Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

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

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)
(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)
Follow Sears Holdings Corp (NASDAQ:SHLD)
Trade (NASDAQ:SHLD) Now!