Fairfax Financial Holdings Ltd/ Can
Fairfax Financial Holdings Limited is a publicly traded Canadian financial holding company headquartered in Toronto, Ontario, specializing in property and casualty insurance, reinsurance, and investment management through more than 20 subsidiaries. Founded in 1985 by Prem Watsa, the company operates globally and is known for decentralized management and value-oriented investing. As of 2024, Fairfax employs an estimated 50,000 people globally across its subsidiaries and serves diverse clients in insurance, reinsurance, and financial services sectors.
Investment Strategy
Fairfax applies a disciplined underwriting approach while investing assets on a value-oriented, total return basis to achieve long-term above-average returns. The company focuses on profitable underwriting and value investing, operating its subsidiaries in a decentralized fashion but centralizing performance evaluation, succession planning, acquisitions, financing, and investments. Fairfax's investment philosophy prioritizes long-term growth over short-term results, emphasizing fair and friendly acquisitions and compounding book value per share.
Latest 13F Filing Activity
Fairfax Financial Holdings Ltd/ Can filed their most recent 13F report on Jun 30, 2025 disclosing 28 equity positions with a total 13F market value of $2B. The fund increased holdings in Vanguard Index Funds, Orla Mining LTD, Kraft Heinz Co. among other positions. Fairfax Financial Holdings Ltd/ Can reduced exposure to Occidental Petroleum Corp., Kennedy-wilson Holdings Inc., Molson Coors Beverage Co. among others.
Top Holdings
Equity Positions (28)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
O ORLA | ORLA MINING LTD | 29.90% | $559.6M | 56,817,229 | $3.71 | $10.02 | +$32.6M |
O OXY | OCCIDENTAL PETROLEUM CORP | 13.58% | $254.1M | 6,050,418 | $60.01 | $42.01 | -$43.3M |
C CVS | CVS HEALTH CORP | 9.99% | $187.0M | 2,712,000 | $44.89 | $68.98 | +$3.2M |
B BB | BLACKBERRY LTD | 9.98% | $186.8M | 40,784,700 | $7.95 | $4.58 | +$11.1M |
K KHC | KRAFT HEINZ CO | 6.74% | $126.1M | 4,884,000 | $29.86 | $25.82 | +$23.9M |