13F filing recap · Q4 2011

What did Fairfax Financial Holdings buy in Q4 2011?

Reported stock-position changes between this filing and the previous one.

Stock value

$1.74B

Positions

Estimated turnover

41.9%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

LVLTLevel 3 Communications Inc$219.44Mreported value+12.93M shares VRUSPharmasset Inc$1.90Mreported value+14.8K shares

Increased positions

JNJJohnson & Johnson$389.85Mreported value+763.0K shares+14.7%RIMMResearch in Motion Ltd (now Blackberry Limited)$185.48Mreported value+1.00M shares+8.5%CCitigroup Inc$526.0Kreported value+5.0K shares+33.3%ORIOld Republic International Corp$324.0Kreported value+5.0K shares

Reduced positions

DELLDell Technologies Inc.$133.81Mreported value-13.54M shares-59.7%MMIMotorola Mobility Holdings Inc$931.0Kreported value-13.5K shares-36.0%NEUNewmarket Corporation$395.0Kreported value-500 shares-20.0%

Exited positions

LVLTLevel 3 Communications Inc$289.01Mprior reported value-193.97M shares-100.0%CNUContinucare Corporation$389.0Kprior reported value-61.1K shares-100.0%FPFCFirst Place Financial Corp/oh$9.0Kprior reported value-10.0K shares-100.0%