Pershing Square Capital → FNMA
Bill Ackman / Pershing Square holds 10.0% of Federal National Mortgage Association.
SEC source
Frequently asked questions
What stake does Pershing Square Capital hold in FNMA?
Pershing Square Capital (Bill Ackman / Pershing Square) holds 10.0% of Federal National Mortgage Association (FNMA) via 13D filed 2024-11-14. Initial filing date: 2013-11-15. Event-driven — fund positioning for an upcoming corporate event.
What is Pershing Square Capital's thesis for FNMA?
GSE conservatorship exit via recapitalization. 11-year position banking on eventual privatization.
What's the difference between 13D and 13G filings?
Both are filed when a fund crosses 5% ownership of a public company. SCHEDULE 13D = active intent (the fund plans to influence management, board, M&A, or capital allocation). SCHEDULE 13G = passive intent (long-term position, no active influence). 13D filings carry stricter disclosure (10-day window from purchase); 13G is for long-only managers + index funds. FNMA filing type: 13D.
Where does HoldLens get activist filing data?
SEC EDGAR Schedule 13D and 13G filings (10-day disclosure window for 13D; 45-day initial window for 13G then amendments as positions change). HoldLens federates campaigns across tracked activist funds and computes stake-change deltas over time. See /methodology for the full source list.
Data sourced from SEC EDGAR 13D / 13G filings. Activist intent and outcome reflect public disclosures and announcements only. Not investment advice.