Fairholme Capital Management 13F holdings, Q4 2013
Holdings as of December 31, 2013 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 45 US equity positions worth $9.7bn in its Q4 2013 13F filing. The largest position was AIG at 41.9% of the reported book, followed by BAC and SEARS HLDGS CORP. Against the Q3 2013 filing, it opened 26 new positions, added to 2 and reduced 4 among the top 45 holdings.
What did Fairholme Capital Management own in Q4 2013? Top 45 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2013 |
|---|---|---|---|---|---|---|---|
| 1 | AIG AMERICAN INTL GROUP INC | Financial Services | 41.9% | $4.1bn | 79,752,186 | -6% | reduced |
| 2 | BAC BANK OF AMERICA CORPORATION | Financial Services | 16.0% | $1.6bn | 99,742,115 | 0% | held |
| 3 | SEARS HLDGS CORP | 10.8% | $1.0bn | 21,331,673 | 3% | added | |
| 4 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 5.3% | $516.7m | 59,049,119 | – | new | |
| 5 | LEUCADIA NATL CORP | 5.2% | $508.9m | 17,957,927 | -3% | reduced | |
| 6 | AMERICAN INTL GROUP INC | 5.1% | $491.1m | 24,250,009 | -0% | held | |
| 7 | JOE ST JOE CO | Real Estate | 4.9% | $477.1m | 24,863,504 | -1% | reduced |
| 8 | FEDERAL HOME LOAN MORTGAGE CORP | 3.7% | $357.9m | 39,901,900 | – | new | |
| 9 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.9% | $90.0m | 6,339,843 | – | new | |
| 10 | BRK/B BERKSHIRE HATHAWAY INC DEL | 0.9% | $84.2m | 710,225 | -1% | reduced | |
| 11 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.8% | $78.2m | 25,990,900 | – | new | |
| 12 | BANK OF AMERICA CORPORATION | 0.7% | $64.1m | 9,904,428 | 0% | held | |
| 13 | FEDERAL HOME LOAN MORTGAGE CORP | 0.6% | $56.2m | 19,386,300 | – | new | |
| 14 | FEDERAL HOME LOAN MORTGAGE CORP | 0.4% | $40.8m | 5,799,175 | – | new | |
| 15 | FEDERAL HOME LOAN MORTGAGE CORP | 0.3% | $29.8m | 4,196,108 | – | new | |
| 16 | CHESAPEAKE ENERGY CORP | 0.3% | $25.2m | 928,000 | 17% | added | |
| 17 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.3% | $25.0m | 3,672,127 | – | new | |
| 18 | FEDERAL HOME LOAN MORTGAGE CORP | 0.2% | $23.0m | 1,699,250 | – | new | |
| 19 | WELLS FARGO & CO NEW | 0.2% | $21.3m | 1,346,665 | 0% | held | |
| 20 | FEDERAL HOME LOAN MORTGAGE CORP | 0.2% | $18.6m | 1,377,829 | – | new | |
| 21 | FEDERAL HOME LOAN MORTGAGE CORP | 0.2% | $17.9m | 1,339,572 | – | new | |
| 22 | GNW GENWORTH FINL INC | Financial Services | 0.2% | $16.6m | 1,071,500 | 0% | held |
| 23 | HARTFORD FINL SVCS GROUP INC | 0.2% | $15.2m | 553,900 | 0% | held | |
| 24 | JPMORGAN CHASE & CO | 0.2% | $14.6m | 753,300 | 0% | held | |
| 25 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.1% | $11.8m | 1,500,000 | – | new | |
| 26 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.1% | $11.1m | 1,580,000 | – | new | |
| 27 | LINCOLN NATL CORP IND | 0.1% | $8.7m | 205,810 | 0% | held | |
| 28 | FEDERAL HOME LOAN MORTGAGE CORP | 0.1% | $7.3m | 546,542 | – | new | |
| 29 | WFC WELLS FARGO & CO NEW | Financial Services | 0.1% | $6.8m | 149,600 | 0% | held |
| 30 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.0% | $3.7m | 269,500 | – | new | |
| 31 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $3.6m | 517,900 | – | new | |
| 32 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $3.1m | 447,940 | – | new | |
| 33 | C CITIGROUP INC | Financial Services | 0.0% | $2.8m | 54,560 | 0% | held |
| 34 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $2.8m | 203,000 | – | new | |
| 35 | LNC LINCOLN NATL CORP IND | Financial Services | 0.0% | $2.3m | 44,400 | 0% | held |
| 36 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $2.1m | 157,500 | – | new | |
| 37 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 0.0% | $1.9m | 52,000 | 0% | held |
| 38 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.0% | $1.1m | 6 | 0% | held | |
| 39 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $804.0k | 60,900 | – | new | |
| 40 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $594.0k | 45,000 | – | new | |
| 41 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $333.0k | 45,500 | – | new | |
| 42 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $132.0k | 9,400 | – | new | |
| 43 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $127.0k | 9,200 | – | new | |
| 44 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $107.0k | 8,400 | – | new | |
| 45 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.0% | $62.0k | 4,400 | – | new |
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.