Asset Manager · CIK 0001056831

Bruce Berkowitz

Fairholme

Bruce Berkowitz runs Fairholme, an asset manager overseeing $1.43B in disclosed equity holdings (SEC CIK 0001056831). The latest portfolio (2025Q4) discloses 15 positions across 6 sectors, with the largest positions in JOE, EPD and OZK. On a mark-to-market basis the tracked portfolio has returned 27.0% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Track Bruce's filings View holdings

Portfolio

$1.43B

Positions

15

Quarter

2025Q4

Filings tracked

40

1Y+27.0%3Y+55.3%5Y+37.0%Full performance →

Quarter

2025Q4 2025Q3 2025Q2 2025Q1 2024Q4 2024Q3 2024Q2 2024Q1 2023Q4 2023Q3 2023Q2 2023Q1

Holdings

Sorted by value · 2023Q2

Sector11 positions

1

JOEST JOE CO

Real Estate·Real Estate - Diversified

87.41%

of portfolio

Number of shares

23,780,448 sh

Holdings current value

$1.15B

Avg closing price

$17.34

+284.9%

Last action

Trimmed 0.7%

2025Q4

Current $66.74

2

EPDENTERPRISE PRODS PARTNERS LMLP

Energy·Oil & Gas Midstream

8.84%

of portfolio

Number of shares

4,413,200 sh

Holdings current value

$116.29M

Avg closing price

$23.02

Last action

Added 0.0%

2025Q1

Current —

3

BRK.BBERKSHIRE HATHAWAY INC DEL

1.71%

of portfolio

Number of shares

65,920 sh

Holdings current value

$22.48M

Avg closing price

$260.04

Last action

Trimmed 0.6%

2025Q4

Current —

4

WRBBERKLEY W R CORP

Financial Services·Insurance - Property & Casualty

0.59%

of portfolio

Number of shares

131,200 sh

Holdings current value

$7.81M

Avg closing price

$58.08

Last action

Trimmed 1.0%

2025Q4

Current —

5

CMCCOMMERCIAL METALS CO

Industrials·Metal Fabrication

0.52%

of portfolio

Number of shares

128,800 sh

Holdings current value

$6.78M

Avg closing price

$32.65

+96.2%

Last action

Exited

2023Q3

Current $64.04

6

ETENERGY TRANSFER L PMLP

Energy·Oil & Gas Midstream

0.26%

of portfolio

Number of shares

268,700 sh

Holdings current value

$3.41M

Avg closing price

$15.74

Last action

Trimmed 71.9%

2025Q1

Current —

7

CMACOMERICA INC

0.20%

of portfolio

Number of shares

61,700 sh

Holdings current value

$2.61M

Avg closing price

$42.36

+109.3%

Last action

Exited

2023Q3

Current $88.67

8

USBUS BANCORP DEL

Financial Services·Banks - Regional

0.18%

of portfolio

Number of shares

73,600 sh

Holdings current value

$2.43M

Avg closing price

$33.04

+67.9%

Last action

Exited

2023Q3

Current $55.48

9

KEYKEYCORP

Financial Services·Banks - Regional

0.18%

of portfolio

Number of shares

257,900 sh

Holdings current value

$2.38M

Avg closing price

$9.24

+134.5%

Last action

Exited

2023Q3

Current $21.67

10

AAPLAPPLE INC

Technology·Consumer Electronics

0.06%

of portfolio

Number of shares

4,260 sh

Holdings current value

$826.3K

Avg closing price

$130.54

+107.0%

Last action

Trimmed 30.4%

2023Q3

Current $270.23

11

BRK.ABERKSHIRE HATHAWAY INC DEL

0.04%

of portfolio

Number of shares

1 sh

Holdings current value

$517.8K

Avg closing price

$267000

Last action

New holding

2020Q2

Current —

Portfolio heatmap

Box size = % of portfolio · color = return since filing

87.41% · +38.1%

0.52% · +21.6%

0.20% · +109.3%

0.18% · +67.9%

0.18% · +134.5%

0.06% · +39.3%

Sector exposure

Share of dollar value across the latest reported portfolio. Unclassified positions excluded.

Real Estate1 pos$1.15B89.1%
Energy2 pos$119.7M9.3%
Financial Services3 pos$12.6M1.0%
Industrials1 pos$6.8M0.5%
Technology1 pos$826K0.1%

(1.9% unclassified, excluded from %)