Conglomerate · CIK 0000915191

Prem Watsa

Fairfax Financial

Prem Watsa runs Fairfax Financial, a conglomerate overseeing $2.08B in disclosed equity holdings (SEC CIK 0000915191). The latest portfolio (2025Q4) discloses 29 positions across 9 sectors, with the largest positions in ORLA, OXY and CVS. On a mark-to-market basis the tracked portfolio has returned 46.9% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Track Prem's filings View holdings

Portfolio

$2.08B

Positions

Quarter

2025Q4

Filings tracked

1Y+46.9%3Y+92.7%5Y+192.1%Full performance →

Quarter

2025Q4 2025Q3 2025Q2 2025Q1 2024Q4 2024Q3 2024Q2 2024Q1 2023Q4 2023Q3 2023Q2 2023Q1

Holdings

Sorted by value · 2025Q4

Sector29 positions

ORLAORLA MNG LTD NEW

Basic Materials·Gold

20.33%

of portfolio

Number of shares

31,817,229 sh

Holdings current value

$423.61M

Avg closing price

$3.67

Last action

Trimmed 44.0%

2025Q4

Current —

OXYOCCIDENTAL PETE CORP

Energy·Oil & Gas E&P

11.94%

of portfolio

Number of shares

6,050,418 sh

Holdings current value

$248.73M

Avg closing price

$60.00

Last action

Added 0.5%

2025Q2

Current —

CVSCVS HEALTH CORP

Healthcare·Healthcare Plans

10.33%

of portfolio

Number of shares

2,712,000 sh

Holdings current value

$215.20M

Avg closing price

$45.05

+70.4%

Last action

New holding

2024Q4

Current $76.79

UAAUNDER ARMOUR INC

Consumer Cyclical·Apparel Manufacturing

10.01%

of portfolio

Number of shares

41,958,923 sh

Holdings current value

$208.54M

Avg closing price

$5.34

+17.3%

Last action

Added 564.8%

2025Q4

Current $6.26

CLFCLEVELAND-CLIFFS INC NEW

Basic Materials·Steel

9.49%

of portfolio

Number of shares

14,899,273 sh

Holdings current value

$197.71M

Avg closing price

$8.69

+11.9%

Last action

Added 152.6%

2025Q1

Current $9.72

BBBLACKBERRY LTD

Technology·Software - Infrastructure

6.35%

of portfolio

Number of shares

34,980,220 sh

Holdings current value

$132.23M

Avg closing price

$8.11

Last action

Trimmed 1.2%

2025Q4

Current —

KWKENNEDY-WILSON HOLDINGS INC

Real Estate·Real Estate Services

6.18%

of portfolio

Number of shares

13,322,009 sh

Holdings current value

$128.82M

Avg closing price

$21.19

Last action

Added 8.1%

2018Q1

Current —

KHCKRAFT HEINZ CO

Consumer Defensive·Packaged Foods

5.96%

of portfolio

Number of shares

5,119,000 sh

Holdings current value

$124.08M

Avg closing price

$29.67

-23.9%

Last action

Added 4.8%

2025Q3

Current $22.59

ATSATS CORPORATION

Industrials·Specialty Industrial Machinery

3.28%

of portfolio

Number of shares

2,486,400 sh

Holdings current value

$68.28M

Avg closing price

$29.97

Last action

Added 4285.2%

2024Q4

Current —

TAPMOLSON COORS BEVERAGE CO

Consumer Defensive·Beverages - Brewers

3.00%

of portfolio

Number of shares

1,338,500 sh

Holdings current value

$62.49M

Avg closing price

$56.26

-21.5%

Last action

Added 3.8%

2025Q4

Current $44.17

UAUNDER ARMOUR INC

Consumer Cyclical·Apparel Manufacturing

2.18%

of portfolio

Number of shares

9,457,355 sh

Holdings current value

$45.40M

Avg closing price

$4.98

Last action

New holding

2025Q4

Current —

VOOVANGUARD INDEX FDSETF

1.75%

of portfolio

Number of shares

58,248 sh

Holdings current value

$36.52M

Avg closing price

$492.20

+31.0%

Last action

Trimmed 20.1%

2025Q3

Current $644.86

HPHELMERICH & PAYNE INC

Energy·Oil & Gas Drilling

1.62%

of portfolio

Number of shares

1,174,105 sh

Holdings current value

$33.66M

Avg closing price

$29.19

+19.7%

Last action

Added 20.5%

2025Q3

Current $34.94

GMGENERAL MTRS CO

Consumer Cyclical·Auto Manufacturers

1.47%

of portfolio

Number of shares

375,965 sh

Holdings current value

$30.58M

Avg closing price

$34.90

