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 ($9.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.21. Options: 8 managers hold calls ($12.3m notional), 8 hold puts ($4.3m).
Trends to Q4 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 |
| Q4 2024 | 190 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2024 | 96 | 78 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $4.7m | $10.9m | 2.33 |
| Q2 2024 | $4.0m | $4.3m | 1.06 |
| Q3 2024 | $10.0m | $5.7m | 0.57 |
| Q4 2024 | $12.3m | $4.3m | 0.35 |
Biggest buyers
| Balyasny Asset Management L.P. | New | +1.8m |
| FIRST TRUST ADVISORS LP | Added | +668.6k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Added | +502.8k |
| CITIGROUP INC | Added | +437.5k |
| UBS Group AG | Added | +352.3k |
| Qube Research & Technologies Ltd | Added | +266.4k |
| MORGAN STANLEY | Added | +252.5k |
| GraniteShares Advisors LLC | New | +243.7k |
| Invesco Ltd. | Added | +177.1k |
| VAN ECK ASSOCIATES CORP | Added | +155.2k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -3.1m |
| JPMORGAN CHASE & CO | Reduced | -1.3m |
| Nuveen Asset Management, LLC | Reduced | -671.7k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -618.4k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -478.0k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -311.1k |
| EMG Holdings, L.P. | Reduced | -239.3k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -224.8k |
| AlphaCentric Advisors LLC | Sold out | -167.7k |
| TWO SIGMA ADVISERS, LP | Reduced | -164.9k |
Biggest calls
| Centiva Capital, LP | Added | $10.5m1.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $714.3k70.1k shares |
| CITADEL ADVISORS LLC | Added | $408.6k40.1k shares |
| Squarepoint Ops LLC | Added | $212.0k20.8k shares |
| WOLVERINE TRADING, LLC | Added | $176.8k17.3k shares |
| SIMPLEX TRADING, LLC | Added | $153.0k15.1k shares |
| GROUP ONE TRADING LLC | Added | $112.1k11.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $2.1m207.1k shares |
| Squarepoint Ops LLC | New | $691.9k67.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $542.1k53.2k shares |
| JANE STREET GROUP, LLC | Reduced | $311.8k30.6k shares |
| GROUP ONE TRADING LLC | Reduced | $258.8k25.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $195.0k19.2k shares |
| WOLVERINE TRADING, LLC | New | $193.2k18.9k 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 Q4 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 Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 10.1m $103.0m | Added +19.3k |
| BlackRock, Inc. 0.00% of their portfolio | 9.7m $98.8m | Reduced -117.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 7.9m $80.2m | Reduced -3.1m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.48% of their portfolio | 5.1m $51.8m | Added +502.8k |
| STATE STREET CORP 0.00% of their portfolio | 2.6m $27.9m | Added +70.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.4m $24.5m | Reduced -8.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.9m $19.3m | Added +60.3k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 1.8m $18.3m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% of their portfolio | 1.6m $16.0m | Added +68.8k |
| Invesco Ltd. 0.00% of their portfolio | 1.2m $12.5m | Added +177.1k |
| FMR LLC 0.00% of their portfolio | 1.2m $12.5m | Added +1.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.0m $10.3m | Added +97.9k |
| MORGAN STANLEY 0.00% of their portfolio | 983.4k $10.0m | Added +252.5k |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 938.2k $9.6m | Added +40.0k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 919.6k $9.4m | Added +155.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 844.1k $8.6m | Reduced -1.3m |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 794.4k $8.1m | Added +668.6k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 726.8k $7.4m | Reduced -126.9k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 705.5k $7.2m | Added +140.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 620.5k $6.3m | Reduced -224.8k |
| CITIGROUP INC 0.01% of their portfolio | 612.3k $6.2m | Added +437.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 595.0k $6.1m | Added +30.3k |
| UBS Group AG 0.00% of their portfolio | 549.0k $5.6m | Added +352.3k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 493.1k $5.0m | Added +28.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 479.7k $4.9m | Added +72.9k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 449.2k $4.6m | Added +199 |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 404.8k $4.1m | Reduced -478.0k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 365.1k $3.7m | Added +266.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 355.8k $3.6m | Added +59.9k |
| NORGES BANK 0.00% of their portfolio | 349.8k $3.6m | Reduced -114.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 315.2k $3.2m | Reduced -671.7k |
| BARCLAYS PLC 0.00% of their portfolio | 294.1k $3.0m | Reduced -80.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 253.4k $2.6m | Reduced -311.1k |
| GraniteShares Advisors LLC 1.57% of their portfolio | 243.7k $2.5m | New |
| LPL Financial LLC 0.00% of their portfolio | 232.8k $2.4m | Added +33.6k |
| EMG Holdings, L.P. 3.06% of their portfolio | 218.1k $2.2m | Reduced -239.3k |
