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Chou Associates

Q1 2024 13F · by Francis Chou, portfolio manager

As of
Mar 31, 2024
Filed
May 14, 2024
US stock
$89M · prev $76M
Positions
18 · prev 16
Options notional
$0
Documents
1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

  • US stock listed on a US exchange 100.0%
  • Foreign stock not listed in the US 0.0%
  • Notes debt, at principal 0.0%
  • Puts at notional value 0.0%
  • Calls at notional value 0.0%

Moves2 since the prior filing

The book

Very concentrated · behaves like 3 equal-sized positions

  1. Very concentrated
  2. Concentrated
  3. Focused
  4. Diversified

Low turnover · 0.0% a year

  1. Low
  2. Moderate
  3. High

Top 5 positions84% of US stock

  1. BRK.A Berkshire Hathaway Inc. held held58.2%
  2. BHC Bausch Health Companies Inc held held8.7%
  3. ALLY Ally Financial Inc. held held7.3%
  4. SYF Synchrony Financial held held5.9%
  5. C Citigroup Inc. held held4.2%

Positions18 in this filing · 0 exited

BRK.ABerkshire Hathaway Inc.58.22%80$52Mheld—44 q
BHCBausch Health Companies Inc8.70%715,000$8Mheld—23 q
ALLYAlly Financial Inc.7.25%155,686$6Mheld—6 q
SYFSynchrony Financial5.94%120,000$5Mheld—6 q
CCitigroup Inc.4.19%57,695$4Mheld—44 q
HTZWWHertz Global Holdings3.78%741,583$3Mheld—7 q
NAVINavient Corporation3.66%183,338$3Mheld—5 q
LBTYALiberty Global Ltd. Class A1.88%96,823$2Mheld—13 q
WFCWells Fargo & Co.1.30%19,542$1Mheld—23 q
BBBlackBerry Limited0.98%312,900$876,088held—43 q
STLAStellantis N.V.0.97%30,000$867,902held—13 q
CYDChina Yuchai International Ltd.0.72%73,364$639,728held—44 q
MGAMagna International0.62%10,000$556,929held—22 q
LM0CLiberty Media Corp-liber-new0.51%15,032$456,544new+0.51 ppnew
IMOImperial Oil Limited0.40%5,000$352,553new+0.40 ppnew
RYAAYRyanair Holdings plc0.40%2,375$353,475held—34 q
BABAAlibaba Group Holding Limited0.28%3,400$251,501held—4 q
MEOHMethanex Corp0.20%4,000$182,242held—6 q

Source

Form
13F-HR
Reading
0 defects · 0 unresolved
Options
none in this filing
Notes
none in this filing
SEC cross-check
SEC data set not published yet