Chou Associates Management Inc. Long-Term Concentrated

Location: Toronto, Ontario, Canada

CIK: 0001389403 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value: $185M (98.3% shares, 1.7% debt)

Holdings (33)

BRK/A BERKSHIRE HATHAWAY INC DEL 37.1%

Value $68.67M Shares 86 Share Price $798441.69 * Est. Cost/Share $215186.81 Unrealized @ Report Date +238.9%

SIRI SIRIUSXM HOLDINGS INC 8.6%

Value $15.84M Shares 702,462 Share Price $22.55 * Est. Cost/Share $23.69 Unrealized @ Report Date -0.6%

STLA STELLANTIS N.V 8.5%

Value $15.65M Shares 1,396,388 Share Price $11.21 Est. Cost/Share $13.99 Unrealized @ Report Date —

GOOG ALPHABET INC 7.0%

Value $12.87M Shares 82,390 Share Price $156.23 * Est. Cost/Share $168.88 Unrealized @ Report Date +8.0%

SYF SYNCHRONY FINANCIAL 6.2%

Value $11.42M Shares 215,702 Share Price $52.94 * Est. Cost/Share $38.18 Unrealized @ Report Date +59.5%

AAPL APPLE INC 5.3%

Value $9.774M Shares 44,000 Share Price $222.13 * Est. Cost/Share $185.12 Unrealized @ Report Date +24.7%

ALLY ALLY FINL INC 4.4%

Value $8.225M Shares 225,525 Share Price $36.47 * Est. Cost/Share $27.73 Unrealized @ Report Date +28.4%

BABA ALIBABA GROUP HLDG LTD 3.0%

Value $5.54M Shares 41,900 Share Price $132.23 Est. Cost/Share $128.26 Unrealized @ Report Date —

WFC WELLS FARGO CO NEW 2.3%

Value $4.275M Shares 59,542 Share Price $71.79 * Est. Cost/Share $53.47 Unrealized @ Report Date +37.8%

C CITIGROUP INC 2.2%

Value $4.096M Shares 57,695 Share Price $70.99 * Est. Cost/Share $35.76 Unrealized @ Report Date +108.4%

POOL POOL CORP 1.8%

Value $3.386M Shares 10,636 Share Price $318.35 * Est. Cost/Share $353.26 Unrealized @ Report Date -5.4%

OXY OCCIDENTAL PETE CORP 1.8%

Value $3.356M Shares 68,000 Share Price $49.36 * Est. Cost/Share $47.84 Unrealized @ Report Date 0.0%

— GROUPON INC 1.7%

Value $3.118M Shares 3,000,000 Share Price $1.04 Est. Cost/Share $1.04 Unrealized @ Report Date —

MCO MOODYS CORP 1.5%

Value $2.747M Shares 5,899 Share Price $465.69 * Est. Cost/Share $393.01 Unrealized @ Report Date +21.8%

PYPL PAYPAL HLDGS INC 1.4%

Value $2.675M Shares 41,000 Share Price $65.25 * Est. Cost/Share $63.46 Unrealized @ Report Date +22.5%

GM GENERAL MTRS CO 1.3%

Value $2.446M Shares 52,000 Share Price $47.03 * Est. Cost/Share $48.81 Unrealized @ Report Date 0.0%

BAC BANK AMERICA CORP 1.1%

Value $2.087M Shares 50,000 Share Price $41.73 * Est. Cost/Share $36.84 Unrealized @ Report Date +18.4%

CASH PATHWARD FINANCIAL INC 1.1%

Value $1.998M Shares 27,389 Share Price $72.95 * Est. Cost/Share $52.35 Unrealized @ Report Date +45.3%

MBI MBIA INC 0.9%

Value $1.599M Shares 321,000 Share Price $4.98 * Est. Cost/Share $5.99 Unrealized @ Report Date +3.3%

CYD CHINA YUCHAI INTL LTD 0.7%

Value $1.246M Shares 73,364 Share Price $16.99 * Est. Cost/Share $8.06 Unrealized @ Report Date +85.9%

AGO ASSURED GUARANTY LTD 0.5%

Value $968K Shares 10,990 Share Price $88.10 Est. Cost/Share $76.83 Unrealized @ Report Date +15.9%

JEF JEFFERIES FINL GROUP INC 0.3%

Value $589K Shares 10,987 Share Price $53.57 * Est. Cost/Share $42.74 Unrealized @ Report Date +53.8%

LPX LOUISIANA PAC CORP 0.3%

Value $541K Shares 5,886 Share Price $91.98 * Est. Cost/Share $83.52 Unrealized @ Report Date +25.0%

IMO IMPERIAL OIL LTD 0.2%

Value $361K Shares 5,000 Share Price $72.24 * Est. Cost/Share $58.14 Unrealized @ Report Date +15.4%

LEA LEAR CORP 0.2%

Value $353K Shares 4,000 Share Price $88.22 * Est. Cost/Share $121.70 Unrealized @ Report Date -24.2%

MGA MAGNA INTL INC 0.2%

Value $340K Shares 10,000 Share Price $33.99 * Est. Cost/Share $38.61 Unrealized @ Report Date -3.7%

RYAAY RYANAIR HOLDINGS PLC 0.1%

Value $252K Shares 5,937 Share Price $42.37 Est. Cost/Share $61.69 Unrealized @ Report Date —

MEOH METHANEX CORP 0.1%

Value $140K Shares 4,000 Share Price $35.06 * Est. Cost/Share $36.66 Unrealized @ Report Date +22.5%

LBTYA LIBERTY GLOBAL LTD 0.1%

Value $138K Shares 12,000 Share Price $11.51 Est. Cost/Share $9.26 Unrealized @ Report Date +25.6%

