Fairholme Capital Management 13F holdings, Q1 2018
Holdings as of March 31, 2018 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 10 US equity positions worth $700.6m in its Q1 2018 13F filing. The largest position was JOE at 73.9% of the reported book, followed by SERITAGE GROWTH PPTYS and SEARS HLDGS CORP. Against the Q4 2017 filing, it opened 5 new positions, added to 0 and reduced 4 among the top 10 holdings.
What did Fairholme Capital Management own in Q1 2018? Top 10 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2017 |
|---|---|---|---|---|---|---|---|
| 1 | JOE ST JOE CO | Real Estate | 73.9% | $518.0m | 27,481,780 | -1% | reduced |
| 2 | SERITAGE GROWTH PPTYS | 8.1% | $56.7m | 1,595,000 | -51% | reduced | |
| 3 | SEARS HLDGS CORP | 6.7% | $46.7m | 17,499,797 | -27% | reduced | |
| 4 | VISTA OUTDOOR INC | 6.5% | $45.5m | 2,789,700 | – | new | |
| 5 | VST VISTRA ENERGY CORP | Utilities | 3.1% | $21.6m | 1,039,000 | – | new |
| 6 | OAK OAKTREE CAP GROUP LLC | 0.5% | $3.3m | 84,000 | – | new | |
| 7 | T AT&T INC | Communication Services | 0.4% | $2.9m | 80,000 | – | new |
| 8 | CLIPPER RLTY INC | 0.3% | $2.4m | 280,000 | – | new | |
| 9 | SEARS HLDGS CORP | 0.3% | $2.0m | 5,578,747 | -4% | reduced | |
| 10 | LEUCADIA NATL CORP | 0.2% | $1.5m | 66,000 | 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.