Bruce Berkowitz

Bruce Berkowitz | FAIRX

Mutual Fund
Fairholme Capital Management
Last update 2024-11-14 7 Stocks (0 new)
Value $1.46 Bil Turnover 1 %
Countries:
Portfolio Report

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.
Bruce Berkowitz Top Holdings of 2024-09-30 View Full List
Ticker
Company
Shares
Value ($1000)
Shares Change %
Weighting %
Trade Impact %
% of Shares outstanding
3M Change %
YTD Change %
Market Cap $Mil
Industry
JOE
The St. Joe Co
21,146,067
1233027.170
-1.74%
84.520
-1.47%
36.210
-22.51%
+1.91%
2671.102
Real Estate
EPD
Enterprise Products Partners LP
5,446,400
158544.700
+0.15%
10.870
+0.02%
0.250
+12.55%
+3.80%
70532.889
Oil & Gas
OZK
Bank OZK
653,102
28076.860
+19.06%
1.920
+0.31%
0.580
-2.93%
-4.83%
4805.066
Banks
BRK.B
Berkshire Hathaway Inc
50,072
23046.140
+0.24%
1.580
0%
0.000
-3.39%
-1.91%
957481.928
Insurance
WRB
WR Berkley Corp
261,450
14832.060
+39.55%
1.020
+0.29%
0.070
-1.61%
-2.34%
21835.261
Insurance
BRK.A
Berkshire Hathaway Inc
1
691.180
0%
0.050
0%
0.000
-3.55%
-2.05%
957481.928
Insurance
AAPL
Apple Inc
2,400
559.200
0%
0.040
0%
0.000
+3.08%
-6.44%
3524877.666
Hardware

Bruce Berkowitz's Historical Top Holdings Breakdowns

Bruce Berkowitz's Top Stock Picks View Full List
Ticker
Company
Date
Action
Impact %
Price Range
Price
Price Change from Avrg%
Comment
Current Shares
Share Change
CMC
Commercial Metals Co2023-06-30Reduce
-4.63%
42.75 ($46.69) 52.66
$48.47
3.81%
Reduce -89.88%
128,800
-1,144,100
JOE
The St. Joe Co2023-09-30Reduce
-3.93%
48.45 ($57.76) 64.56
$45.74
-20.81%
Reduce -4.49%
22,711,748
-1,068,700
CMC
Commercial Metals Co2023-03-31Reduce
-3.86%
43.24 ($51.8) 57.11
$48.47
-6.43%
Reduce -42.87%
1,272,900
-955,300
JOE
The St. Joe Co2024-06-30Reduce
-3.81%
52.56 ($56.3) 59.1
$45.74
-18.76%
Reduce -4.41%
21,520,167
-992,981
BRK.B
Berkshire Hathaway Inc2024-03-31Reduce
-1.69%
359.29 ($393.34) 420.52
$443.91
12.86%
Reduce -60.18%
48,958
-74,000
BRK.B
Berkshire Hathaway Inc2023-12-31Add
+1.64%
331.71 ($350.99) 362.68
$443.91
26.47%
Add 139.81%
122,958
71,685
JOE
The St. Joe Co2024-09-30Reduce
-1.47%
52.59 ($58.61) 63.7
$45.74
-21.96%
Reduce -1.74%
21,146,067
-374,100
EPD
Enterprise Products Partners LP2023-09-30Add
+1.27%
26.25 ($26.75) 27.42
$32.54
21.64%
Add 14.75%
5,064,200
651,000
JOE
The St. Joe Co2023-06-30Reduce
-1.24%
40.18 ($43.54) 48.39
$45.74
5.05%
Reduce -1.5%
23,780,448
-361,000
OZK
Bank OZK2024-03-31Add
+0.83%
41.6 ($44.77) 49.75
$42.35
-5.39%
Add 533.79%
324,500
273,300

Bruce Berkowitz Total Holding History ($B)

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Bruce Berkowitz's Asset Allocation

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Bruce Berkowitz Past Portfolios

Portfolio Date Number of Stocks New Stocks Total Value ($Mil) Q/Q Turnover

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