FAIRFAX FINANCIAL HOLDINGS LTD CAN's Q2 2023 13F: 5 new positions, 11 exits

Form 13F-HR for the quarter ended Jun 30, 2023 · filed Aug 14, 2023 · 60 reported positions · accession 0001104659-23-090742

View the filing on SEC.gov

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
Increased OCCIDENTAL PETE CORP (OXY) 13.4% 23.1% +9.7 pts +2.99M sh +99%
Exited BANK AMERICA CORP (BAC) 6.9% — −6.9 pts −3.4M sh −100%
Exited CHEVRON CORP NEW (CVX) 3.6% — −3.6 pts −314K sh −100%
Increased VANGUARD INDEX FDS (VOO) 0.0% 2.2% +2.2 pts +82,600 sh +5900%
Increased ORLA MINING LTD (ORLA) 5.1% 5.4% +0.3 pts +4.53M sh +29%
Reduced GENERAL ELECTRIC CO (GE) 1.2% 0.7% −0.5 pts −75,000 sh −43%
Exited PROVENTION BIO INC (PRVB) 0.5% — −0.5 pts −277K sh −100%
New DICE THERAPEUTICS INC (DICE) — 0.4% +0.4 pts +130K sh new
Increased ACTIVISION BLIZZARD INC (ATVI) 0.1% 0.3% +0.2 pts +39,000 sh +188%
Increased MICRON TECHNOLOGY INC (MU) 16.5% 16.0% −0.5 pts +46,800 sh +1%
Increased META PLATFORMS INC (META) 0.2% 0.4% +0.2 pts +9,300 sh +76%
Increased GENTEX CORP (GNTX) 0.0% 0.2% +0.1 pts +75,200 sh +767%
New ATS CORPORATION (ATS) — 0.1% +0.1 pts +40,000 sh new
New EPAM SYSTEMS INC (EPAM) — 0.1% +0.1 pts +6,950 sh new
Exited GARRETT MOTION INC (GTXAP) 0.1% — −0.1 pts −159K sh −100%
Increased GARRETT MOTION INC (GTX) 0.1% 0.1% +0.1 pts +176K sh +160%
Reduced SPDR SER TR (BIL) 0.1% 0.1% −0.1 pts −8,600 sh −46%
New ARCO PLATFORM LTD (ARCE) — 0.0% 0.0 pts +63,156 sh new
Exited FIDELITY NATIONAL FINANCIAL (FNT) 0.0% — 0.0 pts −19,390 sh −100%
Increased FIRST HORIZON CORPORATION (FHN) 0.1% 0.1% 0.0 pts +49,000 sh +54%
Reduced TAIWAN SEMICONDUCTOR MFG LTD (TSM) 0.7% 0.6% 0.0 pts −4,800 sh −5%
Exited BROOKFIELD ASSET MANAGMT LTD (BAM) 0.0% — 0.0 pts −12,583 sh −100%
Exited DEVON ENERGY CORPORATION (DVN) 0.0% — 0.0 pts −6,000 sh −100%
New CONSOLIDATED COMM HLDGS INC (CNSL) — 0.0% 0.0 pts +78,850 sh new
Exited AMERICAN EXPRESS CO (AXP) 0.0% — 0.0 pts −1,600 sh −100%
Exited EOG RES INC (EOG) 0.0% — 0.0 pts −2,000 sh −100%
Reduced ALPHABET INC (GOOGL) 2.5% 2.6% +0.1 pts −2,000 sh −1%
Exited PIONEER NAT RES CO (PXD) 0.0% — 0.0 pts −1,000 sh −100%
Exited BROOKFIELD REINS LTD (BNRE) 0.0% — 0.0 pts −343 sh −100%

Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled

† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:

  • CANADIAN PACIFIC KANSAS CITY (CP): 13645T100 → 13646K108, 15,000 → 15,000 shares

Top 10 positions — 85.9% of the equity book

Changes in the top 10 this quarter: VOO entered · BEN entered · INTC entered · BAC left · CVX left · BABA left

# Security Weight before Weight now
1 OCCIDENTAL PETE CORP (OXY) 13.4% 23.1%
2 BLACKBERRY LIMITED (BB) 15.1% 16.9%
3 MICRON TECHNOLOGY INC (MU) 16.5% 16.0%
4 KENNEDY-WILSON HOLDINGS INC (KW) 15.7% 14.2%
5 ORLA MINING LTD (ORLA) 5.1% 5.4%
6 ALPHABET INC (GOOGL) 2.5% 2.6%
7 VANGUARD INDEX FDS (VOO) 0.0% 2.2% Entered the top 10
8 CRESCENT CAP BDC INC (CCAP) 2.0% 2.1%
9 FRANKLIN RESOURCES INC (BEN) 1.9% 1.7% Entered the top 10
10 INTEL CORP (INTC) 1.7% 1.6% Entered the top 10
— BANK AMERICA CORP (BAC) 6.9% 0.0% Left the top 10
— CHEVRON CORP NEW (CVX) 3.6% 0.0% Left the top 10
— ALIBABA GROUP HOLDING LTD (BABA) 2.1% 1.6% Left the top 10

Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).