Prem Watsa13F | |
Fairfax Financial Holdings | |
Last update 2024-08-14 | 38 Stocks (2 new) |
Value $1.18 Bil | Turnover 7 % |
Portfolio Report |
Prem Watsa Profile
Prem Watsa was born on Aug. 5, 1950. His parents were originally from the small Christian community in the southern city of Mangalore, India. He studied at the Indian Institute of Technology, with a major in chemical engineering. On Sept. 11, 1972, Watsa arrived in London, Ontario with $8 in his pocket and a $600 draft toward the first year's tuition. He attended the MBA program at what later became the Ivey Business School at the University of Western Ontario. He took his first job Confederation Life in 1974. John Watson, the director of research, handed him the book, "Security Analysis."
Watsa's Fairfax Financial is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.
Fairfax's corporate objective is to achieve a high rate of return on invested capital and build long-term shareholder value. Fairfax seeks to differentiate itself by combining disciplined underwriting with the investment of its assets on a total return basis, which Fairfax believes provides above-average returns over the long-term.
Watsa's Fairfax Financial is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.
Fairfax's corporate objective is to achieve a high rate of return on invested capital and build long-term shareholder value. Fairfax seeks to differentiate itself by combining disciplined underwriting with the investment of its assets on a total return basis, which Fairfax believes provides above-average returns over the long-term.
Prem Watsa Investing Philosophy
In 1985, Watsa met Francis Chou, who told him how Warren Buffett made his money through investing Berkshire Hathaway's insurance float. As such, he based Fairfax Financial's strategy off this practive as well. Watsa emphasizes a conservative value investment philosophy, seeking to invest assets on a total return basis, which includes realized and unrealized gains over the long term.
Prem Watsa Portfolio and Latest Trades
Ticker |
---|
Ticker |
MU |
VOO |
CCAP |
UAA |
TSM |
META |
GE |
CRDO |
CP |
CVS |
FHN |
GEV |
CPRI |
XERS |
MU |
ORLA |
VOO |
CPRI |
META |
SPR |
CCAP |
OR |
MIDD |
BN |
EPAM |
IMAX |
UA |
ATS |
J |
SLCA |
DENN |
FHN |
DIN |
ICDI |
BIL |
DK |
DAR |
LBRDK |
X |
TFII |
ORLA |
INTC |
GOOGL |
GE |
ATVI |
FNV |
KKR |
LTRPA |
TSAT |
CP |
CNSL |
TFII |
ORLA |
VOO |
DICE |
ATVI |
MU |
CPRI |
TFII |
ARCE |
GE |
X |
KKR |
QSR |
TSAT |
OXY |
BAC |
CVX |
VOO |
ORLA |
GE |
PRVB |
DICE |
ATVI |
MU |
META |
GNTX |
ATS |
EPAM |
GTXAP.PFD |
GTX |
BIL |
ARCE |
FNF |
FHN |
TSM |
BAM |
CNSL |
EOG |
AXP |
DVN |
GOOGL |
PXD |
BNT |
ATCO |
RFP |
OXY |
MU |
ORLA |
BAC |
Ticker | | Company | Date | Action | Impact % | Price Range | Price | Price Change from Avrg% | Comment | Current Shares | Share Change |
---|---|---|---|---|---|---|---|---|---|---|---|
Ticker | | Company | Date | Action | Impact % | Price Range | Price | Price Change from Avrg% | Comment | Current Shares | Share Change |
MU | Micron Technology Inc | 2024-06-30 | Reduce | -6.29% | 106.77 ($126.02) 153.45 | $102.54 | -18.63% | Reduce -94.23% | 40,100 | -655,000 | |
VOO | Vanguard S&P 500 ETF | 2024-06-30 | Add | +3.68% | 455.1 ($481.2) 504.28 | $526.85 | 9.49% | Add 1087.5% | 95,000 | 87,000 | |
CCAP | Crescent Capital BDC Inc | 2024-06-30 | Sold Out | -2.73% | 16.96 ($17.86) 19.1 | $18.27 | 2.30% | Sold Out | 0 | -1,945,858 | |
UAA | Under Armour Inc | 2024-06-30 | New Buy | +2.38% | 6.55 ($6.82) 7.31 | $8.49 | 24.49% | New holding | 4,223,700 | 4,223,700 | |
TSM | Taiwan Semiconductor Manufacturing Co Ltd | 2024-06-30 | Add | +0.70% | 127.7 ($151.69) 179.69 | $186.05 | 22.65% | Add 51.23% | 141,700 | 48,000 | |
META | Meta Platforms Inc | 2024-06-30 | New Buy | +0.55% | 430.17 ($486.09) 527.34 | $592.89 | 21.97% | New holding | 12,800 | 12,800 | |
GE | GE Aerospace | 2024-06-30 | Sold Out | -0.29% | 136.47 ($159.66) 168.86 | $187.47 | 17.42% | Sold Out | 0 | -25,600 | |
CRDO | Credo Technology Group Holding Ltd | 2024-06-30 | Sold Out | -0.15% | 16.92 ($22.11) 31.94 | $33.71 | 52.46% | Sold Out | 0 | -87,566 | |
CP | Canadian Pacific Kansas City Ltd | 2024-06-30 | Sold Out | -0.14% | 76.19 ($81.38) 89.24 | $80.61 | -0.95% | Sold Out | 0 | -19,100 | |
CVS | CVS Health Corp | 2024-06-30 | Sold Out | -0.10% | 53.63 ($62.55) 79.56 | $65.90 | 5.36% | Sold Out | 0 | -15,000 | |
FHN | First Horizon Corp | 2024-06-30 | Sold Out | -0.09% | 13.91 ($15.14) 16.25 | $15.47 | 2.18% | Sold Out | 0 | -69,650 | |
GEV | GE Vernova Inc | 2024-06-30 | Sold Out | -0.07% | 122.7 ($158.47) 181.45 | $264.27 | 66.76% | Sold Out | 0 | -6,400 | |
CPRI | Capri Holdings Ltd | 2024-06-30 | Add | +0.04% | 30.95 ($36.17) 45.36 | $42.62 | 17.83% | Add 7.39% | 202,100 | 13,900 | |
XERS | Xeris Biopharma Holdings Inc | 2024-06-30 | Add | 0% | 1.7 ($2.02) 2.45 | $2.94 | 45.54% | Add 12.91% | 170,937 | 19,542 | |
MU | Micron Technology Inc | 2024-03-31 | Reduce | -18.68% | 79.5 ($90.51) 119.25 | $102.54 | 13.29% | Reduce -82.23% | 695,100 | -3,216,549 | |
ORLA | Orla Mining Ltd | 2024-03-31 | Add | +5.50% | 3.1 ($3.45) 3.79 | $4.15 | 20.29% | Add 47.64% | 55,655,229 | 17,958,038 | |
VOO | Vanguard S&P 500 ETF | 2024-03-31 | Reduce | -0.95% | 429.43 ($457.68) 481.35 | $526.85 | 15.11% | Reduce -80% | 8,000 | -32,000 | |
CPRI | Capri Holdings Ltd | 2024-03-31 | Add | +0.59% | 44.76 ($47.65) 51.03 | $42.62 | -10.56% | Add 623.85% | 188,200 | 162,200 | |
META | Meta Platforms Inc | 2024-03-31 | Sold Out | -0.52% | 344.47 ($446.07) 512.19 | $592.89 | 32.91% | Sold Out | 0 | -21,600 | |
SPR | Spirit AeroSystems Holdings Inc | 2024-03-31 | New Buy | +0.45% | 25.28 ($30.32) 36.07 | $32.25 | 6.37% | New holding | 152,000 | 152,000 | |
CCAP | Crescent Capital BDC Inc | 2024-03-31 | Reduce | -0.17% | 16.03 ($16.8) 17.66 | $18.27 | 8.75% | Reduce -7.02% | 1,945,858 | -146,840 | |
OR | Osisko Gold Royalties Ltd | 2024-03-31 | Sold Out | -0.16% | 13.61 ($14.78) 16.42 | $18.73 | 26.73% | Sold Out | 0 | -160,000 | |
MIDD | The Middleby Corp | 2024-03-31 | Sold Out | -0.15% | 135.39 ($147.31) 160.79 | $132.00 | -10.39% | Sold Out | 0 | -14,500 | |
BN | Brookfield Corp | 2024-03-31 | Sold Out | -0.14% | 38.17 ($40.45) 42.33 | $52.40 | 29.54% | Sold Out | 0 | -50,000 | |
EPAM | EPAM Systems Inc | 2024-03-31 | Sold Out | -0.14% | 267.34 ($294.23) 314.63 | $195.18 | -33.66% | Sold Out | 0 | -6,950 | |
IMAX | Imax Corp | 2024-03-31 | Sold Out | -0.13% | 13.48 ($15.2) 17.54 | $19.41 | 27.70% | Sold Out | 0 | -125,000 | |
UA | Under Armour Inc | 2024-03-31 | Sold Out | -0.13% | 6.82 ($7.66) 8.61 | $8.01 | 4.57% | Sold Out | 0 | -229,000 | |
ATS | ATS Corp | 2024-03-31 | Sold Out | -0.12% | 33.72 ($39.69) 44.34 | $29.87 | -24.74% | Sold Out | 0 | -40,000 | |
J | Jacobs Solutions Inc | 2024-03-31 | Sold Out | -0.10% | 126.43 ($141.75) 153.73 | $137.35 | -3.10% | Sold Out | 0 | -11,000 | |
SLCA | US Silica Holdings Inc | 2024-03-31 | Sold Out | -0.10% | 10.15 ($11.19) 12.92 | $15.49 | 38.43% | Sold Out | 0 | -130,000 | |
DENN | Denny's Corp | 2024-03-31 | Sold Out | -0.09% | 8.55 ($9.82) 11.14 | $6.05 | -38.39% | Sold Out | 0 | -125,000 | |
FHN | First Horizon Corp | 2024-03-31 | Reduce | -0.07% | 13.25 ($14.35) 15.4 | $15.47 | 7.80% | Reduce -50% | 69,650 | -69,650 | |
DIN | Dine Brands Global Inc | 2024-03-31 | Sold Out | -0.07% | 43.75 ($46.45) 50.8 | $29.78 | -35.89% | Sold Out | 0 | -20,000 | |
ICDI | Independence Contract Drilling Inc | 2024-03-31 | Sold Out | -0.07% | 1.63 ($1.96) 2.45 | $0.15 | -92.54% | Sold Out | 0 | -390,294 | |
BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | 2024-03-31 | Sold Out | -0.06% | 91.4 ($91.6) 91.8 | $91.53 | -0.08% | Sold Out | 0 | -10,000 | |
DK | Delek US Holdings Inc | 2024-03-31 | Sold Out | -0.06% | 23.93 ($27.06) 30.74 | $19.67 | -27.31% | Sold Out | 0 | -32,000 | |
DAR | Darling Ingredients Inc | 2024-03-31 | Sold Out | -0.05% | 40.69 ($44.02) 50.48 | $36.57 | -16.92% | Sold Out | 0 | -16,200 | |
LBRDK | Liberty Broadband Corp | 2024-03-31 | Add | +0.04% | 55.5 ($66.14) 81.32 | $78.34 | 18.45% | Add 131.66% | 14,780 | 8,400 | |
X | United States Steel Corp | 2024-03-31 | Reduce | -0.03% | 38.26 ($45.76) 48.49 | $35.26 | -22.95% | Reduce -50.28% | 8,900 | -9,000 | |
