Featured 13F manager
Chou Associates Management Inc. Francis Chou
Toronto, A6 20 processed 13Fs on this site · 2021 Q3–2026 Q2
- $217M
- 31 Positions
- 2026 Q2
- +3.3% QoQ
- Top 5 61.9%
Portfolio
top 5 61.9% · top 10 82.6%
- BRK.A - Berkshire Hathaway · CL A 29.7%
- GOOG - Alphabet · CL C 11.8%
- SYF - Synchrony Financial 7.8%
- OXY - Occidental 7.0%
- SIRI - Siriusxm 5.6%
- AAPL - Apple 5.4%
- ALLY - Ally Finl 4.8%
- STLA - Stellantis 3.7%
- JEF - Jefferies Finl Group 3.5%
- PYPL - Paypal 3.3%
- WFC - Wells Fargo 2.3%
- C - Citigroup 2.1%
- Other 13.0%
AUM over time
Book
| BRK.A - Berkshire Hathaway · CL A | 39.35% | Add +12.5% | 90 | $612,241 | $55M | +10 | +$3M |
| GOOG - Alphabet · CL C | 10.79% | New | 82,390 | $183.42 | $15M | +82,390 | +$15M |
| AAPL - Apple | 6.62% | New | 44,000 | $210.62 | $9M | +44,000 | +$9M |
| SYF - Synchrony Financial | 6.51% | Add +61.0% | 193,202 | $47.19 | $9M | +73,202 | +$4M |
| STLA - Stellantis | 6.47% | Add +1421.3% | 456,388 | $19.85 | $9M | +426,388 | +$8M |
| ALLY - Ally Finl | 6.39% | Add +44.9% | 225,525 | $39.67 | $9M | +69,839 | +$2M |
| Navient | 2.75% | Add +44.1% | 264,245 | $14.56 | $4M | +80,907 | +$586K |
| C - Citigroup | 2.61% | Hold | 57,695 | $63.46 | $4M | — | — |
| WFC - Wells Fargo | 2.53% | Add +204.7% | 59,542 | $59.39 | $4M | +40,000 | +$2M |
| POOL - POOL Corp | 2.33% | New | 10,636 | $307.33 | $3M | +10,636 | +$3M |
| MCO - Moodys | 1.77% | New | 5,899 | $420.93 | $2M | +5,899 | +$2M |
| PYPL - Paypal | 1.70% | New | 41,000 | $58.03 | $2M | +41,000 | +$2M |
| LBTYA - Liberty Global | 1.52% | Add +25.8% | 121,823 | $17.43 | $2M | +25,000 | +$449K |
| BAC - Bank of America | 1.42% | New | 50,000 | $39.77 | $2M | +50,000 | +$2M |
| MBI - MBIA | 1.26% | New | 321,000 | $5.49 | $2M | +321,000 | +$2M |
| CASH - Pathward Financial | 1.11% | New | 27,389 | $56.57 | $2M | +27,389 | +$2M |
| Assured Guaranty | 0.61% | New | 10,990 | $77.15 | $848K | +10,990 | +$848K |
| CYD - China Yuchai Intl | 0.48% | Hold | 73,364 | $9.10 | $668K | — | — |
| Liberty Media Del | 0.45% | Add +88.1% | 28,282 | $22.16 | $627K | +13,250 | +$170K |
| JEF - Jefferies Finl Group | 0.39% | New | 10,987 | $49.76 | $547K | +10,987 | +$547K |
| LPX - Louisiana Pac | 0.35% | New | 5,886 | $82.33 | $485K | +5,886 | +$485K |
| LEA - LEAR | 0.33% | New | 4,000 | $114.21 | $457K | +4,000 | +$457K |
| MGA - Magna Intl | 0.30% | Hold | 10,000 | $41.90 | $419K | — | — |
| IMO - Imperial Oil | 0.24% | Hold | 5,000 | $68.18 | $341K | — | — |
| RYAAY - Ryanair | 0.20% | Hold | 2,375 | $116.44 | $277K | — | — |
| BABA - Alibaba Group | 0.17% | Hold | 3,400 | $72.00 | $245K | — | — |
| MEOH - Methanex | 0.14% | Hold | 4,000 | $48.28 | $193K | — | — |
| CACC - Credit Accep Mich | 0.10% | New | 262 | $514.68 | $135K | +262 | +$135K |
| VTS - Vitesse Energy | 0.02% | New | 1,293 | $23.70 | $31K | +1,293 | +$31K |
Exits / last held
not current holdings · last reported size, unchanged · gone vs 2024 Q1
| Stock | % of portfolio | Recent activity | Shares | Reported price* | Value | Share change | $ change |
|---|---|---|---|---|---|---|---|
| BHC - Bausch Health Cos | 8.70% | Exit | 0 | $10.85 | $8M | −715,000 | −$8M |
| BB - Blackberry | 0.98% | Exit | 0 | $2.80 | $876K | −312,900 | −$876K |
Filings history
20 periods · normalized AUM · open a period for holdings
| Period | Holdings | AUM | QoQ | Form | Filed | Filing ID |
|---|---|---|---|---|---|---|
| 2026 Q2 | 31 | $217M | +3.3% | 13F-HR | 8/12/2026 | 000110465926094668 |
| 2026 Q1 | 31 | $210M | +4.0% | 13F-HR | 5/14/2026 | 000110465926060931 |
| 2025 Q4 | 28 | $202M | −2.9% | 13F-HR | 2/13/2026 | 000110465926015054 |
| 2025 Q3 | 31 | $208M | +13.7% | 13F-HR | 11/14/2025 | 000110465925112218 |
| 2025 Q2 | 31 | $183M | −1.1% | 13F-HR | 8/13/2025 | 000110465925077432 |
| 2025 Q1 | 33 | $185M | +25.9% | 13F-HR | 5/15/2025 | 000110465925049383 |
| 2024 Q4 | 32 | $147M | −8.1% | 13F-HR | 2/13/2025 | 000110465925012614 |
| 2024 Q3 | 33 | $160M | +14.3% | 13F-HR | 11/8/2024 | 000110465924115940 |
| 2024 Q2 | 31 | $140M | +57.3% | 13F-HR | 8/14/2024 | 000110465924089315 |
| 2024 Q1 | 18 | $89M | +17.1% | 13F-HR | 5/14/2024 | 000110465924061246 |
| 2023 Q4 | 16 | $76M | +1.3% | 13F-HR | 2/14/2024 | 000110465924022879 |
| 2023 Q3 | 18 | $75M | −5.1% | 13F-HR | 11/14/2023 | 000110465923117924 |
| 2023 Q2 | 18 | $79M | +9.7% | 13F-HR | 8/14/2023 | 000110465923090662 |
| 2023 Q1 | 17 | $72M | +1.4% | 13F-HR | 5/15/2023 | 000110465923059969 |
| 2022 Q4 | 18 | $71M | −49.3% | 13F-HR | 2/14/2023 | 000110465923021493 |
| 2022 Q3 | 20 | $140M | 0.0% | 13F-HR | 11/15/2022 | 000110465922119059 |
| 2022 Q2 | 19 | $140M | −25.5% | 13F-HR | 8/15/2022 | 000110465922090265 |
| 2022 Q1 | 18 | $188M | −1.6% | 13F-HR | 5/16/2022 | 000110465922061073 |
| 2021 Q4 | 19 | $191M | −7.7% | 13F-HR | 2/14/2022 | 000110465922022069 |
| 2021 Q3 | 19 | $207M | — | 13F-HR | 11/15/2021 | 000110465921138960 |
About
Chou Associates Management Inc.
20 processed 13Fs on this site · 2021 Q3–2026 Q2