $301.9k2.1k shares |
| SIMPLEX TRADING, LLC | Unchanged | $14.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $1.2m8.3k shares |
| PEAK6 Investments LLC | Reduced | $1.1m7.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $575.0k4.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $229.0k1.6k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2023 | 2 | $98.7k | 5 | $473.8k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-30 | NORDHOLM BRADFORD T President and CEO | Bought | $17.7k123 shares |
| 2023-06-30 | Dobrinski Everett M Director | Bought | $6.4k45 shares |
| 2023-06-15 | Carpenter Zachary EVP - Chief Business Officer | Sold | $72.5k486 shares |
| 2023-06-13 | BRACK DENNIS L Director | Sold | $75.5k500 shares |
| 2023-06-12 | Brinch Brian M SVP- Enterprise Risk Officer | Sold | $159.5k1.1k shares |
| 2023-06-09 | Culver Chester J Director | Sold | $44.6k300 shares |
| 2023-05-19 | Willie Kerry T SVP - Chief HR Officer | Sold | $121.9k870 shares |
| 2023-05-11 | Dobrinski Everett M Director | Bought | $74.6k582 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 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 1.1m $156.2m | Reduced -197.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 518.8k $74.6m | Reduced -204 |
| Boston Partners 0.10% of their portfolio | 494.8k $72.7m | Added +10.7k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 456.5k $65.6m | Added +13.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 333.4k $47.9m | Added +4.5k |
| Copeland Capital Management, LLC 0.97% of their portfolio | 325.3k $46.8m | Added +2.0k |
| FMR LLC 0.00% of their portfolio | 273.9k $39.4m | Reduced -260.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 255.0k $36.7m | Added +22.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 225.1k $32.4m | Reduced -29.3k |
| STATE STREET CORP 0.00% of their portfolio | 198.6k $28.5m | Reduced -403 |
| RICE HALL JAMES & ASSOCIATES, LLC 1.52% of their portfolio | 185.8k $26.7m | Reduced -1.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 183.3k $26.4m | Added +5.4k |
| LOOMIS SAYLES & CO L P 0.03% of their portfolio | 134.0k $19.3m | Added +18.3k |
| WEYBOSSET RESEARCH & MANAGEMENT LLC 6.47% of their portfolio | 122.9k $17.7m | Reduced -2.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 113.5k $16.3m | Added +4.9k |
| EAGLE ASSET MANAGEMENT INC 0.08% of their portfolio | 93.8k $13.5m | Reduced -2.7k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 93.5k $13.4m | Added +46.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 89.4k $12.9m | Added +43.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 82.0k $11.8m | Added +1.9k |
| Matthew 25 Management Corp 4.25% of their portfolio | 80.0k $11.5m | Reduced -1.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 77.2k $11.1m | Reduced -700 |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 67.6k $9.7m | Added +3.3k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 65.5k $9.4m | Reduced -131 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 65.0k $9.3m | Added +399 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 62.7k $9.0m | Added +9.5k |
| Ancora Advisors LLC 0.21% of their portfolio | 56.5k $8.1m | Reduced -513 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 48.6k $7.0m | Added +38.2k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.17% of their portfolio | 48.5k $7.0m | Added +3.0k |
| Barnett & Company, Inc. 5.07% of their portfolio | 47.5k $6.8m | Reduced -275 |
| FIRST WILSHIRE SECURITIES MANAGEMENT INC 2.31% of their portfolio | 46.9k $6.7m | Reduced -31.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 46.4k $6.7m | Added +3.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 44.3k $6.4m | Added +9.2k |
| Foundry Partners, LLC 0.39% of their portfolio | 44.2k $6.4m | Reduced -980 |
| MORGAN STANLEY 0.00% of their portfolio | 42.8k $6.2m | Added +10.2k |
| UBS Group AG 0.00% of their portfolio | 41.2k $5.9m | Added +4.1k |
| Invesco Ltd. 0.00% of their portfolio | 39.9k $5.7m | Added +19.7k |
| GW&K Investment Management, LLC 0.05% of their portfolio | 36.2k $5.2m | Reduced -857 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 33.1k $4.8m | Added +5.5k |
| Empowered Funds, LLC 0.17% of their portfolio | 32.8k $4.7m | Added +22.1k |
| EA Series Trust 0.17% of their portfolio | 32.8k $4.7m | First filing |
| DENALI ADVISORS LLC 1.61% of their portfolio | 31.8k $4.6m | Added +16.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 31.7k $4.6m | Added +550 |
