Berkowitz's Fairholme Shows New Stakes in AT&T (T), Verizon (VZ), Raised Stake in BofA (BAC), Sold Out of Morgan Stanley (MS), Lilly (LLY)

The 13F filing from Bruce Berkowitz's Fairholme Capital is showing:

• liquidated positions in Morgan Stanley (NYSE: MS) and Eli Lilly (NYSE: LLY)
  
• reduced stakes in AIG (NYSE: AIG), Goldman Sachs (NYSE: GS), Citi (NYSE: C), Brookfield Asset Management (NYSE: BAM), Sears (Nasdaq: SHLD) and Regions (NYSE: RF)
  
• new stakes in AT&T (NYSE: T), Wells Fargo (NYSE: WFC) and Verizon (NYSE: VZ)
  
• raised stake in BofA (NYSE: BAC).

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