FNMFO News and Press, Fed Nat Mtg Assn Pfd From 06/18/25

2025-06-18 22:02:47 ET This article is part of a series that provides an ongoing analysis of the changes made to Fairholme’s 13F stock portfolio on a quarterly basis. It is based on Fairholme’s regulatory 13F Form filed on 05/15/2025. Please visit our Tracking Bruce ...

2025-06-05 19:44:42 ET This article is part of a series that provides an ongoing analysis of the changes made to Carl Icahn’s 13F portfolio on a quarterly basis. It is based on Icahn’s regulatory 13F Form filed on 05/15/2025. Please visit our Tracking Carl Icahn ...

2025-05-28 13:57:44 ET Summary Fannie Mae's privatization faces huge hurdles due to its public mission, government ownership structure, and massive capital shortfall. The company's 'duty to serve' low-income borrowers impairs profitability and complicates a shift to a purely marke...

2025-05-26 13:15:03 ET Summary I recommend junior preferred shares of Fannie Mae and Freddie Mac, as they offer significant upside and anti-dilution protection in any likely restructuring scenario. Common shares appear overvalued, already pricing in a successful recap and release,...

2025-05-22 20:09:28 ET Summary Pershing Square's 13F portfolio remains highly concentrated, with Uber, Brookfield, and Alphabet comprising about 50% of total value after Q1 2025 changes. New top positions include Uber (thesis: central role in ride-hailing) and Hertz (asymmetric up...

2025-05-01 09:29:00 ET Summary With market volatility rising and economic uncertainty deepening amid evolving tariff policies, we felt this was the right time to bring back the Investing Groups Roundtable series. Today Investing Groups Leaders focused on Value and Income investing...

2025-04-25 08:15:00 ET Summary Pershing Square Holdings NAV increased by 10.2% in 2024, outperforming its share price growth of 8.3%. Investments in Nike, Brookfield, and Uber diversified the portfolio. Share buybacks and an Euronext delisting were conducted to enhance shareho...

2025-04-21 14:39:22 ET Summary The Fannie Mae court cases have greater implications than ultimately deciding whether the GSE's (Fannie Mae and Freddie Mac) should be released from government conservatorship. A partial Timeline of events leading up to and following the financial me...

2025-03-19 22:34:36 ET Summary John Paulson's 13F portfolio increased from ~$1.43B to ~$1.65B, with top five positions comprising ~81% of the portfolio. The Thryv Holdings stake was significantly increased, while major positions in Madrigal Pharma, Perpetua Resources, and Acadian ...

2025-03-18 21:00:39 ET Summary Fairholme's 13F stock portfolio value decreased from $1.46B to $1.18B, with the vast majority in St. Joe Companies, comprising ~78% of assets. New stakes include Energy Transfer LP, Occidental Petroleum, and EOG Resources, with minor increases in Ent...