Fairholme Capital Management LLC

Institutional manager·CIK 0001056831
Latest Qtr return
+32.3%
SPY latest qtr
+17.6%
Alpha
+14.7ptsvs SPY
Invested
$1.5B
Holdings
10
Trades YTD
2

Performance · Fund vs SPY

Cumulative return · quarterly snapshots
-30%+0%+75%Fairholme -7.0%SPY +72.2%Q1 '25Q2 '25Q3 '25Q4 '25

Coverage 98%. 4 quarters of 2025 measured against SPY adj-close benchmark.

EDITORIAL BRIEF · refreshed Jul 2, 2026

Why follow Fairholme Capital Management LLC right now?

Fairholme Capital's Q1 2026 13F-HR shows $1.5B across 10 positions, with St. Joe Co. (JOE) absorbing 79.7% of reported equity — 19.2M shares constituting a structurally dominant single-name concentration. Enterprise Products Partners adds 13.6%, leaving the remaining eight positions collectively below 7%. The portfolio's two notable quarterly additions were Progressive Corp (+159% to 66,400 shares) and two shares of Berkshire Hathaway Class A (+100%), though both remain sub-1% weights.

Quarter-on-quarter performance has swung materially: the portfolio returned +32.3% in Q1 2026 (alpha: +14.7% vs. SPY) following two consecutive negative quarters in mid-2025 where alpha reached -27.6%. Past performance is not indicative of future results.

Generated from public SEC filings. Not investment advice.…

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Top holdings · current snapshot

Source: 13F-HR
01
$JOE
ST JOE CO
Q4 2025: Sold 1.1% (19.42M → 19.21M shares)
79.7%
-1.4%
~$62.80 Mar 2026
02
$EPD
ENTERPRISE PRODS PARTNERS L
Q4 2025: Increased +0.1% (5.45M → 5.46M shares)
13.6%
-2.8%
~$37.84 Mar 2026
03
$OZK
BANK OZK
Q4 2025: Increased +0.8% (913.7k → 921.3k shares)
2.8%
+12.3%
~$45.89 Mar 2026
04
$BRK/B
BERKSHIRE HATHAWAY INC DEL
Q4 2025: Increased +5.1% (48.0k → 50.5k shares)
1.6%
+6.2%
~$479.20 Mar 2026
05
$WRB
WR BERKLEY CORP
Q4 2025: Sold 1.5% (260.2k → 256.4k shares)
1.1%
+14.1%
~$66.28 Mar 2026
06
$PGR
PROGRESSIVE CORP
Q4 2025: Increased +159.4% (25.6k → 66.4k shares)
0.9%
+11.0%
~$198.24 Mar 2026
07
$KHC
KRAFT HEINZ CO
Held since at least Q1 2024
0.2%
+22.8%
~$22.49 Mar 2026
08
$BRK/A
BERKSHIRE HATHAWAY INC DEL
Q4 2025: Increased +100.0% (1 → 2 shares)
0.1%
+6.3%
~$718,140.00 Mar 2026
09
$AAPL
APPLE INC
Held since at least Q1 2024
0.0%
+21.6%
~$253.79 Mar 2026
10
$HOMB
HOME BANCSHARES INC
Held since at least Q1 2024
0.0%
+16.7%
~$26.93 Mar 2026
See all 10 holdings · Pro →

Recent trades · Last 90 days

See full trade history →

Convergence · Fairholme Capital Management LLC

Pattern cards reflect public SEC EDGAR and Congressional filing data only. Detection uses filing dates; trade execution dates may differ. Past convergence patterns do not predict future returns. Nothing here is investment advice.

Source data: SEC EDGAR · 13F-HR filings · Performance through 2026-03-31 · Last refreshed 11:06 UTC.