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Prem Watsa
Fairfax Financial Holdings · Insurance-float value investing Manages the equity portfolio of a property-and-casualty insurance holding company, taking long-term, often contrarian value positions funded by insurance float; the 13F reports only its US-listed holdings.
V. Prem Watsa is an Indian-Canadian billionaire businessman and the founder, chairman and CEO of Fairfax Financial Holdings, sometimes referred to as the 'Canadian Warren Buffett'.
Showing all 32 reported 13(f) positions; TradingPilot links only the 2 matching its curated universe — a licensed CUSIP↔ticker database was not used. Unmapped positions render as plain text, exactly as filed.
Portfolio allocation (reported 13F equity)
Long US-listed equity positions only; options excluded.
- ORLA MINING LTD21.5%
- ELDORADO GOLD CORP16.2%
- KRAFT HEINZ CO12.8%
- UNDER ARMOUR INC11.0%
- CVS HEALTH CORP10.6%
- CLEVELAND-CLIFFS INC5.3%
- UNDER ARMOUR INC5.2%
- MOLSON COORS BEVERAGE CO2.9%
- ATS CORP2.7%
- WENDYS CO2.5%
- Others9.3%
Reported 13F equity value — not a return, not AUM
Long US-listed equity positions only; filed with a ~45-day lag.
| # | Ticker | Security (as filed) | % of 13F | Shares | Reported price | Current | Value | Activity |
|---|---|---|---|---|---|---|---|---|
| 1 | — | ORLA MINING LTD | 21.5% | 58,399,504 | $9.73 | — | $568.5M | Added +84% |
| 2 | — | ELDORADO GOLD CORP | 16.2% | 13,746,506 | $31.06 | — | $427.0M | New |
| 3 | — | KRAFT HEINZ CO | 12.8% | 14,306,500 | $23.60 | — | $337.6M | Added +172% |
| 4 | — | UNDER ARMOUR INC | 11.0% | 45,356,965 | $6.39 | — | $289.8M | Added +5% |
| 5 | — | CVS HEALTH CORP | 10.6% | 2,712,000 | $103.43 | — | $280.5M | New |
| 6 | — | CLEVELAND-CLIFFS INC | 5.3% | 14,899,273 | $9.39 | — | $139.9M | Held +0% |
| 7 | — | UNDER ARMOUR INC | 5.2% | 21,999,128 | $6.21 | — | $136.6M | Held +0% |
| 8 | — | MOLSON COORS BEVERAGE CO | 2.9% | 1,994,500 | $38.94 | — | $77.7M | Added +39% |
| 9 | — | ATS CORP | 2.7% | 2,486,400 | $28.35 | — | $70.5M | Held +0% |
| 10 | — | WENDYS CO | 2.5% | 8,005,627 | $8.28 | — | $66.3M | Added +145% |
| 11 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | 1.7% | 93,700 | $476.89 | $431.81 -9.5% | $44.7M | Held +0% |
| 12 | — | HELMERICH & PAYNE INC | 1.5% | 1,174,105 | $32.75 | — | $38.5M | Held +0% |
| 13 | — | BANK NOVA SCOTIA | 1.2% | 359,100 | $86.79 | — | $31.2M | Held +0% |
| 14 | — | GENERAL MOTORS CO | 1.1% | 375,965 | $77.06 | — | $29.0M | Held +0% |
| 15 | PFE | PFIZER INC | 1.0% | 1,043,900 | $24.06 | $29.95 +24.5% | $25.1M | Added +5% |
| 16 | — | MERCK & CO INC | 0.8% | 172,900 | $128.39 | — | $22.2M | New |
| 17 | — | JOHNSON & JOHNSON | 0.7% | 73,400 | $253.96 | — | $18.6M | New |
| 18 | — | KASPI KZ JSC | 0.3% | 106,000 | $86.56 | — | $9.2M | New |
| 19 | — | ROGERS COMMUNICATIONS INC | 0.2% | 150,200 | $32.43 | — | $4.9M | New |
| 20 | — | GARRETT MOTION INC | 0.1% | 102,783 | $36.22 | — | $3.7M | Trimmed −44% |
| 21 | — | CANADIAN NATIONAL RAILWAY CO | 0.1% | 24,800 | $119.05 | — | $3.0M | Held +0% |
| 22 | — | COLLIERS INTL GROUP INC | 0.1% | 25,000 | $93.04 | — | $2.3M | Held +0% |
| 23 | — | WARNER BROS DISCOVERY INC | 0.1% | 81,900 | $26.61 | — | $2.2M | Added +41% |
| 24 | — | DOMINO'S PIZZA INC | 0.1% | 7,230 | $295.92 | — | $2.1M | New |
| 25 | — | CAPRI HOLDINGS LTD | 0.1% | 78,100 | $18.57 | — | $1.5M | Held +0% |
| 26 | — | LULULEMON ATHLETICA INC | 0.1% | 12,500 | $114.14 | — | $1.4M | Held +0% |
| 27 | — | PENN ENTERTAINMENT INC | 0.0% | 54,900 | $21.38 | — | $1.2M | Held +0% |
| 28 | — | ELECTRONIC ARTS INC | 0.0% | 5,100 | $204.99 | — | $1.0M | New |
| 29 | — | BERKSHIRE HATHAWAY INC | 0.0% | 1 | $748,836.00 | — | $748836 | Held +0% |
| 30 | — | BRIGHTSTAR LOTTERY PLC | 0.0% | 68,733 | $10.73 | — | $737505 | Held +0% |
| 31 | — | CEMENTOS PACASMAYO SAA | 0.0% | 50,000 | $11.89 | — | $594500 | New |
| 32 | — | MAGNACHIP SEMICONDUCTOR CORP | 0.0% | 62,500 | $4.74 | — | $296250 | Trimmed −50% |
| — | — | BLACKBERRY LTD | — | 0 | — | — | $0 | Sold-Out −100% |
| — | — | KENNEDY-WILSON HOLDINGS INC | — | 0 | — | — | $0 | Sold-Out −100% |
| — | — | PRIORITY TECH HOLDINGS INC | — | 0 | — | — | $0 | Sold-Out −100% |
Reported price = value ÷ shares at the quarter-end — an average, NOT the manager's buy/sell price.
Current shows the stock's price change since the filing quarter-end (mapped names only) — it is the STOCK's move, not the manager's realized return (we don't know their cost basis or whether they still hold).
TradingPilot analysis of the reported 13F equity book
As of 2026Q2, Prem Watsa's reported 13F book holds 32 equity positions; the top 5 are 72% of it.
- ORLA MINING LTD — 21.5% of 13F
- ELDORADO GOLD CORP — 16.2% of 13F
- KRAFT HEINZ CO — 12.8% of 13F
- UNDER ARMOUR INC — 11.0% of 13F
- CVS HEALTH CORP — 10.6% of 13F
This quarter: 9 new, 7 added, 2 trimmed, 3 sold out.
- BLACKBERRY LTD — Sold-Out (−34,980,220 sh)
- ORLA MINING LTD — Added (+26,582,275 sh)
- KENNEDY-WILSON HOLDINGS INC — Sold-Out (−13,322,009 sh)
- KRAFT HEINZ CO — Added (+9,038,300 sh)
- WENDYS CO — Added (+4,736,725 sh)