Fairfax Financial
Picture
Moves
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
- held
- held
- held
- held
- added+3.54
Positions
| ATCOAtlas Corp | 49.18% | 125,081,134 | $1.7B | held | — | 11 q |
| 7AB1Resolute Forest Products | 17.23% | 30,548,190 | $611M | held | — | 38 q |
| BBBlackBerry Limited | 6.19% | 46,724,700 | $220M | held | — | 37 q |
| KWKennedy-wilson Holdings, Inc. | 5.81% | 13,322,009 | $206M | held | — | 38 q |
| MUMicron Technology, Inc. | 4.89% | 3,462,049 | $173M | added×5.0 | +3.54 pp | 16 q |
| BACBank of America Corporation | 2.64% | 3,101,000 | $94M | added+21% | −0.18 pp | 2 q |
| OXYOccidental Petroleum Corporation | 1.60% | 921,500 | $57M | added+4% | −0.24 pp | 2 q |
| CVXChevron Corporation | 1.27% | 314,000 | $45M | held | — | 11 q |
| HRBH&R Block, Inc. | 1.24% | 1,035,019 | $44M | trimmed−8% | −0.15 pp | 7 q |
| ORLAOrla Mining Ltd | 0.92% | 10,219,650 | $33M | new | +0.92 pp | new |
| GOOGLAlphabet Inc. Class A | 0.91% | 336,620 | $32M | held | — | 11 q |
| CCAPCrescent Capital BDC, Inc. | 0.88% | 2,092,698 | $31M | trimmed−6% | −0.33 pp | 11 q |
| BABAAlibaba Group Holding Limited | 0.66% | 292,800 | $23M | held | — | 5 q |
| BENFranklin Templeton, Inc. | 0.61% | 1,000,000 | $22M | held | — | 11 q |
| HPHelmerich & Payne, Inc. | 0.58% | 555,105 | $21M | held | — | 31 q |
| PFEPfizer Inc. | 0.57% | 460,900 | $20M | added+15% | −0.17 pp | 8 q |
| INSWInternational Seaways, Inc. | 0.57% | 572,954 | $20M | held | — | 5 q |
| INTCIntel Corp | 0.47% | 652,500 | $17M | added+5% | −0.35 pp | 2 q |
| MRKMerck & Co., Inc. | 0.42% | 172,900 | $15M | held | — | 8 q |
| BNSBank of Nova Scotia | 0.39% | 289,100 | $14M | added+17% | −0.12 pp | 16 q |
| GMGeneral Motors Company | 0.34% | 375,965 | $12M | held | — | 18 q |
| JNJJohnson & Johnson | 0.34% | 73,400 | $12M | held | — | 38 q |
| GEGE Aerospace | 0.30% | 173,862 | $11M | held | — | 5 q |
| TSMTaiwan Semiconductor Manufacturing Company Ltd. | 0.18% | 93,700 | $6M | held | — | 21 q |
| TNNTenneco Inc-class A | 0.18% | 375,000 | $7M | held | — | 3 q |
| AIYActivision Blizzard Inc | 0.17% | 78,700 | $6M | held | — | 3 q |
| ATHMAutohome Inc. | 0.08% | 93,000 | $3M | held | — | 3 q |
| QSRRestaurant Brands International Inc. | 0.07% | 43,500 | $2M | held | — | 12 q |
| unresolvedBrookfield Asset Mgmt Inc | 0.06% | 50,000 | $2M | held | — | 8 q |
| CIGIColliers International Group Inc. Subordinate Voting Shares | 0.06% | 25,000 | $2M | held | — | 12 q |
| TFIITFI International Inc. | 0.06% | 23,600 | $2M | held | — | 2 q |
| IMAXImax Corp | 0.05% | 125,000 | $2M | held | — | 8 q |
| KKRKKR & Co. Inc. | 0.05% | 40,000 | $2M | held | — | 12 q |
| LTRPALiberty TripAdvisor Holdings, Inc. Series A | 0.05% | 1,650,000 | $2M | held | — | 11 q |
| MIDDMiddleby Corp | 0.05% | 14,500 | $2M | held | — | 12 q |
| OROR Royalties Inc. | 0.05% | 160,000 | $2M | held | — | 12 q |
| TMETencent Music Entertainment Group | 0.05% | 409,000 | $2M | held | — | 4 q |
| DOOBRP Inc. Common Subordinate Voting Shares | 0.04% | 21,200 | $1M | added+20% | 0.00 pp | 2 q |
