Fairholme Capital Management 13F holdings, Q1 2003
Holdings as of March 31, 2003 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 28 US equity positions worth $244.6m in its Q1 2003 13F filing. The largest position was LEUCADIA NATL at 28.9% of the reported book, followed by MKL and MCY. Against the Q4 2002 filing, it opened 3 new positions, added to 6 and reduced 4 among the top 28 holdings.
What did Fairholme Capital Management own in Q1 2003? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2002 |
|---|---|---|---|---|---|---|---|
| 1 | LEUCADIA NATL | 28.9% | $70.7m | 1,977,904 | 8% | added | |
| 2 | MKL MARKEL CORP | Financial Services | 21.4% | $52.3m | 233,798 | -1% | reduced |
| 3 | MCY MERCURY GENL CORP NEW | Financial Services | 17.5% | $42.9m | 1,130,082 | 10% | added |
| 4 | WHITE MTNS INS GROUP LTD | 12.6% | $30.9m | 91,000 | 2% | added | |
| 5 | WILTEL COMMUNICATIONS | 11.8% | $28.8m | 2,282,739 | 22% | added | |
| 6 | WFC WELLS FARGO & CO | Financial Services | 2.5% | $6.1m | 134,660 | -0% | held |
| 7 | HOMEFED CORP | 1.6% | $3.8m | 2,813,363 | -0% | held | |
| 8 | U S G CORP | 0.7% | $1.7m | 404,300 | -22% | reduced | |
| 9 | KO COCA COLA CO | Consumer Defensive | 0.7% | $1.6m | 40,030 | 0% | held |
| 10 | MERCK & CO INC | 0.5% | $1.2m | 21,611 | -10% | reduced | |
| 11 | FEDERAL HOME LN MTG CP | 0.3% | $850.0k | 16,000 | -11% | reduced | |
| 12 | FIRST UNION REAL ESTATE EQ&MTG | 0.3% | $689.0k | 409,975 | 0% | held | |
| 13 | WESCO FINL CORP | 0.2% | $507.0k | 1,702 | – | new | |
| 14 | GATEWAY INC | 0.2% | $425.0k | 180,000 | 0% | held | |
| 15 | AXP AMERICAN EXPRESS CO | Financial Services | 0.1% | $349.0k | 10,503 | 22% | added |
| 16 | INTC INTEL CORP | Technology | 0.1% | $343.0k | 21,064 | 0% | held |
| 17 | MS MORGAN STAN DEAN WITTR NEW | Financial Services | 0.1% | $330.0k | 8,610 | – | new |
| 18 | GOLDEN WEST FINL DEL | 0.1% | $297.0k | 4,126 | 0% | held | |
| 19 | GYRODYNE CO AMER INC | 0.1% | $203.0k | 12,026 | 0% | held | |
| 20 | DOVER MOTORSPORTS INC | 0.1% | $186.0k | 58,600 | 208% | added | |
| 21 | MU MICRON TECHNOLOGY INC | Technology | 0.1% | $163.0k | 20,000 | 0% | held |
| 22 | MERITOR SVGS BK PA | 0.0% | $113.0k | 43,645 | 0% | held | |
| 23 | NIC INC | 0.0% | $88.0k | 50,500 | 0% | held | |
| 24 | SYSTEMAX INC | 0.0% | $75.0k | 37,500 | 0% | held | |
| 25 | LUCENT TECHNOLOGIES INC | 0.0% | $29.0k | 20,000 | 0% | held | |
| 26 | ELAN PLC | 0.0% | $28.0k | 10,000 | 0% | held | |
| 27 | CITIBANK WEST FSB-SCLP | 0.0% | $12.0k | 12,006 | 0% | held | |
| 28 | GENIUS PRODUCTS INC | 0.0% | $8.0k | 10,000 | – | 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.