13F filing recap · Q4 2001

What did Fairholme Capital Management buy in Q4 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

$581.71M

Positions

Estimated turnover

12.4%

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

OHPOxford Health Plans, Inc.$1.13Mreported value+37.5K shares CCP-AChevy Chase Preferred Capital Corp$308.0Kreported value+12.3K shares

Increased positions

LUKLeucadia National Corporation$43.79Mreported value+530.9K shares+53.8%MKLMarkel Group Inc.$43.46Mreported value+38.9K shares+19.2%WTMWhite Mountains Insurance Group, Ltd$30.99Mreported value+2.0K shares+2.2%JZEOFJz Equity Partners Plc$4.13Mreported value+100.0K shares

Reduced positions

BRK.ABerkshire Hathaway Inc$163.60Mreported value-31 shares-1.4%BRK.BBerkshire Hathaway Inc$97.32Mreported value-457 shares-1.2%HIHousehold International Inc$88.02Mreported value-328.1K shares-17.8%MCYMercury General Corp$59.88Mreported value-205.4K shares

Exited positions

NYVTXDavis New York Venture Fund$739.0Kprior reported value-32.3K shares-100.0%PCLPlum Creek Timber Co Inc$339.0Kprior reported value-12.7K shares-100.0%PMCPmc Capital, Inc.$103.0Kprior reported value-13.0K shares-100.0%ENNEquity Inns Inc$90.0Kprior reported value-12.5K shares