13F filing recap · Q3 2020

What did Fairholme Capital Management buy in Q3 2020?

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

$652.68M

Positions

Estimated turnover

6.6%

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

BACBank of America Corp$8.13Mreported value+337.4K shares TAT&T Inc.$6.54Mreported value+229.5K shares CNQCanadian Natural Resources Limited$4.65Mreported value+290.5K shares KMIKinder Morgan, Inc.$2.42Mreported value+196.6K shares ETEnergy Transfer LP$1.40Mreported value+258.3K shares AAPLApple Inc.$493.0Kreported value+4.3K shares OXYOccidental Petroleum Corporation$87.0Kreported value+29.1K shares

Increased positions

WESWestern Midstream Partners, LP$4.32Mreported value+250.0K shares+86.2%SPGSimon Property Group, Inc.$3.38Mreported value+23.2K shares+80.0%

Reduced positions

JOEThe St. Joe Company$545.55Mreported value-47.2K shares-0.2%BRK.BBerkshire Hathaway Inc$67.42Mreported value-7.7K shares-2.4%KHCKraft Heinz Co$7.98Mreported value-174.5K shares-39.6%

Exited positions

OXYOccidental Petroleum Corporation$6.00Mprior reported value-328.1K shares-100.0%