Prem Watsa

Prem Watsa

13F
Fairfax Financial Holdings
Last update 2024-02-20 57 Stocks (1 new)
Value $1.47 Bil Turnover 2 %
Countries:
Portfolio Report

Prem Watsa Profile

Prem Watsa was born on Aug. 5, 1950. His parents were originally from the small Christian community in the southern city of Mangalore, India. He studied at the Indian Institute of Technology, with a major in chemical engineering. On Sept. 11, 1972, Watsa arrived in London, Ontario with $8 in his pocket and a $600 draft toward the first year's tuition. He attended the MBA program at what later became the Ivey Business School at the University of Western Ontario. He took his first job Confederation Life in 1974. John Watson, the director of research, handed him the book, "Security Analysis."
Watsa's Fairfax Financial is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.
Fairfax's corporate objective is to achieve a high rate of return on invested capital and build long-term shareholder value. Fairfax seeks to differentiate itself by combining disciplined underwriting with the investment of its assets on a total return basis, which Fairfax believes provides above-average returns over the long-term.

Prem Watsa Investing Philosophy


In 1985, Watsa met Francis Chou, who told him how Warren Buffett made his money through investing Berkshire Hathaway's insurance float. As such, he based Fairfax Financial's strategy off this practive as well. Watsa emphasizes a conservative value investment philosophy, seeking to invest assets on a total return basis, which includes realized and unrealized gains over the long term.

Prem Watsa's Portfolio

Prem Watsa Current Holdings

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Ticker
Company
Shares
Value ($1000)
Shares Change %
Weighting %
Trade Impact %
% of Shares outstanding
3M Change %
YTD Change %
Market Cap $Mil
Industry
FNV
Franco-Nevada Corp
13,800
1,531.44
New Holding
0.10
+0.10%
0.01
+4.57%
+6.18%
22,515.43
Metals & Mining
CP
Canadian Pacific Kansas City Ltd
19,100
1,517.02
+27.33%
0.10
+0.02%
0
+11.32%
+12.07%
82,446.56
Transportation
ORLA
Orla Mining Ltd
37,697,191
121,788.29
+21.18%
8.29
+1.45%
11.99
+7.85%
+14.15%
1,166.84
Metals & Mining
OXY
Occidental Petroleum Corp
6,020,418
359,418.96
0%
24.46
0%
0.69
+5.56%
+7.91%
56,911.04
Oil & Gas
MU
Micron Technology Inc
3,911,649
333,820.13
0%
22.72
0%
0.35
+37.79%
+39.74%
132,053.65
Semiconductors
BB
BlackBerry Ltd
46,724,700
165,405.44
0%
11.26
0%
7.98
-22.54%
-22.32%
1,608.33
Software
KW
Kennedy-Wilson Holdings Inc
13,322,009
164,793.25
0%
11.22
0%
9.56
-30.31%
-30.65%
1,157.68
Real Estate
CCAP
Crescent Capital BDC Inc
2,092,698
36,350.16
0%
2.47
0%
5.65
-0.01%
+0.91%
631.16
Asset Management
BEN
Franklin Resources Inc
1,000,000
29,780.00
0%
2.03
0%
0.19
-6.41%
-5.19%
14,548.80
Asset Management
BABA
Alibaba Group Holding Ltd
292,800
22,692.00
0%
1.54
0%
0.01
-5.94%
-7.64%
178,975.00
Retail - Cyclical
HP
Helmerich & Payne Inc
555,105
20,100.35
0%
1.37
0%
0.56
+15.60%
+17.89%
4,173.45
Oil & Gas
MRK
Merck & Co Inc
172,900
18,849.56
0%
1.28
0%
0.01
+22.79%
+21.62%
333,675.83
Drug Manufacturers
VOO
Vanguard S&P 500 ETF
40,000
17,472.00
0%
1.19
0%
0.01
+9.79%
+10.06%
428,264.84
 
BNS
Bank of Nova Scotia
289,100
14,123.75
0%
0.96
0%
0.02
+7.47%
+6.81%
62,464.64
Banks
GM
General Motors Co
375,965
13,500.90
0%
0.92
0%
0.03
+23.95%
+24.50%
51,476.18
Vehicles & Parts
PFE
Pfizer Inc
460,900
13,264.70
0%
0.90
0%
0.01
-1.44%
-2.06%
157,305.40
Drug Manufacturers
JNJ
Johnson & Johnson
73,400
11,504.72
0%
0.78
0%
0
+1.80%
+1.54%
380,649.33
Drug Manufacturers
TSM
Taiwan Semiconductor Manufacturing Co Ltd
93,700
9,740.12
0%
0.66
0%
0
+31.13%
+31.95%
709,012.40
Semiconductors
META
Meta Platforms Inc
21,600
7,645.32
0%
0.52
0%
0
+38.19%
+39.70%
1,259,278.65
Interactive Media
CIGI
Colliers International Group Inc
25,000
3,166.81
0%
0.22
0%
0.05
-4.62%
-2.85%
6,151.51
Real Estate
100/Page
Total 61

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