13F filing recap · Q3 2010

What did Fairholme Capital Management buy in Q3 2010?

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

$11.23B

Positions

Estimated turnover

27.3%

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

GEGeneral Electric Company$233.91Mreported value+14.39M shares

Increased positions

AIGAmerican International Group, Inc.$1.29Breported value+120.5K shares+0.4%SHLDQSears Holdings Corporation$1.06Breported value+624.5K shares+4.4%CCitigroup Inc$941.51Mreported value+4.09M shares+1.7%BACBank of America Corp$926.59Mreported value+16.59M shares

Reduced positions

JOEThe St. Joe Company$665.84Mreported value-26.3K shares-0.1%ACFGeneral Motors Financial Co Inc$606.74Mreported value-6.7K shares-0.0%RFRegions Financial Corporation$521.45Mreported value-185.8K shares-0.3%LUKLeucadia National Corporation$455.16Mreported value-442.3K shares

Exited positions

AIGAmerican International Group, Inc.$287.00Mprior reported value-29.90M shares-100.0%HTZHertz Global Holdings Inc$273.64Mprior reported value-28.93M shares-100.0%BPBp Plc$272.51Mprior reported value-9.44M shares-100.0%CMCSKComcast Corporation$267.71Mprior reported value-16.29M shares