MFA FINL INC MFA
COM · REIT · CUSIP 55272X607
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersNew York, 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 ($3.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.25. Options: 9 managers hold calls ($21.7m notional), 9 hold puts ($35.8m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 171 |
| Q4 2022 | 176 |
| Q1 2023 | 173 |
| Q2 2023 | 174 |
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 | 80 | 90 |
| Q1 2023 | 103 | 61 |
| Q2 2023 | 76 | 88 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $13.3m | $49.6m | 3.74 |
| Q4 2022 | $16.0m | $22.2m | 1.38 |
| Q1 2023 | $9.0m | $32.2m | 3.57 |
| Q2 2023 | $21.7m | $35.8m | 1.65 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +2.3m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | New | +2.3m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.4m |
| Nuveen Asset Management, LLC | Added | +600.7k |
| NOMURA HOLDINGS INC | New | +352.4k |
| VAN ECK ASSOCIATES CORP | Added | +215.6k |
| HRT FINANCIAL LP | New | +212.1k |
| PRUDENTIAL FINANCIAL INC | Added | +203.9k |
| CAXTON ASSOCIATES LP | New | +197.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +165.5k |
Biggest sellers
| FMR LLC | Reduced | -2.0m |
| CITADEL ADVISORS LLC | Reduced | -913.6k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -682.9k |
| Delphi Financial Group, Inc. | Sold out | -630.1k |
| BlackRock Inc. | Reduced | -525.8k |
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | -369.8k |
| EMG Holdings, L.P. | Reduced | -344.9k |
| GOLDMAN SACHS GROUP INC | Reduced | -333.6k |
| Beach Point Capital Management LP | Reduced | -268.5k |
| Almitas Capital LLC | Reduced | -264.7k |
Biggest calls
| Centiva Capital, LP | New | $12.8m1.1m shares |
| CITADEL ADVISORS LLC | Reduced | $3.8m337.7k shares |
| GROUP ONE TRADING LLC | Added | $2.0m181.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.2m107.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $910.4k81.0k shares |
| WOLVERINE TRADING, LLC | Added | $564.3k50.7k shares |
| JANE STREET GROUP, LLC | Reduced | $431.6k38.4k shares |
| HAP Trading, LLC | Reduced | $13.5k17.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| HBK INVESTMENTS L P | Unchanged | $22.2m2.0m shares |
| CITADEL ADVISORS LLC | Reduced | $7.4m657.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.2m375.6k shares |
| GROUP ONE TRADING LLC | Reduced | $1.0m89.0k shares |
| JANE STREET GROUP, LLC | Added | $506.9k45.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $386.2k34.7k shares |
| SIMPLEX TRADING, LLC | Added | $103.0k9.2k shares |
| Cutler Group LLC / CA | Reduced | $2.0k400 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.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
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 | $4.8k | 0 | — | — |
| Q2 2022 | 0 | — | 1 | $54.7k | — |
| Q3 2022 | 5 | $119.4k | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 9.8m $110.0m | Reduced -113.8k |
| BlackRock Inc. 0.00% of their portfolio | 8.5m $95.1m | Reduced -525.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 4.3m $48.8m | Reduced -682.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.8m $31.1m | Added +2.3m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.29% of their portfolio | 2.3m $26.0m | New |
| STATE STREET CORP 0.00% of their portfolio | 2.2m $25.9m | Reduced -127.5k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 2.1m $24.0m | Added +1.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.9m $21.6m | Reduced -72.4k |
| EMG Holdings, L.P. 11.99% of their portfolio | 1.8m $19.8m | Reduced -344.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.5m $17.4m | Added +39.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 1.4m $16.0m | Reduced -63.5k |
| FMR LLC 0.00% of their portfolio | 1.4m $15.2m | Reduced -2.0m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $13.7m | Reduced -333.6k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 1.1m $12.8m | Reduced -167.0k |
| Invesco Ltd. 0.00% of their portfolio | 1.1m $12.7m | Reduced -191.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 961.0k $10.8m | Added +600.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 935.7k $10.5m | Reduced -58.1k |
| NORGES BANK 0.00% of their portfolio | 890.1k $10.0m | Reduced -36.0k |
| Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio | 804.0k $9.0m | Reduced -17.2k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 641.1k $7.2m | Added +215.6k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 528.1k $5.9m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 484.6k $5.4m | Reduced -2.2k |
| WOLVERINE ASSET MANAGEMENT LLC 0.10% of their portfolio | 476.3k $5.4m | Reduced -369.8k |
| Advisors Asset Management, Inc. 0.11% of their portfolio | 469.1k $5.3m | Reduced -5.4k |
| MORGAN STANLEY 0.00% of their portfolio | 442.2k $5.0m | Added +20.9k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 424.6k $4.8m | Added +203.9k |
| Beach Point Capital Management LP 1.91% of their portfolio | 408.3k $4.6m | Reduced -268.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 408.0k $4.6m | Added +15.4k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 380.3k $4.3m | Added +153.8k |
| NOMURA HOLDINGS INC 0.04% of their portfolio | 352.4k $4.0m | New |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 336.1k $3.8m | Reduced -22.1k |
