Fairholme Capital Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Bruce Berkowitz's Fairholme Capital Management reported 12 stock positions worth $1.2 billion. Its top holding was St Joe (JOE) at 78.5% of the portfolio, followed by Enterprise Products Partners (EPD, 13.8%) and Bank Ozk (OZK, 3.5%). Compared with Q1 2025, it added to 2 and reduced 2. The biggest buy was Bank Ozk (OZK, shares +45%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −0%).
- Most Recent 13F
- Q2 2026
- Notable People
- Bruce Berkowitz
- Location
- South Miami, FL
- CIK
- 0001056831
- Portfolio Value
- $1.2B (Q2 2025)
- SEC Filing
- 0000919574-25-004911 ↗ filed Aug 14, 2025
Holdings Value
Holdings 12 stocks · $1.2B
| JOE The St Joe Co. | 78.54% | 20,204,167 | $963.7M | Reduce -0.0% |
| EPD Enterprise Products Partners | 13.77% | 5,450,400 | $169.0M | No change |
| OZK Bank Ozk | 3.52% | 916,752 | $43.1M | Add +45.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.92% | 48,597 | $23.6M | Reduce -0.3% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 1.57% | 261,450 | $19.2M | No change |
| ET Energy Transfer LP | 0.25% | 166,600 | $3.0M | No change |
| OXY Occidental Petroleum Corp. | 0.24% | 69,100 | $2.9M | Add +27.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.06% | 1 | $729K | No change |
| FANG Diamondback Energy Inc. | 0.04% | 4,000 | $550K | No change |
| AAPL Apple Inc. | 0.04% | 2,400 | $495K | No change |
| CNR Core Natural Resources Inc. | 0.03% | 5,000 | $349K | No change |
| EOG EOG Resources Inc. | 0.02% | 2,000 | $239K | No change |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 13 | $1.5B | JOE, EPD, OZK, BRK.B, WRB |
| Q1 2026 | 10 | $1.5B | JOE, EPD, OZK, BRK.B, WRB |
| Q4 2025 | 15 | $1.4B | JOE, EPD, OZK, BRK.B, WRB |
| Q3 2025 | 12 | $1.2B | JOE, EPD, OZK, BRK.B, WRB |
| Q2 2025 | 12 | $1.2B | JOE, EPD, OZK, BRK.B, WRB |
| Q1 2025 | 12 | $1.2B | JOE, EPD, OZK, BRK.B, WRB |
| Q4 2024 | 10 | $1.2B | JOE, EPD, OZK, BRK.B, ET |
| Q3 2024 | 7 | $1.5B | JOE, EPD, OZK, BRK.B, WRB |
| Q2 2024 | 7 | $1.4B | JOE, EPD, OZK, BRK.B, WRB |
| Q1 2024 | 7 | $1.5B | JOE, EPD, BRK.B, OZK, WRB |