Chou Associates Management Inc. Long-Term Concentrated

CIK: 0001389403 · Show all filings

Period: Q2 2019 (← Previous) (Next →)

Filing Date: Aug 14, 2019

Total Value ($000): $213,921 (98.9% shares, 1.1% debt)

Holdings (24)

BRK/A BERKSHIRE HATHAWAY INC DEL 22.3%

Value ($000) $47,752 Shares 150 Est. Cost $165023.42 Unrealized +88.4%

BHC BAUSCH HEALTH COS INC 19.4%

Value ($000) $41,588 Shares 1,648,992 Est. Cost $22.90 Unrealized +3.7%

— RESOLUTE FST PRODS INC 15.4%

Value ($000) $32,918 Shares 4,571,960 Est. Cost $12.15 Unrealized —

WFC WELLS FARGO CO NEW 9.6%

Value ($000) $20,563 Shares 434,542 Est. Cost $46.51 Unrealized -16.0%

JPM JPMORGAN CHASE & CO 5.7%

Value ($000) $12,217 Shares 109,275 Est. Cost $92.63 Unrealized -0.7%

GS GOLDMAN SACHS GROUP INC 4.8%

Value ($000) $10,230 Shares 50,000 Est. Cost $120.06 Unrealized +40.8%

C CITIGROUP INC 4.3%

Value ($000) $9,104 Shares 130,000 Est. Cost $35.76 Unrealized +47.9%

MBI MBIA INC 4.1%

Value ($000) $8,868 Shares 952,531 Est. Cost $5.48 Unrealized -25.7%

DVA DAVITA INC 3.2%

Value ($000) $6,793 Shares 120,743 Est. Cost $66.81 Unrealized -22.5%

BB BLACKBERRY LTD 1.8%

Value ($000) $3,943 Shares 529,040 Est. Cost $7.99 Unrealized +8.7%

— ENDO INTL PLC 1.7%

Value ($000) $3,626 Shares 880,000 Est. Cost $6.41 Unrealized —

— SEARS HOMETOWN & OUTLET STOR 1.4%

Value ($000) $3,087 Shares 1,296,960 Est. Cost $16.00 Unrealized —

BAC BANK AMER CORP 1.3%

Value ($000) $2,708 Shares 93,376 Est. Cost $25.47 Unrealized -3.8%

— COMPUCREDIT HLDGS CORP 1.1%

Value ($000) $2,448 Shares 4,800,000 Est. Cost $0.44 Unrealized —

— SPIRIT AIRLS INC 1.1%

Value ($000) $2,386 Shares 50,000 Est. Cost $36.36 Unrealized —

Value ($000) $1,114 Shares 21,000 Est. Cost $35.05 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.5%

Value ($000) $1,100 Shares 73,364 Est. Cost $8.06 Unrealized +36.6%

MGA MAGNA INTL INC 0.5%

Value ($000) $994 Shares 20,000 Est. Cost $38.61 Unrealized +3.4%

SNY SANOFI 0.4%

Value ($000) $865 Shares 20,000 Est. Cost $51.51 Unrealized —

ALGT ALLEGIANT TRAVEL CO 0.3%

Value ($000) $619 Shares 4,317 Est. Cost $143.59 Unrealized -7.4%

— FIAT CHRYSLER AUTOMOBILES N 0.2%

Value ($000) $415 Shares 30,000 Est. Cost $14.47 Unrealized —

RYAAY RYANAIR HLDGS PLC 0.1%

Value ($000) $293 Shares 4,575 Est. Cost $86.46 Unrealized —

— SEARS HOMETOWN & OUTLET STOR 0.1%

Value ($000) $152 Shares 64,000 Est. Cost $16.00 Unrealized —

TEVA TEVA PHARMACEUTICAL INDS LTD 0.1%

Value ($000) $138 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	$47,752	22.3%	$165023.42	+88.4%	CL A	084670108
BHC	BAUSCH HEALTH COS INC	1,648,992	$41,588	19.4%	$22.90	+3.7%	COM	071734107
—	RESOLUTE FST PRODS INC	4,571,960	$32,918	15.4%	$12.15	—	COM	76117W109
WFC	WELLS FARGO CO NEW	434,542	$20,563	9.6%	$46.51	-16.0%	COM	949746101
JPM	JPMORGAN CHASE & CO	109,275	$12,217	5.7%	$92.63	-0.7%	COM	46625H100
GS	GOLDMAN SACHS GROUP INC	50,000	$10,230	4.8%	$120.06	+40.8%	COM	38141G104
C	CITIGROUP INC	130,000	$9,104	4.3%	$35.76	+47.9%	COM NEW	172967424
MBI	MBIA INC	952,531	$8,868	4.1%	$5.48	-25.7%	COM	55262C100
DVA	DAVITA INC	120,743	$6,793	3.2%	$66.81	-22.5%	COM	23918K108
BB	BLACKBERRY LTD	529,040	$3,943	1.8%	$7.99	+8.7%	COM	09228F103
—	ENDO INTL PLC	880,000	$3,626	1.7%	$6.41	—	SHS	G30401106
—	SEARS HOMETOWN & OUTLET STOR	1,296,960	$3,087	1.4%	$16.00	—	COM	812362101
BAC	BANK AMER CORP	93,376	$2,708	1.3%	$25.47	-3.8%	COM	060505104
—	COMPUCREDIT HLDGS CORP	4,800,000	$2,448	1.1%	$0.44	—	NOTE 5.875%11/3	20478NAD2
—	SPIRIT AIRLS INC	50,000	$2,386	1.1%	$36.36	—	COM	848577102
PKX	POSCO	21,000	$1,114	0.5%	$35.05	—	SPONSORED ADR	693483109
CYD	CHINA YUCHAI INTL LTD	73,364	$1,100	0.5%	$8.06	+36.6%	COM	G21082105
MGA	MAGNA INTL INC	20,000	$994	0.5%	$38.61	+3.4%	COM	559222401
SNY	SANOFI	20,000	$865	0.4%	$51.51	—	SPONSORED ADR	80105N105
ALGT	ALLEGIANT TRAVEL CO	4,317	$619	0.3%	$143.59	-7.4%	COM	01748X102
—	FIAT CHRYSLER AUTOMOBILES N	30,000	$415	0.2%	$14.47	—	COM	N31738102
RYAAY	RYANAIR HLDGS PLC	4,575	$293	0.1%	$86.46	—	SPONSORED ADR NE	783513203
—	SEARS HOMETOWN & OUTLET STOR	64,000	$152	0.1%	$16.00	—	Call	812362101
TEVA	TEVA PHARMACEUTICAL INDS LTD	15,000	$138	0.1%	$32.81	—	SPONSORED ADR	881624209