Chou Associates
Picture
Moves
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
- trimmed+13.27
- held
- held
- held
Positions
| 7AB1Resolute Forest Products | 22.18% | 4,596,832 | $51M | trimmed−7% | +13.27 pp | 19 q |
| BRK.ABerkshire Hathaway Inc. | 19.49% | 150 | $45M | held | — | 19 q |
| unresolvedWells Fargo Warrants, 34.01 St | 12.02% | 997,500 | $28M | held | — | 19 q |
| GSGoldman Sachs Group Inc. | 8.34% | 75,000 | $19M | held | — | 19 q |
| SNYSanofi | 7.70% | 410,000 | $18M | held | — | 19 q |
| CCitigroup Inc. | 6.82% | 210,000 | $16M | held | — | 19 q |
| unresolvedJpmorgan Chase & Co | 4.84% | 166,977 | $11M | trimmed−54% | −2.19 pp | 13 q |
| MBIMBIA Inc. | 3.45% | 1,080,797 | $8M | held | — | 19 q |
| BBBlackBerry Limited | 2.58% | 529,040 | $6M | held | — | 18 q |
| SHLDSears Holdings Corp | 1.77% | 1,131,610 | $4M | held | — | 19 q |
| NOKNokia Corporation | 1.73% | 850,000 | $4M | held | — | 19 q |
| ASCMAAscent Capital Group, Inc. Series A | 1.54% | 306,000 | $4M | held | — | 7 q |
| SHOSSears Hometown and Outlet Stores, Inc. | 1.50% | 1,322,209 | $3M | held | — | 14 q |
| unresolvedValeant Pharmaceuticals Intl | 1.35% | 148,992 | $3M | trimmed−95% | −14.21 pp | 8 q |
| SDSandRidge Energy, Inc. | 1.25% | 135,903 | $3M | trimmed−13% | +0.13 pp | 5 q |
| unresolvedBank Of America Corporation | 1.15% | 149,476 | $3M | trimmed−66% | −0.91 pp | 19 q |
| CYDChina Yuchai International Ltd. | 0.77% | 73,364 | $2M | held | — | 19 q |
| PKXPOSCO Holdings Inc. | 0.72% | 21,000 | $2M | held | — | 10 q |
| ENDPQEndo International PLC | 0.27% | 80,000 | $620,000 | trimmed−92% | −2.62 pp | 4 q |
| RYAAYRyanair Holdings plc | 0.21% | 4,575 | $477,000 | trimmed−72% | −0.41 pp | 9 q |
| NXHNeighborhood Intelligence, Inc. | 0.19% | 6,650 | $425,000 | trimmed−98% | −2.84 pp | 19 q |
| TEVATeva Pharmaceutical Industries Limited | 0.12% | 15,000 | $284,000 | trimmed−97% | −3.04 pp | 4 q |
| unresolvedChicago Bridge & Iron Co N V | — | −67,446 | — | exited | −0.40 pp | — |
Other 13(f) securities
Options
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| Atlanticus Holdings Corp | 55.61% | 5,300,000 | $3M |
| Ascent Capital Group Inc | 44.39% | 2,683,000 | $2M |