Fairfax Financial Holdings

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Prem Watsa's Fairfax Financial Holdings reported 32 stock positions worth $2.6 billion. Its top holding was Orla Mining (ORLA) at 21.5% of the portfolio, followed by Eldorado Gold (EGO, 16.2%) and Kraft Heinz (KHC, 12.8%). Compared with Q1 2026, it opened 6 new positions, sold out of 3, added to 7 and reduced 2. The biggest buy was a new position in Eldorado Gold (EGO) and the biggest sale an exit from Kennedy-Wilson (KW).

Most Recent 13F
Q2 2026
Notable People
Prem Watsa
Location
TORONTO, A6
CIK
0000915191
Portfolio Value
$2.6B (Q2 2026)
SEC Filing
0001104659-26-096276 ↗ filed Aug 14, 2026

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.1B Q3 2024 Q4 2024: $1.6B Q4 2024 Q1 2025: $1.8B Q1 2025 Q2 2025: $1.9B Q2 2025 Q3 2025: $2.1B Q3 2025 Q4 2025: $2.1B Q4 2025 Q1 2026: $1.9B Q1 2026 Q2 2026: $2.6B $2.6B Q2 2026

Holdings 32 stocks · $2.6B

ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW 21.55% 58,399,504 $568.5M Add +83.5%
EGO Eldorado Gold Corp. 16.18% 13,746,506 $427.0M New
KHC The Kraft Heinz Co. 12.80% 14,306,500 $337.6M Add +171.6%
UAA Under Armour Inc. Class A 10.98% 45,356,965 $289.8M Add +5.5%
CVS CVS Health Corp. 10.63% 2,712,000 $280.5M No change
CLF Cleveland-Cliffs Inc. 5.30% 14,899,273 $139.9M No change
UA Under Armour Inc. Class C 5.18% 21,999,128 $136.6M No change
TAP Molson Coors Beverage Co. Class B 2.94% 1,994,500 $77.7M Add +38.6%
ATS Ats Corp. 2.67% 2,486,400 $70.5M No change
WEN The Wendy's Co. 2.51% 8,005,627 $66.3M Add +144.9%
TSM Taiwan Semiconductor-SP ADR 1.69% 93,700 $44.7M No change
HP Helmerich & Payne 1.46% 1,174,105 $38.5M No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C 1.18% 359,100 $31.2M No change
GM General Motors Co. 1.10% 375,965 $29.0M No change
PFE Pfizer Inc. 0.95% 1,043,900 $25.1M Add +5.3%
MRK Merck & Co. Inc. 0.84% 172,900 $22.2M No change
JNJ Johnson & Johnson 0.71% 73,400 $18.6M No change
KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 0.35% 106,000 $9.2M New
RCI Rogers Communications Inc. Class B 0.18% 150,200 $4.9M New
GTX Garrett Motion Inc. 0.14% 102,783 $3.7M Reduce -44.3%
CNI Canadian Natl Railway Co. 0.11% 24,800 $3.0M No change
CIGI Colliers Intl GR-Subord Vot 0.09% 25,000 $2.3M No change
WBD Warner Bros Discovery Inc. 0.08% 81,900 $2.2M Add +41.5%
DPZ Domino's Pizza Inc. 0.08% 7,230 $2.1M New
CPRI Capri Holdings Ltd. 0.06% 78,100 $1.5M No change
LULU Lululemon Athletica Inc. 0.05% 12,500 $1.4M No change
PENN Penn Entertainment Inc. 0.04% 54,900 $1.2M No change
EA Electronic Arts Inc. 0.04% 5,100 $1.0M New
BRK.A Berkshire Hathaway Inc. Class A 0.03% 1 $749K No change
BRSL Brightstar Lottery PLC 0.03% 68,733 $738K No change
CPAC Cementos Pacasmayo Saa - ADR 0.02% 50,000 $595K New
MX Magnachip Semiconductor Corp. 0.01% 62,500 $296K Reduce -50.0%

Portfolio Sells Q1 2026 → Q2 2026

KW Kennedy-Wilson Holdings Inc. Sold out 0.00% −7.43
BB Blackberry Ltd. Sold out 0.00% −5.83
GTX Garrett Motion Inc. Reduce -44.3% 0.14% −0.03
PRTH Priority Technology Holdings Sold out 0.00% −0.02
MX Magnachip Semiconductor Corp. Reduce -50.0% 0.01% −0.01

Portfolio Buys Q1 2026 → Q2 2026

EGO Eldorado Gold Corp. New 16.18% +16.18
KHC The Kraft Heinz Co. Add +171.6% 12.80% +6.70
WEN The Wendy's Co. Add +144.9% 2.51% +1.34
KSPI JSC Kaspi.kz ADR New 0.35% +0.35
RCI Rogers Communications Inc. Class B New 0.18% +0.18
DPZ Domino's Pizza Inc. New 0.08% +0.08
EA Electronic Arts Inc. New 0.04% +0.04
CPAC Cementos Pacasmayo Saa - ADR New 0.02% +0.02
WBD Warner Bros Discovery Inc. Add +41.5% 0.08% +0.00
TAP Molson Coors Beverage Co. Class B Add +38.6% 2.94% −0.24
PFE Pfizer Inc. Add +5.3% 0.95% −0.48
UAA Under Armour Inc. Class A Add +5.5% 10.98% −2.07
ORLA Orla Mining Ltd. Add +83.5% 21.55% −4.27

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 32$2.6BORLA, EGO, KHC, UAA, CVS
Q1 2026 29$1.9BORLA, UAA, CVS, KW, UA
Q4 2025 29$2.1BORLA, OXY, CVS, UAA, CLF
Q3 2025 29$2.1BORLA, OXY, CVS, CLF, BB
Q2 2025 28$1.9BORLA, OXY, CVS, BB, KHC
Q1 2025 29$1.8BORLA, OXY, CVS, BB, CLF
Q4 2024 31$1.6BORLA, OXY, BB, KW, CVS
Q3 2024 31$1.1BOXY, ORLA, KW, BB, UAA
Q2 2024 38$1.2BOXY, ORLA, KW, BB, GOOGL
Q1 2024 42$1.2BOXY, ORLA, BB, KW, MU