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 $9,941,488,000
Change This QTR +1.00%
Filling Period:
Sorted by:
No. Security Ticker Shares Value (x$1000) Activity % Port
1.) AIG 69,810,314 $3,810,247 -8% 38.32%
2.) BAC 98,432,215 $1,512,903 -1% 15.21%
3.) SHLD 24,672,823 $985,926 +1% 9.91%
4.) AIG 24,488,935 $651,406 -1% 6.55%
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