Fairholme Capital Management 13F holdings, Q2 2009
Holdings as of June 30, 2009 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 27 US equity positions worth $4.9bn in its Q2 2009 13F filing. The largest position was SEARS HLDGS CORP at 18.4% of the reported book, followed by JOE and HERTZ GLOBAL HOLDINGS INC. Against the Q1 2009 filing, it opened 2 new positions, added to 8 and reduced 11 among the top 27 holdings.
What did Fairholme Capital Management own in Q2 2009? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2009 |
|---|---|---|---|---|---|---|---|
| 1 | SEARS HLDGS CORP | 18.4% | $903.1m | 13,576,439 | -5% | reduced | |
| 2 | JOE ST JOE CO | Real Estate | 13.4% | $655.7m | 24,751,543 | 34% | added |
| 3 | HERTZ GLOBAL HOLDINGS INC | 9.6% | $470.0m | 58,817,361 | 38% | added | |
| 4 | FOREST LABS INC | 9.3% | $455.7m | 18,147,244 | -10% | reduced | |
| 5 | AMERICREDIT CORP | 8.9% | $437.8m | 32,307,322 | 0% | held | |
| 6 | LEUCADIA NATL CORP | 7.8% | $379.8m | 18,008,803 | -1% | reduced | |
| 7 | S9Q SPIRIT AEROSYSTEMS HLDGS INC C | 6.2% | $304.4m | 22,155,838 | 17% | added | |
| 8 | NOC NORTHROP GRUMMAN CORP | Industrials | 5.2% | $254.3m | 5,566,986 | -24% | reduced |
| 9 | UNH UNITEDHEALTH GROUP INC | Healthcare | 5.1% | $247.7m | 9,914,633 | -25% | reduced |
| 10 | BA BOEING CO | Industrials | 4.8% | $236.1m | 5,554,744 | -36% | reduced |
| 11 | WELLCARE HEALTH PLANS INC | 3.2% | $155.3m | 8,399,763 | 3% | added | |
| 12 | AXP AMERICAN EXPRESS CO | Financial Services | 3.0% | $147.1m | 6,331,150 | -73% | reduced |
| 13 | GD GENERAL DYNAMICS CORP | Industrials | 2.4% | $115.8m | 2,089,900 | 1% | added |
| 14 | URI UNITED RENTALS INC | Industrials | 1.3% | $65.3m | 10,065,761 | -2% | reduced |
| 15 | TAL INTL GROUP INC | 0.6% | $29.7m | 2,724,862 | 12% | added | |
| 16 | RSC HOLDINGS, INC | 0.4% | $19.3m | 2,877,100 | – | new | |
| 17 | WINTHROP RLTY TR SH BEN INT | 0.2% | $10.3m | 1,150,234 | -5% | reduced | |
| 18 | HOMEFED CORP | 0.1% | $3.0m | 149,469 | -8% | reduced | |
| 19 | WHITE MTNS INS GROUP LTD | 0.0% | $1.7m | 7,374 | 1% | added | |
| 20 | HSBC HSBC HLDGS PLC SPON | Financial Services | 0.0% | $1.2m | 28,093 | 43% | added |
| 21 | DJCO DAILY JOURNAL CORP | Technology | 0.0% | $863.0k | 18,850 | 0% | held |
| 22 | KO COCA COLA CO | Consumer Defensive | 0.0% | $619.0k | 12,900 | 0% | held |
| 23 | GYRODYNE CO AMER INC | 0.0% | $431.0k | 10,256 | 0% | held | |
| 24 | BMY BRISTOL MYERS SQUIBB CO | Healthcare | 0.0% | $388.0k | 19,100 | -52% | reduced |
| 25 | WESCO FINL CORP | 0.0% | $285.0k | 980 | 0% | held | |
| 26 | PENN WEST ENERGY TR TR UNIT | 0.0% | $193.0k | 15,129 | -0% | held | |
| 27 | MERITOR SVGS BK PA | 0.0% | $97.0k | 38,645 | – | 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.