Fund releases its 1st-quarter portfolio. : If this is your first time registering, please check your inbox for more information about the benefits of your Forbes account and what you can do next! In its portfolio for the first quarter of 2020, which was released earlier this week, the Fairholme Fund (Trades, Portfolio) disclosed it established one new position and exited another. The fund is part of Bruce Berkowitz (Trades, Portfolio)’s Miami-based Fairholme Capital Management.