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Berkowitz's Fairholme Ups Stake In Sears Holdings Corp (SHLD)

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Mani
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Bruce Berkowitz’s Fairholme Capital Management, LLC revealed in its latest 13D filing that the hedge fund boosted its stakes in Sears Holdings Corp by 4.18% to 27,516,248 shares.

In its Schedule 13D/A disclosure filed with the Securities and Exchange Commission on December 18th, the hedge fund unveiled that it now owns 25.8% of Sears Holdings Corp.

 

Sears Holdings SHLDBerkowitz increases stake in Sears Holdings

In its Schedule 13D/A disclosure with the SEC last Friday, Fairholme revealed it owns 27,516,248 shares of the Sears Holdings’ stock worth about $535,466,186. The reporting parties listed on the disclosure included Fairholme Capital Management, LLC, Bruce R Berkowitz and Fairholme Funds,...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports