Chou Associates
Picture
Moves
Options: 1 move on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
- held
- trimmed+1.19
- held
- held
- held
Positions
| BRK.ABerkshire Hathaway Inc. | 40.24% | 100 | $41M | held | — | 38 q |
| 7AB1Resolute Forest Products | 39.33% | 1,986,460 | $40M | trimmed−36% | +1.19 pp | 38 q |
| BHCBausch Health Companies Inc | 4.88% | 715,000 | $5M | held | — | 17 q |
| JPMJPMorgan Chase & Co. | 2.51% | 24,275 | $3M | held | — | 17 q |
| CCitigroup Inc. | 2.38% | 57,695 | $2M | held | — | 38 q |
| GSGoldman Sachs Group Inc. | 2.06% | 7,100 | $2M | held | — | 38 q |
| MBIMBIA Inc. | 1.82% | 199,530 | $2M | held | — | 38 q |
| BBBlackBerry Limited | 1.46% | 312,900 | $1M | trimmed−18% | −0.53 pp | 37 q |
| NXHNeighborhood Intelligence, Inc. | 0.93% | 38,405 | $935,000 | trimmed−13% | −0.13 pp | 2 q |
| HTZWWHertz Global Holdings | 0.85% | 97,309 | $856,000 | new | +0.85 pp | new |
| WFCWells Fargo & Co. | 0.78% | 19,542 | $786,000 | held | — | 17 q |
| PKXPOSCO Holdings Inc. | 0.76% | 21,000 | $769,000 | held | — | 2 q |
| CYDChina Yuchai International Ltd. | 0.53% | 73,364 | $535,000 | held | — | 38 q |
| MGAMagna International | 0.47% | 10,000 | $474,000 | held | — | 16 q |
| STLAStellantis N.V. | 0.35% | 30,000 | $355,000 | held | — | 7 q |
| RYAAYRyanair Holdings plc | 0.26% | 4,575 | $267,000 | held | — | 28 q |
| GNUSGenius Brands International | 0.20% | 341,303 | $205,000 | held | — | 2 q |
| LBTYALiberty Global Ltd. Class A | 0.19% | 12,000 | $187,000 | held | — | 7 q |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| Resolute Fst Prods Inc CALL | 89.30% | 1,725,000 | $35M |
| Bausch Health Cos Inc CALL | 10.70% | 600,000 | $4M |
Notes