Medallion Financial

MFIN • NASDAQ

Medallion Financial is a financial - credit services company in the financial services sector on NASDAQ, led by Alvin Murstein, with a market cap of $247.9M. As of Q3 2025, 32% of shares are held by 88 institutional investors, with BlackRock, Inc. as the largest holder at 4.82%.

Chairman, Chief Executive Officer, and DirectorAlvin Murstein

Market Cap$247.9M

Financial - Credit Services

Financial Services

Employees169.0

Websitemedallion.com

Country

United States of America

Overview

Overview of institutional ownership in MFIN as of Q3 2025 with a market cap of $234.8M

All Institutions

Institutions: 88
Value Held: $74.5M
Shares Held: 7.4M
Avg Position: $846.2K
Median Position: $190.5K

Hedge Funds

Hedge Funds: 9
Value Held: $5.6M
Shares Held: 554.6K
Avg Position: $622.4K
Median Position: $582.1K

Ownership Breakdown

Institutional (non-HF)

29.33%

$68.9M

Hedge Funds

2.39%

$5.6M

Retail & Other

68.28%

$160.3M

Based on market cap of $234.8M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in MFIN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$11.3M 0.00% of portfolio	4.82% 1.1M shares	Q2 2019 Held for 6y 5m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$10.9M 0.00% of portfolio	4.66% 1.1M shares	Q2 2019 Held for 6y 5m	$6.69T
T Tieton Capital Management, LLC Long Only Manager	William Joseph Dezellem President	$9.9M 3.45% of portfolio	4.23% 984.2K shares	Q1 2019 Held for 6y 8m	$288.1M
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$4.0M 0.00% of portfolio	1.72% 400.3K shares	Q2 2019 Held for 6y 5m	$1.57T
Uniplan Investment Counsel, Inc. RIA/Wealth	Kris Hunter Jamison CEO	$2.6M 0.26% of portfolio	1.09% 252.8K shares	Q1 2025 Held for 8 months	$983.7M
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$2.4M 0.00% of portfolio	1.04% 241.0K shares	Q2 2021 Held for 4y 5m	$2.88T
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	Steven Benard Huang President	$2.2M 0.01% of portfolio	0.95% 221.8K shares	Q3 2021 Held for 4y 2m	$31.7B
A AMERICAN CENTURY COMPANIES INC Institution	-	$2.2M 0.00% of portfolio	0.93% 216.2K shares	Q4 2022 Held for 2y 11m	$195.93B
O'SHAUGHNESSY ASSET MANAGEMENT, LLC Long Only Manager	Patrick Walker O'Shaughnessy Chairman	$1.9M 0.01% of portfolio	0.80% 185.7K shares	Q2 2022 Held for 3y 5m	$17.0B
S STIFEL FINANCIAL CORP Long Only Manager	Adam Vartan Topalian CIO	$1.8M 0.00% of portfolio	0.76% 175.5K shares	Q1 2014 Held for 11y 8m	$109.37B

Net Capital Flow

Institutional buying and selling activity for MFIN in Q3 2025

Traded: +$625.1K
Buyers: 46
Sellers: 31
Total Bought: +$3.4M
Total Sold: −$2.8M
Avg Position: $775.7K

Biggest Buyers

Institution	Net Bought	Current Position
GOLDMAN SACHS GROUP INC Institution	+$548.9K +54.3K shares	$715.3K 70.8K shares
Uniplan Investment Counsel, Inc. RIA/Wealth	+$318.3K +31.5K shares	$2.6M 252.8K shares
T Tieton Capital Management, LLC Long Only Manager	+$265.0K +26.2K shares	$9.9M 984.2K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$263.5K +26.1K shares	$875.0K 86.6K shares
O'SHAUGHNESSY ASSET MANAGEMENT, LLC Long Only Manager	+$205.6K +20.4K shares	$1.9M 185.7K shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$165.9K +16.4K shares	$582.1K 57.6K shares
Empowered Funds, LLC ETF Provider	+$154.2K +15.3K shares	$462.6K 45.8K shares
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	+$154.2K +15.3K shares	$1.6M 156.9K shares
Marshall Wace LLP Institution	+$151.0K +15.0K shares	$753.9K 74.6K shares
J JANE STREET GROUP, LLC Institution	+$151.0K +14.9K shares	$405.4K 40.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$910.9K −90.2K shares	$11.3M 1.1M shares
S STIFEL FINANCIAL CORP Long Only Manager	−$487.9K −48.3K shares	$1.8M 175.5K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$253.5K −26.6K shares	Sold Off 0 shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	−$200.5K −21.0K shares	Sold Off 0 shares
H HRT FINANCIAL LLC Institution	−$128.2K −13.5K shares	Sold Off 0 shares
L LPL Financial LLC Institution	−$100.8K −10.6K shares	Sold Off 0 shares
INTECH INVESTMENT MANAGEMENT LLC Long Only Manager	−$95.5K −10.0K shares	Sold Off 0 shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	−$84.9K −8.4K shares	$4.0M 400.3K shares
MORGAN STANLEY RIA/Wealth	−$78.6K −7.8K shares	$598.5K 59.3K shares
Invesco Ltd. ETF Provider	−$68.2K −6.7K shares	$261.9K 25.9K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited MFIN in Q3 2025

