MBIA INC

Ticker: MBI CUSIP: 55262C100 Class: Common Stock

Chou Associates Management Inc.'s Holding History (CIK: 0001389403)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 321,000 Value ($000) $2,298 Avg Close $7.23 Range $6.31 - $7.87

Q3 2025

Shares 321,000 Value ($000) $2,391 Avg Close $6.34 Range $4.26 - $8.26

Q2 2025

Shares 321,000 Value ($000) $1,393 Avg Close $4.44 Range $3.86 - $5.00

Q1 2025

Shares 321,000 Value ($000) $1,599 Avg Close $6.19 Range $4.91 - $7.46

Q4 2024

Shares 321,000 Value ($000) $2,074 Avg Close $5.16 Range $3.28 - $7.16

Q3 2024

Shares 321,000 Value ($000) $1,146 Avg Close $4.13 Range $3.22 - $5.72

Q2 2024

Shares 321,000 Value ($000) $1,762 Avg Close $5.99 Range $5.10 - $6.87

Q3 2023

Shares 199,530 Value ($000) $1,439 Avg Close $3.63 Range $3.13 - $3.95

Q2 2023

Shares 199,530 Value ($000) $1,724 Avg Close $3.93 Range $3.20 - $4.90

Q1 2023

Shares 199,530 Value ($000) $1,848 Avg Close $5.21 Range $3.43 - $6.11

Q4 2022

Shares 199,530 Value ($000) $2,564 Avg Close $4.98 Range $3.95 - $5.85

Q3 2022

Shares 199,530 Value ($000) $1,836 Avg Close $5.17 Range $3.89 - $5.84

Q2 2022

Shares 199,530 Value ($000) $2,464 Avg Close $5.74 Range $4.73 - $7.15

Q1 2022

Shares 599,530 Value ($000) $9,227 Avg Close $6.42 Range $5.25 - $7.81

Q4 2021

Shares 599,530 Value ($000) $9,467 Avg Close $5.76 Range $4.74 - $7.16

Q3 2021

Shares 599,530 Value ($000) $7,704 Avg Close $5.04 Range $4.49 - $5.88

Q2 2021

Shares 599,530 Value ($000) $6,595 Avg Close $4.35 Range $3.72 - $4.88

Q1 2021

Shares 599,530 Value ($000) $5,764 Avg Close $3.38 Range $2.60 - $4.72

Q4 2020

Shares 619,530 Value ($000) $4,077 Avg Close $2.84 Range $2.43 - $3.36

Q3 2020

Shares 652,531 Value ($000) $3,741 Avg Close $3.22 Range $2.41 - $3.79

Q2 2020

Shares 652,531 Value ($000) $4,564 Avg Close $3.17 Range $2.54 - $3.81

Q1 2020

Shares 652,531 Value ($000) $4,659 Avg Close $3.69 Range $2.15 - $4.24

Q4 2019

Shares 652,531 Value ($000) $6,069 Avg Close $4.15 Range $3.96 - $4.75

Q3 2019

Shares 652,531 Value ($000) $6,023 Avg Close $4.08 Range $3.67 - $4.40

Q2 2019

Shares 952,531 Value ($000) $8,868 Avg Close $4.07 Range $3.78 - $4.48

Q1 2019

Shares 952,531 Value ($000) $9,411 Avg Close $4.28 Range $3.81 - $4.75

Q4 2018

Shares 952,531 Value ($000) $8,497 Avg Close $4.15 Range $3.47 - $4.86

Q3 2018

Shares 958,097 Value ($000) $10,242 Avg Close $4.46 Range $3.68 - $5.07

Q2 2018

Shares 1,080,797 Value ($000) $9,770 Avg Close $3.94 Range $3.51 - $4.79

Q1 2018

Shares 1,080,797 Value ($000) $10,008 Avg Close $3.51 Range $3.00 - $4.27

Q4 2017

Shares 1,080,797 Value ($000) $7,911 Avg Close $3.39 Range $2.63 - $4.21

Q3 2017

Shares 1,080,797 Value ($000) $9,403 Avg Close $4.38 Range $3.66 - $4.68

Q2 2017

Shares 1,080,797 Value ($000) $10,230 Avg Close $3.71 Range $3.41 - $4.13

Q1 2017

Shares 1,080,797 Value ($000) $9,154 Avg Close $4.39 Range $3.41 - $5.08

Q4 2016

Shares 1,080,797 Value ($000) $11,565 Avg Close $4.03 Range $3.12 - $5.00

Q3 2016

Shares 1,080,797 Value ($000) $8,419 Avg Close $3.43 Range $2.88 - $3.80

Q2 2016

Shares 1,080,797 Value ($000) $7,382 Avg Close $3.24 Range $2.77 - $3.90

Q1 2016

