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Bruce Berkowitz | FAIRX
Mutual Fund | |
| Fairholme Capital Management | |
| Last update 2023-02-14 | 12 Stocks (0 new) |
| Value $1.20 Bil | Turnover 1 % |
| Portfolio Report | |
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.
Bruce Berkowitz's Portfolio
Bruce Berkowitz Current Holdings
| Ticker | | Company | Industry | Market Cap $Mil | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | | Company | Industry | Market Cap $Mil | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % |
EPD | Enterprise Products Partners LP | Oil & Gas | 54,943.11 | 4,142,800 | 99,924.34 | +6.70% | 8.36 | +0.52% | 0.19 | +7.72% | +6.97% | |
ORI | Old Republic International Corp | Insurance | 7,134.46 | 316,100 | 7,633.82 | 0% | 0.64 | 0% | 0.10 | +0.02% | +0.43% | |
ET | Energy Transfer LP | Oil & Gas | 36,206.75 | 268,700 | 3,189.47 | 0% | 0.27 | 0% | 0.01 | +0.38% | +1.14% | |
WBA | Walgreens Boots Alliance Inc | Healthcare Providers & Services | 28,203.87 | 74,000 | 2,764.64 | 0% | 0.23 | 0% | 0.01 | -14.11% | -11.19% | |
AAPL | Apple Inc | Hardware | 2,535,466.85 | 4,260 | 553.50 | 0% | 0.05 | 0% | 0 | +21.70% | +23.51% | |
BRK.A | Berkshire Hathaway Inc | Insurance | 655,471.84 | 1 | 468.71 | 0% | 0.04 | 0% | 0 | -2.23% | -3.34% | |
JOE | The St. Joe Co | Real Estate | 2,299.59 | 24,288,448 | 938,748.52 | -0.74% | 78.50 | -0.56% | 41.63 | +2.44% | +2.25% | |
C | Citigroup Inc | Banks | 83,912.09 | 172,400 | 7,797.65 | -0.98% | 0.65 | -0.01% | 0.01 | -1.45% | -3.56% | |
CMC | Commercial Metals Co | Steel | 5,450.64 | 2,228,200 | 107,622.06 | -6.29% | 9.00 | -0.52% | 1.90 | -4.30% | -3.31% | |
BRK.B | Berkshire Hathaway Inc | Insurance | 655,471.84 | 61,955 | 19,137.90 | -36.47% | 1.60 | -0.92% | 0 | -2.47% | -3.23% | |
BABA | Alibaba Group Holding Ltd | Retail - Cyclical | 224,853.75 | 7,610 | 670.37 | -50.90% | 0.06 | -0.06% | 0 | +1.46% | -1.35% | |
INTC | Intel Corp | Semiconductors | 121,462.32 | 277,300 | 7,329.04 | -52.62% | 0.61 | -0.77% | 0.01 | +13.93% | +12.47% | |
KMI | Kinder Morgan Inc | Oil & Gas | 37,743.97 | 0 | 0 | Sold Out | 0 | -0.57% | 0 | -5.91% | -5.60% |
Total 13
