What Bruce Berkowitz Bought in Q4 2025
Fairholme Capital Management · Quarterly 13F recap as filed with the SEC.
Period: 2025-12-31 · Filed · Historical
$1.43B
Total Value
15
Holdings
4
New Buys
4
Reduced
In Q4 2025, Bruce Berkowitz reported 15 long equity positions worth $1.43B in their Fairholme Capital Management 13F filing, including 4 new positions (largest: PROGRESSIVE CORP at $5.8M).
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | JOE | ST JOE CO | 19422467 | $1.15B | 80.43% | -0.8% |
| 2 | EPD | ENTERPRISE PRODS PARTNERS L | 5450400 | $174.7M | 12.19% | — |
| 3 | OZK | BANK OZK | 913652 | $42.0M | 2.93% | -0.2% |
| 4 | BRK.B | Berkshire Hathaway Inc. Class B | 48012 | $24.1M | 1.68% | -0.9% |
| 5 | WRB | WR BERKLEY CORP | 260150 | $18.2M | 1.27% | -0.5% |
| 6 | PGR | PROGRESSIVE CORP | 25600 | $5.8M | 0.41% | NEW |
| 7 | CF | CF INDS HLDGS INC | 54700 | $4.2M | 0.30% | NEW |
| 8 | OXY | OCCIDENTAL PETE CORP | 69100 | $2.8M | 0.20% | — |
| 9 | ET | ENERGY TRANSFER L P | 166600 | $2.7M | 0.19% | — |
| 10 | TGT | TARGET CORP | 23000 | $2.2M | 0.16% | NEW |
| 11 | NRP | NATURAL RESOURCE PARTNERS L | 12000 | $1.3M | 0.09% | NEW |
| 12 | BRK.A | Berkshire Hathaway Inc. Class A | 1 | $755K | 0.05% | — |
| 13 | AAPL | APPLE INC | 2400 | $652K | 0.05% | — |
| 14 | FANG | DIAMONDBACK ENERGY INC | 4000 | $601K | 0.04% | — |
| 15 | EOG | EOG RES INC | 2000 | $210K | 0.01% | — |