+123.7%

Last action

Added 367.2%

2018Q3

Current $78.05

TSMTAIWAN SEMICONDUCTOR MFG LTDADR

Technology·Semiconductors

1.37%

of portfolio

Number of shares

93,700 sh

Holdings current value

$28.47M

Avg closing price

$88.13

+312.3%

Last action

Trimmed 33.9%

2025Q2

Current $363.35

BNSBANK NOVA SCOTIA B C

Financial Services·Banks - Diversified

1.27%

of portfolio

Number of shares

359,100 sh

Holdings current value

$26.49M

Avg closing price

$50.29

+49.1%

Last action

Added 24.2%

2024Q4

Current $75.00

PFEPFIZER INC

Healthcare·Drug Manufacturers - General

1.06%

of portfolio

Number of shares

890,900 sh

Holdings current value

$22.18M

Avg closing price

$30.28

Last action

Added 36.9%

2025Q3

Current —

MRKMERCK & CO INC

Healthcare·Drug Manufacturers - General

0.87%

of portfolio

Number of shares

172,900 sh

Holdings current value

$18.20M

Avg closing price

$80.44

+43.5%

Last action

Added 40.7%

2021Q1

Current $115.46

JNJJOHNSON & JOHNSON

Healthcare·Drug Manufacturers - General

0.73%

of portfolio

Number of shares

73,400 sh

Holdings current value

$15.19M

Avg closing price

$111.37

+110.6%

Last action

Trimmed 50.0%

2020Q1

Current $234.54

GTXGARRETT MOTION INC

Consumer Cyclical·Auto Parts

0.22%

of portfolio

Number of shares

260,460 sh

Holdings current value

$4.54M

Avg closing price

$8.30

Last action

Trimmed 13.7%

2025Q4

Current —

CIGICOLLIERS INTL GROUP INC

Real Estate·Real Estate Services

0.15%

of portfolio

Number of shares

22,000 sh

Holdings current value

$3.19M

Avg closing price

$77.76

Last action

Trimmed 12.0%

2025Q1

Current —

LULULULULEMON ATHLETICA INC

Consumer Cyclical·Apparel Retail

0.12%

of portfolio

Number of shares

12,500 sh

Holdings current value

$2.60M

Avg closing price

$177.82

-8.4%

Last action

Trimmed 50.0%

2025Q4

Current $162.92

CNICANADIAN NATL RY CO

Industrials·Railroads

0.09%

of portfolio

Number of shares

19,800 sh

Holdings current value

$1.96M

Avg closing price

$99.00

+10.1%

Last action

New holding

2025Q4

Current $108.96

G1890L107CAPRI HOLDINGS LIMITED

0.09%

of portfolio

Number of shares

78,100 sh

Holdings current value

$1.91M

Avg closing price

$45.38

Last action

Trimmed 61.4%

2024Q4

Current —

PENNPENN NATL GAMING INC

Consumer Cyclical·Resorts & Casinos

0.04%

of portfolio

Number of shares

54,900 sh

Holdings current value

$809.2K

Avg closing price

$20.67

Last action

New holding

2025Q2

Current —

BRK.ABERKSHIRE HATHAWAY INC DEL

0.04%

of portfolio

Number of shares

1 sh

Holdings current value

$753.3K

Avg closing price

$218490

Last action

Trimmed 85.7%

2018Q1

Current —

G4863A108INTERNATIONAL GAME TECHNOLOG

0.03%

of portfolio

Number of shares

36,633 sh

Holdings current value

$566.7K

Avg closing price

$17.25

Last action

New holding

2025Q3

Current —

PRTHPRIORITY TECHNOLOGY HLDGS IN

0.02%

of portfolio

Number of shares

70,500 sh

Holdings current value

$383.5K

Avg closing price

$5.44

Last action

New holding

2025Q4

Current —

MXMAGNACHIP SEMICONDUCTOR CORP

0.02%

of portfolio

Number of shares

125,000 sh

Holdings current value

$316.3K

Avg closing price

$20.11

Last action

Added 25.0%

2022Q3

Current —

Portfolio heatmap

Box size = % of portfolio · color = return since filing

Sector exposure

Share of dollar value across the latest reported portfolio. Unclassified positions excluded.

Basic Materials2 pos$621.3M30.4%
Consumer Cyclical6 pos$292.5M14.3%
Energy2 pos$282.4M13.8%
Healthcare4 pos$270.8M13.3%
Consumer Defensive2 pos$186.6M9.1%
Technology2 pos$160.7M7.9%
Real Estate2 pos$132.0M6.5%
Industrials2 pos$70.2M3.4%
Financial Services1 pos$26.5M1.3%

(1.9% unclassified, excluded from %)