Fairfax Financial 13F holdings (Prem Watsa)
Fairfax Financial (Prem Watsa) reported its Q2 2026 13F on Aug 14, 2026. The filing shows a $2.6B US stock portfolio in 32 positions, 72% of it in the top five: ORLA Mining (22%), Eldorado Gold (16%), Kraft Heinz (13%), Under Armour Inc-Class A (11%) and CVS Health (11%). In Q2 2026 it opened 6 new positions, added to 7, trimmed 2 and sold out of 3. At today's prices that book is down 2.1% since the quarter closed. 13F filings arrive up to 45 days after the quarter ends and cover long US-listed positions only, so they show where the money was, not where it is now; this is educational analysis, not investment advice.
Q2 2026 13F, filed Aug 14, 2026. Prices as of Oct 23, 2026. Refreshed weekly from SEC EDGAR.
How big is Fairfax Financial's stock portfolio?
From the Q2 2026 13F, filed Aug 14, 2026. Prices are today's, so "since quarter-end" is how the book as filed has done since.
What does Fairfax Financial own?
The positions in its Q2 2026 13F, largest first. "This site's filters" is how many of this site's 8 value filters the stock passes; a stock this site tracks links to its own analysis.
| Stock | Weight | Size | Shares vs. last quarter | Quarters held | Since quarter-end | This site's filters |
|---|---|---|---|---|---|---|
| ORLAORLA Mining Ltd | 21.6% | $568M58.4M shares | +84% | 8+ | n/a | n/a |
| EGOEldorado Gold Corp | 16.2% | $427M13.7M shares | New | 1 | +6.0% | n/a |
| KHCKraft Heinz Co | 12.8% | $338M14.3M shares | +172% | 8+ | +6.3% | 3/8 |
| UAAUnder Armour Inc-Class A | 11.0% | $290M45.4M shares | +6% | 8+ | -23.6% | n/a |
| CVSCVS Health Corp | 10.6% | $281M2.7M shares | 0% | 7 | -8.7% | 5/8 |
| CLFCleveland-Cliffs Inc | 5.3% | $140M14.9M shares | 0% | 7 | +39.0% | n/a |
| UAUnder Armour Inc-Class C | 5.2% | $137M22.0M shares | 0% | 3 | -23.8% | n/a |
| TAPMolson Coors Beverage Co - B | 2.9% | $77.7M2.0M shares | +39% | 7 | +7.0% | n/a |
| ATSATS Corp | 2.7% | $70.5M2.5M shares | 0% | 8+ | -32.6% | n/a |
| WENWendy's Co | 2.5% | $66.3M8.0M shares | +145% | 2 | -20.7% | n/a |
| TSMTaiwan Semiconductor-Sp Adr | 1.7% | $44.7M93.7K shares | 0% | 8+ | -13.5% | n/a |
| HPHelmerich & Payne | 1.5% | $38.5M1.2M shares | 0% | 8+ | +13.4% | n/a |
| BNSBank of Nova Scotia | 1.2% | $31.2M359K shares | 0% | 8+ | +7.6% | n/a |
| GMGeneral Motors Co | 1.1% | $29.0M376K shares | 0% | 8+ | +0.2% | 3/8 |
| PFEPfizer Inc | 0.9% | $25.1M1.0M shares | +5% | 8+ | +26.4% | 4/8 |
| MRKMerck & Co. Inc. | 0.8% | $22.2M173K shares | 0% | 8+ | +14.7% | 2/8 |
| JNJJohnson & Johnson | 0.7% | $18.6M73.4K shares | 0% | 8+ | +5.4% | 3/8 |
| KSPIJsc Kaspi.kz Adr | 0.3% | $9.2M106K shares | New | 1 | +4.6% | n/a |
| RCIRogers Communications Inc-B | 0.2% | $4.9M150K shares | New | 1 | +2.4% | n/a |
| GTXGarrett Motion Inc | 0.1% | $3.7M103K shares | -44% | 8+ | -39.3% | n/a |
| CNICanadian Natl Railway Co | 0.1% | $3.0M24.8K shares | 0% | 3 | +4.9% | n/a |
| CIGIColliers Intl Gr-Subord Vot | 0.1% | $2.3M25.0K shares | 0% | 8+ | n/a | n/a |
| WBDWarner Bros Discovery Inc | 0.1% | $2.2M81.9K shares | +42% | 2 | +16.3% | n/a |
| DPZDomino's Pizza Inc | 0.1% | $2.1M7.2K shares | New | 1 | +7.4% | 3/8 |
| n/aCapri Holdings Ltd | 0.1% | $1.5M78.1K shares | 0% | 8+ | n/a | n/a |
| LULULululemon Athletica Inc | 0.1% | $1.4M12.5K shares | 0% | 4 | -8.8% | 4/8 |
| PENNPENN Entertainment Inc | 0.0% | $1.2M54.9K shares | 0% | 5 | n/a | n/a |
| EAElectronic Arts Inc | 0.0% | $1.0M5.1K shares | New | 1 | n/a | n/a |
| BRK.ABerkshire Hathaway Inc | 0.0% | $749K1 shares | 0% | 8+ | +9.6% | n/a |
| n/aBrightstar Lottery Plc | 0.0% | $738K68.7K shares | 0% | 4 | n/a | n/a |
| CPACCementos Pacasmayo Saa - Adr | 0.0% | $595K50.0K shares | New | 1 | +7.4% | n/a |
| MXMagnachip Semiconductor Corp | 0.0% | $296K62.5K shares | -50% | 8+ | -48.5% | n/a |
What did Prem Watsa buy and sell in Q2 2026?