TFII | TFI International Inc | 2024-03-31 | Reduce | -0.02% | 130.57 ($143.03) 161.11 | $135.85 | -5.02% | Reduce -13.07% | 13,300 | -2,000 | |
ORLA | Orla Mining Ltd | 2023-12-31 | Add | +1.45% | 2.67 ($3.14) 3.53 | $4.15 | 32.17% | Add 21.18% | 37,697,191 | 6,588,541 | |
INTC | Intel Corp | 2023-12-31 | Reduce | -1.30% | 32.52 ($40.62) 50.76 | $23.32 | -42.59% | Reduce -74.75% | 190,000 | -562,500 | |
GOOGL | Alphabet Inc | 2023-12-31 | Reduce | -0.51% | 122.17 ($134.36) 141.52 | $164.38 | 22.34% | Reduce -17.93% | 274,620 | -60,000 | |
GE | General Electric Co | 2023-12-31 | Reduce | -0.49% | 106.08 ($116.09) 128.32 | $187.47 | 61.49% | Reduce -72.57% | 25,600 | -67,712 | |
ATVI | Activision Blizzard Inc | 2023-12-31 | Sold Out | -0.17% | 93.67 ($94.24) 94.47 | $94.42 | 0.19% | Sold Out | 0 | -27,800 | |
FNV | Franco-Nevada Corp | 2023-12-31 | New Buy | +0.10% | 103.8 ($121.65) 140.89 | $120.58 | -0.88% | New holding | 13,800 | 13,800 | |
KKR | KKR & Co Inc | 2023-12-31 | Reduce | -0.05% | 54.1 ($67.71) 84.69 | $131.35 | 93.99% | Reduce -34.72% | 23,500 | -12,500 | |
LTRPA | Liberty TripAdvisor Holdings Inc | 2023-12-31 | Sold Out | -0.05% | 0.18 ($0.48) 0.85 | $0.48 | 0% | Sold Out | 0 | -1,650,000 | |
TSAT | Telesat Corp | 2023-12-31 | Sold Out | -0.05% | 9.95 ($11.18) 13.53 | $12.85 | 14.94% | Sold Out | 0 | -54,000 | |
CP | Canadian Pacific Kansas City Ltd | 2023-12-31 | Add | +0.02% | 69.45 ($73.2) 79.74 | $80.61 | 10.12% | Add 27.33% | 19,100 | 4,100 | |
CNSL | Consolidated Communications Holdings Inc | 2023-12-31 | Sold Out | -0.02% | 3.32 ($4.14) 4.5 | $4.63 | 11.84% | Sold Out | 0 | -78,850 | |
TFII | TFI International Inc | 2023-12-31 | Reduce | -0.01% | 106.76 ($118.5) 137.73 | $135.85 | 14.64% | Reduce -8.93% | 15,300 | -1,500 | |
ORLA | Orla Mining Ltd | 2023-09-30 | Add | +2.59% | 3.57 ($4.44) 4.76 | $4.15 | -6.53% | Add 56.19% | 31,108,650 | 11,192,100 | |
VOO | Vanguard S&P 500 ETF | 2023-09-30 | Reduce | -1.17% | 392.7 ($408.89) 420.68 | $526.85 | 28.85% | Reduce -52.38% | 40,000 | -44,000 | |
DICE | DICE Therapeutics Inc | 2023-09-30 | Sold Out | -0.39% | 46.4 ($47.05) 47.55 | $47.55 | 1.06% | Sold Out | 0 | -130,000 | |
ATVI | Activision Blizzard Inc | 2023-09-30 | Reduce | -0.18% | 82.43 ($91.23) 94.05 | $94.42 | 3.50% | Reduce -53.43% | 27,800 | -31,900 | |
MU | Micron Technology Inc | 2023-09-30 | Add | +0.11% | 60.65 ($66.99) 71.79 | $102.54 | 53.07% | Add 0.64% | 3,911,649 | 25,000 | |
CPRI | Capri Holdings Ltd | 2023-09-30 | New Buy | +0.09% | 34.61 ($45.35) 53.9 | $42.62 | -6.02% | New holding | 26,000 | 26,000 | |
TFII | TFI International Inc | 2023-09-30 | Reduce | -0.05% | 109.4 ($126.93) 137.53 | $135.85 | 7.03% | Reduce -28.81% | 16,800 | -6,800 | |
