Fairholme Capital Management 13F holdings, Q3 2014
Holdings as of September 30, 2014 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 24 US equity positions worth $7.3bn in its Q3 2014 13F filing. The largest position was AIG at 44.9% of the reported book, followed by BAC and SEARS HLDGS CORP. Against the Q2 2014 filing, it opened 3 new positions, added to 2 and reduced 5 among the top 24 holdings.
What did Fairholme Capital Management own in Q3 2014? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2014 |
|---|---|---|---|---|---|---|---|
| 1 | AIG AMERICAN INTL GROUP INC | Financial Services | 44.9% | $3.3bn | 60,311,704 | -14% | reduced |
| 2 | BAC BANK AMER CORP | Financial Services | 22.9% | $1.7bn | 97,710,665 | -1% | reduced |
| 3 | SEARS HLDGS CORP | 8.9% | $643.5m | 25,506,273 | 3% | added | |
| 4 | AMERICAN INTL GROUP INC | 8.1% | $585.1m | 24,479,806 | -0% | held | |
| 5 | JOE ST JOE CO | Real Estate | 6.8% | $494.5m | 24,809,498 | -0% | held |
| 6 | LEUCADIA NATL CORP | 5.0% | $359.6m | 15,082,165 | -4% | reduced | |
| 7 | BANK AMER CORP | 1.3% | $92.7m | 12,358,428 | 2% | added | |
| 8 | BRK/B BERKSHIRE HATHAWAY INC DEL | 0.5% | $39.2m | 283,700 | -2% | reduced | |
| 9 | WELLS FARGO & CO NEW | 0.4% | $27.1m | 1,346,665 | 0% | held | |
| 10 | LANDS END INC NEW | 0.3% | $18.4m | 448,419 | -87% | reduced | |
| 11 | HARTFORD FINL SVCS GROUP INC | 0.2% | $16.0m | 553,900 | 0% | held | |
| 12 | JPMORGAN CHASE & CO | 0.2% | $15.1m | 753,300 | 0% | held | |
| 13 | CHESAPEAKE ENERGY CORP | 0.2% | $12.3m | 536,900 | – | new | |
| 14 | LINCOLN NATL CORP IND | 0.1% | $9.3m | 205,810 | 0% | held | |
| 15 | WFC WELLS FARGO & CO NEW | Financial Services | 0.1% | $7.8m | 149,600 | 0% | held |
| 16 | C CITIGROUP INC | Financial Services | 0.0% | $2.8m | 54,560 | 0% | held |
| 17 | LNC LINCOLN NATL CORP IND | Financial Services | 0.0% | $2.4m | 44,400 | 0% | held |
| 18 | BP BP PLC | Energy | 0.0% | $2.4m | 54,000 | – | new |
| 19 | NEW YORK CMNTY BANCORP INC | 0.0% | $2.3m | 148,000 | – | new | |
| 20 | VOD VODAFONE GROUP PLC NEW | Communication Services | 0.0% | $2.3m | 71,000 | 0% | held |
| 21 | KKR & CO L P DEL | 0.0% | $2.3m | 101,500 | 0% | held | |
| 22 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 0.0% | $1.9m | 52,000 | 0% | held |
| 23 | BANK AMER CORP | 0.0% | $1.4m | 1,455,701 | 0% | held | |
| 24 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.0% | $621.0k | 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.