Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q1 2015 (← Previous) (Next →)

Filing Date: Apr 13, 2015

Total Value ($000): $381,045 (100.0% shares, 0.0% debt)

Holdings (25)

— RESOLUTE FST PRODS INC 18.5%

Value ($000) $70,407 Shares 4,081,218 Est. Cost $13.24 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 17.1%

Value ($000) $65,256 Shares 300 Est. Cost $165023.42 Unrealized +33.9%

NOK NOKIA CORP 9.9%

Value ($000) $37,903 Shares 5,000,000 Est. Cost $7.67 Unrealized —

— SEARS HLDGS CORP 9.7%

Value ($000) $37,083 Shares 896,088 Est. Cost $43.49 Unrealized —

— JPMORGAN CHASE & CO 6.5%

Value ($000) $24,793 Shares 1,126,347 Est. Cost $20.81 Unrealized —

C CITIGROUP INC 5.5%

Value ($000) $21,125 Shares 410,000 Est. Cost $35.76 Unrealized +6.1%

— WELLS FARGO & CO NEW 5.4%

Value ($000) $20,441 Shares 997,500 Est. Cost $13.67 Unrealized —

SNY SANOFI 5.3%

Value ($000) $20,272 Shares 410,000 Est. Cost $51.51 Unrealized —

BBBY OVERSTOCK COM INC DEL 3.7%

Value ($000) $14,104 Shares 582,271 Est. Cost $22.28 Unrealized +3.7%

GS GOLDMAN SACHS GROUP INC 3.7%

Value ($000) $14,099 Shares 75,000 Est. Cost $120.06 Unrealized +24.8%

— SEARS HOMETOWN & OUTLET STOR 2.7%

Value ($000) $10,208 Shares 1,322,209 Est. Cost $16.00 Unrealized —

MBI MBIA INC 2.6%

Value ($000) $10,052 Shares 1,080,797 Est. Cost $5.48 Unrealized -29.1%

SRSCQ SEARS CDA INC 1.9%

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

— ASCENT CAP GROUP INC 1.5%

Value ($000) $5,574 Shares 140,000 Est. Cost $39.81 Unrealized —

— BANK OF AMERICA CORPORATION 1.3%

Value ($000) $4,913 Shares 836,825 Est. Cost $5.46 Unrealized —

BB BLACKBERRY LTD 1.2%

Value ($000) $4,710 Shares 529,040 Est. Cost $7.99 Unrealized +27.2%

CHT CHUNGHWA TELECOM CO LTD 1.1%

Value ($000) $4,236 Shares 132,088 Est. Cost $32.11 Unrealized —

— CHICAGO BRIDGE & IRON CO N C 0.9%

Value ($000) $3,323 Shares 67,446 Est. Cost $42.00 Unrealized —

— ASCENT CAP GROUP INC 0.5%

Value ($000) $2,046 Shares 2,683,000 Est. Cost $1.01 Unrealized —

— RYANAIR HLDGS PLC 0.3%

Value ($000) $1,135 Shares 17,000 Est. Cost $51.52 Unrealized —

AZN ASTRAZENECA PLC 0.2%

Value ($000) $893 Shares 13,000 Est. Cost $58.92 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.1%

Value ($000) $504 Shares 25,537 Est. Cost $7.66 Unrealized +34.6%

— GLAXOSMITHKLINE PLC 0.1%

Value ($000) $413 Shares 18,000 Est. Cost $26.56 Unrealized —

Value ($000) $391 Shares 10,000 Est. Cost $41.70 Unrealized —

— SEARS HLDGS CORP 0.0%

Value ($000) $15 Shares 581 Est. Cost $25.82 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	RESOLUTE FST PRODS INC	4,081,218	$70,407	18.5%	$13.24	—	COM	76117W109
BRK/A	BERKSHIRE HATHAWAY INC DEL	300	$65,256	17.1%	$165023.42	+33.9%	CL A	084670108
NOK	NOKIA CORP	5,000,000	$37,903	9.9%	$7.67	—	SPONSORED ADR	654902204
—	SEARS HLDGS CORP	896,088	$37,083	9.7%	$43.49	—	COM	812350106
—	JPMORGAN CHASE & CO	1,126,347	$24,793	6.5%	$20.81	—	W EXP 10/28/201	46634E114
C	CITIGROUP INC	410,000	$21,125	5.5%	$35.76	+6.1%	COM NEW	172967424
—	WELLS FARGO & CO NEW	997,500	$20,441	5.4%	$13.67	—	W EXP 10/28/201	949746119
SNY	SANOFI	410,000	$20,272	5.3%	$51.51	—	SPONSORED ADR	80105N105
BBBY	OVERSTOCK COM INC DEL	582,271	$14,104	3.7%	$22.28	+3.7%	COM	690370101
GS	GOLDMAN SACHS GROUP INC	75,000	$14,099	3.7%	$120.06	+24.8%	COM	38141G104
—	SEARS HOMETOWN & OUTLET STOR	1,322,209	$10,208	2.7%	$16.00	—	COM	812362101
MBI	MBIA INC	1,080,797	$10,052	2.6%	$5.48	-29.1%	COM	55262C100
SRSCQ	SEARS CDA INC	775,149	$7,149	1.9%	$12.48	0.0%	COM	81234D109
—	ASCENT CAP GROUP INC	140,000	$5,574	1.5%	$39.81	—	COM	043632108
—	BANK OF AMERICA CORPORATION	836,825	$4,913	1.3%	$5.46	—	W EXP 01/16/201	060505146
BB	BLACKBERRY LTD	529,040	$4,710	1.2%	$7.99	+27.2%	COM	09228F103
CHT	CHUNGHWA TELECOM CO LTD	132,088	$4,236	1.1%	$32.11	—	SPON ADR NEW11	17133Q502
—	CHICAGO BRIDGE & IRON CO N C	67,446	$3,323	0.9%	$42.00	—	COM	167250109
—	ASCENT CAP GROUP INC	2,683,000	$2,046	0.5%	$1.01	—	NOTE 4.000% 7/1	043632AA6
—	RYANAIR HLDGS PLC	17,000	$1,135	0.3%	$51.52	—	SPONSORED ADR	783513104
AZN	ASTRAZENECA PLC	13,000	$893	0.2%	$58.92	—	SPONSORED ADR	046353108
CYD	CHINA YUCHAI INTL LTD	25,537	$504	0.1%	$7.66	+34.6%	COM	G21082105
—	GLAXOSMITHKLINE PLC	18,000	$413	0.1%	$26.56	—	SPONSORED ADR	37733W105
BP	BP PLC	10,000	$391	0.1%	$41.70	—	SPONSORED ADR	055622104
—	SEARS HLDGS CORP	581	$15	0.0%	$25.82	—	W EXP 12/15/201	812350155