Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q2 2016 (← Previous) (Next →)

Filing Date: Aug 11, 2016

Total Value ($000): $262,030 (100.0% shares, 0.0% debt)

Holdings (27)

BRK/A BERKSHIRE HATHAWAY INC DEL 12.4%

Value ($000) $32,546 Shares 150 Est. Cost $165023.42 Unrealized +30.0%

— VALEANT PHARMACEUTICALS INT INC 11.1%

Value ($000) $29,139 Shares 1,446,843 Est. Cost $24.32 Unrealized —

— RESOLUTE FST PRODS INC 9.9%

Value ($000) $25,946 Shares 4,904,752 Est. Cost $12.24 Unrealized —

— JPMORGAN CHASE & CO 8.7%

Value ($000) $22,809 Shares 1,126,347 Est. Cost $20.81 Unrealized —

NOK NOKIA CORP 8.1%

Value ($000) $21,337 Shares 3,750,000 Est. Cost $7.67 Unrealized —

— SEARS HLDGS CORP 7.4%

Value ($000) $19,484 Shares 1,431,610 Est. Cost $32.48 Unrealized —

C CITIGROUP INC 6.6%

Value ($000) $17,380 Shares 410,000 Est. Cost $35.76 Unrealized -7.5%

SNY SANOFI 6.5%

Value ($000) $17,158 Shares 410,000 Est. Cost $51.51 Unrealized —

— WELLS FARGO & CO NEW 5.2%

Value ($000) $13,586 Shares 997,500 Est. Cost $13.67 Unrealized —

GS GOLDMAN SACHS GROUP INC 4.3%

Value ($000) $11,144 Shares 75,000 Est. Cost $120.06 Unrealized +6.5%

BBBY OVERSTOCK COM INC DEL 3.6%

Value ($000) $9,380 Shares 582,271 Est. Cost $22.28 Unrealized -28.8%

— SEARS HOMETOWN & OUTLET STOR 3.4%

Value ($000) $8,912 Shares 1,322,209 Est. Cost $16.00 Unrealized —

MBI MBIA INC 2.8%

Value ($000) $7,382 Shares 1,080,797 Est. Cost $5.48 Unrealized -40.8%

— ASCENT CAP GROUP INC 2.0%

Value ($000) $5,233 Shares 340,000 Est. Cost $15.39 Unrealized —

BB BLACKBERRY LTD 1.4%

Value ($000) $3,550 Shares 529,040 Est. Cost $7.99 Unrealized -12.5%

— COMPUCREDIT HLDGS CORP 1.3%

Value ($000) $3,432 Shares 7,800,000 Est. Cost $0.44 Unrealized —

— BANK AMER CORP 1.1%

Value ($000) $2,912 Shares 836,825 Est. Cost $5.46 Unrealized —

— CHICAGO BRIDGE & IRON CO N V 0.9%

Value ($000) $2,336 Shares 67,446 Est. Cost $34.64 Unrealized —

SRSCQ SEARS CDA INC 0.9%

Value ($000) $2,310 Shares 775,149 Est. Cost $12.48 Unrealized 0.0%

— ASCENT CAP GROUP INC 0.6%

Value ($000) $1,524 Shares 2,683,000 Est. Cost $1.01 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.4%

Value ($000) $1,153 Shares 16,575 Est. Cost $86.46 Unrealized —

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

CYD CHINA YUCHAI INTL LTD 0.3%

Value ($000) $794 Shares 73,364 Est. Cost $8.06 Unrealized -22.7%

AZN ASTRAZENECA PLC 0.3%

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

— GLAXOSMITHKLINE PLC 0.1%

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

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

— GENERAL MTRS CO 0.1%

Value ($000) $136 Shares 13,019 Est. Cost $10.45 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	BERKSHIRE HATHAWAY INC DEL	150	$32,546	12.4%	$165023.42	+30.0%	CL A	084670108
—	VALEANT PHARMACEUTICALS INT INC	1,446,843	$29,139	11.1%	$24.32	—	COM	91911K102
—	RESOLUTE FST PRODS INC	4,904,752	$25,946	9.9%	$12.24	—	COM	76117W109
—	JPMORGAN CHASE & CO	1,126,347	$22,809	8.7%	$20.81	—	W EXP 10/28/201	46634E114
NOK	NOKIA CORP	3,750,000	$21,337	8.1%	$7.67	—	SPONSORED ADR	654902204
—	SEARS HLDGS CORP	1,431,610	$19,484	7.4%	$32.48	—	COM	812350106
C	CITIGROUP INC	410,000	$17,380	6.6%	$35.76	-7.5%	COM NEW	172967424
SNY	SANOFI	410,000	$17,158	6.5%	$51.51	—	SPONSORED ADR	80105N105
—	WELLS FARGO & CO NEW	997,500	$13,586	5.2%	$13.67	—	W EXP 10/28/201	949746119
GS	GOLDMAN SACHS GROUP INC	75,000	$11,144	4.3%	$120.06	+6.5%	COM	38141G104
BBBY	OVERSTOCK COM INC DEL	582,271	$9,380	3.6%	$22.28	-28.8%	COM	690370101
—	SEARS HOMETOWN & OUTLET STOR	1,322,209	$8,912	3.4%	$16.00	—	COM	812362101
MBI	MBIA INC	1,080,797	$7,382	2.8%	$5.48	-40.8%	COM	55262C100
—	ASCENT CAP GROUP INC	340,000	$5,233	2.0%	$15.39	—	COM	043632108
BB	BLACKBERRY LTD	529,040	$3,550	1.4%	$7.99	-12.5%	COM	09228F103
—	COMPUCREDIT HLDGS CORP	7,800,000	$3,432	1.3%	$0.44	—	NOTE 5.875%11/3	20478NAD2
—	BANK AMER CORP	836,825	$2,912	1.1%	$5.46	—	W EXP 01/16/201	060505146
—	CHICAGO BRIDGE & IRON CO N V	67,446	$2,336	0.9%	$34.64	—	COM	167250109
SRSCQ	SEARS CDA INC	775,149	$2,310	0.9%	$12.48	0.0%	COM	81234D109
—	ASCENT CAP GROUP INC	2,683,000	$1,524	0.6%	$1.01	—	NOTE 4.000% 7/1	043632AA6
RYAAY	RYANAIR HLDGS PLC	16,575	$1,153	0.4%	$86.46	—	SPONSORED ADR	783513203
PKX	POSCO	21,000	$935	0.4%	$35.05	—	SPONSORED ADR	693483109
CYD	CHINA YUCHAI INTL LTD	73,364	$794	0.3%	$8.06	-22.7%	COM	G21082105
AZN	ASTRAZENECA PLC	13,000	$773	0.3%	$58.92	—	SPONSORED ADR	046353108
—	GLAXOSMITHKLINE PLC	18,000	$384	0.1%	$26.56	—	SPONSORED ADR	37733W105
BP	BP PLC	10,000	$355	0.1%	$41.70	—	SPONSORED ADR	055622104
—	GENERAL MTRS CO	13,019	$136	0.1%	$10.45	—	W EXP 07/10/201	37045V126