N-PORT filing recap · November 2021

What did The Fairholme Fund buy in November 2021?

Reported stock-position changes between this filing and the previous one. These are The Fairholme Fund's own holdings, not the firm's.

Stock value

$1.14B

Positions

Estimated turnover

3.8%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Increased positions

EPDEnterprise Products Partners L.p.$31.21Mreported value+349.0K shares+31.4%CMCCommercial Metals Company$30.91Mreported value+558.7K shares+126.5%INTCIntel Corp$14.54Mreported value+170.0K shares+135.5%ETEnergy Transfer LP$5.59Mreported value+383.5K shares+137.0%KMIKinder Morgan, Inc.$4.93Mreported value+169.0K shares+112.7%

Exited positions

WESWestern Midstream Partners, LP$1.45Mprior reported value-73.6K shares-100.0%ENBEnbridge Inc.$1.38Mprior reported value-35.0K shares-100.0%WMBWilliams Companies, Inc.$666.6Kprior reported value-27.0K shares-100.0%