Chou Associates Management Inc. Long-Term Concentrated

Location: Toronto, Ontario, Canada

CIK: 0001389403 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 14, 2014

Total Value: $362M (100.0% shares, 0.0% debt)

Holdings (23)

— RESOLUTE FST PRODS INC 22.9%

Value $82.72M Shares 4,117,259 Est. Cost $13.24 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 15.5%

Value $56.2M Shares 300 Est. Cost $165023.42 Unrealized +6.4%

— SEARS HLDGS CORP 10.6%

Value $38.38M Shares 803,526 Est. Cost $44.70 Unrealized —

NOK NOKIA CORP 10.1%

Value $36.7M Shares 5,000,000 Est. Cost $7.67 Unrealized —

— JPMORGAN CHASE & CO 6.3%

Value $22.75M Shares 1,126,347 Est. Cost $15.60 Unrealized —

SNY SANOFI 5.9%

Value $21.43M Shares 410,000 Est. Cost $51.51 Unrealized —

C CITIGROUP INC 5.4%

Value $19.52M Shares 410,000 Est. Cost $35.76 Unrealized +3.7%

— WELLS FARGO & CO NEW 5.1%

Value $18.59M Shares 997,500 Est. Cost $13.67 Unrealized —

MBI MBIA INC 4.2%

Value $15.12M Shares 1,080,797 Est. Cost $5.48 Unrealized +1.5%

GS GOLDMAN SACHS GROUP INC 3.4%

Value $12.29M Shares 75,000 Est. Cost $120.06 Unrealized +11.4%

BBBY OVERSTOCK COM INC DEL 3.2%

Value $11.47M Shares 582,271 Est. Cost $22.28 Unrealized +2.4%

— ACTAVIS PLC 2.0%

Value $7.287M Shares 35,400 Est. Cost $167.99 Unrealized —

— BANK OF AMERICA CORPORATION 1.9%

Value $6.879M Shares 836,825 Est. Cost $5.46 Unrealized —

BB BLACKBERRY LTD 1.2%

Value $4.284M Shares 529,040 Est. Cost $7.99 Unrealized +17.4%

CHT CHUNGHWA TELECOM CO LTD 1.1%

Value $4.052M Shares 132,088 Est. Cost $32.11 Unrealized —

— RYANAIR HLDGS PLC 0.3%

Value $1M Shares 17,000 Est. Cost $51.52 Unrealized —

AZN ASTRAZENECA PLC 0.2%

Value $840K Shares 13,000 Est. Cost $58.92 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.1%

Value $541K Shares 25,537 Est. Cost $7.66 Unrealized +42.7%

— GLAXOSMITHKLINE PLC 0.1%

Value $484K Shares 18,000 Est. Cost $26.56 Unrealized —

Value $481K Shares 10,000 Est. Cost $41.70 Unrealized —

— UTSTARCOM HOLDINGS CORP 0.1%

Value $309K Shares 113,627 Est. Cost $2.75 Unrealized —

VOD VODAFONE GROUP PLC NEW 0.1%

Value $201K Shares 5,454 Est. Cost $36.85 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.0%

Value $125K Shares 2,630 Est. Cost $25.87 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	RESOLUTE FST PRODS INC	4,117,259	$82.72M	22.9%	$13.24	—	COM	76117W109
BRK/A	BERKSHIRE HATHAWAY INC DEL	300	$56.2M	15.5%	$165023.42	+6.4%	CL A	084670108
—	SEARS HLDGS CORP	803,526	$38.38M	10.6%	$44.70	—	COM	812350106
NOK	NOKIA CORP	5,000,000	$36.7M	10.1%	$7.67	—	SPONSORED ADR	654902204
—	JPMORGAN CHASE & CO	1,126,347	$22.75M	6.3%	$15.60	—	W EXP 10/28/201	46634E114
SNY	SANOFI	410,000	$21.43M	5.9%	$51.51	—	SPONSORED ADR	80105N105
C	CITIGROUP INC	410,000	$19.52M	5.4%	$35.76	+3.7%	COM NEW	172967424
—	WELLS FARGO & CO NEW	997,500	$18.59M	5.1%	$13.67	—	W EXP 10/28/201	949746119
MBI	MBIA INC	1,080,797	$15.12M	4.2%	$5.48	+1.5%	COM	55262C100
GS	GOLDMAN SACHS GROUP INC	75,000	$12.29M	3.4%	$120.06	+11.4%	COM	38141G104
BBBY	OVERSTOCK COM INC DEL	582,271	$11.47M	3.2%	$22.28	+2.4%	COM	690370101
—	ACTAVIS PLC	35,400	$7.287M	2.0%	$167.99	—	SHS NEW	G0083B108
—	BANK OF AMERICA CORPORATION	836,825	$6.879M	1.9%	$5.46	—	W EXP 01/16/201	060505146
BB	BLACKBERRY LTD	529,040	$4.284M	1.2%	$7.99	+17.4%	COM	09228F103
CHT	CHUNGHWA TELECOM CO LTD	132,088	$4.052M	1.1%	$32.11	—	SPON ADR NEW11	17133Q502
—	RYANAIR HLDGS PLC	17,000	$1M	0.3%	$51.52	—	SPONSORED ADR	783513104
AZN	ASTRAZENECA PLC	13,000	$840K	0.2%	$58.92	—	SPONSORED ADR	046353108
CYD	CHINA YUCHAI INTL LTD	25,537	$541K	0.1%	$7.66	+42.7%	COM	G21082105
—	GLAXOSMITHKLINE PLC	18,000	$484K	0.1%	$26.56	—	SPONSORED ADR	37733W105
BP	BP PLC	10,000	$481K	0.1%	$41.70	—	SPONSORED ADR	055622104
—	UTSTARCOM HOLDINGS CORP	113,627	$309K	0.1%	$2.75	—	SHS NEW	G9310A114
VOD	VODAFONE GROUP PLC NEW	5,454	$201K	0.1%	$36.85	—	SPONS ADR NO PAR	92857W308
VZ	VERIZON COMMUNICATIONS INC	2,630	$125K	0.0%	$25.87	0.0%	COM	92343V104