St Joe Company (JOE) is 76.43% of Bruce Berkowitz's Fairholme Capital Management portfolio as of June 30, 2026, according to the 13F-HR filed with the SEC on August 14, 2026: 18.2M shares worth about $1.1B, the largest of 13 stock positions. Bruce Berkowitz trimmed the share count by 5% in 2026 Q2.
What did the 2026 Q2 filing report for JOE?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Value | |
|---|---|
| Portfolio weight | 76.43% |
| Shares | 18.2M |
| Reported value | $1.1B |
| Rank in portfolio | 1st of 13 |
| Next largest holding | EPD at 13.46% |
| Top three holdings | 93.11% of the book |
| Change this quarter | -5% shares |
How concentrated is Bruce Berkowitz in JOE?
JOE at 76.43% is 9.9 times the average stock position in the Bruce Berkowitz portfolio, which is 8%. The next largest holding is EPD at 13.46%. The three largest stocks together are 93.11% of the reported book. A quarter earlier JOE was 79.67% of the book.
Where does JOE sit in the Bruce Berkowitz portfolio?
JOE is the largest of 13 stock positions in the Bruce Berkowitz portfolio at 76.43%, above the fund's average stock position of 8%. The JOE cut was the largest of the quarter's 8 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Bruce Berkowitz reported 13 stock positions, with 3 opened and none closed. The total portfolio value is about $1.5B, down 2% from the prior quarter.
How long has Bruce Berkowitz held JOE?
Bruce Berkowitz has held JOE since at least the quarter ended June 30, 2013, the start of the filings we track. The weight peaked at 98.93% in 2019 Q4. Last quarter the fund cut the position by 1%. Every reported trade is on the Bruce Berkowitz JOE trade history page.
FAQ
What share of the Bruce Berkowitz portfolio is JOE?
JOE is 76.43% of the Bruce Berkowitz portfolio as of 2026 Q2, the largest of 13 stock positions.
What is the JOE stake of Bruce Berkowitz worth?
Bruce Berkowitz holds 18.2M shares of JOE, worth about $1.1B at June 30, 2026 prices, 76.43% of the reported portfolio.
What are the largest holdings of Bruce Berkowitz?
The largest stock positions of Bruce Berkowitz as of 2026 Q2 are JOE (76.43%), EPD (13.46%) and OZK (3.22%), together 93.11% of the book.
Did Bruce Berkowitz's Fairholme Capital Management change its JOE position in 2026 Q2?
Bruce Berkowitz trimmed the share count by 5% in 2026 Q2.