Q2 2026 · SEC CIK 0001056831
Bruce Berkowitz portfolio
SuperinvestorHedge fundFairholme Capital Management LLC filed on 2026-08-14. Open SEC filings ↗
- Reported 13F value
- $1.5B
- Reported positions
- 13
- Eligible equities
- 13
- Holdings vs S&P 500, 3 years
- -13.1 pts
Average holding period of the top positions: 10.3 yrs. Holdings vs the S&P 500 over 1 and 5 years: +11.4 pts, -0.2 pts.
In its Q2 2026 13F, filed 2026-08-14, Fairholme Capital Management LLC reported 13 positions worth $1.5B. Its largest holdings were ST JOE CO (JOE, 76.4%), ENTERPRISE PRODS PARTNERS L (EPD, 13.5%), BANK OZK (OZK, 3.2%). Over the last 3 years its top holdings ran 13.1 points a year behind the S&P 500.
Reported holdings in the Q2 2026 13F.
The portfolio weight uses the full reported share-portfolio denominator. Weight changes compare this 13F with the one before it; price moves also change weights, so these are not trade labels. “New” means the position was not in the previous 13F at all; “—” marks a small position the earlier filing data does not cover.
| Stock | % of reported portfolio | Weight change | Reported value |
|---|---|---|---|
| JOEST JOE CO | 76.4% | -3.24 pp | $1.1B |
| EPDENTERPRISE PRODS PARTNERS L | 13.5% | -0.17 pp | $200.6M |
| OZKBANK OZK | 3.2% | +0.43 pp | $48.0M |
| BRK-BBERKSHIRE HATHAWAY INC DEL | 3.0% | +1.35 pp | $44.0M |
| WRBWR Berkley Corp | 1.2% | +0.09 pp | $18.1M |
| PGRPROGRESSIVE CORP | 1.1% | +0.19 pp | $15.8M |
| BRK-ABERKSHIRE HATHAWAY INC DEL | 0.6% | +0.46 pp | $8.2M |
| PFEPFIZER INC | 0.4% | New | $5.6M |
| KHCKRAFT HEINZ CO | 0.3% | +0.17 pp | $4.8M |
| CPBTHE CAMPBELLS COMPANY | 0.2% | New | $2.6M |
| UPSUNITED PARCEL SVCS INC | 0.2% | New | $2.6M |
| AAPLAPPLE INC | 0.0% | +0.01 pp | $694K |
| HOMBHOME BANCSHARES INC | 0.0% | +0.00 pp | $345K |
What Bruce Berkowitz bought and sold in Q2 2026, against Q1 2026.
New positions
- PFE Pfizer Inc0.4% of 13F
- CPB The Campbells Company0.2% of 13F
- UPS United Parcel Svcs Inc0.2% of 13F
Added to
- BRK-A Berkshire Hathaway Inc Del+450.0% shares
- KHC Kraft Heinz Co+92.1% shares
- BRK-B Berkshire Hathaway Inc Del+74.1% shares
- PGR Progressive Corp+8.7% shares
Reduced
- JOE St Joe Company-5.4% shares
Sold out
Nothing sold out.
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +31.4% /yr
- S&P 500 +20.1%
- 3 years
- +4.6% /yr
- S&P 500 +20.4%
- 5 years
- +8.7% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Questions about Bruce Berkowitz's portfolio
What stocks does Bruce Berkowitz own?
Fairholme Capital Management LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 13 positions worth $1.5B. The largest are St Joe Company (JOE) at 76.4%, Enterprise Prods Partners L (EPD) at 13.5%, Bank Ozk Little Rock Ark Com (OZK) at 3.2%, Berkshire Hathaway Inc Del (BRK-B) at 3.0% and Berkley W R Corp (WRB) at 1.2%.
What did Bruce Berkowitz buy last quarter?
In Q2 2026, Fairholme Capital Management LLC added a new position in Pfizer Inc (PFE), a new position in The Campbells Company (CPB), a new position in United Parcel Svcs Inc (UPS), Berkshire Hathaway Inc Del (BRK-A) (+450.0% shares), Kraft Heinz Co (KHC) (+92.1% shares) and Berkshire Hathaway Inc Del (BRK-B) (+74.1% shares), compared with its Q1 2026 filing.
What did Bruce Berkowitz sell last quarter?
In Q2 2026, Fairholme Capital Management LLC St Joe Company (JOE) (-5.4% shares), compared with its Q1 2026 filing.
How has Bruce Berkowitz's portfolio performed?
A portfolio copying Fairholme Capital Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +4.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +31.4% against +20.1%. Over 5 years: +8.7% a year against +11.6%.
When is Fairholme Capital Management LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Fairholme Capital Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.