Ackman Boosts Stake In Fannie Mae, Freddie Mac In Surprise Move

Mark Melin

Published onMarch 31, 2014

Updated on May 13, 2021

Hedge fund manager Bill Ackman, embroiled in a fight to take down Herbalife Ltd. (NYSE:HLF) and boost his short crusade in the company with apparent Congressional assistance, has just increased his fund’s stake in Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) – again a company exposed to government involvement.

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Regulatory filings show increased stake as confidence Fannie Mae and Freddie Mac remain intact improves

According to 13-D regulatory filings released today, Ackman’s activist...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Ackman Boosts Stake In Fannie Mae, Freddie Mac In Surprise Move

Regulatory filings show increased stake as confidence Fannie Mae and Freddie Mac remain intact improves

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