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← Prem Watsa

Prem Watsa's 2025Q4 portfolio

Prem Watsa (Fairfax Financial Holdings) held 22 positions as of Dec 31, 2025, with the largest position at 20.3% of the portfolio.

Showing positions still held at the most recent quarter so their historical weights can be reconstructed. Positions that were held in 2025Q4but have since been exited aren't included in this table — for a full point-in-time reconstruction, use the SEC EDGAR filing directly.

Holdings as of Dec 31, 2025 (22)

  1. 1ORLAOrla Mining Ltd
    % port
    20.3%
    -9.2pp vs prior Qnow 25.8%
  2. 2CVSCvs Health Corp
    % port
    10.3%
    +0.4pp vs prior Qnow 10.0%
  3. 3UAAUnder Armour Inc-class A
    % port
    10.0%
    +8.5pp vs prior Qnow 13.1%
  4. 4CLFCleveland-cliffs Inc
    % port
    9.5%
    +0.7pp vs prior Qnow 6.5%
  5. 5BBBlackberry Ltd
    % port
    6.3%
    -2.0pp vs prior Qnow 5.8%
  6. 6KWKennedy-wilson Holdings Inc
    % port
    6.2%
    +0.8pp vs prior Qnow 7.4%
  7. 7KHCKraft Heinz Co/the
    % port
    6.0%
    -0.5pp vs prior Qnow 6.1%
  8. 8ATSAts Corp
    % port
    3.3%
    +0.2pp vs prior Qnow 3.6%
  9. 9TAPMolson Coors Beverage CO - B
    % port
    3.0%
    +0.2pp vs prior Qnow 3.2%
  10. 10UAUnder Armour Inc-class C
    % port
    2.2%
    now 6.5%
  11. 11HPHelmerich & Payne
    % port
    1.6%
    +0.4pp vs prior Qnow 2.2%
  12. 12GMGeneral Motors CO
    % port
    1.5%
    +0.4pp vs prior Q
  13. 13TSMTaiwan Semiconductor-sp Adr
    % port
    1.4%
    now 1.6%
  14. 14BNSBank OF Nova Scotia
    % port
    1.3%
    +0.1pp vs prior Q
  15. 15PFEPfizer Inc
    % port
    1.1%
    now 1.4%
  16. 16MRKMerck & Co. Inc.
    % port
    0.9%
    +0.2pp vs prior Qnow 1.1%
  17. 17JNJJohnson & Johnson
    % port
    0.7%
    now 0.9%
  18. 18GTXGarrett Motion Inc
    % port
    0.2%
  19. 19CIGIColliers Intl Gr-subord Vot
    % port
    0.2%
  20. 20LULULululemon Athletica Inc
    % port
    0.1%
  21. 21CNICanadian Natl Railway CO
    % port
    0.1%
  22. 22(cusip)Capri Holdings Ltd
    % port
    0.1%

13F-HR filings disclose long US-equity positions only. 13Fs don't cover shorts, bonds, derivatives, or non-US listings, so the picture here is the public part of the portfolio — not the whole.

Not investment advice.