Fairholme Capital Management 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Fairholme Capital Management disclosed 15 US equity positions worth $1.4bn in its Q4 2025 13F filing. The largest position was JOE at 80.4% of the reported book, followed by EPD and OZK. Against the Q3 2025 filing, it opened 4 new positions, added to 0 and reduced 2 among the top 15 holdings.
What did Fairholme Capital Management own in Q4 2025? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | JOE ST JOE CO | Real Estate | 80.4% | $1.2bn | 19,422,467 | -1% | reduced |
| 2 | EPD ENTERPRISE PRODS PARTNERS L | Energy | 12.2% | $174.7m | 5,450,400 | 0% | held |
| 3 | OZK BANK OZK | Financial Services | 2.9% | $42.0m | 913,652 | -0% | held |
| 4 | BRK/B BERKSHIRE HATHAWAY INC DEL | 1.7% | $24.1m | 48,012 | -1% | reduced | |
| 5 | WRB WR BERKLEY CORP | Financial Services | 1.3% | $18.2m | 260,150 | -0% | held |
| 6 | PGR PROGRESSIVE CORP | Financial Services | 0.4% | $5.8m | 25,600 | – | new |
| 7 | CF CF INDS HLDGS INC | Basic Materials | 0.3% | $4.2m | 54,700 | – | new |
| 8 | OXY OCCIDENTAL PETE CORP | Energy | 0.2% | $2.8m | 69,100 | 0% | held |
| 9 | ET ENERGY TRANSFER L P | Energy | 0.2% | $2.7m | 166,600 | 0% | held |
| 10 | TGT TARGET CORP | Consumer Defensive | 0.2% | $2.2m | 23,000 | – | new |
| 11 | NATURAL RESOURCE PARTNERS L | 0.1% | $1.3m | 12,000 | – | new | |
| 12 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.1% | $754.8k | 1 | 0% | held | |
| 13 | AAPL APPLE INC | Technology | 0.0% | $652.5k | 2,400 | 0% | held |
| 14 | FANG DIAMONDBACK ENERGY INC | Energy | 0.0% | $601.3k | 4,000 | 0% | held |
| 15 | EOG EOG RES INC | Energy | 0.0% | $210.0k | 2,000 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.