UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Quarter Ended: June 30, 2007 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: 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: V. Prem Watsa Title: Chairman and Chief Executive Officer Phone: 416-367-4941 Signature, Place, and Date of Signing: /s/ V. Prem Watsa ______________________ Toronto, ON August 9, 2007 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: 27 Form 13F Information Table Value Total: $3,291,073 (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 * Hamblin Watsa Investment Counsel Ltd. 02 * V. Prem Watsa * File number not assigned FAIRFAX FINANCIAL HOLDINGS LIMITED FORM 13F INFORMATION TABLE JUNE 30, 2007 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 -------------- -------------- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- ABBOTT LABS COM 002824100 55,960 1,045,000 SH DEFINED 01,02 SOLE AMERICAN NATL INS CO COM 028591105 229 1,500 SH DEFINED 01,02 SOLE BALDWIN & LYONS INC CL B 057755209 25,197 969,875 SH DEFINED 01,02 SOLE BERKSHIRE HATHAWAY INC DEL CL A 084670108 438 4 SH DEFINED 01,02 SOLE BERKSHIRE HATHAWAY INC DEL CL B 084670207 361 100 SH DEFINED 01,02 SOLE CFS BANCORP INC COM 12525D102 145 10,000 SH DEFINED 01,02 SOLE CITIZENS COMMUNICATIONS CO COM 17453B101 152,700 10,000,000 SH DEFINED 01,02 SOLE DELL INC COM 24702R101 243,357 8,523,900 SH DEFINED 01,02 SOLE DOW JONES & CO INC COM 260561105 57,450 1,000,000 SH DEFINED 01,02 SOLE EASTMAN CHEM CO COM 277432100 3,217 50,000 SH DEFINED 01,02 SOLE FIRST PL FINL CORP COM 33610T109 211 10,000 SH DEFINED 01,02 SOLE IDT CORP COM 448947101 151 15,000 SH DEFINED 01,02 SOLE INTERNATIONAL COAL GRP INC N COM 45928H106 40,085 6,703,200 SH DEFINED 01,02 SOLE JOHNSON & JOHNSON COM 478160104 215,929 3,504,200 SH DEFINED 01,02 SOLE MARSH & MCLENNAN COS INC COM 571748102 100,555 3,256,300 SH DEFINED 01,02 SOLE NYMAGIC INC COM 629484106 281 7,000 SH DEFINED 01,02 SOLE NEW YORK CMNTY BANCORP INC COM 649445103 340 20,000 SH DEFINED 01,02 SOLE OLD REP INTL CORP COM 680223104 239 11,250 SH DEFINED 01,02 SOLE OVERSTOCK COM INC DEL COM 690370101 61,913 3,388,774 SH DEFINED 01,02 SOLE PFIZER INC COM 717081103 423,595 16,566,100 SH DEFINED 01,02 SOLE STEWART ENTERPRISES INC CL A 860370105 24,859 3,191,146 SH DEFINED 01,02 SOLE TELECOM CORP NEW ZEALAND LTD SPONSORED ADR 879278208 21,298 762,840 SH DEFINED 01,02 SOLE U S G CORP COM NEW 903293405 245 5,000 SH DEFINED 01,02 SOLE WAL MART STORES INC COM 931142103 10,907 226,700 SH DEFINED 01,02 SOLE ODYSSEY RE HLDGS CORP COM 67612W108 1,818,510 42,399,400 SH DEFINED 01,02 SOLE OVERSTOCK COM INC DEL NOTE 3.750% 12/0 690370AB7 30,420 36,873,000 PRN DEFINED 01,02 SOLE PIER 1 IMPORTS INC NOTE 6.375% 2/1 720279AH1 2,481 2,500,000 PRN DEFINED 01,02 SOLE