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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: March 31, 2012
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
Phone: 416-367-4941
Signature, Place, and Date of Signing:
/s/ Paul Rivett Toronto, ON May 14, 2012
_______________________
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).)
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 43
Form 13F Information Table Value Total: $2,216,912
(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
MARCH 31, 2012
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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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
-------------- -------------- --------- -------- ---------- --- ---- ---------- -------- ---- ------ ----
ABITIBIBOWATER INC COM NEW 003687209 250,332 17,505,751 SH DEFINED 01,02 SOLE
BCE INC. COM NEW 05534B760 10,722 268,300 SH DEFINED 01,02 SOLE
BALDWIN & LYONS INC CL B 057755209 21,706 969,875 SH DEFINED 01,02 SOLE
BERKSHIRE HATHAWAY
INC. CL A 084670108 731 6 SH DEFINED 01,02 SOLE
BERKSHIRE HATHAWAY
INC. CL B NEW 084670702 852 10,500 SH DEFINED 01,02 SOLE
BRISTOL MYERS
SQUIBB CO COM 110122108 338 10,000 SH DEFINED 01,02 SOLE
BROWN & BROWN INC COM 115236101 285 12,000 SH DEFINED 01,02 SOLE
CFS BANCORP INC. COM 12525D102 55 10,000 SH DEFINED 01,02 SOLE
CITIGROUP INC COM NEW 172967424 731 20,000 SH DEFINED 01,02 SOLE
CNINSURE INC SPONSORED ADR 18976M103 281 45,000 SH DEFINED 01,02 SOLE
CRESUD S A C I F Y A SPONSORED ADR 226406106 10,283 836,008 SH DEFINED 01,02 SOLE
DELL INC COM 24702R101 148,922 8,976,589 SH DEFINED 01,02 SOLE
EXCO RESOURCES INC COM 269279402 4,356 659,000 SH DEFINED 01,02 SOLE
FRONTIER
COMMUNICATIONS
CORP COM 35906A108 77,459 18,620,000 SH DEFINED 01,02 SOLE
HOLOGIC INC COM 436440101 431 20,000 SH DEFINED 01,02 SOLE
INTEL CORP SDCV 458140AD2 13,225 11,500,000 PRN DEFINED 01,02 SOLE
JOHNSON & JOHNSON COM 478160104 392,343 5,947,300 SH DEFINED 01,02 SOLE
KENNEDY-WILSON
HLDGS INC COM 489398107 5,388 400,000 SH DEFINED 01,02 SOLE
LEVEL 3
COMMUNICATIONS INC COM NEW 52729N308 332,588 12,931,094 SH DEFINED 01,02 SOLE
LEVEL 3
COMMUNICATIONS INC NOTE 52729NBP4 97,875 75,000,000 PRN DEFINED 01,02 SOLE
MBIA INC COM 55262C100 294 30,000 SH DEFINED 01,02 SOLE
MERCK & CO. INC. COM 58933Y105 307 8,000 SH DEFINED 01,02 SOLE
MOHAWK INDS INC COM 608190104 386 5,800 SH DEFINED 01,02 SOLE
MOTOROLA MOBILITY
HLDGS INC COM 620097105 588 15,000 SH DEFINED 01,02 SOLE
NAM TAI ELECTRS INC COM PAR $0.02 629865205 209 35,000 SH DEFINED 01,02 SOLE
NEW YORK COMMUNITY
BANCORP INC COM 649445103 417 30,000 SH DEFINED 01,02 SOLE
NEW YORK TIMES CO CL A 650111107 238 35,000 SH DEFINED 01,02 SOLE
NEWMARKET CORP COM 651587107 375 2,000 SH DEFINED 01,02 SOLE
NOVADAQ
TECHNOLOGIES INC COM 66987G102 12,607 2,000,000 SH DEFINED 01,02 SOLE
OLD REPUBLIC INTL
CORPORATION COM 680223104 369 35,000 SH DEFINED 01,02 SOLE
OVERSTOCK.COM INC COM 690370101 17,757 3,388,774 SH DEFINED 01,02 SOLE
PATTERSON UTI
ENERGY INC COM 703481101 259 15,000 SH DEFINED 01,02 SOLE
PFIZER INC COM 717081103 5,320 235,000 SH DEFINED 01,02 SOLE
PRIMERO MINING CORP COM 74164W106 601 230,000 SH DEFINED 01,02 SOLE
RESEARCH IN MOTION
LTD COM 760975102 394,116 26,848,500 SH DEFINED 01,02 SOLE
RYANAIR HLDGS PLC SPONSORED ADR 783513104 6,886 189,900 SH DEFINED 01,02 SOLE
SLM CORP COM 78442P106 394 25,000 SH DEFINED 01,02 SOLE
SANDRIDGE ENERGY INC COM 80007P307 34,080 4,347,000 SH DEFINED 01,02 SOLE
SUPERMEDIA INC COM 868447103 857 362,974 SH DEFINED 01,02 SOLE
US BANCORP DEL COM NEW 902973304 140,789 4,448,310 SH DEFINED 01,02 SOLE
USG Corp COM NEW 903293405 116,857 6,794,000 SH DEFINED 01,02 SOLE
WAL-MART STORES INC COM 931142103 13,453 220,000 SH DEFINED 01,02 SOLE
WELLS FARGO & CO.
NEW COM 949746101 100,852 2,956,660 SH DEFINED 01,02 SOLE