| CVSCvs Health Corporation | 0.04% | 15,000 | $1M | held | — | 12 q |
| CTXSCitrix Systems Inc | 0.04% | 14,200 | $1M | held | — | 3 q |
| DINDine Brands Global, Inc. | 0.04% | 20,000 | $1M | held | — | 12 q |
| FHNFirst Horizon Corporation | 0.04% | 64,300 | $1M | held | — | 2 q |
| MXMagnachip Semiconductor Corp. | 0.04% | 125,000 | $1M | added+25% | −0.01 pp | 6 q |
| SLCAU.s. Silica Holdings, Inc. | 0.04% | 130,000 | $1M | held | — | 10 q |
| UAUnder Armour, Inc. Class C, $0.0003 1/3 par value | 0.04% | 229,000 | $1M | held | — | 8 q |
| unresolvedCanadian Pac Ry Ltd | 0.03% | 15,000 | $1M | held | — | 4 q |
| DARDarling Ingredients Inc. | 0.03% | 16,200 | $1M | held | — | 11 q |
| DENNDenny's Corp | 0.03% | 125,000 | $1M | held | — | 8 q |
| METAMeta Platforms, Inc. Class A | 0.03% | 7,000 | $950,000 | held | — | 6 q |
| FNFFidelity National Financial, Inc. | 0.03% | 28,000 | $1M | held | — | 10 q |
| Garrett Motion Incconvertible | 0.03% | 159,239 | $1M | held | — | 4 q |
| GRT-UCADGranite Real Estate Investme | 0.03% | 20,000 | $968,000 | held | — | 11 q |
| ICDIQIndependence Contract Drilling, Inc. | 0.03% | 390,294 | $1M | held | — | 4 q |
| JJacobs Solutions Inc. | 0.03% | 11,000 | $1M | new | +0.03 pp | new |
| VMDViemed Healthcare, Inc. | 0.03% | 150,000 | $902,000 | held | — | 6 q |
| DKDelek US Holdings, Inc. | 0.02% | 32,000 | $869,000 | held | — | 3 q |
| DVNDevon Energy Corporation | 0.02% | 11,600 | $698,000 | held | — | 5 q |
| GTXGarrett Motion Inc. | 0.02% | 109,900 | $621,000 | held | — | 6 q |
| MGMMgm Resorts International | 0.02% | 29,500 | $876,000 | held | — | 2 q |
| NLSNNielsen Holdings PLC | 0.02% | 26,900 | $746,000 | held | — | 3 q |
| AXPAmerican Express Company | 0.01% | 1,600 | $216,000 | new | +0.01 pp | new |
| BRK.ABerkshire Hathaway Inc. | 0.01% | 1 | $405,000 | held | — | 38 q |
| EOGEOG Resources, Inc. | 0.01% | 4,000 | $447,000 | held | — | 4 q |
| LBRDKLiberty Broadband Corporation Class C | 0.01% | 6,380 | $471,000 | held | — | 8 q |
| LYLTLoyalty Ventures Inc. | 0.01% | 240,000 | $288,000 | added×4.0 | 0.00 pp | 3 q |
| MCFTMasterCraft Boat Holdings, Inc. | 0.01% | 10,000 | $188,000 | held | — | 13 q |
| PXDPioneer Natural Resource Co. | 0.01% | 2,000 | $434,000 | held | — | 5 q |
| TSATTelesat Corporation Class A and Class B Variable Voting Shares | 0.01% | 76,000 | $443,000 | held | — | 4 q |
| VOOVanguard S&P 500 ETF | 0.01% | 1,400 | $459,000 | trimmed−30% | −0.01 pp | 6 q |
| XERSXeris Biopharma Holdings, Inc. | 0.01% | 151,395 | $236,000 | held | — | 4 q |
| unresolvedF-star Therapeutics Inc | 0.00% | 24,399 | $125,000 | new | 0.00 pp | new |
| unresolvedBrookfield Asset Mgmt Reins | 0.00% | 343 | $14,000 | held | — | 6 q |
| JECJacobs Engineering Group | — | −11,000 | — | exited | −0.05 pp | — |
| IRBTiRobot Corporation | — | −15,000 | — | exited | −0.02 pp | — |
Other 13(f) securities
Options
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| Blackberry Ltd | 100.00% | 330,000,000 | $357M |