Fairholme Capital Management 13F holdings, Q4 2008
Holdings as of December 31, 2008 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 31 US equity positions worth $4.7bn in its Q4 2008 13F filing. The largest position was FOREST LABS INC at 11.2% of the reported book, followed by SEARS HLDGS CORP and UNH. Against the Q3 2008 filing, it opened 3 new positions, added to 10 and reduced 8 among the top 31 holdings.
What did Fairholme Capital Management own in Q4 2008? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2008 |
|---|---|---|---|---|---|---|---|
| 1 | FOREST LABS INC | 11.2% | $520.5m | 20,437,332 | 13% | added | |
| 2 | SEARS HLDGS CORP | 10.7% | $497.5m | 12,799,740 | -12% | reduced | |
| 3 | UNH UNITEDHEALTH GROUP INC | Healthcare | 10.4% | $485.0m | 18,231,878 | -12% | reduced |
| 4 | CNQ CANADIAN NAT RES LTD | Energy | 9.2% | $427.8m | 10,699,796 | 54% | added |
| 5 | NOC NORTHROP GRUMMAN CORP | Industrials | 8.7% | $404.1m | 8,972,778 | 104% | added |
| 6 | BA BOEING CO | Industrials | 8.3% | $385.8m | 9,040,828 | 10% | added |
| 7 | LEUCADIA NATL CORP | 7.6% | $355.8m | 17,968,944 | 16% | added | |
| 8 | JOE ST JOE CO | Real Estate | 5.9% | $273.4m | 11,242,676 | 2% | added |
| 9 | AXP AMERICAN EXPRESS CO | Financial Services | 5.4% | $251.1m | 13,536,450 | – | new |
| 10 | AMERICREDIT CORP | 5.3% | $246.8m | 32,307,322 | 53% | added | |
| 11 | HERTZ GLOBAL HOLDINGS INC | 3.7% | $173.4m | 34,200,829 | 177% | added | |
| 12 | S9Q SPIRIT AEROSYSTEMS HLDGS INC C | 3.4% | $159.6m | 15,693,989 | 418% | added | |
| 13 | GD GENERAL DYNAMICS CORP | Industrials | 2.8% | $131.2m | 2,278,100 | – | new |
| 14 | WELLCARE HEALTH PLANS INC | 2.3% | $106.9m | 8,313,407 | -0% | held | |
| 15 | URI UNITED RENTALS INC | Industrials | 2.1% | $96.7m | 10,604,310 | 23% | added |
| 16 | MUELLER WTR PRODS INC | 1.3% | $58.7m | 6,958,400 | -30% | reduced | |
| 17 | DISH DISH NETWORK CORP | 0.7% | $34.5m | 3,115,452 | -84% | reduced | |
| 18 | TAL INTL GROUP INC | 0.7% | $34.4m | 2,436,697 | 0% | held | |
| 19 | WINTHROP RLTY TR SH BEN INT | 0.3% | $13.6m | 1,254,717 | – | new | |
| 20 | HOMEFED CORP | 0.1% | $3.0m | 181,928 | -13% | reduced | |
| 21 | WHITE MTNS INS GROUP LTD | 0.0% | $1.9m | 7,274 | 0% | held | |
| 22 | BMY BRISTOL MYERS SQUIBB CO | Healthcare | 0.0% | $1.1m | 48,300 | -14% | reduced |
| 23 | HSBC HSBC HLDGS PLC SPON | Financial Services | 0.0% | $917.0k | 18,847 | 0% | held |
| 24 | DJCO DAILY JOURNAL CORP | Technology | 0.0% | $646.0k | 18,850 | -64% | reduced |
| 25 | KO COCA COLA CO | Consumer Defensive | 0.0% | $584.0k | 12,900 | 0% | held |
| 26 | WESCO FINL CORP | 0.0% | $282.0k | 980 | 0% | held | |
| 27 | GYRODYNE CO AMER INC | 0.0% | $276.0k | 11,026 | 0% | held | |
| 28 | MCY MERCURY GENL CORP NEW | Financial Services | 0.0% | $237.0k | 5,150 | 0% | held |
| 29 | MKL MARKEL CORP | Financial Services | 0.0% | $224.0k | 750 | 0% | held |
| 30 | PENN WEST ENERGY TR TR UNIT | 0.0% | $168.0k | 15,129 | -53% | reduced | |
| 31 | MERITOR SVGS BK PA | 0.0% | $109.0k | 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.