Helix Partners Management LP sold its entire 200,000-share stake in SLM Corporation for an estimated $5.54 million on February 13, 2026. Top holdings post-sale include NASDAQ:CORZ at $81.54 million and NYSE:GNL at $30.96 million.

As of February 12, 2026, SLM shares were priced at $24.76, down 14.6% over the past year, underperforming the S&P 500 by 27.5 percentage points. SLM Corporation specializes in providing private education loans, retail deposit accounts, and credit card loans, primarily generating revenue from interest income and servicing fees.

After a mixed year, Helix Partners Management LP trimmed its exposure to SLM Corporation, signaling a risk-averse stance. Sallie Mae closed 2025 with strong financial metrics but noted a rise in delinquencies. The company also authorized a new $500 million share repurchase program.

For investors considering SLM stock, The Motley Fool Stock Advisor team did not include it in their top 10 stocks to buy now. They highlighted past picks like Netflix and Nvidia that saw significant returns, with Stock Advisor boasting an average return of 884% compared to 193% for the S&P 500.

Read more at Yahoo Finance: Sallie Mae Stock Down 15% in a Year, and One Fund Just Dumped Its $5.5 Million Stake