 | |
Prem Watsa13F | |
| Fairfax Financial Holdings | |
| Last update 2026-05-16 | 29 Stocks (2 new) |
| Value $1.94 Bil | Turnover 6 % |
Prem Watsa Profile
Prem Watsa was born on Aug. 5, 1950. His parents were originally from the small Christian community in the southern city of Mangalore, India. He studied at the Indian Institute of Technology, with a major in chemical engineering. On Sept. 11, 1972, Watsa arrived in London, Ontario with $8 in his pocket and a $600 draft toward the first year's tuition. He attended the MBA program at what later became the Ivey Business School at the University of Western Ontario. He took his first job Confederation Life in 1974. John Watson, the director of research, handed him the book, "Security Analysis."
Watsa's Fairfax Financial is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.
Fairfax's corporate objective is to achieve a high rate of return on invested capital and build long-term shareholder value. Fairfax seeks to differentiate itself by combining disciplined underwriting with the investment of its assets on a total return basis, which Fairfax believes provides above-average returns over the long-term.
Watsa's Fairfax Financial is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.
Fairfax's corporate objective is to achieve a high rate of return on invested capital and build long-term shareholder value. Fairfax seeks to differentiate itself by combining disciplined underwriting with the investment of its assets on a total return basis, which Fairfax believes provides above-average returns over the long-term.
Prem Watsa Investing Philosophy
In 1985, Watsa met Francis Chou, who told him how Warren Buffett made his money through investing Berkshire Hathaway's insurance float. As such, he based Fairfax Financial's strategy off this practive as well. Watsa emphasizes a conservative value investment philosophy, seeking to invest assets on a total return basis, which includes realized and unrealized gains over the long term.
Prem Watsa Top Holdings of 2026-03-31
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| Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ORLA | Orla Mining Ltd | 31,817,229 | 501,579.3 | 0% | 25.820 | 0% | 9.200 | -45.02% | -34.26% | 3,280.9 | Metals & Mining | |
UAA | Under Armour Inc | 43,000,872 | 253,705.1 | +2.48% | 13.060 | +0.32% | 10.100 | +14.78% | +44.57% | 3,031.2 |
Manufacturing - Apparel & Accessories
Manufacturing - Apparel & Accessories
| |
CVS | CVS Health Corp | 2,712,000 | 194,775.8 | 0% | 10.030 | 0% | 0.210 | +40.77% | +37.33% | 136,722.0 | Healthcare Plans | |
KW | Kennedy-Wilson Holdings Inc | 13,322,009 | 144,277.4 | 0% | 7.430 | 0% | 9.560 | +2.69% | +15.43% | 1,521.2 | Real Estate | |
UA | Under Armour Inc | 21,999,128 | 126,935.0 | +132.61% | 6.530 | +3.72% | 5.170 | +16.04% | +46.98% | 3,043.0 |
Manufacturing - Apparel & Accessories
Manufacturing - Apparel & Accessories
| |
CLF | Cleveland-Cliffs Inc | 14,899,273 | 125,749.9 | 0% | 6.470 | 0% | 2.610 | -0.15% | -26.92% | 5,535.9 | Steel | |
KHC | The Kraft Heinz Co | 5,268,200 | 118,429.1 | +2.91% | 6.100 | +0.17% | 0.440 | +16.84% | +10.67% | 30,741.3 | Consumer Packaged Goods | |
BB | BlackBerry Ltd | 34,980,220 | 113,335.9 | 0% | 5.830 | 0% | 5.970 | +102.24% | +150.26% | 5,509.3 | Software | |
ATS | ATS Corp | 2,486,400 | 69,353.0 | 0% | 3.570 | 0% | 2.560 | -11.07% | +1.07% | 2,672.7 | Industrial Products | |
TAP | Molson Coors Beverage Co | 1,438,500 | 61,941.8 | +7.47% | 3.190 | +0.22% | 0.770 | -5.86% | -10.00% | 7,715.4 | Beverages - Alcoholic |
Prem Watsa's Historical Top Holdings Breakdowns
Prem Watsa's Top Stock Picks
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| Ticker | | Company | Date | Action | Impact % | Price Range | Price | Price Change from Avrg% | Comment | Current Shares | Share Change |
|---|---|---|---|---|---|---|---|---|---|---|---|
OXY | Occidental Petroleum Corp | 2026-03-31 | Sold Out Sold Out | -11.94% | 40.99 ($50.29) 66.24 | $53.76 | 6.89% | Sold Out | 0 | -6,050,418 | |
UA | Under Armour Inc | 2026-03-31 | Add Add | +3.72% | 5.07 ($6.31) 7.88 | $7.05 | 11.81% | Add 132.61% | 21,999,128 | 12,541,773 | |
VOO | Vanguard S&P 500 ETF | 2026-03-31 | Sold Out Sold Out | -1.75% | 580.93 ($625.4) 639.7 | $692.50 | 10.73% | Sold Out | 0 | -58,248 | |
WEN | The Wendy's Co | 2026-03-31 | New Buy New Buy | +1.17% | 6.78 ($7.7) 8.65 | $7.55 | -1.88% | New holding | 3,268,902 | 3,268,902 | |
UAA | Under Armour Inc | 2026-03-31 | Add Add | +0.32% | 5.29 ($6.48) 8.14 | $7.18 | 10.88% | Add 2.48% | 43,000,872 | 1,041,949 | |
TAP | Molson Coors Beverage Co | 2026-03-31 | Add Add | +0.22% | 41.16 ($47.5) 54.38 | $41.09 | -13.49% | Add 7.47% | 1,438,500 | 100,000 | |
KHC | The Kraft Heinz Co | 2026-03-31 | Add Add | +0.17% | 21.21 ($23.52) 24.99 | $25.93 | 10.23% | Add 2.91% | 5,268,200 | 149,200 | |
PFE | Pfizer Inc | 2026-03-31 | Add Add | +0.14% | 25.15 ($26.62) 28.08 | $25.24 | -5.18% | Add 11.22% | 990,900 | 100,000 | |
WBD | Warner Bros. Discovery Inc | 2026-03-31 | New Buy New Buy | +0.08% | 26.76 ($28) 29.15 | $27.07 | -3.34% | New holding | 57,900 | 57,900 | |
GTX | Garrett Motion Inc | 2026-03-31 | Reduce Reduce | -0.06% | 16.96 ($18.66) 21.25 | $31.66 | 69.67% | Reduce -29.18% | 184,460 | -76,000 |
Prem Watsa Total Holding History ($B)
Prem Watsa's Asset Allocation
Prem Watsa Past Portfolios
| Portfolio Date | Number of Stocks | New Stocks | Total Value ($Mil) | Q/Q Turnover |
|---|---|---|---|---|
Top Ranked Articles
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Prem Watsa's Hypothetical Growth since 2026-03-31
Prem Watsa's Yearly Returns
This information is only displayed for Gurus who publicly disclose audited performance records; most hedge funds and private investment firms do not publish such data or only provide limited historical performance information.
| Year | Portfolio % | % | Excess Gain % |
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Prem Watsa's Holdings Heat Map
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Prem Watsa's Holdings Bubble Chart
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