Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q2 2017 (← Previous) (Next →)

Filing Date: Aug 15, 2017

Total Value ($000): $323,787 (98.4% shares, 1.6% debt)

Holdings (27)

— VALEANT PHARMACEUTICALS INTL 16.4%

Value ($000) $53,030 Shares 3,053,843 Est. Cost $19.37 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 11.8%

Value ($000) $38,348 Shares 150 Est. Cost $165023.42 Unrealized +51.3%

— JPMORGAN CHASE & CO 9.8%

Value ($000) $31,617 Shares 626,347 Est. Cost $20.81 Unrealized —

— WELLS FARGO & CO NEW 6.9%

Value ($000) $22,228 Shares 997,500 Est. Cost $13.67 Unrealized —

— RESOLUTE FST PRODS INC 6.8%

Value ($000) $21,921 Shares 4,963,423 Est. Cost $12.15 Unrealized —

C CITIGROUP INC 6.4%

Value ($000) $20,811 Shares 310,000 Est. Cost $35.76 Unrealized +29.9%

SNY SANOFI 6.1%

Value ($000) $19,717 Shares 410,000 Est. Cost $51.51 Unrealized —

TEVA TEVA PHARMACEUTICAL INDS LTD 5.2%

Value ($000) $16,839 Shares 505,000 Est. Cost $32.81 Unrealized —

GS GOLDMAN SACHS GROUP INC 5.2%

Value ($000) $16,705 Shares 75,000 Est. Cost $120.06 Unrealized +53.8%

— ENDO INTL PLC 3.3%

Value ($000) $10,651 Shares 950,000 Est. Cost $11.16 Unrealized —

MBI MBIA INC 3.2%

Value ($000) $10,230 Shares 1,080,797 Est. Cost $5.48 Unrealized -32.3%

— SEARS HLDGS CORP 3.1%

Value ($000) $10,064 Shares 1,131,610 Est. Cost $32.48 Unrealized —

BBBY OVERSTOCK COM INC DEL 2.9%

Value ($000) $9,527 Shares 582,271 Est. Cost $22.28 Unrealized -28.2%

NOK NOKIA CORP 2.4%

Value ($000) $7,729 Shares 1,250,000 Est. Cost $7.67 Unrealized —

— BANK AMER CORP 2.0%

Value ($000) $6,488 Shares 536,825 Est. Cost $5.46 Unrealized —

BB BLACKBERRY LTD 1.6%

Value ($000) $5,307 Shares 529,040 Est. Cost $7.99 Unrealized +23.1%

— ASCENT CAP GROUP INC 1.5%

Value ($000) $4,718 Shares 306,000 Est. Cost $15.39 Unrealized —

— SEARS HOMETOWN & OUTLET STOR 1.1%

Value ($000) $3,583 Shares 1,322,209 Est. Cost $16.00 Unrealized —

— COMPUCREDIT HLDGS CORP 0.9%

Value ($000) $2,867 Shares 5,800,000 Est. Cost $0.44 Unrealized —

SD SANDRIDGE ENERGY INC 0.8%

Value ($000) $2,706 Shares 156,623 Est. Cost $20.99 Unrealized -11.4%

— ASCENT CAP GROUP INC 0.7%

Value ($000) $2,160 Shares 2,683,000 Est. Cost $1.01 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.6%

Value ($000) $1,790 Shares 16,575 Est. Cost $86.46 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.4%

Value ($000) $1,341 Shares 73,364 Est. Cost $8.06 Unrealized +38.6%

— CHICAGO BRIDGE & IRON CO N V 0.4%

Value ($000) $1,336 Shares 67,446 Est. Cost $34.64 Unrealized —

Value ($000) $1,319 Shares 21,000 Est. Cost $35.05 Unrealized —

SRSCQ SEARS CDA INC 0.2%

Value ($000) $529 Shares 775,149 Est. Cost $12.48 Unrealized -92.6%

— GENERAL MTRS CO 0.1%

Value ($000) $226 Shares 13,019 Est. Cost $10.45 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	VALEANT PHARMACEUTICALS INTL	3,053,843	$53,030	16.4%	$19.37	—	COM	91911K102
BRK/A	BERKSHIRE HATHAWAY INC DEL	150	$38,348	11.8%	$165023.42	+51.3%	CL A	084670108
—	JPMORGAN CHASE & CO	626,347	$31,617	9.8%	$20.81	—	W EXP 10/28/201	46634E114
—	WELLS FARGO & CO NEW	997,500	$22,228	6.9%	$13.67	—	W EXP 10/28/201	949746119
—	RESOLUTE FST PRODS INC	4,963,423	$21,921	6.8%	$12.15	—	COM	76117W109
C	CITIGROUP INC	310,000	$20,811	6.4%	$35.76	+29.9%	COM NEW	172967424
SNY	SANOFI	410,000	$19,717	6.1%	$51.51	—	SPONSORED ADR	80105N105
TEVA	TEVA PHARMACEUTICAL INDS LTD	505,000	$16,839	5.2%	$32.81	—	SPONSORED ADR	881624209
GS	GOLDMAN SACHS GROUP INC	75,000	$16,705	5.2%	$120.06	+53.8%	COM	38141G104
—	ENDO INTL PLC	950,000	$10,651	3.3%	$11.16	—	SHS	G30401106
MBI	MBIA INC	1,080,797	$10,230	3.2%	$5.48	-32.3%	COM	55262C100
—	SEARS HLDGS CORP	1,131,610	$10,064	3.1%	$32.48	—	COM	812350106
BBBY	OVERSTOCK COM INC DEL	582,271	$9,527	2.9%	$22.28	-28.2%	COM	690370101
NOK	NOKIA CORP	1,250,000	$7,729	2.4%	$7.67	—	SPONSORED ADR	654902204
—	BANK AMER CORP	536,825	$6,488	2.0%	$5.46	—	W EXP 01/16/201	060505146
BB	BLACKBERRY LTD	529,040	$5,307	1.6%	$7.99	+23.1%	COM	09228F103
—	ASCENT CAP GROUP INC	306,000	$4,718	1.5%	$15.39	—	COM SER A	043632108
—	SEARS HOMETOWN & OUTLET STOR	1,322,209	$3,583	1.1%	$16.00	—	COM	812362101
—	COMPUCREDIT HLDGS CORP	5,800,000	$2,867	0.9%	$0.44	—	NOTE 5.875%11/3	20478NAD2
SD	SANDRIDGE ENERGY INC	156,623	$2,706	0.8%	$20.99	-11.4%	COM NEW	80007P869
—	ASCENT CAP GROUP INC	2,683,000	$2,160	0.7%	$1.01	—	NOTE 4.000% 7/1	043632AA6
RYAAY	RYANAIR HLDGS PLC	16,575	$1,790	0.6%	$86.46	—	SPONSORED ADR NE	783513203
CYD	CHINA YUCHAI INTL LTD	73,364	$1,341	0.4%	$8.06	+38.6%	COM	G21082105
—	CHICAGO BRIDGE & IRON CO N V	67,446	$1,336	0.4%	$34.64	—	COM	167250109
PKX	POSCO	21,000	$1,319	0.4%	$35.05	—	SPONSORED ADR	693483109
SRSCQ	SEARS CDA INC	775,149	$529	0.2%	$12.48	-92.6%	COM	81234D109
—	GENERAL MTRS CO	13,019	$226	0.1%	$10.45	—	W EXP 07/10/201	37045V126