We are live on ! Find out more
BB

Bruce Berkowitz Fairholme Capital Management

AUM $1.49B
1-Year Est. Return 28.35%
 

Bruce Berkowitz is the founder of Fairholme Capital Management and a concentrated value investor known for bold, high-conviction portfolios. He rose to prominence managing mutual fund assets with a willingness to take large positions in out-of-favor financials and special situations. Berkowitz’s approach prioritizes intrinsic value estimates and a short list of ideas rather than broad diversification.

This Fund
S&P 500
This Quarter Est. Return
+13.71%
1 Year Est. Return
+28.35%
3 Year Est. Return
+36.16%
5 Year Est. Return
+56.7%
10 Year Est. Return
+189.85%
AUM
$1.72B
AUM Growth
+$194M
Cap. Flow
-$10.4M
Cap. Flow %
-0.6%
Top 10 Hldgs %
99.8%
Holding
19
New
1
Increased
5
Reduced
5
Closed
5

Top Buys

Rank Stock Value
1
EPD icon
Enterprise Products Partners
EPD
+$26.9M
2
CMC icon
Commercial Metals
CMC
+$11.4M
3
C icon
Citigroup
C
+$7.8M
4
INTC icon
Intel
INTC
+$3.02M
5
WBA
Walgreens Boots Alliance
WBA
+$2.21M

Top Sells

Rank Stock Value
1
JOE icon
St. Joe Company
JOE
+$24.4M
2
ENB icon
Enbridge
ENB
+$11.3M
3
WMB icon
Williams Companies
WMB
+$6.85M
4
ET icon
Energy Transfer Partners
ET
+$6.58M
5
KMI icon
Kinder Morgan
KMI
+$4.44M

Sector Composition

Rank Sector Weight
1 Real Estate 84.64%
2 Energy 6.26%
3 Industrials 5.01%
4 Financials 2.05%
5 Technology 1.74%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
JOE icon
1
St. Joe Company
JOE
$3.92B
$1.46B 84.64%
24,616,590
-470,900
-2% -$24.4M
CMC icon
2
Commercial Metals
CMC
$7.34B
$86.3M 5.01%
2,074,400
+302,900
+17% +$11.4M
EPD icon
3
Enterprise Products Partners
EPD
$82.1B
$83.2M 4.83%
3,224,800
+1,108,900
+52% +$26.9M
INTC icon
4
Intel
INTC
$476B
$29.2M 1.69%
588,400
+61,000
+12% +$3.02M
BRK.B icon
5
Berkshire Hathaway Class B
BRK.B
$1.06T
$17.3M 1.01%
49,155
– –
KMI icon
6
Kinder Morgan
KMI
$69B
$15.1M 0.88%
798,100
-252,500
-24% -$4.44M
ORI icon
7
Old Republic International
ORI
$10B
$9.6M 0.56%
371,100
-5,000
-1% -$129K
ET icon
8
Energy Transfer Partners
ET
$73B
$9.45M 0.55%
844,200
-663,500
-44% -$6.58M
C icon
9
Citigroup
C
$221B
$7.81M 0.45%
146,200
+126,200
+631% +$7.8M
WBA
10
DELISTED
Walgreens Boots Alliance
WBA
$3.09M 0.18%
69,000
+45,000
+188% +$2.21M
SAFM
11
DELISTED
Sanderson Farms Inc
SAFM
$1.31M 0.08%
+7,000
New +$1.28M
BABA icon
12
Alibaba
BABA
$286B
$891K 0.05%
8,190
– –
AAPL icon
13
Apple
AAPL
$4.51T
$744K 0.04%
4,260
-9,800
-70% -$1.65M
BRK.A icon
14
Berkshire Hathaway Class A
BRK.A
$1.06T
$529K 0.03%
1
– –
DOW icon
15
Dow Inc
DOW
$23.4B
– –
-31,700
Closed -$1.8M
ENB icon
16
Enbridge
ENB
$110B
– –
-288,400
Closed -$11.3M
LYB icon
17
LyondellBasell Industries
LYB
$21.8B
– –
-40,500
Closed -$3.73M
WES icon
18
Western Midstream Partners
WES
$20B
– –
-98,800
Closed -$2.2M
WMB icon
19
Williams Companies
WMB
$86.2B
– –
-263,000
Closed -$6.85M

Similar funds

RG
Redmile Group San Francisco, California $1.49B AUM 208.7% 1-Year Est. Return
ACB
Aristotle Capital Boston Boston, Massachusetts $1.49B AUM 32.81% 1-Year Est. Return
LCS
Levin Capital Strategies New York $1.49B AUM 30.44% 1-Year Est. Return
MM
Main Management San Francisco, California $1.49B AUM 22.28% 1-Year Est. Return
WA
WBH Advisory Baltimore, Maryland $1.49B AUM 20.41% 1-Year Est. Return
MFWP
Mosaic Family Wealth Partners St. Louis, Missouri $1.49B AUM 26.43% 1-Year Est. Return
GAM
Gemmer Asset Management Walnut Creek, California $1.49B AUM 42.66% 1-Year Est. Return
PMG
ProVise Management Group Clearwater, Florida $1.49B AUM 21.79% 1-Year Est. Return

Bruce Berkowitz's Q1 2022 Portfolio in Review

As of Q1 2022, Bruce Berkowitz held 19 positions worth $1.72B, up 13% from $1.53B the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Bruce Berkowitz's Q1 2022 filing shows 1 new, 5 increased, 5 reduced and 5 closed positions. Its largest new stake was Sanderson Farms Inc: 7,000 shares worth $1.31M. The largest sale was St. Joe Company, an estimated $24.4M.

By sector, the portfolio is most concentrated in Real Estate at 85% of assets, down from 85% a quarter earlier, followed by Energy and Industrials.

  • Bruce Berkowitz's largest Q1 2022 buy was Sanderson Farms Inc: 7,000 shares worth $1.31M.
  • Bruce Berkowitz added most to Enterprise Products Partners in Q1 2022, an estimated $26.9M increase.
  • Bruce Berkowitz's biggest Q1 2022 reduction was St. Joe Company, cutting an estimated $24.4M.
  • Bruce Berkowitz fully exited Enbridge in Q1 2022, selling an estimated $11.3M.
  • Bruce Berkowitz's ten largest holdings make up 100% of its $1.72B portfolio in Q1 2022.
  • Bruce Berkowitz opened 1 new position and closed 5 in Q1 2022.
  • Bruce Berkowitz's portfolio value rose 13% quarter-over-quarter to $1.72B.

Based on Fairholme Capital Management's 13F filing for Q1 2022, filed 16 May 2022.