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13D Filing: Bruce Berkowitz’s Fairholme Sells 1 Million Shares of Sears Holdings Corp (SHLD)

We have seen a lot of 13D filing activity from Bruce Berkowitz‘s mutual fund Fairholme over the past few days, and its latest target is Sears Holdings Corporation (NASDAQ:SHLD), a company in which it was the largest shareholder in our database at the end of December. The filing reveals a 27.28 million-share position in the stock, representing 26.3% of the holding company’s shares. That represents a decrease of about 1.02 million shares since the end of 2015. You can see all of the details in the ownership table and filing below.

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Fairholme Capital Management 0 21,654,073 0 27,184,648 27,184,648 25.5%
Bruce R. Berkowitz 913,000 21,654,073 913,000 27,184,648 28,097,648 26.3%
Fairholme Funds, Inc 0 16,291,673 0 16,291,673 16,291,673 15.3%
Bruce Berkowitz
Bruce Berkowitz
Fairholme (FAIRX)

Page 1 of 9 SEC Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
Under The Securities Exchange Act of 1934
(Amendment No. 5)*
Sears Holdings Corporation
(Name of Issuer)
Common Shares, $.01 par value
(Title of Class of Securities)
812350106
(CUSIP Number)
Bruce R. Berkowitz
c/o Fairholme Capital Management, L.L.C.
4400 Biscayne Boulevard, 9th Floor
Miami, FL  33137
(305) 358-3000
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
February 24, 2016
(Date of Event Which Requires Filing of this Statement)
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