New Positions: 4
New Value: $12.0K
Exited Positions: 7
Exited Value: $826.2K

New Positions

Institution	Position Value
FINANCIAL CONSULATE, INC RIA/Wealth	$5.1K 500.0 shares
O Optiver Holding B.V. Institution	$3.5K 346.0 shares
SRS Capital Advisors, Inc. RIA/Wealth	$2.3K 232.0 shares
HARBOUR INVESTMENTS, INC. RIA/Wealth	$1.1K 113.0 shares

Exited Positions

Institution	Previous Position
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$253.5K 26.6K shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	$200.5K 21.0K shares
H HRT FINANCIAL LLC Institution	$128.2K 13.5K shares
L LPL Financial LLC Institution	$100.8K 10.6K shares
INTECH INVESTMENT MANAGEMENT LLC Long Only Manager	$95.5K 10.0K shares
Ridgewood Investments LLC RIA/Wealth	$47.7K 5.0K shares
Goss Wealth Management LLC RIA/Wealth	$41.0 4.0 shares

Options Activity

Institutions with the largest Call and Put options positions in MFIN as of Q3 2025

Call Positions: 3
Call Value: $1.4M
Put Positions: 2
Put Value: $392.9K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$690.8K 684.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$496.9K 492.0 contracts
J JANE STREET GROUP, LLC Institution	$203.0K 201.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$240.4K 238.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$152.5K 151.0 contracts

Most Committed Institutions

Institutions with MFIN as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
T Tieton Capital Management, LLC Long Only Manager	William Joseph Dezellem President	3.45% $9.9M	4.23% 984.2K shares	Q1 2019 Held for 6y 8m	$288.1M
Uniplan Investment Counsel, Inc. RIA/Wealth	Kris Hunter Jamison CEO	0.26% $2.6M	1.09% 252.8K shares	Q1 2025 Held for 8 months	$983.7M
D De Lisle Partners LLP Institution	-	0.16% $1.3M	0.55% 128.3K shares	Q1 2024 Held for 1y 8m	$815.6M
CORSAIR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	Jeffrey Archer Zelin COO	0.10% $584.4K	0.25% 57.9K shares	Q2 2020 Held for 5y 5m	$563.1M
B Baron Wealth Management LLC RIA/Wealth	Beth Anne Zilka CCO	0.04% $111.0K	0.05% 11.0K shares	Q2 2025 Held for 5 months	$274.0M
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	David Khabie-Zeitoune CEO	0.04% $452.3K	0.19% 44.8K shares	Q1 2025 Held for 8 months	$1.1B
Soltis Investment Advisors LLC RIA/Wealth	Kim Dean Anderson CEO	0.04% $522.8K	0.22% 51.8K shares	Q4 2019 Held for 5y 11m	$1.4B
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	John Noland Ryan Montgomery CEO	0.03% $1.6M	0.67% 156.9K shares	≤ Q2 2013 Held for 12y 5m+	$4.7B
Comprehensive Portfolio Management, LLC RIA/Wealth	Nicholas Charles Sapienza Managing Partner	0.02% $846.8K	0.36% 83.8K shares	Q2 2022 Held for 3y 5m	$5.1B
SEGALL BRYANT & HAMILL Long Only Manager	Carolyn B Goldhaber President	0.02% $1.2M	0.52% 120.6K shares	Q3 2024 Held for 1y 2m	$7.5B

Hedge Fund Spotlight

Discover hedge funds investing in MFIN

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $62.0B
Positions: 3,252
Last Reported: Q3 2025

Sector Allocation

Position in Medallion Financial

Market Value: $875.0K
Shares Held: 86.6K
Portfolio Weight: 0.00%
Owned Since: 2022-Q1

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%