13F portfolio / Value holding company
Fairfax Financial
Prem Watsa (founder, chairman)
Fairfax Financial is a Toronto-based holding company with insurance, reinsurance and investment operations, led by founder Prem Watsa. The 13F shows only its US-listed equity holdings.
- Reported 13F value
- $2.6B
- Positions
- 32
- Est. 1-yearEstimate
- —SPY +15.7%
- Est. 3-year, annualizedEstimate
- —SPY +22.8%
As of Jun 30, 2026 · filed Aug 14, 2026
Holdings
6 new · 7 added · 2 trimmed · 17 unchanged · 3 sold out
| 1 | — | Orla Mining LtdCOM | 21.5% | $568M | 58,399,504 | Added +83.5% | — | — | — |
| 2 | EGO on Yahoo Finance (opens in a new tab) | Eldorado Gold CorpCOM | 16.2% | $427M | 13,746,506 | New | $32.45 | $35.89 | +10.6% |
| 3 | KHC on Yahoo Finance (opens in a new tab) | Kraft Heinz CoCOM | 12.8% | $338M | 14,306,500 | Added +171.6% | $24.41 | $23.43 | -4.0% |
| 4 | UAA on Yahoo Finance (opens in a new tab) | Under Armour IncCL A | 11.0% | $290M | 45,356,965 | Added +5.5% | $5.07 | $4.80 | -5.5% |
| 5 | CVS on Yahoo Finance (opens in a new tab) | CVS Health CorpCOM | 10.6% | $281M | 2,712,000 | Unchanged | $52.42 | $92.25 | +76.0% |
| 6 | CLF on Yahoo Finance (opens in a new tab) | Cleveland-Cliffs IncCOM | 5.3% | $140M | 14,899,273 | Unchanged | $10.91 | $12.17 | +11.5% |
| 7 | UA on Yahoo Finance (opens in a new tab) | Under Armour IncCL C | 5.2% | $137M | 21,999,128 | Unchanged | $5.51 | $4.66 | -15.4% |
| 8 | TAP on Yahoo Finance (opens in a new tab) | Molson Coors Beverage CoCL B | 2.9% | $78M | 1,994,500 | Added +38.7% | $49.51 | $39.50 | -20.2% |
| 9 | ATS on Yahoo Finance (opens in a new tab) | Ats CorpCOM | 2.7% | $70M | 2,486,400 | Unchanged | $30.33 | $18.15 | -40.2% |
| 10 | WEN on Yahoo Finance (opens in a new tab) | Wendys CoCOM | 2.5% | $66M | 8,005,627 | Added +144.9% | $7.16 | $6.68 | -6.7% |
| 11 | TSM on Yahoo Finance (opens in a new tab) | Taiwan Semiconductor Mfg LtdSPONSORED ADS | 1.7% | $45M | 93,700 | Unchanged | $106.14* | $413.04 | +289.1% |
| 12 | HP on Yahoo Finance (opens in a new tab) | Helmerich & Payne IncCOM | 1.5% | $38M | 1,174,105 | Unchanged | $30.29* | $37.40 | +23.5% |
| 13 | BNS on Yahoo Finance (opens in a new tab) | Bank Nova ScotiaCOM | 1.2% | $31M | 359,100 | Unchanged | $42.32* | $91.20 | +115.5% |
| 14 | GM on Yahoo Finance (opens in a new tab) | General Motors CoCOM | 1.1% | $29M | 375,965 | Unchanged | $32.12* | $83.85 | +161.0% |
| 15 | PFE on Yahoo Finance (opens in a new tab) | Pfizer IncCOM | 1.0% | $25M | 1,043,900 | Added +5.3% | $25.65* | $29.51 | +15.1% |
| 16 | MRK on Yahoo Finance (opens in a new tab) | Merck & Co IncCOM | 0.8% | $22M | 172,900 | Unchanged | $97.38* | $146.65 | +50.6% |
| 17 | JNJ on Yahoo Finance (opens in a new tab) | Johnson & JohnsonCOM | 0.7% | $19M | 73,400 | Unchanged | $147.56* | $255.21 | +72.9% |
| 18 | KSPI on Yahoo Finance (opens in a new tab) | Kaspi KZ JscSPONSORED ADS | 0.3% | $9M | 106,000 | New | $81.29 | $92.90 | +14.3% |
| 19 | RCI on Yahoo Finance (opens in a new tab) | Rogers Communications IncCL B | 0.2% | $5M | 150,200 | New | $35.47 | $31.94 | -10.0% |
| 20 | GTX on Yahoo Finance (opens in a new tab) | Garrett Motion IncCOM | 0.1% | $4M | 102,783 | Trimmed -44.3% | $7.56* | $24.28 | +221.3% |
| 21 | CNI on Yahoo Finance (opens in a new tab) | Canadian National Railway CoCOM | 0.1% | $3M | 24,800 | Unchanged | $95.93 | $121.18 | +26.3% |
