Bruce Berkowitz - Fairholme Capital
| History | Stock | Activity ▲ | Share change | % change to portfolio |
| Q1 2008 | ≡ | OBE - Obsidian Energy Ltd | Sell 100.00% | 6,834,211 | 3.65 | ≡ | XTO - XTO Energy Inc. | Sell 100.00% | 3,892,125 | 3.87 |
| Q4 2007 | ≡ | OBE - Obsidian Energy Ltd | Reduce 9.93% | 753,789 | 0.40 | ≡ | HOFD - HomeFed Corp. | Reduce 0.34% | 352 | 0.00 | ≡ | BRK.A - Berkshire Hathaway CL A | Reduce 0.12% | 10 | 0.03 | ≡ | CLMT - Calumet Specialty Products | Sell 100.00% | 2,100 | 0.00 | ≡ | MWA - Mueller Water Products | Sell 100.00% | 36,000 | 0.01 | ≡ | WTM - White Mountains Insurance | Sell 100.00% | 7,000 | 0.09 | ≡ | EMN - Eastman Chemical | Sell 100.00% | 4,675,800 | 3.64 |
| Q3 2007 | ≡ | CLMT - Calumet Specialty Products | Reduce 99.03% | 215,153 | 0.24 | ≡ | EMN - Eastman Chemical | Reduce 31.53% | 2,153,000 | 1.68 | ≡ | OBE - Obsidian Energy Ltd | Reduce 10.55% | 895,000 | 0.60 | ≡ | MMC - Marsh & McLennan | Sell 100.00% | 230,400 | 0.18 | ≡ | USMO - USA Mobility | Sell 100.00% | 1,335,486 | 0.74 | ≡ | SE-OLD - Spectra Energy Corp. | Sell 100.00% | 2,498,200 | 1.60 |
| Q2 2007 | ≡ | MMC - Marsh & McLennan | Reduce 77.90% | 812,000 | 0.64 | ≡ | CLMT - Calumet Specialty Products | Reduce 57.92% | 299,000 | 0.37 | ≡ | PD-OLD - Phelps Dodge | Sell 100.00% | 983,600 | 3.82 |
| Q1 2007 | ≡ | DUK - Duke Energy | Sell 100.00% | 1,942,800 | 2.18 |