Bruce Berkowitz - Fairholme Capital Management 13F Activity & Position Changes (Q1 2021)

As of Mar 31, 2021, the Fairholme Capital Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 17, 2021. 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 2021, the filing reported:

New Buys - TC Energy Corporation, Vistra Corp., Verizon Communications Inc., Williams Companies, Inc. (The)

Increases - CVS Health Corporation, Enbridge Inc, Energy Transfer LP, Kinder Morgan, Inc., AT&T Inc.

Reductions - Berkshire Hathaway Inc. New, St. Joe Company (The), Old Republic International Corp

Complete Exits - Bank of America Corporation, Cincinnati Financial Corporatio, Canadian Natural Resources Limi, Enterprise Products Partners L., Altria Group, Inc., and 3 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 2021	BAC Bank of America Corporation	Bank of America Corporation	Sell - Position Exit	-483,500	-100.0%	$0.00	-
Q1 2021	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-9,490	-16.0%	$12.76K	49,960
Q1 2021	CINF Cincinnati Financial Corporatio	Cincinnati Financial Corporatio	Sell - Position Exit	-96,700	-100.0%	$0.00	-
Q1 2021	CNQ Canadian Natural Resources Limi	Canadian Natural Resources Limi	Sell - Position Exit	-475,300	-100.0%	$0.00	-
Q1 2021	CVS CVS Health Corporation	CVS Health Corporation	Buy	+35,900	+32.3%	$11.06K	147,000
Q1 2021	ENB Enbridge Inc	Enbridge Inc	Buy	+84,900	+33.0%	$12.44K	341,800
Q1 2021	EPD Enterprise Products Partners L.	Enterprise Products Partners L.	Sell - Position Exit	-95,000	-100.0%	$0.00	-
Q1 2021	ET Energy Transfer LP	Energy Transfer LP	Buy	+245,900	+31.4%	$7.90K	1,029,200
Q1 2021	JOE St. Joe Company (The)	St. Joe Company (The)	Sell	-684,800	-2.6%	$1.10M	25,745,557
Q1 2021	KMI Kinder Morgan, Inc.	Kinder Morgan, Inc.	Buy	+35,200	+5.6%	$11.11K	667,200
Q1 2021	MO Altria Group, Inc.	Altria Group, Inc.	Sell - Position Exit	-54,200	-100.0%	$0.00	-
Q1 2021	ORI Old Republic International Corp	Old Republic International Corp	Sell	-138,000	-36.4%	$5.27K	241,100
Q1 2021	OXY-WS		Sell - Position Exit	-29,102	-100.0%	$0.00	-
Q1 2021	PAA Plains All American Pipeline, L	Plains All American Pipeline, L	Sell - Position Exit	-213,000	-100.0%	$0.00	-
Q1 2021	PM Philip Morris International Inc	Philip Morris International Inc	Sell - Position Exit	-14,100	-100.0%	$0.00	-
Q1 2021	T AT&T Inc.	AT&T Inc.	Buy	+10,100	+2.6%	$12.07K	398,800
Q1 2021	TRP TC Energy Corporation	TC Energy Corporation	Buy - Position Entry	+60,600	-	$2.77K	60,600
Q1 2021	VST Vistra Corp.	Vistra Corp.	Buy - Position Entry	+492,900	-	$8.71K	492,900
Q1 2021	VZ Verizon Communications Inc.	Verizon Communications Inc.	Buy - Position Entry	+76,900	-	$4.47K	76,900
Q1 2021	WMB Williams Companies, Inc. (The)	Williams Companies, Inc. (The)	Buy - Position Entry	+304,700	-	$7.22K	304,700