Fairholme Capital Management 13F holdings, Q1 2013
Holdings as of March 31, 2013 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 15 US equity positions worth $7.4bn in its Q1 2013 13F filing. The largest position was AIG at 45.3% of the reported book, followed by BAC and SEARS HLDGS CORP. Against the Q4 2012 filing, it opened 2 new positions, added to 2 and reduced 2 among the top 15 holdings.
What did Fairholme Capital Management own in Q1 2013? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2012 |
|---|---|---|---|---|---|---|---|
| 1 | AIG AMERICAN INTL GROUP | Financial Services | 45.3% | $3.3bn | 85,900,077 | 0% | held |
| 2 | BAC BANK OF AMERICA CORP | Financial Services | 16.6% | $1.2bn | 100,589,215 | 0% | held |
| 3 | SEARS HLDGS CORP | 13.2% | $974.9m | 19,508,773 | 8% | added | |
| 4 | JOE ST JOE CO | Real Estate | 7.2% | $532.0m | 25,035,855 | -0% | held |
| 5 | LEUCADIA NATL CORP | 7.0% | $514.9m | 18,770,478 | 5% | added | |
| 6 | AIG WARRANTS, 45.00 STRIKE, 1 | 5.0% | $369.6m | 24,315,718 | -0% | held | |
| 7 | CHESAPEAKE ENERGY CORP | 3.7% | $273.0m | 13,373,700 | – | new | |
| 8 | BAC WARRANTS, 13.30 STRIKE, 1 | 0.8% | $56.5m | 9,904,428 | 0% | held | |
| 9 | CNQ CANADIAN NAT RES LTD | Energy | 0.5% | $35.4m | 1,101,800 | – | new |
| 10 | WELLS FARGO WARRANTS, 34.01 ST | 0.2% | $16.1m | 1,346,665 | -2% | reduced | |
| 11 | JP MORGAN WARRANTS, 42.42 STRI | 0.1% | $10.7m | 753,300 | 0% | held | |
| 12 | HARTFORD WARRANTS, 9.579 STRIK | 0.1% | $9.0m | 524,400 | 0% | held | |
| 13 | WFC WELLS FARGO & CO NEW | Financial Services | 0.1% | $5.6m | 151,400 | -25% | reduced |
| 14 | LINCOLN NATIONAL CORP., 10.636 | 0.1% | $4.2m | 181,610 | 0% | held | |
| 15 | AGO ASSURED GUARANTY LTD | Financial Services | 0.0% | $1.1m | 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.