Institutional
Chou Associates Management Inc.
CIK 0001389403
$210.3M
Reported AUM
31
Positions
Q1 2026
Period
2026-05-14
Filed
The Brief · Chou Associates Management Inc. · Q1 2026
AI · grounded in 13F
Chou Associates Management Inc. established a new position in BHR valued at $2.45M. The fund also opened new stakes in KHC for $1.56M and BRK/B for $1.49M. Additionally, the manager accumulated shares of JEF and PYPL, while closing positions in VTS and HTZWW.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | BRK/A | BERKSHIRE HATHAWAY INC DEL | — | — | — | — | $61.8M | 29.37% | — | HELD |
| 2 | GOOG | ALPHABET INC | $365.76 | -0.95% | 109.82% | 172.71% | $20.8M | 9.88% | — | HELD |
| 3 | OXY | OCCIDENTAL PETE CORP | $56.93 | -2.97% | 36.73% | 132.42% | $20.3M | 9.68% | — | HELD |
| 4 | SYF | SYNCHRONY FINANCIAL | $70.84 | 0.08% | 21.62% | 68.42% | $15.2M | 7.22% | +7,500 | +3.5% |
| 5 | AAPL | APPLE INC | $307.34 | -1.25% | 51.31% | 116.17% | $11.2M | 5.31% | — | HELD |
| 6 | STLA | STELLANTIS N.V | $7.11 | 0.07% | -27.96% | -49.18% | $9.9M | 4.70% | — | HELD |
| 7 | SIRI | SIRIUSXM HOLDINGS INC | $27.01 | -2.81% | 28.86% | -49.89% | $9.5M | 4.50% | — | HELD |
| 8 | ALLY | ALLY FINL INC | $42.77 | 0.85% | 21.36% | -1.81% | $8.8M | 4.21% | — | HELD |
| 9 | PYPL | PAYPAL HLDGS INC | $41.29 | -3.42% | -43.28% | -84.88% | $7.6M | 3.60% | +126,400 | +308.3% |
| 10 | JEF | JEFFERIES FINL GROUP INC | $55.69 | 0.81% | 9.39% | 104.05% | $6.2M | 2.93% | +138,250 | +1258.3% |
| 11 | BABA | ALIBABA GROUP HLDG LTD | $121.06 | -3.88% | 3.12% | -34.69% | $5.3M | 2.50% | — | HELD |
| 12 | WMT2 | WELLS FARGO CO NEW | — | — | — | — | $4.7M | 2.25% | — | HELD |
| 13 | GM | GENERAL MTRS CO | $82.11 | -1.33% | 75.11% | 50.40% | $3.9M | 1.84% | — | HELD |
| 14 | C | CITIGROUP INC | $132.47 | -1.98% | 73.11% | 132.92% | $3.7M | 1.76% | — | HELD |
| 15 | BHR | BRAEMAR HOTELS & RESORTS INC | $2.51 | 0.40% | 9.58% | -38.10% | $2.5M | 1.17% | +2,500,000 | NEW |
| 16 | CASH | PATHWARD FINANCIAL INC | $79.89 | 1.06% | 2.92% | 63.57% | $2.4M | 1.16% | — | HELD |
| 17 | BAC | BANK AMERICA CORP | $53.83 | -0.63% | 23.03% | 58.61% | $2.4M | 1.16% | — | HELD |
| 18 | POOL | POOL CORP | $185.52 | 1.26% | -36.16% | -58.43% | $2.2M | 1.02% | — | HELD |
| 19 | MBI | MBIA INC | $6.13 | 7.17% | 38.06% | 7.68% | $1.9M | 0.90% | — | HELD |
| 20 | KHC | KRAFT HEINZ CO | $22.58 | 0.49% | -9.86% | -24.81% | $1.6M | 0.74% | +69,500 | NEW |
| 21 | BRK/B | BERKSHIRE HATHAWAY INC DEL | — | — | — | — | $1.5M | 0.71% | +3,100 | NEW |
| 22 | AGO | ASSURED GUARANTY LTD | $75.57 | 2.30% | -10.08% | 70.72% | $1.4M | 0.66% | +6,000 | +54.6% |
| 23 | MEOH | METHANEX CORP | $59.62 | 3.48% | 77.07% | 85.28% | $1.2M | 0.57% | — | HELD |
| 24 | CYD | CHINA YUCHAI INTL LTD | $56.76 | -2.41% | 180.58% | 344.32% | $900K | 0.43% | — | HELD |
| 25 | IMO | IMPERIAL OIL LTD | $124.96 | 2.66% | 70.38% | 404.18% | $655K | 0.31% | — | HELD |
| 26 | MCO | MOODYS CORP | $451.35 | 0.49% | -6.92% | 25.21% | $654K | 0.31% | — | HELD |
| 27 | MGA | MAGNA INTL INC | $66.97 | 1.33% | 85.32% | -6.89% | $558K | 0.27% | — | HELD |
| 28 | HPQ | HP INC | $25.58 | -2.74% | 6.72% | 5.36% | $509K | 0.24% | +26,500 | NEW |
| 29 | ATKR | ATKORE INC | $80.61 | -5.09% | 20.42% | 11.76% | $495K | 0.24% | +8,400 | NEW |
| 30 | LPX | LOUISIANA PAC CORP | $70.60 | -0.97% | -21.90% | 36.24% | $428K | 0.20% | — | HELD |
| 31 | RYAAY | RYANAIR HOLDINGS PLC | $56.98 | 0.02% | — | — | $343K | 0.16% | — | HELD |
| 32 | VTS | VITESSE ENERGY INC | $17.62 | -1.07% | — | — | — | — | −1,293 | EXITED |
| 33 | HTZWW | HERTZ GLOBAL HLDGS INC | $2.56 | 25.80% | — | — | — | — | −1,000 | EXITED |
Source: SEC EDGAR · accession 0001104659-26-060931. 13F discloses long positions only — shorts, foreign equities, and options are excluded.