Prem Watsa’s Orla Mining ORLA Stock Holding History

Prem Watsa’s Portfolio ORLA Stock Details ORLA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$568M	Buy	58,399,504 +26,582,275	+84%	+$354M	21.55%	1
2026 Q1	$502M	Hold	31,817,229	–	–	25.82%	1
2025 Q4	$424M	Sell	31,817,229 -25,000,000	-44%	-$303M	20.33%	1
2025 Q3	$610M	Hold	56,817,229	–	–	29.57%	1
2025 Q2	$560M	Hold	56,817,229	–	–	29.9%	1
2025 Q1	$527M	Hold	56,817,229	–	–	28.57%	1
2024 Q4	$311M	Hold	56,817,229	–	–	19.97%	1
2024 Q3	$226M	Buy	56,817,229 +1,162,000	+2%	+$4.6M	20.54%	2
2024 Q2	$213M	Hold	55,655,229	–	–	18.02%	2
2024 Q1	$210M	Buy	55,655,229 +17,958,038	+48%	+$61.9M	17.06%	2
2023 Q4	$122M	Buy	37,697,191 +6,588,541	+21%	+$20.7M	8.29%	5
2023 Q3	$110M	Buy	31,108,650 +11,192,100	+56%	+$49.7M	5.91%	6
2023 Q2	$82.9M	Buy	19,916,550 +4,533,200	+29%	+$20.2M	4.41%	6
2023 Q1	$72M	Buy	15,383,350 +4,663,700	+44%	+$19.9M	4.11%	7
2022 Q4	$42.7M	Buy	10,719,650 +500,000	+5%	+$1.79M	1.06%	10
2022 Q3	$32.5M	Buy	+10,219,650	New	+$31.3M	0.83%	11

Other funds holding ORLA

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

Connor, Clark & Lunn Investment Management (CC&L) Vancouver, British Columbia, Canada $52.8B AUM 58.98% 1-Year Est. Return

Merk Investments Menlo Park, California $314M AUM 74.91% 1-Year Est. Return

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

First Eagle Investment Management New York $59.9B AUM 27.01% 1-Year Est. Return

D.E. Shaw & Co New York $210B AUM 57.28% 1-Year Est. Return

Prem Watsa's ORLA Position: Q2 2026 in Review

Prem Watsa increased its Orla Mining (ORLA) stake by 84% in Q2 2026, buying an estimated $354M and bringing the position to 58,399,504 shares worth $568M. The position accounts for 21.55% of the portfolio, ranked #1.

Prem Watsa first reported a position in ORLA in Q3 2022 and has held it in 16 quarters since. The position peaked at $610M in Q3 2025. 215 funds tracked by Wall St. Rank hold ORLA as of Q2 2026.

Prem Watsa held 58,399,504 shares of Orla Mining worth $568M as of Q2 2026.
Prem Watsa bought 26,582,275 Orla Mining shares in Q2 2026, an estimated $354M.
Orla Mining made up 21.55% of Prem Watsa's portfolio in Q2 2026, its #1 holding.
Prem Watsa first reported a position in Orla Mining in Q3 2022 and has held it in 16 quarters since.
Prem Watsa's Orla Mining position peaked at $610M in Q3 2025.
215 funds tracked by Wall St. Rank held Orla Mining as of Q2 2026.

Based on Fairfax Financial Holdings's 13F filing for Q2 2026, filed 14 Aug 2026.