13F filing recap · Q4 2022

What did Fairholme Capital Management buy in Q4 2022?

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

$1.20B

Positions

Estimated turnover

4.2%

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

EPDEnterprise Products Partners L.p.$99.92Mreported value+260.0K shares+6.7%

Reduced positions

JOEThe St. Joe Company$938.75Mreported value-181.3K shares-0.7%CMCCommercial Metals Company$107.62Mreported value-149.6K shares-6.3%BRK.BBerkshire Hathaway Inc$19.14Mreported value-35.6K shares-36.5%CCitigroup Inc$7.80Mreported value-1.7K shares

Exited positions

KMIKinder Morgan, Inc.$5.91Mprior reported value-355.2K shares-100.0%