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NLY

Annaly Capital Management, Inc.

Sector: financeREIT - MortgageNYSEMarket Cap: $16.54B

Annaly Capital Management is a mortgage real estate investment trust (mREIT) with $16.5B market cap, showing minimal direct political engagement (zero lobbying spend, zero donations, zero federal contracts) but facing low-impact legislative exposure from eight finance-sector bills with estimated revenue impacts up to $2.9M.

Govt Dependence
75/100
Regulatory Density
85/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat NLY does

Annaly Capital Management operates as a diversified capital manager, primarily investing in and financing residential and commercial real estate assets, including agency mortgage-backed securities, residential mortgage credit, and middle-market lending. Its revenue is derived from interest income on its investment portfolio and net interest margin from its financing activities. The company's performance is highly sensitive to interest rate movements, Federal Reserve policy, and housing finance regulation.

12 months past · 3 months futureNLY activity timeline

$25$22$18 JunJulAugSepOctNovDecJan '26FebMarAprMayJunJulAug ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · May 18 $24.40 hi $18.69 lo $22.82 CONGRESS 30 INSIDERS 0 13F FUNDS 30 BILLS 29 D.E. Shaw & Co. · OPENED $132M · 2025-12-31D.E. Shaw & Co. · OPENED $126M · 2025-06-30D.E. Shaw & Co. · OPENED $81M · 2025-09-30Renaissance Technologies · OPENED $54M · 2025-09-30Citadel Advisors · OPENED $37M · 2025-06-30Renaissance Technologies · OPENED $16M · 2025-06-30Two Sigma Investments · OPENED $14M · 2025-12-31Citadel Advisors · OPENED $13M · 2025-09-30Citadel Advisors · OPENED $13M · 2025-12-31Renaissance Technologies · OPENED $6M · 2025-12-31Bridgewater Associates · OPENED $1M · 2025-09-30 S.1071 · enacted · 2025-12-18S.976 · committee · 2025-11-06HR.1764 · committee · 2025-07-22 MARKUP · Senate Budget · 2026-05-20MARKUP · House Financial Services Subcommittee on Digital Assets, Fin · 2026-05-20MARKUP · House Financial Services Subcommittee on Capital Markets · 2026-05-20MARKUP · House Financial Services Subcommittee on National Security, · 2026-05-21
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
240 trading days · 0 congressional trades shown · 0 insider buys · 11 13F filings · 3 past bill actions · 4 upcoming markups

Lifetime Government AwardsNLY federal contracts

NLY doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding NLY

$938.3M
Total NLY held by tracked 13F funds
32
Funds with NLY positions
+32
Funds opened this quarter
D.E. Shaw & Co. $132M opened 2025-12-31
D.E. Shaw & Co. $126M opened 2025-06-30
D.E. Shaw & Co. $98M opened 2025-03-31
D.E. Shaw & Co. $94M opened 2024-12-31
D.E. Shaw & Co. $81M opened 2025-09-30
Renaissance Technologies $54M opened 2025-09-30
Renaissance Technologies $49M opened 2025-03-31
Citadel Advisors $37M opened 2025-06-30
24 more 13F positions tracked · quarterly delta charts available in member dashboard

Politicians Trading NLYMembers of Congress with recent NLY positions

1 politicians traded NLY across 2 disclosed transactions totaling $16K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just NLY). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading NLY

2025-04-21 John Kennedy R-Louisiana · senate purchase $1,001 - $15,000
2025-04-21 John Kennedy R-Louisiana · senate Purchase $1,001 - $15,000
2023-03-01 Daniel S. Goldman D-New York · house sale $1,001 - $15,000 47d late
2023-03-01 Daniel S. Goldman D-New York · house Sale $1,001 - $15,000 47d late
2023-03-06 Daniel S. Goldman D-New York · house sale $1,001 - $15,000
2023-03-06 Daniel S. Goldman D-New York · house Sale $1,001 - $15,000
2020-05-20 Ro Khanna D-California · house Sale $1,001 - $15,000
2020-05-20 Ro Khanna D-California · house sale $1,001 - $15,000
2020-01-08 (unknown) Purchase $1,001 - $15,000
2020-01-08 (unknown) purchase $1,001 - $15,000
2019-12-19 (unknown) Purchase $1,001 - $15,000
2019-12-19 (unknown) purchase $1,001 - $15,000
30+ trades on file · most recent 2025-05-08

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

Stock awards & option exercises

9
stock awards · $22.9M market value
2026-02-25 Finkelstein David L CEO and Co-CIO AWARD 325,797 sh $7.5M
2026-02-25 Campbell Steven Francis President and COO AWARD 85,319 sh $2.0M
2026-02-25 Wolfe Serena Chief Financial Officer AWARD 83,106 sh $1.9M
2026-02-01 Finkelstein David L CEO and Co-CIO AWARD 152,976 sh $3.5M
2026-02-01 Finkelstein David L CEO and Co-CIO AWARD 152,976 sh $3.5M
2026-02-01 Campbell Steven Francis President and COO AWARD 52,151 sh $1.2M
2026-02-01 Campbell Steven Francis President and COO AWARD 52,151 sh $1.2M
2026-02-01 Wolfe Serena Chief Financial Officer AWARD 45,632 sh $1.0M
For NLY, executives receive stock primarily as compensation rather than via open-market purchases — typical for established large-cap firms.

Bills Affecting NLYLive legislation impacting this stock

Political ProfileWhere NLY sits in Washington

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STRUCTURAL: High government dependence (score 75) and regulatory density (85) due to mortgage finance sector, but zero lobbying spend (get_political_influence.lobbying.total_income: 0), zero donations, and zero federal contracts (get_government_precedent.federal_contracts_summary: null). EVIDENTIARY: No corporate insider buys in 180 days (get_corporate_insider_signal.total_buys: 0), no congressional traders (Top congressional traders array empty), and no executive branch holdings (get_executive_branch_exposure.total_positions_matched: 0). Net: Minimal direct political activity despite sector exposure.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Changes to mortgage-backed securities regulation or capital requirements
    Federal Housing Finance Agency (FHFA), SEC
    "Recent bill_impacts array shows eight finance-sector bills with low but non-zero impact_ratios, indicating regulatory sensitivity."
  • Interest rate policy shifts affecting borrowing costs and spreads
    Federal Reserve
    "Sector is finance; business model is interest rate sensitive, though no direct bill carveouts or executive branch holdings."

Regulatory opportunities

  • Potential legislative easing of mREIT capital or tax rules
    Congress, Treasury
    "Recent bill_impacts array includes finance-sector bills, though impact ratios are low (0.0001-0.0002); no named carveouts."
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Frequently AskedAbout NLY & political exposure

Does Annaly Capital Management, Inc. (NLY) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Annaly Capital Management, Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Has Congress traded NLY stock?
70 congressional trades by 7 unique members of Congress, most recently on 2025-04-21. See the Congressional Trading panel for politician-by-politician breakdown.
What is NLY political risk profile?
Government dependence: 75/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track NLY political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. NLY data is updated daily from these official federal sources.