Fairholme Fund

Last Update: 2014-08-04
Related: Bruce Berkowitz
Fairholme Focused Income Fund

Number of Stocks: 26
Number of New Stocks: 1

Total Value: $8,288 Mil
Q/Q Turnover: 1%

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 (%)
201335.5431.554.0
201235.8115.420.4
2011-32.422.08-34.5
3-Year Cumulative24.4 (7.5%/year)55 (15.7%/year)-30.6 (-8.2%/year)
201025.4715.0610.4
200939.0126.4612.5
5-Year Cumulative117 (16.8%/year)125.5 (17.7%/year)-8.5 (-0.9%/year)
2008-29.7-377.3
200712.355.616.7
200616.7115.790.9
200513.744.918.8
200424.931212.9
10-Year Cumulative184.2 (11%/year)104.1 (7.4%/year)80.1 (3.6%/year)
200323.9628.7-4.7
2002-1.58-22.120.5
20016.18-11.918.1
200046.54-9.155.6

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Commentaries and Stories

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