Prem Watsa — Fairfax Financial HoldingsSuperinvestor
About Prem Watsa — Fairfax Financial Holdings’s 13F portfolio
Prem Watsa — Fairfax Financial Holdings is an institutional investment manager that discloses its US-listed holdings each quarter through an SEC Form 13F filing. As of , Prem Watsa — Fairfax Financial Holdings reported $1.9B across 29 US-listed positions (). Its largest position is ORLA MINING LTD (ORLA) at 26% of the reported book, and its ten biggest holdings make up 88% of the portfolio. Browse every manager in the fund managers directory, or see the legendary investors we track on the superinvestors page.
| # | Stock | Price | % of portfolio | Shares | Value |
|---|---|---|---|---|---|
| 1 |  ORLA ORLA MINING LTD | $9.49 +2.48% | 26% | 31.8M | $501.6M |
| 2 |  UAA UNDER ARMOUR INC | $7.08 +0.71% | 13% | 43.0M | $253.7M |
| 3 |  CVS CVS HEALTH CORP | $107.07 −0.62% | 10% | 2.7M | $194.8M |
| 4 |  KW KENNEDY-WILSON HOLDINGS INC | $10.92 −0.09% | 7.4% | 13.3M | $144.3M |
| 5 |  UA UNDER ARMOUR INC | $6.93 +1.02% | 6.5% | 22.0M | $126.9M |
| 6 |  CLF CLEVELAND-CLIFFS INC | $12.25 +2.68% | 6.5% | 14.9M | $125.7M |
| 7 |  KHC KRAFT HEINZ CO | $26.22 +2.14% | 6.1% | 5.3M | $118.4M |
| 8 |  BB BLACKBERRY LTD | $8.42 −1.41% | 5.8% | 35.0M | $113.3M |
| 9 |  ATS ATS CORP | $26.59 +0.64% | 3.6% | 2.5M | $69.4M |
| 10 |  TAP MOLSON COORS BEVERAGE CO | $41.13 +0.44% | 3.2% | 1.4M | $61.9M |
| 11 |  HP HELMERICH & PAYNE INC | $33.63 −4.11% | 2.2% | 1.2M | $42.3M |
| 12 |  TSM TAIWAN SEMICONDUCTOR MFG LTD | $399.09 −1.07% | 1.6% | 94K | $31.7M |
| 13 |  GM GENERAL MOTORS CO | $87.04 +5.32% | 1.4% | 376K | $28.0M |
| 14 |  PFE PFIZER INC | $24.67 +0.53% | 1.4% | 991K | $27.8M |
| 15 |  BNS BANK NOVA SCOTIA | $86.88 −0.14% | 1.3% | 359K | $24.8M |
| 16 |  WEN WENDYS CO | $7.31 +4.58% | 1.2% | 3.3M | $22.8M |
| 17 |  MRK MERCK & CO INC | $130.76 −0.24% | 1.1% | 173K | $20.8M |
| 18 |  JNJ JOHNSON & JOHNSON | $265.95 +0.97% | 0.9% | 73K | $17.9M |
| 19 |  GTX GARRETT MOTION INC | $30.80 −2.25% | 0.2% | 184K | $3.4M |
| 20 |  CIGI COLLIERS INTL GROUP INC | $101.98 +4.61% | 0.1% | 25K | $2.6M |
| 21 |  CNI CANADIAN NATIONAL RAILWAY CO | $128.88 −0.46% | 0.1% | 25K | $2.5M |
| 22 |  LULU LULULEMON ATHLETICA INC | $117.83 +3.11% | 0.1% | 13K | $1.9M |
| 23 |  WBD WARNER BROS DISCOVERY INC | $25.28 −1.90% | 0.1% | 58K | $1.6M |
| 24 |  CPRI CAPRI HOLDINGS LTD | $15.88 +2.85% | 0.1% | 78K | $1.4M |
| 25 |  BRSL BRIGHTSTAR LOTTERY PLC | $10.48 +0.67% | 0.0% | 69K | $875K |
Showing 1–25 of 29 positions on this page reported in this 13F.
Tiles are sized by portfolio weight and coloured by sector; the “est.” figure on each tile is the estimated dividend- and split-adjusted return since the first reported quarter — not the manager’s profit or cost basis.
“Est. return” = estimated dividend/split-adjusted return since the first reported quarter — not the manager’s profit or cost basis.
- Unclassified26%
- Consumer Cyclical23%
- Healthcare13%
- Consumer Defensive9.3%
- Real Estate7.6%
- Technology7.5%
- Basic Materials6.5%
- Industrials3.7%
- Energy2.2%
- Financial Services1.3%
- Communication Services0.1%
How this return is calculated
Estimated dividend- and split-adjusted return from the end of the first consecutive reported quarter in which the current holding appears in Bullish Whales’ 13F history, through the manager’s latest reported quarter. Current disclosed holdings only. Start dates differ by holding, changes in position size are not modeled, and positions no longer reported are excluded. Not the manager’s cost basis, purchase date, realized profit or loss, live performance, or portfolio performance.
