Bruce Berkowitz - Fairholme Capital Management 13F Activity & Position Changes (Q1 2026)

As of Mar 31, 2026, the Fairholme Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2026, the filing reported:

New Buys - Home BancShares, Inc., The Kraft Heinz Company

Increases - Berkshire Hathaway Inc., Berkshire Hathaway Inc. New, Enterprise Products Partners L., Bank OZK, Progressive Corporation (The)

Reductions - St. Joe Company (The), W.R. Berkley Corporation

Complete Exits - CF Industries Holdings, Inc., EOG Resources, Inc., Energy Transfer LP, Diamondback Energy, Inc., Natural Resource Partners LP Li, and 2 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2026	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Buy	+1	+100.0%	$1.44M	2
Q1 2026	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+2,440	+5.1%	$24.18M	50,452
Q1 2026	CF CF Industries Holdings, Inc.	CF Industries Holdings, Inc.	Sell - Position Exit	-54,700	-100.0%	$0.00	-
Q1 2026	EOG EOG Resources, Inc.	EOG Resources, Inc.	Sell - Position Exit	-2,000	-100.0%	$0.00	-
Q1 2026	EPD Enterprise Products Partners L.	Enterprise Products Partners L.	Buy	+5,400	+0.1%	$206.45M	5,455,800
Q1 2026	ET Energy Transfer LP	Energy Transfer LP	Sell - Position Exit	-166,600	-100.0%	$0.00	-
Q1 2026	FANG Diamondback Energy, Inc.	Diamondback Energy, Inc.	Sell - Position Exit	-4,000	-100.0%	$0.00	-
Q1 2026	HOMB Home BancShares, Inc.	Home BancShares, Inc.	Buy - Position Entry	+12,100	-	$325.85K	12,100
Q1 2026	JOE St. Joe Company (The)	St. Joe Company (The)	Sell	-212,300	-1.1%	$1.21B	19,210,167
Q1 2026	KHC The Kraft Heinz Company	The Kraft Heinz Company	Buy - Position Entry	+105,300	-	$2.37M	105,300
Q1 2026	NRP Natural Resource Partners LP Li	Natural Resource Partners LP Li	Sell - Position Exit	-12,000	-100.0%	$0.00	-
Q1 2026	OXY Occidental Petroleum Corporatio	Occidental Petroleum Corporatio	Sell - Position Exit	-69,100	-100.0%	$0.00	-
Q1 2026	OZK Bank OZK	Bank OZK	Buy	+7,600	+0.8%	$42.28M	921,252
Q1 2026	PGR Progressive Corporation (The)	Progressive Corporation (The)	Buy	+40,800	+159.4%	$13.16M	66,400
Q1 2026	TGT Target Corporation	Target Corporation	Sell - Position Exit	-23,000	-100.0%	$0.00	-
Q1 2026	WRB W.R. Berkley Corporation	W.R. Berkley Corporation	Sell	-3,800	-1.5%	$16.99M	256,350
Q4 2025	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-425	-0.9%	$24.13M	48,012
Q4 2025	CEIX Core Natural Resources	Core Natural Resources	Sell - Position Exit	-5,000	-100.0%	$0.00	-
Q4 2025	CF CF Industries Holdings, Inc.	CF Industries Holdings, Inc.	Buy - Position Entry	+54,700	-	$4.23M	54,700
Q4 2025	JOE St. Joe Company (The)	St. Joe Company (The)	Sell	-155,900	-0.8%	$1.15B	19,422,467
Q4 2025	NRP Natural Resource Partners LP Li	Natural Resource Partners LP Li	Buy - Position Entry	+12,000	-	$1.25M	12,000
Q4 2025	OZK Bank OZK	Bank OZK	Sell	-2,000	-0.2%	$42.05M	913,652
Q4 2025	PGR Progressive Corporation (The)	Progressive Corporation (The)	Buy - Position Entry	+25,600	-	$5.83M	25,600
Q4 2025	TGT Target Corporation	Target Corporation	Buy - Position Entry	+23,000	-	$2.25M	23,000
Q4 2025	WRB W.R. Berkley Corporation	W.R. Berkley Corporation	Sell	-1,300	-0.5%	$18.24M	260,150