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Fairholme Buys J.C.Penney Debt, Fannie And Freddie Prefs In Q3

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Bruce Berkowitz' Fairholme Capital filed a N-Q form for the third fiscal quarter ending on August 31 2013 which enlists holdings of Fairholme Fund, Fairholme Allocation Fund and Fairholme Focused Income Fund.

Fairholme Buys J.C.Penney Debt, Fannie And Freddie Prefs In Q3

According to the filing made public today, the Fairholme Fund has close to 79% exposure in domestic equities which were valued at $6.2 billion at the end of August. Fairholme Fund has the highest equity exposure in American International Group Inc (NYSE:AIG) where it owns 79.28 million shares which are worth 3.68 billion.

Fairholme also has exposure in American International Group...

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