Prem Watsa acquired 30.5 Million Resolute Forest Products shares worth $623 Million. That's 20.57% of their entire equity portfolio (2nd largest holding). The investor owns 40.08% of the outstanding Resolute Forest Products stock. The first Resolute Forest Products trade was made in Q2 2012. Since then Prem Watsa bought shares eleven more times and sold shares on two occasions. The stake costed the investor $370 Million, netting the investor a gain of 68% so far.