Who owns Federal National Mortgage Association (FNMFO)
Which tracked institutional funds hold FNMFO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FNMFO company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-15). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on FNMFO is one-sided between 2025-Q4 and 2026-Q1: 1 added or opened and 5 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
FNMFO’s largest tracked holder by dollar value, Matthew 25 Management Corp, sizes it at 0.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FNMFO divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 18 tracked filers holding FNMFO, 9 increased or opened the position and 6 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in FNMFO between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
Full exits 3
- RNC CAPITAL MANAGEMENT LLC$937K
- Buckland Partners Management Co LLC$858K
- WESBANCO BANK INC$537K
Largest adds
- Matthew 25 Management Corp$2M
Largest trims
- Pinnacle Holdings, LLC$393K
- First National Trust Co$253K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Matthew 25 Management Corp added | 329,500 | $2M | 29.6% | 2026-Q1 |
| Pinnacle Holdings, LLC | 113,388 | $823K | 10.2% | 2026-Q1 |
| First National Trust Co | 73,000 | $530K | 6.6% | 2026-Q1 |
| IVY LANE CAPITAL MANAGEMENT, LLC new | 50,000 | $363K | 4.5% | 2026-Q1 |
| ATLAS CAPITAL ADVISORS INC. | 31,319 | $227K | 2.8% | 2026-Q1 |
| MCINTYRE FREEDMAN & FLYNN INVESTMENT ADVISERS INC added | 15,000 | $109K | 1.3% | 2026-Q1 |
| OAKWORTH CAPITAL, INC. | 10,450 | $76K | 0.9% | 2026-Q1 |
| Ancora Advisors LLC | 4,645 | $34K | 0.4% | 2026-Q1 |
| KELLEHER FINANCIAL ADVISORS added | 4,587 | $33K | 0.4% | 2026-Q1 |
| MARK SHEPTOFF FINANCIAL PLANNING, LLC new | 3,750 | $30K | 0.4% | 2026-Q1 |
| Ascentis Independent Advisors new | 1,320 | $10K | 0.1% | 2026-Q1 |
| HANTZ FINANCIAL SERVICES, INC. | 1,095 | $8K | 0.1% | 2026-Q1 |
| Byrne Asset Management LLC added | 900 | $7K | 0.1% | 2026-Q1 |
| HUNTINGTON NATIONAL BANK | 483 | $4K | 0.0% | 2026-Q1 |
| VSM Wealth Advisory, LLC new | 416 | $3K | 0.0% | 2026-Q1 |
| THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. | 372 | $3K | 0.0% | 2026-Q1 |
| McMillan Office, Inc. | 43 | $312 | 0.0% | 2026-Q1 |
| Coston, McIsaac & Partners new | 50 | — | 0.0% | 2026-Q1 |
| RNC CAPITAL MANAGEMENT LLC trimmed | 87,300 | $937K | 11.6% | 2025-Q4 stale |
| Buckland Partners Management Co LLC new | 80,000 | $858K | 10.6% | 2025-Q4 stale |
| WESBANCO BANK INC | 50,012 | $537K | 6.6% | 2025-Q4 stale |
| Talbot Financial, LLC new | 21,400 | $258K | 3.2% | 2025-Q3 stale |
| GFG Capital, LLC new | 16,000 | $153K | 1.9% | 2025-Q2 stale |
| HighPoint Advisor Group LLC | 13,472 | $145K | 1.8% | 2025-Q4 stale |
| KINGSWOOD WEALTH ADVISORS, LLC trimmed | 10,003 | $121K | 1.5% | 2025-Q3 stale |
| Moloney Securities Asset Management, LLC | 10,000 | $120K | 1.5% | 2025-Q3 stale |
| Carter Financial Group, INC. new | 10,500 | $100K | 1.2% | 2025-Q2 stale |
| ORG Wealth Partners, LLC trimmed | 8,038 | $86K | 1.1% | 2025-Q4 stale |
| FNY Investment Advisers, LLC trimmed | 5,617 | $60K | 0.7% | 2025-Q4 stale |
| AMERIFLEX GROUP, INC. added | 3,050 | $37K | 0.5% | 2025-Q3 stale |
| Brooklyn Investment Group new | 1,061 | $10K | 0.1% | 2025-Q2 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.