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Fairholme Capital Management LLC

CIK:0001056831
Investment Adviser
$2B AUM
12 holdings
South Miami, FL, United States
Founded:1997
7 employees
Latest filing:Jun 30, 2025

Fairholme Capital Management LLC is an independent investment adviser founded in 1997 and headquartered in South Miami, Florida. The firm primarily manages open-end investment companies and provides investment advisory services to pooled investment vehicles. With a small staff of under 10 employees, Fairholme is known for its concentrated, value-oriented investing approach and serves primarily institutional and high-net-worth clients.

Investment Strategy

Fairholme Capital Management LLC pursues a contrarian, value-driven investment philosophy, focusing on long-term capital appreciation through concentrated positions in undervalued equities and distressed securities. The firm is known for in-depth fundamental research and for holding large stakes in a few high-conviction investments, typically in hard-hit or out-of-favor sectors it believes offer substantial upside potential relative to risk.

Latest 13F Filing Activity

Fairholme Capital Management LLC filed their most recent 13F report on Jun 30, 2025 disclosing 12 equity positions with a total 13F market value of $1B. The fund increased holdings in Bank Ozk, ST Joe Co., WR Berkley Corp. among other positions. Fairholme Capital Management LLC reduced exposure to Enterprise Prods Partners L, Berkshire Hathaway Inc. Del, Diamondback Energy Inc. among others.

Top Buys
O
OZKBANK OZK
+$15.7M
J
JOEST JOE CO
+$15.0M
W
WRBWR BERKLEY CORP
+$603.9K
O
OXYOCCIDENTAL PETE CORP
+$222.6K
F
FANGDIAMONDBACK ENERGY INC
-$89.9K
Top Sells
E
EPDENTERPRISE PRODS PARTNERS L
-$17.1M
B
BRK-BBERKSHIRE HATHAWAY INC DEL
-$2.3M
W
WRBWR BERKLEY CORP
+$603.9K
O
OXYOCCIDENTAL PETE CORP
+$222.6K
F
FANGDIAMONDBACK ENERGY INC
-$89.9K

Top Holdings

J
JOEST JOE CO
+78.5%$963.7M
E
EPDENTERPRISE PRODS PARTNERS L
+13.8%$169.0M
O
OZKBANK OZK
+3.5%$43.1M
B
BRK-BBERKSHIRE HATHAWAY INC DEL
+1.9%$23.6M
W
WRBWR BERKLEY CORP
+1.6%$19.2M

Equity Positions (12)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
ST JOE CO78.54%$963.7M20,204,167$30.25$47.70+$15.0M
ENTERPRISE PRODS PARTNERS L13.77%$169.0M5,450,400$24.35$31.01-$17.1M
BANK OZK3.52%$43.1M916,752$43.96$47.06+$15.7M
BERKSHIRE HATHAWAY INC DEL1.92%$23.6M48,597$308.61$485.77-$2.3M
WR BERKLEY CORP1.57%$19.2M261,450$44.53$73.47+$603.9K

Industry Allocation

LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES)
+78.2%
NATURAL GAS TRANSMISSION
+14.0%
FIRE, MARINE & CASUALTY INSURANCE
+3.6%
CRUDE PETROLEUM & NATURAL GAS
+0.3%
ELECTRONIC COMPUTERS
+0.0%