arlington asset investment corp. (nyse: ai) is a principal investment firm that currently acquires and holds a levered portfolio of residential mortgage-backed securities ("mbs"), consisting of agency mbs and private-label mbs. agency mbs include residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a u.s. government agency or government sponsored enterprise ("gse") such as fannie mae or freddie mac. private-label mbs, or non-agency mbs, include residential mbs that are not guaranteed by a gse or the u.s. government. the company prudently leverages its investment portfolio so as to increase potential returns to its shareholders. it funds its investments primarily through short-term financing arrangements, principally through repurchase agreements. the company enters into various hedging transactions to mitigate the interest rate sensitivity of its cost of borrowing and the value of its mbs portfolio. the company's common stock
Company profile
Ticker
AAIN, AIC, AAIC-PB, AAIC-PC, AAIC
Exchange
Website
CEO
J. Rock Tonkel
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FOREST MERGER CORP, FRIEDMAN BILLINGS RAMSEY GROUP INC
SEC CIK
Corporate docs
Subsidiaries
Arlington Asset Investment Holdings, LLC • Arlington Asset TRS Holdings, LLC • McLean Mortgage Investment, LLC • McLean MSR Investment, LLC • McLean SFR Holdings, LLC • McLean Solar Investment, LLC ...
IRS number
541873198
AAIN stock data
Latest filings (excl ownership)
15-15D
Suspension of duty to report
8 Jan 24
15-15D
Suspension of duty to report
8 Jan 24
15-12G
Securities registration termination
26 Dec 23
25
Voluntary exchange delisting
26 Dec 23
EFFECT
Notice of effectiveness
19 Dec 23
EFFECT
Notice of effectiveness
19 Dec 23
EFFECT
Notice of effectiveness
19 Dec 23
EFFECT
Notice of effectiveness
19 Dec 23
EFFECT
Notice of effectiveness
19 Dec 23
S-8 POS
Registration of securities for employees (post-effective amendment)
15 Dec 23
Transcripts
AAIN
Earnings call transcript
2022 Q3
15 Nov 22
AAIN
Earnings call transcript
2022 Q2
10 Aug 22
AAIN
Earnings call transcript
2022 Q1
13 May 22
AAIN
Earnings call transcript
2021 Q4
3 Mar 22
AAIN
Earnings call transcript
2021 Q3
10 Nov 21
AAIN
Earnings call transcript
2021 Q2
4 Aug 21
AAIN
Earnings call transcript
2021 Q1
6 May 21
AAIN
Earnings call transcript
2020 Q4
16 Feb 21
AAIN
Earnings call transcript
2020 Q3
4 Nov 20
Latest ownership filings
4
Benjamin J. Strickler
18 Dec 23
4
Richard Ernst Konzmann
18 Dec 23
4
J ROCK TONKEL JR
18 Dec 23
4
DANIEL E BERCE
18 Dec 23
4
MELINDA H MCCLURE
18 Dec 23
4
DAVID W FAEDER
18 Dec 23
4
RALPH S MICHAEL III
18 Dec 23
4
Anthony P Nader III
18 Dec 23
4
Benjamin J. Strickler
13 Nov 23
4
Benjamin J. Strickler
31 Oct 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 8.90 mm | 8.90 mm | 8.90 mm | 8.90 mm | 8.90 mm | 8.90 mm |
Cash burn (monthly) | 1.45 mm | 457.75 k | 2.14 mm | (no burn) | 736.00 k | 1.02 mm |
Cash used (since last report) | 10.00 mm | 3.16 mm | 14.75 mm | n/a | 5.08 mm | 7.04 mm |
Cash remaining | -1.10 mm | 5.74 mm | -5.85 mm | n/a | 3.82 mm | 1.86 mm |
Runway (months of cash) | -0.8 | 12.5 | -2.7 | n/a | 5.2 | 1.8 |
Institutional ownership, Q2 2023
37.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 62 |
Opened positions | 24 |
Closed positions | 11 |
Increased positions | 10 |
Reduced positions | 17 |
13F shares | Current |
---|---|
Total value | 40.61 bn |
Total shares | 10.90 mm |
Total puts | 0.00 |
Total calls | 166.20 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 1.65 mm | $7.64 bn |
Punch & Associates Investment Management | 1.27 mm | $5.90 bn |
AFG American Financial | 1.12 mm | $5.18 mm |
Gator Capital Management | 777.58 k | $3.60 bn |
BAC Bank Of America | 573.08 k | $2.65 bn |
Acadian Asset Management | 569.95 k | $2.64 mm |
Yakira Capital Management | 491.76 k | $2.28 bn |
RBF Capital | 442.74 k | $2.05 bn |
Vazirani Asset Management | 350.40 k | $1.62 bn |
GABELLI & Co INVESTMENT ADVISERS | 334.31 k | $1.55 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Dec 23 | Nader Anthony P III | Deferred Stock Units Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 46,097 | 0.00 | 0 |
14 Dec 23 | Nader Anthony P III | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 56,830 | 0.00 | 0 |
14 Dec 23 | Michael Ralph S Iii | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 7,325 | 0.00 | 0 |
14 Dec 23 | Michael Ralph S Iii | Deferred Stock Units Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 46,097 | 0.00 | 0 |
14 Dec 23 | Michael Ralph S Iii | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 90,108 | 0.00 | 0 |
14 Dec 23 | Faeder David W | Deferred Stock Units Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 46,097 | 0.00 | 0 |
14 Dec 23 | Faeder David W | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 61,823 | 0.00 | 0 |
14 Dec 23 | Mcclure Melinda H | Deferred Stock Units Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 46,097 | 0.00 | 0 |
14 Dec 23 | Mcclure Melinda H | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 37,707 | 0.00 | 0 |
14 Dec 23 | Berce Daniel E | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 65,000 | 0.00 | 0 |