ARCE | Arco Platform Ltd | 2023-09-30 | Sold Out | -0.05% | 11.9 ($13.19) 13.83 | $13.98 | 5.99% | Sold Out | 0 | -63,156 | |
GE | General Electric Co | 2023-09-30 | Reduce | -0.04% | 107.37 ($112.61) 117.16 | $187.47 | 66.48% | Reduce -5.61% | 93,312 | -5,550 | |
X | United States Steel Corp | 2023-09-30 | New Buy | +0.04% | 22.5 ($28.04) 32.48 | $35.26 | 25.75% | New holding | 17,900 | 17,900 | |
KKR | KKR & Co Inc | 2023-09-30 | Reduce | -0.02% | 53.91 ($60.73) 64.46 | $131.35 | 116.29% | Reduce -10% | 36,000 | -4,000 | |
QSR | Restaurant Brands International Inc | 2023-09-30 | Reduce | -0.01% | 65.92 ($71.81) 77.78 | $69.83 | -2.76% | Reduce -3.45% | 42,000 | -1,500 | |
TSAT | Telesat Corp | 2023-09-30 | Reduce | -0.01% | 8.4 ($13.59) 21.85 | $12.85 | -5.45% | Reduce -28.95% | 54,000 | -22,000 | |
OXY | Occidental Petroleum Corp | 2023-06-30 | Add | +11.48% | 56.07 ($60.03) 65.18 | $54.32 | -9.51% | Add 98.67% | 6,020,418 | 2,989,991 | |
BAC | Bank of America Corp | 2023-06-30 | Sold Out | -6.91% | 26.99 ($28.54) 30.56 | $39.93 | 39.91% | Sold Out | 0 | -3,402,000 | |
CVX | Chevron Corp | 2023-06-30 | Sold Out | -3.64% | 150.62 ($160.37) 172.44 | $148.75 | -7.25% | Sold Out | 0 | -314,000 | |
VOO | Vanguard S&P 500 ETF | 2023-06-30 | Add | +2.19% | 369.99 ($384.18) 407.28 | $526.85 | 37.14% | Add 5900% | 84,000 | 82,600 | |
ORLA | Orla Mining Ltd | 2023-06-30 | Add | +1.23% | 3.9 ($4.45) 4.85 | $4.15 | -6.74% | Add 29.47% | 19,916,550 | 4,533,200 | |
GE | General Electric Co | 2023-06-30 | Reduce | -0.51% | 93.6 ($101.37) 109.85 | $187.47 | 84.94% | Reduce -43.14% | 98,862 | -75,000 | |
PRVB | Provention Bio Inc | 2023-06-30 | Sold Out | -0.47% | 24.1 ($24.38) 24.98 | $24.98 | 2.46% | Sold Out | 0 | -277,000 | |
DICE | DICE Therapeutics Inc | 2023-06-30 | New Buy | +0.39% | 25.86 ($34.47) 46.71 | $47.55 | 37.95% | New holding | 130,000 | 130,000 | |
ATVI | Activision Blizzard Inc | 2023-06-30 | Add | +0.22% | 74.59 ($81) 86.74 | $94.42 | 16.57% | Add 188.41% | 59,700 | 39,000 | |
MU | Micron Technology Inc | 2023-06-30 | Add | +0.19% | 57.02 ($64.22) 73.93 | $102.54 | 59.67% | Add 1.22% | 3,886,649 | 46,800 | |
META | Meta Platforms Inc | 2023-06-30 | Add | +0.17% | 207.55 ($246.21) 288.73 | $592.89 | 140.81% | Add 75.61% | 21,600 | 9,300 | |
GNTX | Gentex Corp | 2023-06-30 | Add | +0.14% | 26.26 ($27.57) 29.26 | $28.68 | 4.03% | Add 767.35% | 85,000 | 75,200 | |
ATS | ATS Corp | 2023-06-30 | New Buy | +0.12% | 38.9 ($43) 48.11 | $29.87 | -30.53% | New holding | 40,000 | 40,000 | |
EPAM | EPAM Systems Inc | 2023-06-30 | New Buy | +0.10% | 203.25 ($252.6) 300.01 | $195.18 | -22.73% | New holding | 6,950 | 6,950 | |
GTXAP.PFD | Garrett Motion Inc | 2023-06-30 | Sold Out | -0.10% | 8.57 ($8.98) 9.38 | $8.60 | -4.23% | Sold Out | 0 | -159,239 | |
