Bruce Berkowitz - Fairholme Capital Management 13F Activity & Position Changes (Q1 2025)

According to the SEC 13F filed on May 15, 2025, the Fairholme Capital Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2025. 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 2025, the filing reported:

New Buys - Core Natural Resources, Diamondback Energy, Inc.

Increases - Enterprise Products Partners L., Occidental Petroleum Corporatio

Reductions - Energy Transfer LP, St. Joe Company (The), Bank OZK

Complete Exits - None reported

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 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