UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2000
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: 51 JFK Parkway
Short Hills, New Jersey 07078
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: Michael J. Senior
Title: Chief Operating Officer
Phone: 973-379-6557
Signature, Place, and Date of Signing:
Michael J. Senior Short Hills, New Jersey August 14, 2000
Report Type (Check only one.):
[ x ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 84
Form 13F Information Table Value Total: $491,530
List of Other Included Managers:
No. 13F File Number Name:
<PAGE>
<TABLE>
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AEGIS RLTY INC COM COM 00760p104 389 39100.0000SH SOLE 39100.0000
AHT CORPORATION COM 00130R103 150 75000.0000SH SOLE 75000.0000
ALEXANDERS INC COM 014752109 222 3029.0000SH SOLE 3029.0000
ALLEGHANY CORP DEL COM 017175100 1500 8930.0000SH SOLE 8930.0000
ALLIANCE CAP MGMT HOLDINGS COM 01855A101 927 19550.0000SH SOLE 19550.0000
ALLSTAR INNS INC COM COM 019889104 0 28200.0000SH SOLE 28200.0000
AMERCO COM COM 023586100 1765 88250.0000SH SOLE 88250.0000
AMERICAN EXPRESS CO COM 025816109 5091 97664.0000SH SOLE 97664.0000
BARRICK GOLD CORP COM COM 067901108 286 15700.0000SH SOLE 15700.0000
BARRY R G CORP OHIO COM 068798107 68 17463.0000SH SOLE 17463.0000
BERKSHIRE HATHAWAY CL A COM 084670108 101198 1881.0000SH SOLE 1881.0000
BERKSHIRE HATHAWAY CL B COM 084670207 79415 45122.0000SH SOLE 45122.0000
BLACKROCK INCOME TR COM COM 09247F100 124 19400.0000SH SOLE 19400.0000
CALIF FED BK-GOODWILL CERTIF COM 130209604 18 12006.0000SH SOLE 12006.0000
CEDAR FAIR L P DEPOSITRY UNIT COM 150185106 2324 120750.0000SH SOLE 120750.0
CITIGROUP COM 172967101 767 12732.0000SH SOLE 12732.0000
CLAYTON HOMES INC COM COM 184190106 641 80100.0000SH SOLE 80100.0000
COAST SAVINGS LITIGATION RIGHT COM 19034q110 255 156700.0000SH SOLE 156700.0
COCA COLA CO COM 191216100 1109 19315.0000SH SOLE 19315.0000
DREYFUS STRATEG GOVTS COM COM 261938104 103 11300.0000SH SOLE 11300.0000
FARM FAMILY HOLDING INC COM 307901108 374 12099.0000SH SOLE 12099.0000
FEDERAL HOME LN MTG CP COM 313400301 6312 155842.3370SH SOLE 155842.3
FEDERAL NATL MTG ASSN COM 313586109 254 4869.0000SH SOLE 4869.0000
FIDELITY NATL FINL INC COM COM 316326107 948 51746.0000SH SOLE 51746.0000
FIRST UN RL EST EQ&MTG SH BEN COM 337400105 1193 405895.0000SH SOLE 405895.0
FRANKLIN ELEC INC COM 353514102 629 9279.2190SH SOLE 9279.2190
FREMONT GEN CORP COM COM 357288109 53 13400.0000SH SOLE 13400.0000
GOLDEN WEST FINL DEL COM COM 381317106 235 5748.0000SH SOLE 5748.0000
GYRODYNE CO AMER INC COM COM 403820103 281 16031.0000SH SOLE 16031.0000
HARKEN ENERGY CORP COM COM 412552101 25 40000.0000SH SOLE 40000.0000
HILFIGER TOMMY CORP ORD COM G8915Z102 88 11694.0000SH SOLE 11694.0000
HOMEFED CORP COM 43739D208 869 1297499.0000SH SOLE 1297499.0
HOUSEHOLD INTL COM 441815107 178940 4305270.0000SH SOLE 4305270.0
HVIDE MARINE INC CL A COM 448515106 0 10000.0000SH SOLE 10000.0000
IKON OFFICE SOLUTIONS COM COM 451713101 58 15000.0000SH SOLE 15000.0000
IMPERIAL PKG CORP COM COM 453077109 345 20581.0000SH SOLE 20581.0000
INTEL CORP COM 458140100 2143 16028.0000SH SOLE 16028.0000