| Swiss National Bank 0.00% of their portfolio | 199.4k $2.0m | Unchanged |
| SEGALL BRYANT & HAMILL, LLC 0.03% of their portfolio | 190.6k $1.9m | Reduced -6.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 188.0k $1.9m | Added +82.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 181.4k $1.8m | Added +23.9k |
| Independent Advisor Alliance 0.02% of their portfolio | 174.2k $1.8m | Added +1.2k |
| BlueCrest Capital Management Ltd 0.10% of their portfolio | 167.2k $1.7m | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 166.0k $1.7m | Added +2.3k |
| AXS Investments LLC 0.39% of their portfolio | 137.8k $1.4m | Reduced -16.5k |
| Legal & General Group Plc 0.00% of their portfolio | 129.1k $1.3m | Added +13.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 124.3k $1.3m | Added +29.6k |
| Penserra Capital Management LLC 0.02% of their portfolio | 109.6k $1.1m | Added +18.2k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 108.8k $1.1m | Reduced -164.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 104.1k $1.1m | Added +28.5k |
| Corient Private Wealth LP 0.00% of their portfolio | 100.5k $1.0m | Added +49.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 95.4k $972.1k | Reduced -1.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 94.1k $958.8k | Added +15.2k |
| Campbell & CO Investment Adviser LLC 0.07% of their portfolio | 94.0k $958.1k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 93.8k $956.0k | Added +6.6k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 87.1k $888.0k | Reduced -101.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 86.9k $885.4k | Reduced -101.9k |
| CAXTON ASSOCIATES LP 0.03% of their portfolio | 86.4k $880.7k | Reduced -8.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 84.5k $861.1k | Added +28.3k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 84.1k $856.7k | Reduced -2.3k |
| Almitas Capital LLC 0.17% of their portfolio | 77.4k $789.1k | New |
| Caption Management, LLC 0.03% of their portfolio | 75.5k $768.9k | New |
| Williams Jones Wealth Management, LLC. 0.01% of their portfolio | 74.1k $754.7k | Reduced -33.9k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 72.2k $736.0k | Reduced -618.4k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 72.0k $733.7k | Added +5.2k |
| Delphi Financial Group, Inc. 0.38% of their portfolio | 70.0k $713.3k | Unchanged |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 69.6k $709.5k | Added +43.8k |
| Curi Capital, LLC 0.02% of their portfolio | 69.0k $702.8k | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 62.1k $633.2k | First filing |
| MetLife Investment Management, LLC 0.00% of their portfolio | 59.6k $607.3k | Added +2.3k |
| Cannell & Spears LLC 0.01% of their portfolio | 57.7k $588.0k | Added +40.9k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 50.9k $518.6k | Reduced -3.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 50.2k $511.6k | Reduced -1.5k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 48.3k $492.5k | Reduced -155.5k |
| Composition Wealth, LLC 0.01% of their portfolio | 47.8k $486.9k | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 45.8k $466.6k | Unchanged |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 42.3k $430.4k | Unchanged |
| Capital Square, LLC 0.24% of their portfolio | 42.1k $428.4k | Reduced -355 |
| KINGSWOOD WEALTH ADVISORS, LLC 0.03% of their portfolio | 42.0k $428.0k | New |
| Engineers Gate Manager LP 0.01% of their portfolio | 41.7k $425.2k | Reduced -3.1k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 41.4k $437.4k | Reduced -4.8k |
| SG Americas Securities, LLC 0.00% of their portfolio | 40.7k $415.0k | Added +9.8k |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 40.0k $407.4k | New |
| Inspire Investing, LLC 0.05% of their portfolio | 39.6k $403.5k | Added +7.2k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 35.3k $360.0k | Reduced -3.8k |
| QRG CAPITAL MANAGEMENT, INC. 0.00% of their portfolio | 33.7k $343.2k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 33.6k $342.8k | Unchanged |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 33.5k $341.6k | New |
| America First Investment Advisors, LLC 0.07% of their portfolio | 32.5k $331.2k | Unchanged |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 31.7k $323.1k | New |
| FOX RUN MANAGEMENT, L.L.C. 0.06% of their portfolio | 31.1k $316.6k | Added +20.1k |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 29.6k $301.9k | Added +232 |
| ProShare Advisors LLC 0.00% of their portfolio | 28.8k $293.8k | Added +9.5k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 27.8k $284.0k | Unchanged |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 27.4k $278.9k | Reduced -1.4k |
| HighTower Advisors, LLC 0.00% of their portfolio | 23.0k $234.5k | Reduced -4.2k |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 22.9k $239.6k | First filing |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 22.8k $232.0k | Reduced -163.4k |
| Squarepoint Ops LLC 0.00% of their portfolio | 22.7k $231.3k | New |
| Advisors Asset Management, Inc. 0.00% of their portfolio | 21.4k $218.3k | Reduced -3.3k |
| Nebula Research & Development LLC 0.03% of their portfolio | 21.3k $217.4k | New |