Prem Watsa - Fairfax Financial Holdings 13F Activity & Position Changes (Q4 2016)

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 Dec 31, 2016. 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 2016, the filing reported:

New Buys - None reported

Increases - Johnson & Johnson, Kennedy-Wilson Holdings Inc., NetEase, Inc., U.S. Bancorp

Reductions - Berkshire Hathaway Inc. New, International Business Machines, Rayonier Advanced Materials Inc, Wells Fargo & Company

Complete Exits - CSX 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
Q4 2016	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-3,500	-17.9%	$2.61K	16,000
Q4 2016	CSX CSX Corporation	CSX Corporation	Sell - Position Exit	-9,800	-100.0%	$0.00	-
Q4 2016	IBM International Business Machines	International Business Machines	Sell	-600	-0.0%	$226.06K	1,361,900
Q4 2016	JNJ Johnson & Johnson	Johnson & Johnson	Buy	+68,400	+82.6%	$17.43K	151,250
Q4 2016	KW Kennedy-Wilson Holdings Inc.	Kennedy-Wilson Holdings Inc.	Buy	+3,366,973	+37.6%	$251.98K	12,321,921
Q4 2016	NTES NetEase, Inc.	NetEase, Inc.	Buy	+2,000	+200.0%	$646.00	3,000
Q4 2016	RYAM Rayonier Advanced Materials Inc	Rayonier Advanced Materials Inc	Sell	-35,000	-50.0%	$541.00	35,000
Q4 2016	USB U.S. Bancorp	U.S. Bancorp	Buy	+384,800	+1658.6%	$20.96K	408,000
Q4 2016	WFC Wells Fargo & Company	Wells Fargo & Company	Sell	-3,500	-5.1%	$3.63K	65,800