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FAIRFAX FINANCIAL HOLDINGS LTD/ CAN

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13F filer, CIK 915191, TORONTO, Ontario, Canada

FAIRFAX FINANCIAL HOLDINGS LTD/ CAN reported $2,083,409,107 across 29 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 86.86% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001104659-26-015544

Period
2025-12-31
Reported value
$2.08B
Holdings
29
Top 10 weight
86.86%
New
3
Sold out
3

Part of the filer group FAIRFAX FINANCIAL HOLDINGS LTD/ CAN

How groups are built

Largest buys vs the previous quarter

SecurityShares changeApprox. value
UAAadded+35,647,123$177M
UAnew+9,457,355$45.4M
TAPadded+48,429$2.26M
CNInew+19,800$1.96M
PRTHnew+70,500$384K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
ORLAreduced-25,000,000-$333M
DLTRexited-44,380-$4.19M
FNVexited-16,800-$3.74M
KKRexited-20,000-$2.6M
LULUreduced-12,500-$2.6M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001104659-26-015544, largest first. % of portfolio is the value over $2,083,409,107, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
ORLAORLA MNG LTD NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 56,817,229 shares; 2024Q4: 56,817,229 shares; 2025Q1: 56,817,229 shares; 2025Q2: 56,817,229 shares; 2025Q3: 56,817,229 shares; 2025Q4: 31,817,229 shares 31,817,229$424M20.33%-25,000,000Timeline
OXYOCCIDENTAL PETE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,020,418 shares; 2024Q4: 6,020,418 shares; 2025Q1: 6,020,418 shares; 2025Q2: 6,050,418 shares; 2025Q3: 6,050,418 shares; 2025Q4: 6,050,418 shares 6,050,418$249M11.94%0Timeline
CVSCVS HEALTH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 2,712,000 shares; 2025Q1: 2,712,000 shares; 2025Q2: 2,712,000 shares; 2025Q3: 2,712,000 shares; 2025Q4: 2,712,000 shares 2,712,000$215M10.33%0Timeline
UAAUNDER ARMOUR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,311,800 shares; 2024Q4: 6,311,800 shares; 2025Q1: 6,311,800 shares; 2025Q2: 6,311,800 shares; 2025Q3: 6,311,800 shares; 2025Q4: 41,958,923 shares 41,958,923$209M10.01%+35,647,123Timeline
CLFCLEVELAND-CLIFFS INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 5,899,273 shares; 2025Q1: 14,899,273 shares; 2025Q2: 14,899,273 shares; 2025Q3: 14,899,273 shares; 2025Q4: 14,899,273 shares 14,899,273$198M9.49%0Timeline
BBBLACKBERRY LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 46,724,700 shares; 2024Q4: 46,724,700 shares; 2025Q1: 46,724,700 shares; 2025Q2: 40,784,700 shares; 2025Q3: 35,395,320 shares; 2025Q4: 34,980,220 shares 34,980,220$132M6.35%-415,100Timeline
KWKENNEDY-WILSON HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,322,009 shares; 2024Q4: 13,322,009 shares; 2025Q1: 13,322,009 shares; 2025Q2: 13,322,009 shares; 2025Q3: 13,322,009 shares; 2025Q4: 13,322,009 shares 13,322,009$129M6.18%0Timeline
KHCKRAFT HEINZ COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 750,000 shares; 2024Q4: 3,314,000 shares; 2025Q1: 3,359,000 shares; 2025Q2: 4,884,000 shares; 2025Q3: 5,119,000 shares; 2025Q4: 5,119,000 shares 5,119,000$124M5.96%0Timeline
ATSATS CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 56,700 shares; 2024Q4: 2,486,400 shares; 2025Q1: 2,486,400 shares; 2025Q2: 2,486,400 shares; 2025Q3: 2,486,400 shares; 2025Q4: 2,486,400 shares 2,486,400$68.3M3.28%0Timeline
TAPMOLSON COORS BEVERAGE COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,186,500 shares; 2025Q1: 1,206,500 shares; 2025Q2: 1,218,500 shares; 2025Q3: 1,290,071 shares; 2025Q4: 1,338,500 shares 1,338,500$62.5M3%+48,429Timeline
UAUNDER ARMOUR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 9,457,355 shares 9,457,355$45.4M2.18%newTimeline
VOOVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 72,900 shares; 2025Q3: 58,248 shares; 2025Q4: 58,248 shares 58,248$36.5M1.75%0Timeline
