According to rumors are floating that fund manager Bruce Berkowitz of Fairholme Capital is unloading his huge stake in American International Group (NYSE: AIG) prior to the government’s planned sales of its own holdings in the insurance giant.

AIG shares are down about 6.0 percent as of 12:18 p.m. (EDT).

Berkowitz presently owns about 44.3-million AIG shares, or 31.6 percent shares currently outstanding.