Fairholme Fund

Last Update: 04-27-2016
Related: Bruce Berkowitz
Fairholme Focused Income Fund

Number of Stocks: 31
Number of New Stocks: 0

Total Value: $1,784 Mil
Q/Q Turnover: 0%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Fairholme Fund' s Profile & Performance

Profile

Fairholme Fund is managed by its founder Bruce Berkowitz. For the 10-year period after inception in 1999, the fund gained 253% while the S&P lost money. This portfolio is the quarterly portfolio of Fairholme Fund. It is different from the portfolio under the name of "Bruce Berkowitz", which covers more accounts and funds managed by Bruce Berkowitz.

Web Page:http://www.fairholmefunds.com/stat

Investing Philosophy

Bruce Berkowitz concentrates his investments in a relatively small number of companies. He looks for companies with good management and cashflow. His motto: "Ignore the Crowd'.

Historical Allocation of Stock, Bonds, Cash

Total Holding History

Performance of Fairholme Fund

YearReturn (%)S&P500 (%)Excess Gain (%)
2015-11.481.19-12.7
2014-2.7213.69-16.4
201335.5432.393.2
3-Year Cumulative16.7 (5.3%/year)52.3 (15.1%/year)-35.6 (-9.8%/year)
201235.811619.8
2011-32.422.11-34.5
5-Year Cumulative7.1 (1.4%/year)80.4 (12.5%/year)-73.3 (-11.1%/year)
201025.4715.0610.4
200939.0126.4612.5
2008-29.7-377.3
200712.355.496.9
200616.7115.790.9
10-Year Cumulative72.2 (5.6%/year)102 (7.3%/year)-29.8 (-1.7%/year)
200513.744.918.8
200424.9310.8814.1
200323.9628.68-4.7
2002-1.58-22.120.5
20016.18-11.8918.1
15-Year Cumulative217 (8%/year)107.5 (5%/year)109.5 (3%/year)
200046.54-9.155.6

Top Ranked Articles

Fairholme Fund Sells Bank of America, Leucadia National Fund's top trades during the 1st quarter
Fairholme Fund (Trades, Portfolio) is managed by its founder Bruce Berkowitz (Trades, Portfolio). For the 10-year period after inception in 1999, the fund gained 253% while the Standard & Poor's lost money. During the first quarter the fund traded some stocks as follows: Read more...
Fairholme Fund Cuts Bank of America, Buys Lands' End Fund invests in NOW, MRC Global, Leucadia National
Fairholme Fund (Trades, Portfolio) is managed by its founder, Bruce Berkowitz (Trades, Portfolio). In the 10-year period after inception in 1999, the fund gained 253% while the Standard & Poor's lost money. During the fourth quarter Berkowitz traded many stocks. Read more...
Bruce Berkowitz Sells Bank of America, Citigroup His largest sales had impacts higher than 4% on his portfolio
Bruce Berkowitz (Trades, Portfolio) is the founder and the managing member of the Fairholme Fund (Trades, Portfolio). He concentrates his investments in a relatively small number of companies. During the fourth quarter he sold many stocks. Read more...
Fairholme Fund Sells Stake in American International Group Guru buys three new stakes, adds to two more in third quarter
In its investment decisions, Bruce Berkowitz (Trades, Portfolio)’s Fairholme Fund (Trades, Portfolio) often follows the motto of its founder to “ignore the crowd.” In the third quarter, though, the Fund was probably as likely to deal in stocks that are popular as stocks that are not. Read more...
Fairholme Fund Increases Stakes During 1Q2015
Bruce Berkowitz (Trades, Portfolio)'s Fairholme Fund (Trades, Portfolio) recently increased its stakes in three positions in the portfolio. The fund currently owns 26 positions that are valued at $5.13 billion all together. The firm likes to hold onto stocks for long periods of time, as the quarter-over-quarter turnover of 1% indicates. Read more...
» More Fairholme Fund Articles

Commentaries and Stories

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Fairholme Fund Sells Bank of America, Leucadia National Fund's top trades during the 1st quarter Fairholme Fund,Bruce Berkowitz,Dodge & Cox,Barrow  - Fairholme Fund Sells Bank Of America, Leucadia National
Fairholme Fund (Trades, Portfolio) is managed by its founder Bruce Berkowitz (Trades, Portfolio). For the 10-year period after inception in 1999, the fund gained 253% while the Standard & Poor's lost money. During the first quarter the fund traded some stocks as follows: More...

