Chou Associates Management Inc. Long-Term Concentrated

Location: Toronto, Ontario, Canada

CIK: 0001389403 · Show all filings

Period: Q2 2019 (← Previous) (Next →)

Filing Date: Aug 14, 2019

Total Value: $214M (98.9% shares, 1.1% debt)

Holdings (24)

BRK/A BERKSHIRE HATHAWAY INC DEL 22.3%

Value $47.75M Shares 150 Est. Cost $165023.42 Unrealized +88.4%

BHC BAUSCH HEALTH COS INC 19.4%

Value $41.59M Shares 1,648,992 Est. Cost $22.90 Unrealized +3.7%

— RESOLUTE FST PRODS INC 15.4%

Value $32.92M Shares 4,571,960 Est. Cost $12.15 Unrealized —

WFC WELLS FARGO CO NEW 9.6%

Value $20.56M Shares 434,542 Est. Cost $46.51 Unrealized -16.0%

JPM JPMORGAN CHASE & CO 5.7%

Value $12.22M Shares 109,275 Est. Cost $92.63 Unrealized -0.7%

GS GOLDMAN SACHS GROUP INC 4.8%

Value $10.23M Shares 50,000 Est. Cost $120.06 Unrealized +40.8%

C CITIGROUP INC 4.3%

Value $9.104M Shares 130,000 Est. Cost $35.76 Unrealized +47.9%

MBI MBIA INC 4.1%

Value $8.868M Shares 952,531 Est. Cost $5.48 Unrealized -25.7%

DVA DAVITA INC 3.2%

Value $6.793M Shares 120,743 Est. Cost $66.81 Unrealized -22.5%

BB BLACKBERRY LTD 1.8%

Value $3.943M Shares 529,040 Est. Cost $7.99 Unrealized +8.7%

— ENDO INTL PLC 1.7%

Value $3.626M Shares 880,000 Est. Cost $6.41 Unrealized —

— SEARS HOMETOWN & OUTLET STOR 1.4%

Value $3.087M Shares 1,296,960 Est. Cost $16.00 Unrealized —

BAC BANK AMER CORP 1.3%

Value $2.708M Shares 93,376 Est. Cost $25.47 Unrealized -3.8%

— COMPUCREDIT HLDGS CORP 1.1%

Value $2.448M Shares 4,800,000 Est. Cost $0.44 Unrealized —

— SPIRIT AIRLS INC 1.1%

Value $2.386M Shares 50,000 Est. Cost $36.36 Unrealized —

Value $1.114M Shares 21,000 Est. Cost $35.05 Unrealized —

CYD CHINA YUCHAI INTL LTD 0.5%

Value $1.1M Shares 73,364 Est. Cost $8.06 Unrealized +36.6%

MGA MAGNA INTL INC 0.5%

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

SNY SANOFI 0.4%

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

ALGT ALLEGIANT TRAVEL CO 0.3%

Value $619K Shares 4,317 Est. Cost $143.59 Unrealized -7.4%

— FIAT CHRYSLER AUTOMOBILES N 0.2%

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

RYAAY RYANAIR HLDGS PLC 0.1%

Value $293K Shares 4,575 Est. Cost $86.46 Unrealized —

— SEARS HOMETOWN & OUTLET STOR 0.1%

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

TEVA TEVA PHARMACEUTICAL INDS LTD 0.1%

Value $138K Shares 15,000 Est. Cost $32.81 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	BERKSHIRE HATHAWAY INC DEL	150	$47.75M	22.3%	$165023.42	+88.4%	CL A	084670108
BHC	BAUSCH HEALTH COS INC	1,648,992	$41.59M	19.4%	$22.90	+3.7%	COM	071734107
—	RESOLUTE FST PRODS INC	4,571,960	$32.92M	15.4%	$12.15	—	COM	76117W109
WFC	WELLS FARGO CO NEW	434,542	$20.56M	9.6%	$46.51	-16.0%	COM	949746101
JPM	JPMORGAN CHASE & CO	109,275	$12.22M	5.7%	$92.63	-0.7%	COM	46625H100
GS	GOLDMAN SACHS GROUP INC	50,000	$10.23M	4.8%	$120.06	+40.8%	COM	38141G104
C	CITIGROUP INC	130,000	$9.104M	4.3%	$35.76	+47.9%	COM NEW	172967424
MBI	MBIA INC	952,531	$8.868M	4.1%	$5.48	-25.7%	COM	55262C100
DVA	DAVITA INC	120,743	$6.793M	3.2%	$66.81	-22.5%	COM	23918K108
BB	BLACKBERRY LTD	529,040	$3.943M	1.8%	$7.99	+8.7%	COM	09228F103
—	ENDO INTL PLC	880,000	$3.626M	1.7%	$6.41	—	SHS	G30401106
—	SEARS HOMETOWN & OUTLET STOR	1,296,960	$3.087M	1.4%	$16.00	—	COM	812362101
BAC	BANK AMER CORP	93,376	$2.708M	1.3%	$25.47	-3.8%	COM	060505104
—	COMPUCREDIT HLDGS CORP	4,800,000	$2.448M	1.1%	$0.44	—	NOTE 5.875%11/3	20478NAD2
—	SPIRIT AIRLS INC	50,000	$2.386M	1.1%	$36.36	—	COM	848577102
PKX	POSCO	21,000	$1.114M	0.5%	$35.05	—	SPONSORED ADR	693483109
CYD	CHINA YUCHAI INTL LTD	73,364	$1.1M	0.5%	$8.06	+36.6%	COM	G21082105
MGA	MAGNA INTL INC	20,000	$994K	0.5%	$38.61	+3.4%	COM	559222401
SNY	SANOFI	20,000	$865K	0.4%	$51.51	—	SPONSORED ADR	80105N105
ALGT	ALLEGIANT TRAVEL CO	4,317	$619K	0.3%	$143.59	-7.4%	COM	01748X102
—	FIAT CHRYSLER AUTOMOBILES N	30,000	$415K	0.2%	$14.47	—	COM	N31738102
RYAAY	RYANAIR HLDGS PLC	4,575	$293K	0.1%	$86.46	—	SPONSORED ADR NE	783513203
—	SEARS HOMETOWN & OUTLET STOR	64,000	$152K	0.1%	$16.00	—	Call	812362101
TEVA	TEVA PHARMACEUTICAL INDS LTD	15,000	$138K	0.1%	$32.81	—	SPONSORED ADR	881624209