13F filing recap · Q1 2002

What did Fairholme Capital Management buy in Q1 2002?

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

$550.48M

Positions

Estimated turnover

10.0%

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

GTWGateway Inc$822.0Kreported value+130.0K shares SSprint Nextel Corporation$612.0Kreported value+40.0K shares ECHOEchostar Corporation$425.0Kreported value+15.0K shares SIGISelective Insurance Group, Inc$214.0Kreported value+8.0K shares DJCODaily Journal Corporation$208.0Kreported value+7.3K shares ELNElan Corporation, Plc$139.0Kreported value+10.0K shares

Increased positions

HIHousehold International Inc$87.06Mreported value+13.5K shares+0.9%MKLMarkel Group Inc.$55.72Mreported value+31.9K shares+13.2%JZEOFJz Equity Partners Plc$4.09Mreported value+100.0K shares+5.1%HOFDHomefed Corp$2.46Mreported value+31.0K shares

Reduced positions

BRK.ABerkshire Hathaway Inc$143.55Mreported value-145 shares-6.7%BRK.BBerkshire Hathaway Inc$82.88Mreported value-3.6K shares-9.2%MCYMercury General Corp$61.40Mreported value-51.2K shares-3.7%LUKLeucadia National Corporation$50.70Mreported value-98.8K shares

Exited positions

WSCWesco Financial Corporation$3.21Mprior reported value-10.2K shares-100.0%MRKMerck & Co., Inc.$1.59Mprior reported value-27.1K shares-100.0%RLIRli Corp$1.55Mprior reported value-34.6K shares-100.0%MTBM&T Bank Corporation$1.46Mprior reported value-20.0K shares