Fairfax Financial
Fairfax Financial's Q2 2026 13F shows largest single-quarter reshuffle on record with us — $1.2B — led by a record KHC addition and broad rebalancing across 11 positions.
- 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 11, 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 Kraft Heinz at the center of the activity. The standout move was a $219.2M addition to KHC — the largest addition to KHC on record with us (since 2025-Q2) — bringing the position to roughly 8% of disclosed book at +172% QoQ. Alongside that, Fairfax added to ORLA by +$66.9M (+84% QoQ, ≈3% of portfolio) and added to UAA by +$36.1M (+5% QoQ, ≈1% of portfolio). Three new positions were opened: RCI at $4.9M, CPAC at $594.5k, and EA at $1.0M — all sub-1% of portfolio. On the reduction side, Fairfax trimmed GTX for a 4th consecutive quarter (−81.7k shares in Q2 2026, −44% QoQ) and cut MX by half (−50% QoQ). Smaller additions were made to PFE (+5% QoQ) and WBD (+41% QoQ), while TAP was added to for a 4th consecutive quarter (+556.0k shares in Q2 2026, +39% QoQ). The through-line across Q2 2026 is a decisive concentration into KHC paired with a persistent, multi-quarter reduction of GTX and a steady build in TAP — a portfolio reshuffle that is the largest on record with us.
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
Source11 citations →
GeneratedSep 11, 2026
NoteAuto-generated summary · not investment advice · verify before acting.