Fairholme Capital Management buys $34,377,704 stake in Sears Canada (SRSC)

Sears Canada (SRSC) : Fairholme Capital Management scooped up 297,516 additional shares in Sears Canada during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 20,222,179 shares of Sears Canada which is valued at $34,377,704.Sears Canada makes up approximately 2.57% of Fairholme Capital Management’s portfolio.

Other Hedge Funds, Including , Horizon Kinetics reduced its stake in SRSC by selling 131,813 shares or 7.23% in the most recent quarter. The Hedge Fund company now holds 1,690,382 shares of SRSC which is valued at $2,873,649. Sears Canada makes up approx 0.08% of Horizon Kinetics’s portfolio.Mad River Investors reduced its stake in SRSC by selling 2,475 shares or 1.47% in the most recent quarter. The Hedge Fund company now holds 166,036 shares of SRSC which is valued at $298,865. Sears Canada makes up approx 0.39% of Mad River Investors’s portfolio.

Sears Canada (SRSC) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $1.55 and reached the intraday high at $1.6825. The bulls started the profit booking and pushed the shares to intraday low of $1.55. The trading session was marked by a volume range of 35,806 shares exchanging hands. The 52-week high of the shares is $8.55 and the 52-week low is $1.55. The market cap of the company stands at $163 M and there are 10,18,77,662 shares in public circulation.

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