We are live on ! Find out more
PW

Prem Watsa Fairfax Financial Holdings

AUM $2.64B
1-Year Est. Return 24.46%
 

Prem Watsa is the founder and chairman of Fairfax Financial Holdings, a Canada-based insurance and investment company frequently compared to a Berkshire-style model. Fairfax combines underwriting operations with a value-oriented investment portfolio managed with a long-term horizon. Watsa is known for contrarian positioning, careful attention to insurance float, and candid annual letters.

This Fund
S&P 500
This Quarter Est. Return
-0.04%
1 Year Est. Return
+24.46%
3 Year Est. Return
+70.73%
5 Year Est. Return
+102.15%
10 Year Est. Return
+491.91%
AUM
$1.47B
AUM Growth
-$395M
Cap. Flow
-$21.6M
Cap. Flow %
-1.47%
Top 10 Hldgs %
87.97%
Holding
61
New
1
Increased
2
Reduced
5
Closed
4

Top Buys

Rank Stock Value
1
ORLA
Orla Mining
ORLA
+$20.7M
2
FNV icon
Franco-Nevada
FNV
+$1.68M
3
CP icon
Canadian Pacific Kansas City
CP
+$300K

Top Sells

Rank Stock Value
1
INTC icon
Intel
INTC
+$22.9M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$8.06M
3
GE icon
GE Aerospace
GE
+$7.86M
4
ATVI
Activision Blizzard
ATVI
+$2.6M
5
KKR icon
KKR & Co
KKR
+$846K

Sector Composition

Rank Sector Weight
1 Technology 35.61%
2 Energy 25.95%
3 Real Estate 11.43%
4 Materials 8.71%
5 Financials 5.9%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
OXY icon
1
Occidental Petroleum
OXY
$61.3B
$359M 24.46%
6,020,418
– –
MU icon
2
Micron Technology
MU
$1.09T
$334M 22.72%
3,911,649
– –
BB icon
3
BlackBerry
BB
$4.71B
$165M 11.26%
46,724,700
– –
KW
4
DELISTED
Kennedy-Wilson Holdings
KW
$165M 11.22%
13,322,009
– –
ORLA
5
DELISTED
Orla Mining
ORLA
$122M 8.29%
37,697,191
+6,588,541
+21% +$20.7M
GOOGL icon
6
Alphabet (Google) Class A
GOOGL
$4.22T
$38.4M 2.61%
274,620
-60,000
-18% -$8.06M
CCAP icon
7
Crescent Capital BDC
CCAP
$395M
$36.4M 2.47%
2,092,698
– –
BEN icon
8
Franklin Templeton, Inc.
BEN
$17.4B
$29.8M 2.03%
1,000,000
– –
BABA icon
9
Alibaba
BABA
$286B
$22.7M 1.54%
292,800
– –
HP icon
10
Helmerich & Payne
HP
$4.35B
$20.1M 1.37%
555,105
– –
MRK icon
11
Merck
MRK
$376B
$18.8M 1.28%
172,900
– –
VOO icon
12
Vanguard S&P 500 ETF
VOO
$1.02T
$17.5M 1.19%
40,000
– –
BNS icon
13
Scotiabank
BNS
$107B
$14.1M 0.96%
289,100
– –
GM icon
14
General Motors
GM
$77.2B
$13.5M 0.92%
375,965
– –
PFE icon
15
Pfizer
PFE
$160B
$13.3M 0.9%
460,900
– –
JNJ icon
16
Johnson & Johnson
JNJ
$651B
$11.5M 0.78%
73,400
– –
TSM icon
17
TSMC
TSM
$2.17T
$9.74M 0.66%
93,700
– –
INTC icon
18
Intel
INTC
$476B
$9.55M 0.65%
190,000
-562,500
-75% -$22.9M
META icon
19
Meta Platforms (Facebook)
META
$1.4T
$7.65M 0.52%
21,600
– –
QSR icon
20
Restaurant Brands International
QSR
$28.2B
$3.29M 0.22%
42,000
– –
GE icon
21
GE Aerospace
GE
$361B
$3.27M 0.22%
32,077
-84,843
-73% -$7.86M
CIGI icon
22
Colliers International
CIGI
$5.47B
$3.17M 0.22%
25,000
– –
GNTX icon
23
Gentex
GNTX
$4.98B
$2.78M 0.19%
85,000
– –
GTX icon
24
Garrett Motion
GTX
$4.96B
$2.76M 0.19%
285,760
– –
ATHM icon
25
Autohome
ATHM
$2.56B
$2.61M 0.18%
93,000
– –
1
2 3

Similar funds

NSUP
NLB Skladi upravljanje premozenja Ljubljana $2.64B AUM
RAM
RWC Asset Management London, United Kingdom $2.64B AUM 33.18% 1-Year Est. Return
PCG
Prosperity Consulting Group Owings Mills, Maryland $2.64B AUM 23.19% 1-Year Est. Return
MIAS
Mason Investment Advisory Services Reston, Virginia $2.63B AUM 41.49% 1-Year Est. Return
LT
Lindsell Train London, United Kingdom $2.63B AUM 2.97% 1-Year Est. Return
TW
Trajan Wealth Scottsdale, Arizona $2.65B AUM 17.06% 1-Year Est. Return
BB
Bell Bank Fargo, North Dakota $2.62B AUM 23.93% 1-Year Est. Return
ACM
Anomaly Capital Management New York $2.62B AUM 23.26% 1-Year Est. Return

Prem Watsa's Q4 2023 Portfolio in Review

As of Q4 2023, Prem Watsa held 61 positions worth $1.47B, down 21% from $1.86B the previous quarter. Its ten largest holdings account for 88% of the portfolio.

Prem Watsa's Q4 2023 filing shows 1 new, 2 increased, 5 reduced and 4 closed positions. Its largest new stake was Franco-Nevada: 13,800 shares worth $1.53M. The largest sale was Intel, an estimated $22.9M.

By sector, the portfolio is most concentrated in Technology at 36% of assets, up from 28% a quarter earlier, followed by Energy and Real Estate.

  • Prem Watsa's largest Q4 2023 buy was Franco-Nevada: 13,800 shares worth $1.53M.
  • Prem Watsa added most to Orla Mining in Q4 2023, an estimated $20.7M increase.
  • Prem Watsa's biggest Q4 2023 reduction was Intel, cutting an estimated $22.9M.
  • Prem Watsa fully exited Activision Blizzard in Q4 2023, selling an estimated $2.6M.
  • Prem Watsa's ten largest holdings make up 88% of its $1.47B portfolio in Q4 2023.
  • Prem Watsa opened 1 new position and closed 4 in Q4 2023.
  • Prem Watsa's portfolio value fell 21% quarter-over-quarter to $1.47B.

Based on Fairfax Financial Holdings's 13F filing for Q4 2023, filed 14 Feb 2024.