Prem Watsa - Fairfax Financial Holdings 13F Activity & Position Changes (Q1 2026)

As of Mar 31, 2026, the Fairfax Financial Holdings portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 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 Q1 2026, the filing reported:

New Buys - Warner Bros. Discovery, Inc. - , Wendy's Company (The)

Increases - Colliers International Group In, Canadian National Railway Compa, The Kraft Heinz Company, Pfizer, Inc., Molson Coors Beverage Company, and 2 more

Reductions - Garrett Motion Inc.

Complete Exits - Occidental Petroleum Corporatio, Vanguard S&P 500 ETF

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
Q1 2026	CIGI Colliers International Group In	Colliers International Group In	Buy	+3,000	+13.6%	$2.61M	25,000
Q1 2026	CNI Canadian National Railway Compa	Canadian National Railway Compa	Buy	+5,000	+25.3%	$2.53M	24,800
Q1 2026	GTX Garrett Motion Inc.	Garrett Motion Inc.	Sell	-76,000	-29.2%	$3.35M	184,460
Q1 2026	KHC The Kraft Heinz Company	The Kraft Heinz Company	Buy	+149,200	+2.9%	$118.43M	5,268,200
Q1 2026	OXY Occidental Petroleum Corporatio	Occidental Petroleum Corporatio	Sell - Position Exit	-6,050,418	-100.0%	$0.00	-
Q1 2026	PFE Pfizer, Inc.	Pfizer, Inc.	Buy	+100,000	+11.2%	$27.81M	990,900
Q1 2026	TAP Molson Coors Beverage Company	Molson Coors Beverage Company	Buy	+100,000	+7.5%	$61.94M	1,438,500
Q1 2026	UA Under Armour, Inc.	Under Armour, Inc.	Buy	+12,541,773	+132.6%	$126.93M	21,999,128
Q1 2026	UAA Under Armour, Inc.	Under Armour, Inc.	Buy	+1,041,949	+2.5%	$253.71M	43,000,872
Q1 2026	VOO Vanguard S&P 500 ETF	Vanguard S&P 500 ETF	Sell - Position Exit	-58,248	-100.0%	$0.00	-
Q1 2026	WBD Warner Bros. Discovery, Inc. -	Warner Bros. Discovery, Inc. -	Buy - Position Entry	+57,900	-	$1.59M	57,900
Q1 2026	WEN Wendy's Company (The)	Wendy's Company (The)	Buy - Position Entry	+3,268,902	-	$22.75M	3,268,902
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