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Prem Watsa · quarter digest

What Prem Watsa did in Q4 2025

Fairfax Financial filed 7 moves in Q4 2025: 1 new, 2 add, 3 trim, 1 exit.

13F filed 2026-02-14. Manager quality score: q7. Philosophy: Value investing with insurance float. The Canadian Buffett.

New positions · 1

Fresh money

CNICANADIAN NATIONAL RAILWAY CO
NEW·0.1% book·+2
Adds · 2

Adding to conviction

ADD +15%·15.5% book·+33

Aligning with Buffett on Occidental.

UAAUNDER ARMOUR INC
ADD +715%·12.4% book·+16
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Trims · 3

Taking chips off

ORLAORLA MINING LTD
TRIM -44%·20.7% book·−2
GTXGARRETT MOTION INC
TRIM -14%·0.2% book·−9
LULULULULEMON ATHLETICA INC
TRIM -50%·0.1% book·+4
Exits · 1

Closed positions

KKRKKR & CO INC
EXIT·0.0% book·−7
Current top holdings

Prem Watsa’s book, latest snapshot

#TickerWeight
1BB
BlackBerry
18.2%
2OXY
Occidental Petroleum
13.5%
3KW
Kennedy-Wilson Holdings
9.8%
4MU
Micron Technology
7.4%
5CVS
CVS Health
5.9%
Other quarters for Prem Watsa

Not investment advice. Data from 13F filings with HoldLens parsing. Methodology.