Prem Watsa’s insurance company Fairfax Holdings reported its first quarter portfolio holdings. The company buys Abitibibowater, Berkshire Hathaway, Citigroup Inc., Old Republic International Corp., sells Johnson & Johnson, Stewart Enterprises Inc. during the 3-months ended 03/31/2011, according to the most recent filings of his investment company, Fairfax Financial Holdings, Inc.. As of 03/31/2011, Fairfax Financial Holdings, Inc. owns 41 stocks with a total value of $3 billion. These are the details of the buys and sells.
This is the portfolio chart of Prem Watsa. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.
For the details of Prem Watsa's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Prem+Watsa
This is the sector weightings of his portfolio:
These are the top 5 holdings of Prem Watsa
Added: Abitibibowater (ABH, Financial)
Prem Watsa added to his holdings in Abitibibowater by 28.52%. His purchase prices were between $23.29 and $30, with an estimated average price of $27.12. The impact to his portfolio due to this purchase was 3.34%. His holdings were 17,008,276 shares as of 03/31/2011.
AbitibiBowater Inc is engaged in the production of newsprint and coated and specialty papers. Abitibibowater has a market cap of $2.51 billion; its shares were traded at around $25.88 .
Added: Berkshire Hathaway (BRK.B, Financial)
Prem Watsa added to his holdings in Berkshire Hathaway by 75%. His purchase prices were between $79.4 and $87.28, with an estimated average price of $83.37. The impact to his portfolio due to this purchase was 0.01%. His holdings were 10,500 shares as of 03/31/2011.
Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities. Berkshire Hathaway has a market cap of $199.55 billion; its shares were traded at around $80.7 with a P/E ratio of 15.9 and P/S ratio of 1.5. Berkshire Hathaway had an annual average earnings growth of 10.8% over the past 10 years.
Reduced: Johnson & Johnson (JNJ, Financial)
Prem Watsa reduced to his holdings in Johnson & Johnson by 24.69%. His sale prices were between $57.66 and $63.35, with an estimated average price of $60.71. The impact to his portfolio due to this sale was -3.31%. Prem Watsa still held 5,184,300 shares as of 03/31/2011.
Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. Johnson & Johnson has a market cap of $184.12 billion; its shares were traded at around $67.19 with a P/E ratio of 13.9 and P/S ratio of 2.9. The dividend yield of Johnson & Johnson stocks is 3.3%. Johnson & Johnson had an annual average earnings growth of 9.3% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4-star.
Reduced: Stewart Enterprises Inc. (STEI, Financial)
Prem Watsa reduced to his holdings in Stewart Enterprises Inc. by 72.16%. His sale prices were between $6.34 and $7.8, with an estimated average price of $7.07. The impact to his portfolio due to this sale was -0.75%. Prem Watsa still held 1,136,546 shares as of 03/31/2011.
STEWART ENTERPRISES, INC. is a provider of products and services in the death care industry in North America. Stewart Enterprises Inc. has a market cap of $730.3 million; its shares were traded at around $7.98 with a P/E ratio of 23.5 and P/S ratio of 1.3. The dividend yield of Stewart Enterprises Inc. stocks is 1.6%.
This is the portfolio chart of Prem Watsa. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.
For the details of Prem Watsa's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Prem+Watsa
This is the sector weightings of his portfolio:
| Health Care | 25.3% |
| Technology | 14.7% |
| Telecommunications | 12% |
| Financials | 9.4% |
| Oil & Gas | 9.4% |
| Basic Materials | 8.4% |
| Consumer Goods | 6.1% |
| Industrials | 3.7% |
| Consumer Services | 2.6% |
These are the top 5 holdings of Prem Watsa
- ABITIBIBOWATER (ABH) - 17,008,276 shares, 15.03% of the total portfolio. Shares added by 28.52%
- Dell Inc. (DELL) - 22,693,489 shares, 10.83% of the total portfolio. Shares reduced by 0.04%
- JOHNSON & JOHNSON (JNJ) - 5,184,300 shares, 10.1% of the total portfolio. Shares reduced by 24.69%
- SANDRIDGE ENERGY INC. (SD) - 21,307,600 shares, 8.97% of the total portfolio.
- INTERNATIONAL COAL GROUP INC. (ICO) - 22,577,788 shares, 8.38% of the total portfolio.
Added: Abitibibowater (ABH, Financial)
Prem Watsa added to his holdings in Abitibibowater by 28.52%. His purchase prices were between $23.29 and $30, with an estimated average price of $27.12. The impact to his portfolio due to this purchase was 3.34%. His holdings were 17,008,276 shares as of 03/31/2011.
AbitibiBowater Inc is engaged in the production of newsprint and coated and specialty papers. Abitibibowater has a market cap of $2.51 billion; its shares were traded at around $25.88 .
Added: Berkshire Hathaway (BRK.B, Financial)
Prem Watsa added to his holdings in Berkshire Hathaway by 75%. His purchase prices were between $79.4 and $87.28, with an estimated average price of $83.37. The impact to his portfolio due to this purchase was 0.01%. His holdings were 10,500 shares as of 03/31/2011.
Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities. Berkshire Hathaway has a market cap of $199.55 billion; its shares were traded at around $80.7 with a P/E ratio of 15.9 and P/S ratio of 1.5. Berkshire Hathaway had an annual average earnings growth of 10.8% over the past 10 years.
Reduced: Johnson & Johnson (JNJ, Financial)
Prem Watsa reduced to his holdings in Johnson & Johnson by 24.69%. His sale prices were between $57.66 and $63.35, with an estimated average price of $60.71. The impact to his portfolio due to this sale was -3.31%. Prem Watsa still held 5,184,300 shares as of 03/31/2011.
Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. Johnson & Johnson has a market cap of $184.12 billion; its shares were traded at around $67.19 with a P/E ratio of 13.9 and P/S ratio of 2.9. The dividend yield of Johnson & Johnson stocks is 3.3%. Johnson & Johnson had an annual average earnings growth of 9.3% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4-star.
Reduced: Stewart Enterprises Inc. (STEI, Financial)
Prem Watsa reduced to his holdings in Stewart Enterprises Inc. by 72.16%. His sale prices were between $6.34 and $7.8, with an estimated average price of $7.07. The impact to his portfolio due to this sale was -0.75%. Prem Watsa still held 1,136,546 shares as of 03/31/2011.
STEWART ENTERPRISES, INC. is a provider of products and services in the death care industry in North America. Stewart Enterprises Inc. has a market cap of $730.3 million; its shares were traded at around $7.98 with a P/E ratio of 23.5 and P/S ratio of 1.3. The dividend yield of Stewart Enterprises Inc. stocks is 1.6%.
