Bruce Berkowitz - Fairholme Capital Management 13F Activity & Position Changes (Q1 2016)
According to the SEC 13F filed on Aug 14, 2026, the Fairholme Capital Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2016. 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 2016, the filing reported:
New Buys - None reported
Increases - Bank of America Corporation, Seritage Growth Properties
Complete Exits - American International Group, I, Berkshire Hathaway Inc., Berkshire Hathaway Inc. New, Canadian Natural Resources Limi, International Business Machines, and 1 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q1 2016
|
AIG
American International Group, I
|
Sell - Position Exit |
-271,560
|
|
Q1 2016
|
BAC
Bank of America Corporation
|
Buy |
+4,663,000
|
|
Q1 2016
|
BRK-A
Berkshire Hathaway Inc.
|
Sell - Position Exit |
-3
|
|
Q1 2016
|
BRK-B
Berkshire Hathaway Inc. New
|
Sell - Position Exit |
-135,242
|
|
Q1 2016
|
CNQ
Canadian Natural Resources Limi
|
Sell - Position Exit |
-1,107,100
|
|
Q1 2016
|
DNOW
DNOW Inc.
|
Sell |
-403,500
|
|
Q1 2016
|
IBM
International Business Machines
|
Sell - Position Exit |
-47,900
|
|
Q1 2016
|
JOE
St. Joe Company (The)
|
Sell |
-533,843
|
|
Q1 2016
|
LE
Lands' End, Inc.
|
Sell |
-124,400
|
|
Q1 2016
|
MRC
MRC Global Inc.
|
Sell - Position Exit |
-5,634,300
|
|
Q1 2016
|
SRG
Seritage Growth Properties
|
Buy |
+69,500
|