Hedge Fund - Fairholme (FAIRX)

Bruce R. Berkowitz Bio, Returns, AUM, Net Worth

Founded in 1997, Fairholme Capital Management is a registered investment adviser that offers investment management services to a diverse clientele, including high-net-worth individuals, pensions and profit-sharing plans, trusts, estates, charitable organizations, and corporations. These services are provided through its Managed Account Program.

Mr. Bruce R. Berkowitz is the Founder and Chief Investment Officer of Fairholme Capital Management and serves as the President and Director of Fairholme Funds, Inc. Mr. Berkowitz founded Fairholme Capital Management in 1997 and The Fairholme Fund in 1999. Prior to these ventures, he was a Managing Director and Senior Portfolio Manager at Smith Barney, Inc. from 1995 to 1997, and a Senior Vice President and Portfolio Manager at Lehman Brothers Holdings, Inc. In recognition of his investment acumen, Mr. Berkowitz was named the 2009 Domestic Stock Fund Manager of the Year and the Domestic Stock Fund Manager of the Decade (2000-2009) by Morningstar. Additionally, Institutional Investor Magazine honored him as the 2013 Money Manager of the Year. Mr. Berkowitz earned a Bachelor of Arts degree in Economics from the University of Massachusetts at Amherst in 1980.

Fairholme Capital Management manages discretionary assets totaling $1,828,234,132, as reported in their Form ADV on March 2024. The firm has 97 clients and reported $1,511,309,262 in managed 13F securities for Q1 2024. Notably, the top 10 holdings make up 100% of the portfolio's value. The largest holding is St. Joe Corp, with Fairholme owning 22,513,148 shares.

Bruce R. Berkowitz
Fund Profile
Filing Period:
Fund Name: Fairholme (FAIRX)
Manager Bruce R. Berkowitz
Portfolio Value $1,511,309,262
Change This QTR +0.97%
Filing Period:
Last update:
No. Security Ticker Shares Value Activity % Port History
1. JOE 22,513,148 $1,305,087,190 -1% 86.35%
2. EPD 5,436,600 $158,639,988 +5% 10.49%
3. BRK.A 48,958 $20,587,818 -61% 1.36%
4. OZK 324,500 $14,751,770 +534% 0.97%
5. WRB 126,600 $11,196,504 0.74%
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