Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: Nov 15, 2021

Total Value ($000): $207,083 (100.0% shares, 0.0% debt)

Holdings (19)

BHC BAUSCH HEALTH COS INC 20.1%

Value ($000) $41,636 Shares 1,495,000 Est. Cost $22.90 Unrealized +23.8%

BRK/A BERKSHIRE HATHAWAY INC DEL 19.9%

Value ($000) $41,138 Shares 100 Est. Cost $165023.42 Unrealized +156.1%

— RESOLUTE FST PRODS INC 19.0%

Value ($000) $39,264 Shares 3,299,460 Est. Cost $12.15 Unrealized —

— RESOLUTE FST PRODS INC 10.8%

Value ($000) $22,443 Shares 1,886,000 Est. Cost — Unrealized —

— BAUSCH HEALTH COS INC 8.1%

Value ($000) $16,710 Shares 600,000 Est. Cost — Unrealized —

WFC WELLS FARGO CO NEW 3.8%

Value ($000) $7,868 Shares 169,542 Est. Cost $46.51 Unrealized -10.6%

MBI MBIA INC 3.7%

Value ($000) $7,704 Shares 599,530 Est. Cost $5.48 Unrealized -8.0%

JPM JPMORGAN CHASE & CO 2.7%

Value ($000) $5,610 Shares 34,275 Est. Cost $92.63 Unrealized +51.5%

— MBIA INC 2.5%

Value ($000) $5,140 Shares 400,000 Est. Cost — Unrealized —

C CITIGROUP INC 2.0%

Value ($000) $4,049 Shares 57,695 Est. Cost $35.76 Unrealized +66.9%

BB BLACKBERRY LTD 1.8%

Value ($000) $3,727 Shares 382,900 Est. Cost $7.99 Unrealized +31.3%

— BLACKBERRY LTD 1.8%

Value ($000) $3,725 Shares 382,600 Est. Cost — Unrealized —

GS GOLDMAN SACHS GROUP INC 1.3%

Value ($000) $2,684 Shares 7,100 Est. Cost $120.06 Unrealized +191.4%

MGA MAGNA INTL INC 0.7%

Value ($000) $1,505 Shares 20,000 Est. Cost $38.61 Unrealized +83.7%

PKX POSCO 0.7%

Value ($000) $1,448 Shares 21,000 Est. Cost $35.05 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.5%

Value ($000) $997 Shares 73,364 Est. Cost $8.06 Unrealized +58.3%

STLA STELLANTIS 0.3%

Value ($000) $573 Shares 30,000 Est. Cost $17.77 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.2%

Value ($000) $504 Shares 4,575 Est. Cost $86.46 Unrealized —

LBTYAUSD LIBERTY GLOBAL PLC 0.2%

Value ($000) $358 Shares 12,000 Est. Cost $25.67 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BHC	BAUSCH HEALTH COS INC	1,495,000	$41,636	20.1%	$22.90	+23.8%	COM	071734107
BRK/A	BERKSHIRE HATHAWAY INC DEL	100	$41,138	19.9%	$165023.42	+156.1%	CL A	084670108
—	RESOLUTE FST PRODS INC	3,299,460	$39,264	19.0%	$12.15	—	COM	76117W109
—	RESOLUTE FST PRODS INC	1,886,000	$22,443	10.8%	—	—	Call	76117W909
—	BAUSCH HEALTH COS INC	600,000	$16,710	8.1%	—	—	Call	071734907
WFC	WELLS FARGO CO NEW	169,542	$7,868	3.8%	$46.51	-10.6%	COM	949746101
MBI	MBIA INC	599,530	$7,704	3.7%	$5.48	-8.0%	COM	55262C100
JPM	JPMORGAN CHASE & CO	34,275	$5,610	2.7%	$92.63	+51.5%	COM	46625H100
—	MBIA INC	400,000	$5,140	2.5%	—	—	Call	55262C900
C	CITIGROUP INC	57,695	$4,049	2.0%	$35.76	+66.9%	COM NEW	172967424
BB	BLACKBERRY LTD	382,900	$3,727	1.8%	$7.99	+31.3%	COM	09228F103
—	BLACKBERRY LTD	382,600	$3,725	1.8%	—	—	Call	09228F903
GS	GOLDMAN SACHS GROUP INC	7,100	$2,684	1.3%	$120.06	+191.4%	COM	38141G104
MGA	MAGNA INTL INC	20,000	$1,505	0.7%	$38.61	+83.7%	COM	559222401
PKX	POSCO	21,000	$1,448	0.7%	$35.05	—	SPONSORED ADR	693483109
CYD	CHINA YUCHAI INTL LTD	73,364	$997	0.5%	$8.06	+58.3%	COM	G21082105
STLA	STELLANTIS	30,000	$573	0.3%	$17.77	—	COM	N82405106
RYAAY	RYANAIR HLDGS PLC	4,575	$504	0.2%	$86.46	—	SPONSORED ADR NE	783513203
LBTYAUSD	LIBERTY GLOBAL PLC	12,000	$358	0.2%	$25.67	—	COM	G5480U104