Vault-13

MFA FINL INC MFA

COM · REIT · CUSIP 55272X607

190 institutional holders +3 vs Q3 2024
63,489,56363.5m shares reported held*
$647.9mreported value*
30 new 66 added 50 reduced 28 sold out net sold ≈ $25.8m (-2.5m shares)

* 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

0100200Q3 22: 171Q4 22: 176Q1 23: 173Q2 23: 174Q3 23: 171Q4 23: 177Q1 24: 176Q2 24: 169Q3 24: 187Q4 24: 190190Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022171
Q4 2022176
Q1 2023173
Q2 2023174
Q3 2023171
Q4 2023177
Q1 2024176
Q2 2024169
Q3 2024187
Q4 2024190

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q1 23: 103 bought or addedQ1 23: 61 cut or sold outQ2 23: 76 bought or addedQ2 23: 88 cut or sold outQ2 23Q3 23: 91 bought or addedQ3 23: 63 cut or sold outQ4 23: 72 bought or addedQ4 23: 88 cut or sold outQ4 23Q1 24: 81 bought or addedQ1 24: 80 cut or sold outQ2 24: 88 bought or addedQ2 24: 66 cut or sold outQ2 24Q3 24: 101 bought or addedQ3 24: 62 cut or sold outQ4 24: 96 bought or addedQ4 24: 78 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 202310361
Q2 20237688
Q3 20239163
Q4 20237288
Q1 20248180
Q2 20248866
Q3 202410162
Q4 20249678

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15mQ1 24 calls: $4.7mQ1 24 puts: $10.9mQ1 24P/C 2.33Q2 24 calls: $4.0mQ2 24 puts: $4.3mQ2 24P/C 1.06Q3 24 calls: $10.0mQ3 24 puts: $5.7mQ3 24P/C 0.57Q4 24 calls: $12.3mQ4 24 puts: $4.3mQ4 24P/C 0.35
Numbers
QuarterCallsPutsP/C
Q1 2024$4.7m$10.9m2.33
Q2 2024$4.0m$4.3m1.06
Q3 2024$10.0m$5.7m0.57
Q4 2024$12.3m$4.3m0.35

Biggest buyers

Balyasny Asset Management L.P. New +1,798,284+1.8m
FIRST TRUST ADVISORS LP Added +668,618+668.6k
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Added +502,840+502.8k
CITIGROUP INC Added +437,457+437.5k
UBS Group AG Added +352,321+352.3k
Qube Research & Technologies Ltd Added +266,449+266.4k
MORGAN STANLEY Added +252,501+252.5k
GraniteShares Advisors LLC New +243,728+243.7k
Invesco Ltd. Added +177,067+177.1k
VAN ECK ASSOCIATES CORP Added +155,210+155.2k

Biggest sellers

WELLINGTON MANAGEMENT GROUP LLP Reduced -3,130,320-3.1m
JPMORGAN CHASE & CO Reduced -1,318,347-1.3m
Nuveen Asset Management, LLC Reduced -671,748-671.7k
MILLENNIUM MANAGEMENT LLC Reduced -618,419-618.4k
TWO SIGMA INVESTMENTS, LP Reduced -477,965-478.0k
VOYA INVESTMENT MANAGEMENT LLC Reduced -311,122-311.1k
EMG Holdings, L.P. Reduced -239,345-239.3k
RENAISSANCE TECHNOLOGIES LLC Reduced -224,825-224.8k
AlphaCentric Advisors LLC Sold out -167,725-167.7k
TWO SIGMA ADVISERS, LP Reduced -164,900-164.9k

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.

HolderStakeChangeShares Last filed
VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 5.2% new 5.3m≈ $51.2m 2026-04-30

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 10,111,40310.1m $103.0m $103.0m 0.00% Added +19.3k +19,257
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 9,691,2189.7m $98.8m $98.8m 0.00% Reduced -117.0k -116,970
3 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 7,874,8187.9m $80.2m $80.2m 0.01% Reduced -3.1m -3,130,320
4 VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.48% of their portfolio HOUSTON, TX 5,085,9275.1m $51.8m $51.8m 0.48% Added +502.8k +502,840
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,649,7912.6m $27.9m $27.9m 0.00% Added +70.0k +69,973
6 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,399,1952.4m $24.5m $24.5m 0.00% Reduced -8.3k -8,260
7 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,895,6701.9m $19.3m $19.3m 0.00% Added +60.3k +60,261
8 Balyasny Asset Management L.P. 0.04% of their portfolio Chicago, IL 1,798,2841.8m $18.3m $18.3m 0.04% New
9 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% of their portfolio CAUSEWAY BAY, K3 1,571,8311.6m $16.0m $16.0m 0.03% Added +68.8k +68,846
10 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,223,1121.2m $12.5m $12.5m 0.00% Added +177.1k +177,067
11 FMR LLC 0.00% of their portfolio BOSTON, MA 1,222,1291.2m $12.5m $12.5m 0.00% Added +1.6k +1,569
12 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,006,8421.0m $10.3m $10.3m 0.00% Added +97.9k +97,945
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 983,359983.4k $10.0m $10.0m 0.00% Added +252.5k +252,501
14 NATIXIS ADVISORS, LLC 0.02% of their portfolio Boston, MA 938,181938.2k $9.6m $9.6m 0.02% Added +40.0k +39,969
15 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 919,603919.6k $9.4m $9.4m 0.01% Added +155.2k +155,210
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 844,103844.1k $8.6m $8.6m 0.00% Reduced -1.3m -1,318,347
17 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 794,394794.4k $8.1m $8.1m 0.01% Added +668.6k +668,618
18 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 726,800726.8k $7.4m $7.4m 0.01% Reduced -126.9k -126,900
19 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 705,502705.5k $7.2m $7.2m 0.01% Added +140.4k +140,418
20 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 620,525620.5k $6.3m $6.3m 0.01% Reduced -224.8k -224,825
21 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 612,330612.3k $6.2m $6.2m 0.01% Added +437.5k +437,457
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 595,043595.0k $6.1m $6.1m 0.00% Added +30.3k +30,305
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 549,049549.0k $5.6m $5.6m 0.00% Added +352.3k +352,321
24 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 493,125493.1k $5.0m $5.0m 0.01% Added +28.5k +28,500
25 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 479,690479.7k $4.9m $4.9m 0.00% Added +72.9k +72,867
26 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 449,188449.2k $4.6m $4.6m 0.00% Added +199 +199
27 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 404,779404.8k $4.1m $4.1m 0.01% Reduced -478.0k -477,965
28 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 365,107365.1k $3.7m $3.7m 0.01% Added +266.4k +266,449
29 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 355,795355.8k $3.6m $3.6m 0.00% Added +59.9k +59,850
30 NORGES BANK 0.00% of their portfolio OSLO, Q8 349,758349.8k $3.6m $3.6m 0.00% Reduced -114.8k -114,785
31 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 315,193315.2k $3.2m $3.2m 0.00% Reduced -671.7k -671,748
32 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 294,110294.1k $3.0m $3.0m 0.00% Reduced -80.4k -80,371
33 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 253,403253.4k $2.6m $2.6m 0.00% Reduced -311.1k -311,122
