Bruce Berkowitz
Fairholme Capital
Founder of Fairholme. One of the most concentrated portfolios among well-known managers, built on deep-value, contrarian positions.
13F portfolio value
Q2 2026
$1.49B
1-year growth
+21.4%
2-year growth
+7.3%
Positions
13
Top 10 share
99.8%
Quarterly turnover
2.7%
Last filed
Aug 14, 2026
Q2 2026: summary
MakklerAI- The portfolio was worth $1.5B across 13 positions; its top ten holdings made up 99.8%, and turnover was 2.7%.
- JOE remained the largest holding at 76.4% ($1.1B), despite a 5.4% share reduction; its weight fell from 79.7% last quarter.
- BRK-B shares rose 74.1% to a 3.0% portfolio weight ($44M); BRK-A shares increased 450.0% to 0.6%.
- New positions in PFE, CPB and UPS brought the total to three; KHC shares were also increased 92.1%, with no positions sold out.
PROStill at the same price?
A 13F arrives 45 days late. See the estimated buy price of the other 11 positions, the move since, and where each stands against Makkler Fair Value with MakklerPRO.
JOESt. Joe Company76.4%-5.4%- Price
- $66.36
- Since est. buy
- +1.1%
- Fair Value gap
- +48.1%
EPDEnterprise Products Partners L.P.13.5%Unchanged- Price
- $36.04
- Since est. buy
- -4.5%
- Fair Value gap
- +9.9%
OZKBank OZK3.2%Unchanged- Price
- $45.08
- Since est. buy
- Fair Value gap
BRK-BBerkshire Hathaway Inc. Class B3.0%+74.1%- Price
- $520.59
- Since est. buy
- Fair Value gap
WRBW. R. Berkley Corporation1.2%Unchanged- Price
- $73.55
- Since est. buy
- Fair Value gap
PGRProgressive Corporation1.1%+8.7%- Price
- $222.88
- Since est. buy
- Fair Value gap
BRK-ABerkshire Hathaway Inc. Class A0.6%+450%- Price
- $780,350.00
- Since est. buy
- Fair Value gap
PFEPfizer Inc.0.4%New- Price
- $28.37
- Since est. buy
- Fair Value gap
KHCKraft Heinz Company0.3%+92.1%- Price
- $22.43
- Since est. buy
- Fair Value gap
CPBCampbell's Company0.2%New- Price
- $18.95
- Since est. buy
- Fair Value gap
UPSUnited Parcel Service, Inc. Class B0.2%New- Price
- $94.79
- Since est. buy
- Fair Value gap
AAPLApple Inc.<0.1%Unchanged- Price
- $341.27
- Since est. buy
- Fair Value gap
HOMBHome BancShares, Inc.<0.1%Unchanged- Price
- $28.36
- Since est. buy
- Fair Value gap
Values are US dollar amounts as of the filing. The estimated buy price is the quarter's average close; Fair Value is the same model as on Makkler's stock pages.
MakklerAI
Ask MakklerAI about Bruce Berkowitz's portfolio
Explore this quarter's moves and where each position stands against its estimated buy price and Makkler Fair Value. Answers are based on the 13F and today's prices.