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Fairfax Financial

Q3 2016 13F · by Prem Watsa, CEO

As of
Sep 30, 2016
Filed
Nov 10, 2016
US stock
$1.1B · prev $1.0B
Positions
29 · prev 27
Options notional
$0
Documents
1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

  • US stock listed on a US exchange 100.0%
  • Foreign stock not listed in the US 0.0%
  • Notes debt, at principal 0.0%
  • Puts at notional value 0.0%
  • Calls at notional value 0.0%

Moves2 since the prior filing

The book

Very concentrated · behaves like 5 equal-sized positions

  1. Very concentrated
  2. Concentrated
  3. Focused
  4. Diversified

Low turnover · 0.0% a year

  1. Low
  2. Moderate
  3. High

Top 5 positions89% of US stock

  1. BB BlackBerry Limited held held33.6%
  2. IBM International Business Machines Corporation held held19.5%
  3. KW Kennedy-wilson Holdings, Inc. held held18.2%
  4. 7AB1 Resolute Forest Products held held13.0%
  5. NXH Neighborhood Intelligence, Inc. held held4.4%

Positions29 in this filing · 0 exited

BBBlackBerry Limited33.58%46,724,700$373Mheld—13 q
IBMInternational Business Machines Corporation19.51%1,362,500$216Mheld—14 q
KWKennedy-wilson Holdings, Inc.18.19%8,954,948$202Mheld—14 q
7AB1Resolute Forest Products13.00%30,548,190$144Mheld—14 q
NXHNeighborhood Intelligence, Inc.4.39%3,184,677$49Mheld—14 q
unresolvedExco Resources Inc2.46%25,538,912$27Mheld—14 q
unresolvedBaldwin & Lyons Inc Cl B2.24%969,875$25Mheld—14 q
HPHelmerich & Payne, Inc.2.12%349,974$24Mheld—7 q
JNJJohnson & Johnson0.88%82,850$10Mheld—14 q
PKXPOSCO Holdings Inc.0.88%191,879$10Mheld—5 q
PFEPfizer Inc.0.64%210,000$7Mheld—14 q
unresolvedLeucadia National0.51%300,000$6Mheld—3 q
TRQTurquoise Hill Resources Ltd0.31%1,150,400$3Mheld—4 q
WFCWells Fargo & Co.0.28%69,300$3Mheld—14 q
BRK.BBERKSHIRE HATHAWAY Class B0.25%19,500$3Mheld—14 q
BRK.ABerkshire Hathaway Inc.0.12%6$1Mheld—14 q
USBU.S. Bancorp0.09%23,200$995,000held—14 q
RYAMRayonier Advanced Materials Inc.0.08%70,000$935,000held—9 q
unresolvedU S G Corp0.08%32,800$848,000held—14 q
LXKLexmark International Inc-a0.06%16,200$647,000held—2 q
unresolvedColfax Corp0.05%16,300$512,000held—4 q
unresolvedNew Oriental Ed & Tech Grp I0.05%11,100$514,000held—14 q
unresolvedVirgin America Inc0.05%11,000$589,000new+0.05 ppnew
unresolvedCvent Inc0.04%14,500$460,000held—2 q
LRNStride, Inc.0.04%33,133$475,000held—13 q
CSXCSX Corporation0.03%9,800$299,000held—3 q
GDGeneral Dynamics Corporation0.02%1,500$233,000held—2 q
NOVNOV Inc.0.02%6,400$235,000held—2 q
NTESNetEase, inc.0.02%1,000$241,000new+0.02 ppnew

Source

Form
13F-HR
Reading
0 defects · 8 unresolved
Options
none in this filing
Notes
none in this filing
SEC cross-check
SEC data set not published yet