MEDALLION FINL CORP MFIN
COM · Common Stock · CUSIP 583928106
- SectorFinancials
- IndustryFinance Services
- 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 ($319.0k this quarter). Holder counts are more reliable. Shares outstanding: 23.2m as of 2025-08-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $9.53. Options: 5 managers hold calls ($1.7m notional), 3 hold puts ($317.4k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 53 |
| Q4 2022 | 54 |
| Q1 2023 | 58 |
| Q2 2023 | 59 |
| Q3 2023 | 72 |
| Q4 2023 | 77 |
| Q1 2024 | 85 |
| Q2 2024 | 82 |
| Q3 2024 | 83 |
| Q4 2024 | 82 |
| Q1 2025 | 85 |
| Q2 2025 | 91 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 38 | 20 |
| Q4 2023 | 33 | 28 |
| Q1 2024 | 41 | 28 |
| Q2 2024 | 46 | 39 |
| Q3 2024 | 38 | 31 |
| Q4 2024 | 39 | 27 |
| Q1 2025 | 32 | 37 |
| Q2 2025 | 39 | 36 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $1.6m | $400.6k | 0.25 |
| Q4 2024 | $3.0m | $141.5k | 0.05 |
| Q1 2025 | $1.2m | $447.6k | 0.36 |
| Q2 2025 | $1.7m | $317.4k | 0.19 |
Biggest buyers
| Uniplan Investment Counsel, Inc. | Added | +165.9k |
| SEGALL BRYANT & HAMILL, LLC | New | +121.3k |
| Hillsdale Investment Management Inc. | New | +28.5k |
| JANE STREET GROUP, LLC | New | +25.2k |
| ROYAL BANK OF CANADA | Added | +21.5k |
| PANAGORA ASSET MANAGEMENT INC | New | +21.4k |
| STATE STREET CORP | Added | +20.7k |
| De Lisle Partners LLP | Added | +20.2k |
| Squarepoint Ops LLC | Added | +19.8k |
| MORGAN STANLEY | Added | +18.2k |
Biggest sellers
| BlackRock, Inc. | Reduced | -64.4k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -48.3k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -26.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -24.3k |
| MARSHALL WACE, LLP | Reduced | -23.8k |
| GOLDMAN SACHS GROUP INC | Reduced | -22.5k |
| Corton Capital Inc. | Sold out | -19.6k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -19.4k |
| TWO SIGMA ADVISERS, LP | Reduced | -18.7k |
| STIFEL FINANCIAL CORP | Reduced | -18.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $649.0k68.1k shares |
| CITADEL ADVISORS LLC | Added | $499.4k52.4k shares |
| GROUP ONE TRADING LLC | Reduced | $329.7k34.6k shares |
| SIMPLEX TRADING, LLC | Added | $229.0k24.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $315.4k33.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.0k300 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 |
|---|---|
| MURSTEIN ANDREW 13G · exempt (held before listing) +0.8 pts · filed 2026-04-06 | 11.7% |
| MURSTEIN ALVIN 13D · may seek influence filed 2025-02-18 | 8.1% |
Amster Howard
13D · may seek influence
new · filed 2024-12-18
Stated purposeThe Reporting Persons acquired the shares of Common Stock for investment purposes While the Reporting Persons have no present intention to dispose of all or any portion of the Common Stock beneficially owned by them, any such sales of the Common Stock may be made in the open market, privately negotiated transactions, or otherwise. Depending on their assessment of the forgoing factors, the Reporting Persons may, from time to time, modify their present intention as stated in this Item 4. In addition, they may, at their discretion purchase additional Common Stock of the Issuer. Except as set forth above, the Reporting Persons do not have at this time any specific plans which would result in (a) the acquisition by the Reporting Persons of additional securities or the disposition by the Reporti… Full filing |
6.1% |
| KORR Value L.P. 13D · may seek influence filed 2025-01-03 | 5.0% |
Insider purchases and sales in Q2 2025
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 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | $41.4k | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 1.2m $11.5m | Reduced -64.4k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.1m $10.3m | Reduced -8.3k |
| Tieton Capital Management, LLC 3.57% of their portfolio | 958.0k $9.1m | Reduced -8.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 408.7k $3.9m | Reduced -19.4k |
| STATE STREET CORP 0.00% of their portfolio | 238.8k $2.3m | Added +20.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 223.8k $2.1m | Reduced -18.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 221.9k $2.1m | Reduced -48.3k |
| Uniplan Investment Counsel, Inc. 0.21% of their portfolio | 221.3k $2.1m | Added +165.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 216.2k $2.1m | Reduced -322 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio | 165.3k $1.6m | Added +15.5k |
| GAMCO INVESTORS, INC. ET AL 0.02% of their portfolio | 162.0k $1.5m | Unchanged |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 141.6k $1.3m | Added +2.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 129.0k $1.2m | Reduced -15.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 126.0k $1.2m | Reduced -587 |
| De Lisle Partners LLP 0.17% of their portfolio | 123.8k $1.2m | Added +20.2k |
| SEGALL BRYANT & HAMILL, LLC 0.02% of their portfolio | 121.3k $1.2m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 118.3k $1.1m | Added +14.6k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 103.5k $986.4k | Reduced -18.7k |
| GABELLI FUNDS LLC 0.01% of their portfolio | 78.0k $743.3k | Reduced -2.0k |
