Did Fairholme Allocation fund sell all MBIA stock?
It looks like it based on the NAV movement of the fund (at last reported period it was 26% of the fund).
I tracked the NAV for the last week and it seems that if reflects the sale (i.e. MBI was up more than 7% yesterday and FAAFX was up only 1.74%). Fairholme was one of the largest shareholders. Also MBIA presentation was removed from the Fairholme's web site. Thoughts?