Fairholme Capital Management 13F holdings, Q3 2011
Holdings as of September 30, 2011 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 19 US equity positions worth $6.0bn in its Q3 2011 13F filing. The largest position was AIG at 37.0% of the reported book, followed by SEARS HLDGS CORP and BAC. Against the Q2 2011 filing, it opened 7 new positions, added to 1 and reduced 8 among the top 19 holdings.
What did Fairholme Capital Management own in Q3 2011? Top 19 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2011 |
|---|---|---|---|---|---|---|---|
| 1 | AIG AMERICAN INTL GROUP | Financial Services | 37.0% | $2.2bn | 101,481,743 | -2% | reduced |
| 2 | SEARS HLDGS CORP | 15.6% | $935.9m | 16,270,692 | -1% | reduced | |
| 3 | BAC BANK OF AMERICA CORP | Financial Services | 10.7% | $642.7m | 105,012,095 | 5% | added |
| 4 | BROOKFIELD ASSET MGMT INC | 10.2% | $612.9m | 22,246,400 | -18% | reduced | |
| 5 | CIT GROUP INC | 9.8% | $588.2m | 19,368,769 | -0% | held | |
| 6 | LEUCADIA NATL CORP | 7.0% | $419.5m | 18,497,150 | -1% | reduced | |
| 7 | JOE ST JOE CO | Real Estate | 6.4% | $384.9m | 26,471,591 | -1% | reduced |
| 8 | AMERICAN INTL GROUP WTS WTS | 2.4% | $146.7m | 23,967,230 | -0% | held | |
| 9 | BANK OF AMERICA CORP. WTS WTS | 0.3% | $16.7m | 6,157,801 | – | new | |
| 10 | WINTHROP RLTY TR SH BEN INT NE | 0.1% | $8.2m | 946,648 | -29% | reduced | |
| 11 | VODAFONE GROUP PLC | 0.1% | $7.2m | 280,000 | 0% | held | |
| 12 | VZ VERIZON COMMUNICATIONS INC | Communication Services | 0.1% | $4.8m | 130,000 | – | new |
| 13 | T AT&T INC | Communication Services | 0.1% | $4.6m | 160,000 | – | new |
| 14 | RDS/A ROYAL DUTCH SHELL PLC-ADR | 0.1% | $4.3m | 70,000 | – | new | |
| 15 | TELEFONICA S.A | 0.1% | $4.2m | 220,000 | – | new | |
| 16 | WELLS FARGO & CO NEW WTS WTS | 0.1% | $3.3m | 423,251 | – | new | |
| 17 | GS GOLDMAN SACHS GROUP, INC | Financial Services | 0.0% | $2.2m | 23,000 | -100% | reduced |
| 18 | WFC WELLS FARGO & CO NEW | Financial Services | 0.0% | $757.0k | 31,400 | – | new |
| 19 | AGO ASSURED GUARANTY LTD | Financial Services | 0.0% | $568.0k | 51,700 | -96% | reduced |
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.