| 22 | CIGI on Yahoo Finance (opens in a new tab) | Colliers Intl Group IncSUB VTG SHS | 0.1% | $2M | 25,000 | Unchanged | $109.45* | $89.58 | -18.2% |
| 23 | WBD on Yahoo Finance (opens in a new tab) | Warner Bros Discovery IncCOM SER A | 0.1% | $2M | 81,900 | Added +41.5% | — | $30.95 | — |
| 24 | DPZ on Yahoo Finance (opens in a new tab) | Domino's Pizza IncCOM | 0.1% | $2M | 7,230 | New | $325.37 | $305.02 | -6.3% |
| 25 | CPRI on Yahoo Finance (opens in a new tab) | Capri Holdings LtdSHS | 0.1% | $1M | 78,100 | Unchanged | $47.49* | $15.86 | -66.6% |
| 26 | LULU on Yahoo Finance (opens in a new tab) | Lululemon Athletica IncCOM | 0.1% | $1M | 12,500 | Unchanged | $200.38 | $96.89 | -51.6% |
| 27 | PENN on Yahoo Finance (opens in a new tab) | Penn Entertainment IncCOM | 0.0% | $1M | 54,900 | Unchanged | $15.69 | $14.95 | -4.7% |
| 28 | — | Electronic Arts IncCOM | 0.0% | $1M | 5,100 | New | — | — | — |
| 29 | BRK/A on Yahoo Finance (opens in a new tab) | Berkshire Hathaway IncCL A | 0.0% | $749K | 1 | Unchanged | $551327.30* | $794223.56 | +44.1% |
| 30 | BRSL on Yahoo Finance (opens in a new tab) | Brightstar Lottery PLCSHS USD | 0.0% | $738K | 68,733 | Unchanged | $13.81 | $9.63 | -30.3% |
| 31 | CPAC on Yahoo Finance (opens in a new tab) | Cementos Pacasmayo SaaSPONSORED ADR | 0.0% | $594K | 50,000 | New | $10.84 | $12.61 | +16.4% |
| 32 | MX on Yahoo Finance (opens in a new tab) | Magnachip Semiconductor CorpCOM | 0.0% | $296K | 62,500 | Trimmed -50.0% | $8.03* | $2.61 | -67.6% |
Sold out since Q1 2026
- —Kennedy-Wilson Holdings Inc$144M at Q1 2026
- BB on Yahoo Finance (opens in a new tab)Blackberry Ltd$113M at Q1 2026
- PRTH on Yahoo Finance (opens in a new tab)Priority Tech Holdings Inc$333K at Q1 2026
Estimated, from reported holdings
Quarter by quarter
High-conviction buys (new positions at 3% or more of the portfolio) since Q3 2023: 4. Of 3 with six months of history, 33.3% beat the S&P 500 from the filing date.
Source: SEC Form 13F-HR 0001104659-26-096276, compared with the Q1 2026 report. 0 option rows are excluded from weights. Tickers map from CUSIP via OpenFIGI. Estimated returns weight each position’s next-quarter total return (Yahoo Finance adjusted closes) by its quarter-end value and assume no trades. Estimated cost averages daily adjusted closes in each quarter the share count rose, from Q3 2023 onward (* = held at the start of our data). Price is the latest close.
Important information
Form 13F data is delayed. Managers have up to 45 days after each calendar quarter to file, so holdings shown may have changed materially since the report date. 13F reports cover long positions in US-listed equities and certain other securities only; they exclude short positions, most non-US holdings, cash, bonds and private investments, and managers may request confidential treatment for some positions. Options rows are listed in filings but are not counted in the holdings and weights shown here.
Estimated holdings returns, estimated cost and high-conviction results are hypothetical calculations from quarter-end holdings and public prices, assuming no trades between reports. They are not the actual returns or costs of any fund or manager and do not reflect fees, trading, leverage, shorts or cash. Biographies are drawn from cited public sources. This page is for information only and is not individualized investment advice or a recommendation to buy or sell any security. Gulfstream Capital and its clients may hold positions in securities shown.