34 GraniteShares Advisors LLC 1.57% of their portfolio NEW YORK, NY 243,728243.7k $2.5m $2.5m 1.57% New
35 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 232,815232.8k $2.4m $2.4m 0.00% Added +33.6k +33,578
36 EMG Holdings, L.P. 3.06% of their portfolio OLD GREENWICH, CT 218,100218.1k $2.2m $2.2m 3.06% Reduced -239.3k -239,345
37 Swiss National Bank 0.00% of their portfolio ZURICH, V8 199,375199.4k $2.0m $2.0m 0.00% Unchanged
38 SEGALL BRYANT & HAMILL, LLC 0.03% of their portfolio CHICAGO, IL 190,556190.6k $1.9m $1.9m 0.03% Reduced -6.7k -6,699
39 TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio AUSTIN, TX 188,015188.0k $1.9m $1.9m 0.01% Added +82.0k +82,039
40 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 181,431181.4k $1.8m $1.8m 0.00% Added +23.9k +23,950
41 Independent Advisor Alliance 0.02% of their portfolio CHARLOTTE, NC 174,183174.2k $1.8m $1.8m 0.02% Added +1.2k +1,224
42 BlueCrest Capital Management Ltd 0.10% of their portfolio ST HELIER, Y9 167,160167.2k $1.7m $1.7m 0.10% Unchanged
43 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 166,046166.0k $1.7m $1.7m 0.00% Added +2.3k +2,287
44 AXS Investments LLC 0.39% of their portfolio PORT CHESTER, NY 137,792137.8k $1.4m $1.4m 0.39% Reduced -16.5k -16,516
45 Legal & General Group Plc 0.00% of their portfolio London, X0 129,107129.1k $1.3m $1.3m 0.00% Added +13.1k +13,115
46 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 124,317124.3k $1.3m $1.3m 0.00% Added +29.6k +29,584
47 Penserra Capital Management LLC 0.02% of their portfolio ORINDA, CA 109,627109.6k $1.1m $1.1m 0.02% Added +18.2k +18,158
48 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 108,800108.8k $1.1m $1.1m 0.00% Reduced -164.9k -164,900
49 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 104,141104.1k $1.1m $1.1m 0.00% Added +28.5k +28,483
50 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 100,487100.5k $1.0m $1.0m 0.00% Added +49.4k +49,407
51 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 95,39495.4k $972.1k $972.1k 0.00% Reduced -1.2k -1,213
52 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 94,09294.1k $958.8k $958.8k 0.00% Added +15.2k +15,180
53 Campbell & CO Investment Adviser LLC 0.07% of their portfolio BALTIMORE, MD 94,02094.0k $958.1k $958.1k 0.07% New
54 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 93,75493.8k $956.0k $956.0k 0.00% Added +6.6k +6,556
55 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 87,09587.1k $888.0k $888.0k 0.00% Reduced -101.0k -100,996
56 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 86,88986.9k $885.4k $885.4k 0.00% Reduced -101.9k -101,917
57 CAXTON ASSOCIATES LP 0.03% of their portfolio NEW YORK, NY 86,42786.4k $880.7k $880.7k 0.03% Reduced -8.1k -8,108
58 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 84,50284.5k $861.1k $861.1k 0.00% Added +28.3k +28,348
59 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 84,07884.1k $856.7k $856.7k 0.00% Reduced -2.3k -2,274
60 Almitas Capital LLC 0.17% of their portfolio SANTA MONICA, CA 77,44077.4k $789.1k $789.1k 0.17% New
61 Caption Management, LLC 0.03% of their portfolio OKLAHOMA CITY, OK 75,45475.5k $768.9k $768.9k 0.03% New
62 Williams Jones Wealth Management, LLC. 0.01% of their portfolio NEW YORK, NY 74,06274.1k $754.7k $754.7k 0.01% Reduced -33.9k -33,875
63 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 72,22472.2k $736.0k $736.0k 0.00% Reduced -618.4k -618,419
64 Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio TOKYO, M0 72,00372.0k $733.7k $733.7k 0.00% Added +5.2k +5,173
65 Delphi Financial Group, Inc. 0.38% of their portfolio Wilmington, DE 70,00070.0k $713.3k $713.3k 0.38% Unchanged
66 INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio WEST PALM BEACH, FL 69,63069.6k $709.5k $709.5k 0.01% Added +43.8k +43,775
