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 $4,918,325,000
Change This QTR +0.92%
Filling Period:
Sorted by:
No. Security Ticker Shares Value (x$1000) Activity % Port
1. BAC 75,485,585 $1,284,765 -2% 26.12%
2. AIG 18,812,987 $1,163,019 -22% 23.64%
3. SHLD 26,629,448 $711,006 +3% 14.45%
4. AIG 24,447,104 $677,429 -1% 13.77%
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