Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q4 2014 (← Previous) (Next →)

Filing Date: Feb 13, 2015

Total Value ($000): $382,148 (100.0% shares, 0.0% debt)

Holdings (23)

— RESOLUTE FST PRODS INC 18.8%

Value ($000) $71,899 Shares 4,081,218 Est. Cost $13.24 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 17.7%

Value ($000) $67,826 Shares 300 Est. Cost $165023.42 Unrealized +31.2%

NOK NOKIA CORP 10.3%

Value ($000) $39,316 Shares 5,000,000 Est. Cost $7.67 Unrealized —

— SEARS HLDGS CORP 7.7%

Value ($000) $29,565 Shares 896,088 Est. Cost $43.49 Unrealized —

— JPMORGAN CHASE & CO 6.1%

Value ($000) $23,437 Shares 1,126,347 Est. Cost $20.81 Unrealized —

C CITIGROUP INC 5.8%

Value ($000) $22,194 Shares 410,000 Est. Cost $35.76 Unrealized +10.6%

— WELLS FARGO & CO NEW 5.6%

Value ($000) $21,315 Shares 997,500 Est. Cost $13.67 Unrealized —

SNY SANOFI 4.9%

Value ($000) $18,707 Shares 410,000 Est. Cost $51.51 Unrealized —

— SEARS HOMETOWN & OUTLET STOR 4.6%

Value ($000) $17,394 Shares 1,322,209 Est. Cost $16.00 Unrealized —

GS GOLDMAN SACHS GROUP INC 3.8%

Value ($000) $14,543 Shares 75,000 Est. Cost $120.06 Unrealized +25.7%

BBBY OVERSTOCK COM INC DEL 3.7%

Value ($000) $14,138 Shares 582,271 Est. Cost $22.28 Unrealized +0.9%

MBI MBIA INC 2.7%

Value ($000) $10,341 Shares 1,080,797 Est. Cost $5.48 Unrealized -23.2%

SRSCQ SEARS CDA INC 2.0%

Value ($000) $7,474 Shares 775,149 Est. Cost $12.48 Unrealized 0.0%

— BANK OF AMERICA CORPORATION 1.5%

Value ($000) $5,893 Shares 836,825 Est. Cost $5.46 Unrealized —

BB BLACKBERRY LTD 1.5%

Value ($000) $5,810 Shares 529,040 Est. Cost $7.99 Unrealized +28.2%

CHT CHUNGHWA TELECOM CO LTD 1.0%

Value ($000) $3,888 Shares 132,088 Est. Cost $32.11 Unrealized —

— CHICAGO BRIDGE & IRON CO N C 0.7%

Value ($000) $2,833 Shares 67,446 Est. Cost $42.00 Unrealized —

— ASCENT CAP GROUP INC 0.6%

Value ($000) $2,215 Shares 2,683,000 Est. Cost $1.01 Unrealized —

— RYANAIR HLDGS PLC 0.3%

Value ($000) $1,212 Shares 17,000 Est. Cost $51.52 Unrealized —

AZN ASTRAZENECA PLC 0.2%

Value ($000) $923 Shares 13,000 Est. Cost $58.92 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.1%

Value ($000) $458 Shares 25,537 Est. Cost $7.66 Unrealized +25.1%

— GLAXOSMITHKLINE PLC 0.1%

Value ($000) $386 Shares 18,000 Est. Cost $26.56 Unrealized —

Value ($000) $381 Shares 10,000 Est. Cost $41.70 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	RESOLUTE FST PRODS INC	4,081,218	$71,899	18.8%	$13.24	—	COM	76117W109
BRK/A	BERKSHIRE HATHAWAY INC DEL	300	$67,826	17.7%	$165023.42	+31.2%	CL A	084670108
NOK	NOKIA CORP	5,000,000	$39,316	10.3%	$7.67	—	SPONSORED ADR	654902204
—	SEARS HLDGS CORP	896,088	$29,565	7.7%	$43.49	—	COM	812350106
—	JPMORGAN CHASE & CO	1,126,347	$23,437	6.1%	$20.81	—	W EXP 10/28/201	46634E114
C	CITIGROUP INC	410,000	$22,194	5.8%	$35.76	+10.6%	COM NEW	172967424
—	WELLS FARGO & CO NEW	997,500	$21,315	5.6%	$13.67	—	W EXP 10/28/201	949746119
SNY	SANOFI	410,000	$18,707	4.9%	$51.51	—	SPONSORED ADR	80105N105
—	SEARS HOMETOWN & OUTLET STOR	1,322,209	$17,394	4.6%	$16.00	—	COM	812362101
GS	GOLDMAN SACHS GROUP INC	75,000	$14,543	3.8%	$120.06	+25.7%	COM	38141G104
BBBY	OVERSTOCK COM INC DEL	582,271	$14,138	3.7%	$22.28	+0.9%	COM	690370101
MBI	MBIA INC	1,080,797	$10,341	2.7%	$5.48	-23.2%	COM	55262C100
SRSCQ	SEARS CDA INC	775,149	$7,474	2.0%	$12.48	0.0%	COM	81234D109
—	BANK OF AMERICA CORPORATION	836,825	$5,893	1.5%	$5.46	—	W EXP 01/16/201	060505146
BB	BLACKBERRY LTD	529,040	$5,810	1.5%	$7.99	+28.2%	COM	09228F103
CHT	CHUNGHWA TELECOM CO LTD	132,088	$3,888	1.0%	$32.11	—	SPON ADR NEW11	17133Q502
—	CHICAGO BRIDGE & IRON CO N C	67,446	$2,833	0.7%	$42.00	—	COM	167250109
—	ASCENT CAP GROUP INC	2,683,000	$2,215	0.6%	$1.01	—	NOTE 4.000% 7/1	043632AA6
—	RYANAIR HLDGS PLC	17,000	$1,212	0.3%	$51.52	—	SPONSORED ADR	783513104
AZN	ASTRAZENECA PLC	13,000	$923	0.2%	$58.92	—	SPONSORED ADR	046353108
CYD	CHINA YUCHAI INTL LTD	25,537	$458	0.1%	$7.66	+25.1%	COM	G21082105
—	GLAXOSMITHKLINE PLC	18,000	$386	0.1%	$26.56	—	SPONSORED ADR	37733W105
BP	BP PLC	10,000	$381	0.1%	$41.70	—	SPONSORED ADR	055622104