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 ($6.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.65. Options: 7 managers hold calls ($4.0m notional), 6 hold puts ($4.3m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 171 |
| Q4 2022 | 176 |
| Q1 2023 | 173 |
| Q2 2023 | 174 |
| Q3 2023 | 171 |
| Q4 2023 | 177 |
| Q1 2024 | 176 |
| Q2 2024 | 169 |
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 |
| Q3 2023 | 91 | 63 |
| Q4 2023 | 72 | 88 |
| Q1 2024 | 81 | 80 |
| Q2 2024 | 88 | 66 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $19.9m | $31.1m | 1.56 |
| Q4 2023 | $19.6m | $36.1m | 1.85 |
| Q1 2024 | $4.7m | $10.9m | 2.33 |
| Q2 2024 | $4.0m | $4.3m | 1.06 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.2m |
| Balyasny Asset Management L.P. | Added | +282.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | New | +225.0k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Added | +205.3k |
| Invesco Ltd. | Added | +161.1k |
| Allianz Asset Management GmbH | Added | +150.6k |
| BlackRock Inc. | Added | +142.2k |
| TWO SIGMA INVESTMENTS, LP | Added | +124.4k |
| VAN ECK ASSOCIATES CORP | Added | +123.8k |
| TWO SIGMA ADVISERS, LP | Added | +123.5k |
Biggest sellers
| MORGAN STANLEY | Reduced | -956.4k |
| Mirae Asset Global Investments Co., Ltd. | Sold out | -821.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -764.2k |
| PRUDENTIAL FINANCIAL INC | Reduced | -587.9k |
| JPMORGAN CHASE & CO | Reduced | -236.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -221.1k |
| EMG Holdings, L.P. | Reduced | -175.9k |
| NORGES BANK | Reduced | -165.8k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -112.5k |
| NORTHERN TRUST CORP | Reduced | -108.7k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $1.8m171.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $999.1k93.9k shares |
| JANE STREET GROUP, LLC | Added | $543.7k51.1k shares |
| GROUP ONE TRADING LLC | Reduced | $449.0k42.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $156.4k14.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $74.0k7.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $1.7m161.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.1m106.5k shares |
| GTS SECURITIES LLC | Reduced | $752.2k70.7k shares |
| SIMPLEX TRADING, LLC | Added | $344.0k32.4k shares |
| GROUP ONE TRADING LLC | Reduced | $323.5k30.4k 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 2024
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 2022 | 5 | $119.4k | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 10.9m $115.9m | Added +1.2m |
| VANGUARD GROUP INC 0.00% of their portfolio | 10.0m $106.0m | Reduced -45.5k |
| BlackRock Inc. 0.00% of their portfolio | 9.5m $101.6m | Added +142.2k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.33% of their portfolio | 3.4m $36.0m | Added +205.3k |
| STATE STREET CORP 0.00% of their portfolio | 2.4m $26.7m | Added +29.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.4m $25.4m | Added +112.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.1m $22.5m | Reduced -236.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.8m $19.4m | Added +54.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio | 1.5m $15.7m | First filing |
| Invesco Ltd. 0.00% of their portfolio | 1.3m $13.6m | Added +161.1k |
| FMR LLC 0.00% of their portfolio | 1.3m $13.5m | Reduced -2.2k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 1.1m $11.5m | Reduced -587.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 985.3k $10.5m | Added +15.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 921.9k $9.8m | Reduced -108.7k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 822.7k $8.8m | Added +123.8k |
| EMG Holdings, L.P. 9.13% of their portfolio | 757.7k $8.1m | Reduced -175.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 744.7k $7.9m | Reduced -112.5k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 647.7k $6.9m | Added +9.7k |
| NORGES BANK 0.00% of their portfolio | 498.6k $5.3m | Reduced -165.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 496.8k $5.3m | Added +40.8k |
| MORGAN STANLEY 0.00% of their portfolio | 479.0k $5.1m | Reduced -956.4k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 465.2k $5.0m | Reduced -300 |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 447.5k $4.8m | Added +102.1k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 447.1k $4.8m | Added +124.4k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 439.2k $4.7m | Added +150.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 438.6k $4.7m | Added +44.5k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 420.6k $4.5m | Added +46.7k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 348.7k $3.7m | Added +282.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 295.9k $3.1m | Reduced -779 |
| UBS Group AG 0.00% of their portfolio | 266.8k $2.8m | Reduced -67.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio | 225.0k $2.4m | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 220.4k $2.3m | Added +89.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 206.9k $2.2m | Added +11.7k |
| Swiss National Bank 0.00% of their portfolio | 200.9k $2.1m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 197.0k $2.1m | Added +80.1k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 188.1k $2.0m | Reduced -8.0k |
| Independent Advisor Alliance 0.07% of their portfolio | 181.1k $1.9m | Added +12.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 171.8k $1.8m | Added +2.6k |
| AlphaCentric Advisors LLC 1.31% of their portfolio | 167.7k $1.8m | Unchanged |
| BlueCrest Capital Management Ltd 0.31% of their portfolio | 167.2k $1.8m | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 165.8k $1.8m | Reduced -764.2k |
| AXS Investments LLC 0.49% of their portfolio | 165.2k $1.8m | Reduced -34.8k |
| ALGERT GLOBAL LLC 0.06% of their portfolio | 158.9k $1.7m | Added +10.3k |
| CAXTON ASSOCIATES LP 0.06% of their portfolio | 145.9k $1.6m | Unchanged |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 145.7k $1.6m | Added +123.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 139.7k $1.5m | Reduced -26.6k |
| CITIGROUP INC 0.00% of their portfolio | 132.7k $1.4m | Added +12.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 123.6k $1.3m | Added +92.0k |
| Legal & General Group Plc 0.00% of their portfolio | 115.6k $1.2m | Added +2.9k |
| Williams Jones Wealth Management, LLC. 0.01% of their portfolio | 110.2k $1.2m | Reduced -70.4k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 101.3k $1.1m | Reduced -1.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 99.6k $1.1m | Reduced -2.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 98.2k $1.0m | Added +14.9k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.03% of their portfolio | 97.4k $1.0m | Reduced -12.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 90.0k $957.9k | Reduced -19.6k |
| Delphi Financial Group, Inc. 0.54% of their portfolio | 90.0k $957.6k | Added +30.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 88.4k $940.5k | Added +16.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 86.2k $918.0k | Added +12.2k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 84.4k $898.5k | Reduced -693 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 80.1k $852.3k | Added +14.6k |
| BAYVIEW ASSET MANAGEMENT, LLC 0.50% of their portfolio | 80.0k $851.2k | Added +10.0k |
| Penserra Capital Management LLC 0.01% of their portfolio | 74.4k $792.0k | Added +11.1k |
| Family Asset Management, LLC 0.51% of their portfolio | 74.2k $789.2k | Reduced -16.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 73.9k $787.0k | Added +12.5k |
| Global Retirement Partners, LLC 0.02% of their portfolio | 73.8k $785.6k | Added +43.2k |
| Curi Capital, LLC 0.02% of their portfolio | 69.0k $733.8k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 57.3k $609.3k | Added +7.6k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 55.1k $586.0k | First filing |
| Cerity Partners LLC 0.00% of their portfolio | 54.0k $575.0k | Added +4.5k |
| DEERFIELD MANAGEMENT COMPANY, L.P. 0.01% of their portfolio | 52.7k $561.2k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 52.7k $560.3k | Added +2.4k |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 48.7k $518.1k | Reduced -1.0k |
| Composition Wealth, LLC 0.01% of their portfolio | 47.8k $508.4k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 46.8k $521.2k | Reduced -21.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 45.8k $487.2k | Reduced -80 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 43.2k $460.2k | Reduced -4.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 42.8k $455.8k | Added +208 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 42.3k $449.8k | Reduced -524 |
| Capital Square, LLC 0.31% of their portfolio | 41.7k $479.4k | Added +1.1k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 41.0k $435.8k | Added +284 |
| Advisors Asset Management, Inc. 0.01% of their portfolio | 39.5k $420.0k | Reduced -11.1k |
| BAILARD, INC. 0.01% of their portfolio | 38.2k $406.4k | Reduced -25.2k |
| BARCLAYS PLC 0.00% of their portfolio | 37.3k $397.3k | Reduced -54.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 36.0k $382.8k | Reduced -8.1k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 34.3k $364.7k | Reduced -6.5k |
| Inspire Investing, LLC 0.04% of their portfolio | 33.3k $354.1k | Added +1.8k |
| America First Investment Advisors, LLC 0.09% of their portfolio | 32.5k $345.8k | Unchanged |
| SUMMIT SECURITIES GROUP LLC 0.13% of their portfolio | 32.5k $346.0k | Added +17.5k |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 28.6k $304.1k | Added +568 |
| HighTower Advisors, LLC 0.00% of their portfolio | 26.6k $283.0k | Added +4.3k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 23.8k $254.0k | Unchanged |
| State of Wyoming 0.04% of their portfolio | 22.9k $243.1k | Added +15.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 19.7k $210.0k | Added +2.5k |
| STRS OHIO 0.00% of their portfolio | 18.3k $194.7k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 18.3k $194.7k | Added +17.0k |
| KINGSWOOD WEALTH ADVISORS, LLC 0.02% of their portfolio | 18.0k $191.5k | New |
| INCEPTIONR LLC 0.05% of their portfolio | 17.9k $191.0k | Reduced -26.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 17.6k $186.9k | Added +14.9k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 17.3k $184.5k | Reduced -2.8k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 17.3k $184.1k | Added +1.6k |