13F filing recap · Q4 2017

What did Fairholme Capital Management buy in Q4 2017?

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

$726.00M

Positions

Estimated turnover

6.4%

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.

Increased positions

JOEThe St. Joe Company$503.55Mreported value+895.0K shares+3.3%

Reduced positions

SRGSeritage Growth Properties$132.44Mreported value-493.3K shares-13.1%SHLDQSears Holdings Corporation$86.22Mreported value-4.42M shares-15.5%SHLDQSears Holdings Corporation$2.04Mreported value-809.5K shares-12.2%