Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q4 2015 (← Previous) (Next →)

Filing Date: Feb 16, 2016

Total Value ($000): $466,927 (100.0% shares, 0.0% debt)

Holdings (24)

— ASCENT CAP GROUP INC 37.8%

Value ($000) $176,575 Shares 2,683,000 Est. Cost $1.01 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 12.7%

Value ($000) $59,340 Shares 300 Est. Cost $165023.42 Unrealized +22.0%

— RESOLUTE FST PRODS INC 7.6%

Value ($000) $35,616 Shares 4,704,909 Est. Cost $12.52 Unrealized —

— JPMORGAN CHASE & CO 5.7%

Value ($000) $26,683 Shares 1,126,347 Est. Cost $20.81 Unrealized —

NOK NOKIA CORP 5.6%

Value ($000) $26,325 Shares 3,750,000 Est. Cost $7.67 Unrealized —

C CITIGROUP INC 4.5%

Value ($000) $21,217 Shares 410,000 Est. Cost $35.76 Unrealized +10.8%

— WELLS FARGO & CO NEW 4.4%

Value ($000) $20,439 Shares 997,500 Est. Cost $13.67 Unrealized —

— SEARS HLDGS CORP 3.9%

Value ($000) $18,423 Shares 896,088 Est. Cost $43.49 Unrealized —

SNY SANOFI 3.7%

Value ($000) $17,486 Shares 410,000 Est. Cost $51.51 Unrealized —

GS GOLDMAN SACHS GROUP INC 2.9%

Value ($000) $13,517 Shares 75,000 Est. Cost $120.06 Unrealized +25.9%

— SEARS HOMETOWN & OUTLET STOR 2.3%

Value ($000) $10,578 Shares 1,322,209 Est. Cost $16.00 Unrealized —

BBBY OVERSTOCK COM INC DEL 1.5%

Value ($000) $7,150 Shares 582,271 Est. Cost $22.28 Unrealized -34.7%

MBI MBIA INC 1.5%

Value ($000) $7,004 Shares 1,080,797 Est. Cost $5.48 Unrealized -46.0%

— ASCENT CAP GROUP INC 1.2%

Value ($000) $5,685 Shares 340,000 Est. Cost $26.65 Unrealized —

BB BLACKBERRY LTD 1.1%

Value ($000) $4,909 Shares 529,040 Est. Cost $7.99 Unrealized -3.8%

— BANK OF AMERICA CORPORATION 1.0%

Value ($000) $4,862 Shares 836,825 Est. Cost $5.46 Unrealized —

SRSCQ SEARS CDA INC 0.8%

Value ($000) $3,961 Shares 775,149 Est. Cost $12.48 Unrealized 0.0%

— CHICAGO BRIDGE & IRON CO N C 0.6%

Value ($000) $2,630 Shares 67,446 Est. Cost $39.68 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.3%

Value ($000) $1,433 Shares 16,575 Est. Cost $86.46 Unrealized —

AZN ASTRAZENECA PLC 0.2%

Value ($000) $885 Shares 13,000 Est. Cost $58.92 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.2%

Value ($000) $789 Shares 73,364 Est. Cost $8.06 Unrealized -14.3%

Value ($000) $743 Shares 21,000 Est. Cost $35.05 Unrealized —

— GLAXOSMITHKLINE PLC 0.1%

Value ($000) $364 Shares 18,000 Est. Cost $26.56 Unrealized —

Value ($000) $313 Shares 10,000 Est. Cost $41.70 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ASCENT CAP GROUP INC	2,683,000	$176,575	37.8%	$1.01	—	NOTE 4.000% 7/1	043632AA6
BRK/A	BERKSHIRE HATHAWAY INC DEL	300	$59,340	12.7%	$165023.42	+22.0%	CL A	084670108
—	RESOLUTE FST PRODS INC	4,704,909	$35,616	7.6%	$12.52	—	COM	76117W109
—	JPMORGAN CHASE & CO	1,126,347	$26,683	5.7%	$20.81	—	W EXP 10/28/201	46634E114
NOK	NOKIA CORP	3,750,000	$26,325	5.6%	$7.67	—	SPONSORED ADR	654902204
C	CITIGROUP INC	410,000	$21,217	4.5%	$35.76	+10.8%	COM NEW	172967424
—	WELLS FARGO & CO NEW	997,500	$20,439	4.4%	$13.67	—	W EXP 10/28/201	949746119
—	SEARS HLDGS CORP	896,088	$18,423	3.9%	$43.49	—	COM	812350106
SNY	SANOFI	410,000	$17,486	3.7%	$51.51	—	SPONSORED ADR	80105N105
GS	GOLDMAN SACHS GROUP INC	75,000	$13,517	2.9%	$120.06	+25.9%	COM	38141G104
—	SEARS HOMETOWN & OUTLET STOR	1,322,209	$10,578	2.3%	$16.00	—	COM	812362101
BBBY	OVERSTOCK COM INC DEL	582,271	$7,150	1.5%	$22.28	-34.7%	COM	690370101
MBI	MBIA INC	1,080,797	$7,004	1.5%	$5.48	-46.0%	COM	55262C100
—	ASCENT CAP GROUP INC	340,000	$5,685	1.2%	$26.65	—	COM	43632108
BB	BLACKBERRY LTD	529,040	$4,909	1.1%	$7.99	-3.8%	COM	09228F103
—	BANK OF AMERICA CORPORATION	836,825	$4,862	1.0%	$5.46	—	W EXP 01/16/201	060505146
SRSCQ	SEARS CDA INC	775,149	$3,961	0.8%	$12.48	0.0%	COM	81234D109
—	CHICAGO BRIDGE & IRON CO N C	67,446	$2,630	0.6%	$39.68	—	COM	16725109
RYAAY	RYANAIR HLDGS PLC	16,575	$1,433	0.3%	$86.46	—	SPONSORED ADR	783513203
AZN	ASTRAZENECA PLC	13,000	$885	0.2%	$58.92	—	SPONSORED ADR	046353108
CYD	CHINA YUCHAI INTL LTD	73,364	$789	0.2%	$8.06	-14.3%	COM	G21082105
PKX	POSCO	21,000	$743	0.2%	$35.05	—	SPONSORED ADR	693483109
—	GLAXOSMITHKLINE PLC	18,000	$364	0.1%	$26.56	—	SPONSORED ADR	37733W105
BP	BP PLC	10,000	$313	0.1%	$41.70	—	SPONSORED ADR	055622104