On February 13, 2026, First Sabrepoint Capital Management LP acquired 44,500 shares of Federal Agricultural Mortgage Corporation (AGM) with an estimated trade value of $7.81 million, representing a new position for the fund.

AGM shares were priced at $179.14 on February 12, 2026, down 7.85% over the past year and underperforming the S&P 500 by 20.75 percentage points.

Federal Agricultural Mortgage Corporation, also known as Farmer Mac, offers a secondary market for agricultural, rural utility, and USDA-guaranteed loans, generating revenue through interest income, guarantee fees, and securitization activities across various segments.

Despite underperforming the S&P 500 by over 20 percentage points, Farmer Mac’s business continues to expand, with outstanding business volume exceeding $31.1 billion in the third quarter of 2025, and core earnings reaching a record $49.6 million.

The Motley Fool Stock Advisor team did not include Federal Agricultural Mortgage in its list of the top 10 stocks to buy now, highlighting the potential for monster returns in other selected stocks that made the cut. Their total average return is 886%, outperforming the S&P 500’s 193%.

Read more at Yahoo Finance: Fund Opens $7.8 Million Position in Farmer Mac Despite 20% S&P Underperformance