FAIRX — The Fairholme Fund
Data updated: 2026-07-28
FAIRX — The Fairholme Fund. United States Small Cap Blend / Core Real Estate Equity · $1.29B AUM. Holdings, fees, performance and SEC filings.
FAIRX Fund Overview
FAIRX — The Fairholme Fund is a US mutual fund managed by Fairholme Funds INC, categorised as United States Small Cap Blend / Core Real Estate Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fairholme Funds INC
- Category: United States Small Cap Blend / Core Real Estate Equity
- Assets under management: $1.29B
- 1-year return: 35.6%
- Ticker: FAIRX
- SEC CIK: 0001096344
- SEC series ID: S000008484
- Share class ID: C000023273
FAIRX Holdings
Top 10 holdings of The Fairholme Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| St. Joe Company (the) | 76.83% |
| Enterprise Products Partners LP | 8.42% |
| United States Of America - Bureau Of The Public Debt | 4.26% |
| Imperial Metals Corp. | 2.02% |
| United States Of America - Bureau Of The Public Debt | 1.94% |
| United States Of America - Bureau Of The Public Debt | 1.55% |
| Berkshire Hathaway, Inc. | 1.45% |
| United States Of America - Bureau Of The Public Debt | 1.16% |
| Bank Ozk | 0.96% |
| Fidelity Colchester Street Trust | 0.75% |
FAIRX Portfolio Allocation
Asset-class allocation of The Fairholme Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 90.4% |
| Fixed Income | 8.9% |
| Cash & Equivalents | 0.7% |
FAIRX Performance
Total returns for FAIRX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 6.0% |
| 1 year | 35.6% |
| 3 years (annualised) | 12.6% |
| 5 years (annualised) | 6.4% |
FAIRX Risk Information
Risk metrics for FAIRX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 20.7%
FAIRX Costs and Fees
FAIRX costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.00%
- Portfolio turnover: 1%
- Brokerage commissions: 0.14 bps of average net assets (SEC N-CEN)
FAIRX Cashflows
Over the 12 months to 2026-05, The Fairholme Fund had net outflows of $63.91M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$4.08M |
| 2026-04 | −$4.35M |
| 2026-03 | −$7.44M |
| 2026-02 | −$6.34M |
| 2026-01 | −$7.32M |
| 2025-12 | −$4.90M |
FAIRX Debt Constituents
Largest debt holdings of The Fairholme Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 4.26% |
| United States Of America - Bureau Of The Public Debt | 1.94% |
| United States Of America - Bureau Of The Public Debt | 1.55% |
| United States Of America - Bureau Of The Public Debt | 1.16% |
FAIRX Prospectus and SEC Filings
Official The Fairholme Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-03-25
- Prospectus (485BPOS) — filed 2025-03-26
- Prospectus (485BPOS) — filed 2024-03-26
- Portfolio holdings (N-PORT) — filed 2026-07-28
- Portfolio holdings (N-PORT) — filed 2026-04-28
- Portfolio holdings (N-PORT) — filed 2026-01-27
- Annual census (N-CEN) — filed 2026-02-04
- Annual census (N-CEN) — filed 2025-02-06
Related Funds
Other United States Small Cap Blend / Core Real Estate Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.