Chou Associates
Picture
Moves
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
Revealed late, restated
Positions
| 7AB1Resolute Forest Products | 18.31% | 4,117,259 | $72M | held | — | 6 q |
| BRK.ABerkshire Hathaway Inc. | 17.64% | 300 | $70M | held | — | 6 q |
| NOKNokia Corporation | 12.02% | 5,000,000 | $47M | held | — | 6 q |
| SNYSanofi | 6.58% | 410,000 | $26M | held | — | 6 q |
| JPMJPMorgan Chase & Co. | 6.44% | 1,126,347 | $25M | held | — | 2 q |
| CCitigroup Inc. | 6.04% | 410,000 | $24M | held | — | 6 q |
| SHLDSears Holdings Corp | 5.76% | 803,526 | $23M | held | — | 6 q |
| unresolvedWells Fargo Warrants, 34.01 St | 5.71% | 997,500 | $23M | held | — | 6 q |
| SHOSSears Hometown and Outlet Stores, Inc. | 3.92% | 890,170 | $15M | new | +3.92 pp | new |
| GSGoldman Sachs Group Inc. | 3.91% | 75,000 | $15M | held | — | 6 q |
| MBIMBIA Inc. | 2.82% | 1,080,797 | $11M | held | — | 6 q |
| NXHNeighborhood Intelligence, Inc. | 2.79% | 582,271 | $11M | held | — | 6 q |
| unresolvedBank Of America Corporation | 1.78% | 836,825 | $7M | held | — | 6 q |
| LELands' End, Inc. | 1.77% | 151,696 | $7M | trimmed−37% | −0.61 pp | 2 q |
| BBBlackBerry Limited | 1.33% | 529,040 | $5M | held | — | 5 q |
| CHTChunghwa Telecom Co., Ltd | 1.13% | 132,088 | $4M | held | — | 6 q |
| Ascent Capital Group Incconvertible | 0.69% | 2,683,000 | $3M | new | +0.69 pp | new |
| AZNNAstrazeneca Plc-spons ADR | 0.43% | 13,000 | $2M | held | — | 4 q |
| unresolvedRyanair Holdings PLC ADR | 0.27% | 17,000 | $1M | held | — | 6 q |
| unresolvedGlaxosmithkline PLC | 0.19% | 18,000 | $750,000 | held | — | 4 q |
| CYDChina Yuchai International Ltd. | 0.13% | 25,537 | $531,000 | held | — | 6 q |
| BPBP p.l.c. | 0.12% | 10,000 | $493,000 | held | — | 6 q |
| UTSIUTStarcom Holdings Corp (Cayman Islands) | 0.10% | 113,627 | $390,000 | held | — | 5 q |
| VODVodafone Group PLC | 0.05% | 5,454 | $201,000 | held | — | 3 q |
| VZVerizon Communications | 0.04% | 2,630 | $147,000 | held | — | 3 q |












