 | |
Bruce Berkowitz | FAIRXMutual Fund | |
| Fairholme Capital Management | |
| Last update 2025-05-15 | 12 Stocks (2 new) |
| Value $1.22 Bil | Turnover 0 % |
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 Portfolio and Latest Trades
| Ticker |
|---|
| Ticker |
JOE |
ET |
OXY |
FANG |
OZK |
CNR |
EPD |
JOE |
ET |
BRK.B |
OXY |
OZK |
EOG |
EPD |
JOE |
OZK |
WRB |
EPD |
BRK.B |
JOE |
OZK |
BRK.B |
WRB |
EPD |
BRK.B |
OZK |
JOE |
EPD |
BRK.B |
OZK |
EPD |
HOMB |
JOE |
WRB |
JOE |
EPD |
CMC |
OZK |
BRK.B |
ET |
CMA |
KEY |
USB |
HOMB |
AAPL |
WRB |
| Ticker | | Company | Date | Action | Impact % | Price Range | Price | Price Change from Avrg% | Comment | Current Shares | Share Change |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | | Company | Date | Action | Impact % | Price Range | Price | Price Change from Avrg% | Comment | Current Shares | Share Change |
JOE | The St. Joe Co | 2025-03-31 | Reduce Reduce | -1.56% | 43.61 ($46.79) 49.45 | $49.50 | 5.79% | 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 | $17.97 | -7.75% | Reduce -80.47% | 166,600 | -686,300 | |
OXY | Occidental Petroleum Corp | 2025-03-31 | Add Add | +0.18% | 45.45 ($48.82) 52.7 | $43.80 | -10.28% | 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 | $140.90 | -12.63% | New holding | 4,000 | 4,000 | |
OZK | Bank OZK | 2025-03-31 | Reduce Reduce | -0.04% | 41.71 ($47.3) 53.1 | $51.00 | 7.82% | 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 | $72.78 | -13.85% | New holding | 5,000 | 5,000 | |
EPD | Enterprise Products Partners LP | 2025-03-31 | Add Add | 0% | 31.75 ($33.3) 34.14 | $31.51 | -5.38% | 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 | $49.50 | -4.16% | 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 | $17.97 | 1.35% | New holding | 852,900 | 852,900 | |
BRK.B | Berkshire Hathaway Inc | 2024-12-31 | Reduce Reduce | -0.04% | 442.29 ($461.8) 483.08 | $485.00 | 5.02% | 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 | $43.80 | -13.20% | New holding | 9,000 | 9,000 | |
OZK | Bank OZK | 2024-12-31 | Reduce Reduce | -0.03% | 41.39 ($45.8) 50.55 | $51.00 | 11.35% | 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 | $123.15 | -3.62% | New holding | 2,000 | 2,000 | |
EPD | Enterprise Products Partners LP | 2024-12-31 | Add Add | +0.01% | 28.66 ($30.74) 34.43 | $31.51 | 2.50% | 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 | $49.50 | -15.54% | Reduce -1.74% | 21,146,067 | -374,100 | |
OZK | Bank OZK | 2024-09-30 | Add Add | +0.31% | 39.66 ($42.58) 47.08 | $51.00 | 19.77% | Add 19.06% | 653,102 | 104,552 | |
WRB | WR Berkley Corp | 2024-09-30 | Add Add | +0.29% | 51.54 ($56.15) 60.58 | $71.49 | 27.32% | Add 39.55% | 261,450 | 74,100 | |
EPD | Enterprise Products Partners LP | 2024-09-30 | Add Add | +0.02% | 27.88 ($29.21) 30 | $31.51 | 7.87% | 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 | $485.00 | 9.68% | Add 0.24% | 50,072 | 120 | |
JOE | The St. Joe Co | 2024-06-30 | Reduce Reduce | -3.81% | 52.56 ($56.3) 59.1 | $49.50 | -12.08% | Reduce -4.41% | 21,520,167 | -992,981 | |
OZK | Bank OZK | 2024-06-30 | Add Add | +0.66% | 37.85 ($43.51) 49.21 | $51.00 | 17.21% | 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 | $485.00 | 18.69% | Add 2.03% | 49,952 | 994 | |
WRB | WR Berkley Corp | 2024-06-30 | Reduce Reduce | -0.01% | 51.1 ($53.56) 58.33 | $71.49 | 33.48% | Reduce -1.34% | 187,350 | -1,700 | |
EPD | Enterprise Products Partners LP | 2024-06-30 | Add Add | 0% | 27.74 ($28.67) 29.88 | $31.51 | 9.91% | 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 | $485.00 | 23.30% | Reduce -60.18% | 48,958 | -74,000 | |
OZK | Bank OZK | 2024-03-31 | Add Add | +0.83% | 41.6 ($44.77) 49.75 | $51.00 | 13.92% | 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 | $49.50 | -10.34% | 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 | $31.51 | 14.75% | 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 | $485.00 | 38.18% | Add 139.81% | 122,958 | 71,685 | |
OZK | Bank OZK | 2023-12-31 | Reduce Reduce | -0.25% | 35.16 ($41.21) 51.61 | $51.00 | 23.76% | 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 | $31.51 | 18.28% | 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 | $29.81 | 33.74% | Sold Out | 0 | -103,400 | |
JOE | The St. Joe Co | 2023-12-31 | Reduce Reduce | -0.13% | 46.17 ($52.62) 60.98 | $49.50 | -5.93% | 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 | $71.49 | 56.67% | 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 | $49.50 | -14.30% | 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 | $31.51 | 17.79% | 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 | $52.41 | -3.60% | Sold Out | 0 | -128,800 | |
OZK | Bank OZK | 2023-09-30 | New Buy New Buy | +0.39% | 36.3 ($40.51) 44.67 | $51.00 | 25.89% | New holding | 147,500 | 147,500 | |
BRK.B | Berkshire Hathaway Inc | 2023-09-30 | Reduce Reduce | -0.38% | 340.9 ($354.77) 370.48 | $485.00 | 36.71% | 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 | $17.97 | 35.52% | Sold Out | 0 | -268,700 | |
CMA | Comerica Inc | 2023-09-30 | Sold Out Sold Out | -0.20% | 39.95 ($47.42) 53.96 | $63.78 | 34.50% | Sold Out | 0 | -61,700 | |
KEY | KeyCorp | 2023-09-30 | Sold Out Sold Out | -0.18% | 9.43 ($11.07) 12.57 | $18.46 | 66.76% | Sold Out | 0 | -257,900 | |
USB | U.S. Bancorp | 2023-09-30 | Sold Out Sold Out | -0.18% | 32.47 ($36.43) 40.23 | $47.93 | 31.57% | Sold Out | 0 | -73,600 | |
HOMB | Home BancShares Inc | 2023-09-30 | New Buy New Buy | +0.15% | 20.62 ($22.76) 24.98 | $29.81 | 30.98% | New holding | 103,400 | 103,400 | |
AAPL | Apple Inc | 2023-09-30 | Reduce Reduce | -0.03% | 170.43 ($183.38) 196.45 | $213.55 | 16.45% | Reduce -43.66% | 2,400 | -1,860 | |
WRB | WR Berkley Corp | 2023-09-30 | Reduce Reduce | -0.01% | 39.29 ($41.4) 43.77 | $71.49 | 72.68% | Reduce -2.29% | 192,300 | -3,000 |
Total 46
Bruce Berkowitz News
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