Question 1

What stocks did Bruce Berkowitz buy this quarter?

Accepted Answer

In the Q2 '26 13F filing, Bruce Berkowitz added 3 new positions and increased 3 existing holdings, totaling $75.2M in buy activity. New positions alone account for $10.7M.

Question 2

What was Bruce Berkowitz's biggest new buy?

Accepted Answer

Bruce Berkowitz's largest new position in the Q2 '26 filing was PFIZER INC (PFE) at $5.6M, representing 0.37% of the portfolio.

Question 3

How are these "buys" calculated?

Accepted Answer

Buys are derived from quarter-over-quarter changes in 13F filings. NEW positions are stocks not held in the previous quarter; INCREASED positions are existing holdings where share count grew. 13F filings have a ~45-day reporting lag from the SEC.

Ticker	Company	Shares	Value	% Portfolio
PFE	PFIZER INC	231000	$5.6M	0.37%
CPB	THE CAMPBELLS COMPANY	116500	$2.6M	0.17%
UPS	UNITED PARCEL SVCS INC	23800	$2.6M	0.17%

Ticker	Company	Shares	Value	% Portfolio	Change
BRK.B	Berkshire Hathaway Inc. Class B	87852	$44.0M	2.95%	+74.1%
PGR	PROGRESSIVE CORP	72200	$15.8M	1.06%	+8.7%
KHC	KRAFT HEINZ CO	202300	$4.8M	0.32%	+92.1%

Bruce Berkowitz — Recent Buys

New positions (3)

Increased positions (3)