Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 12, 2017

Total Value ($000): $301,418 (98.4% shares, 1.6% debt)

Holdings (27)

BRK/A BERKSHIRE HATHAWAY INC DEL 12.4%

Value ($000) $37,478 Shares 150 Est. Cost $165023.42 Unrealized +52.0%

— JPMORGAN CHASE & CO 9.6%

Value ($000) $29,006 Shares 626,347 Est. Cost $20.81 Unrealized —

— RESOLUTE FST PRODS INC 9.0%

Value ($000) $27,051 Shares 4,963,423 Est. Cost $12.15 Unrealized —

— VALEANT PHARMACEUTICALS INTL 8.6%

Value ($000) $25,963 Shares 2,353,843 Est. Cost $19.96 Unrealized —

C CITIGROUP INC 8.1%

Value ($000) $24,526 Shares 410,000 Est. Cost $35.76 Unrealized +24.9%

— WELLS FARGO & CO NEW 7.3%

Value ($000) $22,135 Shares 997,500 Est. Cost $13.67 Unrealized —

SNY SANOFI 6.2%

Value ($000) $18,553 Shares 410,000 Est. Cost $51.51 Unrealized —

GS GOLDMAN SACHS GROUP INC 5.7%

Value ($000) $17,229 Shares 75,000 Est. Cost $120.06 Unrealized +66.6%

NOK NOKIA CORP 4.9%

Value ($000) $14,905 Shares 2,750,000 Est. Cost $7.67 Unrealized —

— SEARS HLDGS CORP 4.3%

Value ($000) $13,002 Shares 1,131,610 Est. Cost $32.48 Unrealized —

— ENDO INTL PLC 3.5%

Value ($000) $10,602 Shares 950,000 Est. Cost $11.16 Unrealized —

BBBY OVERSTOCK COM INC DEL 3.3%

Value ($000) $10,015 Shares 582,271 Est. Cost $22.28 Unrealized -22.1%

MBI MBIA INC 3.0%

Value ($000) $9,154 Shares 1,080,797 Est. Cost $5.48 Unrealized -19.9%

TEVA TEVA PHARMACEUTICAL INDS LTD 2.3%

Value ($000) $6,899 Shares 215,000 Est. Cost $32.09 Unrealized —

— BANK AMER CORP 2.0%

Value ($000) $6,066 Shares 536,825 Est. Cost $5.46 Unrealized —

— SEARS HOMETOWN & OUTLET STOR 1.7%

Value ($000) $5,157 Shares 1,322,209 Est. Cost $16.00 Unrealized —

— ASCENT CAP GROUP INC 1.4%

Value ($000) $4,324 Shares 306,000 Est. Cost $15.39 Unrealized —

BB BLACKBERRY LTD 1.4%

Value ($000) $4,098 Shares 529,040 Est. Cost $7.99 Unrealized -10.9%

SD SANDRIDGE ENERGY INC 1.0%

Value ($000) $2,896 Shares 156,623 Est. Cost $20.99 Unrealized -5.3%

— COMPUCREDIT HLDGS CORP 0.9%

Value ($000) $2,835 Shares 5,800,000 Est. Cost $0.44 Unrealized —

— CHICAGO BRIDGE & IRON CO N V 0.7%

Value ($000) $2,074 Shares 67,446 Est. Cost $34.64 Unrealized —

— ASCENT CAP GROUP INC 0.7%

Value ($000) $2,066 Shares 2,683,000 Est. Cost $1.01 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.5%

Value ($000) $1,375 Shares 16,575 Est. Cost $86.46 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.5%

Value ($000) $1,358 Shares 73,364 Est. Cost $8.06 Unrealized +17.0%

Value ($000) $1,355 Shares 21,000 Est. Cost $35.05 Unrealized —

SRSCQ SEARS CDA INC 0.4%

Value ($000) $1,063 Shares 775,149 Est. Cost $12.48 Unrealized -88.5%

— GENERAL MTRS CO 0.1%

Value ($000) $233 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	$37,478	12.4%	$165023.42	+52.0%	CL A	084670108
—	JPMORGAN CHASE & CO	626,347	$29,006	9.6%	$20.81	—	W EXP 10/28/201	46634E114
—	RESOLUTE FST PRODS INC	4,963,423	$27,051	9.0%	$12.15	—	COM	76117W109
—	VALEANT PHARMACEUTICALS INTL	2,353,843	$25,963	8.6%	$19.96	—	COM	91911K102
C	CITIGROUP INC	410,000	$24,526	8.1%	$35.76	+24.9%	COM NEW	172967424
—	WELLS FARGO & CO NEW	997,500	$22,135	7.3%	$13.67	—	W EXP 10/28/201	949746119
SNY	SANOFI	410,000	$18,553	6.2%	$51.51	—	SPONSORED ADR	80105N105
GS	GOLDMAN SACHS GROUP INC	75,000	$17,229	5.7%	$120.06	+66.6%	COM	38141G104
NOK	NOKIA CORP	2,750,000	$14,905	4.9%	$7.67	—	SPONSORED ADR	654902204
—	SEARS HLDGS CORP	1,131,610	$13,002	4.3%	$32.48	—	COM	812350106
—	ENDO INTL PLC	950,000	$10,602	3.5%	$11.16	—	SHS	G30401106
BBBY	OVERSTOCK COM INC DEL	582,271	$10,015	3.3%	$22.28	-22.1%	COM	690370101
MBI	MBIA INC	1,080,797	$9,154	3.0%	$5.48	-19.9%	COM	55262C100
TEVA	TEVA PHARMACEUTICAL INDS LTD	215,000	$6,899	2.3%	$32.09	—	SPONSORED ADR	881624209
—	BANK AMER CORP	536,825	$6,066	2.0%	$5.46	—	W EXP 01/16/201	060505146
—	SEARS HOMETOWN & OUTLET STOR	1,322,209	$5,157	1.7%	$16.00	—	COM	812362101
—	ASCENT CAP GROUP INC	306,000	$4,324	1.4%	$15.39	—	COM SER A	043632108
BB	BLACKBERRY LTD	529,040	$4,098	1.4%	$7.99	-10.9%	COM	09228F103
SD	SANDRIDGE ENERGY INC	156,623	$2,896	1.0%	$20.99	-5.3%	COM NEW	80007P869
—	COMPUCREDIT HLDGS CORP	5,800,000	$2,835	0.9%	$0.44	—	NOTE 5.875%11/3	20478NAD2
—	CHICAGO BRIDGE & IRON CO N V	67,446	$2,074	0.7%	$34.64	—	COM	167250109
—	ASCENT CAP GROUP INC	2,683,000	$2,066	0.7%	$1.01	—	NOTE 4.000% 7/1	043632AA6
RYAAY	RYANAIR HLDGS PLC	16,575	$1,375	0.5%	$86.46	—	SPONSORED ADR NE	783513203
CYD	CHINA YUCHAI INTL LTD	73,364	$1,358	0.5%	$8.06	+17.0%	COM	G21082105
PKX	POSCO	21,000	$1,355	0.4%	$35.05	—	SPONSORED ADR	693483109
SRSCQ	SEARS CDA INC	775,149	$1,063	0.4%	$12.48	-88.5%	COM	81234D109
—	GENERAL MTRS CO	13,019	$233	0.1%	$10.45	—	W EXP 07/10/201	37045V126