Prem Watsa's Fairfax Financial Holdings increased its Orla Mining Ltd (ORLA) position by 84% in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026. The stake went from 31.8M to 58.4M shares, worth about $568.5M, and from 25.82% to 21.55% of the reported portfolio.
What did the 2026 Q2 filing report for ORLA?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Before | After | |
|---|---|---|
| Shares | 31.8M | 58.4M |
| Shares added | +26.6M (84%) | |
| Reported value | $501.6M | $568.5M |
| Portfolio weight | 25.82% | 21.55% |
| Rank in portfolio | 1st of 31 |
How much did Prem Watsa add to ORLA?
Prem Watsa added 26.6M shares of ORLA during 2026 Q2, taking the stake from 31.8M to 58.4M. The reported value of the position rose by about $66.9M, from about $501.6M to about $568.5M.
Where does ORLA sit in the Prem Watsa portfolio?
ORLA is the largest of 31 stock positions in the Prem Watsa portfolio at 21.55%, above the fund's average stock position of 3%. Next come EGO at 16.18% and UAA at 16.16%. The three largest stocks together are 53.89% of the book. The ORLA addition was the 2nd largest of the quarter's 18 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Prem Watsa reported 31 stock positions, with 6 opened and 3 closed. The total portfolio value is about $2.6B, up 36% from the prior quarter.
How long has Prem Watsa held ORLA?
Prem Watsa first reported ORLA in the quarter ended September 30, 2022. The weight peaked at 29.9% in 2025 Q2. The share count had been unchanged the quarter before. Every reported trade is on the Prem Watsa ORLA trade history page.
FAQ
How many ORLA shares did Prem Watsa buy in 2026 Q2?
Prem Watsa added 26.6M shares of ORLA, a 84% increase, to 58.4M shares.
What is the ORLA position of Prem Watsa worth now?
The ORLA position of Prem Watsa is worth about $568.5M at June 30, 2026 prices, 21.55% of the portfolio.
Is ORLA a top holding of Prem Watsa?
Yes. ORLA is the largest stock position in the Prem Watsa portfolio, at 21.55%.