Fannie Mae-No Politics (FNMA)

[Red Cloud]

Growth Fund of America 6/30/19....


Capital Group Growth Fund of America FNMA, FMCC holdings as of 6/30/19 -

FNMA = 84,833,697 - up 8.7% from last quarter

FMCC = 91,929,599 - No Change

https://www.americanfunds.com/individual/investments/quarterlyholdings/agthx


Then, there's this -

American Funds Insurance Series - Growth Income Fund

FNMA = 4,398,800 - up 21.1% from last quarter

FMCC = 666,600 - No Change

https://www.americanfunds.com/individual/products/american-funds-insurance-series/afis-disclosed-holdings.htm?fundGroupNumber=26


I came across this American Funds Insurance Series, Growth - Income Fund from viewing the CNN Business site quotes for Fannie and Freddie. The following links have not yet been updated to show the current holdings as indicated on the Capital Group / American Funds website. Comparing the yet-to-be updated holdings from CNN as compared to the American Funds website you can see that they are buying Fannie, and holding Freddie.

https://money.cnn.com/quote/shareholders/shareholders.html?symb=FNMA&subView=institutional

https://money.cnn.com/quote/shareholders/shareholders.html?symb=FMCC&subView=institutional

So: here we have a fund, holding massive amounts of FNMA, FMCC in two different funds. Could it be that they are trading F 'n' F between the two funds in quantities sufficient to allow for the price to be manipulated, while continuing to accumulate GSE common shares?