UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: December 31, 2009
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 February 11, 2010
----------------------------------
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: 42
Form 13F Information Table Value Total: $3,922,627
(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
DECEMBER 31, 2009
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
-------------- ------------------- --------- --------- ----------- --- ---- ---------- -------- ---- ------ ----
BALDWIN & LYONS INC CL B CL B 057755209 23,869 969,875 SH DEFINED 01,02 SOLE
BCE INC. COM NEW 05534B760 7,406 268,300 SH DEFINED 01,02 SOLE
BERKSHIRE HATHAWAY INC. CL A 084670108 396 4 SH DEFINED 01,02 SOLE
BERKSHIRE HATHAWAY INC. CL B 084670207 394 120 SH DEFINED 01,02 SOLE
BRISTOL-MYERS SQB COM 110122108 252 10,000 SH DEFINED 01,02 SOLE
BROWN & BROWN INC COM 115236101 216 12,000 SH DEFINED 01,02 SOLE
BURLINGTON NORTHN SANTA FE CP COM 12189T104 394 4,000 SH DEFINED 01,02 SOLE
CFS BANCORP INC. COM 12525D102 31 10,000 SH DEFINED 01,02 SOLE
CRESUD S A C I F Y A SPONSORED ADR 226406106 29,757 2,082,341 SH DEFINED 01,02 SOLE
DELL INC COM 24702R101 498,508 34,763,489 SH DEFINED 01,02 SOLE
FIRST PLACE FINANCIAL/OHIO COM 33610T109 27 10,000 SH DEFINED 01,02 SOLE
FRONTIER COMMUNICATIONS CORP COM 35906A108 145,050 18,620,000 SH DEFINED 01,02 SOLE
GENERAL ELECTRIC CO COM 369604103 402,424 26,597,770 SH DEFINED 01,02 SOLE
GENERAL ELECTRIC CO COM 369604103 4,430 2,620,000 SH CALL DEFINED 01,02 SOLE
INTERNATIONAL COAL GRP INC NEW COM 45928H106 173,849 45,155,588 SH DEFINED 01,02 SOLE
JOHNSON & JOHNSON COM 478160104 442,867 6,884,300 SH DEFINED 01,02 SOLE
KRAFT FOODS INC CL A 50075N104 270,338 9,949,871 SH DEFINED 01,02 SOLE
LEUCADIA NATL CORP COM 527288104 9,559 401,800 SH DEFINED 01,02 SOLE
LEVEL 3 COMMUNICATIONS INC NOTE 7.000% 3/1 52729NBP4 84,938 75,000,000 PRN DEFINED 01,02 SOLE
LEVEL 3 COMMUNICATIONS INC NOTE 15.000% 1/1 52729NBM1 123,076 100,062,000 PRN DEFINED 01,02 SOLE
LEVEL 3 COMMUNICATIONS INC COM 52729N100 210,307 139,276,421 SH DEFINED 01,02 SOLE
MAGNA INTL INC CL A 559222401 242,732 4,798,976 SH DEFINED 01,02 SOLE
MERCK & CO. INC. COM 58933Y105 292 8,000 SH DEFINED 01,02 SOLE
MOHAWK INDS INC COM 608190104 276 5,800 SH DEFINED 01,02 SOLE
NAM TAI ELECTRS INC COM PAR $0.02 629865205 130 25,000 SH DEFINED 01,02 SOLE
NEW YORK COMMUNITY BANCORP INC COM 649445103 363 25,000 SH DEFINED 01,02 SOLE
NEWMARKET CORP COM 651587107 458 4,000 SH DEFINED 01,02 SOLE
OLD REPUBLIC INTL CORPORATION COM 680223104 201 20,000 SH DEFINED 01,02 SOLE
OVERSTOCK.COM INC COM 690370101 45,850 3,388,774 SH DEFINED 01,02 SOLE
OVERSTOCK.COM INC NOTE 3.750%12/01/09 690370AB7 32,448 36,873,000 PRN DEFINED 01,02 SOLE
PFIZER INC COM 717081103 4,389 241,300 SH DEFINED 01,02 SOLE
PIER 1 IMPORTS INC NOTE 6.375% 2/15/11 720279AH1 2,363 2,500,000 PRN DEFINED 01,02 SOLE
RYANAIR HLDGS PLC SPONSORED ADR 783513104 5,198 194,100 SH DEFINED 01,02 SOLE
SANDRIDGE ENERGY INC COM 80007P307 61,546 6,526,600 SH DEFINED 01,02 SOLE
STEWART ENTERPRISES INC CL A 860370105 20,984 4,082,546 SH DEFINED 01,02 SOLE
SUN MICRO SYSTEMS INC COM NEW 866810203 936 100,000 SH DEFINED 01,02 SOLE
US BANCORP DEL COM NEW 902973304 356,474 15,857,400 SH DEFINED 01,02 SOLE
USG Corp COM NEW 903293405 102,580 7,311,500 SH DEFINED 01,02 SOLE
WAL-MART STORES INC COM 931142103 11,755 220,000 SH DEFINED 01,02 SOLE
WELLS FARGO & CO. NEW COM 949746101 539,977 20,043,700 SH DEFINED 01,02 SOLE
WESCO FINANCIAL CORP COM 950817106 377 1,100 SH DEFINED 01,02 SOLE
ZENITH NATL INS CORP COM 989390109 65,207 2,191,100 SH DEFINED 01,02 SOLE