Fairholme Capital Management 13F holdings, Q4 2003
Holdings as of December 31, 2003 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 28 US equity positions worth $366.9m in its Q4 2003 13F filing. The largest position was LEUCADIA NATL at 49.6% of the reported book, followed by MKL and MCY. Against the Q3 2003 filing, it opened 6 new positions, added to 3 and reduced 5 among the top 28 holdings.
What did Fairholme Capital Management own in Q4 2003? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2003 |
|---|---|---|---|---|---|---|---|
| 1 | LEUCADIA NATL | 49.6% | $181.9m | 3,944,701 | 42% | added | |
| 2 | MKL MARKEL CORP | Financial Services | 15.6% | $57.1m | 225,134 | -1% | reduced |
| 3 | MCY MERCURY GENL CORP NEW | Financial Services | 13.7% | $50.4m | 1,083,442 | -1% | reduced |
| 4 | WHITE MTNS INS GROUP LTD | 11.4% | $41.9m | 91,100 | 0% | held | |
| 5 | HOMEFED CORP | 2.5% | $9.3m | 321,325 | 1% | added | |
| 6 | WFC WELLS FARGO & CO | Financial Services | 1.9% | $7.0m | 118,610 | 0% | held |
| 7 | OXFORD HEALTH PLANS | 0.8% | $2.8m | 63,502 | -2% | reduced | |
| 8 | HSBC HSBC HLDGS PLC SPON | Financial Services | 0.7% | $2.5m | 31,537 | -54% | reduced |
| 9 | DUKE ENERGY CORP | 0.6% | $2.1m | 103,800 | – | new | |
| 10 | KO COCA COLA CO | Consumer Defensive | 0.6% | $2.0m | 40,030 | 0% | held |
| 11 | ALTRIA GROUP INC | 0.5% | $2.0m | 36,503 | 0% | held | |
| 12 | ARCH WIRELESS INC | 0.4% | $1.5m | 74,470 | 0% | held | |
| 13 | WMB WILLIAMS COS INC DEL | Energy | 0.3% | $1.2m | 117,200 | – | new |
| 14 | FIRST UNION REAL ESTATE EQ&MTG | 0.2% | $886.0k | 409,975 | 3% | added | |
| 15 | WESCO FINL CORP | 0.2% | $599.0k | 1,702 | 0% | held | |
| 16 | DJCO DAILY JOURNAL CORP | Technology | 0.2% | $565.0k | 18,225 | – | new |
| 17 | INTC INTEL CORP | Technology | 0.1% | $515.0k | 16,064 | -38% | reduced |
| 18 | MS MORGAN STAN DEAN WITTR NEW | Financial Services | 0.1% | $498.0k | 8,610 | 0% | held |
| 19 | GOLDEN WEST FINL DEL | 0.1% | $426.0k | 4,126 | 0% | held | |
| 20 | MCI INC WHEN ISSUED | 0.1% | $353.0k | 15,000 | – | new | |
| 21 | GYRODYNE CO AMER INC | 0.1% | $331.0k | 12,026 | 0% | held | |
| 22 | MU MICRON TECHNOLOGY INC | Technology | 0.1% | $269.0k | 20,000 | 0% | held |
| 23 | SYSTEMAX INC | 0.1% | $250.0k | 37,500 | 0% | held | |
| 24 | TECHNE CORP | 0.1% | $227.0k | 6,000 | – | new | |
| 25 | RLI RLI CORP | Financial Services | 0.1% | $215.0k | 5,752 | – | new |
| 26 | MERITOR SVGS BK PA | 0.0% | $135.0k | 43,645 | 0% | held | |
| 27 | GENIUS PRODUCTS INC | 0.0% | $25.0k | 10,000 | 0% | held | |
| 28 | CITIBANK WEST FSB-SCLP | 0.0% | $10.0k | 12,006 | 0% | held |
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.