1y return+27.9%S&P 500 +20.9%
3y return+31.6%S&P 500 +68.5%
5y return+46.3%S&P 500 +74.5%
10y return+141.8%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $242 against $357 in the S&P 500.2
Fairholme Capital Management LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| JOESt Joe Co | $1.1B | 76.4% | −5.4% |
| EPDEnterprise Prods Partners L | $200.6M | 13.5% | |
| OZKBank Ozk | $48.0M | 3.2% | |
| BRK/BBerkshire Hathaway Inc Del | $44.0M | 3.0% | +74.1% |
| WRBWR Berkley Corp | $18.1M | 1.2% | |
| PGRProgressive Corp | $15.8M | 1.1% | +8.7% |
| BRK/ABerkshire Hathaway Inc Del | $8.2M | 0.6% | +450.0% |
| PFEPfizer Inc | $5.6M | 0.4% | New |
| KHCKraft Heinz Co | $4.8M | 0.3% | +92.1% |
| CPBThe Campbells Company | $2.6M | 0.2% | New |
| UPSUnited Parcel Svcs Inc | $2.6M | 0.2% | New |
| AAPLApple Inc | $694K | 0.0% | |
| HOMBHome Bancshares Inc | $345K | 0.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| JOESt Joe Co | June 30, 2020 | +222.5% | $1.1B |
| BRK/BBerkshire Hathaway Inc Del | June 30, 2020 | +180.3% | $44.0M |
| BRK/ABerkshire Hathaway Inc Del | June 30, 2020 | +180.2% | $8.2M |
| AAPLApple Inc | September 30, 2020 | +149.9% | $694K |
| EPDEnterprise Prods Partners L | June 30, 2021 | +52.3% | $200.6M |
| OZKBank Ozk | September 30, 2023 | +40.5% | $48.0M |
| WRBWR Berkley Corp | June 30, 2023 | +18.4% | $18.1M |
| HOMBHome Bancshares Inc | March 31, 2026 | +6.0% | $345K |
| KHCKraft Heinz Co | March 31, 2026 | +5.0% | $4.8M |
| PGRProgressive Corp | December 31, 2025 | −4.1% | $15.8M |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +0.0% | +14.8% |
| March 31, 2026 | +7.0% | −4.6% |
| December 31, 2025 | +15.4% | +2.4% |
| September 30, 2025 | +3.5% | +7.8% |
| June 30, 2025 | −0.2% | +10.5% |
| March 31, 2025 | +5.3% | −4.6% |
| December 31, 2024 | −18.5% | +2.1% |
| September 30, 2024 | +5.7% | +5.4% |
| June 30, 2024 | −5.2% | +4.0% |
| March 31, 2024 | −1.6% | +10.0% |
| December 31, 2023 | +9.3% | +11.2% |
| September 30, 2023 | +11.3% | −3.6% |
| June 30, 2023 | +14.1% | +8.3% |
| March 31, 2023 | +6.9% | +7.0% |
| December 31, 2022 | +19.6% | +7.1% |
| September 30, 2022 | −15.7% | −5.3% |
| June 30, 2022 | −30.4% | −16.5% |
| March 31, 2022 | +13.9% | −4.9% |
| December 31, 2021 | +20.7% | +10.7% |
| September 30, 2021 | −5.5% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Fairholme Capital Management LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1056831&type=13F-HR&dateb=&owner=include&count=40CIK 1056831
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1056831/000091957426005488/Filed August 14, 2026 · accession 0000919574-26-005488