# Fairfax Financial Holdings portfolio: Q2 2026 13F holdings

Prem Watsa’s Fairfax Financial Holdings: $2.6bn in 31 US holdings at Q2 2026, with buys and sells.

In Q2 2026, Fairfax Financial Holdings held 31 US-listed stocks worth $2.6bn. Its biggest move was buying Eldorado Gold (now 16% of the portfolio), followed by selling all of its Kennedy-Wilson Holdings (7.4% the quarter before). It started 6 new positions and sold out of 3. Its largest holding is Orla Mining at 22%.

13F for the quarter ending 2026-06-30, filed 2026-08-14 ([filing](https://www.sec.gov/Archives/edgar/data/915191/000110465926096276/0001104659-26-096276-index.htm)). $2.6bn in US-listed holdings.

## 13F holdings

| Company | Value | Portfolio | Change | Q1 2026 |
| --- | --- | --- | --- | --- |
| Orla Mining (OLA) | $568m | 21.6% | Added +84% | 25.8% |
| Eldorado Gold (EGO) | $427m | 16.2% | New | – |
| Under Armour (UA) | $426m | 16.2% | Added +3.6% | 19.6% |
| Kraft Heinz (KHC) | $338m | 12.8% | Added +172% | 6.1% |
| CVS Health (CVS) | $281m | 10.6% | Unchanged | 10.0% |
| Cleveland-Cliffs (CLF) | $140m | 5.3% | Unchanged | 6.5% |
| Molson Coors Brewing Company (TAP) | $77.7m | 2.9% | Added +39% | 3.2% |
| ATS (ATS) | $70.5m | 2.7% | Unchanged | 3.6% |
| Wendy’s (WEN) | $66.3m | 2.5% | Added +145% | 1.2% |
| Taiwan Semiconductor Manufacturing (TSM) | $44.7m | 1.7% | Unchanged | 1.6% |
| Helmerich & Payne (HP) | $38.5m | 1.5% | Unchanged | 2.2% |
| Bank of Nova Scotia Halifax (BNS) | $31.2m | 1.2% | Unchanged | 1.3% |
| General Motors (GM) | $29.0m | 1.1% | Unchanged | 1.4% |
| Pfizer (PFE) | $25.1m | 0.9% | Added +5.3% | 1.4% |
| Merck & Co. (MRK) | $22.2m | 0.8% | Unchanged | 1.1% |
| Johnson & Johnson (JNJ) | $18.6m | 0.7% | Unchanged | 0.9% |
| Kaspi Kz Jsc (KSPI) | $9.2m | 0.3% | New | – |
| Rogers Communications (RCI) | $4.9m | 0.2% | New | – |
| Garrett Motion (GTX) | $3.7m | 0.1% | Trimmed -44% | 0.2% |
| Canadian National Railway (CNI) | $3.0m | 0.1% | Unchanged | 0.1% |
| Colliers International Group (CIGI) | $2.3m | 0.1% | Unchanged | 0.1% |
| Warner Bros. Discovery (WBD) | $2.2m | 0.1% | Added +42% | 0.1% |
| Dominos Pizza (DPZ) | $2.1m | 0.1% | New | – |
| Capri Holdings (CPRI) | $1.5m | 0.1% | Unchanged | 0.1% |
| lululemon athletica (LULU) | $1.4m | 0.1% | Unchanged | 0.1% |
| Penn Entertainment (PENN) | $1.2m | 0.0% | Unchanged | 0.0% |
| Electronic Arts (EA) | $1.0m | 0.0% | New | – |
| Berkshire Hathaway (BRK.B) | $749k | 0.0% | Unchanged | 0.0% |
| International Game Tech. (BRSL) | $738k | 0.0% | Unchanged | 0.1% |
| Cementos Pacasmayo Saa (CPAC) | $595k | 0.0% | New | – |
| Magnachip Semiconductor (MX) | $296k | 0.0% | Trimmed -50% | 0.0% |
| Kennedy-Wilson Holdings (KW) | – | – | Sold out | 7.4% |
| Blackberry (BB) | – | – | Sold out | 5.8% |
| Priority Technologies Holdings (PRTH) | – | – | Sold out | 0.0% |

Source: SEC filings, via moatshark (https://www.moatshark.com/m/fairfax-financial-holdings). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.