67 Curi Capital, LLC 0.02% of their portfolio CHICAGO, IL 68,96869.0k $702.8k $702.8k 0.02% Unchanged
68 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 62,13662.1k $633.2k $633.2k 0.00% First filing
69 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 59,59759.6k $607.3k $607.3k 0.00% Added +2.3k +2,328
70 Cannell & Spears LLC 0.01% of their portfolio NEW YORK, NY 57,70057.7k $588.0k $588.0k 0.01% Added +40.9k +40,900
71 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 50,89450.9k $518.6k $518.6k 0.00% Reduced -3.8k -3,841
72 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 50,20450.2k $511.6k $511.6k 0.00% Reduced -1.5k -1,462
73 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 48,32848.3k $492.5k $492.5k 0.00% Reduced -155.5k -155,525
74 Composition Wealth, LLC 0.01% of their portfolio LOS ANGELES, CA 47,78147.8k $486.9k $486.9k 0.01% Unchanged
75 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 45,78745.8k $466.6k $466.6k 0.00% Unchanged
76 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 42,29542.3k $430.4k $430.4k 0.00% Unchanged
77 Capital Square, LLC 0.24% of their portfolio ATHENS, TN 42,08442.1k $428.4k $428.4k 0.24% Reduced -355 -355
78 KINGSWOOD WEALTH ADVISORS, LLC 0.03% of their portfolio SAN DIEGO, CA 42,00042.0k $428.0k $428.0k 0.03% New
79 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 41,72641.7k $425.2k $425.2k 0.01% Reduced -3.1k -3,137
80 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 41,40741.4k $437.4k $437.4k 0.00% Reduced -4.8k -4,809
81 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 40,68140.7k $415.0k $415.0k 0.00% Added +9.8k +9,836
82 Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio HONG KONG, K3 39,98140.0k $407.4k $407.4k 0.03% New
83 Inspire Investing, LLC 0.05% of their portfolio MERIDIAN, ID 39,59439.6k $403.5k $403.5k 0.05% Added +7.2k +7,220
84 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 35,31535.3k $360.0k $360.0k 0.00% Reduced -3.8k -3,764
85 QRG CAPITAL MANAGEMENT, INC. 0.00% of their portfolio BERWYN, PA 33,67933.7k $343.2k $343.2k 0.00% New
86 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 33,63833.6k $342.8k $342.8k 0.00% Unchanged
87 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 33,52533.5k $341.6k $341.6k 0.00% New
88 America First Investment Advisors, LLC 0.07% of their portfolio OMAHA, NE 32,50132.5k $331.2k $331.2k 0.07% Unchanged
89 Brevan Howard Capital Management LP 0.01% of their portfolio ST. HELIER, Y9 31,71231.7k $323.1k $323.1k 0.01% New
90 FOX RUN MANAGEMENT, L.L.C. 0.06% of their portfolio GREENWICH, CT 31,06731.1k $316.6k $316.6k 0.06% Added +20.1k +20,090
91 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 29,62629.6k $301.9k $301.9k 0.00% Added +232 +232
92 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 28,82928.8k $293.8k $293.8k 0.00% Added +9.5k +9,485
93 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 27,84727.8k $284.0k $284.0k 0.00% Unchanged
94 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 27,36727.4k $278.9k $278.9k 0.01% Reduced -1.4k -1,418
95 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 23,00923.0k $234.5k $234.5k 0.00% Reduced -4.2k -4,174
96 KLP KAPITALFORVALTNING AS 0.00% of their portfolio OSLO, Q8 22,85022.9k $239.6k $239.6k 0.00% First filing
97 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 22,76722.8k $232.0k $232.0k 0.00% Reduced -163.4k -163,363
98 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 22,70122.7k $231.3k $231.3k 0.00% New
99 Advisors Asset Management, Inc. 0.00% of their portfolio Monument, CO 21,42721.4k $218.3k $218.3k 0.00% Reduced -3.3k -3,317
100 Nebula Research & Development LLC 0.03% of their portfolio New York, NY 21,33221.3k $217.4k $217.4k 0.03% New