Fairholme Capital Management 13F holdings, Q4 2010
Holdings as of December 31, 2010 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 17 US equity positions worth $12.2bn in its Q4 2010 13F filing. The largest position was AIG at 20.8% of the reported book, followed by GENERAL GROWTH PROPERTIES, INC and BAC. Against the Q3 2010 filing, it opened 4 new positions, added to 6 and reduced 6 among the top 17 holdings.
What did Fairholme Capital Management own in Q4 2010? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2010 |
|---|---|---|---|---|---|---|---|
| 1 | AIG AMERICAN INTL GROUP | Financial Services | 20.8% | $2.6bn | 44,285,986 | 35% | added |
| 2 | GENERAL GROWTH PROPERTIES, INC | 14.4% | $1.8bn | 113,600,256 | – | new | |
| 3 | BAC BANK OF AMERICA CORPORATION CO | Financial Services | 10.0% | $1.2bn | 92,139,515 | 30% | added |
| 4 | SEARS HLDGS CORP | 9.0% | $1.1bn | 14,917,873 | 2% | added | |
| 5 | MS MORGAN STANLEY | Financial Services | 8.6% | $1.0bn | 38,582,400 | 6% | added |
| 6 | GS GOLDMAN SACHS GROUP, INC | Financial Services | 8.1% | $990.3m | 5,888,900 | -2% | reduced |
| 7 | CIT GROUP INC | 7.7% | $941.8m | 19,996,529 | 29% | added | |
| 8 | JOE ST JOE CO | Real Estate | 4.8% | $585.3m | 26,788,120 | 0% | held |
| 9 | LEUCADIA NATL CORP | 4.5% | $554.7m | 19,007,921 | -1% | reduced | |
| 10 | S9Q SPIRIT AEROSYSTEMS HLDGS INC C | 3.0% | $361.5m | 17,373,700 | -11% | reduced | |
| 11 | GE GENERAL ELECTRIC CORP | Industrials | 2.4% | $291.8m | 15,953,000 | 11% | added |
| 12 | T AT&T INC | Communication Services | 2.2% | $275.6m | 9,380,700 | – | new |
| 13 | VZ VERIZON COMMUNICATIONS INC | Communication Services | 2.2% | $264.9m | 7,402,400 | – | new |
| 14 | RSC HOLDINGS, INC | 1.2% | $142.6m | 14,638,600 | -3% | reduced | |
| 15 | WELLCARE HEALTH PLANS INC | 0.9% | $107.9m | 3,569,800 | -39% | reduced | |
| 16 | WINTHROP REALTY TRUST | 0.3% | $31.9m | 2,491,848 | -30% | reduced | |
| 17 | RDS/A ROYAL DUTCH SHELL PLC-ADR | 0.1% | $11.7m | 174,900 | – | 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.