Bruce Berkowitz's portfolio
Hyper-concentrated contrarian value; ignores the crowd.
What changed in Q2 2026
Compared with the previous 13F. Values are as reported at quarter end. How to read a 13F.
New positions
- PfizerPFE$6M
- Campbell’sCPB$3M
- United Parcel ServiceUPS$3M
Added to
- Berkshire Hathaway Inc-Cl BBRK/B$44M
- ProgressivePGR$16M
- Berkshire Hathaway Inc-Cl ABRK/A$8M
- Kraft HeinzKHC$5M
Trimmed
None this quarter.
Sold out
None this quarter.
Holdings
13 US-listed positions in the Q2 2026 13F, largest first.
| Stock | % of portfolio | Value | Shares | Last quarter |
|---|---|---|---|---|
| St Joe | 76.43% | $1.1B | 18,182,367 | Held |
| Enterprise Products Partners LPEPD | 13.46% | $201M | 5,455,800 | Held |
| Bank OzkOZK | 3.22% | $48M | 921,252 | Held |
| Berkshire Hathaway Inc-Cl BBRK/B | 2.95% | $44M | 87,852 | Added |
| W. R. BerkleyWRB | 1.21% | $18M | 256,350 | Held |
| ProgressivePGR | 1.06% | $16M | 72,200 | Added |
| Berkshire Hathaway Inc-Cl ABRK/A | 0.55% | $8M | 11 | Added |
| PfizerPFE | 0.37% | $6M | 231,000 | New |
| Kraft HeinzKHC | 0.32% | $5M | 202,300 | Added |
| Campbell’sCPB | 0.17% | $3M | 116,500 | New |
| United Parcel ServiceUPS | 0.17% | $3M | 23,800 | New |
| AppleAAPL | 0.05% | $694,464 | 2,400 | Held |
| Home BancSharesHOMB | 0.02% | $345,455 | 12,100 | Held |
By sector
Share of the reported value.
Reported value over time
Total 13F value at each quarter end.
Questions
What stocks does Bruce Berkowitz own?
In the Q2 2026 13F, Fairholme Capital Management reported 13 US stock positions worth $1.5B. The largest: St Joe 76.4%, Enterprise Products Partners LP (EPD) 13.5%, Bank Ozk (OZK) 3.2%, Berkshire Hathaway Inc-Cl B (BRK/B) 3.0%, W. R. Berkley (WRB) 1.2%.
What did Bruce Berkowitz buy last quarter?
In Q2 2026: new position in Pfizer (PFE); new position in Campbell’s (CPB); new position in United Parcel Service (UPS); added to Berkshire Hathaway Inc-Cl B (BRK/B); added to Progressive (PGR); added to Berkshire Hathaway Inc-Cl A (BRK/A).
When is Bruce Berkowitz's next 13F?
13F filings are due 45 days after each quarter ends. The Q3 2026 filing is due by November 14, 2026.
More investors
13F filings list US-listed long positions (and some options) held at quarter end. They leave out short positions, cash, bonds and non-US holdings, and arrive up to 45 days after the quarter ends, so the investor may have traded since. Information only, not investment advice.