Prem Watsa's Fairfax Financial Holdings Portfolio Q2 2025 Update: A Detailed Analysis

Prem Watsa's Fairfax Financial Holdings portfolio has undergone changes in Q2 2025. The portfolio has reduced exposure to Fairfax India Holdings, Canadian National Railway, and Canadian Pacific Railway, while increasing positions in Fairfax Africa Holdings, Fairfax Financial Holdings, and Fairfax India Holdings. The portfolio also holds stakes in Fairfax India Holdings, Fairfax Financial Holdings, and Fairfax Africa Holdings.

Prem Watsa's Fairfax Financial Holdings portfolio has seen notable adjustments in Q2 2025. The portfolio, valued at $1.87 billion, has reduced exposure to Fairfax India Holdings, Canadian National Railway, and Canadian Pacific Railway, while increasing positions in Fairfax Africa Holdings, Fairfax Financial Holdings, and Fairfax India Holdings. The portfolio also holds stakes in Fairfax India Holdings, Fairfax Financial Holdings, and Fairfax Africa Holdings Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q2 2025 Update^[1].

The portfolio's value increased from $1.84 billion to $1.87 billion in the second quarter of 2025, with a focus on larger equity holdings. The top three positions are Orla Mining, Occidental Petroleum, and CVS Health, which together account for approximately 54% of the portfolio Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q2 2025 Update^[1].

One of the significant changes is the reduction in the BlackBerry Ltd. (BB) stake, which is now at around 10% of the portfolio. The position was first purchased in 2010 and aggressively built up, but it saw a ~13% trimming this quarter at prices between $2.80 and $5.32 Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q2 2025 Update^[1].

Occidental Petroleum (OXY) is now the second-largest 13F stake at ~14% of the portfolio, built during the four quarters through Q2 2023 at prices between ~$57 and ~$67. The stock is currently trading at $45.14, below its purchase range, but there was a marginal increase this quarter Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q2 2025 Update^[1].

Kraft Heinz (KHC) saw a whopping ~350% stake increase in the previous quarter and another ~45% increase this quarter, with the stock currently trading at $26.67 Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q2 2025 Update^[1].

Orla Mining (ORLA) remains a significant position, with the stock trading well above its purchase range at $10.98 Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q2 2025 Update^[1].

The portfolio also holds stakes in Fairfax India Holdings, Fairfax Financial Holdings, and Fairfax Africa Holdings, with notable increases in these positions. The portfolio's overall equity portfolio was 100% hedged until Q4 2016, when those hedges were removed Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q2 2025 Update^[1].

Fairfax Financial Holdings Limited (OTC: FRFHF) has achieved a 19.9% net annual return since its inception, with a 6.9% annual performance on the S&P 500. The stock has gained 44.74% of its value over the past 52 weeks, closing at $171.00 per share on September 5, 2025 Here’s Silver Beech Capital’s Updates on Fairfax Financial Holdings Ltd (FRFHF)^[2].

The portfolio's adjustments reflect a strategic shift towards increasing positions in specific sectors and reducing exposure to others. The changes are likely aimed at aligning with the company's long-term investment strategy and capitalizing on market opportunities Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q2 2025 Update^[1].

References:
Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q2 2025 Update^[1] https://seekingalpha.com/article/4821277-prem-watsa-fairfax-financial-holdings-portfolio-q2-2025-update
Here’s Silver Beech Capital’s Updates on Fairfax Financial Holdings Ltd (FRFHF)^[2] https://investorempires.com/heres-silver-beech-capitals-updates-on-fairfax-financial-holdings-ltd-frfhf/