Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q4 2013 (← Previous) (Next →)

Filing Date: Feb 11, 2014

Total Value ($000): $352,186 (99.3% shares, 0.7% debt)

Holdings (23)

— RESOLUTE FST PRODS INC 19.2%

Value ($000) $67,721 Shares 4,227,259 Est. Cost $13.24 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 15.2%

Value ($000) $53,370 Shares 300 Est. Cost $165023.42 Unrealized +5.1%

NOK NOKIA CORP 11.5%

Value ($000) $40,550 Shares 5,000,000 Est. Cost $7.67 Unrealized —

— SEARS HLDGS CORP 11.2%

Value ($000) $39,405 Shares 803,526 Est. Cost $44.70 Unrealized —

SNY SANOFI 6.2%

Value ($000) $21,988 Shares 410,000 Est. Cost $51.51 Unrealized —

— JPMORGAN CHASE & CO 6.2%

Value ($000) $21,840 Shares 1,126,347 Est. Cost $15.60 Unrealized —

C CITIGROUP INC 6.1%

Value ($000) $21,365 Shares 410,000 Est. Cost $35.76 Unrealized +5.3%

BBBY OVERSTOCK COM INC DEL 5.1%

Value ($000) $17,928 Shares 582,271 Est. Cost $22.28 Unrealized +20.9%

— WELLS FARGO & CO NEW 4.5%

Value ($000) $15,790 Shares 997,500 Est. Cost $13.67 Unrealized —

GS GOLDMAN SACHS GROUP INC 3.8%

Value ($000) $13,294 Shares 75,000 Est. Cost $120.06 Unrealized +8.8%

MBI MBIA INC 3.7%

Value ($000) $12,905 Shares 1,080,797 Est. Cost $5.48 Unrealized -8.2%

— ACTAVIS PLC 1.7%

Value ($000) $5,947 Shares 35,400 Est. Cost $167.99 Unrealized —

— BANK OF AMERICA CORPORATION 1.5%

Value ($000) $5,414 Shares 836,825 Est. Cost $5.46 Unrealized —

BB BLACKBERRY LTD 1.2%

Value ($000) $4,179 Shares 529,040 Est. Cost $7.99 Unrealized -11.6%

CHT CHUNGHWA TELECOM CO LTD 1.2%

Value ($000) $4,089 Shares 132,088 Est. Cost $32.11 Unrealized —

— LEVEL 3 COMMUNICATIONS INC 0.7%

Value ($000) $2,632 Shares 79,352 Est. Cost $1.36 Unrealized —

— RYANAIR HLDGS PLC 0.2%

Value ($000) $798 Shares 17,000 Est. Cost $51.52 Unrealized —

AZN ASTRAZENECA PLC 0.2%

Value ($000) $766 Shares 13,000 Est. Cost $58.92 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.2%

Value ($000) $533 Shares 25,537 Est. Cost $7.66 Unrealized +52.5%

Value ($000) $486 Shares 10,000 Est. Cost $41.70 Unrealized —

— GLAXOSMITHKLINE PLC 0.1%

Value ($000) $478 Shares 18,000 Est. Cost $26.56 Unrealized —

— VODAFONE GROUP PLC NEW 0.1%

Value ($000) $393 Shares 10,000 Est. Cost $28.70 Unrealized —

— UTSTARCOM HOLDINGS CORP 0.1%

Value ($000) $315 Shares 113,627 Est. Cost $2.75 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	RESOLUTE FST PRODS INC	4,227,259	$67,721	19.2%	$13.24	—	COM	76117W109
BRK/A	BERKSHIRE HATHAWAY INC DEL	300	$53,370	15.2%	$165023.42	+5.1%	CL A	084670108
NOK	NOKIA CORP	5,000,000	$40,550	11.5%	$7.67	—	SPONSORED ADR	654902204
—	SEARS HLDGS CORP	803,526	$39,405	11.2%	$44.70	—	COM	812350106
SNY	SANOFI	410,000	$21,988	6.2%	$51.51	—	SPONSORED ADR	80105N105
—	JPMORGAN CHASE & CO	1,126,347	$21,840	6.2%	$15.60	—	W EXP 10/28/201	46634E114
C	CITIGROUP INC	410,000	$21,365	6.1%	$35.76	+5.3%	COM NEW	172967424
BBBY	OVERSTOCK COM INC DEL	582,271	$17,928	5.1%	$22.28	+20.9%	COM	690370101
—	WELLS FARGO & CO NEW	997,500	$15,790	4.5%	$13.67	—	W EXP 10/28/201	949746119
GS	GOLDMAN SACHS GROUP INC	75,000	$13,294	3.8%	$120.06	+8.8%	COM	38141G104
MBI	MBIA INC	1,080,797	$12,905	3.7%	$5.48	-8.2%	COM	55262C100
—	ACTAVIS PLC	35,400	$5,947	1.7%	$167.99	—	SHS NEW	G0083B108
—	BANK OF AMERICA CORPORATION	836,825	$5,414	1.5%	$5.46	—	W EXP 01/16/201	060505146
BB	BLACKBERRY LTD	529,040	$4,179	1.2%	$7.99	-11.6%	COM	09228F103
CHT	CHUNGHWA TELECOM CO LTD	132,088	$4,089	1.2%	$32.11	—	SPON ADR NEW11	17133Q502
—	LEVEL 3 COMMUNICATIONS INC	79,352	$2,632	0.7%	$1.36	—	NOTE 6.500%10/0	52729NBR0
—	RYANAIR HLDGS PLC	17,000	$798	0.2%	$51.52	—	SPONSORED ADR	783513104
AZN	ASTRAZENECA PLC	13,000	$766	0.2%	$58.92	—	SPONSORED ADR	046353108
CYD	CHINA YUCHAI INTL LTD	25,537	$533	0.2%	$7.66	+52.5%	COM	G21082105
BP	BP PLC	10,000	$486	0.1%	$41.70	—	SPONSORED ADR	055622104
—	GLAXOSMITHKLINE PLC	18,000	$478	0.1%	$26.56	—	SPONSORED ADR	37733W105
—	VODAFONE GROUP PLC NEW	10,000	$393	0.1%	$28.70	—	SPONS ADR NEW	92857W209
—	UTSTARCOM HOLDINGS CORP	113,627	$315	0.1%	$2.75	—	SHS NEW	G9310A114