Monday, February 2, 2015

Berkowitz’s Fairholme Fund Picks Up More Shares of Fannie, Freddie(common)

Berkowitz’s Fairholme Fund Picks Up More Shares of Fannie, Freddie


Thats right, He bought more fannie and freddie common.

According to the annual report, Fairholme bought nearly 3.1 million shares of Freddie Mac and more than 1.8 million shares of Fannie Mae between August 31 and November 30 last year. Because the share prices of Fannie and Freddie fell sharply during that period, the purchases maintained the fund’s weighting to the two companies at about 1.1%

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