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Fairholme Fund Cuts Bank of America, Buys Lands' End Fund invests in NOW, MRC Global, Leucadia National Fairholme Fund,Bruce Berkowitz,Dodge & Cox,James B - Fairholme Fund Cuts Bank Of America, Buys Lands' End
Fairholme Fund (Trades, Portfolio) is managed by its founder, Bruce Berkowitz (Trades, Portfolio). In the 10-year period after inception in 1999, the fund gained 253% while the Standard & Poor's lost money. During the fourth quarter Berkowitz traded many stocks. More...

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Now: Q4 Earnings Were Bad, but Buy Case Is Intact Management has been doing the right things Fairholme Fund - Now: Q4 Earnings Were Bad, But Buy Case Is Intact
Now Inc. (NYSE:DNOW) reported Q4 earnings. Net loss is $2.33 per share mainly due to noncash charges of the goodwill impairment and deferred tax asset valuation allowance. On the operating basis, the net loss was about 25 cents per share. More...

ENERGY


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Bruce Berkowitz Sells Bank of America, Citigroup His largest sales had impacts higher than 4% on his portfolio Bruce Berkowitz,Fairholme Fund,Warren Buffett,Dodg - Bruce Berkowitz Sells Bank Of America, Citigroup
Bruce Berkowitz (Trades, Portfolio) is the founder and the managing member of the Fairholme Fund (Trades, Portfolio). He concentrates his investments in a relatively small number of companies. During the fourth quarter he sold many stocks. More...

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Rating: 2.5/5 (2 votes)

Fairholme Fund Sells Stake in American International Group Guru buys three new stakes, adds to two more in third quarter Fairholme Fund - Fairholme Fund Sells Stake In American International Group
In its investment decisions, Bruce Berkowitz (Trades, Portfolio)’s Fairholme Fund (Trades, Portfolio) often follows the motto of its founder to “ignore the crowd.” In the third quarter, though, the Fund was probably as likely to deal in stocks that are popular as stocks that are not. More...

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Fairholme Fund (Bruce Berkowitz) June 30 Investor Letter
To the Shareholders and the Directors of The Fairholme Fund (Trades, Portfolio): More...

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Rating: 3.0/5 (2 votes)

Fairholme Fund Increases Stakes During 1Q2015 Bruce Berkowitz,Fairholme Fund - Fairholme Fund Increases Stakes During 1Q2015
Bruce Berkowitz (Trades, Portfolio)'s Fairholme Fund (Trades, Portfolio) recently increased its stakes in three positions in the portfolio. The fund currently owns 26 positions that are valued at $5.13 billion all together. The firm likes to hold onto stocks for long periods of time, as the quarter-over-quarter turnover of 1% indicates. More...

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Bruce Berkowitz Reduced Stake In One Of The Largest Broadline Retailers In The U.S.
Bruce Berkowitz (Trades, Portfolio) is the founder and the managing member of the Fairholme Fund (Trades, Portfolio). The investor reported decreasing his stake in Sears Holdings Corp (NASDAQ:SHLD) on March 16, according to GuruFocus Real Time Picks. More...

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Bruce Berkowitz Increases His Stakes In Fannie And Freddie
Bruce Berkowitz (Trades, Portfolio) of Fairholme Capital has increased his stakes in Fannie Mae (FNMA) and Freddie Mac (FMCC). With Fannie and Freddie stock prices falling, they now make up a smaller position of value in Fairholmes portfolio compared to mid-2014. Bruce Berkowitz (Trades, Portfolio) is heavly invested in the GSE's and has a law suit against the government over the all of Fannie and Freddie earnings being taken by the government. More...

