Fairholme Capital Management 13F holdings, Q2 1999
Holdings as of June 30, 1999 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 42 US equity positions worth $153.5m in its Q2 1999 13F filing. The largest position was WFC at 44.4% of the reported book, followed by LEUCADIA NATL and MCY. Against the Q1 1999 filing, it opened 22 new positions, added to 7 and reduced 5 among the top 42 holdings.
What did Fairholme Capital Management own in Q2 1999? Top 42 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 1999 |
|---|---|---|---|---|---|---|---|
| 1 | WFC WELLS FARGO & CO | Financial Services | 44.4% | $68.1m | 1,592,845 | -27% | reduced |
| 2 | LEUCADIA NATL | 12.5% | $19.2m | 756,027 | -34% | reduced | |
| 3 | MCY MERCURY GENL CORP NEW | Financial Services | 7.9% | $12.2m | 358,753 | – | new |
| 4 | FEDERAL HOME LN MTG CP | 6.6% | $10.2m | 175,020 | 40% | added | |
| 5 | MGI PPTYS INC | 3.7% | $5.7m | 200,500 | – | new | |
| 6 | AXP AMERICAN EXPRESS CO | Financial Services | 2.8% | $4.3m | 32,979 | 86% | added |
| 7 | MKL MARKEL CORP | Financial Services | 2.5% | $3.9m | 20,700 | -7% | reduced |
| 8 | TERRA NOVA HLDGS LTD | 2.2% | $3.4m | 124,400 | – | new | |
| 9 | FIRST UN RL EST EQ&MTG SH BEN | 2.1% | $3.2m | 717,300 | – | new | |
| 10 | WESCO FINL CORP | 1.8% | $2.7m | 8,700 | – | new | |
| 11 | INTC INTEL CORP | Technology | 1.7% | $2.5m | 42,832 | 435% | added |
| 12 | MS MORGAN STAN DEAN WITTR NEW | Financial Services | 1.6% | $2.4m | 23,210 | 892% | added |
| 13 | MTB M & T BANK CORP | Financial Services | 1.3% | $1.9m | 3,530 | 76% | added |
| 14 | PGR PROGRESSIVE CORP OHIO | Financial Services | 0.9% | $1.4m | 10,000 | 400% | added |
| 15 | RLI RLI CORP | Financial Services | 0.9% | $1.4m | 35,151 | – | new |
| 16 | TOWN & CTRY TR SH BEN INT | 0.7% | $1.1m | 60,300 | – | new | |
| 17 | CONSECO INC | 0.6% | $974.0k | 32,002 | – | new | |
| 18 | KO COCA COLA CO | Consumer Defensive | 0.6% | $968.0k | 15,612 | 0% | held |
| 19 | NORTH EAST INS CO | 0.6% | $916.0k | 299,000 | – | new | |
| 20 | INVESTMENT TECH GROUP INC | 0.5% | $806.0k | 25,093 | – | new | |
| 21 | MATW MATTHEWS INTL CORP | Industrials | 0.4% | $622.0k | 21,000 | 0% | held |
| 22 | DIS DISNEY WALT CO | Communication Services | 0.4% | $595.0k | 19,305 | 0% | held |
| 23 | VALU VALUE LINE INC | 0.4% | $542.0k | 13,900 | – | new | |
| 24 | PENSKE MOTORSPORTS INC | 0.3% | $501.0k | 10,100 | -47% | reduced | |
| 25 | ANCHOR GAMING | 0.3% | $457.0k | 9,500 | 0% | held | |
| 26 | BEAR STEARNS COS INC | 0.3% | $411.0k | 8,785 | 0% | held | |
| 27 | DAVIS NY VENTURE FD | 0.2% | $322.0k | 11,153 | 0% | held | |
| 28 | LIQUI BOX CORP | 0.2% | $306.0k | 5,700 | – | new | |
| 29 | AHT CORPORATION | 0.2% | $281.0k | 75,000 | – | new | |
| 30 | ATWOOD OCEANICS INC | 0.2% | $262.0k | 8,400 | – | new | |
| 31 | FEDERAL NATL MTG ASSN | 0.2% | $255.0k | 3,738 | -56% | reduced | |
| 32 | SCI SERVICE CORP INTL | Consumer Cyclical | 0.2% | $250.0k | 13,000 | – | new |
| 33 | GLOBAL DIRECTMAIL CORP | 0.2% | $247.0k | 20,000 | – | new | |
| 34 | BMY BRISTOL MYERS SQUIBB | Healthcare | 0.2% | $242.0k | 3,440 | 0% | held |
| 35 | NKE NIKE INC | Consumer Cyclical | 0.1% | $228.0k | 3,604 | – | new |
| 36 | GYRODYNE CO AMER INC | 0.1% | $220.0k | 12,937 | – | new | |
| 37 | ALLIANCE CAP MGMT L P UNIT LTD | 0.1% | $218.0k | 6,750 | – | new | |
| 38 | WARNER LAMBERT CO | 0.1% | $207.0k | 3,000 | – | new | |
| 39 | R & B FALCON CORP | 0.1% | $108.0k | 11,500 | 8% | added | |
| 40 | KOMAG INC | 0.0% | $66.0k | 20,000 | – | new | |
| 41 | DUNN COMPUTER CORP VA | 0.0% | $20.0k | 10,000 | 0% | held | |
| 42 | MERITOR SVGS BK PA | 0.0% | $19.0k | 14,000 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.