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%|
Page 1 of 9 SEC Filing
Sears Holdings Corporation
(Name of Issuer)
Common Shares, $.01 par value
(Title of Class of Securities)
Bruce R. Berkowitz
c/o Fairholme Capital Management, L.L.C.
4400 Biscayne Boulevard, 9th Floor
Miami, FL 33137
(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)