Fairholme Capital Management 13F holdings, Q1 2014
Holdings as of March 31, 2014 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 47 US equity positions worth $9.9bn in its Q1 2014 13F filing. The largest position was AIG at 38.2% of the reported book, followed by BAC and SEARS HLDGS CORP. Against the Q4 2013 filing, it opened 2 new positions, added to 3 and reduced 8 among the top 47 holdings.
What did Fairholme Capital Management own in Q1 2014? Top 47 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2013 |
|---|---|---|---|---|---|---|---|
| 1 | AIG AMERICAN INTL GROUP INC | Financial Services | 38.2% | $3.8bn | 75,681,614 | -5% | reduced |
| 2 | BAC BANK OF AMERICA CORPORATION | Financial Services | 17.2% | $1.7bn | 98,942,515 | -1% | reduced |
| 3 | SEARS HLDGS CORP | 11.8% | $1.2bn | 24,502,323 | 15% | added | |
| 4 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 6.3% | $618.8m | 59,041,819 | -0% | held | |
| 5 | AMERICAN INTL GROUP INC | 5.1% | $500.7m | 24,495,221 | 1% | added | |
| 6 | JOE ST JOE CO | Real Estate | 4.8% | $478.3m | 24,847,204 | -0% | held |
| 7 | LEUCADIA NATL CORP | 4.5% | $449.0m | 16,034,558 | -11% | reduced | |
| 8 | FEDERAL HOME LOAN MORTGAGE CORP | 4.4% | $438.9m | 39,901,900 | 0% | held | |
| 9 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 1.2% | $118.6m | 6,339,843 | 0% | held | |
| 10 | BANK OF AMERICA CORPORATION | 0.9% | $86.5m | 10,519,328 | 6% | added | |
| 11 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.8% | $74.7m | 19,162,900 | -26% | reduced | |
| 12 | FEDERAL HOME LOAN MORTGAGE CORP | 0.7% | $66.3m | 17,180,600 | -11% | reduced | |
| 13 | FEDERAL HOME LOAN MORTGAGE CORP | 0.5% | $52.2m | 5,799,175 | 0% | held | |
| 14 | FEDERAL HOME LOAN MORTGAGE CORP | 0.4% | $39.0m | 4,196,108 | 0% | held | |
| 15 | BRK/B BERKSHIRE HATHAWAY INC DEL | 0.4% | $36.1m | 288,925 | -59% | reduced | |
| 16 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.3% | $30.9m | 3,672,127 | 0% | held | |
| 17 | FEDERAL HOME LOAN MORTGAGE CORP | 0.3% | $28.7m | 1,699,250 | 0% | held | |
| 18 | WELLS FARGO & CO NEW | 0.3% | $25.1m | 1,346,665 | 0% | held | |
| 19 | FEDERAL HOME LOAN MORTGAGE CORP | 0.2% | $23.6m | 1,339,572 | 0% | held | |
| 20 | FEDERAL HOME LOAN MORTGAGE CORP | 0.2% | $23.1m | 1,377,829 | 0% | held | |
| 21 | GNW GENWORTH FINL INC | Financial Services | 0.2% | $19.0m | 1,071,500 | 0% | held |
| 22 | JPMORGAN CHASE & CO | 0.2% | $15.2m | 753,300 | 0% | held | |
| 23 | HARTFORD FINL SVCS GROUP INC | 0.1% | $14.8m | 553,900 | 0% | held | |
| 24 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.1% | $14.1m | 1,580,000 | 0% | held | |
| 25 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.1% | $14.0m | 1,500,000 | 0% | held | |
| 26 | CHESAPEAKE ENERGY CORP | 0.1% | $13.7m | 536,300 | -42% | reduced | |
| 27 | FEDERAL HOME LOAN MORTGAGE CORP | 0.1% | $9.2m | 546,542 | 0% | held | |
| 28 | LINCOLN NATL CORP IND | 0.1% | $8.5m | 205,810 | 0% | held | |
| 29 | WFC WELLS FARGO & CO NEW | Financial Services | 0.1% | $7.4m | 149,600 | 0% | held |
| 30 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.0% | $4.6m | 269,500 | 0% | held | |
| 31 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $4.4m | 517,900 | 0% | held | |
| 32 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $4.1m | 447,940 | 0% | held | |
| 33 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $3.5m | 203,000 | 0% | held | |
| 34 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $2.8m | 157,500 | 0% | held | |
| 35 | C CITIGROUP INC | Financial Services | 0.0% | $2.6m | 54,560 | 0% | held |
| 36 | VOD VODAFONE GROUP PLC NEW | Communication Services | 0.0% | $2.4m | 66,000 | – | new |
| 37 | T AT&T INC | Communication Services | 0.0% | $2.4m | 68,500 | – | new |
| 38 | LNC LINCOLN NATL CORP IND | Financial Services | 0.0% | $2.2m | 44,400 | 0% | held |
| 39 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 0.0% | $1.8m | 52,000 | 0% | held |
| 40 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $1.1m | 60,900 | 0% | held | |
| 41 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $785.0k | 45,000 | 0% | held | |
| 42 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.0% | $562.0k | 3 | -50% | reduced | |
| 43 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $423.0k | 45,500 | 0% | held | |
| 44 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $169.0k | 9,400 | 0% | held | |
| 45 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $166.0k | 9,200 | 0% | held | |
| 46 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $151.0k | 8,400 | 0% | held | |
| 47 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.0% | $79.0k | 4,400 | 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.