Q2 2026 holdings · 8 filings on record
Fairholme Capital Management LLC
Bruce Berkowitz
Fairholme Capital Management is an investment adviser in South Miami, Florida, founded in 1997. Bruce Berkowitz has been its chief investment officer since then, and he has been lead portfolio manager of The Fairholme Fund since the fund opened at the end of 1999. The fund seeks long-term growth of capital through a focused portfolio of stocks and bonds, and it can shift among asset classes and invest in special situations. Like the firm's Fairholme Focused Income Fund, it is non-diversified, so it can concentrate its money in fewer companies than a diversified fund. In 2010 Morningstar named Berkowitz its domestic-stock fund manager of the decade.
AI-written, awaiting an editor · as of Oct 31, 2026 · not from the filings · 4 sources
- Fairholme: Fund management fairholmefunds.com ↗
- SEC: Fairholme Funds prospectus and statement of additional information, March 2026 sec.gov ↗
- Morningstar: Fund managers of the decade (via MarketScreener) marketscreener.com ↗
- SEC: Form ADV, Fairholme Capital Management reports.adviserinfo.sec.gov ↗
Holdings
On June 30, 2026, Fairholme Capital Management LLC held 13 positions in US-listed stocks worth $1.5 billion. The ten largest were 99.8% of it.
What this filing cannot show
A 13F is a partial picture. Here is the part that is missing.
It lists long positions in US-listed stocks and options only. Not short positions, cash, ordinary bonds, anything listed only abroad, anything private, or anything bought and sold inside the quarter.
What is a 13F?
A quarterly SEC filing where large investment managers list the long positions in US-listed stocks and options they held at the end of the quarter. It is a snapshot, filed up to 45 days after that date.
Why is this list weeks old?
Managers have 45 days after each quarter ends to file, and most of the funds we track file on the last permitted day. So the newest list still describes where the fund stood weeks ago, and the market has moved since.
What does “behaves like” mean?
How many equal-sized positions would be exactly this concentrated. Ten positions of the same size behave like 10. Ten positions where one holds most of the money behave like fewer than 2. It is 1 divided by the sum of each position’s squared share of the total.
Why are two lines sometimes the same company?
Each line is one security as the manager filed it. Two share classes of one company, or a company’s stock and its convertible notes, are separate lines in the filing, and they stay separate here.
Filing history
8 filings on record.
| Quarter ended | Reported to the SEC | Positions | Source |
|---|---|---|---|
| Jun 30, 2026 | Aug 14, 2026 | 13 | Open the SEC filing ↗ |
| Mar 31, 2026 | May 15, 2026 | 10 | Open the SEC filing ↗ |
| Dec 31, 2025 | Feb 17, 2026 | 15 | Open the SEC filing ↗ |
| Sep 30, 2025 | Nov 14, 2025 | 12 | Open the SEC filing ↗ |
| Jun 30, 2025 | Aug 14, 2025 | 12 | Open the SEC filing ↗ |
| Mar 31, 2025 | May 15, 2025 | 12 | Open the SEC filing ↗ |
| Dec 31, 2024 | Feb 14, 2025 | 10 | Open the SEC filing ↗ |
| Sep 30, 2024 | Nov 14, 2024 | 7 | Open the SEC filing ↗ |
Where a manager later amended a filing, the date shown is the amendment’s. Every filing from this fund at the SEC ↗
⚠️ Public information, sourced from SEC 13F filings. A 13F shows long US-listed positions only; it cannot show shorts, cash, ordinary bonds, foreign lines, or anything bought and sold within the quarter. Values are the manager’s own quarter-end figures, filed up to 45 days later. Not financial advice.