Prem Watsa
Prem Watsa's Fairfax Financial Holdings holds 28 U.S.-equity positions worth $1.8B (SEC 13F, Q1 2026). Top positions: Orla Mining Ltd. 25.8%, Under Armour, Inc. 13.1%, CVS HEALTH CORPORATION 10.0%. 13F-replication return is +85% over 3 years (+13 pts vs the S&P 500) — a replicated, non-audited figure.
Holdings
| Stock | % of portfolio | Shares | Value | Latest activity | Avg buy price | Current price | Date |
|---|---|---|---|---|---|---|---|
| ORLA Orla Mining Ltd. | 25.8% | 31.8M | $502M | — | $4.68 | $10.23 (+119%) | 2026-03-31 |
| UAA Under Armour, Inc. | 13.1% | 43.0M | $254M | ▲ 2.5% (+1.0M) | $6.67 | $5.91 (−11%) | 2026-03-31 |
| CVS CVS HEALTH CORPORATION | 10.0% | 2.7M | $195M | — | $74.30 | $101.30 (+36%) | 2026-03-31 |
| UA Under Armour, Inc. Class C Common Stock, $0.0003 1/3 par value | 6.5% | 22.0M | $127M | ▲ 133% (+12.5M) | $8.52 | $5.73 (−33%) | 2026-03-31 |
| CLF Cleveland-Cliffs Inc. | 6.5% | 14.9M | $126M | — | $9.40 | $11.89 (+26%) | 2026-03-31 |
| KHC The Kraft Heinz Company Common Stock | 6.1% | 5.3M | $118M | ▲ 2.9% (+149K) | $35.09 | $22.03 (−37%) | 2026-03-31 |
| BB BlackBerry Limited | 5.8% | 35.0M | $113M | — | $4.56 | $8.79 (+93%) | 2026-03-31 |
| ATS ATS Corporation | 3.6% | 2.5M | $69M | — | $46.02 | $27.87 (−39%) | 2026-03-31 |
| TAP Molson Coors Beverage Company Class B | 3.2% | 1.4M | $62M | ▲ 7.5% (+100K) | $57.32 | $39.64 (−31%) | 2026-03-31 |
| HP Helmerich & Payne, Inc. | 2.2% | 1.2M | $42M | — | $35.75 | $35.45 (−1%) | 2026-03-31 |
| TSM Taiwan Semiconductor Mfg Ltd | 1.6% | 94K | $32M | — | $93.01 | $467.67 (+403%) | 2026-03-31 |
| GM General Motors Company | 1.4% | 376K | $28M | — | $36.65 | $80.43 (+119%) | 2026-03-31 |
| PFE Pfizer Inc. | 1.4% | 991K | $28M | ▲ 11% (+100K) | $40.78 | $25.08 (−38%) | 2026-03-31 |
| BNS Bank of Nova Scotia | 1.3% | 359K | $25M | — | $50.30 | $86.90 (+73%) | 2026-03-31 |
| WEN The Wendy's Company | 1.2% | 3.3M | $23M | NEW (+3.3M) | $6.96 | $6.17 (−11%) | 2026-03-31 |
| MRK Merck & Co., Inc. | 1.1% | 173K | $21M | — | $106.36 | $115.48 (+9%) | 2026-03-31 |
| JNJ Johnson & Johnson | 0.9% | 73K | $18M | — | $154.93 | $231.29 (+49%) | 2026-03-31 |
| GTX Garrett Motion Inc. Common Stock | 0.2% | 184K | $3M | ▼ 29% (−76K) | $7.65 | $34.49 (+351%) | 2026-03-31 |
| CIGI Colliers International Group Inc. Subordinate Voting Shares | 0.1% | 25K | $3M | ▲ 14% (+3K) | $104.98 | $89.61 (−15%) | 2026-03-31 |
| CNI Canadian National Railway | 0.1% | 25K | $3M | ▲ 25% (+5K) | $99.00 | $114.13 (+15%) | 2026-03-31 |
| LULU lululemon athletica inc. | 0.1% | 12K | $2M | — | $177.82 | $105.43 (−41%) | 2026-03-31 |
| WBD Warner Bros. Discovery, Inc. Series A Common Stock | 0.1% | 58K | $2M | NEW (+58K) | $27.44 | $26.95 (−2%) | 2026-03-31 |
| CPRI Capri Holdings Limited | 0.1% | 78K | $1M | — | $52.61 | $19.46 (−63%) | 2026-03-31 |
| BRSL Brightstar Lottery PLC | 0.1% | 69K | $875K | ▲ 88% (+32K) | $17.25 | $10.95 (−37%) | 2026-03-31 |
| PENN PENN Entertainment, Inc. Common Stock | 0.0% | 55K | $825K | — | $17.87 | $20.83 (+17%) | 2026-03-31 |
| BRK.A Berkshire Hathaway Inc. | 0.0% | 1 | $718K | — | $465,500.00 | $734,399.99 (+58%) | 2026-03-31 |
| MX Magnachip Semiconductor Corp. | 0.0% | 125K | $349K | — | $9.28 | $5.76 (−38%) | 2026-03-31 |
| PRTH Priority Technology Holdings, Inc. | 0.0% | 70K | $333K | — | $5.44 | $7.07 (+30%) | 2026-03-31 |
FAQ ▾
What are Prem Watsa's largest holdings?
As of the latest 13F: Orla Mining Ltd. 25.8%, Under Armour, Inc. 13.1%, CVS HEALTH CORPORATION 10.0%, Under Armour, Inc. Class C Common Stock, $0.0003 1/3 par value 6.5%, Cleveland-Cliffs Inc. 6.5%.
How big is Fairfax Financial Holdings's 13F portfolio?
$1.8B across 28 disclosed U.S.-equity positions.
What is Prem Watsa's 3-year performance?
+85% (13F-replication, price return), +13 pts vs the S&P 500. Not an audited fund return.
Where does this data come from?
U.S. SEC Form 13F-HR institutional holdings filings.
Sourced from SEC Form 13F-HR filings · Not investment advice ▾
Latest activity = change vs. the prior 13F. Avg buy price = est. entry over the trailing 3 years (gain = vs. latest price). Returns are 13F-replication, not audited fund returns. Sourced from SEC 13F filings.