Oksenholt Capital holds over 700,000 Freddie Mac shares

Oksenholt Capital Management LLC disclosed that its affiliated investment vehicles collectively hold more than one million shares of Government-Sponsored Enterprise securities, including over 700,000 shares of Freddie Mac common stock (OTC: FMCC).

The Nevada-based investment firm also holds positions in Fannie Mae (OTC: FNMA) securities and related junior preferred shares including FNMAS, FNMAT, and FMCKJ, according to a company statement.

"While we have taken profits in portions of our Fannie Mae common position, we remain bullish on both enterprises and their junior preferred securities," said Jon Oksenholt, founder of Oksenholt Capital Management. "At present, we believe Freddie Mac common stock offers the most compelling long-term risk-reward profile within the GSE complex."

Based on publicly reported institutional ownership filings, including Form 13F disclosures, Oksenholt Capital Management stated it ranks among the largest holders of Freddie Mac common stock among reporting institutional investors.

Fannie Mae and Freddie Mac collectively support more than $7 trillion in residential and multifamily mortgage assets and generate tens of billions of dollars in annual revenue. Institutional ownership of Freddie Mac common stock remains limited due to the company's over-the-counter trading status, which restricts participation by many institutional investors.

Oksenholt called for both enterprises to return to a major public exchange and begin transitioning out of conservatorship. "Well-capitalized enterprises trading on a major exchange would improve transparency, attract long-term private capital, and further align the companies with the interests of homeowners, renters, investors, and U.S. taxpayers," he said.

The firm operates through privately managed investment vehicles that are majority or solely owned by Jon Oksenholt. Oksenholt Capital Management noted that GSE exposure represents only a small portion of its overall equities portfolio and described the securities as complex and inherently speculative investments.

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