13F filing recap · Q3 2001

What did Fairholme Capital Management buy in Q3 2001?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Fairholme account, including accounts that belong to no fund below.

Stock value

$569.34M

Positions

Estimated turnover

10.6%

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.

New positions

GAPGap, Inc$1.23Mreported value+103.0K shares PCLPlum Creek Timber Co Inc$339.0Kreported value+12.7K shares

Increased positions

HIHousehold International Inc$104.15Mreported value+37.4K shares+2.1%BRK.BBerkshire Hathaway Inc$90.86Mreported value+526 shares+1.4%MKLMarkel Group Inc.$39.59Mreported value+31.2K shares+18.2%LUKLeucadia National Corporation$30.77Mreported value+262.6K shares

Reduced positions

BRK.ABerkshire Hathaway Inc$153.65Mreported value-17 shares-0.8%MCYMercury General Corp$62.61Mreported value-36.7K shares-2.3%WFCWells Fargo & Company/mn$6.37Mreported value-100 shares-0.1%YAlleghany Corporation$4.19Mreported value-2.3K shares

Exited positions

FNFFidelity National Financial, Inc.$3.39Mprior reported value-137.8K shares-100.0%AFAstoria Financial Corporation$273.0Kprior reported value-5.0K shares-100.0%SKTTanger Inc$258.0Kprior reported value-11.2K shares-100.0%FFAFranchise Finance Corporation of America$231.0Kprior reported value