GTX | Garrett Motion Inc | 2023-06-30 | Add | +0.09% | 7.36 ($8.02) 8.53 | $7.88 | -1.75% | Add 160.02% | 285,760 | 175,860 | |
BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | 2023-06-30 | Reduce | -0.06% | 89.97 ($90.49) 91.05 | $91.53 | 1.15% | Reduce -46.24% | 10,000 | -8,600 | |
ARCE | Arco Platform Ltd | 2023-06-30 | New Buy | +0.05% | 10.75 ($11.84) 12.61 | $13.98 | 18.07% | New holding | 63,156 | 63,156 | |
FNF | Fidelity National Financial Inc | 2023-06-30 | Sold Out | -0.05% | 33.29 ($34.88) 36.04 | $60.17 | 72.51% | Sold Out | 0 | -19,390 | |
FHN | First Horizon Corp | 2023-06-30 | Add | +0.04% | 9.67 ($13.47) 18.59 | $15.47 | 14.85% | Add 54.26% | 139,300 | 49,000 | |
TSM | Taiwan Semiconductor Manufacturing Co Ltd | 2023-06-30 | Reduce | -0.03% | 82.25 ($93.07) 107.41 | $186.05 | 99.90% | Reduce -4.87% | 93,700 | -4,800 | |
BAM | Brookfield Asset Management Ltd | 2023-06-30 | Sold Out | -0.03% | 30.52 ($32.17) 33.86 | $47.03 | 46.19% | Sold Out | 0 | -12,583 | |
CNSL | Consolidated Communications Holdings Inc | 2023-06-30 | New Buy | +0.02% | 2.49 ($3.59) 3.89 | $4.63 | 28.97% | New holding | 78,850 | 78,850 | |
EOG | EOG Resources Inc | 2023-06-30 | Sold Out | -0.02% | 106.82 ($114.2) 122.31 | $130.37 | 14.16% | Sold Out | 0 | -2,000 | |
AXP | American Express Co | 2023-06-30 | Sold Out | -0.02% | 147.93 ($161.4) 175.14 | $269.11 | 66.73% | Sold Out | 0 | -1,600 | |
DVN | Devon Energy Corp | 2023-06-30 | Sold Out | -0.02% | 46.1 ($50.28) 55.7 | $41.68 | -17.10% | Sold Out | 0 | -6,000 | |
GOOGL | Alphabet Inc | 2023-06-30 | Reduce | -0.01% | 103.71 ($114.92) 127.31 | $164.38 | 43.04% | Reduce -0.59% | 334,620 | -2,000 | |
PXD | Pioneer Natural Resources Co | 2023-06-30 | Sold Out | -0.01% | 198.66 ($210.41) 230 | $269.62 | 28.14% | Sold Out | 0 | -1,000 | |
BNT | Brookfield Reinsurance Ltd | 2023-06-30 | Sold Out | 0% | 30.69 ($32.1) 33.86 | $52.54 | 63.68% | Sold Out | 0 | -343 | |
ATCO | Atlas Corp | 2023-03-31 | Sold Out | -51.93% | 14.81 ($15.29) 15.48 | $15.48 | 1.24% | Sold Out | 0 | -125,081,134 | |
RFP | Resolute Forest Products Inc | 2023-03-31 | Sold Out | -17.85% | 21.25 ($21.59) 22.13 | $21.92 | 1.53% | Sold Out | 0 | -30,548,190 | |
OXY | Occidental Petroleum Corp | 2023-03-31 | Add | +9.36% | 56.8 ($62.13) 67.09 | $54.32 | -12.57% | Add 228.86% | 3,030,427 | 2,108,927 | |
MU | Micron Technology Inc | 2023-03-31 | Add | +1.62% | 50.37 ($58.6) 63.87 | $102.54 | 74.98% | Add 10.91% | 3,839,849 | 377,800 | |
ORLA | Orla Mining Ltd | 2023-03-31 | Add | +1.55% | 3.88 ($4.27) 4.89 | $4.15 | -2.81% | Add 43.51% | 15,383,350 | 4,663,700 | |
BAC | Bank of America Corp | 2023-03-31 | Add | +0.61% | 26.97 ($33.01) 36.77 | $39.93 | 20.96% | Add 9.71% | 3,402,000 | 301,000 |
Total 139
Prem Watsa News
- 1