Hedge Fund - Fairfax Financial Holdings

Prem Watsa Bio, Returns, AUM, Net Worth

Founded in 1985, Fairfax Financial Holdings Limited is a holding company primarily involved in property and casualty insurance, reinsurance, and investment management through its subsidiaries. Fairfax sets itself apart by combining disciplined underwriting with a value-oriented investment strategy, aiming to deliver above-average returns over time.

Prem Watsa, an Indian-Canadian billionaire businessman, is the founder, chairman, and chief executive of Fairfax Financial Holdings, based in Toronto. Often referred to as the "Canadian Warren Buffett," Watsa was awarded the Padma Shri, India's fourth-highest civilian award, in January 2020. Born in Hyderabad, India, he later joined his brother in Canada and enrolled in the University of Western Ontario's MBA program. To finance his education, Watsa sold appliances door-to-door. After working as an investment analyst, he founded Fairfax Financial Holdings in 1985, acquiring insurance companies and modeling his business strategy on the success of his idol, Warren Buffett.

Fairfax Financial Holdings Ltd. reported a portfolio valued at $1,228,645,660 in their latest 13F filing for Q1 2024. The firm's top 10 holdings constitute 87.42% of the total portfolio value, reflecting a high concentration in these assets. The largest holding is Occidental Petroleum Corp., with Fairfax holding 6,020,418 shares.

Prem Watsa
Fund Profile
Filing Period:
Fund Name: Fairfax Financial Holdings
Manager Prem Watsa
Portfolio Value $1,228,645,660
Change This QTR +0.84%
Filing Period:
Last update:
No. Security Ticker Shares Value Activity % Port History
1. OXY 6,020,418 $391,146,557 31.83%
Orla Mining Ltd.
55,655,229 $209,655,182 +48% 17.06%
3. BB 46,724,700 $128,025,678 10.42%
4. KW 13,322,009 $114,169,617 9.29%
5. MU 695,100 $81,931,437 -83% 6.66%
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