Bruce Berkowitz's Investment Strategy: Bruce Berkowitz, founder of Fairholme Fund, focuses on a concentrated portfolio of undervalued stocks with strong management, inspired by Benjamin Graham's principles. His recent N-PORT filing reveals significant increases in stakes for Bank OZK and Occidental Petroleum while reducing positions in Berkshire Hathaway and The St. Joe Co.
Portfolio Composition: As of the second quarter of 2025, Berkowitz's portfolio consists of 12 stocks, heavily weighted towards The St. Joe Co (78.54%), with holdings also in sectors like Real Estate, Energy, Financial Services, and Technology.
JOE
$61.82+Infinity%1D
Analyst Views on JOE
About JOE
The St. Joe Company is a real estate development, asset management and operating company. It owns 167,000 acres of land in Northwest Florida. Its segments include residential, hospitality and commercial. The Residential Segment develops communities into homesites for sale to homebuilders and on a limited basis to retail customers. Its projects include Watersound Origins West, Watersound Camp Creek, Breakfast Point East, Titus Park, Ward Creek, and others. The Hospitality Segment owns the Watersound Beach Club; Camp Creek golf course and amenities; Shark’s Tooth golf course and tennis center; Origins golf course; and the Third golf course, as well as other club amenities that are situated in or near its residential communities. In its commercial segment, it owns the properties used in its operations and has properties under construction that shall be used in its operations, which include multifamily, senior living, self-storage, retail, office, industrial and commercial property.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
