FAIRHOLME CAPITAL MANAGEMENT LLC Diversified Active

CIK: 0001056831 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $1,433,641 (100.0% shares, 0.0% debt)

Holdings (15)

New Positions (4)

PGR PROGRESSIVE CORP 0.4%

Value ($000) $5,830 Shares 25,600 Est. Cost $212.34 Unrealized 0.0%

CF CF INDS HLDGS INC 0.3%

Value ($000) $4,230 Shares 54,700 Est. Cost $81.93 Unrealized 0.0%

TGT TARGET CORP 0.2%

Value ($000) $2,248 Shares 23,000 Est. Cost $91.63 Unrealized 0.0%

NRP NATURAL RESOURCE PARTNERS L 0.1%

Value ($000) $1,253 Shares 12,000 Est. Cost $104.40 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PGR	PROGRESSIVE CORP	25,600	$5,830	0.4%	$212.34	0.0%	COM	743315103
CF	CF INDS HLDGS INC	54,700	$4,230	0.3%	$81.93	0.0%	COM	125269100
TGT	TARGET CORP	23,000	$2,248	0.2%	$91.63	0.0%	COM	87612E106
NRP	NATURAL RESOURCE PARTNERS L	12,000	$1,253	0.1%	$104.40	—	COM UNIT LTD PAR	63900P608

Exited Positions (1)

CNR CORE NATURAL RESOURCES INC 0.0%

Value ($000) $417 Shares 5,000 Est. Cost $84.05 Unrealized +1.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CNR	CORE NATURAL RESOURCES INC	5,000	$417	0.0%	$84.05	+1.3%	—	218937100

Unchanged Positions (11)

JOE ST JOE CO 80.4%

Value ($000) $1,153,112 Shares 19,422,467 Est. Cost $19.92 Unrealized +181.2%

OZK BANK OZK 2.9%

Value ($000) $42,046 Shares 913,652 Est. Cost $41.18 Unrealized +12.4%

EPD ENTERPRISE PRODS PARTNERS L 12.2%

Value ($000) $174,740 Shares 5,450,400 Est. Cost $24.31 Unrealized —

WRB WR BERKLEY CORP 1.3%

Value ($000) $18,242 Shares 260,150 Est. Cost $45.64 Unrealized +59.4%

OXY OCCIDENTAL PETE CORP 0.2%

Value ($000) $2,841 Shares 69,100 Est. Cost $46.59 Unrealized -10.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.7%

Value ($000) $24,133 Shares 48,012 Est. Cost $311.70 Unrealized +59.6%

ET ENERGY TRANSFER L P 0.2%

Value ($000) $2,747 Shares 166,600 Est. Cost $19.59 Unrealized —

AAPL APPLE INC 0.0%

Value ($000) $652 Shares 2,400 Est. Cost $120.24 Unrealized +123.2%

FANG DIAMONDBACK ENERGY INC 0.0%

Value ($000) $601 Shares 4,000 Est. Cost $157.12 Unrealized -6.4%

EOG EOG RES INC 0.0%

Value ($000) $210 Shares 2,000 Est. Cost $123.33 Unrealized -13.1%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $755 Shares 1 Est. Cost $274034.30 Unrealized +172.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JOE	ST JOE CO	19,422,467	$1,153,112	80.4%	$19.92	+181.2%	COM	790148100
OZK	BANK OZK	913,652	$42,046	2.9%	$41.18	+12.4%	COM	06417N103
EPD	ENTERPRISE PRODS PARTNERS L	5,450,400	$174,740	12.2%	$24.31	—	COM	293792107
WRB	WR BERKLEY CORP	260,150	$18,242	1.3%	$45.64	+59.4%	COM	084423102
OXY	OCCIDENTAL PETE CORP	69,100	$2,841	0.2%	$46.59	-10.8%	COM	674599105
BRK/B	BERKSHIRE HATHAWAY INC DEL	48,012	$24,133	1.7%	$311.70	+59.6%	CL B NEW	084670702
ET	ENERGY TRANSFER L P	166,600	$2,747	0.2%	$19.59	—	COM UT LTD PTN	29273V100
AAPL	APPLE INC	2,400	$652	0.0%	$120.24	+123.2%	COM	037833100
FANG	DIAMONDBACK ENERGY INC	4,000	$601	0.0%	$157.12	-6.4%	COM	25278X109
EOG	EOG RES INC	2,000	$210	0.0%	$123.33	-13.1%	COM	26875P101
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$755	0.1%	$274034.30	+172.4%	CL A	084670108