Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q1 2021 (← Previous) (Next →)

Filing Date: May 21, 2021

Total Value ($000): $221,347 (100.0% shares, 0.0% debt)

Holdings (20)

— RESOLUTE FST PRODS INC 22.5%

Value ($000) $49,894 Shares 4,559,460 Est. Cost $12.15 Unrealized —

BHC BAUSCH HEALTH COS INC 21.4%

Value ($000) $47,421 Shares 1,495,000 Est. Cost $22.90 Unrealized +28.1%

BRK/A BERKSHIRE HATHAWAY INC DEL 17.4%

Value ($000) $38,545 Shares 100 Est. Cost $165023.42 Unrealized +122.2%

— RESOLUTE FST PRODS INC 10.3%

Value ($000) $22,707 Shares 2,075,000 Est. Cost — Unrealized —

— BAUSCH HEALTH COS INC 8.6%

Value ($000) $19,032 Shares 600,000 Est. Cost — Unrealized —

WFC WELLS FARGO CO NEW 3.0%

Value ($000) $6,620 Shares 169,542 Est. Cost $46.51 Unrealized -32.0%

MBI MBIA INC 2.6%

Value ($000) $5,764 Shares 599,530 Est. Cost $5.48 Unrealized -38.3%

JPM JPMORGAN CHASE & CO 2.4%

Value ($000) $5,214 Shares 34,275 Est. Cost $92.63 Unrealized +37.4%

C CITIGROUP INC 2.2%

Value ($000) $4,922 Shares 67,695 Est. Cost $35.76 Unrealized +57.1%

GS GOLDMAN SACHS GROUP INC 2.1%

Value ($000) $4,575 Shares 14,000 Est. Cost $120.06 Unrealized +130.6%

— MBIA INC 1.7%

Value ($000) $3,846 Shares 400,000 Est. Cost — Unrealized —

— BLACKBERRY LTD 1.5%

Value ($000) $3,353 Shares 400,000 Est. Cost — Unrealized —

BB BLACKBERRY LTD 1.5%

Value ($000) $3,353 Shares 400,000 Est. Cost $7.99 Unrealized +40.4%

MGA MAGNA INTL INC 0.8%

Value ($000) $1,760 Shares 20,000 Est. Cost $38.61 Unrealized +79.4%

PKX POSCO 0.7%

Value ($000) $1,515 Shares 21,000 Est. Cost $35.05 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.5%

Value ($000) $1,135 Shares 73,364 Est. Cost $8.06 Unrealized +65.4%

STLA STELLANTIS 0.2%

Value ($000) $533 Shares 30,000 Est. Cost $17.77 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.2%

Value ($000) $526 Shares 4,575 Est. Cost $86.46 Unrealized —

BAC BANK AMER CORP 0.1%

Value ($000) $324 Shares 8,376 Est. Cost $25.47 Unrealized +20.3%

LBTYAUSD LIBERTY GLOBAL PLC 0.1%

Value ($000) $308 Shares 12,000 Est. Cost $25.67 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	RESOLUTE FST PRODS INC	4,559,460	$49,894	22.5%	$12.15	—	COM	76117W109
BHC	BAUSCH HEALTH COS INC	1,495,000	$47,421	21.4%	$22.90	+28.1%	COM	071734107
BRK/A	BERKSHIRE HATHAWAY INC DEL	100	$38,545	17.4%	$165023.42	+122.2%	CL A	084670108
—	RESOLUTE FST PRODS INC	2,075,000	$22,707	10.3%	—	—	Call	76117W909
—	BAUSCH HEALTH COS INC	600,000	$19,032	8.6%	—	—	Call	071734907
WFC	WELLS FARGO CO NEW	169,542	$6,620	3.0%	$46.51	-32.0%	COM	949746101
MBI	MBIA INC	599,530	$5,764	2.6%	$5.48	-38.3%	COM	55262C100
JPM	JPMORGAN CHASE & CO	34,275	$5,214	2.4%	$92.63	+37.4%	COM	46625H100
C	CITIGROUP INC	67,695	$4,922	2.2%	$35.76	+57.1%	COM NEW	172967424
GS	GOLDMAN SACHS GROUP INC	14,000	$4,575	2.1%	$120.06	+130.6%	COM	38141G104
—	MBIA INC	400,000	$3,846	1.7%	—	—	Call	55262C900
—	BLACKBERRY LTD	400,000	$3,353	1.5%	—	—	Call	09228F903
BB	BLACKBERRY LTD	400,000	$3,353	1.5%	$7.99	+40.4%	COM	09228F103
MGA	MAGNA INTL INC	20,000	$1,760	0.8%	$38.61	+79.4%	COM	559222401
PKX	POSCO	21,000	$1,515	0.7%	$35.05	—	SPONSORED ADR	693483109
CYD	CHINA YUCHAI INTL LTD	73,364	$1,135	0.5%	$8.06	+65.4%	COM	G21082105
STLA	STELLANTIS	30,000	$533	0.2%	$17.77	—	COM	N82405106
RYAAY	RYANAIR HLDGS PLC	4,575	$526	0.2%	$86.46	—	SPONSORED ADR NE	783513203
BAC	BANK AMER CORP	8,376	$324	0.1%	$25.47	+20.3%	COM	060505104
LBTYAUSD	LIBERTY GLOBAL PLC	12,000	$308	0.1%	$25.67	—	COM	G5480U104