Fairholme Capital

Q4 2019 13F · by Bruce Berkowitz, CIO

As of: Dec 31, 2019
Filed: Feb 14, 2020
US stock: $528M · prev $475M
Positions: 3 · prev 4
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves4 since the prior filing

0.0 pp in · 0.0 pp out

New 0 0.00 pp
Added 0 0.00 pp
Trimmed 3 +3.81 pp
Exited 1 −3.81 pp

The book

Very concentrated · behaves like 1 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 0.0% a year

Low
Moderate
High

Top 5 positions100% of US stock

JOE St. Joe Company trimmed+3.94 pp trimmed+3.9498.9%
BRK.B BERKSHIRE HATHAWAY Class B trimmed−0.02 pp trimmed−0.020.7%
VSTO Vista Outdoor Inc. trimmed−0.11 pp trimmed−0.110.4%

Positions3 in this filing · 1 exited


JOESt. Joe Company	98.93%	26,317,917	$522M	trimmed−0%	+3.94 pp	27 q
BRK.BBERKSHIRE HATHAWAY Class B	0.70%	16,295	$4M	trimmed−1%	−0.02 pp	4 q
VSTOVista Outdoor Inc.	0.37%	258,300	$2M	trimmed−30%	−0.11 pp	8 q
KHCThe Kraft Heinz Company	—	−647,300	—	exited	−3.81 pp	—

Source

Form: 13F-HR
Reading: 0 defects · 0 unresolved
Accession: 0000919574-20-001672
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet