Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q1 2016 (← Previous) (Next →)

Filing Date: May 18, 2016

Total Value ($000): $308,041 (100.0% shares, 0.0% debt)

Holdings (25)

— ASCENT CAP GROUP INC 12.9%

Value ($000) $39,788 Shares 2,683,000 Est. Cost $1.01 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 10.4%

Value ($000) $32,060 Shares 150 Est. Cost $165023.42 Unrealized +20.9%

— RESOLUTE FST PRODS INC 8.8%

Value ($000) $27,061 Shares 4,904,752 Est. Cost $12.24 Unrealized —

— VALEANT PHARMACEUTICALS INT INC 8.4%

Value ($000) $25,725 Shares 976,843 Est. Cost $26.33 Unrealized —

NOK NOKIA CORP 7.2%

Value ($000) $22,192 Shares 3,750,000 Est. Cost $7.67 Unrealized —

— ASCENT CAP GROUP INC 6.9%

Value ($000) $21,172 Shares 340,000 Est. Cost $26.65 Unrealized —

— JPMORGAN CHASE & CO 6.5%

Value ($000) $19,963 Shares 1,126,347 Est. Cost $20.81 Unrealized —

C CITIGROUP INC 5.6%

Value ($000) $17,140 Shares 410,000 Est. Cost $35.76 Unrealized -12.6%

SNY SANOFI 5.4%

Value ($000) $16,488 Shares 410,000 Est. Cost $51.51 Unrealized —

— SEARS HLDGS CORP 5.1%

Value ($000) $15,815 Shares 1,031,610 Est. Cost $39.79 Unrealized —

— WELLS FARGO & CO NEW 5.1%

Value ($000) $15,642 Shares 997,500 Est. Cost $13.67 Unrealized —

GS GOLDMAN SACHS GROUP INC 3.8%

Value ($000) $11,789 Shares 75,000 Est. Cost $120.06 Unrealized +5.1%

MBI MBIA INC 3.1%

Value ($000) $9,578 Shares 1,080,797 Est. Cost $5.48 Unrealized -42.0%

— SEARS HOMETOWN & OUTLET STOR 2.8%

Value ($000) $8,500 Shares 1,322,209 Est. Cost $16.00 Unrealized —

BBBY OVERSTOCK COM INC DEL 2.7%

Value ($000) $8,384 Shares 582,271 Est. Cost $22.28 Unrealized -41.7%

BB BLACKBERRY LTD 1.4%

Value ($000) $4,299 Shares 529,040 Est. Cost $7.99 Unrealized -6.0%

— BANK OF AMERICA CORPORATION 1.1%

Value ($000) $3,260 Shares 836,825 Est. Cost $5.46 Unrealized —

— CHICAGO BRIDGE & IRON CO N C 0.8%

Value ($000) $2,471 Shares 67,446 Est. Cost $39.68 Unrealized —

SRSCQ SEARS CDA INC 0.7%

Value ($000) $2,173 Shares 775,149 Est. Cost $12.48 Unrealized 0.0%

RYAAY RYANAIR HLDGS PLC 0.5%

Value ($000) $1,424 Shares 16,575 Est. Cost $86.46 Unrealized —

Value ($000) $995 Shares 21,000 Est. Cost $35.05 Unrealized —

AZN ASTRAZENECA PLC 0.2%

Value ($000) $730 Shares 13,000 Est. Cost $58.92 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.2%

Value ($000) $724 Shares 73,364 Est. Cost $8.06 Unrealized -31.8%

— GLAXOSMITHKLINE PLC 0.1%

Value ($000) $366 Shares 18,000 Est. Cost $26.56 Unrealized —

Value ($000) $302 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	$39,788	12.9%	$1.01	—	NOTE 4.000% 7/1	043632AA6
BRK/A	BERKSHIRE HATHAWAY INC DEL	150	$32,060	10.4%	$165023.42	+20.9%	CL A	084670108
—	RESOLUTE FST PRODS INC	4,904,752	$27,061	8.8%	$12.24	—	COM	76117W109
—	VALEANT PHARMACEUTICALS INT INC	976,843	$25,725	8.4%	$26.33	—	COM	91911K102
NOK	NOKIA CORP	3,750,000	$22,192	7.2%	$7.67	—	SPONSORED ADR	654902204
—	ASCENT CAP GROUP INC	340,000	$21,172	6.9%	$26.65	—	COM	43632108
—	JPMORGAN CHASE & CO	1,126,347	$19,963	6.5%	$20.81	—	W EXP 10/28/201	46634E114
C	CITIGROUP INC	410,000	$17,140	5.6%	$35.76	-12.6%	COM NEW	172967424
SNY	SANOFI	410,000	$16,488	5.4%	$51.51	—	SPONSORED ADR	80105N105
—	SEARS HLDGS CORP	1,031,610	$15,815	5.1%	$39.79	—	COM	812350106
—	WELLS FARGO & CO NEW	997,500	$15,642	5.1%	$13.67	—	W EXP 10/28/201	949746119
GS	GOLDMAN SACHS GROUP INC	75,000	$11,789	3.8%	$120.06	+5.1%	COM	38141G104
MBI	MBIA INC	1,080,797	$9,578	3.1%	$5.48	-42.0%	COM	55262C100
—	SEARS HOMETOWN & OUTLET STOR	1,322,209	$8,500	2.8%	$16.00	—	COM	812362101
BBBY	OVERSTOCK COM INC DEL	582,271	$8,384	2.7%	$22.28	-41.7%	COM	690370101
BB	BLACKBERRY LTD	529,040	$4,299	1.4%	$7.99	-6.0%	COM	09228F103
—	BANK OF AMERICA CORPORATION	836,825	$3,260	1.1%	$5.46	—	W EXP 01/16/201	060505146
—	CHICAGO BRIDGE & IRON CO N C	67,446	$2,471	0.8%	$39.68	—	COM	16725109
SRSCQ	SEARS CDA INC	775,149	$2,173	0.7%	$12.48	0.0%	COM	81234D109
RYAAY	RYANAIR HLDGS PLC	16,575	$1,424	0.5%	$86.46	—	SPONSORED ADR	783513203
PKX	POSCO	21,000	$995	0.3%	$35.05	—	SPONSORED ADR	693483109
AZN	ASTRAZENECA PLC	13,000	$730	0.2%	$58.92	—	SPONSORED ADR	046353108
CYD	CHINA YUCHAI INTL LTD	73,364	$724	0.2%	$8.06	-31.8%	COM	G21082105
—	GLAXOSMITHKLINE PLC	18,000	$366	0.1%	$26.56	—	SPONSORED ADR	37733W105
BP	BP PLC	10,000	$302	0.1%	$41.70	—	SPONSORED ADR	055622104