Q2 2026 · SEC CIK 0000915191

Prem Watsa portfolio

SuperinvestorInsurance companyFairfax Financial Holdings Ltd/ Can filed on 2026-08-14. Open SEC filings ↗

Reported 13F value: $2.6B
Reported positions: 32
Eligible equities: 28
Holdings vs S&P 500, 3 years: -7.1 pts

Average holding period of the top positions: 2.0 yrs. Holdings vs the S&P 500 over 1 and 5 years: +0.5 pts, -0.7 pts.

In its Q2 2026 13F, filed 2026-08-14, Fairfax Financial Holdings Ltd/ Can reported 32 positions worth $2.6B. Its largest holdings were ELDORADO GOLD CORP (EGO, 16.2%), KRAFT HEINZ CO (KHC, 12.8%), UNDER ARMOUR INC (UAA, 11.0%). Over the last 3 years its top holdings ran 7.1 points a year behind the S&P 500.

Reported holdings in the Q2 2026 13F.

The portfolio weight uses the full reported share-portfolio denominator. Weight changes compare this 13F with the one before it; price moves also change weights, so these are not trade labels. “New” means the position was not in the previous 13F at all; “—” marks a small position the earlier filing data does not cover.

Prem Watsa eligible holdings
Stock	% of reported portfolio	Prior quarter	Weight change	Reported shares	Reported value
EGOELDORADO GOLD CORP	16.2%	New	New	13,746,506	$427.0M
KHCKRAFT HEINZ CO	12.8%	6.1%	+6.70 pp	14,306,500	$337.6M
UAAUNDER ARMOUR INC	11.0%	13.1%	-2.08 pp	45,356,965	$289.8M
CVSCVS HEALTH CORP	10.6%	10.0%	+0.61 pp	2,712,000	$280.5M
CLFCLEVELAND-CLIFFS INC	5.3%	6.5%	-1.17 pp	14,899,273	$139.9M
UAUNDER ARMOUR INC	5.2%	6.5%	-1.36 pp	21,999,128	$136.6M
TAPMOLSON COORS BEVERAGE CO	2.9%	3.2%	-0.24 pp	1,994,500	$77.7M
ATSATS CORP	2.7%	3.6%	-0.90 pp	2,486,400	$70.5M
WENWENDYS CO	2.5%	1.2%	+1.34 pp	8,005,627	$66.3M
TSMTAIWAN SEMICONDUCTOR MFG LTD	1.7%	1.6%	+0.06 pp	93,700	$44.7M
HPHELMERICH & PAYNE INC	1.5%	2.2%	-0.72 pp	1,174,105	$38.5M
BNSBANK NOVA SCOTIA	1.2%	1.3%	-0.10 pp	359,100	$31.2M
GMGENERAL MOTORS CO	1.1%	1.4%	-0.34 pp	375,965	$29.0M
PFEPFIZER INC	1.0%	1.4%	-0.48 pp	1,043,900	$25.1M
MRKMERCK & CO INC	0.8%	1.1%	-0.23 pp	172,900	$22.2M
JNJJOHNSON & JOHNSON	0.7%	0.9%	-0.22 pp	73,400	$18.6M
KSPIKASPI KZ JSC	0.3%	New	New	106,000	$9.2M
RCIROGERS COMMUNICATIONS INC	0.2%	New	New	150,200	$4.9M
GTXGARRETT MOTION INC	0.1%	0.2%	-0.03 pp	102,783	$3.7M
CNICANADIAN NATIONAL RAILWAY CO	0.1%	0.1%	-0.02 pp	24,800	$3.0M
CIGICOLLIERS INTL GROUP INC	0.1%	0.1%	-0.05 pp	25,000	$2.3M
WBDWARNER BROS DISCOVERY INC	0.1%	0.1%	+0.00 pp	81,900	$2.2M
DPZDOMINO'S PIZZA INC	0.1%	New	New	7,230	$2.1M
CPRICAPRI HOLDINGS LTD	0.1%	0.1%	-0.02 pp	78,100	$1.5M
LULULULULEMON ATHLETICA INC	0.1%	0.1%	-0.04 pp	12,500	$1.4M
PENNPENN ENTERTAINMENT INC	0.0%	0.0%	+0.00 pp	54,900	$1.2M
BRK-ABERKSHIRE HATHAWAY INC	0.0%	0.0%	-0.01 pp	1	$749K
CPACCEMENTOS PACASMAYO SAA	0.0%	New	New	50,000	$595K

What Prem Watsa bought and sold in Q2 2026, against Q1 2026.

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +18.9% /yr; S&P 500 +20.1%
3 years: +10.8% /yr; S&P 500 +20.4%
5 years: +9.9% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Questions about Prem Watsa's portfolio

What stocks does Prem Watsa own?

Fairfax Financial Holdings Ltd/ Can's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 32 positions worth $2.6B. The largest are Orla Mng Ltd New (ORLA) at 21.5%, Eldorado Gold Corp New (EGO) at 16.2%, Kraft Heinz Co (KHC) at 12.8%, Under Armour Inc (UAA) at 11.0% and Cvs Caremark Corporation (CVS) at 10.6%.

What did Prem Watsa buy last quarter?

In Q2 2026, Fairfax Financial Holdings Ltd/ Can added a new position in Eldorado Gold Corp New (EGO), a new position in Kaspi Kz Jsc (KSPI), a new position in Rogers Communications Inc (RCI), a new position in Dominos Pizza Inc (DPZ), a new position in Electronic Arts Inc (EA), Kraft Heinz Co (KHC) (+171.6% shares), Wendys Company Com (WEN) (+144.9% shares) and Orla Mng Ltd New (ORLA) (+83.5% shares), compared with its Q1 2026 filing.

What did Prem Watsa sell last quarter?

In Q2 2026, Fairfax Financial Holdings Ltd/ Can sold all of Kennedy-Wilson Holdings Inc (KW), sold all of Blackberry Ltd (BBRYF), sold all of Priority Technology Hldgs in (PRTH), Magnachip Semiconductor Corp (MX) (-50.0% shares) and Garrett Motion Inc (GTX) (-44.3% shares), compared with its Q1 2026 filing.

How has Prem Watsa's portfolio performed?

A portfolio copying Fairfax Financial Holdings Ltd/ Can's 20 largest 13F holdings each quarter, from the day each filing was public, returned +10.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +18.9% against +20.1%. Over 5 years: +9.9% a year against +11.6%.

When is Fairfax Financial Holdings Ltd/ Can's next 13F filing due?

13F filings are due 45 days after each quarter ends. Fairfax Financial Holdings Ltd/ Can's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.