13F filing recap · Q3 2018

What did Fairholme Capital Management buy in Q3 2018?

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

$599.31M

Positions

Estimated turnover

22.5%

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

SPBSpectrum Brands Holdings, Inc.$21.76Mreported value+291.2K shares BRK.BBerkshire Hathaway Inc$2.06Mreported value+9.6K shares

Reduced positions

JOEThe St. Joe Company$460.23Mreported value-49.7K shares-0.2%VSTOVista Outdoor Inc$63.19Mreported value-1.52M shares-30.1%VSTVistra Corp.$25.26Mreported value-22.2K shares-2.1%SHLDQSears Holdings Corporation$13.61Mreported value-3.37M shares

Exited positions

HRGHrg Group Inc.$20.33Mprior reported value-1.55M shares-100.0%SPBSpectrum Brands Holdings, Inc.$19.87Mprior reported value-243.5K shares-100.0%CCitigroup Inc$15.73Mprior reported value-235.0K shares-100.0%OAKOaktree Capital Group, LLC$7.36Mprior reported value-181.0K shares