Published on 11 Apr 2024 on Insider Monkey via Yahoo Finance
What Drives Fairfax Financial Holdings Ltd (FRFHF) to Sustainable Success?
Alphyn Capital Management, an investment management firm, released its first-quarter 2024 investor letter. A copy of the letter can be downloaded here. The Master Account of the fund returned 7.1% net in the first quarter compared to 10.6% for the S&P500 Index. As of March 31, 2024, the top ten holdings accounted for approximately 66% of the portfolio, and approximately 8.2% of the portfolio was held in cash. In addition, please check the fund’s top five holdings to know its best picks in 2024.
Alphyn Capital Management featured stocks like Fairfax Financial Holdings Limited (OTC:FRFHF) in the first quarter 2024 investor letter. Headquartered in Toronto, Canada, Fairfax Financial Holdings Limited (OTC:FRFHF) provides property and casualty insurance and reinsurance, and investment management services. On April 10, 2024, Fairfax Financial Holdings Limited (OTC:FRFHF) stock closed at $1,100.97 per share. One-month return of Fairfax Financial Holdings Limited (OTC:FRFHF) was -1.47%, and its shares gained 67.18% of their value over the last 52 weeks. Fairfax Financial Holdings Limited (OTC:FRFHF) has a market capitalization of $26.207 billion.
Alphyn Capital Management stated the following regarding Fairfax Financial Holdings Limited (OTC:FRFHF) in its first quarter 2024 investor letter: