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 ($11.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.73. Options: 8 managers hold calls ($10.0m notional), 8 hold puts ($5.7m).
Trends to Q3 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 |
| Q3 2024 | 187 |
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 |
| Q3 2024 | 101 | 62 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $19.6m | $36.1m | 1.85 |
| Q1 2024 | $4.7m | $10.9m | 2.33 |
| Q2 2024 | $4.0m | $4.3m | 1.06 |
| Q3 2024 | $10.0m | $5.7m | 0.57 |
Biggest buyers
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Added | +1.2m |
| MILLENNIUM MANAGEMENT LLC | Added | +524.9k |
| TWO SIGMA INVESTMENTS, LP | Added | +435.6k |
| BARCLAYS PLC | Added | +337.1k |
| MORGAN STANLEY | Added | +251.9k |
| NATIXIS ADVISORS, LLC | Added | +250.5k |
| SEGALL BRYANT & HAMILL, LLC | New | +197.3k |
| STATE STREET CORP | Added | +151.3k |
| VANGUARD GROUP INC | Added | +133.3k |
| TWO SIGMA ADVISERS, LP | Added | +128.0k |
Biggest sellers
| Balyasny Asset Management L.P. | Sold out | -348.7k |
| EMG Holdings, L.P. | Reduced | -300.2k |
| Invesco Ltd. | Reduced | -235.5k |
| PRUDENTIAL FINANCIAL INC | Reduced | -227.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Sold out | -225.0k |
| FIRST TRUST ADVISORS LP | Reduced | -94.6k |
| Bank of New York Mellon Corp | Reduced | -90.0k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) | Reduced | -70.6k |
| UBS Group AG | Reduced | -70.1k |
| ALGERT GLOBAL LLC | Reduced | -63.0k |
Biggest calls
| Centiva Capital, LP | New | $8.3m653.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $764.5k60.1k shares |
| CITADEL ADVISORS LLC | Reduced | $348.5k27.4k shares |
| Squarepoint Ops LLC | New | $259.5k20.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $182.9k14.6k shares |
| GROUP ONE TRADING LLC | Reduced | $89.0k7.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $33.0k2.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $2.2m169.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.3m100.5k shares |
| GTS SECURITIES LLC | Reduced | $896.8k70.5k shares |
| GROUP ONE TRADING LLC | Added | $456.6k35.9k shares |
| JANE STREET GROUP, LLC | New | $447.7k35.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $340.0k26.8k shares |
| MILLENNIUM MANAGEMENT LLC | New | $137.4k10.8k 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.
| 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 Q3 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.
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 11.0m $140.0m | Added +111.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 10.1m $128.4m | Added +133.3k |
| BlackRock, Inc. 0.00% of their portfolio | 9.8m $124.8m | First filing |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.52% of their portfolio | 4.6m $58.3m | Added +1.2m |
| STATE STREET CORP 0.00% of their portfolio | 2.6m $33.7m | Added +151.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.4m $30.6m | Added +21.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.2m $27.5m | Added +47.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.8m $23.3m | Added +12.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio | 1.5m $19.1m | Added +28.0k |
| FMR LLC 0.00% of their portfolio | 1.2m $15.5m | Reduced -45.7k |
| Invesco Ltd. 0.00% of their portfolio | 1.0m $13.3m | Reduced -235.5k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 986.9k $12.6m | Added +1.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 908.9k $11.6m | Reduced -13.0k |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 898.2k $11.4m | Added +250.5k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 882.7k $11.2m | Added +435.6k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 853.7k $10.9m | Reduced -227.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 845.4k $10.8m | Added +100.6k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 764.4k $9.3m | Reduced -58.3k |
| MORGAN STANLEY 0.00% of their portfolio | 730.9k $9.3m | Added +251.9k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 690.6k $8.8m | Added +524.9k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 565.1k $7.2m | Added +125.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 564.7k $7.2m | Added +126.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 564.5k $7.2m | Added +117.1k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 464.6k $5.9m | Reduced -600 |
| NORGES BANK 0.00% of their portfolio | 464.5k $5.9m | Reduced -34.1k |
| EMG Holdings, L.P. 8.09% of their portfolio | 457.4k $5.8m | Reduced -300.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 449.0k $5.6m | Added +28.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 406.8k $5.2m | Reduced -90.0k |
| BARCLAYS PLC 0.00% of their portfolio | 374.5k $4.8m | Added +337.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 295.9k $3.8m | Unchanged |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 273.7k $3.5m | Added +128.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 203.9k $2.6m | Reduced -3.0k |
| Swiss National Bank 0.00% of their portfolio | 199.4k $2.5m | Reduced -1.5k |
| LPL Financial LLC 0.00% of their portfolio | 199.2k $2.5m | Added +2.2k |
| SEGALL BRYANT & HAMILL, LLC 0.03% of their portfolio | 197.3k $2.5m | New |
