Fairholme Capital Management 13F holdings, Q1 2004
Holdings as of March 31, 2004 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 30 US equity positions worth $438.7m in its Q1 2004 13F filing. The largest position was LEUCADIA NATL at 48.1% of the reported book, followed by MKL and MCY. Against the Q4 2003 filing, it opened 2 new positions, added to 8 and reduced 5 among the top 30 holdings.
What did Fairholme Capital Management own in Q1 2004? Top 30 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2003 |
|---|---|---|---|---|---|---|---|
| 1 | LEUCADIA NATL | 48.1% | $210.9m | 3,958,681 | 0% | held | |
| 2 | MKL MARKEL CORP | Financial Services | 14.5% | $63.5m | 220,497 | -2% | reduced |
| 3 | MCY MERCURY GENL CORP NEW | Financial Services | 13.0% | $57.2m | 1,144,897 | 6% | added |
| 4 | WHITE MTNS INS GROUP LTD | 11.3% | $49.6m | 94,560 | 4% | added | |
| 5 | HOMEFED CORP | 2.5% | $11.1m | 321,208 | -0% | held | |
| 6 | ARCH WIRELESS INC | 1.7% | $7.2m | 224,470 | 201% | added | |
| 7 | WFC WELLS FARGO & CO | Financial Services | 1.5% | $6.6m | 117,310 | -1% | reduced |
| 8 | DUKE ENERGY CORP | 1.1% | $4.6m | 204,930 | 97% | added | |
| 9 | HEALTH MGMT ASSOC INC | 1.0% | $4.6m | 196,860 | – | new | |
| 10 | WMB WILLIAMS COS INC DEL | Energy | 0.8% | $3.6m | 377,700 | 222% | added |
| 11 | MCI INC WHEN ISSUED | 0.8% | $3.5m | 166,000 | 1007% | added | |
| 12 | OXFORD HEALTH PLANS | 0.7% | $3.1m | 63,502 | 0% | held | |
| 13 | FIRST UNION REAL ESTATE EQ&MTG | 0.6% | $2.5m | 789,059 | 92% | added | |
| 14 | HSBC HSBC HLDGS PLC SPON | Financial Services | 0.5% | $2.4m | 31,537 | 0% | held |
| 15 | KO COCA COLA CO | Consumer Defensive | 0.5% | $2.0m | 39,650 | -1% | reduced |
| 16 | COMMERCE BANCORP NJ | 0.3% | $1.2m | 17,800 | – | new | |
| 17 | DJCO DAILY JOURNAL CORP | Technology | 0.2% | $966.0k | 26,825 | 47% | added |
| 18 | WESCO FINL CORP | 0.2% | $659.0k | 1,702 | 0% | held | |
| 19 | ALTRIA GROUP INC | 0.1% | $626.0k | 11,503 | -68% | reduced | |
| 20 | MS MORGAN STAN DEAN WITTR NEW | Financial Services | 0.1% | $493.0k | 8,610 | 0% | held |
| 21 | GOLDEN WEST FINL DEL | 0.1% | $440.0k | 3,926 | -5% | reduced | |
| 22 | INTC INTEL CORP | Technology | 0.1% | $437.0k | 16,064 | 0% | held |
| 23 | MU MICRON TECHNOLOGY INC | Technology | 0.1% | $334.0k | 20,000 | 0% | held |
| 24 | GYRODYNE CO AMER INC | 0.1% | $326.0k | 12,026 | 0% | held | |
| 25 | TECHNE CORP | 0.1% | $245.0k | 6,000 | 0% | held | |
| 26 | RLI RLI CORP | Financial Services | 0.1% | $222.0k | 5,752 | 0% | held |
| 27 | SYSTEMAX INC | 0.0% | $198.0k | 37,500 | 0% | held | |
| 28 | MERITOR SVGS BK PA | 0.0% | $164.0k | 43,645 | 0% | held | |
| 29 | GENIUS PRODUCTS INC | 0.0% | $20.0k | 10,000 | 0% | held | |
| 30 | 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.