Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 13, 2019

Total Value ($000): $235,672 (99.0% shares, 1.0% debt)

Holdings (25)

BRK/A BERKSHIRE HATHAWAY INC DEL 19.2%

Value ($000) $45,150 Shares 150 Est. Cost $165023.42 Unrealized +83.5%

BHC BAUSCH HEALTH COS INC 17.2%

Value ($000) $40,433 Shares 1,648,992 Est. Cost $22.90 Unrealized +4.3%

— RESOLUTE FST PRODS INC 15.5%

Value ($000) $36,530 Shares 4,571,960 Est. Cost $12.15 Unrealized —

WFC WELLS FARGO CO NEW 9.1%

Value ($000) $21,332 Shares 434,542 Est. Cost $46.51 Unrealized -12.4%

JPM JPMORGAN CHASE & CO 4.7%

Value ($000) $11,005 Shares 109,275 Est. Cost $92.63 Unrealized -7.9%

SNY SANOFI 4.7%

Value ($000) $10,976 Shares 248,000 Est. Cost $51.51 Unrealized —

GS GOLDMAN SACHS GROUP INC 4.1%

Value ($000) $9,559 Shares 50,000 Est. Cost $120.06 Unrealized +36.7%

MBI MBIA INC 4.0%

Value ($000) $9,411 Shares 952,531 Est. Cost $5.48 Unrealized -21.8%

C CITIGROUP INC 3.4%

Value ($000) $8,057 Shares 130,000 Est. Cost $35.76 Unrealized +36.4%

DVA DAVITA INC 3.2%

Value ($000) $7,533 Shares 140,743 Est. Cost $66.81 Unrealized -17.2%

— ENDO INTL PLC 3.0%

Value ($000) $7,049 Shares 880,000 Est. Cost $6.41 Unrealized —

— ENDO INTL PLC 2.4%

Value ($000) $5,607 Shares 700,000 Est. Cost $6.41 Unrealized —

BB BLACKBERRY LTD 2.0%

Value ($000) $4,688 Shares 529,040 Est. Cost $7.99 Unrealized +5.3%

— RESOLUTE FST PRODS INC 1.4%

Value ($000) $3,196 Shares 400,000 Est. Cost $12.15 Unrealized —

— SEARS HOMETOWN & OUTLET STOR 1.1%

Value ($000) $2,695 Shares 1,301,960 Est. Cost $16.00 Unrealized —

— SPIRIT AIRLS INC 1.1%

Value ($000) $2,588 Shares 50,000 Est. Cost $36.36 Unrealized —

BAC BANK AMER CORP 1.1%

Value ($000) $2,552 Shares 93,376 Est. Cost $25.47 Unrealized -6.2%

— COMPUCREDIT HLDGS CORP 1.0%

Value ($000) $2,449 Shares 4,800,000 Est. Cost $0.44 Unrealized —

Value ($000) $1,171 Shares 21,000 Est. Cost $35.05 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.5%

Value ($000) $1,152 Shares 73,364 Est. Cost $8.06 Unrealized +42.7%

MGA MAGNA INTL INC 0.4%

Value ($000) $972 Shares 20,000 Est. Cost $38.61 Unrealized +4.7%

ALGT ALLEGIANT TRAVEL CO 0.2%

Value ($000) $547 Shares 4,317 Est. Cost $143.59 Unrealized -16.3%

— FIAT CHRYSLER AUTOMOBILES N 0.2%

Value ($000) $444 Shares 30,000 Est. Cost $14.47 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.1%

Value ($000) $342 Shares 4,575 Est. Cost $86.46 Unrealized —

TEVA TEVA PHARMACEUTICAL INDS LTD 0.1%

Value ($000) $234 Shares 15,000 Est. Cost $32.81 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	BERKSHIRE HATHAWAY INC DEL	150	$45,150	19.2%	$165023.42	+83.5%	CL A	084670108
BHC	BAUSCH HEALTH COS INC	1,648,992	$40,433	17.2%	$22.90	+4.3%	COM	071734107
—	RESOLUTE FST PRODS INC	4,571,960	$36,530	15.5%	$12.15	—	COM	76117W109
WFC	WELLS FARGO CO NEW	434,542	$21,332	9.1%	$46.51	-12.4%	COM	949746101
JPM	JPMORGAN CHASE & CO	109,275	$11,005	4.7%	$92.63	-7.9%	COM	46625H100
SNY	SANOFI	248,000	$10,976	4.7%	$51.51	—	SPONSORED ADR	80105N105
GS	GOLDMAN SACHS GROUP INC	50,000	$9,559	4.1%	$120.06	+36.7%	COM	38141G104
MBI	MBIA INC	952,531	$9,411	4.0%	$5.48	-21.8%	COM	55262C100
C	CITIGROUP INC	130,000	$8,057	3.4%	$35.76	+36.4%	COM NEW	172967424
DVA	DAVITA INC	140,743	$7,533	3.2%	$66.81	-17.2%	COM	23918K108
—	ENDO INTL PLC	880,000	$7,049	3.0%	$6.41	—	SHS	G30401106
—	ENDO INTL PLC	700,000	$5,607	2.4%	$6.41	—	Call	G30401106
BB	BLACKBERRY LTD	529,040	$4,688	2.0%	$7.99	+5.3%	COM	09228F103
—	RESOLUTE FST PRODS INC	400,000	$3,196	1.4%	$12.15	—	Call	76117W109
—	SEARS HOMETOWN & OUTLET STOR	1,301,960	$2,695	1.1%	$16.00	—	COM	812362101
—	SPIRIT AIRLS INC	50,000	$2,588	1.1%	$36.36	—	COM	848577102
BAC	BANK AMER CORP	93,376	$2,552	1.1%	$25.47	-6.2%	COM	060505104
—	COMPUCREDIT HLDGS CORP	4,800,000	$2,449	1.0%	$0.44	—	NOTE 5.875%11/3	20478NAD2
PKX	POSCO	21,000	$1,171	0.5%	$35.05	—	SPONSORED ADR	693483109
CYD	CHINA YUCHAI INTL LTD	73,364	$1,152	0.5%	$8.06	+42.7%	COM	G21082105
MGA	MAGNA INTL INC	20,000	$972	0.4%	$38.61	+4.7%	COM	559222401
ALGT	ALLEGIANT TRAVEL CO	4,317	$547	0.2%	$143.59	-16.3%	COM	01748X102
—	FIAT CHRYSLER AUTOMOBILES N	30,000	$444	0.2%	$14.47	—	COM	N31738102
RYAAY	RYANAIR HLDGS PLC	4,575	$342	0.1%	$86.46	—	SPONSORED ADR NE	783513203
TEVA	TEVA PHARMACEUTICAL INDS LTD	15,000	$234	0.1%	$32.81	—	SPONSORED ADR	881624209