Fairholme Capital Management 13F holdings, Q3 2015
Holdings as of September 30, 2015 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 22 US equity positions worth $3.5bn in its Q3 2015 13F filing. The largest position was SEARS HLDGS CORP at 17.4% of the reported book, followed by AMERICAN INTL GROUP INC and JOE. Against the Q2 2015 filing, it opened 9 new positions, added to 4 and reduced 6 among the top 22 holdings.
What did Fairholme Capital Management own in Q3 2015? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2015 |
|---|---|---|---|---|---|---|---|
| 1 | SEARS HLDGS CORP | 17.4% | $602.3m | 26,650,148 | 0% | held | |
| 2 | AMERICAN INTL GROUP INC | 15.4% | $535.6m | 23,593,673 | -3% | reduced | |
| 3 | JOE ST JOE CO | Real Estate | 13.5% | $467.8m | 24,454,440 | -1% | reduced |
| 4 | BAC BANK AMER CORP | Financial Services | 12.4% | $428.8m | 27,523,418 | -64% | reduced |
| 5 | LEUCADIA NATL CORP | 6.0% | $206.8m | 10,208,903 | -17% | reduced | |
| 6 | CNQ CANADIAN NAT RES LTD | Energy | 5.4% | $188.9m | 9,710,500 | – | new |
| 7 | C CITIGROUP INC | Financial Services | 4.3% | $149.3m | 3,010,000 | – | new |
| 8 | SERITAGE GROWTH PPTYS | 3.6% | $125.4m | 3,367,250 | – | new | |
| 9 | SEARS HLDGS CORP | 3.4% | $117.9m | 6,736,391 | 5% | added | |
| 10 | SEARS CDA INC | 3.4% | $116.7m | 17,901,955 | 11% | added | |
| 11 | IBM INTERNATIONAL BUSINESS MACHS | Technology | 3.2% | $109.4m | 754,400 | – | new |
| 12 | DNOW NOW INC | Industrials | 2.9% | $99.9m | 6,752,400 | – | new |
| 13 | BANK AMER CORP | 2.3% | $80.4m | 14,028,188 | 1% | added | |
| 14 | NATIONAL OILWELL VARCO INC | 1.8% | $62.3m | 1,653,800 | 46% | added | |
| 15 | 37M MRC GLOBAL INC | 1.7% | $59.4m | 5,331,400 | – | new | |
| 16 | LANDS END INC NEW | 1.4% | $50.3m | 1,863,327 | – | new | |
| 17 | AIG AMERICAN INTL GROUP INC | Financial Services | 1.2% | $42.2m | 742,936 | -96% | reduced |
| 18 | BRK/B BERKSHIRE HATHAWAY INC DEL | 0.5% | $18.8m | 143,892 | -6% | reduced | |
| 19 | ASA GOLD AND PRECIOUS MTLS L | 0.1% | $4.5m | 578,000 | – | new | |
| 20 | SEARS HOMETOWN & OUTLET STOR | 0.1% | $3.3m | 409,800 | – | new | |
| 21 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.0% | $586.0k | 3 | 0% | held | |
| 22 | BANK AMER CORP | 0.0% | $408.0k | 1,455,701 | 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.