Prem Watsa - Fairfax Financial Holdings 13F Activity & Position Changes (Q1 2020)

According to the SEC 13F filed on Aug 14, 2026, the Fairfax Financial Holdings portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2020. 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 2020, the filing reported:

New Buys - Franklin Resources, Inc., Booking Holdings Inc. Common St, Crescent Capital BDC, Inc., Cirrus Logic, Inc., Chevron Corporation, and 5 more

Increases - Culp, Inc., Dine Brands Global, Inc. Common, Garrett Motion Inc., MasterCraft Boat Holdings, Inc., The Middleby Corporation, and 3 more

Reductions - Argan, Inc., Delek US Holdings, Inc., Johnson & Johnson, Kulicke and Soffa Industries, I, Northwest Pipe Company, and 1 more

Complete Exits - Ampco-Pittsburgh Corporation

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 2020	AGX Argan, Inc.	Argan, Inc.	Sell	-43,800	-50.9%	$1.46K	42,200
Q1 2020	AP Ampco-Pittsburgh Corporation	Ampco-Pittsburgh Corporation	Sell - Position Exit	-254,119	-100.0%	$0.00	-
Q1 2020	BEN Franklin Resources, Inc.	Franklin Resources, Inc.	Buy - Position Entry	+1,000,000	-	$16.69K	1,000,000
Q1 2020	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy - Position Entry	+6,500	-	$8.74K	6,500
Q1 2020	CCAP Crescent Capital BDC, Inc.	Crescent Capital BDC, Inc.	Buy - Position Entry	+3,796,246	-	$36.63K	3,796,246
Q1 2020	CRUS Cirrus Logic, Inc.	Cirrus Logic, Inc.	Buy - Position Entry	+6,400	-	$419.00	6,400
Q1 2020	CULP Culp, Inc.	Culp, Inc.	Buy	+24,000	+44.4%	$563.00	78,000
Q1 2020	CVX Chevron Corporation	Chevron Corporation	Buy - Position Entry	+155,800	-	$11.27K	155,800
Q1 2020	DAR Darling Ingredients Inc.	Darling Ingredients Inc.	Buy - Position Entry	+21,000	-	$401.00	21,000
Q1 2020	DIN Dine Brands Global, Inc. Common	Dine Brands Global, Inc. Common	Buy	+3,500	+17.5%	$672.00	23,500
Q1 2020	DK Delek US Holdings, Inc.	Delek US Holdings, Inc.	Sell	-10,000	-20.0%	$628.00	40,000
Q1 2020	GOOGL Alphabet Inc.	Alphabet Inc.	Buy - Position Entry	+13,731	-	$15.96K	13,731
Q1 2020	GRP-U Granite Real Estate Inc. Staple	Granite Real Estate Inc. Staple	Buy - Position Entry	+13,500	-	$546.00	13,500
Q1 2020	GTX Garrett Motion Inc.	Garrett Motion Inc.	Buy	+40,000	+36.4%	$429.00	150,000
Q1 2020	IRBT iRobot Corporation	iRobot Corporation	Buy - Position Entry	+19,500	-	$796.00	19,500
Q1 2020	JNJ Johnson & Johnson	Johnson & Johnson	Sell	-73,400	-50.0%	$9.61K	73,400
Q1 2020	KLIC Kulicke and Soffa Industries, I	Kulicke and Soffa Industries, I	Sell	-52,000	-40.0%	$1.62K	78,000
Q1 2020	MCFT MasterCraft Boat Holdings, Inc.	MasterCraft Boat Holdings, Inc.	Buy	+1,066,876	+200.4%	$11.63K	1,599,333
Q1 2020	MIDD The Middleby Corporation	The Middleby Corporation	Buy	+7,100	+95.9%	$824.00	14,500
Q1 2020	MODG Topgolf Callaway Brands Corp.	Topgolf Callaway Brands Corp.	Buy - Position Entry	+47,000	-	$480.00	47,000
Q1 2020	MU Micron Technology, Inc.	Micron Technology, Inc.	Buy	+375,000	+115.4%	$29.44K	700,000
Q1 2020	NWPX Northwest Pipe Company	Northwest Pipe Company	Sell	-30,000	-35.3%	$1.22K	55,000
Q1 2020	PENN PENN Entertainment, Inc.	PENN Entertainment, Inc.	Sell	-19,000	-29.2%	$581.00	46,000
Q1 2020	QSR Restaurant Brands International	Restaurant Brands International	Buy	+6,500	+17.6%	$1.72K	43,500
Q1 2020	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Buy	+46,000	+85.7%	$4.76K	99,700