Hedge Fund - Fairholme (Fairx)

Bruce Berkowitz Bio, Returns, Net Worth

Bruce Berkowitz launched Fairholme in 1999. It earned him the title of “Stock Manager of the Decade” from Morningstar and is now a $19 Billion mutual fund. Berkowitz’s Fairholme Fund managed to return 1.02% per month since September 2000. This compounds to an average annual return of 12.9% for the past 10 years. In 2010, Fairholme Fund returned 25.5%, beating the SPY by more than 10 percentage points. In fact, Berkowitz managed to beat the market every year except in 2003.

Bruce Berkowitz
Fund Profile
Filling Period:
Fund Holdings Sector Distribution
Fund Name: Fairholme (Fairx)
Manager Bruce Berkowitz
Portfolio Value $9,897,654,000
Change This QTR +1.02%
Filling Period:
Sorted by:
No. Security Ticker Shares Value (x$1000) Activity % Port
1.) AIG 75,681,614 $3,784,838 -6% 38.23%
2.) BAC 98,942,515 $1,701,811 -1% 17.19%
3.) SHLD 24,502,323 $1,170,231 +15% 11.82%
4.) FNMA 59,041,819 $618,758 -1% 6.25%
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