# Prem Watsa — Fairfax Financial Holdings

Source: SEC EDGAR 13F filings (CIK 0000915191).
Page URL: https://superinvestorclub.com/manager/71
Last updated: 2026-07-08T11:35:44.552Z

## Summary

As of the 2026-03-31 reporting period (filed 2026-05-15), Prem Watsa reported 29 long equity positions in their Fairfax Financial Holdings 13F filing, with a total reported value of $1.94B.

### About

Canadian Buffett

## Top 25 holdings

| Rank | Ticker | Company | Shares | Value | % of Portfolio | Change |
|------|--------|---------|--------|-------|----------------|--------|
| 1 | ORLA | ORLA MINING LTD | 31817229 | $501.6M | 25.82% | — |
| 2 | UA | UNDER ARMOUR INC | 43000872 | $253.7M | 13.06% | +2.5% |
| 3 | CVS | CVS HEALTH CORP | 2712000 | $194.8M | 10.03% | — |
| 4 | KW | KENNEDY-WILSON HOLDINGS INC | 13322009 | $144.3M | 7.43% | — |
| 5 | UA | UNDER ARMOUR INC | 21999128 | $126.9M | 6.53% | 132.6% |
| 6 | CLF | CLEVELAND-CLIFFS INC | 14899273 | $125.7M | 6.47% | — |
| 7 | KHC | KRAFT HEINZ CO | 5268200 | $118.4M | 6.10% | +2.9% |
| 8 | BB | BLACKBERRY LTD | 34980220 | $113.3M | 5.83% | — |
| 9 | ATS | ATS CORP | 2486400 | $69.4M | 3.57% | — |
| 10 | TAP-A | MOLSON COORS BEVERAGE CO | 1438500 | $61.9M | 3.19% | +7.5% |
| 11 | HP | HELMERICH & PAYNE INC | 1174105 | $42.3M | 2.18% | — |
| 12 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | 93700 | $31.7M | 1.63% | — |
| 13 | GM | GENERAL MOTORS CO | 375965 | $28.0M | 1.44% | — |
| 14 | PFE | PFIZER INC | 990900 | $27.8M | 1.43% | +11.2% |
| 15 | BNS | BANK NOVA SCOTIA | 359100 | $24.8M | 1.28% | — |
| 16 | WEN | WENDYS CO | 3268902 | $22.8M | 1.17% | NEW |
| 17 | MRK | MERCK & CO INC | 172900 | $20.8M | 1.07% | — |
| 18 | JNJ | JOHNSON & JOHNSON | 73400 | $17.9M | 0.92% | — |
| 19 | GTX | GARRETT MOTION INC | 184460 | $3.4M | 0.17% | -29.2% |
| 20 | CIGI | COLLIERS INTL GROUP INC | 25000 | $2.6M | 0.13% | +13.6% |
| 21 | CNI | CANADIAN NATIONAL RAILWAY CO | 24800 | $2.5M | 0.13% | +25.3% |
| 22 | LULU | LULULEMON ATHLETICA INC | 12500 | $1.9M | 0.10% | — |
| 23 | WBD | WARNER BROS DISCOVERY INC | 57900 | $1.6M | 0.08% | NEW |
| 24 | CPRI | CAPRI HOLDINGS LTD | 78100 | $1.4M | 0.07% | — |
| 25 | BRSL | BRIGHTSTAR LOTTERY PLC | 68733 | $874,971 | 0.05% | +87.6% |

## New positions this quarter (2)

- WEN (WENDYS CO): 3268902 shares, $22.8M
- WBD (WARNER BROS DISCOVERY INC): 57900 shares, $1.6M

## Increased positions (7)

- UA: 43000872 shares (+2.5%), $253.7M
- KHC: 5268200 shares (+2.9%), $118.4M
- TAP-A: 1438500 shares (+7.5%), $61.9M
- PFE: 990900 shares (+11.2%), $27.8M
- CIGI: 25000 shares (+13.6%), $2.6M
- CNI: 24800 shares (+25.3%), $2.5M
- BRSL: 68733 shares (+87.6%), $874,971

## Reduced positions (2)

- UA: 21999128 shares (132.6%), $126.9M
- GTX: 184460 shares (-29.2%), $3.4M

## Sold positions (2)

- OXY: previously held 6050418 shares worth $248.7M
- VOO: previously held 58248 shares worth $36.5M

## Filing history (9)

- 2026-03-31 (filed 2026-05-15)
- 2025-12-31 (filed 2026-02-17)
- 2025-09-30 (filed 2025-11-14)
- 2025-06-30 (filed 2025-08-14)
- 2025-03-31 (filed 2025-05-15)
- 2024-12-31 (filed 2025-02-14)
- 2024-09-30 (filed 2024-11-14)
- 2024-06-30 (filed 2024-08-14)
- 2024-03-31 (filed 2024-05-15)

## Citation

When citing, use: "Prem Watsa, Fairfax Financial Holdings, SEC 13F filing for period 2026-03-31, via Superinvestor (https://superinvestorclub.com/manager/71)".