Bruce Berkowitz Portfolio 2025 — Fairholme Capital 13F
Morningstar's Fund Manager of the Decade (2000-2009). Track Bruce Berkowitz's Fairholme Capital ultra-concentrated value positions.
Frequently Asked Questions
What is Bruce Berkowitz's strategy?
Berkowitz runs an extremely concentrated portfolio — sometimes just 3-5 stocks. He focuses on deeply undervalued financial companies and real estate. His process starts by "killing the company" — imagining every way it could fail — and only investing if it survives that test.
How did Berkowitz perform?
Fairholme returned ~16% annualized in its first decade (2000-2009), making Berkowitz Morningstar's Manager of the Decade. Performance has been more volatile since, including heavy losses in financial crisis bets on Sears and St. Joe Company.
Find Concentrated Value Plays on SniperIQ
SniperIQ's AI screens for the most undervalued financials and real estate names — the hunting ground for Berkowitz-style ultra-concentrated bets.