FAIRHOLME CAPITAL,VALUE INVESTING,LONG-TERM,FANNIE,FREDDIE,HOUSING,BRUCE BERKOWITZ,


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Berkowitz’s Fairholme Fund Adds Stake In Struggling Sears Canada Bruce Berkowitz,Fairholme Fund - Berkowitz’s Fairholme Fund Adds Stake In Struggling Sears Canada
Fairholme Fund (Trades, Portfolio), which renowned investor Bruce Berkowitz (Trades, Portfolio) manages, has accumulated a stake in Sears Canada (NASDAQ:SRSC) from the partial spin-off of Sears Holdings  (NASDAQ:SHLD). Sears Holdings continues to off-load valuable non-core assets through spin-offs and asset sales. More...

SEARS CANADA, SRSC, SHLD, BERKOWITZ


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Fairholme Fund's Three Recent Portfolio Changes Bruce Berkowit,Fairholme Fund,Joel Greenblatt,Paul - Fairholme Fund's Three Recent Portfolio Changes
Bruce Berkowitz (Trades, Portfolio) is famous for the minimal amount of turnover and trades in his portfolio. More...

BRUCE BERKOWITZ, FAIRHOLME FUND, AIG, LANDS' END


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Top Fund Managers See Massive Quote Losses In Their Stakes In Frannie and Freddie
Fairholme Fund's (Trades, Portfolio) and Perry Capital's cases were the most prominent and closely watched against the government over taking a 100% of Frannie (FNMA) and Freddie (FMCC) profits. They have lost their legal challenge to a change that the government made after the 2008 bailouts of Fannie and Freddie to send all of the firm's profits to the Treasury. Currently the government faces about 20 federal legal challenges brought by investors that have kept investors from participating in Fannie and Freddie's post-bailout profits. After a federal judge in the U.S. District Court for the District of Columbia dismissed Fairholme Fund's (Trades, Portfolio) and Perry Capital cases share for Fannie More...

FANNIE,FREDDIE,UNDERVALUED,PREFERRED SHARES,COMMON SHARES,


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Fairholme Fund Second Quarter 2014 Shareholder Letter
To the Shareholders and the Directors of The Fairholme Fund (Trades, Portfolio): More...

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A Look at the Real Estate Companies Held by the Most Gurus Bruce Berkowitz,Fairholme Fund - A Look At The Real Estate Companies Held By The Most Gurus
Using the GuruFocus Aggregated Portfolio Screener you can filter results to see what companies maintain the highest amount of guru ownership. By using this screener, we filtered down to see real estate-focused companies which are held by the most gurus. The following five real estate companies are held by the largest number of gurus during the past quarter. More...

  • Currently 3.33/5

Rating: 3.3/5 (3 votes)

A Profile of Value Investing Star Bruce Berkowitz
Bruce Berkowitz (Trades, Portfolio) doesn’t worry about going against the flow — at least not in the short term. He is a concentrated value investor who bets on only a handful of stocks, so it comes with the territory. More...

  • Currently 4.67/5

Rating: 4.7/5 (3 votes)

Carl Icahn Buys Fannie Mae, Freddie Mac from Bruce Berkowitz Fairholme Fund,Bruce Berkowitz - Carl Icahn Buys Fannie Mae, Freddie Mac From Bruce Berkowitz
In the pattern of Bruce Berkowitz (Trades, Portfolio), Bill Ackman (Trades, Portfolio) and Richard Perry (Trades, Portfolio), corporate activist Carl Icahn (Trades, Portfolio) has purchased shares of Fannie Mae (FNMA) and Freddie Mac (FMCC), according to court documents released today. Three of Icahn’s funds in March purchased the shares More...

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Rating: 4.5/5 (4 votes)

IZEA Inc. – An Idea Borrowed from the Portfolio of a Top Small-Cap Investor Bruce Berkowitz,Fairholme Fund - IZEA Inc. – An Idea Borrowed From The Portfolio Of A Top Small-Cap Investor
I’m a Warren Buffett devotee. More...

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The Four Most Common Attributes of Investment Managers That Outperform Their Benchmarks Fairholme Fund,Jeremy Grantham - The Four Most Common Attributes Of Investment Managers That Outperform Their Benchmarks
Benjamin Graham wrote in his book "The Intelligent Investor," “Investment is most intelligent when it is most businesslike. To achieve satisfactory results is easier than most people realize; to achieve superior results is harder than it looks.” More...

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