Chou Associates Management Inc. Long-Term Concentrated

Location: Toronto, Ontario, Canada

CIK: 0001389403 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Feb 14, 2018

Total Value: $234M (97.9% shares, 2.1% debt)

Holdings (24)

— RESOLUTE FST PRODS INC 21.7%

Value $50.8M Shares 4,596,832 Est. Cost $12.15 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 19.1%

Value $44.64M Shares 150 Est. Cost $165023.42 Unrealized +72.6%

— WELLS FARGO & CO NEW 11.8%

Value $27.53M Shares 997,500 Est. Cost $13.67 Unrealized —

GS GOLDMAN SACHS GROUP INC 8.2%

Value $19.11M Shares 75,000 Est. Cost $120.06 Unrealized +70.9%

SNY SANOFI 7.5%

Value $17.63M Shares 410,000 Est. Cost $51.51 Unrealized —

C CITIGROUP INC 6.7%

Value $15.63M Shares 210,000 Est. Cost $35.76 Unrealized +57.9%

— JPMORGAN CHASE & CO 4.7%

Value $11.09M Shares 166,977 Est. Cost $20.81 Unrealized —

MBI MBIA INC 3.4%

Value $7.911M Shares 1,080,797 Est. Cost $5.48 Unrealized -38.1%

BB BLACKBERRY LTD 2.5%

Value $5.909M Shares 529,040 Est. Cost $7.99 Unrealized +36.6%

— SEARS HLDGS CORP 1.7%

Value $4.051M Shares 1,131,610 Est. Cost $32.48 Unrealized —

NOK NOKIA CORP 1.7%

Value $3.961M Shares 850,000 Est. Cost $7.67 Unrealized —

— ASCENT CAP GROUP INC 1.5%

Value $3.516M Shares 306,000 Est. Cost $15.39 Unrealized —

— SEARS HOMETOWN & OUTLET STOR 1.5%

Value $3.438M Shares 1,322,209 Est. Cost $16.00 Unrealized —

— VALEANT PHARMACEUTICALS INTL 1.3%

Value $3.096M Shares 148,992 Est. Cost $19.37 Unrealized —

SD SANDRIDGE ENERGY INC 1.2%

Value $2.863M Shares 135,903 Est. Cost $20.99 Unrealized -11.2%

— COMPUCREDIT HLDGS CORP 1.1%

Value $2.67M Shares 5,300,000 Est. Cost $0.44 Unrealized —

— BANK AMER CORP 1.1%

Value $2.625M Shares 149,476 Est. Cost $5.46 Unrealized —

— ASCENT CAP GROUP INC 0.9%

Value $2.131M Shares 2,683,000 Est. Cost $1.01 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.8%

Value $1.761M Shares 73,364 Est. Cost $8.06 Unrealized +90.7%

Value $1.641M Shares 21,000 Est. Cost $35.05 Unrealized —

— ENDO INTL PLC 0.3%

Value $620K Shares 80,000 Est. Cost $11.16 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.2%

Value $477K Shares 4,575 Est. Cost $86.46 Unrealized —

BBBY OVERSTOCK COM INC DEL 0.2%

Value $425K Shares 6,650 Est. Cost $22.28 Unrealized +115.8%

TEVA TEVA PHARMACEUTICAL INDS LTD 0.1%

Value $284K Shares 15,000 Est. Cost $32.81 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	RESOLUTE FST PRODS INC	4,596,832	$50.8M	21.7%	$12.15	—	COM	76117W109
BRK/A	BERKSHIRE HATHAWAY INC DEL	150	$44.64M	19.1%	$165023.42	+72.6%	CL A	084670108
—	WELLS FARGO & CO NEW	997,500	$27.53M	11.8%	$13.67	—	W EXP 10/28/201	949746119
GS	GOLDMAN SACHS GROUP INC	75,000	$19.11M	8.2%	$120.06	+70.9%	COM	38141G104
SNY	SANOFI	410,000	$17.63M	7.5%	$51.51	—	SPONSORED ADR	80105N105
C	CITIGROUP INC	210,000	$15.63M	6.7%	$35.76	+57.9%	COM NEW	172967424
—	JPMORGAN CHASE & CO	166,977	$11.09M	4.7%	$20.81	—	W EXP 10/28/201	46634E114
MBI	MBIA INC	1,080,797	$7.911M	3.4%	$5.48	-38.1%	COM	55262C100
BB	BLACKBERRY LTD	529,040	$5.909M	2.5%	$7.99	+36.6%	COM	09228F103
—	SEARS HLDGS CORP	1,131,610	$4.051M	1.7%	$32.48	—	COM	812350106
NOK	NOKIA CORP	850,000	$3.961M	1.7%	$7.67	—	SPONSORED ADR	654902204
—	ASCENT CAP GROUP INC	306,000	$3.516M	1.5%	$15.39	—	COM SER A	043632108
—	SEARS HOMETOWN & OUTLET STOR	1,322,209	$3.438M	1.5%	$16.00	—	COM	812362101
—	VALEANT PHARMACEUTICALS INTL	148,992	$3.096M	1.3%	$19.37	—	COM	91911K102
SD	SANDRIDGE ENERGY INC	135,903	$2.863M	1.2%	$20.99	-11.2%	COM NEW	80007P869
—	COMPUCREDIT HLDGS CORP	5,300,000	$2.67M	1.1%	$0.44	—	NOTE 5.875%11/3	20478NAD2
—	BANK AMER CORP	149,476	$2.625M	1.1%	$5.46	—	W EXP 01/16/201	060505146
—	ASCENT CAP GROUP INC	2,683,000	$2.131M	0.9%	$1.01	—	NOTE 4.000% 7/1	043632AA6
CYD	CHINA YUCHAI INTL LTD	73,364	$1.761M	0.8%	$8.06	+90.7%	COM	G21082105
PKX	POSCO	21,000	$1.641M	0.7%	$35.05	—	SPONSORED ADR	693483109
—	ENDO INTL PLC	80,000	$620K	0.3%	$11.16	—	SHS	G30401106
RYAAY	RYANAIR HLDGS PLC	4,575	$477K	0.2%	$86.46	—	SPONSORED ADR NE	783513203
BBBY	OVERSTOCK COM INC DEL	6,650	$425K	0.2%	$22.28	+115.8%	COM	690370101
TEVA	TEVA PHARMACEUTICAL INDS LTD	15,000	$284K	0.1%	$32.81	—	SPONSORED ADR	881624209