FRFHF · Fairfax Financial Holdings Ltd · Holdings

$1,754.00 -8.58 (-0.49%) At close · Oct 27 Q2 2026 earnings call transcript

Market Cap

$39.24B

22.37M

Volume · Oct 27 2717 Avg daily vol (3M) 7763

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP → See every holder of FRFHF: 13F, 13D and 13G, insiders and funds →

The Sep 30, 2026 filing window is still open — showing the latest known positions. Funds that have not filed yet carry their prior-quarter positions; a fund that filed without this stock counts as sold out. Each fund's Change is measured against its own previous reported quarter, shown in the Reported column. Pick a completed quarter in the Quarter selector below to put every fund on one quarter and see the stock-wide activity breakdown.

Quarter:

Holders: 17

Total Value: $117,769,693

Total Shares: 72,119

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 17 13F filers

Top Holder

40.8%

of institutional value

Top 5

95.6%

of institutional value

Top 10

99.4%

of institutional value

HHI

3,061

Highly concentrated

Who Holds FRFHF

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 17 filers, like-for-like change -14.3%; actively managed books -14.1%; index-like books -70.0%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	89.1%	12	-13.3%	2	4
Adviser	1.4%	1	0.0%	0	0
Bank	0.0%	0	—	0	0
Insurer	0.0%	0	—	0	0
Unknown	9.5%	4	-24.3%	0	1

Style	Share	Filers	Change	New	Exited
Index-like	0.1%	1	-70.0%	0	2
Concentrated	45.3%	6	+6.8%	0	0
Diversified active	54.5%	10	-26.1%	2	3
Not measured	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	99.2%	13	-14.4%	1	5
Medium turnover	0.0%	1	new	1	0
High turnover	0.0%	0	—	0	0
Unknown	0.7%	3	-10.3%	0	0
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	0.3%	2	0.0%	0	0
Medium horizon	0.1%	1	-57.0%	0	1
Long horizon	99.6%	14	-14.2%	2	4
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	87.7%	9	-15.2%	1	2
$1B to $10B	3.2%	6	+147.7%	1	2
$10B to $100B	9.1%	2	-24.3%	0	0
$100B or more	0.0%	0	-100.0%	0	1
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	88.9%	10	-13.0%	1	2
Corporations	0.0%	1	new	1	0
Other investment advisers	0.1%	1	-69.6%	0	1
Governments and sovereign funds	0.0%	0	-100.0%	0	1
Unknown	10.9%	5	-21.9%	0	1

Private funds	Share	Filers	Change	New	Exited
Hedge funds	0.3%	1	0.0%	0	0
Private equity funds	0.0%	1	0.0%	0	0
Other private funds	35.2%	1	+2.4%	0	1
No private funds	53.6%	9	-21.3%	2	3
Unknown	10.9%	5	-21.9%	0	1

Location	Share	Filers	Change	New	Exited
United States	92.3%	16	-13.0%	2	5
Outside the US	7.7%	1	-27.4%	0	0

The Sep 30, 2026 filing window is still open, so its bar carries the Jun 30, 2026 positions of filers that have not filed yet.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 1 holder with no observed 2026-03-31 13F and 1 holder with no observed 2026-06-30 13F.

Conviction and Crowding

17 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

11.8% of filers hold it in their top 10

Mar 31, 2026: 3

Holders above 5%

median weight 0.041%

Mar 31, 2026: 3

Crowding

—

a foreign private issuer reports ordinary shares, a different unit from the listed shares

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

a foreign private issuer reports ordinary shares, a different unit from the listed shares

Top 10 holders

99.4%

of 13F shares, Herfindahl 0.306

Active holders

-14.1%

like-for-like share change of active filers

5% stakes on record

0 13D, 1 13G (0 institutional, 0 passive, 1 exempt)

How long holders have held it value-weighted 9.5 quarters

Under 1 year 13.6% 1 to 3 years 50.4% 3 years or more 36.1% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$1,074.57

estimated per share

Mar 31, 2026: $1,004.63

Quarter-end price

$1,646.79

implied by 13F values

Estimated gain or loss

+53.3%

price against the estimated cost

Estimated at a loss

13.5%

of costed 13F value

Estimated cost covers 98.7% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Shared Holders

