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

According to the SEC 13F filed on May 15, 2026, the Fairholme Capital Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 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