Compared with Q1 2026. A position counts as added or trimmed when its share count moved by 5% or more.
Bought (new)
Added to
Trimmed
Sold out
How has Fairfax Financial's portfolio changed over time?
The reported stock book each quarter. It includes market moves as well as buying and selling.
| Quarter | Stock book | Positions | Change |
|---|---|---|---|
| Q3 2024 | $1.1B | 31 | n/a |
| Q4 2024 | $1.6B | 31 | +41.6% |
| Q1 2025 | $1.8B | 29 | +18.5% |
| Q2 2025 | $1.9B | 28 | +1.4% |
| Q3 2025 | $2.1B | 29 | +10.3% |
| Q4 2025 | $2.1B | 29 | +0.9% |
| Q1 2026 | $1.9B | 29 | -6.8% |
| Q2 2026 | $2.6B | 32 | +35.8% |
Frequently asked questions about Fairfax Financial
What does Fairfax Financial own?
Fairfax Financial's Q2 2026 13F lists 32 positions worth $2.6B. The largest are ORLA Mining (22%), Eldorado Gold (16%), Kraft Heinz (13%), Under Armour Inc-Class A (11%) and CVS Health (11%), together 72% of the book. The full table is above; each stock this site tracks links to its own analysis.
What did Prem Watsa buy and sell in Q2 2026?
Compared with Q1 2026, Fairfax Financial opened 6 new positions (EGO, KSPI and RCI and more), added to 7, trimmed 2 and sold out of 3 (KW, BB and PRTH). A position counts as added or trimmed when its share count moved by 5% or more.
How concentrated is Fairfax Financial's portfolio?
The top position is 22% of the book, the top five 72% and the top ten 91%, across 32 positions. Estimated turnover last quarter was 48% of the book.
When does Fairfax Financial file its next 13F?
Managers file within 45 days after each quarter ends. For the quarter ending Sep 30, 2026, the deadline is about Nov 16, 2026 (a weekend deadline moves to the next business day). This page updates when the filing is on EDGAR.
Can you see Prem Watsa's cost basis or profit?
No. A 13F lists positions at quarter-end, not what was paid or when, and it excludes shorts and non-US holdings. This page shows each stock's price change since the quarter closed (the whole book as filed is -2.1%, with 78% of it priced) and since the position first appeared, which is a rough read and not their profit.
Where does this data come from?
- Holdings: Fairfax Financial's Form 13F-HR filings, listed on SEC EDGAR; the latest, filed Aug 14, 2026, is here. The Q2 2026 book was filed Aug 14, 2026.
- Prices and tickers: today's prices are from Finnhub, matched to each filing's securities with OpenFIGI; "since quarter-end" compares today's price with the price implied by the filing (value divided by shares).
- Limits: a 13F covers long US-listed positions only, up to 45 days after the quarter ends: no shorts, no cost basis, no trades inside the quarter. Read the Editorial Standards for how this site treats filings, and Form 13F in the glossary.
About this page
This page lists everything in Fairfax Financial's latest Form 13F (Prem Watsa): every position, what changed last quarter and how the stocks have moved since. Every figure comes from SEC filings and is refreshed weekly; read the Editorial Standards for the rules, or open Superinvestors to compare all 25 investors. Educational content only, not investment advice.