Fairholme Capital Management 13F holdings, Q1 2011
Holdings as of March 31, 2011 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 22 US equity positions worth $10.8bn in its Q1 2011 13F filing. The largest position was AIG at 14.4% of the reported book, followed by SEARS HLDGS CORP and BAC. Against the Q4 2010 filing, it opened 8 new positions, added to 4 and reduced 7 among the top 22 holdings.
What did Fairholme Capital Management own in Q1 2011? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2010 |
|---|---|---|---|---|---|---|---|
| 1 | AIG AMERICAN INTL GROUP | Financial Services | 14.4% | $1.6bn | 44,198,015 | -0% | held |
| 2 | SEARS HLDGS CORP | 12.5% | $1.3bn | 16,313,973 | 9% | added | |
| 3 | BAC BANK OF AMERICA CORPORATION CO | Financial Services | 11.4% | $1.2bn | 92,648,715 | 1% | added |
| 4 | MS MORGAN STANLEY | Financial Services | 9.8% | $1.1bn | 38,891,300 | 1% | added |
| 5 | GS GOLDMAN SACHS GROUP, INC | Financial Services | 9.8% | $1.1bn | 6,702,300 | 14% | added |
| 6 | BROOKFIELD ASSET MGMT INC | 8.3% | $892.6m | 27,500,000 | – | new | |
| 7 | CIT GROUP INC | 7.8% | $845.1m | 19,862,429 | -1% | reduced | |
| 8 | LEUCADIA NATL CORP | 6.5% | $706.9m | 18,830,881 | -1% | reduced | |
| 9 | JOE ST JOE CO | Real Estate | 6.0% | $650.0m | 26,727,836 | -0% | held |
| 10 | CSCO CISCO SYS INC | Technology | 5.7% | $614.3m | 35,818,600 | – | new |
| 11 | S9Q SPIRIT AEROSYSTEMS HLDGS INC C | 2.6% | $281.1m | 10,949,900 | -37% | reduced | |
| 12 | AMERICAN INTL GROUP WTS WTS | 2.4% | $264.0m | 23,722,162 | – | new | |
| 13 | RSC HOLDINGS, INC | 1.6% | $170.4m | 11,849,700 | -19% | reduced | |
| 14 | VZ VERIZON COMMUNICATIONS INC | Communication Services | 0.2% | $20.9m | 542,700 | -93% | reduced |
| 15 | TELEFONICA S.A | 0.2% | $20.6m | 817,500 | – | new | |
| 16 | WINTHROP RLTY TR SH BEN INT NE | 0.2% | $20.1m | 1,639,948 | -34% | reduced | |
| 17 | T AT&T INC | Communication Services | 0.2% | $19.7m | 642,700 | -93% | reduced |
| 18 | RDS/A ROYAL DUTCH SHELL PLC-ADR | 0.1% | $12.7m | 174,900 | 0% | held | |
| 19 | LLY ELI LILLY & CO | Healthcare | 0.1% | $7.4m | 209,000 | – | new |
| 20 | BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 0.1% | $7.3m | 277,000 | – | new |
| 21 | GLAXOSMITHKLINE PLC | 0.1% | $7.3m | 190,000 | – | new | |
| 22 | AZN ASTRAZENECA PLC | Healthcare | 0.1% | $7.1m | 155,000 | – | 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.