Fairfax Financial
Prem Watsa (Chairman) · Toronto, A6 · CIK 915191 · EDGAR filings ↗
Insurance holding company's equity portfolio.
Reported 13F portfolio value covers U.S. reportable long positions only, not cash, bonds, shorts or non-U.S. holdings. It is not assets under management.
Share of reported common-equity value; (±pp) vs prior quarter.
| # | Security | Weight | Value | Shares | Δ shares | Held | |
|---|---|---|---|---|---|---|---|
| 1 | ORLA Orla Mining Ltd. | 21.5% | $568.46M | 58.40M | +83.5% | ▲ Add | 9+ |
| 2 | EGO Eldorado Gold Corporation | 16.2% | $427.00M | 13.75M | New | New | 1 |
| 3 | KHC The Kraft Heinz Company | 12.8% | $337.63M | 14.31M | +171.6% | ▲ Add | 8 |
| 4 | UAA Under Armour, Inc. | 11.0% | $289.83M | 45.36M | +5.5% | ▲ Add | 9+ |
| 5 | CVS CVS Health Corp. | 10.6% | $280.50M | 2.71M | 0.0% | Held | 7 |
| 6 | CLF Cleveland-Cliffs Inc. | 5.3% | $139.90M | 14.90M | 0.0% | Held | 7 |
| 7 | UA Under Armour, Inc. | 5.2% | $136.61M | 22.00M | 0.0% | Held | 3 |
| 8 | TAP Molson Coors Beverage… | 2.9% | $77.67M | 1.99M | +38.6% | ▲ Add | 7 |
| 9 | ATS ATS Corporation | 2.7% | $70.49M | 2.49M | 0.0% | Held | 8 |
| 10 | WEN The Wendy's Company | 2.5% | $66.29M | 8.01M | +144.9% | ▲ Add | 2 |
| 11 | TSM Taiwan Semiconductor… | 1.7% | $44.68M | 93.70K | 0.0% | Held | 9+ |
| 12 | HP Helmerich & Payne, Inc. | 1.5% | $38.45M | 1.17M | 0.0% | Held | 9+ |
| 13 | BNS The Bank of Nova Scotia | 1.2% | $31.17M | 359.10K | 0.0% | Held | 9+ |
| 14 | GM General Motors Company | 1.1% | $28.97M | 375.96K | 0.0% | Held | 9+ |
| 15 | PFE Pfizer Inc. | 1.0% | $25.12M | 1.04M | +5.3% | ▲ Add | 9+ |
| 16 | MRK Merck & Co., Inc. | 0.8% | $22.20M | 172.90K | 0.0% | Held | 9+ |
| 17 | JNJ Johnson & Johnson | 0.7% | $18.64M | 73.40K | 0.0% | Held | 9+ |
| 18 | KSPI Joint Stock Company Kaspi.kz | 0.3% | $9.18M | 106.00K | New | New | 1 |
| 19 | RCI Rogers Communications Inc. | 0.2% | $4.87M | 150.20K | New | New | 1 |
| 20 | GTX Garrett Motion Inc. | 0.1% | $3.72M | 102.78K | -44.3% | ▼ Trim | 9+ |
| 21 | CNI Canadian National Railway… | 0.1% | $2.95M | 24.80K | 0.0% | Held | 3 |
| 22 | CIGI Colliers International… | 0.1% | $2.33M | 25.00K | 0.0% | Held | 9+ |
| 23 | WBD Warner Bros. Discovery, Inc. | 0.1% | $2.18M | 81.90K | +41.5% | ▲ Add | 2 |
| 24 | DPZ Domino's Pizza, Inc. | 0.1% | $2.14M | 7.23K | New | New | 1 |
| 25 | CPRI Capri Holdings Limited | 0.1% | $1.45M | 78.10K | 0.0% | Held | 9+ |
| 26 | LULU Lululemon Athletica Inc. | 0.1% | $1.43M | 12.50K | 0.0% | Held | 4 |
| 27 | PENN PENN Entertainment, Inc. | 0.0% | $1.17M | 54.90K | 0.0% | Held | 5 |
| 28 | EA Electronic Arts Inc. | 0.0% | $1.05M | 5.10K | New | New | 1 |
| 29 | BRK-A Berkshire Hathaway Inc. | 0.0% | $748,836 | 1 | 0.0% | Held | 9+ |
| 30 | IGT International Game… | 0.0% | $737,505 | 68.73K | 0.0% | Held | 4 |
| 31 | CPAC CEMENTOS PACASMAYO SAA | 0.0% | $594,500 | 50.00K | New | New | 1 |
| 32 | MX MAGNACHIP SEMICONDUCTOR CORP | 0.0% | $296,250 | 62.50K | -50.0% | ▼ Trim | 9+ |
Common-stock (SH) positions only; option lines are in the Options tab and are never netted. ✂ = change computed against split-adjusted prior shares. “Held N+” = held every quarter in our window, possibly longer.
