Fund · Bruce Berkowitz
Fairholme Capital
Extreme concentration, very long holds.
Copying every 13F the day after it was filed returned 11.7% a year, against 14.2% for SPY over the same 13.2 years and 53 quarters, since Aug 2013. Clone score 51 of 100: Coin flip.
| Manager | Bruce Berkowitz |
| Clone score | 51 / 100 |
| Verdict | Coin flip |
| Copy, a year | 11.7% |
| SPY, a year | 14.2% |
| Edge, a year | −2.5% |
| Latest quarter | Q2 2026 |
| Filed | 14 Aug 2026 |
| 13F value | $1.5B |
| Positions | 13 |
Largest holdings
| Ticker | Name | Weight | Value | Change |
|---|---|---|---|---|
| JOE | ST JOE CO | 76.4% | $1.1B | TRIM |
| EPD | ENTERPRISE PRODS PARTNERS L | 13.5% | $201M | HOLD |
| OZK | BANK OZK | 3.2% | $48.0M | HOLD |
| BRK.B | BERKSHIRE HATHAWAY INC DEL | 3.0% | $44.0M | ADD |
| WRB | WR Berkley Corp | 1.2% | $18.1M | HOLD |
| PGR | PROGRESSIVE CORP | 1.1% | $15.8M | ADD |
| BRK.A | BERKSHIRE HATHAWAY INC DEL | 0.6% | $8.2M | ADD |
| PFE | PFIZER INC | 0.4% | $5.6M | NEW |
| KHC | KRAFT HEINZ CO | 0.3% | $4.8M | ADD |
| CPB | THE CAMPBELLS COMPANY | 0.2% | $2.6M | NEW |
| UPS | UNITED PARCEL SVCS INC | 0.2% | $2.6M | NEW |
| AAPL | APPLE INC | 0.0% | $694K | HOLD |
| HOMB | HOME BANCSHARES INC | 0.0% | $345K | HOLD |