whalepapers
Overview/ Fairfax Financial Holdings Ltd/ Can/ Q4 2025

Fairfax Financial Holdings Ltd/ Can

Prem Watsa · As of Q4 2025 · filed Feb 17, 2026

Q4 2025

Holdings

29 positions · Δ vs prior quarter
ORLA MINING LTD
$423.6M
20.3%
31,817,229 −25,000,000 −44.0% Reduced
OXY OCCIDENTAL PETROLEUM CORP
$248.7M
11.9%
6,050,418 Held
CVS CVS HEALTH CORP
$215.2M
10.3%
2,712,000 Held
UAA UNDER ARMOUR INC-CLASS A
$208.5M
10.0%
41,958,923 +35,647,123 +564.8% Added
CLF CLEVELAND-CLIFFS INC
$197.7M
9.5%
14,899,273 Held
BB BLACKBERRY LTD
$132.2M
6.3%
34,980,220 −415,100 −1.2% Reduced
KENNEDY-WILSON HOLDINGS INC
$128.8M
6.2%
13,322,009 Held
KHC KRAFT HEINZ CO
$124.1M
6.0%
5,119,000 Held
ATS ATS CORP
$68.3M
3.3%
2,486,400 Held
TAP MOLSON COORS BEVERAGE CO - B
$62.5M
3.0%
1,338,500 +48,429 +3.8% Added
UA UNDER ARMOUR INC-CLASS C
$45.4M
2.2%
9,457,355 +9,457,355 New
VOO VANGUARD S&P 500 ETF
$36.5M
1.8%
58,248 Held
HP HELMERICH & PAYNE
$33.7M
1.6%
1,174,105 Held
GM GENERAL MOTORS CO
$30.6M
1.5%
375,965 Held
TSM TAIWAN SEMICONDUCTOR-SP ADR
$28.5M
1.4%
93,700 Held
BNS BANK OF NOVA SCOTIA
$26.5M
1.3%
359,100 Held
PFE PFIZER INC
$22.2M
1.1%
890,900 Held
MRK MERCK & CO. INC.
$18.2M
0.9%
172,900 Held
JNJ JOHNSON & JOHNSON
$15.2M
0.7%
73,400 Held
GTX GARRETT MOTION INC
$4.5M
0.2%
260,460 −41,400 −13.7% Reduced
CIGI COLLIERS INTL GR-SUBORD VOT
$3.2M
0.2%
22,000 Held
LULU LULULEMON ATHLETICA INC
$2.6M
0.1%
12,500 −12,500 −50.0% Reduced
CNI CANADIAN NATL RAILWAY CO
$2.0M
0.1%
19,800 +19,800 New
CPRI CAPRI HOLDINGS LTD
$1.9M
0.1%
78,100 Held
PENN PENN ENTERTAINMENT INC
$809K
0.0%
54,900 Held
BRK/A BERKSHIRE HATHAWAY INC-CL A
$753K
0.0%
1 Held
BRSL BRIGHTSTAR LOTTERY PLC
$567K
0.0%
36,633 Held
PRTH PRIORITY TECHNOLOGY HOLDINGS
$384K
0.0%
70,500 +70,500 New
MX MAGNACHIP SEMICONDUCTOR CORP
$316K
0.0%
125,000 Held

Sold positions

3 closed in Q4 2025 · shares & value as of prior filing
Holding Shares sold Prior value
DLTR DOLLAR TREE INC
44,380 $4.2M
FNV FRANCO-NEVADA CORP
16,800 $3.7M
KKR KKR & CO INC
20,000 $2.6M

Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.