Bruce Berkowitz

Bruce Berkowitz | FAIRX

Mutual Fund
Fairholme Capital Management
Last update 2026-06-23 10 Stocks (2 new)
Value $1.51 Bil Turnover 1 %
Countries:
Top Holdings: JOE(79.67%)EPD(13.63%)OZK(2.79%)BRK.B(1.60%)WRB(1.12%)

Bruce Berkowitz Profile

Bruce Berkowitz is the founder and the Managing Member of the Fairholme Fund. Prior to forming Fairholme Capital Management, Mr. Berkowitz was a Managing Director of Smith Barney, Inc. from December of 1993 to October of 1997.

Bruce Berkowitz Investing Philosophy

Bruce Berkowitz concentrates his investments in a relatively small number of companies. He thinks that the more diversified the portfolio, the more likely the performance will be average. He likes companies with great managers, and deeply undervalued stocks. Benjamin Graham's "The Intelligent Investor" serves as the inspiration for Berkowitz' investment strategy. He focuses investments on companies that have exceptional management, that generate free cash, and that are cheaply priced. Berkowitz will also invest in mediocre companies that are trading at a significant discount to intrinsic value where there exists a catalyst event that makes it likely the gap between market price and intrinsic value will narrow in a reasonable amount of time.
Summary Stock Picks Current Portfolio News

Bruce Berkowitz Portfolio and Latest Trades

Type:

* When viewing the latest picks, trades are first grouped by date (with the most recent shown first) and then sorted within each date group based on the selected field.

* The transaction information on this page (share changes) is calculated by comparing the latest transaction with the most recent filing—13F, 13D/G, or Form 4—whichever is filed most recently. This may differ from the values shown on the Insider page.

Ticker
Company
Date
Action
Impact %
Price Range
Price
Price Change from Avrg%
Comment
Current Shares
Share Change
JOE
The St. Joe Co
2026-03-31
Reduce
Reduce
-0.88%
●
59.81 ($66.93) 72.79
$62.21
-7.05%
Reduce -1.09%
19,210,167
-212,300
PGR
Progressive Corp
2026-03-31
Add
Add
+0.53%
●
198.24 ($206.39) 216.5
$220.92
7.04%
Add 159.38%
66,400
40,800
CF
CF Industries Holdings Inc
2026-03-31
Sold Out
Sold Out
-0.30%
●
77.49 ($101.98) 137.6
$126.18
23.73%
Sold Out
0
-54,700
OXY
Occidental Petroleum Corp
2026-03-31
Sold Out
Sold Out
-0.20%
●
40.99 ($50.29) 66.24
$55.88
11.12%
Sold Out
0
-69,100
ET
Energy Transfer LP
2026-03-31
Sold Out
Sold Out
-0.19%
●
16.25 ($18.31) 19.67
$20.45
11.69%
Sold Out
0
-166,600
KHC
The Kraft Heinz Co
2026-03-31
New Buy
New Buy
+0.16%
●
21.21 ($23.52) 24.99
$27.57
17.22%
New holding
105,300
105,300
TGT
Target Corp
2026-03-31
Sold Out
Sold Out
-0.16%
●
100.51 ($112.75) 121.2
$145.84
29.35%
Sold Out
0
-23,000
NRP
Natural Resources Partners LP
2026-03-31
Sold Out
Sold Out
-0.09%
●
104.01 ($118.54) 125.41
$99.50
-16.06%
Sold Out
0
-12,000
BRK.B
Berkshire Hathaway Inc
2026-03-31
Add
Add
+0.08%
●
468.49 ($490.9) 508.09
$509.36
3.76%
Add 5.08%
50,452
2,440
BRK.A
Berkshire Hathaway Inc
2026-03-31
Add
Add
+0.05%
●
703700 ($736359) 762570
$764,091.69
3.77%
Add 100%
2
1
FANG
Diamondback Energy Inc
2026-03-31
Sold Out
Sold Out
-0.04%
●
140.45 ($169.93) 202.19
$198.72
16.95%
Sold Out
0
-4,000
OZK
Bank OZK
2026-03-31
Add
Add
+0.02%
●
43.4 ($47.11) 51.4
$51.12
8.51%
Add 0.83%
921,252
7,600
HOMB
Home BancShares Inc
2026-03-31
New Buy
New Buy
+0.02%
●
26.02 ($28.15) 30.59
$31.47
11.79%
New holding
12,100
12,100
WRB
WR Berkley Corp
2026-03-31
Reduce
Reduce
-0.02%
●
64.49 ($68.87) 73.24
$76.28
10.76%
Reduce -1.46%
256,350
-3,800
EPD
Enterprise Products Partners LP
2026-03-31
Add
Add
+0.01%
●
31.7 ($35.39) 39.28
$38.98
10.16%
Add 0.1%
5,455,800
5,400
EOG
EOG Resources Inc
2026-03-31
Sold Out
Sold Out
-0.01%
●
102.55 ($121.36) 149.89
$145.22
19.66%
Sold Out
0
-2,000
JOE
The St. Joe Co
2025-12-31
Reduce
Reduce
-0.62%
●
46.89 ($56.11) 62.82
$62.21
10.87%
Reduce -0.8%
19,422,467
-155,900
PGR
Progressive Corp
2025-12-31
New Buy
New Buy
+0.41%
●
203.7 ($225.5) 245.7
$220.92
-2.03%
New holding
25,600
25,600
CF
CF Industries Holdings Inc
2025-12-31
New Buy
New Buy
+0.30%
●
76.09 ($82.11) 92.06
$126.18
53.67%
New holding
54,700
54,700
TGT
Target Corp
2025-12-31
New Buy
New Buy
+0.16%
●
83.68 ($92.21) 99.55
$145.84
58.16%
New holding
23,000
23,000
NRP
Natural Resources Partners LP
2025-12-31
New Buy
New Buy
+0.09%
●
100.65 ($104.31) 108.53
$99.50
-4.61%
New holding
12,000
12,000
CNR
Core Natural Resources Inc
2025-12-31
Sold Out
Sold Out
-0.03%
●
76.01 ($85.23) 100.19
$77.64
-8.90%
Sold Out
0
-5,000
BRK.B
Berkshire Hathaway Inc
2025-12-31
Reduce
Reduce
-0.02%
●
475.68 ($497.52) 513.81
$509.36
2.38%
Reduce -0.88%
48,012
-425
OZK
Bank OZK
2025-12-31
Reduce
Reduce
-0.01%
●
42.64 ($46.72) 52.03
$51.12
9.42%
Reduce -0.22%
913,652
-2,000
WRB
WR Berkley Corp
2025-12-31
Reduce
Reduce
-0.01%
●
66.61 ($73.67) 78.46
$76.28
3.54%
Reduce -0.5%
260,150
-1,300
JOE
The St. Joe Co
2025-09-30
Reduce
Reduce
-2.43%
●
48.26 ($50.41) 52.64
$62.21
23.41%
Reduce -3.1%
19,578,367
-625,800
BRK.B
Berkshire Hathaway Inc
2025-09-30
Reduce
Reduce
-0.01%
●
459.11 ($484.36) 506.91
$509.36
5.16%
Reduce -0.33%
48,437
-160
OZK
Bank OZK
2025-09-30
Reduce
Reduce
0%
●
47.4 ($51.08) 53.14
$51.12
0.08%
Reduce -0.12%
915,652
-1,100
OZK
Bank OZK
2025-06-30
Add
Add
+1.09%
●
37.58 ($43.74) 47.34
$51.12
16.87%
Add 45.15%
916,752
285,150
OXY
Occidental Petroleum Corp
2025-06-30
Add
Add
+0.05%
●
36.11 ($41.92) 49.36
$55.88
33.30%
Add 27.26%
69,100
14,800
BRK.B
Berkshire Hathaway Inc
2025-06-30
Reduce
Reduce
-0.01%
●
483.48 ($508.26) 539.8
$509.36
0.22%
Reduce -0.25%
48,597
-120
JOE
The St. Joe Co
2025-06-30
Reduce
Reduce
-0.01%
●
40.82 ($44.75) 49.27
$62.21
39.02%
Reduce -0.01%
20,204,167
-2,700
JOE
The St. Joe Co
2025-03-31
Reduce
Reduce
-1.56%
●
43.61 ($46.79) 49.45
$62.21
32.96%
Reduce -1.99%
20,206,867
-410,600
ET
Energy Transfer LP
2025-03-31
Reduce
Reduce
-1.13%
●
17.26 ($19.48) 21.08
$20.45
4.98%
Reduce -80.47%
166,600
-686,300
OXY
Occidental Petroleum Corp
2025-03-31
Add
Add
+0.18%
●
45.45 ($48.82) 52.7
$55.88
14.46%
Add 503.33%
54,300
45,300
FANG
Diamondback Energy Inc
2025-03-31
New Buy
New Buy
+0.05%
●
139.9 ($161.26) 180.18
$198.72
23.23%
New holding
4,000
4,000
OZK
Bank OZK
2025-03-31
Reduce
Reduce
-0.04%
●
41.71 ($47.3) 53.1
$51.12
8.08%
Reduce -1.83%
631,602
-11,800
CNR
Core Natural Resources Inc
2025-03-31
New Buy
New Buy
+0.03%
●
67.32 ($84.48) 108.01
$77.64
-8.09%
New holding
5,000
5,000
EPD
Enterprise Products Partners LP
2025-03-31
Add
Add
0%
●
31.75 ($33.3) 34.14
$38.98
17.07%
Add 0.03%
5,450,400
1,500
JOE
The St. Joe Co
2024-12-31
Reduce
Reduce
-2.11%
●
43.8 ($51.65) 59.69
$62.21
20.45%
Reduce -2.5%
20,617,467
-528,600
ET
Energy Transfer LP
2024-12-31
New Buy
New Buy
+1.41%
●
16.05 ($17.73) 19.86
$20.45
15.34%
New holding
852,900
852,900
BRK.B
Berkshire Hathaway Inc
2024-12-31
Reduce
Reduce
-0.04%
●
442.29 ($461.8) 483.08
$509.36
10.30%
Reduce -2.71%
48,717
-1,355
OXY
Occidental Petroleum Corp
2024-12-31
New Buy
New Buy
+0.04%
●
45.36 ($50.46) 55.91
$55.88
10.74%
New holding
9,000
9,000
OZK
Bank OZK
2024-12-31
Reduce
Reduce
-0.03%
●
41.39 ($45.8) 50.55
$51.12
11.62%
Reduce -1.49%
643,402
-9,700
EOG
EOG Resources Inc
2024-12-31
New Buy
New Buy
+0.02%
●
118.22 ($127.78) 136.54
$145.22
13.64%
New holding
2,000
2,000
EPD
Enterprise Products Partners LP
2024-12-31
Add
Add
+0.01%
●
28.66 ($30.74) 34.43
$38.98
26.82%
Add 0.05%
5,448,900
2,500
JOE
The St. Joe Co
2024-09-30
Reduce
Reduce
-1.47%
●
52.59 ($58.61) 63.7
$62.21
6.14%
Reduce -1.74%
21,146,067
-374,100
OZK
Bank OZK
2024-09-30
Add
Add
+0.31%
●
39.66 ($42.58) 47.08
$51.12
20.06%
Add 19.06%
653,102
104,552
WRB
WR Berkley Corp
2024-09-30
Add
Add
+0.29%
●
51.54 ($56.15) 60.58
$76.28
35.85%
Add 39.55%
261,450
74,100
EPD
Enterprise Products Partners LP
2024-09-30
Add
Add
+0.02%
●
27.88 ($29.21) 30
$38.98
33.46%
Add 0.15%
5,446,400
8,100
BRK.B
Berkshire Hathaway Inc
2024-09-30
Add
Add
0%
●
405.19 ($442.18) 478.57
$509.36
15.19%
Add 0.24%
50,072
120
JOE
The St. Joe Co
