Chou Associates Management 13F, Q2 2024
Francis Chou · quarter ending 30 June 2024 · filed 14 August 2024 · SEC CIK 1389403
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 1 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q2 2024
The 25 largest of 30 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2024 filing.
| Company | Ticker | Value | % of book | vs Q1 2024 |
|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | BRK/A | $55.10M | 39.6% | +13% shares |
| ALPHABET INC | GOOG | $15.11M | 10.9% | new |
| APPLE INC | AAPL | $9.27M | 6.7% | new |
| SYNCHRONY FINANCIAL | SYF | $9.12M | 6.6% | +61% shares |
| STELLANTIS N.V | $9.06M | 6.5% | +1421% shares | |
| ALLY FINL INC | ALLY | $8.95M | 6.4% | +45% shares |
| NAVIENT CORPORATION | NAVI | $3.85M | 2.8% | +44% shares |
| CITIGROUP INC | C | $3.66M | 2.6% | unchanged |
| WELLS FARGO CO NEW | WFC | $3.54M | 2.5% | +205% shares |
| POOL CORP | POOL | $3.27M | 2.4% | new |
| MOODYS CORP | MCO | $2.48M | 1.8% | new |
| PAYPAL HLDGS INC | PYPL | $2.38M | 1.7% | new |
| LIBERTY GLOBAL PLC | $2.12M | 1.5% | +26% shares | |
| BANK AMERICA CORP | BAC | $1.99M | 1.4% | new |
| MBIA INC | MBI | $1.76M | 1.3% | new |
| PATHWARD FINANCIAL INC | CASH | $1.55M | 1.1% | new |
| ASSURED GUARANTY LTD | $847.9K | 0.6% | new | |
| CHINA YUCHAI INTL LTD | $667.6K | 0.5% | unchanged | |
| LIBERTY MEDIA CORP DEL | $626.7K | 0.5% | +88% shares | |
| HERTZ GLOBAL HLDGS INC | HTZWW | $590.9K | 0.4% | -67% shares |
| JEFFERIES FINL GROUP INC | JEF | $546.7K | 0.4% | new |
| LOUISIANA PAC CORP | LPX | $484.6K | 0.3% | new |
| LEAR CORP | LEA | $456.8K | 0.3% | new |
| MAGNA INTL INC | MGA | $419.0K | 0.3% | unchanged |
| IMPERIAL OIL LTD | IMO | $340.9K | 0.3% | unchanged |
What changed since Q1 2024
Against the Q1 2024 filing, Chou Associates Management opened 14 new positions, added to 8, trimmed 1, left 7 unchanged and exited 2. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 6 more
Added to
Trimmed
- HTZWW-67%$590.9K
Other quarters
Source: SEC Form 13F-HR, accession 0001104659-24-089315, filed by Chou Associates Management Inc.. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.