0001056831-12-000001.txt : 20120214 0001056831-12-000001.hdr.sgml : 20120214 20120214160819 ACCESSION NUMBER: 0001056831-12-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120214 EFFECTIVENESS DATE: 20120214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FAIRHOLME CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001056831 IRS NUMBER: 223526594 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06994 FILM NUMBER: 12609753 BUSINESS ADDRESS: STREET 1: 4400 BISCAYNE BOULEVARD STREET 2: 9TH FLOOR CITY: MIAMI STATE: FL ZIP: 33137 BUSINESS PHONE: 305-358-3000 MAIL ADDRESS: STREET 1: 4400 BISCAYNE BOULEVARD STREET 2: 9TH FLOOR CITY: MIAMI STATE: FL ZIP: 33137 13F-HR 1 submission.txt 13F4Q2011 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Fairholme Capital Management, L.L.C. Address: 4400 Biscayne Blvd, 9th Floor Miami, FL 33137 Form 13F File Number: 28-6994 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Paul R. Thomson Title: Chief Compliance Officer Phone: 305-358-3000 Signature, Place, and Date of Signing: /s/Paul R. Thomson Miami, FL 02-14-12 --------------------- ------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one.): [x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28-______________ _______________________________ [Repeat as necessary. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: Form 13F Information Table Entry Total: 19 Form 13F Information Table Value Total: $6,113,503 ----------- (thousands) List of Other Included Managers: NONE Profice a numbered list of the names(s) and Form 13F file numbers(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AMERICAN INTL GROUP COM COM 026874784 2135434 92044583.00 SH Sole 89138907.00 2905676.00 ASSURED GUARANTY LTD. COM G0585R106 679 51700.00 SH Sole 51700.00 BANK OF AMERICA CORP. COM COM 060505104 579696 104261795.00 SH Sole 91552815.00 12708980.00 BERKSHIRE HATHAWAY INC DEL CL COM 084670108 461545 4022.00 SH Sole 4016.00 6.00 BERKSHIRE HATHAWAY INC DEL CL COM 084670702 208310 2730141.00 SH Sole 1828050.00 902091.00 CIT GROUP INC. COM 125581801 649163 18616669.00 SH Sole 17447629.00 1169040.00 CITIGROUP INC COM COM 172967424 55517 2110093.00 SH Sole 173270.00 1936823.00 GOLDMAN SACHS GROUP, INC. COM 38141G104 1926 21300.00 SH Sole 10500.00 10800.00 JEFFERIES GROUP INC. COM 472319102 17604 1280300.00 SH Sole 1119400.00 160900.00 LEUCADIA NATL CORP COM COM 527288104 415654 18278538.00 SH Sole 15282897.00 2995641.00 MBIA INC COM COM 55262c100 539297 46531244.00 SH Sole 36458200.00 10073044.00 REGIONS FINANCIAL CORP COM 7591EP100 90 20900.00 SH Sole 20900.00 SEARS HLDGS CORP COM COM 812350106 511928 16108492.00 SH Sole 15359773.00 748719.00 ST JOE CO COM COM 790148100 372348 26184846.00 SH Sole 24625602.00 1559244.00 WELLS FARGO & CO NEW COM COM 949746101 865 31400.00 SH Sole 31400.00 AIG WARRANTS, 45.00 STRIKE WTS 026874156 135154 24528959.00 SH Sole 23627943.00 901016.00 BAC WARRANTS, 13.30 STRIKE WTS 060505146 17151 8490728.00 SH Sole 8490728.00 JP MORGAN WARRANTS, 42.42 STRI WTS 46634E114 4120 484700.00 SH Sole 484700.00 WELLS FARGO WARRANTS, 34.01 ST WTS 949746119 7022 818445.00 SH Sole 818445.00