Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q3 2016 (← Previous) (Next →)

Filing Date: Oct 31, 2016

Total Value ($000): $270,252 (98.1% shares, 1.9% debt)

Holdings (27)

— VALEANT PHARMACEUTICALS INTL 13.1%

Value ($000) $35,520 Shares 1,446,843 Est. Cost $24.32 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 12.0%

Value ($000) $32,433 Shares 150 Est. Cost $165023.42 Unrealized +32.9%

— JPMORGAN CHASE & CO 10.3%

Value ($000) $27,742 Shares 1,126,347 Est. Cost $20.81 Unrealized —

— RESOLUTE FST PRODS INC 8.6%

Value ($000) $23,199 Shares 4,904,752 Est. Cost $12.24 Unrealized —

NOK NOKIA CORP 8.0%

Value ($000) $21,712 Shares 3,750,000 Est. Cost $7.67 Unrealized —

C CITIGROUP INC 7.2%

Value ($000) $19,364 Shares 410,000 Est. Cost $35.76 Unrealized -4.5%

— SEARS HLDGS CORP 6.1%

Value ($000) $16,406 Shares 1,431,610 Est. Cost $32.48 Unrealized —

SNY SANOFI 5.8%

Value ($000) $15,658 Shares 410,000 Est. Cost $51.51 Unrealized —

— WELLS FARGO & CO NEW 4.6%

Value ($000) $12,449 Shares 997,500 Est. Cost $13.67 Unrealized —

GS GOLDMAN SACHS GROUP INC 4.5%

Value ($000) $12,095 Shares 75,000 Est. Cost $120.06 Unrealized +11.4%

BBBY OVERSTOCK COM INC DEL 3.3%

Value ($000) $8,920 Shares 582,271 Est. Cost $22.28 Unrealized -28.7%

MBI MBIA INC 3.1%

Value ($000) $8,419 Shares 1,080,797 Est. Cost $5.48 Unrealized -37.3%

— ASCENT CAP GROUP INC 2.9%

Value ($000) $7,878 Shares 340,000 Est. Cost $15.39 Unrealized —

— SEARS HOMETOWN & OUTLET STOR 2.4%

Value ($000) $6,518 Shares 1,322,209 Est. Cost $16.00 Unrealized —

BB BLACKBERRY LTD 1.6%

Value ($000) $4,218 Shares 529,040 Est. Cost $7.99 Unrealized -6.0%

— BANK AMER CORP 1.4%

Value ($000) $3,866 Shares 836,825 Est. Cost $5.46 Unrealized —

— COMPUCREDIT HLDGS CORP 1.2%

Value ($000) $3,276 Shares 7,800,000 Est. Cost $0.44 Unrealized —

— ASCENT CAP GROUP INC 0.7%

Value ($000) $1,912 Shares 2,683,000 Est. Cost $1.01 Unrealized —

SRSCQ SEARS CDA INC 0.7%

Value ($000) $1,903 Shares 775,149 Est. Cost $12.48 Unrealized -77.2%

— CHICAGO BRIDGE & IRON CO N V 0.7%

Value ($000) $1,891 Shares 67,446 Est. Cost $34.64 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.5%

Value ($000) $1,244 Shares 16,575 Est. Cost $86.46 Unrealized —

Value ($000) $1,073 Shares 21,000 Est. Cost $35.05 Unrealized —

AZN ASTRAZENECA PLC 0.3%

Value ($000) $843 Shares 13,000 Est. Cost $58.92 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.3%

Value ($000) $796 Shares 73,364 Est. Cost $8.06 Unrealized -16.5%

— GLAXOSMITHKLINE PLC 0.1%

Value ($000) $383 Shares 18,000 Est. Cost $26.56 Unrealized —

Value ($000) $352 Shares 10,000 Est. Cost $41.70 Unrealized —

— GENERAL MTRS CO 0.1%

Value ($000) $182 Shares 13,019 Est. Cost $10.45 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	VALEANT PHARMACEUTICALS INTL	1,446,843	$35,520	13.1%	$24.32	—	COM	91911K102
BRK/A	BERKSHIRE HATHAWAY INC DEL	150	$32,433	12.0%	$165023.42	+32.9%	CL A	084670108
—	JPMORGAN CHASE & CO	1,126,347	$27,742	10.3%	$20.81	—	W EXP 10/28/201	46634E114
—	RESOLUTE FST PRODS INC	4,904,752	$23,199	8.6%	$12.24	—	COM	76117W109
NOK	NOKIA CORP	3,750,000	$21,712	8.0%	$7.67	—	SPONSORED ADR	654902204
C	CITIGROUP INC	410,000	$19,364	7.2%	$35.76	-4.5%	COM NEW	172967424
—	SEARS HLDGS CORP	1,431,610	$16,406	6.1%	$32.48	—	COM	812350106
SNY	SANOFI	410,000	$15,658	5.8%	$51.51	—	SPONSORED ADR	80105N105
—	WELLS FARGO & CO NEW	997,500	$12,449	4.6%	$13.67	—	W EXP 10/28/201	949746119
GS	GOLDMAN SACHS GROUP INC	75,000	$12,095	4.5%	$120.06	+11.4%	COM	38141G104
BBBY	OVERSTOCK COM INC DEL	582,271	$8,920	3.3%	$22.28	-28.7%	COM	690370101
MBI	MBIA INC	1,080,797	$8,419	3.1%	$5.48	-37.3%	COM	55262C100
—	ASCENT CAP GROUP INC	340,000	$7,878	2.9%	$15.39	—	COM SER A	043632108
—	SEARS HOMETOWN & OUTLET STOR	1,322,209	$6,518	2.4%	$16.00	—	COM	812362101
BB	BLACKBERRY LTD	529,040	$4,218	1.6%	$7.99	-6.0%	COM	09228F103
—	BANK AMER CORP	836,825	$3,866	1.4%	$5.46	—	W EXP 01/16/201	060505146
—	COMPUCREDIT HLDGS CORP	7,800,000	$3,276	1.2%	$0.44	—	NOTE 5.875%11/3	20478NAD2
—	ASCENT CAP GROUP INC	2,683,000	$1,912	0.7%	$1.01	—	NOTE 4.000% 7/1	043632AA6
SRSCQ	SEARS CDA INC	775,149	$1,903	0.7%	$12.48	-77.2%	COM	81234D109
—	CHICAGO BRIDGE & IRON CO N V	67,446	$1,891	0.7%	$34.64	—	COM	167250109
RYAAY	RYANAIR HLDGS PLC	16,575	$1,244	0.5%	$86.46	—	SPONSORED ADR NE	783513203
PKX	POSCO	21,000	$1,073	0.4%	$35.05	—	SPONSORED ADR	693483109
AZN	ASTRAZENECA PLC	13,000	$843	0.3%	$58.92	—	SPONSORED ADR	046353108
CYD	CHINA YUCHAI INTL LTD	73,364	$796	0.3%	$8.06	-16.5%	COM	G21082105
—	GLAXOSMITHKLINE PLC	18,000	$383	0.1%	$26.56	—	SPONSORED ADR	37733W105
BP	BP PLC	10,000	$352	0.1%	$41.70	—	SPONSORED ADR	055622104
—	GENERAL MTRS CO	13,019	$182	0.1%	$10.45	—	W EXP 07/10/201	37045V126