---
title: Prem Watsa (Fairfax Financial Holdings Ltd) — 13F holdings
canonical: https://sweetvaluelab.com/investors/prem-watsa
cik: 0000915191
quarter: 2026-06-30
filed: 2026-08-14
---
# Prem Watsa — Fairfax Financial Holdings Ltd

Latest 13F for the quarter ended Jun 30, 2026, filed Aug 14, 2026: 32 positions worth $2.6B. Against the quarter ended Mar 31, 2026: 6 bought, 7 added to, 17 unchanged, 2 reduced, 3 sold. The top five are 72% of the portfolio, the top ten 91%; 10 of the positions have a research page on this site.

## Holdings

| Ticker | Issuer | Shares | Value | % of portfolio | Change this quarter |
| --- | --- | ---: | ---: | ---: | --- |
| ORLA | ORLA MINING LTD | 58,399,504 | $568.5M | 21.5% | added (+84%) |
| EGO | ELDORADO GOLD CORP | 13,746,506 | $427.0M | 16.2% | bought |
| KHC | KRAFT HEINZ CO | 14,306,500 | $337.6M | 12.8% | added (+172%) |
| UAA | UNDER ARMOUR INC | 45,356,965 | $289.8M | 11.0% | added (+5%) |
| CVS | CVS HEALTH CORP | 2,712,000 | $280.5M | 10.6% | held (0%) |
| CLF | CLEVELAND-CLIFFS INC | 14,899,273 | $139.9M | 5.3% | held (0%) |
| UA | UNDER ARMOUR INC | 21,999,128 | $136.6M | 5.2% | held (0%) |
| TAP | MOLSON COORS BEVERAGE CO | 1,994,500 | $77.7M | 2.9% | added (+39%) |
| ATS | ATS CORP | 2,486,400 | $70.5M | 2.7% | held (0%) |
| WEN | WENDYS CO | 8,005,627 | $66.3M | 2.5% | added (+145%) |
| TSM | TAIWAN SEMICONDUCTOR MFG LTD | 93,700 | $44.7M | 1.7% | held (0%) |
| HP | HELMERICH & PAYNE INC | 1,174,105 | $38.5M | 1.5% | held (0%) |
| BNS | BANK NOVA SCOTIA | 359,100 | $31.2M | 1.2% | held (0%) |
| GM | GENERAL MOTORS CO | 375,965 | $29.0M | 1.1% | held (0%) |
| PFE | PFIZER INC | 1,043,900 | $25.1M | 1.0% | added (+5%) |
| MRK | MERCK & CO INC | 172,900 | $22.2M | 0.8% | held (0%) |
| JNJ | JOHNSON & JOHNSON | 73,400 | $18.6M | 0.7% | held (0%) |
| KSPI | KASPI KZ JSC | 106,000 | $9.2M | 0.3% | bought |
| RCI | ROGERS COMMUNICATIONS INC | 150,200 | $4.9M | 0.2% | bought |
| GTX | GARRETT MOTION INC | 102,783 | $3.7M | 0.1% | reduced (-44%) |
| CNI | CANADIAN NATIONAL RAILWAY CO | 24,800 | $3.0M | 0.1% | held (0%) |
| CIGI | COLLIERS INTL GROUP INC | 25,000 | $2.3M | 0.1% | held (0%) |
| WBD | WARNER BROS DISCOVERY INC | 81,900 | $2.2M | 0.1% | added (+41%) |
| DPZ | DOMINO'S PIZZA INC | 7,230 | $2.1M | 0.1% | bought |
| CPRI | CAPRI HOLDINGS LTD | 78,100 | $1.5M | 0.1% | held (0%) |
| LULU | LULULEMON ATHLETICA INC | 12,500 | $1.4M | 0.1% | held (0%) |
| PENN | PENN ENTERTAINMENT INC | 54,900 | $1.2M | 0.0% | held (0%) |
| EA | ELECTRONIC ARTS INC | 5,100 | $1.0M | 0.0% | bought |
| BRK/A | BERKSHIRE HATHAWAY INC | 1 | $748,836 | 0.0% | held (0%) |
| BRSL | BRIGHTSTAR LOTTERY PLC | 68,733 | $737,505 | 0.0% | held (0%) |
| CPAC | CEMENTOS PACASMAYO SAA | 50,000 | $594,500 | 0.0% | bought |
| MX | MAGNACHIP SEMICONDUCTOR CORP | 62,500 | $296,250 | 0.0% | reduced (-50%) |

## Largest moves this quarter

| Ticker | Issuer | Shares now | Shares before | Change | Bought / sold at reported prices | Value |
| --- | --- | ---: | ---: | --- | ---: | ---: |
| EGO | ELDORADO GOLD CORP | 13,746,506 | 0 | bought | +$427.0M | $427.0M |
| ORLA | ORLA MINING LTD | 58,399,504 | 31,817,229 | added (+84%) | +$258.7M | $568.5M |
| KHC | KRAFT HEINZ CO | 14,306,500 | 5,268,200 | added (+172%) | +$213.3M | $337.6M |
| 13K | KENNEDY-WILSON HOLDINGS INC | 0 | 13,322,009 | sold | −$144.3M | $0 |
| BB | BLACKBERRY LTD | 0 | 34,980,220 | sold | −$113.3M | $0 |
| WEN | WENDYS CO | 8,005,627 | 3,268,902 | added (+145%) | +$39.2M | $66.3M |
| TAP | MOLSON COORS BEVERAGE CO | 1,994,500 | 1,438,500 | added (+39%) | +$21.7M | $77.7M |

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Source: https://sweetvaluelab.com/investors/prem-watsa (SweetValueLab, free, no account). Holdings from SEC Form 13F-HR filings; tickers resolved from CUSIPs. Values as reported by the filer. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.