Fairholme Fund

Last Update: 05-17-2017
Related: Bruce Berkowitz
Fairholme Focused Income Fund

Number of Stocks: 25
Number of New Stocks: 0

Total Value: $1,731 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 (%)
201625.6811.9613.7
2015-11.481.38-12.9
2014-2.7213.69-16.4
3-Year Cumulative8.2 (2.7%/year)29 (8.9%/year)-20.8 (-6.2%/year)
201335.5432.393.2
201235.811619.8
5-Year Cumulative99.2 (14.8%/year)98.2 (14.7%/year)1 (0.1%/year)
2011-32.422.11-34.5
201025.4715.0610.4
200939.0126.4612.5
2008-29.7-377.3
200712.355.496.9
10-Year Cumulative85.5 (6.4%/year)95.7 (6.9%/year)-10.2 (-0.5%/year)
200616.7115.790.9
200513.744.918.8
200424.9310.8814.1
200323.9628.68-4.7
2002-1.58-22.120.5
15-Year Cumulative275.2 (9.2%/year)164.2 (6.7%/year)111 (2.5%/year)
20016.18-11.8918.1
200046.54-9.155.6

Top Ranked Articles

Fairholme, Longleaf Overcome Painful Year to Lead Best Funds of 2016 Berkowitz and Hawkins land in top 10 and currently like cash
The peaks and valleys that define the chart of the Fairholme Fund (Trades, Portfolio)’s performance jutted to a new summit in 2016, proclaiming to investors that a mere $10 laid in the hands of Bruce Berkowitz (Trades, Portfolio) in 2000 would be worth $62.21 today. Far below, at base camp, investors entrusting the same amount to the comparatively plodding and oxygen-starved S&P 500, after clocking another year in its hike, get $20.84 back. Read more...
Bruce Berkowitz Increases 3 Positions in 2nd Quarter Guru reports quarterly portfolio
Established Dec. 29, 1999, the Fairholme Fund (Trades, Portfolio) seeks long-term capital growth through various equity securities, including common company stock and real-estate investment trust interests. Read more...
Fairholme Fund Exited 4 Positions in 2nd Quarter Guru sells holdings in NOW, MRC Global, Freddie Mac, Fannie Mae
Fairholme Fund (Trades, Portfolio) exited its positions in four stocks in the second quarter. Read more...
» More Fairholme Fund Articles

Commentaries and Stories

  • Currently 4.73/5

Rating: 4.7/5 (15 votes)

The Complete List of 4th Quarter 2016 Hedge Fund Letters to Investors Read everything from Ackman to Buffett to Klarman here, from Vintage Value Investing Dodge & Cox,Fairholme Fund - The Complete List Of 4th Quarter 2016 Hedge Fund Letters To Investors
This wide-ranging list is published here thanks to Vintage Value Investing. More...

  • Currently 5.00/5

Rating: 5.0/5 (4 votes)

Fairholme, Longleaf Overcome Painful Year to Lead Best Funds of 2016 Berkowitz and Hawkins land in top 10 and currently like cash Fairholme Fund,Mason Hawkins - Fairholme, Longleaf Overcome Painful Year To Lead Best Funds Of 2016
The peaks and valleys that define the chart of the Fairholme Fund (Trades, Portfolio)’s performance jutted to a new summit in 2016, proclaiming to investors that a mere $10 laid in the hands of Bruce Berkowitz (Trades, Portfolio) in 2000 would be worth $62.21 today. Far below, at base camp, investors entrusting the same amount to the comparatively plodding and oxygen-starved S&P 500, after clocking another year in its hike, get $20.84 back. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Sears Holdings' Spin-Off Seritage Can Develop Land The company can redevelop its Sears and K-Mart locations Fairholme Fund - Sears Holdings' Spin-Off Seritage Can Develop Land
Seritage (NYSE:SRG) is the real estate holding spin-off from Sears Holdings (NASDAQ:SHLD) and has the ability to develop a lot of its land. The stock is a major holding of Fairholme and Edward Lampert’s hedge funds. More...

MALLS, SEARS


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bruce Berkowitz Increases 3 Positions in 2nd Quarter Guru reports quarterly portfolio Bruce Berkowitz,Fairholme Fund - Bruce Berkowitz Increases 3 Positions In 2nd Quarter
Established Dec. 29, 1999, the Fairholme Fund (Trades, Portfolio) seeks long-term capital growth through various equity securities, including common company stock and real-estate investment trust interests. More...

BRUCE BERKOWITZ


  • Currently 1.00/5

Rating: 1.0/5 (1 vote)

Fairholme Fund Exited 4 Positions in 2nd Quarter Guru sells holdings in NOW, MRC Global, Freddie Mac, Fannie Mae Fairholme Fund - Fairholme Fund Exited 4 Positions In 2nd Quarter
Fairholme Fund (Trades, Portfolio) exited its positions in four stocks in the second quarter. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

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...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

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...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

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


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

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...

  • Currently 2.50/5

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...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

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

  • Currently 3.00/5

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...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

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...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

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,


  • Currently 2.00/5

Rating: 2.0/5 (3 votes)

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

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


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

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


  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

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,


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

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

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