Fairholme Capital Management 13F holdings, Q1 2005
Holdings as of March 31, 2005 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 25 US equity positions worth $787.5m in its Q1 2005 13F filing. The largest position was MCI INC at 33.8% of the reported book, followed by LEUCADIA NATL and MCY. Against the Q4 2004 filing, it opened 1 new position, added to 7 and reduced 4 among the top 25 holdings.
What did Fairholme Capital Management own in Q1 2005? Top 25 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2004 |
|---|---|---|---|---|---|---|---|
| 1 | MCI INC | 33.8% | $266.2m | 10,692,027 | -4% | reduced | |
| 2 | LEUCADIA NATL | 29.9% | $235.8m | 6,864,528 | 77% | added | |
| 3 | MCY MERCURY GENL CORP NEW | Financial Services | 7.9% | $62.3m | 1,127,310 | 11% | added |
| 4 | ECHOSTAR COMMNTNS NEW | 7.5% | $59.2m | 2,024,888 | 483% | added | |
| 5 | WHITE MTNS INS GROUP LTD | 7.3% | $57.6m | 94,663 | -0% | held | |
| 6 | CNQ CANADIAN NAT RES LTD | Energy | 5.6% | $44.3m | 780,200 | 19% | added |
| 7 | AT&T CORP | 2.6% | $20.3m | 1,083,800 | 8% | added | |
| 8 | HOMEFED CORP | 2.2% | $17.0m | 320,689 | 0% | held | |
| 9 | USA MOBILITY INC | 0.9% | $7.1m | 219,241 | 22% | added | |
| 10 | WFC WELLS FARGO & CO | Financial Services | 0.9% | $7.0m | 116,410 | 0% | held |
| 11 | HSBC HSBC HLDGS PLC SPON | Financial Services | 0.3% | $2.5m | 31,657 | 0% | held |
| 12 | DJCO DAILY JOURNAL CORP | Technology | 0.2% | $1.9m | 43,525 | 1% | added |
| 13 | SBC COMMUNICATIONS INC | 0.2% | $1.3m | 55,000 | – | new | |
| 14 | DUKE ENERGY CORP | 0.1% | $1.1m | 38,700 | -84% | reduced | |
| 15 | KO COCA COLA CO | Consumer Defensive | 0.1% | $725.0k | 17,397 | 0% | held |
| 16 | WESCO FINL CORP | 0.1% | $578.0k | 1,502 | -12% | reduced | |
| 17 | MKL MARKEL CORP | Financial Services | 0.1% | $566.0k | 1,641 | -16% | reduced |
| 18 | GOLDEN WEST FINL DEL | 0.1% | $475.0k | 7,852 | 0% | held | |
| 19 | GYRODYNE CO AMER INC | 0.1% | $474.0k | 11,026 | 0% | held | |
| 20 | MS MORGAN STAN DEAN WITTR NEW | Financial Services | 0.0% | $230.0k | 4,010 | 0% | held |
| 21 | RLI RLI CORP | Financial Services | 0.0% | $207.0k | 5,002 | 0% | held |
| 22 | MU MICRON TECHNOLOGY INC | Technology | 0.0% | $207.0k | 20,000 | 0% | held |
| 23 | SYSTEMAX INC | 0.0% | $204.0k | 37,500 | 0% | held | |
| 24 | MERITOR SVGS BK PA | 0.0% | $190.0k | 43,645 | 0% | held | |
| 25 | CITIBANK WEST FSB-SCLP | 0.0% | $2.0k | 12,000 | 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.