CACC CREDIT ACCEP CORP MICH 0.1%

Value $135K Shares 262 Share Price $516.35 * Est. Cost/Share $509.35 Unrealized @ Report Date -2.9%

— SUNRISE COMMUNICATIONS AG 0.1%

Value $116K Shares 2,400 Share Price $48.29 Est. Cost/Share $43.08 Unrealized @ Report Date —

VTS VITESSE ENERGY INC 0.0%

Value $31,795 Shares 1,293 Share Price $24.59 * Est. Cost/Share $23.77 Unrealized @ Report Date +7.7%

HTZWW HERTZ GLOBAL HLDGS INC 0.0%

Value $2,260 Shares 1,000 Share Price $2.26 Est. Cost/Share $7.63 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BRK/A	BERKSHIRE HATHAWAY INC DEL	86	$68.67M	37.1%	$798441.69 *	$215186.81	+238.9%	CL A	084670108
SIRI	SIRIUSXM HOLDINGS INC	702,462	$15.84M	8.6%	$22.55 *	$23.69	-0.6%	COMMON STOCK	829933100
STLA	STELLANTIS N.V	1,396,388	$15.65M	8.5%	$11.21	$13.99	—	COM	N82405106
GOOG	ALPHABET INC	82,390	$12.87M	7.0%	$156.23 *	$168.88	+8.0%	CAP STK CL C	02079K107
SYF	SYNCHRONY FINANCIAL	215,702	$11.42M	6.2%	$52.94 *	$38.18	+59.5%	COM	87165B103
AAPL	APPLE INC	44,000	$9.774M	5.3%	$222.13 *	$185.12	+24.7%	COM	037833100
ALLY	ALLY FINL INC	225,525	$8.225M	4.4%	$36.47 *	$27.73	+28.4%	COM	02005N100
BABA	ALIBABA GROUP HLDG LTD	41,900	$5.54M	3.0%	$132.23	$128.26	—	SPONSORED ADS	01609W102
WFC	WELLS FARGO CO NEW	59,542	$4.275M	2.3%	$71.79 *	$53.47	+37.8%	COM	949746101
C	CITIGROUP INC	57,695	$4.096M	2.2%	$70.99 *	$35.76	+108.4%	COM NEW	172967424
POOL	POOL CORP	10,636	$3.386M	1.8%	$318.35 *	$353.26	-5.4%	COM	73278L105
OXY	OCCIDENTAL PETE CORP	68,000	$3.356M	1.8%	$49.36 *	$47.84	0.0%	COM	674599105
—	GROUPON INC	3,000,000	$3.118M	1.7%	$1.04	$1.04	—	NOTE 6.250% 3/1	399473AH0
MCO	MOODYS CORP	5,899	$2.747M	1.5%	$465.69 *	$393.01	+21.8%	COM	615369105
PYPL	PAYPAL HLDGS INC	41,000	$2.675M	1.4%	$65.25 *	$63.46	+22.5%	COM	70450Y103
GM	GENERAL MTRS CO	52,000	$2.446M	1.3%	$47.03 *	$48.81	0.0%	COM	37045V100
BAC	BANK AMERICA CORP	50,000	$2.087M	1.1%	$41.73 *	$36.84	+18.4%	COM	060505104
CASH	PATHWARD FINANCIAL INC	27,389	$1.998M	1.1%	$72.95 *	$52.35	+45.3%	COM	59100U108
MBI	MBIA INC	321,000	$1.599M	0.9%	$4.98 *	$5.99	+3.3%	COM	55262C100
CYD	CHINA YUCHAI INTL LTD	73,364	$1.246M	0.7%	$16.99 *	$8.06	+85.9%	COM	G21082105
AGO	ASSURED GUARANTY LTD	10,990	$968K	0.5%	$88.10	$76.83	+15.9%	COM	G0585R106
JEF	JEFFERIES FINL GROUP INC	10,987	$589K	0.3%	$53.57 *	$42.74	+53.8%	COM	47233W109
LPX	LOUISIANA PAC CORP	5,886	$541K	0.3%	$91.98 *	$83.52	+25.0%	COM	546347105
IMO	IMPERIAL OIL LTD	5,000	$361K	0.2%	$72.24 *	$58.14	+15.4%	COM NEW	453038408
LEA	LEAR CORP	4,000	$353K	0.2%	$88.22 *	$121.70	-24.2%	COM NEW	521865204
MGA	MAGNA INTL INC	10,000	$340K	0.2%	$33.99 *	$38.61	-3.7%	COM	559222401
RYAAY	RYANAIR HOLDINGS PLC	5,937	$252K	0.1%	$42.37	$61.69	—	SPONSORED ADS	783513203
MEOH	METHANEX CORP	4,000	$140K	0.1%	$35.06 *	$36.66	+22.5%	COM	59151K108
LBTYA	LIBERTY GLOBAL LTD	12,000	$138K	0.1%	$11.51	$9.26	+25.6%	COM	G61188101
CACC	CREDIT ACCEP CORP MICH	262	$135K	0.1%	$516.35 *	$509.35	-2.9%	COM	225310101
—	SUNRISE COMMUNICATIONS AG	2,400	$116K	0.1%	$48.29	$43.08	—	ADS CL A	867975104
VTS	VITESSE ENERGY INC	1,293	$31,795	0.0%	$24.59 *	$23.77	+7.7%	COMMON STOCK	92852X103
HTZWW	HERTZ GLOBAL HLDGS INC	1,000	$2,260	0.0%	$2.26	$7.63	—	WARRANT	42806J148