Fairfax Financial
Fairfax Financial's Q2 2026 13F shows 11 moves — largest single-quarter reshuffle on record with us since 2025-Q2, led by a record KHC addition.
- 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 17, 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 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. Fairfax also added to ORLA, growing that stake by +84% QoQ to about 3% of disclosed book. Under Armour (UAA) received a further addition of +$36.1M, representing roughly 1% of disclosed book at a +5% QoQ pace. On the other side of the ledger, Fairfax trimmed GTX for a 4th consecutive quarter, cutting the position by −81.7k shares (−44% QoQ), and trimmed MX by −50% QoQ. Three new positions were opened — RCI, CPAC, and EA — each below 1% of disclosed book. Fairfax also added to TAP for a 4th consecutive quarter (+556.0k shares in Q2 2026), continuing a steady accumulation streak, and added modestly to WBD (+41% QoQ) and PFE (+5% QoQ). The quarter's pattern is a concentrated repositioning: a record-sized build in KHC and a near-doubling of ORLA sit alongside persistent, methodical trimming of GTX — suggesting Fairfax is consolidating weight into a smaller number of higher-conviction names.
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
Source8 citations →
GeneratedSep 17, 2026
NoteAuto-generated summary · not investment advice · verify before acting.