What stocks does Bruce Berkowitz own?

As of Q2 2026, Fairholme Capital Management reported 13 positions with a combined 13F value of $1.5B. Its largest stock positions are JOE ($1.1B), EPD ($200.6M) and OZK ($48.0M).

How often does Fairholme Capital Management update its portfolio?

Fairholme Capital Management files a 13F with the SEC every quarter, due 45 days after quarter end. The latest covers Q2 2026 and was filed Aug 14, 2026. The next one is due by Nov 16, 2026.

What does Fairholme Capital Management's 13F leave out?

A 13F lists long positions in US-listed stocks and some options held on the last day of a quarter. It leaves out short positions, most bonds, holdings not listed in the US and anything bought or sold since the quarter ended.

Where does Fairholme Capital Management's portfolio data come from?

From the 13F filings Fairholme Capital Management makes to the SEC, available on EDGAR. Each quarter shows how positions changed from the one before.

Smart money

Fairholme Capital Management LLC

Bruce Berkowitz

Return history

Last 4 years · filing-date model

$100,000 to $203,992

$100,000 in SPY: $229,222.

Total return

+104%

Annualized (4Y CAGR)

+19.5%

vs SPY

−3.5 pts/yr

Moves a year

Avg hold

9.5 months

17 filings · quarters -13.8% to +39.6%

All time

+309% since Aug 14, 2013

Fund size $1B today

Oct 11, 2022 to Oct 10, 2026 · min. 99% quarterly priced · Disclosed book, unaudited · Method

Position-weighted returns use each SEC filing date. Options use underlying-stock proxies, not option premiums; put proxies can lose more than 100%. Cash, shorts, non-13F holdings and trades between filings are excluded.

New PFE and trimmed JOE in Q2 2026.

$1.5B in this filing13 positions

Holdings as of Jun 30, 2026. Filed Aug 14, 2026.

Share change vs Mar 31

1JOEST Joe Co76.43%
$1.1B - 18.2M shares-5.4%
2EPDEnterprise Prods Partners 13.46%
$200.6M - 5.5M shares-
3OZKBank Ozk3.22%
$48.0M - 921K shares-
4BRK.BBerkshire Hathaway Inc Del2.95%
$44.0M - 88K shares+74.1%
5WRBWR Berkley Corp1.21%
$18.1M - 256K shares-
6PGRProgressive Corp1.06%
$15.8M - 72K shares+8.7%
7BRK.ABerkshire Hathaway Inc Del0.55%
$8.2M - 11 shares+450.0%
8PFEPfizer Inc0.37%
$5.6M - 231K sharesNEW

#	Stock				At Jun 30	Now
1	JOEST Joe Co	76.43%	$1.1B	-5.4%	$62.63	$65.92 +5.3%
2	EPDEnterprise Prods Partners	13.46%	$200.6M	-	$36.76	$35.79 -2.6%
3	OZKBank Ozk	3.22%	$48.0M	-	$52.09	$44.93 -13.7%
4	BRK.BBerkshire Hathaway Inc Del	2.95%	$44.0M	+74.1%	$500.39	-
5	WRBWR Berkley Corp	1.21%	$18.1M	-	$70.53	$73.55 +4.3%
6	PGRProgressive Corp	1.06%	$15.8M	+8.7%	$218.45	$213.46 -2.3%
7	BRK.ABerkshire Hathaway Inc Del	0.55%	$8.2M	+450.0%	$748850.00	-
8	PFEPfizer Inc	0.37%	$5.6M	NEW	$24.08	$29.21 +21.3%

5 more on a paid plan

Unlock the full portfolio and quarterly changes.

Unlock all 5 holdings

What is missing

Top 10 concentration: 100%. This filing does not include cash, short positions, private investments, bonds, or many overseas holdings. Next filing due ~Nov 16, 2026.

Disclosed changes

Q2 2026 holdings. Exact trade dates are not disclosed.

BRK.B AddedView disclosure

Common questions

What stocks does Bruce Berkowitz own?: As of Q2 2026, Fairholme Capital Management reported 13 positions with a combined 13F value of $1.5B. Its largest stock positions are JOE ($1.1B), EPD ($200.6M) and OZK ($48.0M).
How often does Fairholme Capital Management update its portfolio?: Fairholme Capital Management files a 13F with the SEC every quarter, due 45 days after quarter end. The latest covers Q2 2026 and was filed Aug 14, 2026. The next one is due by Nov 16, 2026.
What does Fairholme Capital Management's 13F leave out?: A 13F lists long positions in US-listed stocks and some options held on the last day of a quarter. It leaves out short positions, most bonds, holdings not listed in the US and anything bought or sold since the quarter ended.
Where does Fairholme Capital Management's portfolio data come from?: From the 13F filings Fairholme Capital Management makes to the SEC, available on EDGAR. Each quarter shows how positions changed from the one before.