Chou Associates Management Inc.
Chou Associates Management Inc. reported 31 US-listed holdings worth $216.6 million in its 13F for the quarter ended 30 June 2026, filed 12 August 2026. Its largest: Berkshire Hathaway Inc. Del (29.7%), Alphabet Inc. (11.8%) and Synchrony Financial (7.8%). Against the quarter before, it opened 1 position, added to 0, trimmed 1 and sold out of 0.
The 14 largest of its 31 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +17.5% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 1
- Vitesse Energy, Inc. VTS$20,391
Trimmed 1
- Apple Inc. AAPL-4,000 shares · -9%
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Berkshire Hathaway Inc. Del | 86 | $64.4 million | 29.73% | no change |
| Alphabet Inc. GOOG | 72.4K | $25.6 million | 11.81% | no change |
| Synchrony Financial SYF | 223.2K | $17.0 million | 7.84% | no change |
| Occidental Petroleum Corp. OXY | 313.0K | $15.2 million | 7.02% | no change |
| Sirius XM Holdings Inc. SIRI | 409.6K | $12.1 million | 5.59% | no change |
| Apple Inc. AAPL | 40.0K | $11.6 million | 5.34% | -4.0K |
| Ally Financial Inc. ALLY | 225.5K | $10.4 million | 4.78% | no change |
| Stellantis N.V. STLA | 1.4M | $8.0 million | 3.69% | no change |
| Jefferies Financial Group Inc. JEF | 149.2K | $7.5 million | 3.44% | no change |
| PayPal Holdings, Inc. PYPL | 167.4K | $7.2 million | 3.34% | no change |
| Wells Fargo & Company WFC | 59.5K | $4.9 million | 2.27% | no change |
| Citigroup Inc. C | 32.7K | $4.6 million | 2.11% | no change |
| Alibaba Group Holding Limited BABA | 41.9K | $4.0 million | 1.86% | no change |
| General Motors Co. GM | 52.0K | $4.0 million | 1.85% | no change |
| Bank of America Corp. BAC | 50.0K | $2.8 million | 1.32% | no change |
| Pathward Financial, Inc. CASH | 27.4K | $2.4 million | 1.10% | no change |
| Pool Corp. POOL | 10.6K | $2.3 million | 1.06% | no change |
| Mbia Inc. MBI | 321.0K | $2.1 million | 0.97% | no change |
| Kraft Heinz Co. KHC | 69.5K | $1.6 million | 0.76% | no change |
| Berkshire Hathaway Inc. Class B BRKB | 3.1K | $1.6 million | 0.72% | no change |
| Assured Guaranty Ltd. AGO | 17.0K | $1.4 million | 0.63% | no change |
| China Yuchai Intl Ltd CYD | 23.4K | $1.1 million | 0.51% | no change |
| Methanex Corp. MEOH | 20.0K | $923,814 | 0.43% | no change |
| Moody's Corp. MCO | 1.5K | $679,380 | 0.31% | no change |
| Magna Intl Inc. MGA | 10.0K | $656,600 | 0.30% | no change |
| Atkore Inc. ATKR | 8.4K | $638,736 | 0.29% | no change |
| HP Inc. HPQ | 26.5K | $581,410 | 0.27% | no change |
| Imperial Oil Ltd IMO | 5.0K | $561,466 | 0.26% | no change |
| Louisiana-Pacific Corp. LPX | 5.9K | $462,993 | 0.21% | no change |
| Ryanair Holdings PLC RYAAY | 5.9K | $384,421 | 0.18% | no change |
| Vitesse Energy, Inc. VTS | 1.3K | $20,391 | 0.01% | new |