2024-06-30
Reduce
Reduce
-3.81%
●
52.56 ($56.3) 59.1
$62.21
10.50%
Reduce -4.41%
21,520,167
-992,981
OZK
Bank OZK
2024-06-30
Add
Add
+0.66%
●
37.85 ($43.51) 49.21
$51.12
17.49%
Add 69.04%
548,550
224,050
BRK.B
Berkshire Hathaway Inc
2024-06-30
Add
Add
+0.03%
●
396.73 ($408.62) 420.24
$509.36
24.65%
Add 2.03%
49,952
994
WRB
WR Berkley Corp
2024-06-30
Reduce
Reduce
-0.01%
●
51.1 ($53.56) 58.33
$76.28
42.42%
Reduce -1.34%
187,350
-1,700
EPD
Enterprise Products Partners LP
2024-06-30
Add
Add
0%
●
27.74 ($28.67) 29.88
$38.98
35.98%
Add 0.03%
5,438,300
1,700
BRK.B
Berkshire Hathaway Inc
2024-03-31
Reduce
Reduce
-1.69%
●
359.29 ($393.34) 420.52
$509.36
29.49%
Reduce -60.18%
48,958
-74,000
OZK
Bank OZK
2024-03-31
Add
Add
+0.83%
●
41.6 ($44.77) 49.75
$51.12
14.18%
Add 533.79%
324,500
273,300
JOE
The St. Joe Co
2024-03-31
Reduce
Reduce
-0.64%
●
51.82 ($55.21) 58.83
$62.21
12.68%
Reduce -0.73%
22,513,148
-166,000
EPD
Enterprise Products Partners LP
2024-03-31
Add
Add
+0.44%
●
26.23 ($27.46) 29.18
$38.98
41.97%
Add 4.38%
5,436,600
228,200
BRK.B
Berkshire Hathaway Inc
2023-12-31
Add
Add
+1.64%
●
331.71 ($350.99) 362.68
$509.36
45.12%
Add 139.81%
122,958
71,685
OZK
Bank OZK
2023-12-31
Reduce
Reduce
-0.25%
●
35.16 ($41.21) 51.61
$51.12
24.05%
Reduce -65.29%
51,200
-96,300
EPD
Enterprise Products Partners LP
2023-12-31
Add
Add
+0.24%
●
25.89 ($26.64) 27.68
$38.98
46.34%
Add 2.85%
5,208,400
144,200
HOMB
Home BancShares Inc
2023-12-31
Sold Out
Sold Out
-0.15%
●
19.96 ($22.29) 25.69
$31.47
41.18%
Sold Out
0
-103,400
JOE
The St. Joe Co
2023-12-31
Reduce
Reduce
-0.13%
●
46.17 ($52.62) 60.98
$62.21
18.23%
Reduce -0.14%
22,679,148
-32,600
WRB
WR Berkley Corp
2023-12-31
Reduce
Reduce
-0.01%
●
41.63 ($45.63) 49.1
$76.28
67.17%
Reduce -1.25%
189,900
-1,600
JOE
The St. Joe Co
2023-09-30
Reduce
Reduce
-3.93%
●
48.45 ($57.76) 64.56
$62.21
7.70%
Reduce -4.49%
22,711,748
-1,068,700
EPD
Enterprise Products Partners LP
2023-09-30
Add
Add
+1.27%
●
26.25 ($26.75) 27.42
$38.98
45.74%
Add 14.75%
5,064,200
651,000
CMC
Commercial Metals Co
2023-09-30
Sold Out
Sold Out
-0.52%
●
49.27 ($54.37) 57.86
$69.07
27.04%
Sold Out
0
-128,800
OZK
Bank OZK
2023-09-30
New Buy
New Buy
+0.39%
●
36.3 ($40.51) 44.67
$51.12
26.19%
New holding
147,500
147,500
BRK.B
Berkshire Hathaway Inc
2023-09-30
Reduce
Reduce
-0.38%
●
340.9 ($354.77) 370.48
$509.36
43.57%
Reduce -22.22%
51,273
-14,647
ET
Energy Transfer LP
2023-09-30
Sold Out
Sold Out
-0.26%
●
12.56 ($13.26) 14.03
$20.45
54.22%
Sold Out
0
-268,700
CMA Unlock Delisted
Comerica Inc
2023-09-30
Sold Out
Sold Out
-0.20%
●
39.95 ($47.42) 53.96
$88.67
86.99%
Sold Out
0
-61,700
KEY
KeyCorp
2023-09-30
Sold Out
Sold Out
-0.18%
●
9.43 ($11.07) 12.57
$22.48
103.03%
Sold Out
0
-257,900
USB
U.S. Bancorp
2023-09-30
Sold Out
Sold Out
-0.18%
●
32.47 ($36.43) 40.23
$63.63
74.66%
Sold Out
0
-73,600
HOMB
Home BancShares Inc
2023-09-30
New Buy
New Buy
+0.15%
●
20.62 ($22.76) 24.98
$31.47
38.27%
New holding
103,400
103,400
AAPL
Apple Inc
2023-09-30
Reduce
Reduce
-0.03%
●
170.43 ($183.38) 196.45
$341.83
86.41%
Reduce -43.66%
2,400
-1,860
WRB
WR Berkley Corp
2023-09-30
Reduce
