Stock IdeasMar. 18, 2026 8:47 PM ETThe St. Joe Company (JOE) Stock, FAIRXFNMA, FMCC, BRK.A, ET, BRK.B, FNMAG, FNMAH, FNMAI, FNMAJ, FNMAK, FNMAL, FNMAM, FNMAN, FNMAO, FNMAP, FNMAS, FNMAT, FNMFM, FNMFN, FNMFO, FREGP, FREJN, FREJO, FREJP, ZBRK:CA, BRK:CA, ET.PR.I, FMCCG, FMCCH, FMCCI, FMCCJ, FMCCK, FMCCL, FMCCM, FMCCN, FMCCO, FMCCP, FMCCS, FMCCT, FMCKI, FMCKJ, FMCKK, FMCKL, FMCKM, FMCKN, FMCKO, FMCKP, OZK, WRBJohn Vincent26.09K FollowersCommentsFairholme’s 13F portfolio rose to ~$1.43B, with ~80% concentrated in St. Joe Company, reflecting a high-conviction, long-term bet.Minor new positions were initiated in Progressive, CF Industries, Target, and Natural Resource Partners, signaling exploratory moves.Positions in Bank OZK, Berkshire Hathaway, and W. R. Berkley saw marginal trimming after prior active trading.Enterprise Products Partners remains a core ~12% holding, with a bullish outlook reiterated following previous accumulation at lower prices.Kruck20/iStock via Getty ImagesThis article is part of a series that provides an ongoing analysis of the changes made to Fairholme's 13F stock portfolio on a quarterly basis. It is based on Fairholme's regulatory 13F Form filed on 02/17/2026. PleaseThis article was written byJohn Vincent26.09K FollowersFocused on analyzing 13F reports & building tools to help DIY investors generate absolute returns through exploiting inefficiency, volatility, and momentum. Asymmetric Bets Focus. Broader commentary for DIY investors at Substack: https://diyabsolutereturns.substack.com/ . Check out my books in the Demystifying Web3 and Beyond series: 1. Demystifying Bitcoin: Paving the Way to Global Digital Money.2. Demystifying Crypto: Powering a Borderless Digital Economy.Analyst’s Disclosure: I/we have a beneficial long position in the shares of FNMA, FMCC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments