Bruce Berkowitz

Net buying

Fairholme Capital Management Llc — managed by Bruce Berkowitz; US equity positions disclosed quarterly via SEC 13F

Data as of 2026-06-30 (filed 2026-08-14) · Source: SEC EDGAR

Portfolio value$1.49B (−2%)

Holdings13 (+3)

Top holdingSt Joe Co

Below band1

New

Added

Exited

By what price implies: 4 demand a demanding growth rate, 3 modest.

13F × valuation

Valuation posture

Of 6 valued US positions, 1 trade below a conservative value band (as of 2026-08-26):

Wr Berkley CorpWRB1% · below

13F · concentration

Lonely conviction

Held by ≤2 tracked superinvestors, each ≥3% of this portfolio (as of 2026-06-30):

St Joe CoJOE76% · 2

SEC 13F · latest filing

Holdings

Security	Value	Valuation	Holders	Shares	Weight	Signal
St Joe CoJOE	$1.14B	—	2	18,182,367	76.4%	Core 8q
Enterprise Prods Partners LEPD	$200.6M	—	5	5,455,800	13.5%	Core 8q
Bank OzkOZK	$48.0M	—	3	921,252	3.2%	Core 8q
Berkshire Hathaway IncBRK.B	$44.0M	—	27	87,852	3.0%	Core 8q
Wr Berkley CorpWRB	$18.1M	Below value	5	256,350	1.2%	Core 8q
Progressive CorpPGR	$15.8M	—	10	72,200	1.1%	Adding 3q
Berkshire Hathaway IncBRK.A	$8.2M	—	17	11	0.6%	No trim 8q
Pfizer IncPFE	$5.6M	—	11	231,000	0.4%	—
Kraft Heinz CoKHC	$4.8M	—	10	202,300	0.3%	—
The Campbells CompanyCPB	$2.6M	—	3	116,500	0.2%	—
United Parcel Svcs IncUPS	$2.6M	—	9	23,800	0.2%	—
Apple IncAAPL	$694,464	—	28	2,400	0.0%	No trim 8q
Home Bancshares IncHOMB	$345,455	Below value· unconf.	2	12,100	0.0%	—

St Joe CoJOECore 8q
Value$1.14BValuation—Holders2Weight76.4%
Enterprise Prods Partners LEPDCore 8q
Value$200.6MValuation—Holders5Weight13.5%
Bank OzkOZKCore 8q
Value$48.0MValuation—Holders3Weight3.2%
Berkshire Hathaway IncBRK.BCore 8q
Value$44.0MValuation—Holders27Weight3.0%
Wr Berkley CorpWRBCore 8q
Value$18.1MValuationBelow valueHolders5Weight1.2%
Progressive CorpPGRAdding 3q
Value$15.8MValuation—Holders10Weight1.1%
Berkshire Hathaway IncBRK.ANo trim 8q
Value$8.2MValuation—Holders17Weight0.6%
Pfizer IncPFE—
Value$5.6MValuation—Holders11Weight0.4%
Kraft Heinz CoKHC—
Value$4.8MValuation—Holders10Weight0.3%
The Campbells CompanyCPB—
Value$2.6MValuation—Holders3Weight0.2%
United Parcel Svcs IncUPS—
Value$2.6MValuation—Holders9Weight0.2%
Apple IncAAPLNo trim 8q
Value$694,464Valuation—Holders28Weight0.0%
Home Bancshares IncHOMB—
Value$345,455ValuationBelow value· unconf.Holders2Weight0.0%

What is a superinvestor

About this investor

Portfolio overview

Fairholme Capital Management Llc's most recent 13F filing, for the quarter ended 2026-06-30, reports 13 positions worth $1.49B. The top 5 holdings represent 97% of that value, a concentrated portfolio.

The single largest position is St Joe Co at 76.4% of the portfolio, followed by Enterprise Prods Partners L at 13.5% and Bank Ozk at 3.2%.

Against the prior quarter, Bruce Berkowitz opened 3 new positions, exited 0, added to 4, and trimmed 1. The largest new buy was Pfizer Inc.

Across all 8 quarters on file, St Joe Co has appeared in every filing, as has Enterprise Prods Partners L. St Joe Co currently ranks first by value.

A 13F is filed roughly 45 days after quarter-end and covers only long positions in US-listed equities, so it is a lagging and partial view of the portfolio. Source: SEC EDGAR.

Bruce Berkowitz has no positions in the strike zone right now. Browse the whole market by value band

Sources· SEC EDGAR 13F as of 2026-06-30 · filed 2026-08-14

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