HPHELMERICH & PAYNE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 555,105 shares; 2024Q4: 774,105 shares; 2025Q1: 774,105 shares; 2025Q2: 974,105 shares; 2025Q3: 1,174,105 shares; 2025Q4: 1,174,105 shares 1,174,105$33.7M1.62%0Timeline
GMGENERAL MTRS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 375,965 shares; 2024Q4: 375,965 shares; 2025Q1: 375,965 shares; 2025Q2: 375,965 shares; 2025Q3: 375,965 shares; 2025Q4: 375,965 shares 375,965$30.6M1.47%0Timeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 141,700 shares; 2024Q4: 141,700 shares; 2025Q1: 141,700 shares; 2025Q2: 93,700 shares; 2025Q3: 93,700 shares; 2025Q4: 93,700 shares 93,700$28.5M1.37%0Timeline
BNSBANK NOVA SCOTIA B CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 289,100 shares; 2024Q4: 359,100 shares; 2025Q1: 359,100 shares; 2025Q2: 359,100 shares; 2025Q3: 359,100 shares; 2025Q4: 359,100 shares 359,100$26.5M1.27%0Timeline
PFEPFIZER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 460,900 shares; 2024Q4: 650,900 shares; 2025Q1: 650,900 shares; 2025Q2: 650,900 shares; 2025Q3: 890,900 shares; 2025Q4: 890,900 shares 890,900$22.2M1.06%0Timeline
MRKMERCK & CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 172,900 shares; 2024Q4: 172,900 shares; 2025Q1: 172,900 shares; 2025Q2: 172,900 shares; 2025Q3: 172,900 shares; 2025Q4: 172,900 shares 172,900$18.2M0.87%0Timeline
JNJJOHNSON & JOHNSONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 73,400 shares; 2024Q4: 73,400 shares; 2025Q1: 73,400 shares; 2025Q2: 73,400 shares; 2025Q3: 73,400 shares; 2025Q4: 73,400 shares 73,400$15.2M0.73%0Timeline
GTXGARRETT MOTION INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 285,760 shares; 2024Q4: 304,360 shares; 2025Q1: 304,360 shares; 2025Q2: 304,360 shares; 2025Q3: 301,860 shares; 2025Q4: 260,460 shares 260,460$4.54M0.22%-41,400Timeline
CIGICOLLIERS INTL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 25,000 shares; 2024Q4: 25,000 shares; 2025Q1: 22,000 shares; 2025Q2: 22,000 shares; 2025Q3: 22,000 shares; 2025Q4: 22,000 shares 22,000$3.19M0.15%0Timeline
LULULULULEMON ATHLETICA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 25,000 shares; 2025Q4: 12,500 shares 12,500$2.6M0.12%-12,500Timeline
CNICANADIAN NATL RY COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 19,800 shares 19,800$1.96M0.09%newTimeline
CPRICAPRI HOLDINGS LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 202,100 shares; 2024Q4: 78,100 shares; 2025Q1: 78,100 shares; 2025Q2: 78,100 shares; 2025Q3: 78,100 shares; 2025Q4: 78,100 shares 78,100$1.91M0.09%0Timeline
PENNPENN ENTERTAINMENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 54,900 shares; 2025Q3: 54,900 shares; 2025Q4: 54,900 shares 54,900$809K0.04%0Timeline
BRK-ABERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1 shares; 2024Q4: 1 shares; 2025Q1: 1 shares; 2025Q2: 1 shares; 2025Q3: 1 shares; 2025Q4: 1 shares 1$753K0.04%0Timeline
BRSLBRIGHTSTAR LOTTERY PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 36,633 shares; 2025Q4: 36,633 shares 36,633$567K0.03%0Timeline
PRTHPRIORITY TECHNOLOGY HLDGS INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 70,500 shares 70,500$384K0.02%newTimeline
MXMAGNACHIP SEMICONDUCTOR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 125,000 shares; 2024Q4: 125,000 shares; 2025Q1: 125,000 shares; 2025Q2: 125,000 shares; 2025Q3: 125,000 shares; 2025Q4: 125,000 shares 125,000$316K0.02%0Timeline

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
DLTRDOLLAR TREE INC44,380$4.19Mshares
FNVFRANCO NEV CORP16,800$3.74Mshares
KKRKKR & CO INC20,000$2.6Mshares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001104659-26-015544 base2026-02-17acceptance time not in the bulk data set