FAIRFAX FINANCIAL HOLDINGS LTD/ CAN — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, FAIRFAX FINANCIAL HOLDINGS LTD/ CAN initiated 2 new positions, increased allocation to 8 existing positions, trimmed 1 position, and exited 2 positions entirely. The fund's 13F equity book declined from $2.08B to $1.94B (-6.8% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $2.08BPrior quarter
- $1.94BCurrent quarter
- $-0.14BNet delta
- -6.8%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| WENDYS CO | WEN | 1.17% | Holders → |
| WARNER BROS DISCOVERY INC | WBD | 0.08% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| UNDER ARMOUR INC | UA | +4.36% | +132.61% | History → |
| BRIGHTSTAR LOTTERY PLC | BRSL | +0.02% | +87.63% | Holders → |
| CANADIAN NATL RY CO | CNI | +0.04% | +25.25% | Holders → |
| COLLIERS INTL GROUP INC | CIGI | +-0.02% | +13.64% | Holders → |
| PFIZER INC | PFE | +0.37% | +11.22% | Holders → |
| MOLSON COORS BREWING COMPANY | TAP | +0.19% | +7.47% | History → |
| KRAFT HEINZ CO | KHC | +0.14% | +2.91% | History → |
| UNDER ARMOUR INC | UAA | +3.05% | +2.48% | History → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| GARRETT MOTION INC | GTX | -0.05% | -29.18% | Holders → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| OCCIDENTAL PETROLEUM CORP | OXY | 11.94% |
| VANGUARD INDEX FDS | VOO | 1.75% |
Methodology & FAQ
How FAIRFAX FINANCIAL HOLDINGS LTD/ CAN Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for FAIRFAX FINANCIAL HOLDINGS LTD/ CAN against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did FAIRFAX FINANCIAL HOLDINGS LTD/ CAN initiate in Q1 2026?
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN established 2 new positions in Q1 2026: WENDYS CO (WEN, 1.17%), WARNER BROS DISCOVERY INC (WBD, 0.08%).
Which existing positions saw the largest allocation increases for FAIRFAX FINANCIAL HOLDINGS LTD/ CAN in Q1 2026?
The largest portfolio-weight increases in existing positions were: UNDER ARMOUR INC (UA, +4.36% weight, +132.61% shares), BRIGHTSTAR LOTTERY PLC (BRSL, +0.02% weight, +87.63% shares), CANADIAN NATL RY CO (CNI, +0.04% weight, +25.25% shares), COLLIERS INTL GROUP INC (CIGI, +-0.02% weight, +13.64% shares), PFIZER INC (PFE, +0.37% weight, +11.22% shares), MOLSON COORS BREWING COMPANY (TAP, +0.19% weight, +7.47% shares), KRAFT HEINZ CO (KHC, +0.14% weight, +2.91% shares), UNDER ARMOUR INC (UAA, +3.05% weight, +2.48% shares).
Which positions did FAIRFAX FINANCIAL HOLDINGS LTD/ CAN fully exit in Q1 2026?
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN fully exited 2 positions in Q1 2026: OCCIDENTAL PETROLEUM CORP (OXY, last-reported weight 11.94%), VANGUARD INDEX FDS (VOO, last-reported weight 1.75%).
Which existing positions saw the largest allocation reductions for FAIRFAX FINANCIAL HOLDINGS LTD/ CAN in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: GARRETT MOTION INC (GTX, -0.05% weight, -29.18% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.