Bruce Berkowitz runs Fairholme Capital Management LLC. Morningstar's Domestic Stock Manager of the Decade (2000–2009). Deep contrarian, hyper-concentrated, willing to go all-in on hated situations — financials post-2008, St. Joe land holdings — when everyone else is running. As of the Q2 2026 13F filing, the disclosed long-equity portfolio is valued at $1.5B across 12 positions. The largest holdings are ST JOE CO, ENTERPRISE PRODS PARTNERS L, and BERKSHIRE HATHAWAY INC DEL (ST JOE CO alone is 76.4% of the book).

New positions opened in the latest quarter include PFIZER INC, THE CAMPBELLS COMPANY, and UNITED PARCEL SVCS INC.

Bruce Berkowitz runs Fairholme Capital Management LLC. Morningstar's Domestic Stock Manager of the Decade (2000–2009). Deep contrarian, hyper-concentrated, willing to go all-in on hated situations — financials post-2008, St. Joe land holdings — when everyone else is running. As of the Q2 2026 13F filing, the disclosed long-equity portfolio is valued at $1.5B across 12 positions. The largest holdings are ST JOE CO, ENTERPRISE PRODS PARTNERS L, and BERKSHIRE HATHAWAY INC DEL (ST JOE CO alone is 76.4% of the book).

New positions opened in the latest quarter include PFIZER INC, THE CAMPBELLS COMPANY, and UNITED PARCEL SVCS INC.