Enlightened American: Bruce Berkowitz (Fairholme) Q1 2008 13F-HR Filing
Quarter Ending 03/31/2008 Back to the Enlightened American Website
Bruce Berkowitz (Fairholme Capital)
*****  NEW POSITIONS TAKEN
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
AMERICREDIT CORP COM 12,975,400 $10.07 $130,662,000
BRISTOL MYERS SQUIBB 8,672,100 $21.30 $184,716,000
ECHOSTAR CORP CL A 5,789,560 $29.54 $171,024,000
GLAXOSMITHKLINE PLC SPONSORED 2,384,700 $42.43 $101,183,000
HEALTH NET INC 2,384,800 $30.80 $73,452,000
MERITOR SVGS BK PA COM 43,645 $3.94 $172,000
MYLAN INC COM 14,622,100 $11.60 $169,616,000
UNITED RENTALS INC COM 4,494,800 $18.84 $84,682,000
WELLPOINT INC 11,015,800 $44.13 $486,127,000
SEARS HOLDING CLL OPT 80 354,000 $112.94 $39,981,000
CANADIAN NATUR CLL OPT 50 283,800 $46.46 $13,185,000
WELL POINT CLL OPT 40 150,000 $48.36 $7,254,000
*****  SOLD OFF
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
CITIGROUP 8,166 $29.39 $240,000
EASTMAN CHEM CO COM 114,402 $61.09 $6,989,000
PROGRESSIVE CORP OHIO 4,160,200 $19.16 $79,709,000
SAFETY INS GROUP INC COM 28,500 $36.63 $1,044,000
*****  HOLD POSITIONS
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
0.00% -36.56% CALUMET SPEC PROD PTNR UT LTD 43,300 43,300 $23.49 $37.02 $1,017,000 $1,603,000
0.00% -11.43% DUKE ENERGY CORP COM 43,400 43,400 $17.86 $20.16 $775,000 $875,000
0.00% -14.60% GYRODYNE CO AMER INC COM 11,026 11,026 $39.27 $45.98 $433,000 $507,000
0.00% -1.69% HSBC HLDGS PLC SPON ADR NEW 18,419 18,419 $82.31 $83.72 $1,516,000 $1,542,000
0.00% -10.33% MARKEL CORP 750 750 $440.00 $490.67 $330,000 $368,000
0.00% -11.05% MERCURY GENL CORP NEW 72,150 72,150 $44.31 $49.81 $3,197,000 $3,594,000
0.00% -11.79% SPECTRA ENERGY CORP COM 21,700 21,700 $22.76 $25.81 $494,000 $560,000
0.00% 3.51% TAL INTERNATIONAL GROUP INC 2,760,997 2,760,997 $23.57 $22.77 $65,077,000 $62,868,000
0.00% -6.62% WHITE MTNS INS GROUP LTD 21,322 21,322 $480.02 $514.07 $10,235,000 $10,961,000
*****  AUGMENTED POSITIONS
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
10.04% -23.83% 2,197,780 DISH NETWORK CORP CL A 24,095,822 21,898,042 $28.73 $37.72 $692,273,000 $825,994,000
17.98% -57.72% 403,000 IDT CORP 2,644,300 2,241,300 $3.34 $7.90 $8,832,000 $17,706,000
17.67% -3.99% 1,561,011 LEUCADIA NATL CORP COM 10,394,003 8,832,992 $45.22 $47.10 $470,017,000 $416,034,000
11.76% -3.75% 649,400 MOHAWK INDS INC COM 6,169,421 5,520,021 $71.61 $74.40 $441,792,000 $410,690,000
2837.31% -14.36% 380,200 MUELLER WTR PRODS INC COM SER 393,600 13,400 $8.18 $9.55 $3,220,000 $128,000
4.99% -20.96% 617,200 MUELLER WTR PRODS INC COM SER 12,975,500 12,358,300 $7.88 $9.97 $102,247,000 $123,212,000
257.27% 20.90% 9,272,600 ST JOE CO COM 12,876,800 3,604,200 $42.93 $35.51 $552,801,000 $127,985,000
45.71% 0.04% 2,823,171 SEARS HLDGS CORPCOM 8,999,590 6,176,419 $102.09 $102.05 $918,768,000 $630,304,000
29.96% 2.88% 1,981,100 USG CORP NEW COM 8,594,136 6,613,036 $36.82 $35.79 $316,436,000 $236,681,000
4.54% -22.11% 102,628 WINTHROP REALTY TRUST INC 2,360,880 2,258,252 $4.12 $5.29 $9,727,000 $11,946,000
*****  REDUCED POSITIONS
% pos ch % val ch Change COMPANY Cur. Pos. Prev. Pos. Approx PPS Prev PPS Value Prev Value
-8.39% -5.79% -874 BERKSHIRE HATHAWAY INC DEL A 9,540 10,414 $133,400.00 $141,599.96 $1,272,636,000 $1,474,622,000
-44.23% -5.56% -15,541 BERKSHIRE HATHAWAY INC DEL B 19,592 35,133 $4,472.90 $4,736.00 $87,633,000 $166,390,000
-26.30% -6.67% -5,429,067 CANADIAN NAT RES LTD 15,212,723 20,641,790 $68.26 $73.14 $1,038,421,000 $1,509,741,000
-2.85% -0.74% -430 COCA COLA CO 14,650 15,080 $60.89 $61.34 $892,000 $925,000
-0.15% 1.31% -100 DAILY JOURNAL CORP COM 66,002 66,102 $41.04 $40.51 $2,709,000 $2,678,000
-0.42% -18.51% -1,286 HOMEFED CORP 306,049 307,335 $49.10 $60.25 $15,027,000 $18,517,000
-2.45% -54.20% -165,000 IDT CORP CL B 6,571,500 6,736,500 $3.87 $8.45 $25,432,000 $56,923,000
-97.43% 7.61% -6,337,903 PENN WEST ENERGY TR UNIT 167,347 6,505,250 $27.98 $26.00 $4,682,000 $169,137,000
-0.10% -8.16% -7,400 WELLCARE HEALTH PLANS COM 7,642,800 7,650,200 $38.95 $42.41 $297,687,000 $324,445,000
-33.83% -0.76% -501 WESCO FINL CORP COM 980 1,481 $404.08 $407.16 $396,000 $603,000
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