Reduce
-0.01%
●
39.29 ($41.4) 43.77
$76.28
84.25%
Reduce -2.29%
192,300
-3,000
CMC
Commercial Metals Co
2023-06-30
Reduce
Reduce
-4.63%
●
42.75 ($46.69) 52.66
$69.07
47.93%
Reduce -89.88%
128,800
-1,144,100
JOE
The St. Joe Co
2023-06-30
Reduce
Reduce
-1.24%
●
40.18 ($43.54) 48.39
$62.21
42.88%
Reduce -1.5%
23,780,448
-361,000
WRB
WR Berkley Corp
2023-06-30
New Buy
New Buy
+0.59%
●
37.12 ($39.36) 42.24
$76.28
93.80%
New holding
196,800
131,200
EPD
Enterprise Products Partners LP
2023-06-30
Add
Add
+0.46%
●
25.27 ($26.13) 27.01
$38.98
49.20%
Add 5.51%
4,413,200
230,400
C
Citigroup Inc
2023-06-30
Sold Out
Sold Out
-0.32%
●
44.23 ($46.84) 50.4
$128.95
175.30%
Sold Out
0
-82,500
INTC
Intel Corp
2023-06-30
Sold Out
Sold Out
-0.26%
●
27.4 ($31.41) 36.37
$84.76
169.85%
Sold Out
0
-94,500
WBA Unlock Delisted
Walgreens Boots Alliance Inc
2023-06-30
Sold Out
Sold Out
-0.21%
●
28.37 ($32.61) 36.31
$11.98
-63.26%
Sold Out
0
-74,000
CMA Unlock Delisted
Comerica Inc
2023-06-30
New Buy
New Buy
+0.20%
●
31.21 ($40.46) 47.09
$88.67
119.15%
New holding
61,700
61,700
KEY
KeyCorp
2023-06-30
New Buy
New Buy
+0.18%
●
8.93 ($10.47) 12.52
$22.48
114.66%
New holding
257,900
257,900
USB
U.S. Bancorp
2023-06-30
New Buy
New Buy
+0.18%
●
28.68 ($32.38) 36.05
$63.63
96.51%
New holding
73,600
73,600
BRK.B
Berkshire Hathaway Inc
2023-06-30
Add
Add
+0.16%
●
308.77 ($326.09) 341
$509.36
56.20%
Add 10.67%
65,920
6,355
MMP Unlock Delisted
Magellan Midstream Partners LP
2023-06-30
Sold Out
Sold Out
-0.13%
●
53.83 ($58.31) 62.67
$69.00
18.33%
Sold Out
0
-28,600
CMC
Commercial Metals Co
2023-03-31
Reduce
Reduce
-3.86%
●
43.24 ($51.8) 57.11
$69.07
33.34%
Reduce -42.87%
1,272,900
-955,300
ORI
Old Republic International Corp
2023-03-31
Sold Out
Sold Out
-0.64%
●
23.43 ($25.17) 26.7
$44.58
77.12%
Sold Out
0
-316,100
JOE
The St. Joe Co
2023-03-31
Reduce
Reduce
-0.48%
●
38.84 ($42.82) 47.67
$62.21
45.28%
Reduce -0.61%
24,141,448
-147,000
INTC
Intel Corp
2023-03-31
Reduce
Reduce
-0.40%
●
24.9 ($28.33) 32.67
$84.76
199.19%
Reduce -65.92%
94,500
-182,800
C
Citigroup Inc
2023-03-31
Reduce
Reduce
-0.34%
●
43.11 ($49.07) 52.35
$128.95
162.79%
Reduce -52.15%
82,500
-89,900
MMP Unlock Delisted
Magellan Midstream Partners LP
2023-03-31
New Buy
New Buy
+0.13%
●
50.18 ($52.99) 54.7
$69.00
30.21%
New holding
28,600
28,600
EPD
Enterprise Products Partners LP
2023-03-31
Add
Add
+0.09%
●
24.23 ($25.69) 26.78
$38.98
51.75%
Add 0.97%
4,182,800
40,000
BABA
Alibaba Group Holding Ltd
2023-03-31
Sold Out
Sold Out
-0.06%
●
81 ($100.17) 120.57
$114.67
14.48%
Sold Out
0
-7,610
BRK.B
Berkshire Hathaway Inc
2023-03-31
Reduce
Reduce
-0.06%
●
293.51 ($308.18) 320.37
$509.36
65.28%
Reduce -3.86%
59,565
-2,390
BRK.B
Berkshire Hathaway Inc
2022-12-31
Reduce
Reduce
-0.92%
●
264 ($296.98) 318.6
$509.36
71.51%
Reduce -36.47%
61,955
-35,570
100/Page
Total 334
  • 1
  • 2
  • 3
  • 4

Bruce Berkowitz News

  • 1

Discussions on Bruce Berkowitz

No discussions yet.
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文
Education
Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2026 GuruFocus.com, LLC. All Rights Reserved.