Prem Watsa Portfolio

Prem Watsa is a Canadian businessman and investor who is best known as the founder, chairman, and chief executive officer of Fairfax Financial Holdings. The company is a Canadian holding company that is involved in a wide range of businesses, including insurance, reinsurance, and investment management.

Watsa started his career as an investment analyst at Confederation Life Insurance Company in 1974. In 1985, he founded Fairfax Financial Holdings and has been at the helm of the company ever since. Under his leadership, the company has grown to become one of Canada’s largest and most successful financial services companies.

prem watsa portfolio

One of the key reasons for Fairfax’s success is Watsa’s value investing approach. He is often referred to as the “Warren Buffett of Canada” due to his ability to identify undervalued companies and assets, and then invest in them at a discounted price. This has led to strong returns for Fairfax and its shareholders over the years.

One of the most notable investments made by Fairfax is in BlackBerry, the Canadian technology company. In 2013, Fairfax invested $1 billion in BlackBerry, which helped to stabilize the company and prevent it from going bankrupt. This investment turned out to be a wise decision, as BlackBerry has since regained some of its former glory.

Fairfax is also known for its insurance and reinsurance operations. The company operates in over 100 countries and is one of the largest providers of property and casualty insurance in Canada. Fairfax is also a major player in the global reinsurance market, which provides insurance to insurance companies.

In addition to his role at Fairfax, Prem Watsa is also a well-respected philanthropist. He and his wife have donated millions of dollars to various charitable causes, including education and healthcare.

Fairfax Financial Holdings Stock Portfolio as of 30 September, 2022 (reported to SEC on 14 November, 2022)

Company Security Type CUSIP VALUE (x $1000) Number of Shares
ACTIVISION BLIZZARD INC COM 00507V109 5,851 78,700
ALIBABA GROUP HOLDING LTD SPONSORED ADS 01609W102 23,439 292,800
ALPHABET INC CAP STK CL A 02079K305 32,204 336,620
AMERICAN EXPRESS CO COM 025816109 216 1,600
ATLAS CORP SHARES Y0436Q109 1,743,631 125,081,134
AUTOHOME INC SP ADS RP CL A 05278C107 2,673 93,000
BANK AMER CORP COM 060505104 93,712 3,101,000
BANK OF NOVA SCOTIA COM 064149107 13,799 289,100
BERKSHIRE HATHAWAY INC. CL A 084670108 405 1
BLACKBERRY LIMITED COM 09228F103 219,606 46,724,700
BLACKBERRY LIMITED DBCV 1.750% 11/1 09228FAK9 356,565 330,000,000
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 2,046 50,000
BROOKFIELD ASST MG CL A EXCH LTD VTG G16169107 14 343
BRP INC COM SUN VTG 05577W200 1,307 21,200
CANADIAN PAC RY LTD COM 13645T100 1,005 15,000
CHEVRON CORP NEW COM 166764100 45,150 314,000
CITRIX SYSTEMS INC COM 177376100 1,476 14,200
COLLIERS INTL GROUP INC SUB VTG SHS 194693107 2,302 25,000
CRESCENT CAP BDC INC COM 225655109 31,307 2,092,698
CVS HEALTH CORP COM 126650100 1,431 15,000
DARLING INGREDIENTS INC COM 237266101 1,073 16,200
DELEK US HLDGS INC COM 24665A103 869 32,000
DENNY’S CORP COM 24869P104 1,174 125,000
DEVON ENERGY CORP COM 25179M103 698 11,600
DINE BRANDS GLOBAL INC COM 254423106 1,270 20,000
EOG RES INC COM 26875P101 447 4,000
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 1,014 28,000
FIRST HORIZON CORP COM 320517105 1,474 64,300
FRANKLIN RESOURCES INC COM 354613101 21,520 1,000,000
F-STAR THERAPEUTICS INC COM 30315R107 125 24,399
GARRETT MOTION INC COM 366505105 621 109,900
GARRETT MOTION INC PFD 18 MONTHS 366505204 1,131 159,239
GENERAL ELECTRIC CO COM 369604301 10,776 173,862
GENERAL MTRS CO COM 37045V100 12,080 375,965
GRANITE REAL ESTATE INVESTMENT UNIT 99/99/9999 387437114 968 20,000
H&R BLOCK INC COM 093671105 44,040 1,035,019
HELMERICH & PAYNE INC COM 423452101 20,528 555,105
IMAX CORP COM 45245E109 1,765 125,000
INDEPENDENCE CONTRACT DRILLING COM 453415606 1,171 390,294
INTEL CORP COM 458140100 16,821 652,500
INTL SEAWAYS INC COM Y41053102 20,128 572,954
JACOBS SOLUTIONS INC COM 46982L108 1,196 11,000
JOHNSON & JOHNSON COM 478160104 12,004 73,400
KENNEDY-WILSON HOLDINGS INC COM 489398107 205,958 13,322,009
KKR & CO INC COM 48251W104 1,720 40,000
LIBERTY BROADBAND CORP COM SER C 530307305 471 6,380
LIBERTY TRIPADVISOR HLDGS INC COM SER A 531465102 1,782 1,650,000
LOYALTY VENTURES INC COMMON STOCK 54911Q107 288 240,000
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 1,280 125,000
MASTERCRAFT BOAT HOLDINGS INC COM 57637H103 188 10,000
MERCK & CO INC COM 58933Y105 14,899 172,900
META PLATFORMS INC CL A 30303M102 950 7,000
MGM RESORTS INTERNATIONAL COM 552953101 876 29,500
MICRON TECHNOLOGY INC COM 595112103 173,483 3,462,049
MIDDLEBY CORP COM 596278101 1,858 14,500
NIELSEN HOLDINGS PLC SHS EUR G6518L108 746 26,900
OCCIDENTAL PETE CORP COM 674599105 56,626 921,500
ORLA MINING LTD COM 68634K106 32,502 10,219,650
OSISKO GOLD ROYALTIES LTD COM 68827L101 1,627 160,000
PFIZER INC COM 717081103 20,206 460,900
PIONEER NAT RES CO COM 723787107 434 2,000
RESOLUTE FOREST PRODS INC COM 76117W109 610,964 30,548,190
RESTAURANT BRANDS INTL INC COM 76131D103 2,321 43,500
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 6,435 93,700
TELESAT CORP CL A & CL B SHS 879512309 443 76,000
TENCENT MUSIC ENTMT GROUP SPON ADS 88034P109 1,665 409,000
TENNECO INC CL A VTG COM STK 880349105 6,521 375,000
TFI INTERNATIONAL INC COM 87241L109 2,145 23,600
U S SILICA HLDGS INC COM 90346E103 1,418 130,000
UNDER ARMOUR INC CL C 904311206 1,363 229,000
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 459 1,400
VIEMED HEALTHCARE INC COM 92663R105 902 150,000
XERIS BIOPHARMA HOLDINGS INC COM 98422E103 236 151,395

Source: SEC report