Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Mar 4, 2020

Total Value ($000): $173,685 (98.9% shares, 1.1% debt)

Holdings (20)

BRK/A BERKSHIRE HATHAWAY INC DEL 29.3%

Value ($000) $50,939 Shares 150 Est. Cost $165023.42 Unrealized +97.4%

BHC BAUSCH HEALTH COS INC 27.9%

Value ($000) $48,440 Shares 1,618,992 Est. Cost $22.90 Unrealized +13.5%

— RESOLUTE FST PRODS INC 11.1%

Value ($000) $19,202 Shares 4,571,960 Est. Cost $12.15 Unrealized —

WFC WELLS FARGO CO NEW 6.5%

Value ($000) $11,273 Shares 209,542 Est. Cost $46.51 Unrealized -3.9%

DVA DAVITA INC 4.4%

Value ($000) $7,559 Shares 100,743 Est. Cost $66.81 Unrealized -0.7%

JPM JPMORGAN CHASE & CO 3.6%

Value ($000) $6,172 Shares 44,275 Est. Cost $92.63 Unrealized +17.3%

MBI MBIA INC 3.5%

Value ($000) $6,069 Shares 652,531 Est. Cost $5.48 Unrealized -24.3%

C CITIGROUP INC 3.1%

Value ($000) $5,408 Shares 67,695 Est. Cost $35.76 Unrealized +65.7%

GS GOLDMAN SACHS GROUP INC 2.6%

Value ($000) $4,599 Shares 20,000 Est. Cost $120.06 Unrealized +56.2%

BB BLACKBERRY LTD 2.0%

Value ($000) $3,402 Shares 529,040 Est. Cost $7.99 Unrealized -31.3%

— SPIRIT AIRLS INC 1.2%

Value ($000) $2,016 Shares 50,000 Est. Cost $36.36 Unrealized —

— COMPUCREDIT HLDGS CORP 1.1%

Value ($000) $1,872 Shares 3,075,000 Est. Cost $0.44 Unrealized —

MGA MAGNA INTL INC 0.6%

Value ($000) $1,097 Shares 20,000 Est. Cost $38.61 Unrealized +15.3%

PKX POSCO 0.6%

Value ($000) $1,063 Shares 21,000 Est. Cost $35.05 Unrealized —

SNY SANOFI 0.6%

Value ($000) $1,004 Shares 20,000 Est. Cost $51.51 Unrealized —

BAC BANK AMER CORP 0.6%

Value ($000) $999 Shares 28,376 Est. Cost $25.47 Unrealized +9.1%

CYD CHINA YUCHAI INTL LTD 0.6%

Value ($000) $978 Shares 73,364 Est. Cost $8.06 Unrealized +25.8%

ALGT ALLEGIANT TRAVEL CO 0.4%

Value ($000) $751 Shares 4,317 Est. Cost $143.59 Unrealized +10.6%

— FIAT CHRYSLER AUTOMOBILES N 0.3%

Value ($000) $441 Shares 30,000 Est. Cost $14.47 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.2%

Value ($000) $401 Shares 4,575 Est. Cost $86.46 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	BERKSHIRE HATHAWAY INC DEL	150	$50,939	29.3%	$165023.42	+97.4%	CL A	084670108
BHC	BAUSCH HEALTH COS INC	1,618,992	$48,440	27.9%	$22.90	+13.5%	COM	071734107
—	RESOLUTE FST PRODS INC	4,571,960	$19,202	11.1%	$12.15	—	COM	76117W109
WFC	WELLS FARGO CO NEW	209,542	$11,273	6.5%	$46.51	-3.9%	COM	949746101
DVA	DAVITA INC	100,743	$7,559	4.4%	$66.81	-0.7%	COM	23918K108
JPM	JPMORGAN CHASE & CO	44,275	$6,172	3.6%	$92.63	+17.3%	COM	46625H100
MBI	MBIA INC	652,531	$6,069	3.5%	$5.48	-24.3%	COM	55262C100
C	CITIGROUP INC	67,695	$5,408	3.1%	$35.76	+65.7%	COM NEW	172967424
GS	GOLDMAN SACHS GROUP INC	20,000	$4,599	2.6%	$120.06	+56.2%	COM	38141G104
BB	BLACKBERRY LTD	529,040	$3,402	2.0%	$7.99	-31.3%	COM	09228F103
—	SPIRIT AIRLS INC	50,000	$2,016	1.2%	$36.36	—	COM	848577102
—	COMPUCREDIT HLDGS CORP	3,075,000	$1,872	1.1%	$0.44	—	NOTE 5.875%11/3	20478NAD2
MGA	MAGNA INTL INC	20,000	$1,097	0.6%	$38.61	+15.3%	COM	559222401
PKX	POSCO	21,000	$1,063	0.6%	$35.05	—	SPONSORED ADR	693483109
SNY	SANOFI	20,000	$1,004	0.6%	$51.51	—	SPONSORED ADR	80105N105
BAC	BANK AMER CORP	28,376	$999	0.6%	$25.47	+9.1%	COM	060505104
CYD	CHINA YUCHAI INTL LTD	73,364	$978	0.6%	$8.06	+25.8%	COM	G21082105
ALGT	ALLEGIANT TRAVEL CO	4,317	$751	0.4%	$143.59	+10.6%	COM	01748X102
—	FIAT CHRYSLER AUTOMOBILES N	30,000	$441	0.3%	$14.47	—	COM	N31738102
RYAAY	RYANAIR HLDGS PLC	4,575	$401	0.2%	$86.46	—	SPONSORED ADR NE	783513203