N-PORT filing recap · May 2026

What did The Fairholme Fund buy in May 2026?

Reported stock-position changes between this filing and the previous one. These are The Fairholme Fund's own holdings, not the firm's.

Stock value

$1.16B

Positions

Estimated turnover

5.0%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Period in review

The Fairholme Fund opened new positions in Berkshire Hathaway, exited Alliance Resource Partners and Natural Resource Partners, slightly trimmed The St. Joe Company, and slightly added to Bank Ozk.

New positions

BRK.BBerkshire Hathaway Inc$18.65Mreported value+39.3K shares BRK.ABerkshire Hathaway Inc$7.11Mreported value+10 shares

Increased positions

OZKBank Ozk$12.43Mreported value+12.3K shares+5.0%

Reduced positions

JOEThe St. Joe Company$991.36Mreported value-536.0K shares-3.3%

Exited positions

NRPNatural Resource Partners LP$1.45Mprior reported value-12.0K shares-100.0%ARLPAlliance Resource Partners LP$794.7Kprior reported value-30.0K shares-100.0%