Fairholme Capital Management 13F holdings, Q1 2016
Holdings as of March 31, 2016 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 13 US equity positions worth $1.7bn in its Q1 2016 13F filing. The largest position was JOE at 24.8% of the reported book, followed by SEARS HLDGS CORP and AMERICAN INTL GROUP INC. Against the Q4 2015 filing, it opened 0 new positions, added to 3 and reduced 7 among the top 13 holdings.
What did Fairholme Capital Management own in Q1 2016? Top 13 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2015 |
|---|---|---|---|---|---|---|---|
| 1 | JOE ST JOE CO | Real Estate | 24.8% | $411.3m | 23,983,197 | -2% | reduced |
| 2 | SEARS HLDGS CORP | 24.6% | $407.2m | 26,598,848 | -6% | reduced | |
| 3 | AMERICAN INTL GROUP INC | 12.1% | $199.7m | 10,676,761 | -51% | reduced | |
| 4 | SERITAGE GROWTH PPTYS | 10.4% | $172.3m | 3,447,850 | 2% | added | |
| 5 | DNOW NOW INC | Industrials | 7.3% | $120.2m | 6,781,500 | -6% | reduced |
| 6 | BAC BANK AMER CORP | Financial Services | 7.0% | $115.9m | 8,571,303 | 119% | added |
| 7 | LANDS END INC NEW | 4.5% | $74.4m | 2,917,327 | -4% | reduced | |
| 8 | BANK AMER CORP | 3.9% | $65.3m | 16,795,103 | -0% | held | |
| 9 | SEARS CDA INC | 3.2% | $53.0m | 18,929,417 | 3% | added | |
| 10 | SEARS HLDGS CORP | 1.8% | $29.7m | 6,746,177 | -2% | reduced | |
| 11 | SEARS HOMETOWN & OUTLET STOR | 0.3% | $5.0m | 776,300 | 0% | held | |
| 12 | LEUCADIA NATL CORP | 0.1% | $1.1m | 66,000 | -99% | reduced | |
| 13 | BANK AMER CORP | 0.0% | $291.0k | 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.