Fairholme Capital Management 13F holdings, Q1 2008
Holdings as of March 31, 2008 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 32 US equity positions worth $5.5bn in its Q1 2008 13F filing. The largest position was CNQ at 19.2% of the reported book, followed by SEARS HLDGS CORPCOM and DISH. Against the Q4 2007 filing, it opened 6 new positions, added to 10 and reduced 5 among the top 32 holdings.
What did Fairholme Capital Management own in Q1 2008? Top 32 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2007 |
|---|---|---|---|---|---|---|---|
| 1 | CNQ CANADIAN NAT RES LTD | Energy | 19.2% | $1.1bn | 15,496,524 | -25% | reduced |
| 2 | SEARS HLDGS CORPCOM | 17.5% | $958.7m | 9,353,590 | 51% | added | |
| 3 | DISH DISH NETWORK CORP | 12.6% | $692.3m | 24,095,822 | 10% | added | |
| 4 | JOE ST JOE CO | Real Estate | 10.1% | $552.8m | 12,876,800 | 257% | added |
| 5 | LEUCADIA NATL CORP | 8.6% | $470.0m | 10,394,003 | 18% | added | |
| 6 | MHK MOHAWK INDS INC | Consumer Cyclical | 8.1% | $441.8m | 6,169,421 | 12% | added |
| 7 | USG CORP NEW | 5.8% | $316.4m | 8,594,136 | 30% | added | |
| 8 | BMY BRISTOL MYERS SQUIBB | Healthcare | 3.4% | $184.7m | 8,672,100 | – | new |
| 9 | ECHO ECHOSTAR CORP | Communication Services | 3.1% | $171.0m | 5,789,560 | – | new |
| 10 | MYLAN INC | 3.1% | $169.6m | 14,622,100 | – | new | |
| 11 | AMERICREDIT CORP | 2.4% | $130.7m | 12,975,400 | – | new | |
| 12 | MUELLER WTR PRODS INC | 1.9% | $102.2m | 12,975,500 | 5% | added | |
| 13 | URI UNITED RENTALS INC | Industrials | 1.5% | $84.7m | 4,494,800 | – | new |
| 14 | TAL INTERNATIONAL GROUP INC | 1.2% | $65.1m | 2,760,997 | 0% | held | |
| 15 | IDT CORP | 0.5% | $25.4m | 6,571,500 | -2% | reduced | |
| 16 | HOMEFED CORP | 0.3% | $15.0m | 306,049 | -0% | held | |
| 17 | WHITE MTNS INS GROUP LTD | 0.2% | $10.2m | 21,322 | 0% | held | |
| 18 | WINTHROP REALTY TRUST INC | 0.2% | $9.7m | 2,360,880 | 5% | added | |
| 19 | IDT CORP | 0.2% | $8.8m | 2,644,300 | 18% | added | |
| 20 | PENN WEST ENERGY TR UNIT | 0.1% | $4.7m | 167,348 | -97% | reduced | |
| 21 | MWA MUELLER WTR PRODS INC | Industrials | 0.1% | $3.2m | 393,600 | 2837% | added |
| 22 | MCY MERCURY GENL CORP NEW | Financial Services | 0.1% | $3.2m | 72,150 | 0% | held |
| 23 | DJCO DAILY JOURNAL CORP | Technology | 0.0% | $2.7m | 66,002 | -0% | held |
| 24 | HSBC HSBC HLDGS PLC SPON | Financial Services | 0.0% | $1.5m | 18,419 | 0% | held |
| 25 | CALUMET SPEC PROD PTNR UT LTD | 0.0% | $1.0m | 43,300 | 0% | held | |
| 26 | KO COCA COLA CO | Consumer Defensive | 0.0% | $892.0k | 14,650 | -3% | reduced |
| 27 | DUKE ENERGY CORP | 0.0% | $775.0k | 43,400 | 0% | held | |
| 28 | SPECTRA ENERGY CORP | 0.0% | $494.0k | 21,700 | 0% | held | |
| 29 | GYRODYNE CO AMER INC | 0.0% | $433.0k | 11,026 | 0% | held | |
| 30 | WESCO FINL CORP | 0.0% | $396.0k | 980 | -34% | reduced | |
| 31 | MKL MARKEL CORP | Financial Services | 0.0% | $330.0k | 750 | 0% | held |
| 32 | MERITOR SVGS BK PA | 0.0% | $172.0k | 43,645 | – | new |
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.