AGNC Investment (AGNC)

Company Profile

founded in 2008, agnc investment corp. (nasdaq: agnc) is an internally-managed real estate investment trust that invests primarily in residential mortgage-backed securities guaranteed by a u.s. government agency or a u.s. government-sponsored entity on a leveraged basis. agnc’s principal investment objective is to provide our stockholders with attractive risk-adjusted returns through a combination of monthly dividends and net asset value accretion. as of march 31, 2018, agnc had a market capitalization of $7.4 billion and total assets of $69.2 billion. agnc is the largest internally-managed residential mortgage reit and one of only three residential mortgage reits with a market cap over $5 billion. agnc is headquartered in bethesda, maryland. our affiliates: mtge investment corp. (nasdaq: mtge) is a real estate investment trust that invests in agency and non-agency mortgage backed securities, other mortgage-related investments and healthcare-related real estate investments. mtge is ext

Company profile

Ticker

AGNC, AGNCN, AGNCM, AGNCO, AGNCP, AGNCL

Exchange

NASDAQ

Website

agnc.com/

CEO

Gary Kain

Location

Maryland

Fiscal year end

Dec 31

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Starwood Property Trust • Annaly Capital Management • ARMOUR Residential REIT • Equity Residential Properties Trust • VEREIT • Invesco Mortgage Capital • Welltower • Vornado Realty • Vornado Realty Trust • Healthpeak Properties ...

Former names

American Capital Agency Corp

SEC CIK

0001423689

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

261701984

AGNC stock data

1M 1Y 5Y

Latest filings (excl ownership)

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3 Aug 23

Announces Second Quarter 2023 Financial Results

24 Jul 23

8-K

Amendments to Articles of Incorporation or Bylaws

8 May 23

Submission of Matters to a Vote of Security Holders

24 Apr 23

8-K

Announces First Quarter 2023 Financial Results

24 Apr 23

ARS

2022 FY

Annual report to shareholders

10 Mar 23

DEFA14A

Additional proxy soliciting materials

Transcripts

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AGNC

Earnings call transcript

2023 Q2

25 Jul 23

AGNC

Earnings call transcript

2023 Q1

25 Apr 23

AGNC

Earnings call transcript

2022 Q4

31 Jan 23

AGNC

Earnings call transcript

2022 Q3

25 Oct 22

AGNC

Earnings call transcript

2022 Q2

26 Jul 22

AGNC

Earnings call transcript

2022 Q1

3 May 22

AGNC

Earnings call transcript

2021 Q4

1 Feb 22

AGNC

Earnings call transcript

2021 Q3

26 Oct 21

AGNC

Earnings call transcript

2021 Q2

27 Jul 21

AGNC

Earnings call transcript

2021 Q1

27 Apr 21

Latest ownership filings

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Bernice Bell

1 Sep 23

144

Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

10 May 23

Financial summary

Financial statements Chart AGNC financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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)	1.62 bn	1.62 bn	1.62 bn	1.62 bn	1.62 bn	1.62 bn
Cash burn (monthly)	405.33 mm	51.33 mm	15.33 mm	13.00 mm	20.33 mm	(no burn)
Cash used (since last report)	1.22 bn	155.13 mm	46.34 mm	39.29 mm	61.45 mm	n/a
Cash remaining	398.11 mm	1.47 bn	1.58 bn	1.58 bn	1.56 bn	n/a
Runway (months of cash)	1.0	28.6	102.8	121.8	76.8	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

AGNC institutional ownership history Ownership history

39.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	419	424	-1.2%
Opened positions	62	78	-20.5%
Closed positions	67	76	-11.8%
Increased positions	148	180	-17.8%
Reduced positions	141	107	+31.8%

13F shares	Current	Prev Q	Change
Total value	2.40 tn	2.46 tn	-2.7%
Total shares	236.38 mm	244.15 mm	-3.2%
Total puts	7.86 mm	18.20 mm	-56.8%
Total calls	7.98 mm	8.09 mm	-1.4%
Total put/call ratio	1.0	2.2	-56.2%

Largest owners	Shares	Value	Change
Vanguard	57.10 mm	$578.47 bn	+2.5%
BLK Blackrock	32.56 mm	$329.79 bn	-2.2%
STT State Street	15.34 mm	$157.10 bn	+2.7%
Geode Capital Management	8.77 mm	$88.87 bn	+4.0%
Allspring Global Investments	7.16 mm	$72.56 bn	+3.8%
Equity Investment	6.11 mm	$61.93 bn	+0.6%
Virginia Retirement Systems Et Al	5.20 mm	$52.64 bn	+55.9%
NTRS Northern Trust	5.19 mm	$52.55 bn	-12.1%
Clearbridge Advisors	3.93 mm	$39.85 bn	+27.9%
Charles Schwab Investment Management	3.72 mm	$37.67 bn	+3.3%

Largest transactions	Shares	Bought/sold	Change
Marshall Wace	27.98 k	-5.13 mm	-99.5%
Goldentree Asset Management	0.00	-3.39 mm	EXIT
MCQEF Macquarie	0.00	-2.89 mm	EXIT
Ensign Peak Advisors	608.66 k	-2.74 mm	-81.8%
Davidson Investment Advisors	2.05 mm	+2.05 mm	NEW
Virginia Retirement Systems Et Al	5.20 mm	+1.86 mm	+55.9%
Millennium Management	1.67 mm	+1.67 mm	NEW
Vanguard	57.10 mm	+1.41 mm	+2.5%
Chiron Investment Management	0.00	-1.11 mm	EXIT
MS Morgan Stanley	3.26 mm	-900.96 k	-21.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

AGNC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
31 Aug 23	Bernice Bell	Common Stock	Sell	Dispose S	No	No	9.93	5,000	49.65 k	258,947.311
27 Jul 23	Davis Morris A.	Common Stock, par value $0.01 per share	Buy	Acquire P	No	No	10.476	4,772	49.99 k	55,059.946
24 May 23	Sean Reid	Common Stock	Buy	Acquire P	Yes	No	8.91	11,000	98.01 k	11,000
16 May 23	Larocca Prue	Common Stock, par value $0.01 per share	Sell	Dispose S	No	No	9.07	12,000	108.84 k	94,131.58
10 May 23	Mullings Paul E	Common Stock, par value $0.01 per share	Sell	Dispose S	No	No	9.395	3,400	31.94 k	87,369