Fairfax Financial Holdings Limited (TSE:FFH) released their 13F filing today, showing the positions which the fund has changed within the last quarter. Surprisingly enough, the fund has increased its shares in Research In Motion Limited (NASDAQ:RIMM) (TSE:RIM), the manufacturer of the Blackberry PDA devices. They are now the largest shareholder in th company, and their shares in RIM total more than 10% of their overall portfolio.
Here are their top 5 holdings as of 6/30/2012.
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Johnson & Johnson (NYSE:JNJ), which occupies 21.05% of their portfolio, is their first in rank by percentage.
Level 3 Communications, Inc. (NYSE:LVLT) is number 2, weighing in at 15% of the protfolio.
Resolute Forest Products Inc (NYSE:RFP) is number 3, with 11.2%.
Research In Motion Limited (NASDAQ:RIMM) occupies 10.39%.
U.S. Bancorp (NYSE:USB) holds 7.49%
The top new positions for Fairfax include the following:
Resolute Forest Products Inc. (NYSE:RFP) at 11.2%
IntegraMed America, Incorporation (NASDAQ:INMD) at .02%
JAKKS Pacific, Inc. (NASDAQ:JAKK) at .01%
Provident New York Bancorp (NYSE:PBNY) at .01%
Taiwan Fund Inc. (The) (NYSE:TWN) at .01%
As with many funds, there were also exits from counters this quarter, and the top ones are:
AbitibiBowater Inc Bankrupt 2010 previously 11.28% of the portfolio
Primero Mining Corp (NYSE:PPP) at .03%
Motorola Mobility Holdings Inc (NYSE:MMI) at .03%.
While the exact amounts are not released to the public in the 13F filings, Fairfax continues to hold strong positions for its customers. The leadership is confident of a successful year in 2012, and even though the market is slow, carefully placed investments should yield decent returns.