Fairholme Capital Management 13F holdings, Q2 2014
Holdings as of June 30, 2014 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 55 US equity positions worth $9.9bn in its Q2 2014 13F filing. The largest position was AIG at 38.3% of the reported book, followed by BAC and SEARS HLDGS CORP. Against the Q1 2014 filing, it opened 9 new positions, added to 5 and reduced 3 among the top 50 holdings.
What did Fairholme Capital Management own in Q2 2014? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2014 |
|---|---|---|---|---|---|---|---|
| 1 | AIG AMERICAN INTL GROUP INC | Financial Services | 38.3% | $3.8bn | 69,810,314 | -8% | reduced |
| 2 | BAC BANK OF AMERICA CORPORATION | Financial Services | 15.2% | $1.5bn | 98,432,215 | -1% | reduced |
| 3 | SEARS HLDGS CORP | 9.9% | $985.9m | 24,672,823 | 1% | added | |
| 4 | AMERICAN INTL GROUP INC | 6.6% | $651.4m | 24,488,935 | -0% | held | |
| 5 | JOE ST JOE CO | Real Estate | 6.4% | $631.6m | 24,836,898 | -0% | held |
| 6 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 6.1% | $610.9m | 59,023,319 | -0% | held | |
| 7 | FEDERAL HOME LOAN MORTGAGE CORP | 4.4% | $435.3m | 39,901,900 | 0% | held | |
| 8 | LEUCADIA NATL CORP | 4.1% | $412.1m | 15,715,357 | -2% | reduced | |
| 9 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 1.2% | $117.3m | 6,339,843 | 0% | held | |
| 10 | LANDS END INC NEW | 1.1% | $112.9m | 3,362,757 | – | new | |
| 11 | BANK OF AMERICA CORPORATION | 0.8% | $83.9m | 12,158,028 | 16% | added | |
| 12 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.8% | $80.7m | 20,645,300 | 8% | added | |
| 13 | FEDERAL HOME LOAN MORTGAGE CORP | 0.7% | $73.8m | 19,110,900 | 11% | added | |
| 14 | FEDERAL HOME LOAN MORTGAGE CORP | 0.5% | $54.3m | 5,799,175 | 0% | held | |
| 15 | FEDERAL HOME LOAN MORTGAGE CORP | 0.4% | $39.0m | 4,196,108 | 0% | held | |
| 16 | BRK/B BERKSHIRE HATHAWAY INC DEL | 0.4% | $36.5m | 288,625 | -0% | held | |
| 17 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.3% | $31.9m | 3,672,127 | 0% | held | |
| 18 | WELLS FARGO & CO NEW | 0.3% | $28.9m | 1,346,665 | 0% | held | |
| 19 | FEDERAL HOME LOAN MORTGAGE CORP | 0.3% | $28.5m | 1,699,250 | 0% | held | |
| 20 | FEDERAL HOME LOAN MORTGAGE CORP | 0.2% | $23.8m | 1,339,572 | 0% | held | |
| 21 | FEDERAL HOME LOAN MORTGAGE CORP | 0.2% | $23.1m | 1,377,829 | 0% | held | |
| 22 | GNW GENWORTH FINL INC | Financial Services | 0.2% | $18.6m | 1,071,500 | 0% | held |
| 23 | HARTFORD FINL SVCS GROUP INC | 0.2% | $15.1m | 553,900 | 0% | held | |
| 24 | JPMORGAN CHASE & CO | 0.1% | $14.6m | 753,300 | 0% | held | |
| 25 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.1% | $14.4m | 1,580,000 | 0% | held | |
| 26 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.1% | $14.0m | 1,500,000 | 0% | held | |
| 27 | FEDERAL HOME LOAN MORTGAGE CORP | 0.1% | $9.2m | 546,542 | 0% | held | |
| 28 | LINCOLN NATL CORP IND | 0.1% | $8.7m | 205,810 | 0% | held | |
| 29 | WFC WELLS FARGO & CO NEW | Financial Services | 0.1% | $7.9m | 149,600 | 0% | held |
| 30 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $4.9m | 517,900 | 0% | held | |
| 31 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | 0.0% | $4.7m | 269,500 | 0% | held | |
| 32 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $4.2m | 447,940 | 0% | held | |
| 33 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $3.6m | 203,000 | 0% | held | |
| 34 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $2.8m | 157,500 | 0% | held | |
| 35 | REYNOLDS AMERICAN INC | 0.0% | $2.7m | 44,300 | – | new | |
| 36 | MO ALTRIA GROUP INC | Consumer Defensive | 0.0% | $2.6m | 62,000 | – | new |
| 37 | C CITIGROUP INC | Financial Services | 0.0% | $2.6m | 54,560 | 0% | held |
| 38 | RIG TRANSOCEAN LTD | Energy | 0.0% | $2.5m | 56,500 | – | new |
| 39 | MCY MERCURY GENL CORP NEW | Financial Services | 0.0% | $2.5m | 53,600 | – | new |
| 40 | KKR & CO L P DEL | 0.0% | $2.5m | 101,500 | – | new | |
| 41 | DIAMOND OFFSHORE DRILLING IN | 0.0% | $2.4m | 49,000 | – | new | |
| 42 | T AT&T INC | Communication Services | 0.0% | $2.4m | 68,500 | 0% | held |
| 43 | OAK OAKTREE CAP GROUP LLC | 0.0% | $2.4m | 48,000 | – | new | |
| 44 | VOD VODAFONE GROUP PLC NEW | Communication Services | 0.0% | $2.4m | 71,000 | 8% | added |
| 45 | LNC LINCOLN NATL CORP IND | Financial Services | 0.0% | $2.3m | 44,400 | 0% | held |
| 46 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 0.0% | $1.9m | 52,000 | 0% | held |
| 47 | BANK OF AMERICA CORPORATION | 0.0% | $1.1m | 1,455,701 | – | new | |
| 48 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $1.1m | 60,900 | 0% | held | |
| 49 | FEDERAL HOME LOAN MORTGAGE CORP | 0.0% | $831.0k | 45,000 | 0% | held | |
| 50 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.0% | $570.0k | 3 | 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.