Fairholme Capital Management 13F holdings, Q2 2008
Holdings as of June 30, 2008 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 34 US equity positions worth $5.4bn in its Q2 2008 13F filing. The largest position was SEARS HLDGS CORPCOM at 16.8% of the reported book, followed by DISH and LEUCADIA NATL CORP. Against the Q1 2008 filing, it opened 2 new positions, added to 9 and reduced 11 among the top 34 holdings.
What did Fairholme Capital Management own in Q2 2008? Top 34 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2008 |
|---|---|---|---|---|---|---|---|
| 1 | SEARS HLDGS CORPCOM | 16.8% | $911.1m | 12,368,790 | 32% | added | |
| 2 | DISH DISH NETWORK CORP | 13.4% | $729.5m | 24,915,422 | 3% | added | |
| 3 | LEUCADIA NATL CORP | 9.9% | $537.2m | 11,444,993 | 10% | added | |
| 4 | CNQ CANADIAN NAT RES LTD | Energy | 8.8% | $478.6m | 4,774,324 | -69% | reduced |
| 5 | MHK MOHAWK INDS INC | Consumer Cyclical | 8.5% | $459.2m | 7,163,821 | 16% | added |
| 6 | UNH UNITEDHEALTH GROUP INC | Healthcare | 8.2% | $443.6m | 16,899,500 | – | new |
| 7 | FOREST LABS INC | 7.8% | $426.3m | 12,270,000 | – | new | |
| 8 | JOE ST JOE CO | Real Estate | 6.0% | $325.8m | 9,492,300 | -26% | reduced |
| 9 | USG CORP NEW | 3.8% | $209.0m | 7,066,936 | -18% | reduced | |
| 10 | ECHO ECHOSTAR CORP | Communication Services | 3.5% | $191.5m | 6,132,420 | 6% | added |
| 11 | URI UNITED RENTALS INC | Industrials | 3.5% | $190.1m | 9,694,500 | 116% | added |
| 12 | MYLAN INC | 3.1% | $166.0m | 13,756,000 | -6% | reduced | |
| 13 | AMERICREDIT CORP | 2.4% | $129.3m | 14,995,600 | 16% | added | |
| 14 | MUELLER WTR PRODS INC | 2.0% | $110.4m | 12,926,000 | -0% | held | |
| 15 | TAL INTERNATIONAL GROUP INC | 1.0% | $55.4m | 2,436,697 | -12% | reduced | |
| 16 | WINTHROP REALTY TRUST INC | 0.3% | $15.6m | 4,340,750 | 84% | added | |
| 17 | HOMEFED CORP | 0.3% | $13.6m | 290,463 | -5% | reduced | |
| 18 | IDT CORP | 0.2% | $11.2m | 6,571,500 | 0% | held | |
| 19 | PENN WEST ENERGY TR UNIT | 0.1% | $5.7m | 167,347 | -0% | held | |
| 20 | IDT CORP | 0.1% | $4.0m | 2,644,300 | 0% | held | |
| 21 | MWA MUELLER WTR PRODS INC | Industrials | 0.1% | $3.2m | 393,400 | -0% | held |
| 22 | WHITE MTNS INS GROUP LTD | 0.1% | $3.1m | 7,274 | -66% | reduced | |
| 23 | MCY MERCURY GENL CORP NEW | Financial Services | 0.1% | $3.0m | 65,150 | -10% | reduced |
| 24 | DJCO DAILY JOURNAL CORP | Technology | 0.0% | $2.6m | 64,401 | -2% | reduced |
| 25 | HSBC HSBC HLDGS PLC SPON | Financial Services | 0.0% | $1.4m | 18,847 | 2% | added |
| 26 | BMY BRISTOL MYERS SQUIBB | Healthcare | 0.0% | $1.2m | 56,500 | -99% | reduced |
| 27 | DUKE ENERGY CORP | 0.0% | $754.0k | 43,400 | 0% | held | |
| 28 | KO COCA COLA CO | Consumer Defensive | 0.0% | $671.0k | 12,900 | -12% | reduced |
| 29 | SPECTRA ENERGY CORP | 0.0% | $624.0k | 21,700 | 0% | held | |
| 30 | CALUMET SPEC PROD PTNR UT LTD | 0.0% | $622.0k | 43,300 | 0% | held | |
| 31 | GYRODYNE CO AMER INC | 0.0% | $383.0k | 11,026 | 0% | held | |
| 32 | WESCO FINL CORP | 0.0% | $374.0k | 980 | 0% | held | |
| 33 | MKL MARKEL CORP | Financial Services | 0.0% | $275.0k | 750 | 0% | held |
| 34 | MERITOR SVGS BK PA | 0.0% | $162.0k | 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.