Chou Associates Management Inc. Long-Term Concentrated

Location: Toronto, Ontario, Canada

CIK: 0001389403 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value: $208M (100.0% shares, 0.0% debt)

Holdings (31)

BRK/A BERKSHIRE HATHAWAY INC DEL 31.2%

Value $64.86M Shares 86 Share Price $754200.26 * Est. Cost/Share $215186.81 Unrealized @ Report Date +237.8%

GOOG ALPHABET INC 9.7%

Value $20.07M Shares 82,390 Share Price $243.55 * Est. Cost/Share $168.88 Unrealized @ Report Date +24.3%

SIRI SIRIUSXM HOLDINGS INC 7.9%

Value $16.35M Shares 702,462 Share Price $23.28 Est. Cost/Share $23.69 Unrealized @ Report Date -2.3%

SYF SYNCHRONY FINANCIAL 7.4%

Value $15.33M Shares 215,702 Share Price $71.05 Est. Cost/Share $38.18 Unrealized @ Report Date +88.7%

OXY OCCIDENTAL PETE CORP 7.1%

Value $14.79M Shares 313,000 Share Price $47.25 * Est. Cost/Share $42.61 Unrealized @ Report Date +5.0%

STLA STELLANTIS N.V 6.3%

Value $13.02M Shares 1,394,194 Share Price $9.34 Est. Cost/Share $11.65 Unrealized @ Report Date —

AAPL APPLE INC 5.4%

Value $11.2M Shares 44,000 Share Price $254.63 * Est. Cost/Share $185.12 Unrealized @ Report Date +21.9%

ALLY ALLY FINL INC 4.3%

Value $8.841M Shares 225,525 Share Price $39.20 Est. Cost/Share $27.73 Unrealized @ Report Date +42.1%

BABA ALIBABA GROUP HLDG LTD 3.6%

Value $7.489M Shares 41,900 Share Price $178.73 Est. Cost/Share $128.26 Unrealized @ Report Date —

C CITIGROUP INC 2.8%

Value $5.856M Shares 57,695 Share Price $101.50 * Est. Cost/Share $35.76 Unrealized @ Report Date +163.2%

WFC WELLS FARGO CO NEW 2.4%

Value $4.991M Shares 59,542 Share Price $83.82 * Est. Cost/Share $53.47 Unrealized @ Report Date +50.5%

POOL POOL CORP 1.6%

Value $3.298M Shares 10,636 Share Price $310.07 Est. Cost/Share $353.26 Unrealized @ Report Date -11.9%

GM GENERAL MTRS CO 1.5%

Value $3.17M Shares 52,000 Share Price $60.97 * Est. Cost/Share $48.81 Unrealized @ Report Date +13.8%

MCO MOODYS CORP 1.4%

Value $2.811M Shares 5,899 Share Price $476.48 * Est. Cost/Share $393.01 Unrealized @ Report Date +27.9%

PYPL PAYPAL HLDGS INC 1.3%

Value $2.749M Shares 41,000 Share Price $67.06 * Est. Cost/Share $63.46 Unrealized @ Report Date +10.8%

BAC BANK AMERICA CORP 1.2%

Value $2.579M Shares 50,000 Share Price $51.59 * Est. Cost/Share $36.84 Unrealized @ Report Date +31.2%

MBI MBIA INC 1.2%

Value $2.391M Shares 321,000 Share Price $7.45 * Est. Cost/Share $5.99 Unrealized @ Report Date +5.8%

CASH PATHWARD FINANCIAL INC 1.0%

Value $2.027M Shares 27,389 Share Price $74.01 * Est. Cost/Share $52.35 Unrealized @ Report Date +48.6%

CYD CHINA YUCHAI INTL LTD 0.5%

Value $967K Shares 23,364 Share Price $41.37 * Est. Cost/Share $8.06 Unrealized @ Report Date +274.8%

AGO ASSURED GUARANTY LTD 0.4%

Value $930K Shares 10,990 Share Price $84.65 Est. Cost/Share $76.83 Unrealized @ Report Date +8.2%

MEOH METHANEX CORP 0.4%

Value $795K Shares 20,000 Share Price $39.76 * Est. Cost/Share $33.13 Unrealized @ Report Date +7.3%

JEF JEFFERIES FINL GROUP INC 0.3%

Value $719K Shares 10,987 Share Price $65.42 * Est. Cost/Share $42.74 Unrealized @ Report Date +40.1%

LPX LOUISIANA PAC CORP 0.3%

Value $523K Shares 5,886 Share Price $88.84 * Est. Cost/Share $83.52 Unrealized @ Report Date +10.5%

MGA MAGNA INTL INC 0.2%

Value $474K Shares 10,000 Share Price $47.38 * Est. Cost/Share $38.61 Unrealized @ Report Date +13.5%

IMO IMPERIAL OIL LTD 0.2%

Value $453K Shares 5,000 Share Price $90.67 * Est. Cost/Share $58.14 Unrealized @ Report Date +47.2%

LEA LEAR CORP 0.2%

Value $402K Shares 4,000 Share Price $100.61 Est. Cost/Share $121.70 Unrealized @ Report Date -15.7%

