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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: September 30, 2008
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 November 7, 2008
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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: 36
Form 13F Information Table Value Total: $3,786,810
(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
September 30, 2008
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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VOTING AUTHORITY
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ----------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- -------------- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
ABBOTT LABS COM 002824100 2,591 45,000 SH DEFINED 01,02 SOLE
ASTRAZENECA PLC SPONSORED ADR 046353108 557 12,700 SH DEFINED 01,02 SOLE
BALDWIN & LYONS INC CL B 057755209 23,267 969,875 SH DEFINED 01,02 SOLE
BERKSHIRE HATHAWAY INC DEL CL A 084670108 522 4 SH DEFINED 01,02 SOLE
BRISTOL MYERS SQUIBB CO COM 110122108 209 10,000 SH DEFINED 01,02 SOLE
BROWN & BROWN INC COM 115236101 259 12,000 SH DEFINED 01,02 SOLE
CFS BANCORP INC COM 12525D102 90 10,000 SH DEFINED 01,02 SOLE
CRESUD S A C I F Y A SPONSORED ADR 226406106 16,485 1,573,032 SH DEFINED 01,02 SOLE
DELL INC COM 24702R101 270,173 16,423,900 SH DEFINED 01,02 SOLE
FIRST PL FINL CORP COM 33610T109 133 10,000 SH DEFINED 01,02 SOLE
FRONTIER COMMUNICATIONS CORP COM 35906A108 213,571 18,620,000 SH DEFINED 01,02 SOLE
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 817 18,800 SH DEFINED 01,02 SOLE
IDT CORP COM 448947101 8 15,000 SH DEFINED 01,02 SOLE
INTERNATIONAL COAL GRP INC N COM 45928H106 129,699 21,055,000 SH DEFINED 01,02 SOLE
JOHNSON & JOHNSON COM 478160104 410,129 5,935,300 SH DEFINED 01,02 SOLE
KING PHARMACEUTICALS INC COM 495582108 96,329 10,118,600 SH DEFINED 01,02 SOLE
LEVEL 3 COMMUNICATIONS INC COM 52729N100 313,923 116,700,000 SH DEFINED 01,02 SOLE
MOHAWK INDS INC COM 608190104 202 3,000 SH DEFINED 01,02 SOLE
NAM TAI ELECTRS INC COM PAR $0.02 629865205 204 25,000 SH DEFINED 01,02 SOLE
NEW YORK CMNTY BANCORP INC COM 649445103 335 20,000 SH DEFINED 01,02 SOLE
NEWMARKET CORP COM 651587107 210 4,000 SH DEFINED 01,02 SOLE
ODYSSEY RE HLDGS CORP COM 67612W108 1,821,478 42,399,400 SH DEFINED 01,02 SOLE
OFFICE DEPOT INC COM 676220106 162 27,800 SH DEFINED 01,02 SOLE
OLD REP INTL CORP COM 680223104 253 20,000 SH DEFINED 01,02 SOLE
OVERSTOCK COM INC DEL COM 690370101 67,233 3,388,774 SH DEFINED 01,02 SOLE
OVERSTOCK COM INC DEL NOTE 3.750% 12/0 690370AB7 25,258 36,873,000 PRN DEFINED 01,02 SOLE
PFIZER INC COM 717081103 327,068 17,833,600 SH DEFINED 01,02 SOLE
PIER 1 IMPORTS INC NOTE 6.375% 2/1 720279AH1 1,825 2,500,000 PRN DEFINED 01,02 SOLE
RYANAIR HLDGS PLC SPONSORED ADR 783513104 3,455 154,100 SH DEFINED 01,02 SOLE
SANDRIDGE ENERGY INC COM 80007P307 5,443 280,000 SH DEFINED 01,02 SOLE
SANOFI AVENTIS SPONSORED ADR 80105N105 375 11,400 SH DEFINED 01,02 SOLE
STEWART ENTERPRISES INC CL A 860370105 32,089 4,082,546 SH DEFINED 01,02 SOLE
US BANCORP DEL COM NEW 902973304 316 8,800 SH DEFINED 01,02 SOLE
U S G CORP COM NEW 903293405 430 16,800 SH DEFINED 01,02 SOLE
WAL MART STORES INC COM 931142103 13,541 226,700 SH DEFINED 01,02 SOLE
ZENITH NATL INS CORP COM 989390109 8,171 223,000 SH DEFINED 01,02 SOLE