Fairholme Capital Management Buys Berkshire Hathaway Inc, Sells AT&T Inc, Vista Outdoor Inc, Citigroup Inc

• New Purchases: BRK.B,
• Added Positions: SPB,
• Reduced Positions: T, VSTO, SHLDQ, VST,
• Sold Out: C, OAK, CLPR,

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) - 27,394,450 shares, 76.79% of the total portfolio. Shares reduced by 0.18%
2. Vista Outdoor Inc (VSTO) - 3,532,000 shares, 10.54% of the total portfolio. Shares reduced by 30.13%
3. Vistra Energy Corp (VST) - 1,015,300 shares, 4.21% of the total portfolio. Shares reduced by 2.14%
4. Spectrum Brands Holdings Inc (SPB) - 291,228 shares, 3.63% of the total portfolio. Shares added by 19.60%
5. Sears Holdings Corp (SHLDQ) - 14,055,740 shares, 2.27% of the total portfolio. Shares reduced by 19.35%

Fairholme Capital Management initiated holding in Berkshire Hathaway Inc. The purchase prices were between $186.02 and $221.68, with an estimated average price of $205.18. The stock is now traded at around $210.12. The impact to a portfolio due to this purchase was 0.34%. The holding were 9,600 shares as of 2018-09-30.

Fairholme Capital Management sold out a holding in Citigroup Inc. The sale prices were between $66.06 and $74.79, with an estimated average price of $70.7.

Fairholme Capital Management sold out a holding in Oaktree Capital Group LLC. The sale prices were between $38.75 and $42.45, with an estimated average price of $41.12.

Fairholme Capital Management sold out a holding in Clipper Realty Inc. The sale prices were between $8.53 and $13.53, with an estimated average price of $11.16.

Fairholme Capital Management reduced to a holding in AT&T Inc by 71.73%. The sale prices were between $30.25 and $33.91, with an estimated average price of $32.43. The stock is now traded at around $30.73. The impact to a portfolio due to this sale was -3.8%. Fairholme Capital Management still held 346,900 shares as of 2018-09-30.

Fairholme Capital Management reduced to a holding in Vista Outdoor Inc by 30.13%. The sale prices were between $15.53 and $18.92, with an estimated average price of $17.16. The stock is now traded at around $10.67. The impact to a portfolio due to this sale was -3.17%. Fairholme Capital Management still held 3,532,000 shares as of 2018-09-30.