Fairholme Capital Management buys $51,866,603 stake in Sears Canada (SRSC)

Sears Canada (SRSC) : Fairholme Capital Management scooped up 617,368 additional shares in Sears Canada during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 18,929,417 shares of Sears Canada which is valued at $51,866,603.Sears Canada makes up approximately 2.87% of Fairholme Capital Management’s portfolio.

Other Hedge Funds, Including , Credit Suisse Ag sold out all of its stake in SRSC during the most recent quarter. The investment firm sold 15,204 shares of SRSC which is valued $41,659.

Sears Canada closed down -0.05 points or -1.80% at $2.73 with 8,002 shares getting traded on Thursday. Post opening the session at $2.77, the shares hit an intraday low of $2.64 and an intraday high of $2.8 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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