| RITHOLTZ WEALTH MANAGEMENT 0.02% of their portfolio | 75.9k $723.0k | Added +13.5k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 69.1k $659.0k | Added +3.1k |
| MORGAN STANLEY 0.00% of their portfolio | 67.0k $638.9k | Added +18.2k |
| Teton Advisors, Inc. 0.36% of their portfolio | 61.5k $586.1k | Reduced -5.5k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 60.5k $577.0k | Reduced -26.1k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 59.7k $568.9k | Reduced -23.8k |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 59.1k $563.0k | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 47.3k $450.7k | Reduced -3.5k |
| Soltis Investment Advisors LLC 0.04% of their portfolio | 47.3k $450.7k | Unchanged |
| CORSAIR CAPITAL MANAGEMENT, L.P. 0.09% of their portfolio | 47.1k $448.8k | Added +5.9k |
| Squarepoint Ops LLC 0.00% of their portfolio | 41.2k $392.6k | Added +19.8k |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 40.7k $388.0k | Added +16.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 39.6k $376.0k | Added +21.5k |
| BARCLAYS PLC 0.00% of their portfolio | 36.6k $349.1k | Added +13.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 35.0k $333.2k | Reduced -6.7k |
| Invesco Ltd. 0.00% of their portfolio | 32.7k $311.4k | Reduced -7.3k |
| WINTON GROUP Ltd 0.02% of their portfolio | 30.9k $294.8k | Reduced -1.2k |
| Empowered Funds, LLC 0.00% of their portfolio | 30.5k $291.0k | Added +2.7k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 30.1k $286.9k | Added +14.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 29.7k $283.1k | Added +1.9k |
| Hillsdale Investment Management Inc. 0.01% of their portfolio | 28.5k $271.6k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 26.6k $253.5k | Reduced -24.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 25.2k $240.2k | Added +3.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 25.2k $240.1k | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 21.5k $206.7k | Added +3.4k |
| PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio | 21.4k $204.4k | New |
| UBS Group AG 0.00% of their portfolio | 21.4k $204.1k | Added +2.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 21.0k $200.5k | Added +14.4k |
| Nuveen, LLC 0.00% of their portfolio | 18.8k $179.0k | Unchanged |
| MARTINGALE ASSET MANAGEMENT L P 0.00% of their portfolio | 16.6k $157.9k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 16.5k $157.0k | Reduced -22.5k |
| Allworth Financial LP 0.00% of their portfolio | 16.0k $152.5k | New |
| PDT Partners, LLC 0.01% of their portfolio | 15.6k $148.4k | Unchanged |
| HRT FINANCIAL LP 0.00% of their portfolio | 13.5k $128.0k | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 11.5k $109.1k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 11.2k $106.7k | Reduced -115 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 11.1k $106.1k | Reduced -663 |
| Baron Wealth Management LLC 0.04% of their portfolio | 10.8k $103.2k | New |
| LPL Financial LLC 0.00% of their portfolio | 10.6k $100.8k | Reduced -334 |
| D'Orazio & Associates, Inc. 0.01% of their portfolio | 10.6k $100.6k | Reduced -400 |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 10.0k $95.5k | Reduced -1.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 8.9k $84.8k | Reduced -2.3k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 8.0k $76.2k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 7.7k $73.2k | Reduced -1.4k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 6.3k $59.8k | Added +5.3k |
| CITIGROUP INC 0.00% of their portfolio | 5.9k $56.2k | Reduced -7.4k |
| Ridgewood Investments LLC 0.02% of their portfolio | 5.0k $47.6k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 2.9k $28.0k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 2.6k $24.4k | Reduced -2.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 2.1k $20.0k | Unchanged |
| Smartleaf Asset Management LLC 0.00% of their portfolio | 2.0k $19.4k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.8k $17.5k | Unchanged |
| Investors Research Corp 0.00% of their portfolio | 1.8k $17.2k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 1.6k $14.9k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 1.4k $12.9k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 648 $6.0k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 606 $5.8k | Added +453 |
| HARBOR CAPITAL ADVISORS, INC. 0.00% of their portfolio | 593 $6.0k | Added +9 |
| Sterling Capital Management LLC 0.00% of their portfolio | 522 $5.0k | Added +203 |
| FMR LLC 0.00% of their portfolio | 519 $4.9k | Reduced -40 |
| COMERICA BANK 0.00% of their portfolio | 200 $1.9k | Reduced -26 |
| CWM, LLC 0.00% of their portfolio | 126 $1.0k | Added +38 |
| Rise Advisors, LLC 0.00% of their portfolio | 63 $600 | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 62 $591 | Added +61 |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 29 $276 | New |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 9 $86 | Added +3 |
| IFP Advisors, Inc 0.00% of their portfolio | 8 $305 | New |
| Key Financial Inc 0.00% of their portfolio | 6 $57 | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 4 $41 | Unchanged |
| Essential Partners LLC 0.00% of their portfolio | 3 $29 | First filing |
| Covestor Ltd 0.00% of their portfolio | 2 $0 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |