UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Quarter Ended: December 31, 2007
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 5, 2008
---------------
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: 28
Form 13F Information Table Value Total: $3,033,662
(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, 2007
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
-------------- ---------------- --------- --------- ------------------- ---------- -------- ----------------
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- ---------------- --------- --------- ---------- --- ---- ---------- -------- ---- ------ ----
ABBOTT LABS COM 002824100 2,527 45,000 SH DEFINED 01,02 SOLE
ASTRAZENECA PLC SPONSORED ADR 046353108 544 12,700 SH DEFINED 01,02 SOLE
BALDWIN & LYONS INC CL B 057755209 26,633 969,875 SH DEFINED 01,02 SOLE
BERKSHIRE HATHAWAY INC DEL CL A 084670108 566 4 SH DEFINED 01,02 SOLE
CFS BANCORP INC COM 12525D102 146 10,000 SH DEFINED 01,02 SOLE
CITIZENS COMMUNICATIONS CO COM 17453B101 127,300 10,000,000 SH DEFINED 01,02 SOLE
DELL INC COM 24702R101 245,686 10,023,900 SH DEFINED 01,02 SOLE
FIRST PL FINL CORP COM 33610T109 140 10,000 SH DEFINED 01,02 SOLE
IDT CORP COM 448947101 119 15,000 SH DEFINED 01,02 SOLE
INTERNATIONAL COAL GRP INC N COM 45928H106 112,855 21,055,000 SH DEFINED 01,02 SOLE
JOHNSON & JOHNSON COM 478160104 289,165 4,335,300 SH DEFINED 01,02 SOLE
KING PHARMACEUTICALS INC COM 495582108 102,416 10,001,600 SH DEFINED 01,02 SOLE
LEVEL 3 COMMUNICATIONS INC COM 52729N100 66,880 22,000,000 SH DEFINED 01,02 SOLE
NEW YORK CMNTY BANCORP INC COM 649445103 352 20,000 SH DEFINED 01,02 SOLE
NEWMARKET CORP COM 651587107 223 4,000 SH DEFINED 01,02 SOLE
OFFICE DEPOT INC COM 676220106 303 21,800 SH DEFINED 01,02 SOLE
OLD REP INTL CORP COM 680223104 173 11,250 SH DEFINED 01,02 SOLE
OVERSTOCK COM INC DEL COM 690370101 52,628 3,388,774 SH DEFINED 01,02 SOLE
PFIZER INC COM 717081103 376,547 16,566,100 SH DEFINED 01,02 SOLE
STEWART ENTERPRISES INC CL A 860370105 28,401 3,191,146 SH DEFINED 01,02 SOLE
US BANCORP DEL COM NEW 902973304 216 6,800 SH DEFINED 01,02 SOLE
U S G CORP COM NEW 903293405 340 9,500 SH DEFINED 01,02 SOLE
WAL MART STORES INC COM 931142103 10,775 226,700 SH DEFINED 01,02 SOLE
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 947 18,800 SH DEFINED 01,02 SOLE
SANOFI AVENTIS SPONSORED ADR 80105N105 520 11,400 SH DEFINED 01,02 SOLE
ODYSSEY RE HLDGS CORP COM 67612W108 1,556,482 42,399,400 SH DEFINED 01,02 SOLE
OVERSTOCK COM INC DEL NOTE 3.750% 12/0 690370AB7 28,715 36,873,000 PRN DEFINED 01,02 SOLE
PIER 1 IMPORTS INC NOTE 6.375% 2/1 720279AH1 2,063 2,500,000 PRN DEFINED 01,02 SOLE