Prem Watsa – Fairfax Financial Holdings Portfolio Activity & Recent Trades (Dec 31, 2025)
As of Dec 31, 2025, the Fairfax Financial Holdings portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 17, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q4 2025, the filing reported:
Increases – Molson Coors Beverage Company, Under Armour, Inc.
Complete Exits – Dollar Tree, Inc., Franco-Nevada Corporation, KKR & Co. Inc.
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Name | Type | Change Qty | % Change | Value | Remaining |
|---|---|---|---|---|---|---|---|
Q4 2025 | BB BlackBerry Limited | BlackBerry Limited | Sell | -415,100 | -1.2% | $132.23M | 34,980,220 |
Q4 2025 | CNI Canadian National Railway Compa | Canadian National Railway Compa | Buy - Position Entry | +19,800 | - | $1.96M | 19,800 |
Q4 2025 | DLTR Dollar Tree, Inc. | Dollar Tree, Inc. | Sell - Position Exit | -44,380 | -100.0% | $0.00 | - |
Q4 2025 | FNV Franco-Nevada Corporation | Franco-Nevada Corporation | Sell - Position Exit | -16,800 | -100.0% | $0.00 | - |
Q4 2025 | GTX Garrett Motion Inc. | Garrett Motion Inc. | Sell | -41,400 | -13.7% | $4.54M | 260,460 |
Q4 2025 | KKR KKR & Co. Inc. | KKR & Co. Inc. | Sell - Position Exit | -20,000 | -100.0% | $0.00 | - |
Q4 2025 | LULU lululemon athletica inc. | lululemon athletica inc. | Sell | -12,500 | -50.0% | $2.60M | 12,500 |
Q4 2025 | ORLA Orla Mining Ltd. | Orla Mining Ltd. | Sell | -25,000,000 | -44.0% | $423.61M | 31,817,229 |
Q4 2025 | PRTH Priority Technology Holdings, I | Priority Technology Holdings, I | Buy - Position Entry | +70,500 | - | $383.52K | 70,500 |
Q4 2025 | TAP Molson Coors Beverage Company | Molson Coors Beverage Company | Buy | +48,429 | +3.8% | $62.49M | 1,338,500 |
Q4 2025 | UA Under Armour, Inc. | Under Armour, Inc. | Buy - Position Entry | +9,457,355 | - | $45.40M | 9,457,355 |
Q4 2025 | UAA Under Armour, Inc. | Under Armour, Inc. | Buy | +35,647,123 | +564.8% | $208.54M | 41,958,923 |
Q3 2025 | ATHM Autohome Inc. | Autohome Inc. | Sell - Position Exit | -54,000 | -100.0% | $0.00 | - |
Q3 2025 | BB BlackBerry Limited | BlackBerry Limited | Sell | -5,389,380 | -13.2% | $172.38M | 35,395,320 |
Q3 2025 | DLTR Dollar Tree, Inc. | Dollar Tree, Inc. | Buy - Position Entry | +44,380 | - | $4.19M | 44,380 |
Q3 2025 | GTX Garrett Motion Inc. | Garrett Motion Inc. | Sell | -2,500 | -0.8% | $4.11M | 301,860 |
Q3 2025 | HP Helmerich & Payne, Inc. | Helmerich & Payne, Inc. | Buy | +200,000 | +20.5% | $25.95M | 1,174,105 |
Q3 2025 | KHC The Kraft Heinz Company | The Kraft Heinz Company | Buy | +235,000 | +4.8% | $133.25M | 5,119,000 |
Q3 2025 | LULU lululemon athletica inc. | lululemon athletica inc. | Buy - Position Entry | +25,000 | - | $4.45M | 25,000 |
Q3 2025 | LWAY Lifeway Foods, Inc. | Lifeway Foods, Inc. | Sell - Position Exit | -31,618 | -100.0% | $0.00 | - |
Q3 2025 | PFE Pfizer, Inc. | Pfizer, Inc. | Buy | +240,000 | +36.9% | $22.69M | 890,900 |
Q3 2025 | TAP Molson Coors Beverage Company | Molson Coors Beverage Company | Buy | +71,571 | +5.9% | $58.36M | 1,290,071 |
Q3 2025 | VOO Vanguard S&P 500 ETF | Vanguard S&P 500 ETF | Sell | -14,652 | -20.1% | $35.67M | 58,248 |
Q2 2025 | BB BlackBerry Limited | BlackBerry Limited | Sell | -5,940,000 | -12.7% | $186.79M | 40,784,700 |
Q2 2025 | GNTX Gentex Corporation | Gentex Corporation | Sell - Position Exit | -85,000 | -100.0% | $0.00 | - |
Q2 2025 | HP Helmerich & Payne, Inc. | Helmerich & Payne, Inc. | Buy | +200,000 | +25.8% | $14.77M | 974,105 |
Q2 2025 | KHC The Kraft Heinz Company | The Kraft Heinz Company | Buy | +1,525,000 | +45.4% | $126.06M | 4,884,000 |
Q2 2025 | LWAY Lifeway Foods, Inc. | Lifeway Foods, Inc. | Buy | +14,251 | +82.1% | $779.38K | 31,618 |
Q2 2025 | MGM MGM Resorts International | MGM Resorts International | Sell - Position Exit | -29,500 | -100.0% | $0.00 | - |
Q2 2025 | MU Micron Technology, Inc. | Micron Technology, Inc. | Sell - Position Exit | -80,000 | -100.0% | $0.00 | - |