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. 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 hedge fund, Pershing Square Capital, boosted its stake in Fannie Mae / Federal National Mortgage Assctn Fnni…
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
Comments are closed.