| UBS Group AG 0.00% of their portfolio | 196.7k $2.5m | Reduced -70.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 188.8k $2.4m | Added +49.1k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 188.1k $2.4m | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 186.1k $2.4m | Added +62.5k |
| CITIGROUP INC 0.00% of their portfolio | 174.9k $2.2m | Added +42.2k |
| Independent Advisor Alliance 0.08% of their portfolio | 173.0k $2.2m | Reduced -8.1k |
| AlphaCentric Advisors LLC 1.59% of their portfolio | 167.7k $2.1m | Unchanged |
| BlueCrest Capital Management Ltd 0.49% of their portfolio | 167.2k $2.1m | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 163.8k $2.1m | Reduced -8.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 157.5k $2.0m | Added +67.4k |
| AXS Investments LLC 0.52% of their portfolio | 154.3k $2.0m | Reduced -10.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 125.8k $1.6m | Reduced -94.6k |
| Legal & General Group Plc 0.00% of their portfolio | 116.0k $1.5m | Added +384 |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 112.5k $1.4m | Added +14.3k |
| Williams Jones Wealth Management, LLC. 0.02% of their portfolio | 107.9k $1.4m | Reduced -2.3k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 106.0k $1.3m | Added +4.7k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 98.7k $1.3m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 96.6k $1.2m | Reduced -3.0k |
| ALGERT GLOBAL LLC 0.03% of their portfolio | 95.9k $1.2m | Reduced -63.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 94.7k $1.2m | Added +6.3k |
| CAXTON ASSOCIATES LP 0.05% of their portfolio | 94.5k $1.2m | Reduced -51.4k |
| Penserra Capital Management LLC 0.03% of their portfolio | 91.5k $1.2m | Added +17.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 87.2k $1.1m | Added +998 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 86.4k $1.1m | Added +1.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 78.9k $1.0m | Reduced -1.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 75.7k $963.0k | Added +1.7k |
| SIMPLEX TRADING, LLC 0.03% of their portfolio | 72.5k $922.0k | Added +56.7k |
| Family Asset Management, LLC 0.55% of their portfolio | 72.0k $916.2k | Reduced -2.1k |
| Global Retirement Partners, LLC 0.03% of their portfolio | 70.0k $890.6k | Reduced -3.8k |
| Delphi Financial Group, Inc. 0.50% of their portfolio | 70.0k $890.4k | Reduced -20.0k |
| Curi Capital, LLC 0.02% of their portfolio | 69.0k $877.3k | Unchanged |
| DANSKE BANK A/S 0.00% of their portfolio | 67.7k $860.7k | New |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 66.8k $850.1k | Added +49.3k |
| BAYVIEW ASSET MANAGEMENT, LLC 0.43% of their portfolio | 60.0k $763.2k | Reduced -20.0k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 57.3k $728.5k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 56.2k $714.3k | Added +12.9k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 54.7k $696.2k | Reduced -338 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 52.4k $666.3k | Added +16.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 51.7k $657.2k | Reduced -994 |
| Corient Private Wealth LP 0.00% of their portfolio | 51.1k $649.7k | New |
| Composition Wealth, LLC 0.01% of their portfolio | 47.8k $607.8k | Unchanged |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 46.7k $594.0k | Added +5.7k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 46.2k $605.4k | Reduced -558 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 45.8k $582.4k | Unchanged |
| BAILARD, INC. 0.01% of their portfolio | 45.2k $574.9k | Added +7.0k |
| Engineers Gate Manager LP 0.01% of their portfolio | 44.9k $570.7k | New |
| Capital Square, LLC 0.33% of their portfolio | 42.4k $539.8k | Added +719 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 42.3k $537.8k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 39.1k $497.3k | Added +4.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 33.6k $427.9k | Reduced -9.2k |
| America First Investment Advisors, LLC 0.09% of their portfolio | 32.5k $413.4k | Unchanged |
| Inspire Investing, LLC 0.04% of their portfolio | 32.4k $411.8k | Reduced -910 |
| SG Americas Securities, LLC 0.00% of their portfolio | 30.8k $392.0k | New |
| SHERBROOKE PARK ADVISERS LLC 0.09% of their portfolio | 30.1k $382.3k | New |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 29.4k $373.9k | Added +817 |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 28.8k $366.1k | Added +25.3k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 27.8k $354.0k | Added +4.0k |
| HighTower Advisors, LLC 0.00% of their portfolio | 27.2k $346.0k | Added +549 |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.01% of their portfolio | 26.9k $341.8k | Reduced -70.6k |
| SUMMIT SECURITIES GROUP LLC 0.21% of their portfolio | 26.7k $340.0k | Reduced -5.8k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 25.9k $328.9k | New |
| Advisors Asset Management, Inc. 0.01% of their portfolio | 24.7k $314.7k | Reduced -14.7k |
| Corton Capital Inc. 0.13% of their portfolio | 20.2k $257.4k | Added +9.1k |
| ProShare Advisors LLC 0.00% of their portfolio | 19.3k $246.1k | Added +5.6k |
| STRS OHIO 0.00% of their portfolio | 19.1k $243.0k | Added +800 |