Fairfax Financial Holdings Limited (FRFHF) Posted Solid Premium Growth And Underwriting Performance In Q2

Chautauqua Capital Management, a division of Baird Asset Management, is a boutique investment firm that released its second quarter 2025 investor letter for the “Baird Chautauqua International and Global Growth Fund”. A copy of the letter can be downloaded here. Global equity markets experienced a significant shift during the quarter, moving from notable losses to reaching new highs. Markets fell following the President’s announcement of unexpectedly severe tariffs, which raised recession fears. After a brief pause on tariffs, markets regained confidence, closing the quarter at or near all-time highs. In this environment, the Baird Chautauqua International Growth Fund underperformed its benchmark during the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, Baird Chautauqua International and Global Growth Fund highlighted stocks such as Fairfax Financial Holdings Limited (OTC:FRFHF). Fairfax Financial Holdings Limited (OTC:FRFHF) is an insurance company that offers property and casualty insurance and reinsurance, and investment management services. The one-month return of Fairfax Financial Holdings Limited (OTC:FRFHF) was -0.03%, and its shares gained 36.74% of their value over the last 52 weeks. On September 26, 2025, Fairfax Financial Holdings Limited (OTC:FRFHF) stock closed at $1,720.66 per share with a market capitalization of $38.255 billion.

Baird Chautauqua International and Global Growth Fund stated the following regarding Fairfax Financial Holdings Limited (OTC:FRFHF) in its second quarter 2025 investor letter:

“Fairfax Financial Holdings Limited (OTC:FRFHF) posted another quarter of solid premium growth and underwriting performance despite significant catastrophe losses related to the Los Angeles wildfires. Fairfax’s ability to absorb such a large catastrophe loss while still generating an underwriting profit is a testament to the insurance operations’ scale and diversification, as well as the experience and skill of its management team. Fairfax grew book value per share 14% y/y and continued to return capital to shareholders via share repurchases.”

Fairfax Financial Holdings Limited (OTC:FRFHF) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 1 hedge fund portfolios held Fairfax Financial Holdings Limited (OTC:FRFHF) at the end of the second quarter, which was 1 in the previous quarter. While we acknowledge the risk and potential of Fairfax Financial Holdings Limited (OTC:FRFHF) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Fairfax Financial Holdings Limited (OTC:FRFHF) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.