Fairholme Capital Management 13F holdings, Q3 2006
Holdings as of September 30, 2006 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 32 US equity positions worth $2.6bn in its Q3 2006 13F filing. The largest position was CNQ at 21.9% of the reported book, followed by ECHOSTAR COMMUNICATIONS CORP C and PENN WEST ENERGY TR UNIT. Against the Q2 2006 filing, it opened 5 new positions, added to 8 and reduced 5 among the top 32 holdings.
What did Fairholme Capital Management own in Q3 2006? Top 32 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2006 |
|---|---|---|---|---|---|---|---|
| 1 | CNQ CANADIAN NAT RES LTD | Energy | 21.9% | $560.9m | 12,305,568 | – | new |
| 2 | ECHOSTAR COMMUNICATIONS CORP C | 17.4% | $445.4m | 13,603,442 | 3% | added | |
| 3 | PENN WEST ENERGY TR UNIT | 12.0% | $306.8m | 8,342,820 | – | new | |
| 4 | MHK MOHAWK INDS INC | Consumer Cyclical | 7.8% | $200.9m | 2,698,800 | 34% | added |
| 5 | LEUCADIA NATL CORP | 6.6% | $169.0m | 6,458,872 | -2% | reduced | |
| 6 | SEARS HLDGS CORPCOM | 6.1% | $156.0m | 987,071 | -1% | reduced | |
| 7 | EMN EASTMAN CHEM CO | Basic Materials | 3.8% | $97.3m | 1,800,800 | 1751% | added |
| 8 | USG CORP NEW | 3.7% | $94.3m | 2,005,100 | – | new | |
| 9 | IDT CORP | 3.6% | $91.6m | 6,351,200 | 0% | held | |
| 10 | PHELPS DODGE CORP | 3.1% | $78.8m | 930,000 | 93% | added | |
| 11 | USA MOBILITY INC | 2.4% | $61.7m | 2,700,026 | 0% | held | |
| 12 | DUKE ENERGY CORP | 2.3% | $60.0m | 1,986,200 | 3% | added | |
| 13 | TAL INTERNATIONAL GROUP INC | 2.2% | $55.6m | 2,760,997 | 0% | held | |
| 14 | ANNALY CAPITAL MANAGEMENT INC | 1.6% | $42.2m | 3,213,350 | -36% | reduced | |
| 15 | MRSH MARSH & MCLENNAN COS INC | Financial Services | 1.4% | $36.4m | 1,292,000 | 28% | added |
| 16 | CALUMET SPEC PROD PTNR UT LTD | 1.0% | $26.0m | 812,333 | 11% | added | |
| 17 | IDT CORP | 0.8% | $21.6m | 1,528,500 | 0% | held | |
| 18 | HOMEFED CORP | 0.8% | $21.4m | 319,622 | -0% | held | |
| 19 | WHITE MTNS INS GROUP LTD | 0.6% | $14.8m | 29,722 | 0% | held | |
| 20 | WINTHROP REALTY TRUST INC | 0.4% | $10.5m | 1,620,617 | 0% | held | |
| 21 | MCY MERCURY GENL CORP NEW | Financial Services | 0.2% | $4.1m | 81,650 | -3% | reduced |
| 22 | KALU KAISER ALUMINUM CORP | Basic Materials | 0.1% | $2.4m | 54,200 | – | new |
| 23 | DJCO DAILY JOURNAL CORP | Technology | 0.1% | $2.3m | 59,946 | 0% | held |
| 24 | HSBC HSBC HLDGS PLC SPON | Financial Services | 0.1% | $1.6m | 17,448 | 4% | added |
| 25 | KO COCA COLA CO | Consumer Defensive | 0.0% | $768.0k | 17,197 | -1% | reduced |
| 26 | WESCO FINL CORP | 0.0% | $648.0k | 1,482 | 0% | held | |
| 27 | MKL MARKEL CORP | Financial Services | 0.0% | $633.0k | 1,541 | 0% | held |
| 28 | SYSTEMAX INC | 0.0% | $553.0k | 34,500 | 0% | held | |
| 29 | GYRODYNE CO AMER INC | 0.0% | $528.0k | 11,026 | 0% | held | |
| 30 | MU MICRON TECHNOLOGY INC | Technology | 0.0% | $348.0k | 20,000 | 0% | held |
| 31 | ONEOK PARTNERS LP UNIT LTD PAR | 0.0% | $225.0k | 4,000 | – | new | |
| 32 | MERITOR SVGS BK PA | 0.0% | $174.0k | 43,645 | 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.