Fairholme Capital Management 13F holdings, Q1 2012
Holdings as of March 31, 2012 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 13 US equity positions worth $7.0bn in its Q1 2012 13F filing. The largest position was AIG at 40.5% of the reported book, followed by SEARS HLDGS CORP and BAC. Against the Q4 2011 filing, it opened 1 new position, added to 3 and reduced 5 among the top 13 holdings.
What did Fairholme Capital Management own in Q1 2012? Top 13 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2011 |
|---|---|---|---|---|---|---|---|
| 1 | AIG AMERICAN INTL GROUP | Financial Services | 40.5% | $2.8bn | 91,464,833 | -1% | reduced |
| 2 | SEARS HLDGS CORP | 16.0% | $1.1bn | 16,813,480 | 4% | added | |
| 3 | BAC BANK OF AMERICA CORP | Financial Services | 14.1% | $984.2m | 102,838,555 | -1% | reduced |
| 4 | CIT GROUP INC | 11.0% | $763.9m | 18,522,529 | -1% | reduced | |
| 5 | LEUCADIA NATL CORP | 6.8% | $474.5m | 18,180,980 | -1% | reduced | |
| 6 | JOE ST JOE CO | Real Estate | 6.8% | $474.2m | 25,715,428 | -2% | reduced |
| 7 | AIG WARRANTS, 45.00 STRIKE, 1 WTS | 3.8% | $261.2m | 24,575,760 | 0% | held | |
| 8 | BAC WARRANTS, 13.30 STRIKE, 1 WTS | 0.7% | $45.5m | 9,783,828 | 15% | added | |
| 9 | WELLS FARGO WARRANTS, 34.01 ST WTS | 0.2% | $13.0m | 1,296,695 | 58% | added | |
| 10 | JP MORGAN WARRANTS, 42.42 STRI WTS | 0.1% | $6.5m | 484,700 | 0% | held | |
| 11 | MCY MERCURY GENERAL CORP | Financial Services | 0.0% | $3.1m | 70,900 | – | new |
| 12 | WFC WELLS FARGO & CO NEW | Financial Services | 0.0% | $1.1m | 31,400 | 0% | held |
| 13 | AGO ASSURED GUARANTY LTD | Financial Services | 0.0% | $854.0k | 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.