Fairholme Capital Management 13F holdings, Q4 2011
Holdings as of December 31, 2011 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 13 US equity positions worth $4.8bn in its Q4 2011 13F filing. The largest position was AIG at 44.2% of the reported book, followed by CIT GROUP INC and BAC. Against the Q3 2011 filing, it opened 1 new position, added to 3 and reduced 7 among the top 13 holdings.
What did Fairholme Capital Management own in Q4 2011? Top 13 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2011 |
|---|---|---|---|---|---|---|---|
| 1 | AIG AMERICAN INTL GROUP | Financial Services | 44.2% | $2.1bn | 92,044,583 | -9% | reduced |
| 2 | CIT GROUP INC | 13.4% | $649.2m | 18,616,669 | -4% | reduced | |
| 3 | BAC BANK OF AMERICA CORP | Financial Services | 12.0% | $579.7m | 104,261,795 | -1% | reduced |
| 4 | SEARS HLDGS CORP | 10.6% | $511.9m | 16,108,492 | -1% | reduced | |
| 5 | LEUCADIA NATL CORP | 8.6% | $415.7m | 18,278,538 | -1% | reduced | |
| 6 | JOE ST JOE CO | Real Estate | 7.7% | $372.3m | 26,184,846 | -1% | reduced |
| 7 | AIG WARRANTS, 45.00 STRIKE WTS | 2.8% | $135.2m | 24,528,959 | 2% | added | |
| 8 | BAC WARRANTS, 13.30 STRIKE WTS | 0.4% | $17.2m | 8,490,728 | 38% | added | |
| 9 | WELLS FARGO WARRANTS, 34.01 ST WTS | 0.1% | $7.0m | 818,445 | 93% | added | |
| 10 | JP MORGAN WARRANTS, 42.42 STRI WTS | 0.1% | $4.1m | 484,700 | – | new | |
| 11 | GS GOLDMAN SACHS GROUP, INC | Financial Services | 0.0% | $1.9m | 21,300 | -7% | reduced |
| 12 | WFC WELLS FARGO & CO NEW | Financial Services | 0.0% | $865.0k | 31,400 | 0% | held |
| 13 | AGO ASSURED GUARANTY LTD | Financial Services | 0.0% | $679.0k | 51,700 | 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.