Published on 21 Jan 2024 on Insider Monkey via Yahoo Finance
Fairfax Financial Holdings Limited (FRFHF) Reported Strong EPS Growth in 2023
Longleaf Partners, managed by Southeastern Asset Management, released its “Partners Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. The Fund had a good year this time. The fund returned 7.99% in the fourth quarter, compared to S&P’s 11.69% return and Russell 1000 Value’s 9.50% return. The fund had 24.49% yearly returns compared to 26.29% and 11.46 % returns for the indexes. In addition, please check the fund’s top five holdings to know its best picks in 2023.
Longleaf Partners Fund featured stocks such as Fairfax Financial Holdings Limited (OTC:FRFHF) in the fourth quarter 2023 investor letter. Headquartered in Toronto, Canada, Fairfax Financial Holdings Limited (OTC:FRFHF) provides property and casualty insurance, and reinsurance, and investment management. On January 23, 2024, Fairfax Financial Holdings Limited (OTC:FRFHF) stock closed at $993.00 per share. One-month return of Fairfax Financial Holdings Limited (OTC:FRFHF) was 8.52%, and its shares gained 55.16% of their value over the last 52 weeks. Fairfax Financial Holdings Limited (OTC:FRFHF) has a market capitalization of $24.483 billion.
Longleaf Partners Fund stated the following regarding Fairfax Financial Holdings Limited (OTC:FRFHF) in its fourth quarter 2023 investor letter: