Chou Associates Management Inc. — 13F Holdings & Portfolio
CIK 1389403 · latest 13F-HR filed 2026-05-14
Chou Associates Management Inc. manages $210.3M in 13F-reported U.S. long-equity assets across 31 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are BRK.A (29.37%), GOOG (9.88%), OXY (9.68%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 5 new positions, exited 2, added to 9, and trimmed 14.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$210.3M
Long-equity book
31
Distinct positions
2026-03-31
Filed 2026-05-14
+5 / −2 / ↑9 / ↓14
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- OCCIDENTAL PETE CORP$7.5M +58.1%
- JEFFERIES FINL GROUP INC$5.5M +804.6%
- PAYPAL HLDGS INC$5.2M +216.3%
- SIRIUSXM HOLDINGS INC$1.3M +15.4%
- PATHWARD FINANCIAL INC$499.3K +25.7%
Top Trims
- STELLANTIS N.V-$5.3M -34.9%
- SYNCHRONY FINANCIAL-$2.8M -15.6%
- ALPHABET INC-$2.0M -8.6%
- ALLY FINL INC-$1.4M -13.4%
- ALIBABA GROUP HLDG LTD-$884.9K -14.4%
New Positions
- BRAEMAR HOTELS & RESORTS INC$2.5M
- KRAFT HEINZ CO$1.6M
- BERKSHIRE HATHAWAY INC DEL$1.5M
- HP INC$509.1K
- ATKORE INC$494.8K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK.A | 084670108 | $61.8M | 29.37% | 86 | SH |
| 2 | ALPHABET INC | GOOG | 02079K107 | $20.8M | 9.88% | 72,390 | SH |
| 3 | OCCIDENTAL PETE CORP | OXY | 674599105 | $20.3M | 9.68% | 313,000 | SH |
| 4 | SYNCHRONY FINANCIAL | SYF | 87165B103 | $15.2M | 7.22% | 223,202 | SH |
| 5 | APPLE INC | AAPL | 037833100 | $11.2M | 5.31% | 44,000 | SH |
| 6 | STELLANTIS N.V | STLA | N82405106 | $9.9M | 4.70% | 1,394,194 | SH |
| 7 | SIRIUSXM HOLDINGS INC | SIRI | 829933100 | $9.5M | 4.50% | 409,589 | SH |
| 8 | ALLY FINL INC | ALLY | 02005N100 | $8.8M | 4.21% | 225,525 | SH |
| 9 | PAYPAL HLDGS INC | PYPL | 70450Y103 | $7.6M | 3.60% | 167,400 | SH |
| 10 | JEFFERIES FINL GROUP INC | JEF | 47233W109 | $6.2M | 2.93% | 149,237 | SH |
| 11 | ALIBABA GROUP HLDG LTD | BABA | 01609W102 | $5.3M | 2.50% | 41,900 | SH |
| 12 | WELLS FARGO CO NEW | WFC | 949746101 | $4.7M | 2.25% | 59,542 | SH |
| 13 | GENERAL MTRS CO | GM | 37045V100 | $3.9M | 1.84% | 52,000 | SH |
| 14 | CITIGROUP INC | C | 172967424 | $3.7M | 1.76% | 32,695 | SH |
| 15 | BRAEMAR HOTELS & RESORTS INC | BHR | 10482BAB7 | $2.5M | 1.17% | 2,500,000 | PRN |
| 16 | PATHWARD FINANCIAL INC | CASH | 59100U108 | $2.4M | 1.16% | 27,389 | SH |
| 17 | BANK AMERICA CORP | BAC | 060505104 | $2.4M | 1.16% | 50,000 | SH |
| 18 | POOL CORP | POOL | 73278L105 | $2.2M | 1.02% | 10,636 | SH |
| 19 | MBIA INC | MBI | 55262C100 | $1.9M | 0.90% | 321,000 | SH |
| 20 | KRAFT HEINZ CO | KHC | 500754106 | $1.6M | 0.74% | 69,500 | SH |
| 21 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $1.5M | 0.71% | 3,100 | SH |
| 22 | ASSURED GUARANTY LTD | AGO | G0585R106 | $1.4M | 0.66% | 16,990 | SH |
| 23 | METHANEX CORP | MEOH | 59151K108 | $1.2M | 0.57% | 20,000 | SH |
| 24 | CHINA YUCHAI INTL LTD | CYD | G21082105 | $899.5K | 0.43% | 23,364 | SH |
| 25 | IMPERIAL OIL LTD | IMO | 453038408 | $654.9K | 0.31% | 5,000 | SH |
| 26 | MOODYS CORP | MCO | 615369105 | $654.4K | 0.31% | 1,500 | SH |
| 27 | MAGNA INTL INC | MGA | 559222401 | $558.1K | 0.27% | 10,000 | SH |
| 28 | HP INC | HPQ | 40434L105 | $509.1K | 0.24% | 26,500 | SH |
| 29 | ATKORE INC | ATKR | 047649108 | $494.8K | 0.24% | 8,400 | SH |
| 30 | LOUISIANA PAC CORP | LPX | 546347105 | $428.2K | 0.20% | 5,886 | SH |
| 31 | RYANAIR HOLDINGS PLC | RYAAY | 783513203 | $343.2K | 0.16% | 5,937 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-14 | $210.3M | 31 | 0001104659-26-060931 |
| 2025-12-31 | 2026-02-13 | $201.6M | 28 | 0001104659-26-015054 |
| 2025-09-30 | 2025-11-14 | $207.7M | 31 | 0001104659-25-112218 |