Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 11, 2018

Total Value ($000): $237,218 (98.0% shares, 2.0% debt)

Holdings (24)

BRK/A BERKSHIRE HATHAWAY INC DEL 18.9%

Value ($000) $44,865 Shares 150 Est. Cost $165023.42 Unrealized +86.8%

— RESOLUTE FST PRODS INC 16.1%

Value ($000) $38,154 Shares 4,596,832 Est. Cost $12.15 Unrealized —

— VALEANT PHARMACEUTICALS INTL 11.1%

Value ($000) $26,252 Shares 1,648,992 Est. Cost $16.23 Unrealized —

— WELLS FARGO & CO NEW 8.1%

Value ($000) $19,152 Shares 997,500 Est. Cost $13.67 Unrealized —

GS GOLDMAN SACHS GROUP INC 8.0%

Value ($000) $18,890 Shares 75,000 Est. Cost $120.06 Unrealized +81.9%

SNY SANOFI 6.9%

Value ($000) $16,433 Shares 410,000 Est. Cost $51.51 Unrealized —

C CITIGROUP INC 6.0%

Value ($000) $14,175 Shares 210,000 Est. Cost $35.76 Unrealized +61.2%

— JPMORGAN CHASE & CO 4.9%

Value ($000) $11,613 Shares 166,977 Est. Cost $20.81 Unrealized —

MBI MBIA INC 4.2%

Value ($000) $10,008 Shares 1,080,797 Est. Cost $5.48 Unrealized -36.0%

BB BLACKBERRY LTD 2.6%

Value ($000) $6,081 Shares 529,040 Est. Cost $7.99 Unrealized +59.3%

— ENDO INTL PLC 2.2%

Value ($000) $5,227 Shares 880,000 Est. Cost $6.41 Unrealized —

NOK NOKIA CORP 2.0%

Value ($000) $4,650 Shares 850,000 Est. Cost $7.67 Unrealized —

— SEARS HOMETOWN & OUTLET STOR 1.7%

Value ($000) $3,967 Shares 1,322,209 Est. Cost $16.00 Unrealized —

— SEARS HLDGS CORP 1.3%

Value ($000) $3,021 Shares 1,131,610 Est. Cost $32.48 Unrealized —

— BANK AMER CORP 1.1%

Value ($000) $2,716 Shares 149,476 Est. Cost $5.46 Unrealized —

— COMPUCREDIT HLDGS CORP 1.1%

Value ($000) $2,624 Shares 5,300,000 Est. Cost $0.44 Unrealized —

— ASCENT CAP GROUP INC 0.9%

Value ($000) $2,024 Shares 2,683,000 Est. Cost $1.01 Unrealized —

SD SANDRIDGE ENERGY INC 0.8%

Value ($000) $1,972 Shares 135,903 Est. Cost $20.99 Unrealized -19.5%

Value ($000) $1,656 Shares 21,000 Est. Cost $35.05 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.7%

Value ($000) $1,553 Shares 73,364 Est. Cost $8.06 Unrealized +93.0%

— ASCENT CAP GROUP INC 0.5%

Value ($000) $1,126 Shares 306,000 Est. Cost $15.39 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.2%

Value ($000) $562 Shares 4,575 Est. Cost $86.46 Unrealized —

TEVA TEVA PHARMACEUTICAL INDS LTD 0.1%

Value ($000) $256 Shares 15,000 Est. Cost $32.81 Unrealized —

BBBY OVERSTOCK COM INC DEL 0.1%

Value ($000) $241 Shares 6,650 Est. Cost $22.28 Unrealized +180.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	BERKSHIRE HATHAWAY INC DEL	150	$44,865	18.9%	$165023.42	+86.8%	CL A	084670108
—	RESOLUTE FST PRODS INC	4,596,832	$38,154	16.1%	$12.15	—	COM	76117W109
—	VALEANT PHARMACEUTICALS INTL	1,648,992	$26,252	11.1%	$16.23	—	COM	91911K102
—	WELLS FARGO & CO NEW	997,500	$19,152	8.1%	$13.67	—	W EXP 10/28/201	949746119
GS	GOLDMAN SACHS GROUP INC	75,000	$18,890	8.0%	$120.06	+81.9%	COM	38141G104
SNY	SANOFI	410,000	$16,433	6.9%	$51.51	—	SPONSORED ADR	80105N105
C	CITIGROUP INC	210,000	$14,175	6.0%	$35.76	+61.2%	COM NEW	172967424
—	JPMORGAN CHASE & CO	166,977	$11,613	4.9%	$20.81	—	W EXP 10/28/201	46634E114
MBI	MBIA INC	1,080,797	$10,008	4.2%	$5.48	-36.0%	COM	55262C100
BB	BLACKBERRY LTD	529,040	$6,081	2.6%	$7.99	+59.3%	COM	09228F103
—	ENDO INTL PLC	880,000	$5,227	2.2%	$6.41	—	SHS	G30401106
NOK	NOKIA CORP	850,000	$4,650	2.0%	$7.67	—	SPONSORED ADR	654902204
—	SEARS HOMETOWN & OUTLET STOR	1,322,209	$3,967	1.7%	$16.00	—	COM	812362101
—	SEARS HLDGS CORP	1,131,610	$3,021	1.3%	$32.48	—	COM	812350106
—	BANK AMER CORP	149,476	$2,716	1.1%	$5.46	—	W EXP 01/16/201	060505146
—	COMPUCREDIT HLDGS CORP	5,300,000	$2,624	1.1%	$0.44	—	NOTE 5.875%11/3	20478NAD2
—	ASCENT CAP GROUP INC	2,683,000	$2,024	0.9%	$1.01	—	NOTE 4.000% 7/1	043632AA6
SD	SANDRIDGE ENERGY INC	135,903	$1,972	0.8%	$20.99	-19.5%	COM NEW	80007P869
PKX	POSCO	21,000	$1,656	0.7%	$35.05	—	SPONSORED ADR	693483109
CYD	CHINA YUCHAI INTL LTD	73,364	$1,553	0.7%	$8.06	+93.0%	COM	G21082105
—	ASCENT CAP GROUP INC	306,000	$1,126	0.5%	$15.39	—	COM SER A	043632108
RYAAY	RYANAIR HLDGS PLC	4,575	$562	0.2%	$86.46	—	SPONSORED ADR NE	783513203
TEVA	TEVA PHARMACEUTICAL INDS LTD	15,000	$256	0.1%	$32.81	—	SPONSORED ADR	881624209
BBBY	OVERSTOCK COM INC DEL	6,650	$241	0.1%	$22.28	+180.1%	COM	690370101