- AddedUAAUNDER ARMOUR INC+2.5%$253.7M
- AddedUAUNDER ARMOUR INC+133%$126.9M
- AddedKHCKRAFT HEINZ CO+2.9%$118.4M
- AddedTAPMOLSON COORS BEVERAGE CO+7.5%$61.9M
- AddedPFEPFIZER INC+11.2%$27.8M
- NewWENWENDYS CO—$22.8M
- AddedCIGICOLLIERS INTL GROUP INC+13.6%$2.6M
- AddedCNICANADIAN NATIONAL RAILWAY CO+25.3%$2.5M
- NewWBDWARNER BROS DISCOVERY INC—$1.6M
- AddedBRSLBRIGHTSTAR LOTTERY PLC+87.6%$875K
- ReducedGTXGARRETT MOTION INC−29.2%$3.4M
- SoldOXYOCCIDENTAL PETROLEUM CORP−100%—
- SoldVOOVANGUARD INDEX FUNDS−100%—
Reading Prem Watsa — Fairfax Financial Holdings’s 13F portfolio
Prem Watsa — Fairfax Financial Holdings’s $1.9B 13F book is spread across 29 reported positions and is highly concentrated — its ten largest positions alone are 88% of the portfolio. A book this concentrated means a small group of names drives most of its performance. Its five largest positions are ORLA, UAA, CVS, KW and UA, led by ORLA MINING LTD (ORLA) at 26% of the portfolio. The heaviest sector exposure is Consumer Cyclical (23%), then Healthcare (13%).
What Prem Watsa — Fairfax Financial Holdings changed last quarter
Between 2025-12-31 and Q1 2026, Prem Watsa — Fairfax Financial Holdings was a net buyer: it opened 2 new positions and added to 8 more, while trimming 1 and closing 2 outright. Against a 29-name book, that is moderate turnover, pointing to steady rotation within the portfolio. Its largest new or increased position was UNDER ARMOUR INC (UAA), and its biggest reduction was GARRETT MOTION INC (GTX).
What a 13F does and doesn’t reveal
A 13F captures only Prem Watsa — Fairfax Financial Holdings’s long positions in US-listed stocks at a single quarter-end, so it is best read as a lagged snapshot rather than a live portfolio. It won’t show shorts, cash, bonds, or holdings listed outside the US, and it never reveals the price paid or the reasoning behind a trade. The signal is in the pattern over time: which names Prem Watsa — Fairfax Financial Holdings is building up, trimming, or exiting, and how concentrated the book stays from quarter to quarter.
Frequently asked questions
What is an SEC 13F filing?
A Form 13F is a report that every institutional investment manager with at least $100 million in US-listed securities must file with the SEC within 45 days of each quarter's end. It lists the manager's long positions in US-listed stocks and certain options, with the share count and market value of each. Prem Watsa — Fairfax Financial Holdings's profile on this page is built directly from those filings.
How current is the 13F data on Prem Watsa — Fairfax Financial Holdings's page?
It reflects Prem Watsa — Fairfax Financial Holdings's most recently filed 13F, currently the quarter ending Q1 2026. Because managers have up to 45 days after a quarter closes to file, a 13F is always a slightly lagged view rather than a live portfolio. When Prem Watsa — Fairfax Financial Holdings files its next quarterly report, this page refreshes automatically.
Can I see Prem Watsa — Fairfax Financial Holdings's complete list of holdings?
This page highlights Prem Watsa — Fairfax Financial Holdings's largest positions rather than all 29 names in the filing. The complete, position-by-position 13F is public and available from the SEC's EDGAR database under Prem Watsa — Fairfax Financial Holdings's filings.
Does a 13F show everything Prem Watsa — Fairfax Financial Holdings owns?
No. A 13F only covers long positions in US-listed stocks and certain options. It leaves out short positions, cash, bonds, commodities, foreign-listed stocks, and private holdings, so it is a partial view of Prem Watsa — Fairfax Financial Holdings's book rather than its full strategy or total assets.
Is 13F data investment advice?
No. Everything here is educational. 13F positions are disclosed with a delay, cover only long US-listed holdings, and never explain why Prem Watsa — Fairfax Financial Holdings made a trade or at what price. Treat it as a research lens, not a recommendation, and speak with a licensed financial advisor before making investment decisions.
Not investment advice. Holdings data comes from public SEC Form 13F filings, which are filed with a delay of up to 45 days and may be amended later. It describes historical, disclosed positions in US-listed securities only, meaning no shorts, cash, or foreign holdings, and it is not a recommendation. Always do your own research and speak with a licensed financial advisor before making investment decisions.