UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: September 30, 2011
Check here if Amendment: [ ]; Amendment Number: ____
This Amendment (check only one) [_] is a restatement.
[_] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Fairfax Financial Holdings Limited
Address: 95 Wellington Street West
Suite 800
Toronto, ON M5J 2N7
Form 13F File Number: 028-12554
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Paul Rivett
Title: Vice President and Chief Legal Officer
Phone: 416-367-4941
Signature,Place, and Date of Signing:
/s/ Paul Rivett Toronto, ON November 11, 2011
----------------- ------------- -------------------
Report Type (Check one only):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[_] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 44
Form 13F Information Table Value Total: $2,053,549
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
No. Form 13F File Number Name
01 028-12555 Hamblin Watsa Investment Counsel Ltd.
02 028-12556 V. Prem Watsa
FAIRFAX FINANCIAL HOLDINGS LIMITED
FORM 13F INFORMATION TABLE
September 30, 2011
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
-------- -------------- --------- -------- -------------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- -------------- --------- -------- ----------- --- ---- ---------- -------- ---- ------ ----
ABITIBIBOWATER
INC.............. COM NEW 003687209 262,556 17,503,704 SH DEFINED 01,02 SOLE
BALDWIN &
LYONS INC........ CL B 057755209 20,649 969,875 SH DEFINED 01,02 SOLE
BCE INC............ COM NEW 05534B760 10,090 268,300 SH DEFINED 01,02 SOLE
BERKSHIRE
HATHAWAY
INC.............. CL A 084670108 642 6 SH DEFINED 01,02 SOLE
BERKSHIRE
HATHAWAY
INC.............. CL B NEW 084670702 746 10,500 SH DEFINED 01,02 SOLE
BRISTOL MYERS
SQUIBB CO........ COM 110122108 314 10,000 SH DEFINED 01,02 SOLE
BROWN & BROWN
INC.............. COM 115236101 214 12,000 SH DEFINED 01,02 SOLE
CFS BANCORP
INC.............. COM 12525D102 43 10,000 SH DEFINED 01,02 SOLE
CITIGROUP INC...... COM NEW 172967424 384 15,000 SH DEFINED 01,02 SOLE
CNINSURE INC....... SPONSORED ADR 18976M103 315 45,000 SH DEFINED 01,02 SOLE
CONTINUCARE
CORP............. COM 212172100 389 61,100 SH DEFINED 01,02 SOLE
CRESUD S A C I F Y
A................ SPONSORED ADR 226406106 9,569 886,008 SH DEFINED 01,02 SOLE
DELL INC........... COM 24702R101 321,113 22,693,489 SH DEFINED 01,02 SOLE
EXCO RESOURCES
INC.............. COM 269279402 7,071 659,000 SH DEFINED 01,02 SOLE
FIRST PLACE
FINANCIAL/OHIO... COM 33610T109 9 10,000 SH DEFINED 01,02 SOLE
FRONTIER
COMMUNICATIONS
CORP............. COM 35906A108 113,768 18,620,000 SH DEFINED 01,02 SOLE
HOLOGIC INC........ COM 436440101 304 20,000 SH DEFINED 01,02 SOLE
INTEL CORP......... SDCV 458140AD2 11,658 11,500,000 PRN DEFINED 01,02 SOLE
JOHNSON &
JOHNSON.......... COM 478160104 330,292 5,184,300 SH DEFINED 01,02 SOLE
KENNEDY-WILSON
HLDGS INC........ COM 489398107 4,228 400,000 SH DEFINED 01,02 SOLE
LEVEL 3
COMMUNICATIONS
INC.............. COM 52729N100 289,010 193,966,419 SH DEFINED 01,02 SOLE
LEVEL 3
COMMUNICATIONS
INC.............. NOTE 52729NBP4 89,625 75,000,000 PRN DEFINED 01,02 SOLE
MBIA INC........... COM 55262C100 218 30,000 SH DEFINED 01,02 SOLE
MERCK & CO.
INC.............. COM 58933Y105 262 8,000 SH DEFINED 01,02 SOLE
MOHAWK INDS
INC.............. COM 608190104 249 5,800 SH DEFINED 01,02 SOLE
MOTOROLA
MOBILITY
HLDGS INC........ COM 620097105 1,417 37,500 SH DEFINED 01,02 SOLE
NAM TAI ELECTRS
INC.............. COM PAR $0.02 629865205 171 35,000 SH DEFINED 01,02 SOLE
NEW YORK
COMMUNITY
BANCORP INC...... COM 649445103 357 30,000 SH DEFINED 01,02 SOLE
NEW YORK TIMES
CO............... CL A 650111107 203 35,000 SH DEFINED 01,02 SOLE
NEWMARKET
CORP............. COM 651587107 379 2,500 SH DEFINED 01,02 SOLE
OLD REPUBLIC
INTL
CORPORATION...... COM 680223104 268 30,000 SH DEFINED 01,02 SOLE
OVERSTOCK.COM
INC.............. COM 690370101 31,346 3,388,774 SH DEFINED 01,02 SOLE
PATTERSON UTI
ENERGY INC....... COM 703481101 260 15,000 SH DEFINED 01,02 SOLE
PFIZER INC......... COM 717081103 4,155 235,000 SH DEFINED 01,02 SOLE
PRIMERO MINING
CORP............. COM 74164W106 600 230,000 SH DEFINED 01,02 SOLE
RESEARCH IN
MOTION LTD....... COM 760975102 239,858 11,798,300 SH DEFINED 01,02 SOLE
RYANAIR HLDGS
PLC.............. SPONSORED ADR 783513104 4,996 194,100 SH DEFINED 01,02 SOLE
SANDRIDGE
ENERGY INC....... COM 80007P307 24,213 4,347,000 SH DEFINED 01,02 SOLE
SLM CORP........... COM 78442P106 311 25,000 SH DEFINED 01,02 SOLE
SUPERMEDIA
INC.............. COM 868447103 563 362,974 SH DEFINED 01,02 SOLE
US BANCORP
DEL.............. COM NEW 902973304 104,713 4,448,310 SH DEFINED 01,02 SOLE
USG Corp........... COM NEW 903293405 45,792 6,794,000 SH DEFINED 01,02 SOLE
WAL-MART
STORES INC....... COM 931142103 11,414 220,000 SH DEFINED 01,02 SOLE
WELLS FARGO &
CO. NEW.......... COM 949746101 108,818 4,511,530 SH DEFINED 01,02 SOLE