Fairholme Capital Management Buys AT&T Inc, Vista Outdoor Inc, Spectrum Brands Holdings Inc, Sells Seritage Growth Properties

• New Purchases: SPB, C, JEF,
• Added Positions: T, VSTO, OAK,
• Sold Out: SRG,

For the details of Bruce Berkowitz's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Bruce+Berkowitz

1. The St. Joe Co (JOE) - 27,444,119 shares, 66.19% of the total portfolio. Shares reduced by 0.14%
2. Vista Outdoor Inc (VSTO) - 5,055,300 shares, 10.52% of the total portfolio. Shares added by 81.21%
3. Sears Holdings Corp (SHLD) - 17,428,147 shares, 5.55% of the total portfolio. Shares reduced by 0.41%
4. AT&T Inc (T) - 1,227,300 shares, 5.3% of the total portfolio. Shares added by 1434.13%
5. Vistra Energy Corp (VST) - 1,037,500 shares, 3.3% of the total portfolio. Shares reduced by 0.14%

Fairholme Capital Management initiated holding in Spectrum Brands Holdings Inc. The purchase prices were between $69.37 and $99, with an estimated average price of $83.22. The stock is now traded at around $90.33. The impact to a portfolio due to this purchase was 2.73%. The holding were 248,986 shares as of 2018-06-30.

Fairholme Capital Management initiated holding in Citigroup Inc. The purchase prices were between $65.46 and $72.86, with an estimated average price of $68.88. The stock is now traded at around $72.42. The impact to a portfolio due to this purchase was 2.11%. The holding were 235,000 shares as of 2018-06-30.

Fairholme Capital Management initiated holding in Jefferies Financial Group Inc. The purchase prices were between $21.77 and $24.79, with an estimated average price of $23.42. The stock is now traded at around $24.09. The impact to a portfolio due to this purchase was 0.2%. The holding were 66,000 shares as of 2018-06-30.

Fairholme Capital Management added to a holding in AT&T Inc by 1434.13%. The purchase prices were between $31.4 and $36.14, with an estimated average price of $33.25. The stock is now traded at around $32.67. The impact to a portfolio due to this purchase was 4.95%. The holding were 1,227,300 shares as of 2018-06-30.

Fairholme Capital Management added to a holding in Vista Outdoor Inc by 81.21%. The purchase prices were between $13.04 and $18.26, with an estimated average price of $15.99. The stock is now traded at around $18.03. The impact to a portfolio due to this purchase was 4.71%. The holding were 5,055,300 shares as of 2018-06-30.

Fairholme Capital Management added to a holding in Oaktree Capital Group LLC by 115.48%. The purchase prices were between $39.2 and $42.4, with an estimated average price of $40.46. The stock is now traded at around $41.30. The impact to a portfolio due to this purchase was 0.53%. The holding were 181,000 shares as of 2018-06-30.

Fairholme Capital Management sold out a holding in Seritage Growth Properties. The sale prices were between $34.5 and $44.53, with an estimated average price of $39.01.