Fairholme Capital Management 13F holdings, Q4 2002
Holdings as of December 31, 2002 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 27 US equity positions worth $236.1m in its Q4 2002 13F filing. The largest position was LEUCADIA NATL at 28.9% of the reported book, followed by MKL and MCY. Against the Q3 2002 filing, it opened 5 new positions, added to 1 and reduced 9 among the top 27 holdings.
What did Fairholme Capital Management own in Q4 2002? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2002 |
|---|---|---|---|---|---|---|---|
| 1 | LEUCADIA NATL | 28.9% | $68.2m | 1,827,379 | -0% | held | |
| 2 | MKL MARKEL CORP | Financial Services | 20.5% | $48.4m | 235,467 | -15% | reduced |
| 3 | MCY MERCURY GENL CORP NEW | Financial Services | 16.4% | $38.6m | 1,027,482 | -16% | reduced |
| 4 | WILTEL COMMUNICATIONS | 12.6% | $29.6m | 1,877,056 | – | new | |
| 5 | WHITE MTNS INS GROUP LTD | 12.2% | $28.7m | 88,950 | -8% | reduced | |
| 6 | WFC WELLS FARGO & CO | Financial Services | 2.7% | $6.3m | 134,860 | -5% | reduced |
| 7 | U S G CORP | 1.9% | $4.4m | 518,300 | -19% | reduced | |
| 8 | HOMEFED CORP | 1.7% | $4.1m | 2,826,410 | -0% | held | |
| 9 | KO COCA COLA CO | Consumer Defensive | 0.7% | $1.8m | 40,030 | 0% | held |
| 10 | MERCK & CO INC | 0.6% | $1.4m | 23,911 | – | new | |
| 11 | FEDERAL HOME LN MTG CP | 0.5% | $1.1m | 18,000 | -10% | reduced | |
| 12 | FIRST UNION REAL ESTATE EQ&MTG | 0.3% | $730.0k | 409,975 | 0% | held | |
| 13 | GATEWAY INC | 0.2% | $565.0k | 180,000 | -45% | reduced | |
| 14 | CALIFORNIA FED CAP | 0.2% | $403.0k | 15,500 | 0% | held | |
| 15 | INTC INTEL CORP | Technology | 0.1% | $328.0k | 21,064 | 31% | added |
| 16 | AXP AMERICAN EXPRESS CO | Financial Services | 0.1% | $304.0k | 8,603 | 0% | held |
| 17 | GOLDEN WEST FINL DEL | 0.1% | $296.0k | 4,126 | 0% | held | |
| 18 | MU MICRON TECHNOLOGY INC | Technology | 0.1% | $195.0k | 20,000 | 0% | held |
| 19 | GYRODYNE CO AMER INC | 0.1% | $176.0k | 12,026 | -32% | reduced | |
| 20 | ABX BARRICK GOLD CORP | Financial Services | 0.1% | $157.0k | 10,200 | -65% | reduced |
| 21 | MERITOR SVGS BK PA | 0.0% | $114.0k | 43,645 | 0% | held | |
| 22 | DOVER MOTORSPORTS INC | 0.0% | $88.0k | 19,000 | – | new | |
| 23 | NIC INC | 0.0% | $71.0k | 50,500 | 0% | held | |
| 24 | SYSTEMAX INC | 0.0% | $58.0k | 37,500 | 0% | held | |
| 25 | LUCENT TECHNOLOGIES INC | 0.0% | $25.0k | 20,000 | – | new | |
| 26 | ELAN PLC | 0.0% | $25.0k | 10,000 | 0% | held | |
| 27 | CITIBANK WEST FSB-SCLP | 0.0% | $17.0k | 12,006 | – | 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.