Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Feb 14, 2022

Total Value ($000): $191,073 (100.0% shares, 0.0% debt)

Holdings (19)

— RESOLUTE FST PRODS INC 24.7%

Value ($000) $47,283 Shares 3,096,460 Est. Cost $12.15 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 23.6%

Value ($000) $45,066 Shares 100 Est. Cost $165023.42 Unrealized +161.7%

BHC BAUSCH HEALTH COS INC 11.1%

Value ($000) $21,122 Shares 765,000 Est. Cost $22.90 Unrealized +16.9%

— RESOLUTE FST PRODS INC 10.6%

Value ($000) $20,233 Shares 1,325,000 Est. Cost — Unrealized —

— BAUSCH HEALTH COS INC 8.7%

Value ($000) $16,566 Shares 600,000 Est. Cost — Unrealized —

MBI MBIA INC 5.0%

Value ($000) $9,467 Shares 599,530 Est. Cost $5.48 Unrealized +5.1%

— MBIA INC 3.3%

Value ($000) $6,316 Shares 400,000 Est. Cost — Unrealized —

JPM JPMORGAN CHASE & CO 2.8%

Value ($000) $5,427 Shares 34,275 Est. Cost $92.63 Unrealized +59.6%

BB BLACKBERRY LTD 1.9%

Value ($000) $3,578 Shares 382,900 Est. Cost $7.99 Unrealized +25.3%

— BLACKBERRY LTD 1.9%

Value ($000) $3,575 Shares 382,600 Est. Cost — Unrealized —

C CITIGROUP INC 1.8%

Value ($000) $3,484 Shares 57,695 Est. Cost $35.76 Unrealized +59.9%

GS GOLDMAN SACHS GROUP INC 1.4%

Value ($000) $2,716 Shares 7,100 Est. Cost $120.06 Unrealized +196.9%

MGA MAGNA INTL INC 0.8%

Value ($000) $1,619 Shares 20,000 Est. Cost $38.61 Unrealized +82.6%

PKX POSCO 0.6%

Value ($000) $1,224 Shares 21,000 Est. Cost $35.05 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.6%

Value ($000) $1,095 Shares 73,364 Est. Cost $8.06 Unrealized +37.1%

WFC WELLS FARGO CO NEW 0.5%

Value ($000) $938 Shares 19,542 Est. Cost $46.51 Unrealized -4.5%

STLA STELLANTIS N.V 0.3%

Value ($000) $563 Shares 30,000 Est. Cost $17.77 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.2%

Value ($000) $468 Shares 4,575 Est. Cost $86.46 Unrealized —

LBTYAUSD LIBERTY GLOBAL PLC 0.2%

Value ($000) $333 Shares 12,000 Est. Cost $25.67 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	RESOLUTE FST PRODS INC	3,096,460	$47,283	24.7%	$12.15	—	COM	76117W109
BRK/A	BERKSHIRE HATHAWAY INC DEL	100	$45,066	23.6%	$165023.42	+161.7%	CL A	084670108
BHC	BAUSCH HEALTH COS INC	765,000	$21,122	11.1%	$22.90	+16.9%	COM	071734107
—	RESOLUTE FST PRODS INC	1,325,000	$20,233	10.6%	—	—	Call	76117W909
—	BAUSCH HEALTH COS INC	600,000	$16,566	8.7%	—	—	Call	071734907
MBI	MBIA INC	599,530	$9,467	5.0%	$5.48	+5.1%	COM	55262C100
—	MBIA INC	400,000	$6,316	3.3%	—	—	Call	55262C900
JPM	JPMORGAN CHASE & CO	34,275	$5,427	2.8%	$92.63	+59.6%	COM	46625H100
BB	BLACKBERRY LTD	382,900	$3,578	1.9%	$7.99	+25.3%	COM	09228F103
—	BLACKBERRY LTD	382,600	$3,575	1.9%	—	—	Call	09228F903
C	CITIGROUP INC	57,695	$3,484	1.8%	$35.76	+59.9%	COM NEW	172967424
GS	GOLDMAN SACHS GROUP INC	7,100	$2,716	1.4%	$120.06	+196.9%	COM	38141G104
MGA	MAGNA INTL INC	20,000	$1,619	0.8%	$38.61	+82.6%	COM	559222401
PKX	POSCO	21,000	$1,224	0.6%	$35.05	—	SPONSORED ADR	693483109
CYD	CHINA YUCHAI INTL LTD	73,364	$1,095	0.6%	$8.06	+37.1%	COM	G21082105
WFC	WELLS FARGO CO NEW	19,542	$938	0.5%	$46.51	-4.5%	COM	949746101
STLA	STELLANTIS N.V	30,000	$563	0.3%	$17.77	—	COM	N82405106
RYAAY	RYANAIR HLDGS PLC	4,575	$468	0.2%	$86.46	—	SPONSORED ADS	783513203
LBTYAUSD	LIBERTY GLOBAL PLC	12,000	$333	0.2%	$25.67	—	SHS CL A	G5480U104