Fairholme Capital Management LLC

Bought Kraft Heinz, sold out of CF Inds Hldgs. Portfolio up 6% to $1.5B.

$1.5B portfolio10 holdingstop 10 = 100%filed 2026-05-15

1JOEST Joe Co79.67%
$1.2B - 19.2M shares-212K
2EPDEnterprise Prods Partners 13.63%
$206.4M - 5.5M shares+5K
3OZKBank Ozk2.79%
$42.3M - 921K shares+8K
4Berkshire Hathaway Inc Del1.60%
$24.2M - 50K shares+2K
5WRBWR Berkley Corp1.12%
$17.0M - 256K shares-4K
6PGRProgressive Corp0.87%
$13.2M - 66K shares+41K
7KHCKraft Heinz Co0.16%
$2.4M - 105K sharesNEW
8Berkshire Hathaway Inc Del0.09%
$1.4M - 2 shares+1
9AAPLApple Inc0.04%
$609K - 2K shares-
10HOMBHome Bancshares Inc0.02%
$326K - 12K sharesNEW

#	Stock
1	JOEST Joe Co	79.67%	$1.2B	19.2M	-212K
2	EPDEnterprise Prods Partners	13.63%	$206.4M	5.5M	+5K
3	OZKBank Ozk	2.79%	$42.3M	921K	+8K
4	Berkshire Hathaway Inc Del	1.60%	$24.2M	50K	+2K
5	WRBWR Berkley Corp	1.12%	$17.0M	256K	-4K
6	PGRProgressive Corp	0.87%	$13.2M	66K	+41K
7	KHCKraft Heinz Co	0.16%	$2.4M	105K	NEW
8	Berkshire Hathaway Inc Del	0.09%	$1.4M	2	+1
9	AAPLApple Inc	0.04%	$609K	2K	-
10	HOMBHome Bancshares Inc	0.02%	$326K	12K	NEW

What a 13F does not show

Filed up to 45 days after the quarter ends, so this is Q1 2026, not today. US-listed shares and some options only. No short bets, cash, bonds, or foreign listings.