Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 13, 2021

Total Value ($000): $228,699 (100.0% shares, 0.0% debt)

Holdings (19)

— RESOLUTE FST PRODS INC 21.0%

Value ($000) $48,074 Shares 3,940,460 Est. Cost $12.15 Unrealized —

BHC BAUSCH HEALTH COS INC 19.2%

Value ($000) $43,833 Shares 1,495,000 Est. Cost $22.90 Unrealized +32.3%

BRK/A BERKSHIRE HATHAWAY INC DEL 18.3%

Value ($000) $41,860 Shares 100 Est. Cost $165023.42 Unrealized +154.7%

— RESOLUTE FST PRODS INC 13.4%

Value ($000) $30,726 Shares 2,518,500 Est. Cost — Unrealized —

— BAUSCH HEALTH COS INC 7.7%

Value ($000) $17,592 Shares 600,000 Est. Cost — Unrealized —

WFC WELLS FARGO CO NEW 3.4%

Value ($000) $7,679 Shares 169,542 Est. Cost $46.51 Unrealized -14.0%

MBI MBIA INC 2.9%

Value ($000) $6,595 Shares 599,530 Est. Cost $5.48 Unrealized -20.7%

JPM JPMORGAN CHASE & CO 2.3%

Value ($000) $5,331 Shares 34,275 Est. Cost $92.63 Unrealized +50.9%

— BLACKBERRY LTD 2.1%

Value ($000) $4,889 Shares 400,000 Est. Cost — Unrealized —

BB BLACKBERRY LTD 2.1%

Value ($000) $4,889 Shares 400,000 Est. Cost $7.99 Unrealized +31.2%

— MBIA INC 1.9%

Value ($000) $4,400 Shares 400,000 Est. Cost — Unrealized —

C CITIGROUP INC 1.8%

Value ($000) $4,082 Shares 57,695 Est. Cost $35.76 Unrealized +75.4%

GS GOLDMAN SACHS GROUP INC 1.2%

Value ($000) $2,695 Shares 7,100 Est. Cost $120.06 Unrealized +166.0%

MGA MAGNA INTL INC 0.8%

Value ($000) $1,853 Shares 20,000 Est. Cost $38.61 Unrealized +111.8%

PKX POSCO 0.7%

Value ($000) $1,612 Shares 21,000 Est. Cost $35.05 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.5%

Value ($000) $1,177 Shares 73,364 Est. Cost $8.06 Unrealized +61.6%

STLA STELLANTIS 0.3%

Value ($000) $591 Shares 30,000 Est. Cost $17.77 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.2%

Value ($000) $495 Shares 4,575 Est. Cost $86.46 Unrealized —

LBTYAUSD LIBERTY GLOBAL PLC 0.1%

Value ($000) $326 Shares 12,000 Est. Cost $25.67 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	RESOLUTE FST PRODS INC	3,940,460	$48,074	21.0%	$12.15	—	COM	76117W109
BHC	BAUSCH HEALTH COS INC	1,495,000	$43,833	19.2%	$22.90	+32.3%	COM	071734107
BRK/A	BERKSHIRE HATHAWAY INC DEL	100	$41,860	18.3%	$165023.42	+154.7%	CL A	084670108
—	RESOLUTE FST PRODS INC	2,518,500	$30,726	13.4%	—	—	Call	76117W909
—	BAUSCH HEALTH COS INC	600,000	$17,592	7.7%	—	—	Call	071734907
WFC	WELLS FARGO CO NEW	169,542	$7,679	3.4%	$46.51	-14.0%	COM	949746101
MBI	MBIA INC	599,530	$6,595	2.9%	$5.48	-20.7%	COM	55262C100
JPM	JPMORGAN CHASE & CO	34,275	$5,331	2.3%	$92.63	+50.9%	COM	46625H100
—	BLACKBERRY LTD	400,000	$4,889	2.1%	—	—	Call	09228F903
BB	BLACKBERRY LTD	400,000	$4,889	2.1%	$7.99	+31.2%	COM	09228F103
—	MBIA INC	400,000	$4,400	1.9%	—	—	Call	55262C900
C	CITIGROUP INC	57,695	$4,082	1.8%	$35.76	+75.4%	COM NEW	172967424
GS	GOLDMAN SACHS GROUP INC	7,100	$2,695	1.2%	$120.06	+166.0%	COM	38141G104
MGA	MAGNA INTL INC	20,000	$1,853	0.8%	$38.61	+111.8%	COM	559222401
PKX	POSCO	21,000	$1,612	0.7%	$35.05	—	SPONSORED ADR	693483109
CYD	CHINA YUCHAI INTL LTD	73,364	$1,177	0.5%	$8.06	+61.6%	COM	G21082105
STLA	STELLANTIS	30,000	$591	0.3%	$17.77	—	COM	N82405106
RYAAY	RYANAIR HLDGS PLC	4,575	$495	0.2%	$86.46	—	SPONSORED ADR NE	783513203
LBTYAUSD	LIBERTY GLOBAL PLC	12,000	$326	0.1%	$25.67	—	COM	G5480U104