Geopolitics Alpha

Why Michael Burry Is Swapping Fannie Mae, Freddie Mac Common Stock For Preferred Shares

Published . Updated .

Why Michael Burry Is Swapping Fannie Mae, Freddie Mac Common Stock For Preferred Shares Yahoo Finance

Directly affected

  • No company is named in this report.

Indirectly affected

  • ALTG ALTA EQUIPMENT GROUP INC COMMON STOCK

    GA selected ALTG as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • CON CONCENTRA GROUP HOLDINGS PAREN COMMON STOCK

    GA selected CON as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • FIP FTAI INFRASTRUCTURE INC COMMON STOCK

    GA selected FIP as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • NN NEXTNAV INC COMMON STOCK

    GA selected NN as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • RGTI RIGETTI COMPUTING INC COMMON STOCK

    GA selected RGTI as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • RXO RXO INC COMMON STOCK

    GA selected RXO as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ALTG+2.06%+2.38%—-0.40%+3.96%-3.49%-3.65%
CON-2.64%-2.12%—+0.94%+0.94%+0.73%+5.27%
FIP+2.26%+7.17%—-2.64%-7.92%-12.83%-3.40%
NN+8.02%+2.75%—-4.53%-8.42%-12.91%-13.28%
RGTI———————
RXO———————

Why Michael Burry Is Swapping Fannie Mae, Freddie Mac Common Stock For Preferred Shares Yahoo Finance

Source: Yahoo Finance

Alta Equipment Group (ALTG) since this story, compared with the market

Since the first closing price after “Why Michael Burry Is Swapping Fannie Mae, Freddie Mac Common Stock For Preferred Shares,” Alta Equipment Group (ALTG) is -7.01%. The S&P 500 fund (SPY) is -1.47% over the same days, a -5.54% difference versus the market.

CompanyWhenMoveStatus
Alta Equipment Group (ALTG)that day-0.40%final price
Alta Equipment Group (ALTG)the next day+3.96%final price
Alta Equipment Group (ALTG)two days later-3.49%final price
Alta Equipment Group (ALTG)three days later-3.65%final price
Alta Equipment Group (ALTG)three days earlier+2.38%final price
Alta Equipment Group (ALTG)five days earlier+2.06%final price
Concentra Group Holdings Parent (CON)that day+0.94%final price
Concentra Group Holdings Parent (CON)the next day+0.94%final price
Concentra Group Holdings Parent (CON)two days later+0.73%final price
Concentra Group Holdings Parent (CON)three days later+5.27%final price
Concentra Group Holdings Parent (CON)three days earlier-2.12%final price
Concentra Group Holdings Parent (CON)five days earlier-2.64%final price
FTAI Infrastructure (FIP)that day-2.64%final price
FTAI Infrastructure (FIP)the next day-7.92%final price
FTAI Infrastructure (FIP)two days later-12.83%final price
FTAI Infrastructure (FIP)three days later-3.40%final price
FTAI Infrastructure (FIP)three days earlier+7.17%final price
FTAI Infrastructure (FIP)five days earlier+2.26%final price
GLDthat day-0.63%final price
GLDthe next day-0.76%final price
GLDtwo days later-2.24%final price
GLDthree days later-0.50%final price
GLDthree days earlier-2.27%final price
GLDfive days earlier-1.32%final price
Nextnav (NN)that day-4.53%final price
Nextnav (NN)the next day-8.42%final price
Nextnav (NN)two days later-12.91%final price
Nextnav (NN)three days later-13.28%final price
Nextnav (NN)three days earlier+2.75%final price
Nextnav (NN)five days earlier+8.02%final price
ALTG
SPY

Who gains and who loses around Alta Equipment Group (ALTG)

Companies mentioned with this story

  • ALTG Alta Equipment Group

    For “Why Michael Burry Is Swapping Fannie Mae, Freddie Mac Common Stock For Preferred Shares,” Alta Equipment Group (ALTG) is linked, with no stored direction, medium confidence. Reason on file: GA selected ALTG as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CON Concentra Group Holdings Parent

    For “Why Michael Burry Is Swapping Fannie Mae, Freddie Mac Common Stock For Preferred Shares,” Concentra Group Holdings Parent (CON) is linked, with no stored direction, medium confidence. Reason on file: GA selected CON as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FIP FTAI Infrastructure

    FTAI Infrastructure (FIP) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Why Michael Burry Is Swapping Fannie Mae, Freddie Mac Common Stock For Preferred Shares.” Reason on file: GA selected FIP as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • NN Nextnav

    In “Why Michael Burry Is Swapping Fannie Mae, Freddie Mac Common Stock For Preferred Shares,” Nextnav (NN) is linked, with no stored direction, medium confidence. Reason on file: GA selected NN as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • RGTI Rigetti Computing

    Rigetti Computing (RGTI) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Why Michael Burry Is Swapping Fannie Mae, Freddie Mac Common Stock For Preferred Shares.” Reason on file: GA selected RGTI as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • RXO Rxo Inc Common Stock

    For “Why Michael Burry Is Swapping Fannie Mae, Freddie Mac Common Stock For Preferred Shares,” Rxo Inc Common Stock (RXO) is linked, with no stored direction, medium confidence. Reason on file: GA selected RXO as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Alta Equipment Group (ALTG)

On 12 Oct 2026, “Why Michael Burry Is Swapping Fannie Mae, Freddie Mac Common Stock For Preferred Shares” is the story that connects Alta Equipment Group (ALTG) to this story.

What ties Alta Equipment Group (ALTG) to the headline is this: GA selected ALTG as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Concentra Group Holdings Parent (CON) is here too. Its reason reads: GA selected CON as a RELATED security because its canonical security name directly matches this event's themes: common, stock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates in the story, and the Alta Equipment Group (ALTG) price range

ALTG traded between 5.71 and 6.79 across 20 sessions. The latest close on file is 6.10. CON traded between 34.11 and 39.55 across 20 sessions. The latest close on file is 38.16. FIP traded between 2.23 and 3.27 across 20 sessions. The latest close on file is 2.32.

How strong the case is around Alta Equipment Group (ALTG)

54 out of 100

“Why Michael Burry Is Swapping Fannie Mae, Freddie Mac Common Stock For Preferred Shares” scores 54 out of 100. The score uses 2 sources, and 6 linked companies.