Fairholme Capital Management 13F holdings, Q1 2009
Holdings as of March 31, 2009 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 27 US equity positions worth $3.8bn in its Q1 2009 13F filing. The largest position was SEARS HLDGS CORP at 17.4% of the reported book, followed by FOREST LABS INC and AXP. Against the Q4 2008 filing, it opened 0 new positions, added to 7 and reduced 12 among the top 27 holdings.
What did Fairholme Capital Management own in Q1 2009? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2008 |
|---|---|---|---|---|---|---|---|
| 1 | SEARS HLDGS CORP | 17.4% | $655.4m | 14,338,939 | 12% | added | |
| 2 | FOREST LABS INC | 11.7% | $440.7m | 20,067,400 | -2% | reduced | |
| 3 | AXP AMERICAN EXPRESS CO | Financial Services | 8.6% | $324.6m | 23,813,050 | 76% | added |
| 4 | NOC NORTHROP GRUMMAN CORP | Industrials | 8.5% | $319.4m | 7,319,676 | -18% | reduced |
| 5 | BA BOEING CO | Industrials | 8.3% | $310.4m | 8,722,727 | -4% | reduced |
| 6 | JOE ST JOE CO | Real Estate | 8.2% | $309.0m | 18,456,326 | 64% | added |
| 7 | UNH UNITEDHEALTH GROUP INC | Healthcare | 7.3% | $275.4m | 13,158,010 | -28% | reduced |
| 8 | LEUCADIA NATL CORP | 7.2% | $271.7m | 18,249,025 | 2% | added | |
| 9 | S9Q SPIRIT AEROSYSTEMS HLDGS INC C | 5.0% | $189.6m | 19,012,064 | 21% | added | |
| 10 | AMERICREDIT CORP | 5.0% | $189.3m | 32,307,322 | 0% | held | |
| 11 | HERTZ GLOBAL HOLDINGS INC | 4.5% | $168.0m | 42,738,138 | 25% | added | |
| 12 | WELLCARE HEALTH PLANS INC | 2.4% | $91.5m | 8,134,413 | -2% | reduced | |
| 13 | GD GENERAL DYNAMICS CORP | Industrials | 2.3% | $86.4m | 2,078,100 | -9% | reduced |
| 14 | CNQ CANADIAN NAT RES LTD | Energy | 1.4% | $51.3m | 1,329,670 | -88% | reduced |
| 15 | URI UNITED RENTALS INC | Industrials | 1.1% | $43.1m | 10,240,205 | -3% | reduced |
| 16 | TAL INTL GROUP INC | 0.5% | $17.8m | 2,436,697 | 0% | held | |
| 17 | WINTHROP RLTY TR SH BEN INT | 0.2% | $8.4m | 1,208,678 | -4% | reduced | |
| 18 | HOMEFED CORP | 0.1% | $2.4m | 163,056 | -10% | reduced | |
| 19 | WHITE MTNS INS GROUP LTD | 0.0% | $1.2m | 7,274 | 0% | held | |
| 20 | BMY BRISTOL MYERS SQUIBB CO | Healthcare | 0.0% | $870.0k | 39,700 | -18% | reduced |
| 21 | DJCO DAILY JOURNAL CORP | Technology | 0.0% | $679.0k | 18,850 | 0% | held |
| 22 | KO COCA COLA CO | Consumer Defensive | 0.0% | $567.0k | 12,900 | 0% | held |
| 23 | HSBC HSBC HLDGS PLC SPON | Financial Services | 0.0% | $554.0k | 19,648 | 4% | added |
| 24 | WESCO FINL CORP | 0.0% | $270.0k | 980 | 0% | held | |
| 25 | GYRODYNE CO AMER INC | 0.0% | $237.0k | 10,256 | -7% | reduced | |
| 26 | MKL MARKEL CORP | Financial Services | 0.0% | $213.0k | 750 | 0% | held |
| 27 | PENN WEST ENERGY TR TR UNIT | 0.0% | $144.0k | 15,129 | 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.