What Prem Watsa Bought in Q4 2025
Fairfax Financial Holdings · Quarterly 13F recap as filed with the SEC.
Period: 2025-12-31 · Filed · Historical
$2.08B
Total Value
29
Holdings
3
New Buys
5
Reduced
In Q4 2025, Prem Watsa reported 29 long equity positions worth $2.08B in their Fairfax Financial Holdings 13F filing, including 3 new positions (largest: UNDER ARMOUR INC at $45.4M) and 1 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | ORLA | ORLA MINING LTD | 31817229 | $423.6M | 20.33% | -44.0% |
| 2 | OXY | OCCIDENTAL PETROLEUM CORP | 6050418 | $248.7M | 11.94% | — |
| 3 | CVS | CVS HEALTH CORP | 2712000 | $215.2M | 10.33% | — |
| 4 | UAA | UNDER ARMOUR INC | 41958923 | $208.5M | 10.01% | 564.8% |
| 5 | CLF | CLEVELAND-CLIFFS INC | 14899273 | $197.7M | 9.49% | — |
| 6 | BB | BLACKBERRY LTD | 34980220 | $132.2M | 6.35% | -1.2% |
| 7 | KW | KENNEDY-WILSON HOLDINGS INC | 13322009 | $128.8M | 6.18% | — |
| 8 | KHC | KRAFT HEINZ CO | 5119000 | $124.1M | 5.96% | — |
| 9 | ATS | ATS CORP | 2486400 | $68.3M | 3.28% | — |
| 10 | TAP | MOLSON COORS BEVERAGE CO | 1338500 | $62.5M | 3.00% | +3.8% |
| 11 | UA | UNDER ARMOUR INC | 9457355 | $45.4M | 2.18% | NEW |
| 12 | VOO | Vanguard S&P 500 ETF | 58248 | $36.5M | 1.75% | — |
| 13 | HP | HELMERICH & PAYNE INC | 1174105 | $33.7M | 1.62% | — |
| 14 | GM | GENERAL MOTORS CO | 375965 | $30.6M | 1.47% | — |
| 15 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | 93700 | $28.5M | 1.37% | — |
| 16 | BNS | BANK OF NOVA SCOTIA | 359100 | $26.5M | 1.27% | — |
| 17 | PFE | PFIZER INC | 890900 | $22.2M | 1.06% | — |
| 18 | MRK | MERCK & CO INC | 172900 | $18.2M | 0.87% | — |
| 19 | JNJ | JOHNSON & JOHNSON | 73400 | $15.2M | 0.73% | — |
| 20 | GTX | GARRETT MOTION INC | 260460 | $4.5M | 0.22% | -13.7% |
| 21 | CIGI | COLLIERS INTL GROUP INC | 22000 | $3.2M | 0.15% | — |
| 22 | LULU | LULULEMON ATHLETICA INC | 12500 | $2.6M | 0.12% | -50.0% |
| 23 | CNI | CANADIAN NATIONAL RAILWAY CO | 19800 | $2.0M | 0.09% | NEW |
| 24 | CPRI | CAPRI HOLDINGS LTD | 78100 | $1.9M | 0.09% | — |
| 25 | PENN | PENN ENTERTAINMENT INC | 54900 | $809K | 0.04% | — |
| 26 | BRK.A | Berkshire Hathaway Inc. Class A | 1 | $753K | 0.04% | — |
| 27 | BRSL | BRIGHTSTAR LOTTERY PLC | 36633 | $567K | 0.03% | — |
| 28 | PRTHU | PRIORITY TECH HOLDINGS INC | 70500 | $384K | 0.02% | NEW |
| 29 | MX | MAGNACHIP SEMICONDUCTOR CORP | 125000 | $316K | 0.02% | — |