Companies FRFHF's active holders also own, quarter ended Jun 30, 2026

#	Company	Shared holders	Similarity
1	FWONA Liberty Media Corp	3	0.100
2	MKL Markel Group Inc.	3	0.072
3	BN BROOKFIELD Corp	3	0.063
4	HSY Hershey Co	3	0.058
5	ABT Abbott Laboratories	5	0.043
6	CVX Chevron Corp	6	0.037
7	PEP Pepsico Inc	5	0.036
8	AAPL Apple Inc.	7	0.034
9	MSFT Microsoft Corp	7	0.034
10	BRK-B Berkshire Hathaway Inc	6	0.033

Shareholder Targets

13F filers that own its peers but not FRFHF, quarter ended Jun 30, 2026

Found through its holder-overlap peers: FWONA, MKL, BN, HSY, ABT, CVX, PEP, AAPL, MSFT, BRK-B, SCHW, GOOGL, JNJ, PFE, JPM, LMT, DIS, MRK, PG, CAT. 7,154 filers in all.

#	Filer	In peers	Of book	Largest peers
1	BlackRock, Inc. Holding company, Index-like	$1,247,009,641,924 20 held	18.6%	AAPL, GOOGL, MSFT
2	VANGUARD CAPITAL MANAGEMENT LLC Registered adviser, Index-like	$1,018,142,304,263 20 held	21.8%	AAPL, GOOGL, MSFT
3	STATE STREET CORP Bank, Index-like	$710,570,517,604 19 held	21.1%	AAPL, GOOGL, MSFT
4	GEODE CAPITAL MANAGEMENT, LLC Registered adviser, Index-like	$389,360,587,922 20 held	20.8%	AAPL, GOOGL, MSFT
5	FMR LLC Holding company, Diversified active	$356,579,549,537 20 held	15.5%	GOOGL, AAPL, MSFT
6	VANGUARD PORTFOLIO MANAGEMENT LLC Registered adviser, Diversified active	$336,547,890,132 19 held	15.2%	AAPL, GOOGL, MSFT
7	MORGAN STANLEY Holding company, Index-like	$280,649,114,695 20 held	14.9%	AAPL, GOOGL, MSFT
8	JPMORGAN CHASE & CO Bank, Diversified active	$260,452,648,814 20 held	15.1%	GOOGL, AAPL, MSFT
9	NORGES BANK Non-US, Index-like	$206,425,934,153 18 held	20.6%	GOOGL, AAPL, MSFT
10	PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active	$180,849,516,258 20 held	18.2%	GOOGL, AAPL, MSFT

Fund Ownership of FRFHF by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 4.75% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	0.80%	+0.48 pp	178,024	16
Index ETFs	3.96%	-0.09 pp	885,374	45
Active ETFs	0.60%	+0.10 pp	134,603	10
Active funds	1.87%	+0.65 pp	419,160	107
Unclassified	0.04%	+0.03 pp	8,729	10
All registered funds	7.27%	+1.17 pp	1,625,890	188

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Holder type: Registered adviser 12 Adviser 1 Unknown 4

Showing 17 of 17

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Mraz, Amerine & Associates, Inc.

$48,457,387

41.15%

29,425

Elgethun Capital Management

$41,856,972

35.54%

25,417

LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE

$10,286,703

8.73%

6,571

Mn Services Vermogensbeheer B.V.

$8,693,054

7.38%

5,553

CHECK CAPITAL MANAGEMENT INC/CA

$3,259,037

2.77%

1,979

KAHN BROTHERS GROUP INC

$1,676,452

1.42%

1,018

HUNTINGTON NATIONAL BANK

$1,646,810

1.40%

1,000

ATLAS CAPITAL ADVISORS INC.

$512,157

0.43%

311

LOUNTZIS ASSET MANAGEMENT, LLC

$401,821

0.34%

244

Williams Jones Wealth Management, LLC.

$329,362

0.28%

200

COMPASS FINANCIAL MANAGEMENT LLC

$329,362

0.28%

200

GAMMA Investing LLC

$169,070

0.14%

108

Coston, McIsaac & Partners

$65,872

0.06%

Ancora Advisors LLC

$46,110

0.04%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ANCORA PRIVATE WEALTH ADVISORS, LLC	28	$46,110	100.0%	Sole

Salomon & Ludwin, LLC

$19,761

0.02%

McMillan Office, Inc.

$19,761

0.02%

HANTZ FINANCIAL SERVICES, INC.

0.00%

Key facts CIK 915191 CUSIP 303901102 13F (30d) 3 filings 3 filers Visit website Investor relations