0001056831-12-000002.txt : 20120515
0001056831-12-000002.hdr.sgml : 20120515
20120515161652
ACCESSION NUMBER: 0001056831-12-000002
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120331
FILED AS OF DATE: 20120515
DATE AS OF CHANGE: 20120515
EFFECTIVENESS DATE: 20120515
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: 12844914
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
13F1Q2012
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2012
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: Bruce R. Berkowitz
Title: Managing Member
Phone: 305-358-3000
Signature, Place, and Date of Signing:
/s/Bruce R. Berkowitz Miami, FL 05-15-12
--------------------- ------------- ----------
[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: 20
Form 13F Information Table Value Total: $7,765,660
-----------
(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 2819861 91464833.00 SH Sole 88579707.00 2885126.00
ASSURED GUARANTY LTD. COM G0585R106 854 51700.00 SH Sole 51700.00
BANK OF AMERICA CORP. COM 060505104 984165 102838555.00 SH Sole 90312015.00 12526540.00
BERKSHIRE HATHAWAY INC DEL CLA COM 084670108 191749 1573.00 SH Sole 1567.00 6.00
BERKSHIRE HATHAWAY INC DEL CLB COM 084670702 78474 967019.00 SH Sole 91900.00 875119.00
CIT GROUP INC. COM 125581801 763869 18522529.00 SH Sole 17379429.00 1143100.00
CITIGROUP INC COM COM 172967424 14598 399400.00 SH Sole 113870.00 285530.00
JEFFERIES GROUP INC. COM 472319102 50817 2697300.00 SH Sole 1149300.00 1548000.00
LEUCADIA NATL CORP COM COM 527288104 474524 18180980.00 SH Sole 15238797.00 2942183.00
MBIA INC COM COM 55262c100 453303 46255370.00 SH Sole 36317700.00 9937670.00
MERCURY GENERAL CORP COM 589400100 3101 70900.00 SH Sole 70900.00
ORCHARD SUPPLY HARDWARE STORES COM 685691404 14792 716322.00 SH Sole 683432.00 32890.00
REGIONS FINANCIAL CORP COM 7591EP100 138 20900.00 SH Sole 20900.00
SEARS HLDGS CORP COM COM 812350106 1113893 16813480.00 SH Sole 15490373.00 1323107.00
ST JOE CO COM COM 790148100 474185 25715428.00 SH Sole 24181002.00 1534426.00
WELLS FARGO & CO NEW COM COM 949746101 1072 31400.00 SH Sole 31400.00
AIG WARRANTS, 45.00 STRIKE, 1 WTS 026874156 261240 24575760.00 SH Sole 23627943.00 947817.00
BAC WARRANTS, 13.30 STRIKE, 1 WTS 060505146 45495 9783828.00 SH Sole 8490728.00 1293100.00
JP MORGAN WARRANTS, 42.42 STRI WTS 46634E114 6485 484700.00 SH Sole 484700.00
WELLS FARGO WARRANTS, 34.01 ST WTS 949746119 13045 1296695.00 SH Sole 1280495.00 16200.00