Chou Associates Management Inc. Long-Term Concentrated

Location: Toronto, Ontario, Canada

CIK: 0001389403 · Show all filings

Period: Q2 2016 (← Previous) (Next →)

Filing Date: Aug 11, 2016

Total Value: $262M (100.0% shares, 0.0% debt)

Holdings (27)

BRK/A BERKSHIRE HATHAWAY INC DEL 12.4%

Value $32.55M Shares 150 Est. Cost $165023.42 Unrealized +30.0%

— VALEANT PHARMACEUTICALS INT INC 11.1%

Value $29.14M Shares 1,446,843 Est. Cost $24.32 Unrealized —

— RESOLUTE FST PRODS INC 9.9%

Value $25.95M Shares 4,904,752 Est. Cost $12.24 Unrealized —

— JPMORGAN CHASE & CO 8.7%

Value $22.81M Shares 1,126,347 Est. Cost $20.81 Unrealized —

NOK NOKIA CORP 8.1%

Value $21.34M Shares 3,750,000 Est. Cost $7.67 Unrealized —

— SEARS HLDGS CORP 7.4%

Value $19.48M Shares 1,431,610 Est. Cost $32.48 Unrealized —

C CITIGROUP INC 6.6%

Value $17.38M Shares 410,000 Est. Cost $35.76 Unrealized -7.5%

SNY SANOFI 6.5%

Value $17.16M Shares 410,000 Est. Cost $51.51 Unrealized —

— WELLS FARGO & CO NEW 5.2%

Value $13.59M Shares 997,500 Est. Cost $13.67 Unrealized —

GS GOLDMAN SACHS GROUP INC 4.3%

Value $11.14M Shares 75,000 Est. Cost $120.06 Unrealized +6.5%

BBBY OVERSTOCK COM INC DEL 3.6%

Value $9.38M Shares 582,271 Est. Cost $22.28 Unrealized -28.8%

— SEARS HOMETOWN & OUTLET STOR 3.4%

Value $8.912M Shares 1,322,209 Est. Cost $16.00 Unrealized —

MBI MBIA INC 2.8%

Value $7.382M Shares 1,080,797 Est. Cost $5.48 Unrealized -40.8%

— ASCENT CAP GROUP INC 2.0%

Value $5.233M Shares 340,000 Est. Cost $15.39 Unrealized —

BB BLACKBERRY LTD 1.4%

Value $3.55M Shares 529,040 Est. Cost $7.99 Unrealized -12.5%

— COMPUCREDIT HLDGS CORP 1.3%

Value $3.432M Shares 7,800,000 Est. Cost $0.44 Unrealized —

— BANK AMER CORP 1.1%

Value $2.912M Shares 836,825 Est. Cost $5.46 Unrealized —

— CHICAGO BRIDGE & IRON CO N V 0.9%

Value $2.336M Shares 67,446 Est. Cost $34.64 Unrealized —

SRSCQ SEARS CDA INC 0.9%

Value $2.31M Shares 775,149 Est. Cost $12.48 Unrealized 0.0%

— ASCENT CAP GROUP INC 0.6%

Value $1.524M Shares 2,683,000 Est. Cost $1.01 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.4%

Value $1.153M Shares 16,575 Est. Cost $86.46 Unrealized —

Value $935K Shares 21,000 Est. Cost $35.05 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.3%

Value $794K Shares 73,364 Est. Cost $8.06 Unrealized -22.7%

AZN ASTRAZENECA PLC 0.3%

Value $773K Shares 13,000 Est. Cost $58.92 Unrealized —

— GLAXOSMITHKLINE PLC 0.1%

Value $384K Shares 18,000 Est. Cost $26.56 Unrealized —

Value $355K Shares 10,000 Est. Cost $41.70 Unrealized —

— GENERAL MTRS CO 0.1%

Value $136K Shares 13,019 Est. Cost $10.45 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	BERKSHIRE HATHAWAY INC DEL	150	$32.55M	12.4%	$165023.42	+30.0%	CL A	084670108
—	VALEANT PHARMACEUTICALS INT INC	1,446,843	$29.14M	11.1%	$24.32	—	COM	91911K102
—	RESOLUTE FST PRODS INC	4,904,752	$25.95M	9.9%	$12.24	—	COM	76117W109
—	JPMORGAN CHASE & CO	1,126,347	$22.81M	8.7%	$20.81	—	W EXP 10/28/201	46634E114
NOK	NOKIA CORP	3,750,000	$21.34M	8.1%	$7.67	—	SPONSORED ADR	654902204
—	SEARS HLDGS CORP	1,431,610	$19.48M	7.4%	$32.48	—	COM	812350106
C	CITIGROUP INC	410,000	$17.38M	6.6%	$35.76	-7.5%	COM NEW	172967424
SNY	SANOFI	410,000	$17.16M	6.5%	$51.51	—	SPONSORED ADR	80105N105
—	WELLS FARGO & CO NEW	997,500	$13.59M	5.2%	$13.67	—	W EXP 10/28/201	949746119
GS	GOLDMAN SACHS GROUP INC	75,000	$11.14M	4.3%	$120.06	+6.5%	COM	38141G104
BBBY	OVERSTOCK COM INC DEL	582,271	$9.38M	3.6%	$22.28	-28.8%	COM	690370101
—	SEARS HOMETOWN & OUTLET STOR	1,322,209	$8.912M	3.4%	$16.00	—	COM	812362101
MBI	MBIA INC	1,080,797	$7.382M	2.8%	$5.48	-40.8%	COM	55262C100
—	ASCENT CAP GROUP INC	340,000	$5.233M	2.0%	$15.39	—	COM	043632108
BB	BLACKBERRY LTD	529,040	$3.55M	1.4%	$7.99	-12.5%	COM	09228F103
—	COMPUCREDIT HLDGS CORP	7,800,000	$3.432M	1.3%	$0.44	—	NOTE 5.875%11/3	20478NAD2
—	BANK AMER CORP	836,825	$2.912M	1.1%	$5.46	—	W EXP 01/16/201	060505146
—	CHICAGO BRIDGE & IRON CO N V	67,446	$2.336M	0.9%	$34.64	—	COM	167250109
SRSCQ	SEARS CDA INC	775,149	$2.31M	0.9%	$12.48	0.0%	COM	81234D109
—	ASCENT CAP GROUP INC	2,683,000	$1.524M	0.6%	$1.01	—	NOTE 4.000% 7/1	043632AA6
RYAAY	RYANAIR HLDGS PLC	16,575	$1.153M	0.4%	$86.46	—	SPONSORED ADR	783513203
PKX	POSCO	21,000	$935K	0.4%	$35.05	—	SPONSORED ADR	693483109
CYD	CHINA YUCHAI INTL LTD	73,364	$794K	0.3%	$8.06	-22.7%	COM	G21082105
AZN	ASTRAZENECA PLC	13,000	$773K	0.3%	$58.92	—	SPONSORED ADR	046353108
—	GLAXOSMITHKLINE PLC	18,000	$384K	0.1%	$26.56	—	SPONSORED ADR	37733W105
BP	BP PLC	10,000	$355K	0.1%	$41.70	—	SPONSORED ADR	055622104
—	GENERAL MTRS CO	13,019	$136K	0.1%	$10.45	—	W EXP 07/10/201	37045V126