FEDERAL NATL MTG ASSN FNMA
COM · Common Stock · CUSIP 313586109
Government-backed financial services company
- SectorFinancials
- IndustryFederal & Federally-Sponsored Credit Agencies
- HeadquartersWashington, DC
- Founded1938
- Websitefanniemae.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 1.2bn as of 2026-07-10, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $6.51.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 10 |
| Q4 2022 | 11 |
| Q1 2023 | 12 |
| Q2 2023 | 14 |
| Q3 2023 | 15 |
| Q4 2023 | 16 |
| Q1 2024 | 14 |
| Q2 2024 | 12 |
| Q3 2024 | 11 |
| Q4 2024 | 12 |
| Q1 2025 | 14 |
| Q2 2025 | 15 |
| Q3 2025 | 15 |
| Q4 2025 | 19 |
| Q1 2026 | 19 |
| Q2 2026 | 25 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 1 | 2 |
| Q4 2024 | 5 | 3 |
| Q1 2025 | 10 | 3 |
| Q2 2025 | 7 | 5 |
| Q3 2025 | 8 | 6 |
| Q4 2025 | 7 | 6 |
| Q1 2026 | 9 | 5 |
| Q2 2026 | 11 | 3 |
Biggest buyers
| Matthew 25 Management Corp | Added | +93.5k |
| Ratan Capital Management LP | New | +79.0k |
| Crossingbridge Advisors, LLC | New | +70.0k |
| HENNESSY ADVISORS INC | New | +30.0k |
| Ascentis Wealth Management, LLC | New | +29.1k |
| IVY LANE CAPITAL MANAGEMENT, LLC | Added | +28.0k |
| KELLEHER FINANCIAL ADVISORS | Added | +4.6k |
| First Command Advisory Services, Inc. | New | +3.0k |
| HUNTINGTON NATIONAL BANK | Added | +2.2k |
| MCINTYRE FREEDMAN & FLYNN INVESTMENT ADVISERS INC | Added | +2.0k |
Biggest sellers
| Ascentis Independent Advisors | Sold out | -1.3k |
| MARK SHEPTOFF FINANCIAL PLANNING, LLC | Reduced | -700 |
| Byrne Asset Management LLC | Reduced | -200 |
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 1 | $51.3k | 1 | $51.2k | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Matthew 25 Management Corp 0.80% of their portfolio | 423.0k $2.8m | Added +93.5k |
| Pinnacle Holdings, LLC 0.23% of their portfolio | 113.4k $738.2k | Unchanged |
| RNC CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 87.3k $568.3k | Unchanged |
| Ratan Capital Management LP 0.17% of their portfolio | 79.0k $514.3k | New |
| IVY LANE CAPITAL MANAGEMENT, LLC 0.74% of their portfolio | 78.0k $507.8k | Added +28.0k |
| First National Trust Co 0.02% of their portfolio | 73.0k $475.2k | Unchanged |
| Crossingbridge Advisors, LLC 0.08% of their portfolio | 70.0k $455.7k | New |
| ATLAS CAPITAL ADVISORS INC. 0.02% of their portfolio | 31.3k $203.9k | Unchanged |
| HENNESSY ADVISORS INC 0.01% of their portfolio | 30.0k $195.3k | New |
| Ascentis Wealth Management, LLC 0.03% of their portfolio | 29.1k $189.7k | New |
| MCINTYRE FREEDMAN & FLYNN INVESTMENT ADVISERS INC 0.07% of their portfolio | 17.0k $110.7k | Added +2.0k |
| OAKWORTH CAPITAL, INC. 0.00% of their portfolio | 10.4k $65.5k | Unchanged |
| KELLEHER FINANCIAL ADVISORS 0.01% of their portfolio | 9.2k $59.7k | Added +4.6k |
| Ancora Advisors LLC 0.00% of their portfolio | 4.6k $30.2k | Unchanged |
| MARK SHEPTOFF FINANCIAL PLANNING, LLC 0.01% of their portfolio | 3.0k $19.9k | Reduced -700 |
| First Command Advisory Services, Inc. 0.00% of their portfolio | 3.0k $19.5k | New |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 2.7k $17.6k | Added +2.2k |
| HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio | 1.1k $7.0k | Unchanged |
| Byrne Asset Management LLC 0.00% of their portfolio | 700 $4.6k | Reduced -200 |
| VSM Wealth Advisory, LLC 0.00% of their portfolio | 416 $2.7k | Unchanged |
| THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.00% of their portfolio | 372 $2.4k | Unchanged |
| FNY Investment Advisers, LLC 0.00% of their portfolio | 200 $1.0k | New |
| Coston, McIsaac & Partners 0.00% of their portfolio | 50 $0 | Unchanged |
| McMillan Office, Inc. 0.00% of their portfolio | 43 $280 | Unchanged |
| Markowski Investments 0.00% of their portfolio | 23 $150 | First filing |