Bruce Berkowitz – Fairholme Capital Management Portfolio Activity & Recent Trades (Dec 31, 2025)
As of Dec 31, 2025, the Fairholme Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 17, 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 Q4 2025, the filing reported:
New Buys – CF Industries Holdings, Inc., Natural Resource Partners LP Li, Progressive Corporation (The), Target Corporation
Increases –
None reported
Complete Exits – Core Natural Resources
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 |
|---|---|---|---|---|---|---|---|
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 |
Q3 2025 | BRK-B Berkshire Hathaway Inc. New | Berkshire Hathaway Inc. New | Sell | -160 | -0.3% | $24.35M | 48,437 |
Q3 2025 | JOE St. Joe Company (The) | St. Joe Company (The) | Sell | -625,800 | -3.1% | $968.74M | 19,578,367 |
Q3 2025 | OZK Bank OZK | Bank OZK | Sell | -1,100 | -0.1% | $46.68M | 915,652 |
Q2 2025 | BRK-B Berkshire Hathaway Inc. New | Berkshire Hathaway Inc. New | Sell | -120 | -0.2% | $23.61M | 48,597 |
Q2 2025 | JOE St. Joe Company (The) | St. Joe Company (The) | Sell | -2,700 | -0.0% | $963.74M | 20,204,167 |
Q2 2025 | OXY Occidental Petroleum Corporatio | Occidental Petroleum Corporatio | Buy | +14,800 | +27.3% | $2.90M | 69,100 |
Q2 2025 | OZK Bank OZK | Bank OZK | Buy | +285,150 | +45.1% | $43.14M | 916,752 |
Q1 2025 | CEIX Core Natural Resources | Core Natural Resources | Buy - Position Entry | +5,000 | - | $385.50K | 5,000 |
Q1 2025 | EPD Enterprise Products Partners L. | Enterprise Products Partners L. | Buy | +1,500 | +0.0% | $186.08M | 5,450,400 |
Q1 2025 | ET Energy Transfer LP | Energy Transfer LP | Sell | -686,300 | -80.5% | $3.10M | 166,600 |
Q1 2025 | FANG Diamondback Energy, Inc. | Diamondback Energy, Inc. | Buy - Position Entry | +4,000 | - | $639.52K | 4,000 |
Q1 2025 | JOE St. Joe Company (The) | St. Joe Company (The) | Sell | -410,600 | -2.0% | $948.71M | 20,206,867 |
Q1 2025 | OXY Occidental Petroleum Corporatio | Occidental Petroleum Corporatio | Buy | +45,300 | +503.3% | $2.68M | 54,300 |
Q1 2025 | OZK Bank OZK | Bank OZK | Sell | -11,800 | -1.8% | $27.44M | 631,602 |
Q4 2024 | BRK-B Berkshire Hathaway Inc. New | Berkshire Hathaway Inc. New | Sell | -1,355 | -2.7% | $22.08M | 48,717 |
Q4 2024 | EOG EOG Resources, Inc. | EOG Resources, Inc. | Buy - Position Entry | +2,000 | - | $245.16K | 2,000 |
Q4 2024 | EPD Enterprise Products Partners L. | Enterprise Products Partners L. | Buy | +2,500 | +0.0% | $170.88M | 5,448,900 |
Q4 2024 | ET Energy Transfer LP | Energy Transfer LP | Buy - Position Entry | +852,900 | - | $16.71M | 852,900 |
Q4 2024 | JOE St. Joe Company (The) | St. Joe Company (The) | Sell | -528,600 | -2.5% | $926.34M | 20,617,467 |
Q4 2024 | OXY Occidental Petroleum Corporatio | Occidental Petroleum Corporatio | Buy - Position Entry | +9,000 | - | $444.69K | 9,000 |
Q4 2024 | OZK Bank OZK | Bank OZK | Sell | -9,700 | -1.5% | $28.65M | 643,402 |