| ALGERT GLOBAL LLC 0.16% of their portfolio | 322.7k $3.6m | Reduced -24.5k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 314.7k $3.5m | Reduced -152.5k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.07% of their portfolio | 305.9k $3.4m | Not comparable |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 275.7k $3.1m | Reduced -1.9k |
| Williams Jones Wealth Management, LLC. 0.04% of their portfolio | 261.2k $2.9m | Added +35.8k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 260.3k $2.9m | Added +16.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 252.5k $2.8m | Added +114.1k |
| Swiss National Bank 0.00% of their portfolio | 221.9k $2.5m | Added +24.1k |
| Almitas Capital LLC 1.06% of their portfolio | 220.5k $2.5m | Reduced -264.7k |
| HRT FINANCIAL LP 0.02% of their portfolio | 212.1k $2.4m | New |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 205.7k $2.3m | Reduced -10.1k |
| CAXTON ASSOCIATES LP 0.33% of their portfolio | 197.0k $2.2m | New |
| UBS Group AG 0.00% of their portfolio | 193.9k $2.2m | Reduced -58.6k |
| AlphaCentric Advisors LLC 1.17% of their portfolio | 187.7k $2.1m | Added +14.3k |
| BlueCrest Capital Management Ltd 0.25% of their portfolio | 167.2k $1.9m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 165.5k $1.9m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 165.2k $1.9m | Reduced -24.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 131.1k $1.5m | Added +37.6k |
| Golden Green, Inc. 1.55% of their portfolio | 127.0k $1.4m | Reduced -606 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 124.6k $1.4m | Reduced -25 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 123.7k $1.4m | Added +5.1k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 112.6k $1.3m | Reduced -2.7k |
| Legal & General Group Plc 0.00% of their portfolio | 109.3k $1.2m | Added +3.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 100.5k $997.4k | Unchanged |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 98.5k $1.1m | Reduced -61.7k |
| Family Asset Management, LLC 0.75% of their portfolio | 98.4k $1.1m | Reduced -1.9k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.11% of their portfolio | 94.6k $1.1m | New |
| AJ WEALTH STRATEGIES, LLC 0.05% of their portfolio | 94.4k $1.1m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 74.4k $836.0k | Added +55.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 74.3k $835.6k | Added +2.5k |
| Independent Advisor Alliance 0.04% of their portfolio | 72.9k $819.4k | Added +6.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 72.0k $809.8k | Reduced -81.6k |
| Curi Capital, LLC 0.03% of their portfolio | 69.0k $775.2k | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 66.3k $745.1k | Added +55.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 65.5k $736.0k | Added +940 |
| CITIGROUP INC 0.00% of their portfolio | 58.5k $658.1k | Added +53.3k |
| Capula Management Ltd 0.08% of their portfolio | 58.2k $654.2k | Not comparable |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 57.5k $646.0k | Added +29.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 55.2k $620.5k | Added +531 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 53.3k $599.5k | Added +1.1k |
| Quantbot Technologies LP 0.04% of their portfolio | 51.5k $578.7k | Added +42.1k |
| BAILARD, INC. 0.02% of their portfolio | 49.8k $559.8k | Added +8.5k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 49.3k $553.8k | Reduced -274 |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 49.1k $552.2k | Reduced -22.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 48.9k $549.8k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 48.3k $543.0k | Reduced -15.1k |
| Composition Wealth, LLC 0.02% of their portfolio | 47.8k $537.1k | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 45.8k $514.3k | Reduced -110 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 42.9k $481.9k | Reduced -55 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 40.8k $458.8k | Reduced -1.1k |
| BARCLAYS PLC 0.00% of their portfolio | 39.9k $448.9k | Reduced -15.4k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 39.8k $447.3k | Added +7.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 39.3k $441.4k | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 38.9k $437.5k | Added +383 |
| Penserra Capital Management LLC 0.01% of their portfolio | 38.7k $434.0k | Added +464 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 38.0k $427.1k | Reduced -163.5k |
| Capital Square, LLC 0.39% of their portfolio | 37.2k $418.6k | Reduced -3.5k |
| HighTower Advisors, LLC 0.00% of their portfolio | 34.6k $388.0k | Reduced -3.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 34.2k $384.4k | Reduced -20.7k |
| America First Investment Advisors, LLC 0.10% of their portfolio | 32.5k $365.3k | Added +11.7k |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 28.6k $321.7k | Added +2.1k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 23.8k $268.0k | New |
| Engineers Gate Manager LP 0.01% of their portfolio | 23.6k $265.6k | Reduced -7.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 23.0k $258.9k | Reduced -913.6k |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.04% of their portfolio | 22.5k $252.9k | Unchanged |
| STRS OHIO 0.00% of their portfolio | 21.8k $245.0k | Reduced -43.6k |
| GSA CAPITAL PARTNERS LLP 0.02% of their portfolio | 18.9k $213.0k | New |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 18.1k $203.9k | Added +2.7k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 16.8k $189.0k | Added +2.0k |