RYAAY RYANAIR HOLDINGS PLC 0.2%

Value $358K Shares 5,937 Share Price $60.22 Est. Cost/Share $61.69 Unrealized @ Report Date —

— SUNRISE COMMUNICATIONS AG 0.1%

Value $141K Shares 2,400 Share Price $58.78 Est. Cost/Share $43.08 Unrealized @ Report Date —

CACC CREDIT ACCEP CORP MICH 0.1%

Value $122K Shares 262 Share Price $466.93 * Est. Cost/Share $509.35 Unrealized @ Report Date -2.0%

VTS VITESSE ENERGY INC 0.0%

Value $30,036 Shares 1,293 Share Price $23.23 * Est. Cost/Share $23.77 Unrealized @ Report Date +3.4%

HTZWW HERTZ GLOBAL HLDGS INC 0.0%

Value $3,705 Shares 1,000 Share Price $3.71 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	$64.86M	31.2%	$754200.26 *	$215186.81	+237.8%	CL A	084670108
GOOG	ALPHABET INC	82,390	$20.07M	9.7%	$243.55 *	$168.88	+24.3%	CAP STK CL C	02079K107
SIRI	SIRIUSXM HOLDINGS INC	702,462	$16.35M	7.9%	$23.28	$23.69	-2.3%	COMMON STOCK	829933100
SYF	SYNCHRONY FINANCIAL	215,702	$15.33M	7.4%	$71.05	$38.18	+88.7%	COM	87165B103
OXY	OCCIDENTAL PETE CORP	313,000	$14.79M	7.1%	$47.25 *	$42.61	+5.0%	COM	674599105
STLA	STELLANTIS N.V	1,394,194	$13.02M	6.3%	$9.34	$11.65	—	COM	N82405106
AAPL	APPLE INC	44,000	$11.2M	5.4%	$254.63 *	$185.12	+21.9%	COM	037833100
ALLY	ALLY FINL INC	225,525	$8.841M	4.3%	$39.20	$27.73	+42.1%	COM	02005N100
BABA	ALIBABA GROUP HLDG LTD	41,900	$7.489M	3.6%	$178.73	$128.26	—	SPONSORED ADS	01609W102
C	CITIGROUP INC	57,695	$5.856M	2.8%	$101.50 *	$35.76	+163.2%	COM NEW	172967424
WFC	WELLS FARGO CO NEW	59,542	$4.991M	2.4%	$83.82 *	$53.47	+50.5%	COM	949746101
POOL	POOL CORP	10,636	$3.298M	1.6%	$310.07	$353.26	-11.9%	COM	73278L105
GM	GENERAL MTRS CO	52,000	$3.17M	1.5%	$60.97 *	$48.81	+13.8%	COM	37045V100
MCO	MOODYS CORP	5,899	$2.811M	1.4%	$476.48 *	$393.01	+27.9%	COM	615369105
PYPL	PAYPAL HLDGS INC	41,000	$2.749M	1.3%	$67.06 *	$63.46	+10.8%	COM	70450Y103
BAC	BANK AMERICA CORP	50,000	$2.579M	1.2%	$51.59 *	$36.84	+31.2%	COM	060505104
MBI	MBIA INC	321,000	$2.391M	1.2%	$7.45 *	$5.99	+5.8%	COM	55262C100
CASH	PATHWARD FINANCIAL INC	27,389	$2.027M	1.0%	$74.01 *	$52.35	+48.6%	COM	59100U108
CYD	CHINA YUCHAI INTL LTD	23,364	$967K	0.5%	$41.37 *	$8.06	+274.8%	COM	G21082105
AGO	ASSURED GUARANTY LTD	10,990	$930K	0.4%	$84.65	$76.83	+8.2%	COM	G0585R106
MEOH	METHANEX CORP	20,000	$795K	0.4%	$39.76 *	$33.13	+7.3%	COM	59151K108
JEF	JEFFERIES FINL GROUP INC	10,987	$719K	0.3%	$65.42 *	$42.74	+40.1%	COM	47233W109
LPX	LOUISIANA PAC CORP	5,886	$523K	0.3%	$88.84 *	$83.52	+10.5%	COM	546347105
MGA	MAGNA INTL INC	10,000	$474K	0.2%	$47.38 *	$38.61	+13.5%	COM	559222401
IMO	IMPERIAL OIL LTD	5,000	$453K	0.2%	$90.67 *	$58.14	+47.2%	COM NEW	453038408
LEA	LEAR CORP	4,000	$402K	0.2%	$100.61	$121.70	-15.7%	COM NEW	521865204
RYAAY	RYANAIR HOLDINGS PLC	5,937	$358K	0.2%	$60.22	$61.69	—	SPONSORED ADS	783513203
—	SUNRISE COMMUNICATIONS AG	2,400	$141K	0.1%	$58.78	$43.08	—	ADS CL A	867975104
CACC	CREDIT ACCEP CORP MICH	262	$122K	0.1%	$466.93 *	$509.35	-2.0%	COM	225310101
VTS	VITESSE ENERGY INC	1,293	$30,036	0.0%	$23.23 *	$23.77	+3.4%	COMMON STOCK	92852X103
HTZWW	HERTZ GLOBAL HLDGS INC	1,000	$3,705	0.0%	$3.71	$7.63	—	WARRANT	42806J148