Fairholme Capital Management 13F holdings, Q1 2007
Holdings as of March 31, 2007 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 30 US equity positions worth $3.7bn in its Q1 2007 13F filing. The largest position was CNQ at 27.4% of the reported book, followed by ECHOSTAR COMMUNICATIONS CORP C and PENN WEST ENERGY TR UNIT. Against the Q4 2006 filing, it opened 2 new positions, added to 10 and reduced 6 among the top 30 holdings.
What did Fairholme Capital Management own in Q1 2007? Top 30 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2006 |
|---|---|---|---|---|---|---|---|
| 1 | CNQ CANADIAN NAT RES LTD | Energy | 27.4% | $1.0bn | 18,154,868 | 26% | added |
| 2 | ECHOSTAR COMMUNICATIONS CORP C | 16.2% | $594.2m | 13,681,776 | -0% | held | |
| 3 | PENN WEST ENERGY TR UNIT | 9.9% | $364.5m | 12,405,120 | 2% | added | |
| 4 | MHK MOHAWK INDS INC | Consumer Cyclical | 7.6% | $277.2m | 3,378,768 | -1% | reduced |
| 5 | LEUCADIA NATL CORP | 7.0% | $257.9m | 8,765,612 | 27% | added | |
| 6 | EMN EASTMAN CHEM CO | Basic Materials | 6.9% | $252.8m | 3,991,868 | 106% | added |
| 7 | SEARS HLDGS CORPCOM | 4.9% | $178.3m | 989,589 | -0% | held | |
| 8 | USG CORP NEW | 4.5% | $164.5m | 3,524,236 | 19% | added | |
| 9 | MUELLER WTR PRODS INC | 3.5% | $127.5m | 9,524,500 | 24% | added | |
| 10 | IDT CORP | 2.0% | $74.3m | 6,547,200 | 3% | added | |
| 11 | TAL INTERNATIONAL GROUP INC | 1.8% | $66.3m | 2,760,997 | 0% | held | |
| 12 | SPECTRA ENERGY CORP | 1.8% | $66.2m | 2,519,900 | – | new | |
| 13 | USA MOBILITY INC | 1.3% | $47.3m | 2,374,526 | 0% | held | |
| 14 | FCX FREEPORT-MCMORAN COPPER & GOLD | Basic Materials | 1.2% | $43.9m | 662,496 | – | new |
| 15 | MRSH MARSH & MCLENNAN COS INC | Financial Services | 0.9% | $33.9m | 1,158,368 | -10% | reduced |
| 16 | CALUMET SPEC PROD PTNR UT LTD | 0.6% | $20.8m | 432,253 | -28% | reduced | |
| 17 | HOMEFED CORP | 0.5% | $19.4m | 318,472 | -0% | held | |
| 18 | IDT CORP | 0.5% | $17.2m | 1,528,500 | 0% | held | |
| 19 | WHITE MTNS INS GROUP LTD | 0.5% | $16.8m | 29,722 | 0% | held | |
| 20 | WINTHROP REALTY TRUST INC | 0.4% | $13.7m | 2,070,847 | 2% | added | |
| 21 | MWA MUELLER WTR PRODS INC | Industrials | 0.3% | $12.7m | 922,000 | 6% | added |
| 22 | MCY MERCURY GENL CORP NEW | Financial Services | 0.1% | $3.8m | 72,350 | -5% | reduced |
| 23 | DJCO DAILY JOURNAL CORP | Technology | 0.1% | $2.7m | 67,496 | 0% | held |
| 24 | HSBC HSBC HLDGS PLC SPON | Financial Services | 0.0% | $1.6m | 17,727 | 1% | added |
| 25 | DUKE ENERGY CORP | 0.0% | $881.0k | 43,400 | -98% | reduced | |
| 26 | KO COCA COLA CO | Consumer Defensive | 0.0% | $729.0k | 15,181 | -13% | reduced |
| 27 | WESCO FINL CORP | 0.0% | $682.0k | 1,482 | 0% | held | |
| 28 | GYRODYNE CO AMER INC | 0.0% | $655.0k | 11,026 | 0% | held | |
| 29 | MKL MARKEL CORP | Financial Services | 0.0% | $364.0k | 751 | 0% | held |
| 30 | MERITOR SVGS BK PA | 0.0% | $196.0k | 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.