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Re: navycmdr post# 258337

Monday, 10/20/2014 7:55:32 PM

Monday, October 20, 2014 7:55:32 PM

Post# of 801300
Added to FNMA and FMCC
Bruce Berkowitz’s Fairholme Capital added a new position in Lands’ End Inc. (LE) in 2Q14. The fund also added to its positions in Sears Holdings (SHLD), Freddie Mac (FMCC), and Fannie Mae (FNMA) during the quarter. The only position Fairholme Capital sold was Chesapeake Energy (CHK). The fund reduced positions in Bank of America (BAC), Leucadia National (LUK), American International Group (AIG), and St. Joe (JOE).