Bruce Berkowitz Portfolio Concentration: Analysis of Top Holdings
Fairholme Capital's portfolio as of Dec 31, 2025, shows significant concentration with ST JOE Co leading at 80.43%, alongside other key positions.
Bruce Berkowitz, through Fairholme Capital Management, maintains a portfolio with a notable concentration in select holdings as of December 31, 2025. The fund's largest position is in ST JOE Co (JOE), representing a substantial 80.43% allocation to the Real Estate sector.
ST JOE Co (JOE) stands as the dominant position within this portfolio. Fairholme holds 19,422,467 shares valued at approximately $1.15 billion. While the share count decreased slightly by 0.8% from the previous period, the position remains the cornerstone of the investment strategy.
Following closely, the portfolio includes Bank OZK (OZK) in the Financial Services sector, holding 913,652 shares valued at $42.05 million, accounting for 2.93% of the total portfolio. Berkshire Hathaway Inc (BRK-B) also falls within the Financial Services sector, with 48,012 shares valued at $24.13 million (1.68%).
WR Berley Corp (WRB), another Financial Services holding, comprises 1.27% of the portfolio with a value of $18.24 million. Other significant positions include Progressive Corp (PGR) at 0.41%, CF Inds Holdings Inc (CF) at 0.3%, Target Corp (TGT) at 0.16%, and Natural Resource Partners L (NRP) at 0.09%.
Several holdings saw their share counts increase significantly during the period, including PGR (+100%), CF (+100%), TGT (+100%), and NRP (+100%). Conversely, shares of JOE, OZK, BRK-B, and WRB decreased slightly or remained stable.
For a detailed view of Bruce Berkowitz's investment approach and Fairholme Capital's holdings, visit Fairholme Capital Management's profile. You can explore each stock's performance and details on ST JOE Co, Bank OZK, Berkshire Hathaway, WR Berley, Progressive Corp, CF Inds Holdings, Target Corp, and Natural Resource Partners.