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| EGO Eldorado Gold… | 13.75M | n/a | New | $427.00M | 16.2% | |
| KSPI Joint Stock Company… | 106.00K | n/a | New | $9.18M | 0.3% | |
| RCI Rogers Communications… | 150.20K | n/a | New | $4.87M | 0.2% | |
| DPZ Domino's Pizza, Inc. | 7.23K | n/a | New | $2.14M | 0.1% | |
| EA Electronic Arts Inc. | 5.10K | n/a | New | $1.05M | 0.0% | |
| CPAC | 50.00K | n/a | New | $594,500 | 0.0% |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| ORLA Orla Mining Ltd. | 58.40M | 31.82M | +83.5% | $568.46M | 21.5% | |
| KHC The Kraft Heinz Company | 14.31M | 5.27M | +171.6% | $337.63M | 12.8% | ●●○○○○ |
| UAA Under Armour, Inc. | 45.36M | 43.00M | +5.5% | $289.83M | 11.0% | ●●●○○○ |
| TAP Molson Coors Beverage… | 1.99M | 1.44M | +38.6% | $77.67M | 2.9% | ●●●●●● |
| WEN The Wendy's Company | 8.01M | 3.27M | +144.9% | $66.29M | 2.5% | ●●○○○○ |
| PFE Pfizer Inc. | 1.04M | 990.90K | +5.3% | $25.12M | 1.0% | ●●○○○○ |
| WBD Warner Bros. Discovery… | 81.90K | 57.90K | +41.5% | $2.18M | 0.1% | ●●○○○○ |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| GTX Garrett Motion Inc. | 102.78K | 184.46K | -44.3% | $3.72M | 0.1% | ●●●●○○ |
| MX | 62.50K | 125.00K | -50.0% | $296,250 | 0.0% |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| KW Kennedy-Wilson… | n/a | 13.32M | Exit | $144.28M | 7.4% | |
| BB BlackBerry Limited | n/a | 34.98M | Exit | $113.34M | 5.8% | |
| PRTH | n/a | 70.50K | Exit | $332,760 | 0.0% |
Consecutive quarters each current position has been reported, within our data window.
| Manager | Common positions | Name overlap | Weighted similarity | |
|---|---|---|---|---|
| Dodge & Cox | 8 | 3.2% | 0.0686 | Compare ⇄ |
| Viking Global Investors | 3 | 2.6% | 0.0381 | Compare ⇄ |
| Hotchkis & Wiley Capital Management Llc | 7 | 1.5% | 0.0381 | Compare ⇄ |
| Pacer Advisors, Inc. | 17 | 1.0% | 0.0378 | Compare ⇄ |
| Group One Trading Llc | 17 | 0.8% | 0.0336 | Compare ⇄ |
| Capital World Investors | 8 | 1.2% | 0.0329 | Compare ⇄ |
| Clearbridge Investments, LLC | 12 | 1.7% | 0.0325 | Compare ⇄ |
| Walleye Trading LLC | 17 | 1.8% | 0.0262 | Compare ⇄ |
Similarity of reported longs only; hedges and non-13F assets are invisible. Methodology
$2.64B · 32 holdings listed · View original SEC filing ↗
$1.94B · 29 holdings listed · View original SEC filing ↗
$2.08B · 29 holdings listed · View original SEC filing ↗
$2.06B · 29 holdings listed · View original SEC filing ↗
$1.87B · 28 holdings listed · View original SEC filing ↗
$1.84B · 29 holdings listed · View original SEC filing ↗
$1.56B · 31 holdings listed · View original SEC filing ↗
$1.10B · 31 holdings listed · View original SEC filing ↗
$1.18B · 38 holdings listed · View original SEC filing ↗