| CROWN ADVISORS MANAGEMENT, INC. 2.81% of their portfolio | 30.0k $4.3m | Unchanged |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 26.5k $3.8m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 23.1k $3.3m | Added +382 |
| Cruiser Capital Advisors, LLC 3.36% of their portfolio | 22.8k $3.3m | Unchanged |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 22.5k $3.2m | Added +7.1k |
| Swiss National Bank 0.00% of their portfolio | 20.2k $2.9m | Added +200 |
| HighTower Advisors, LLC 0.01% of their portfolio | 18.9k $2.7m | Reduced -1.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 17.4k $2.5m | Reduced -4.4k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 16.5k $2.4m | Added +2.0k |
| CARY STREET PARTNERS ASSET MANAGEMENT LLC 0.42% of their portfolio | 15.9k $2.3m | Reduced -112 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 15.8k $2.3m | Added +1.4k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 15.5k $2.4m | Reduced -22.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 15.2k $2.2m | Added +4.8k |
| Bleichroeder LP 0.44% of their portfolio | 15.1k $2.2m | New |
| Allianz Asset Management GmbH 0.00% of their portfolio | 14.8k $2.1m | Unchanged |
| Engineers Gate Manager LP 0.08% of their portfolio | 14.7k $2.1m | Added +6.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 14.5k $2.1m | Reduced -717 |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 13.2k $1.9m | Added +1.8k |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 13.1k $1.9m | Reduced -5.8k |
| WEDBUSH SECURITIES INC 0.09% of their portfolio | 13.0k $1.9m | Reduced -318 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 12.6k $1.8m | Reduced -5.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 11.9k $1.7m | Added +314 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 11.8k $1.7m | Reduced -4.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 11.5k $1.7m | Added +2.3k |
| Riverwater Partners LLC 1.45% of their portfolio | 11.4k $1.6m | Added +516 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 11.2k $1.6m | Reduced -333 |
| Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio | 11.1k $1.6m | Added +830 |
| Baird Financial Group, Inc. 0.00% of their portfolio | 11.1k $1.6m | Added +373 |
| Belpointe Asset Management LLC 0.17% of their portfolio | 11.1k $1.6m | Reduced -13.7k |
| Fortis Capital Advisors, LLC 0.93% of their portfolio | 11.1k $1.6m | Reduced -13.5k |
| BARCLAYS PLC 0.00% of their portfolio | 10.3k $1.5m | Reduced -3.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 9.8k $1.3m | Unchanged |
| J.P. Morgan Private Wealth Advisors LLC 0.01% of their portfolio | 9.5k $1.4m | Reduced -1.3k |
| Atria Investments, Inc 0.02% of their portfolio | 9.4k $1.4m | Reduced -1.3k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 9.3k $1.3m | Reduced -1.6k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 9.0k $1.3m | Added +220 |
| MARTINGALE ASSET MANAGEMENT L P 0.02% of their portfolio | 8.6k $1.2m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 8.4k $1.2m | New |
| Legal & General Group Plc 0.00% of their portfolio | 7.8k $1.1m | Added +3.2k |
| INVESTORS ASSET MANAGEMENT OF GEORGIA INC /GA/ /ADV 0.56% of their portfolio | 7.6k $1.1m | Unchanged |
| Jump Financial, LLC 0.04% of their portfolio | 7.5k $1.1m | Reduced -6.3k |
| HRT FINANCIAL LP 0.01% of their portfolio | 7.1k $1.0m | New |
| JAMES INVESTMENT RESEARCH, INC. 0.13% of their portfolio | 7.1k $1.0m | Unchanged |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 7.0k $1.0m | Added +6.8k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.10% of their portfolio | 6.8k $980.0k | New |
| M&T Bank Corp 0.00% of their portfolio | 6.8k $976.2k | Reduced -48 |
| Clearbridge Investments, LLC 0.00% of their portfolio | 6.4k $919.9k | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 5.8k $828.8k | Added +413 |
| Tower Research Capital LLC (TRC) 0.03% of their portfolio | 5.6k $809.0k | Added +5.5k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 5.6k $801.7k | Reduced -328 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 5.2k $752.5k | Reduced -2.2k |
| EVERETT HARRIS & CO /CA/ 0.01% of their portfolio | 5.0k $725.5k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 5.0k $720.0k | Added +3.7k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 4.9k $707.6k | Unchanged |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 4.9k $709.0k | Added +219 |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 4.6k $665.1k | Added +328 |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 4.5k $642.1k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 4.4k $631.9k | Added +1 |