Chou Associates Management Inc. Long-Term Concentrated

Location: Toronto, Ontario, Canada

CIK: 0001389403 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 12, 2026

Total Value: $217M (100.0% shares, 0.0% debt)

Holdings (31)

New Positions (1)

VTS VITESSE ENERGY ORD 0.0%

Value $20,391 Shares 1,293 Share Price $15.77 Est. Cost/Share $15.77 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
VTS	VITESSE ENERGY ORD	1,293	$20,391	0.0%	$15.77	$15.77	—	COM	92852X103

Exited Positions (1)

— BRAEMAR HOTELS & RESORTS INC 1.1%

Value $2.455M Shares 2,500,000 Share Price $0.98 Est. Cost/Share $0.98 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	BRAEMAR HOTELS & RESORTS INC	2,500,000	$2.455M	1.1%	$0.98	$0.98	—	—	10482BAB7

Decreased Positions (1)

AAPL APPLE INC 5.3%

Value $11.57M (+3.7%) Shares 40,000 (-9.1%) Share Price $289.36 Est. Cost/Share $185.12 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AAPL	APPLE INC	40,000 (-9.1%)	$11.57M (+3.7%)	5.3%	$289.36	$185.12	—	COM	037833100

Unchanged Positions (29)

OXY OCCIDENTAL PETE CORP 7.0%

Value $15.2M Shares 313,000 Share Price $48.57 Est. Cost/Share $42.61 Unrealized @ Report Date —

GOOG ALPHABET INC 11.8%

Value $25.58M Shares 72,390 Share Price $353.33 Est. Cost/Share $168.88 Unrealized @ Report Date —

SIRI SIRIUSXM HOLDINGS INC 5.6%

Value $12.1M Shares 409,589 Share Price $29.54 Est. Cost/Share $23.69 Unrealized @ Report Date —

BRK/A BERKSHIRE HATHAWAY INC DEL 29.7%

Value $64.4M Shares 86 Share Price $748849.77 Est. Cost/Share $215186.81 Unrealized @ Report Date —

STLA STELLANTIS N.V 3.7%

Value $8.003M Shares 1,394,194 Share Price $5.74 Est. Cost/Share $11.65 Unrealized @ Report Date —

SYF SYNCHRONY FINANCIAL 7.8%

Value $16.97M Shares 223,202 Share Price $76.05 Est. Cost/Share $39.46 Unrealized @ Report Date —

ALLY ALLY FINL INC 4.8%

Value $10.36M Shares 225,525 Share Price $45.95 Est. Cost/Share $27.73 Unrealized @ Report Date —

JEF JEFFERIES FINL GROUP INC 3.4%

Value $7.459M Shares 149,237 Share Price $49.98 Est. Cost/Share $57.63 Unrealized @ Report Date —

BABA ALIBABA GROUP HLDG LTD 1.9%

Value $4.022M Shares 41,900 Share Price $95.98 Est. Cost/Share $128.26 Unrealized @ Report Date —

C CITIGROUP INC 2.1%

Value $4.576M Shares 32,695 Share Price $139.96 Est. Cost/Share $35.76 Unrealized @ Report Date —

BAC BANK OF AMER CORP 1.3%

Value $2.849M Shares 50,000 Share Price $56.98 Est. Cost/Share $36.84 Unrealized @ Report Date —

PYPL PAYPAL HLDGS INC 3.3%

Value $7.228M Shares 167,400 Share Price $43.18 Est. Cost/Share $53.35 Unrealized @ Report Date —

MEOH METHANEX CORP 0.4%

Value $924K Shares 20,000 Share Price $46.19 Est. Cost/Share $33.13 Unrealized @ Report Date —

CYD CHINA YUCHAI INTL LTD 0.5%

Value $1.108M Shares 23,364 Share Price $47.41 Est. Cost/Share $8.06 Unrealized @ Report Date —

MBI MBIA INC 1.0%

Value $2.093M Shares 321,000 Share Price $6.52 Est. Cost/Share $5.99 Unrealized @ Report Date —

WFC WELLS FARGO CO NEW 2.3%

Value $4.921M Shares 59,542 Share Price $82.64 Est. Cost/Share $53.47 Unrealized @ Report Date —

ATKR ATKORE INC 0.3%

Value $639K Shares 8,400 Share Price $76.04 Est. Cost/Share $68.08 Unrealized @ Report Date —

GM GENERAL MTRS CO 1.9%

Value $4.008M Shares 52,000 Share Price $77.08 Est. Cost/Share $48.81 Unrealized @ Report Date —

POOL POOL CORP 1.1%

Value $2.286M Shares 10,636 Share Price $214.90 Est. Cost/Share $353.26 Unrealized @ Report Date —

MGA MAGNA INTL INC 0.3%

Value $657K Shares 10,000 Share Price $65.66 Est. Cost/Share $38.61 Unrealized @ Report Date —

IMO IMPERIAL OIL LTD 0.3%

Value $561K Shares 5,000 Share Price $112.29 Est. Cost/Share $58.14 Unrealized @ Report Date —

KHC KRAFT HEINZ CO 0.8%

Value $1.642M Shares 69,500 Share Price $23.62 Est. Cost/Share $23.92 Unrealized @ Report Date —

HPQ HP INC 0.3%

Value $581K Shares 26,500 Share Price $21.94 Est. Cost/Share $19.77 Unrealized @ Report Date —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.7%

Value $1.551M Shares 3,100 Share Price $500.39 Est. Cost/Share $493.47 Unrealized @ Report Date —

CASH PATHWARD FINANCIAL INC 1.1%

Value $2.384M Shares 27,389 Share Price $87.06 Est. Cost/Share $52.35 Unrealized @ Report Date —

RYAAY RYANAIR HOLDINGS PLC 0.2%

Value $384K Shares 5,937 Share Price $64.75 Est. Cost/Share $61.69 Unrealized @ Report Date —

LPX LOUISIANA PAC CORP 0.2%

Value $463K Shares 5,886 Share Price $78.66 Est. Cost/Share $83.52 Unrealized @ Report Date —

MCO MOODYS CORP 0.3%

Value $679K Shares 1,500 Share Price $452.92 Est. Cost/Share $393.01 Unrealized @ Report Date —

AGO ASSURED GUARANTY LTD 0.6%

Value $1.362M Shares 16,990 Share Price $80.16 Est. Cost/Share $80.23 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
OXY	OCCIDENTAL PETE CORP	313,000	$15.2M	7.0%	$48.57	$42.61	—	COM	674599105
GOOG	ALPHABET INC	72,390	$25.58M	11.8%	$353.33	$168.88	—	CAP STK CL C	02079K107
SIRI	SIRIUSXM HOLDINGS INC	409,589	$12.1M	5.6%	$29.54	$23.69	—	COMMON STOCK	829933100
BRK/A	BERKSHIRE HATHAWAY INC DEL	86	$64.4M	29.7%	$748849.77	$215186.81	—	CL A	084670108
STLA	STELLANTIS N.V	1,394,194	$8.003M	3.7%	$5.74	$11.65	—	COM	N82405106
SYF	SYNCHRONY FINANCIAL	223,202	$16.97M	7.8%	$76.05	$39.46	—	COM	87165B103
ALLY	ALLY FINL INC	225,525	$10.36M	4.8%	$45.95	$27.73	—	COM	02005N100
JEF	JEFFERIES FINL GROUP INC	149,237	$7.459M	3.4%	$49.98	$57.63	—	COM	47233W109
BABA	ALIBABA GROUP HLDG LTD	41,900	$4.022M	1.9%	$95.98	$128.26	—	SPONSORED ADS	01609W102
C	CITIGROUP INC	32,695	$4.576M	2.1%	$139.96	$35.76	—	COM NEW	172967424
BAC	BANK OF AMER CORP	50,000	$2.849M	1.3%	$56.98	$36.84	—	COM	060505104
PYPL	PAYPAL HLDGS INC	167,400	$7.228M	3.3%	$43.18	$53.35	—	COM	70450Y103
MEOH	METHANEX CORP	20,000	$924K	0.4%	$46.19	$33.13	—	COM	59151K108
CYD	CHINA YUCHAI INTL LTD	23,364	$1.108M	0.5%	$47.41	$8.06	—	COM	G21082105
MBI	MBIA INC	321,000	$2.093M	1.0%	$6.52	$5.99	—	COM	55262C100
WFC	WELLS FARGO CO NEW	59,542	$4.921M	2.3%	$82.64	$53.47	—	COM	949746101
ATKR	ATKORE INC	8,400	$639K	0.3%	$76.04	$68.08	—	COM	047649108
GM	GENERAL MTRS CO	52,000	$4.008M	1.9%	$77.08	$48.81	—	COM	37045V100
POOL	POOL CORP	10,636	$2.286M	1.1%	$214.90	$353.26	—	COM	73278L105
MGA	MAGNA INTL INC	10,000	$657K	0.3%	$65.66	$38.61	—	COM	559222401
IMO	IMPERIAL OIL LTD	5,000	$561K	0.3%	$112.29	$58.14	—	COM NEW	453038408
KHC	KRAFT HEINZ CO	69,500	$1.642M	0.8%	$23.62	$23.92	—	COM	500754106
HPQ	HP INC	26,500	$581K	0.3%	$21.94	$19.77	—	COM	40434L105
BRK/B	BERKSHIRE HATHAWAY INC DEL	3,100	$1.551M	0.7%	$500.39	$493.47	—	CL B NEW	084670702
CASH	PATHWARD FINANCIAL INC	27,389	$2.384M	1.1%	$87.06	$52.35	—	COM	59100U108
RYAAY	RYANAIR HOLDINGS PLC	5,937	$384K	0.2%	$64.75	$61.69	—	SPONSORED ADS	783513203
LPX	LOUISIANA PAC CORP	5,886	$463K	0.2%	$78.66	$83.52	—	COM	546347105
MCO	MOODYS CORP	1,500	$679K	0.3%	$452.92	$393.01	—	COM	615369105
AGO	ASSURED GUARANTY LTD	16,990	$1.362M	0.6%	$80.16	$80.23	—	COM	G0585R106