Fairfax Financial
Fairfax Financial's Q2 2026 13F shows 11 moves including a record KHC addition and the largest single-quarter reshuffle on record with us since 2025-Q2.
- Largest single-quarter reshuffle on record with us — $1.2B
- Added to TAP for a 4th consecutive quarter
- Added $219.2M to KHC
Sources & details
Windowpast 90 days · 11 events · ending Sep 27, 2026
DetailLargest single-quarter reshuffle on record with us — $1.2B (since 2025-Q2) · Added to TAP for a 4th consecutive quarter (+556.0k shares in 2026-Q2) · Added $219.2M to KHC — 8% of portfolio, +172% QoQ · Added $66.9M to ORLA — 3% of portfolio, +84% QoQ · Added $36.1M to UAA — 1% of portfolio, +5% QoQ
Full summary
Fairfax Financial's Q2 2026 quarterly filing marks the largest single-quarter reshuffle on record with us — $1.2B (since 2025-Q2) — with the KHC position at the center of the activity. The standout move was the largest addition to KHC on record with us — +$219.2M (since 2025-Q2) — bringing the position to roughly 8% of disclosed book after a +172% QoQ increase in share count. That single move accounts for the bulk of the quarter's dollar activity. Fairfax also added to ORLA, growing that gold-mining stake by +84% QoQ to approximately 3% of disclosed book. Beyond those two headline moves, Fairfax added to TAP for a 4th consecutive quarter (+556.0k shares in 2026-Q2), continued trimming GTX for a 4th consecutive quarter (−81.7k shares in 2026-Q2), and added modestly to UAA and WBD. Three new positions were opened — RCI, CPAC, and EA — each under 1% of disclosed book. MX was trimmed by 50% QoQ. The through-line across Q2 2026 is a concentrated repositioning: one outsized bet on KHC, a continued build in ORLA, and a steady multi-quarter wind-down of GTX alongside a multi-quarter build in TAP.
Underlying filings
- Institutional holdingFairfax FinancialJun 30, 2026Added to PFE · +53.0k shares · −$2.7M
- Institutional holdingFairfax FinancialJun 30, 2026Added to UAA · +2.4M shares · +$36.1M
- Institutional holdingFairfax FinancialJun 30, 2026Opened position in RCI · 150.2k shares · $4.9M
- Institutional holdingFairfax FinancialJun 30, 2026Added to WBD · +24.0k shares · +$590.6k
- Institutional holdingFairfax FinancialJun 30, 2026Opened position in CPAC · 50.0k shares · $594.5k
- Institutional holdingFairfax FinancialJun 30, 2026Added to KHC · +9.0M shares · +$219.2M
- Institutional holdingFairfax FinancialJun 30, 2026Trimmed GTX · −81.7k shares · +$371.2k
- Institutional holdingFairfax FinancialJun 30, 2026Added to ORLA · +26.6M shares · +$66.9M
- Institutional holdingFairfax FinancialJun 30, 2026Trimmed MX · −62.5k shares · −$52.5k
- Institutional holdingFairfax FinancialJun 30, 2026Added to TAP · +556.0k shares · +$15.7M
- Institutional holdingFairfax FinancialJun 30, 2026Opened position in EA · 5.1k shares · $1.0M
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GeneratedSep 27, 2026
NoteAuto-generated summary · not investment advice · verify before acting.