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 Q1 2026 13F filing, the disclosed long-equity portfolio is valued at $1.5B across 9 positions. The largest holdings are ST JOE CO, ENTERPRISE PRODS PARTNERS L, and BANK OZK (ST JOE CO alone is 79.7% of the book).

New positions opened in the latest quarter include HOME BANCSHARES INC and KRAFT HEINZ CO. Recently exited names: CF INDS HLDGS INC, DIAMONDBACK ENERGY INC, and ENERGY TRANSFER L P.

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 Q1 2026 13F filing, the disclosed long-equity portfolio is valued at $1.5B across 9 positions. The largest holdings are ST JOE CO, ENTERPRISE PRODS PARTNERS L, and BANK OZK (ST JOE CO alone is 79.7% of the book).

New positions opened in the latest quarter include HOME BANCSHARES INC and KRAFT HEINZ CO. Recently exited names: CF INDS HLDGS INC, DIAMONDBACK ENERGY INC, and ENERGY TRANSFER L P.