JEFFERIES GROUP INC (NEW) COM 472319102 1672 82800.0000SH SOLE 82800.0000
JZ EQUITY PARTNERS ORD COM GB0002904 463 150000.0000SH SOLE 150000.0
LEUCADIA NATL COM 527288104 13698 600435.0000SH SOLE 600435.0
M & T BANK CORP COM 55261F104 900 2000.0000SH SOLE 2000.0000
MARKEL CORP COM 570535104 6843 48316.0000SH SOLE 48316.0000
MERCURY GENL CORP NEW COM 589400100 49399 2090975.0000SH SOLE 2090975.0
MERITOR SVGS BK PA COM COM 590007100 50 38645.0000SH SOLE 38645.0000
MORGAN STAN DEAN WITTR MUN INC COM 61745P460 124 15800.0000SH SOLE 15800.0000
MORGAN STAN DEAN WITTR MUN INC COM 61745P486 141 16700.0000SH SOLE 16700.0000
MORGAN STAN DEAN WITTR NEW COM 617446448 3891 46740.0000SH SOLE 46740.0000
NETWORK COMPUTG DEVICE COM 64120n100 62 50000.0000SH SOLE 50000.0000
NETWORKS ASSOCS INC COM COM 64120N100 255 12500.0000SH SOLE 12500.0000
PFIZER INC COM COM 717081103 445 9275.0000SH SOLE 9275.0000
PLAINS ALL AM PIPELINE UNIT LT COM 726503105 242 13000.0000SH SOLE 13000.0000
PMC CAP INC COM COM 693430100 175 18000.0000SH SOLE 18000.0000
PROGRESSIVE CORP OHIO COM 743315103 518 7000.0000SH SOLE 7000.0000
PROGRESSIVE SVGS BK CA COM 743374100 0 48000.0000SH SOLE 48000.0000
PUTNAM MASTR INTR INCM SH BEN COM 746909100 63 10100.0000SH SOLE 10100.0000
RLI CORP COM 749607107 3260 93826.0000SH SOLE 93826.0000
SELECTIVE INS GROUP COM COM 816300107 279 14700.0000SH SOLE 14700.0000
SERVICE CORP INTL COM COM 817565104 38 12000.0000SH SOLE 12000.0000
STUDENT LN CORP COM COM 863902102 1117 26600.0000SH SOLE 26600.0000
SYSTEMAX INC COM 871851101 147 37900.0000SH SOLE 37900.0000
TEMPLETON GLOBAL INCM COM COM 880198106 80 12950.0000SH SOLE 12950.0000
TOKHEIM CORP COM COM 889073102 97 60000.0000SH SOLE 60000.0000
TOPPS INC COM COM 890786106 299 26000.0000SH SOLE 26000.0000
URECOATS INDUSTRIES COM COM 91724E103 431 300000.0000SH SOLE 300000.0
USA EDUCATION INC COM 90390U102 1013 27070.0000SH SOLE 27070.0000
UST INC COM COM 902911106 186 12630.0000SH SOLE 12630.0000
VORNADO RLTY TR SH BEN INT COM 929042109 580 16694.0000SH SOLE 16694.0000
WASHINGTON POST CO CL B COM 939640108 1057 2212.0000SH SOLE 2212.0000
WASTE MGMT INC DEL COM COM 94106L109 190 10000.0000SH SOLE 10000.0000
WEBB DEL CORP COM COM 947423109 153 10000.0000SH SOLE 10000.0000
WELLS FARGO & CO COM 949746101 6225 160640.0000SH SOLE 160640.0
WELLSFORD REAL PPTYS COM COM 950240101 233 15427.0000SH SOLE 15427.0000
WESCO FINL CORP COM COM 950817106 2214 10801.0000SH SOLE 10801.0000
WHITE MTNS INS GROUP LTD COM COM g9618e107 624 3900.0000SH SOLE 3900.0000
FRANCHISE FIN CORP COM COM 351807102 212 9200.0000SH SOLE 9200.0000
GLENBOROUGH RLTY TR COM COM 37803P105 317 18200.0000SH SOLE 18200.0000
PMC COML TR SH BEN INT COM 693434102 393 38300.0000SH SOLE 38300.0000
RFS HOTEL INVS INC COM COM 74955J108 211 18000.0000SH SOLE 18000.0000
TANGER FACTORY OUTLET COM COM 875465106 240 10200.0000SH SOLE 10200.0000
TOWN & CTRY TR SH BEN INT COM 892081100 844 49100.0000SH SOLE 49100.0000
BOULDER TOTAL RETURN COM 101541100 270 25000.000SH SOLE 25000.000
DAVIS NY VENTURE FD CL A 239080104 1499 48565.922SH SOLE 48565.922
AMERICAN EXP CLL OPT 40.0000 LEA 782 150 SH SOLE 150
HOUSEHOLD INTL CLL OPT 30.0000 LEA 499 120 SH SOLE 120
</TABLE>