Bruce Berkowitz
Portfolio value$1.5B
Positions13
QuarterQ2 2026ended 2026-06-30
Filed08/142026
Fairholme Capital Management LLC's Q2 2026 13F, filed Aug 14, 2026, reports 13 positions worth $1.5B. The ten largest are 99.8% of the book, led by St Joe Co at 76.4%, Enterprise Prods Partners L at 13.5% and Bank Ozk at 3.2%. Against Q1 2026: 3 bought, 4 added to, 1 reduced, 0 sold; the largest moves were reduced St Joe Co (−5%) and added Berkshire Hathaway (+74%).
Where the money is
JOEEPD
Holdings
| Ticker | Issuer | Weight | Value | Q-end → now | Price vs model | Change |
|---|---|---|---|---|---|---|
| JOE | St Joe CO | 76.4% | $1.1B18.2M sh | 62.63 | — | reduced −5% |
| EPD | Enterprise Prods Partners L | 13.5% | $200.6M5.5M sh | 36.76 | — | held |
| OZK | Bank Ozk | 3.2% | $48.0M921,252 sh | 52.09 | — | held |
| BRK/B | Berkshire Hathaway INC Del | 3.0% | $44.0M87,852 sh | 500.39 → +6% | 21% overvalued | added +74% |
| WRB | Wr Berkley Corp | 1.2% | $18.1M256,350 sh | 70.53 → +7% | 25% overvalued | held |
| PGR | Progressive Corp | 1.1% | $15.8M72,200 sh | 218.45 → +0% | 11% undervalued | added +9% |
| BRK/A | Berkshire Hathaway INC Del | 0.6% | $8.2M11 sh | 748,850.00 | — | added +450% |
| PFE | Pfizer INC | 0.4% | $5.6M231,000 sh | 24.08 → +23% | 3% undervalued | bought |
| KHC | Kraft Heinz CO | 0.3% | $4.8M202,300 sh | 23.62 → +0% | 39% overvalued | added +92% |
| CPB | The Campbells Company | 0.2% | $2.6M116,500 sh | 22.27 | — | bought |
| UPS | United Parcel Svcs INC | 0.2% | $2.6M23,800 sh | 107.50 → −9% | 38% undervalued | bought |
| AAPL | Apple INC | 0.0% | $694,4642,400 sh | 289.36 → +19% | 114% overvalued | held |
| HOMB | Home Bancshares INC | 0.0% | $345,45512,100 sh | 28.55 | — | held |
Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.