Fairholme Capital Management 13F holdings, Q3 2012
Holdings as of September 30, 2012 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 15 US equity positions worth $6.4bn in its Q3 2012 13F filing. The largest position was AIG at 44.1% of the reported book, followed by SEARS HLDGS CORP and BAC. Against the Q2 2012 filing, it opened 2 new positions, added to 7 and reduced 3 among the top 15 holdings.
What did Fairholme Capital Management own in Q3 2012? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2012 |
|---|---|---|---|---|---|---|---|
| 1 | AIG AMERICAN INTL GROUP | Financial Services | 44.1% | $2.8bn | 86,545,718 | -2% | reduced |
| 2 | SEARS HLDGS CORP | 14.6% | $939.7m | 16,934,080 | 1% | added | |
| 3 | BAC BANK OF AMERICA CORP | Financial Services | 14.0% | $902.6m | 102,215,255 | 1% | added |
| 4 | JOE ST JOE CO | Real Estate | 7.7% | $494.4m | 25,351,628 | -1% | reduced |
| 5 | CIT GROUP INC | 6.8% | $439.3m | 11,153,729 | -21% | reduced | |
| 6 | LEUCADIA NATL CORP | 6.5% | $415.0m | 18,240,088 | 0% | held | |
| 7 | AIG WARRANTS, 45.00 STRIKE, 1 WTS | 5.1% | $329.5m | 24,501,735 | -0% | held | |
| 8 | BAC WARRANTS, 13.30 STRIKE, 1 WTS | 0.5% | $34.9m | 9,886,128 | 1% | added | |
| 9 | WELLS FARGO WARRANTS, 34.01 ST WTS | 0.2% | $13.6m | 1,377,965 | 4% | added | |
| 10 | JP MORGAN WARRANTS, 42.42 STRI WTS | 0.1% | $7.9m | 765,000 | 58% | added | |
| 11 | WFC WELLS FARGO & CO NEW | Financial Services | 0.1% | $7.0m | 201,900 | 543% | added |
| 12 | HARTFORD WARRANTS, 9.622 STRIK WTS | 0.1% | $5.9m | 524,400 | 356% | added | |
| 13 | LINCOLN NATIONAL CORP., 10.715 WTS | 0.0% | $2.9m | 181,610 | – | new | |
| 14 | GM GENERAL MOTORS CO, 18.33 STRIK WTS | 0.0% | $1.9m | 232,700 | – | new | |
| 15 | AGO ASSURED GUARANTY LTD | Financial Services | 0.0% | $704.0k | 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.