Shares 1,080,797 Value ($000) $9,578 Avg Close $3.18 Range $2.40 - $4.14

Q4 2015

Shares 1,080,797 Value ($000) $7,004 Avg Close $2.96 Range $2.29 - $3.65

Q3 2015

Shares 1,080,797 Value ($000) $6,573 Avg Close $2.80 Range $2.31 - $3.38

Q2 2015

Shares 1,080,797 Value ($000) $6,494 Avg Close $3.94 Range $2.15 - $4.35

Q1 2015

Shares 1,080,797 Value ($000) $10,052 Avg Close $3.89 Range $3.45 - $4.24

Q4 2014

Shares 1,080,797 Value ($000) $10,341 Avg Close $4.21 Range $3.67 - $4.60

Q3 2014

Shares 1,080,797 Value ($000) $11,130 Avg Close $4.29 Range $3.94 - $4.99

Q2 2014

Shares 1,080,797 Value ($000) $12,738 Avg Close $5.37 Range $4.67 - $6.14

Q1 2014

Shares 1,080,797 Value ($000) $15,120 Avg Close $5.56 Range $4.66 - $6.66

Q4 2013

Shares 1,080,797 Value ($000) $12,905 Avg Close $5.03 Range $4.18 - $5.76

Q3 2013

Shares 1,080,797 Value ($000) $11,057 Avg Close $5.49 Range $4.43 - $6.15

Q2 2013

Shares 1,080,797 Value ($000) $14,385 Avg Close $5.48 Range $3.81 - $7.04

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	321,000	$2,298	$7.23	$6.31 - $7.87
Q3 2025	321,000	$2,391	$6.34	$4.26 - $8.26
Q2 2025	321,000	$1,393	$4.44	$3.86 - $5.00
Q1 2025	321,000	$1,599	$6.19	$4.91 - $7.46
Q4 2024	321,000	$2,074	$5.16	$3.28 - $7.16
Q3 2024	321,000	$1,146	$4.13	$3.22 - $5.72
Q2 2024	321,000	$1,762	$5.99	$5.10 - $6.87
Q3 2023	199,530	$1,439	$3.63	$3.13 - $3.95
Q2 2023	199,530	$1,724	$3.93	$3.20 - $4.90
Q1 2023	199,530	$1,848	$5.21	$3.43 - $6.11
Q4 2022	199,530	$2,564	$4.98	$3.95 - $5.85
Q3 2022	199,530	$1,836	$5.17	$3.89 - $5.84
Q2 2022	199,530	$2,464	$5.74	$4.73 - $7.15
Q1 2022	599,530	$9,227	$6.42	$5.25 - $7.81
Q4 2021	599,530	$9,467	$5.76	$4.74 - $7.16
Q3 2021	599,530	$7,704	$5.04	$4.49 - $5.88
Q2 2021	599,530	$6,595	$4.35	$3.72 - $4.88
Q1 2021	599,530	$5,764	$3.38	$2.60 - $4.72
Q4 2020	619,530	$4,077	$2.84	$2.43 - $3.36
Q3 2020	652,531	$3,741	$3.22	$2.41 - $3.79
Q2 2020	652,531	$4,564	$3.17	$2.54 - $3.81
Q1 2020	652,531	$4,659	$3.69	$2.15 - $4.24
Q4 2019	652,531	$6,069	$4.15	$3.96 - $4.75
Q3 2019	652,531	$6,023	$4.08	$3.67 - $4.40
Q2 2019	952,531	$8,868	$4.07	$3.78 - $4.48
Q1 2019	952,531	$9,411	$4.28	$3.81 - $4.75
Q4 2018	952,531	$8,497	$4.15	$3.47 - $4.86
Q3 2018	958,097	$10,242	$4.46	$3.68 - $5.07
Q2 2018	1,080,797	$9,770	$3.94	$3.51 - $4.79
Q1 2018	1,080,797	$10,008	$3.51	$3.00 - $4.27
Q4 2017	1,080,797	$7,911	$3.39	$2.63 - $4.21
Q3 2017	1,080,797	$9,403	$4.38	$3.66 - $4.68
Q2 2017	1,080,797	$10,230	$3.71	$3.41 - $4.13
Q1 2017	1,080,797	$9,154	$4.39	$3.41 - $5.08
Q4 2016	1,080,797	$11,565	$4.03	$3.12 - $5.00
Q3 2016	1,080,797	$8,419	$3.43	$2.88 - $3.80
Q2 2016	1,080,797	$7,382	$3.24	$2.77 - $3.90
Q1 2016	1,080,797	$9,578	$3.18	$2.40 - $4.14
Q4 2015	1,080,797	$7,004	$2.96	$2.29 - $3.65
Q3 2015	1,080,797	$6,573	$2.80	$2.31 - $3.38
Q2 2015	1,080,797	$6,494	$3.94	$2.15 - $4.35
Q1 2015	1,080,797	$10,052	$3.89	$3.45 - $4.24
Q4 2014	1,080,797	$10,341	$4.21	$3.67 - $4.60
Q3 2014	1,080,797	$11,130	$4.29	$3.94 - $4.99
Q2 2014	1,080,797	$12,738	$5.37	$4.67 - $6.14
Q1 2014	1,080,797	$15,120	$5.56	$4.66 - $6.66
Q4 2013	1,080,797	$12,905	$5.03	$4.18 - $5.76
Q3 2013	1,080,797	$11,057	$5.49	$4.43 - $6.15
Q2 2013	1,080,797	$14,385	$5.48	$3.81 - $7.04