Chou Associates Management 13F, Q2 2026
Francis Chou · quarter ending 30 June 2026 · filed 12 August 2026 · SEC CIK 1389403
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2026
The 25 largest of 31 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2026 filing.
| Company | Ticker | Value | % of book | vs Q1 2026 |
|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | BRK/A | $64.40M | 29.7% | unchanged |
| ALPHABET INC | GOOG | $25.58M | 11.8% | unchanged |
| SYNCHRONY FINANCIAL | SYF | $16.97M | 7.8% | unchanged |
| OCCIDENTAL PETE CORP | OXY | $15.20M | 7.0% | unchanged |
| SIRIUSXM HOLDINGS INC | SIRI | $12.10M | 5.6% | unchanged |
| APPLE INC | AAPL | $11.57M | 5.3% | -9% shares |
| ALLY FINL INC | ALLY | $10.36M | 4.8% | unchanged |
| STELLANTIS N.V | $8.00M | 3.7% | unchanged | |
| JEFFERIES FINL GROUP INC | JEF | $7.46M | 3.4% | unchanged |
| PAYPAL HLDGS INC | PYPL | $7.23M | 3.3% | unchanged |
| WELLS FARGO CO NEW | WFC | $4.92M | 2.3% | unchanged |
| CITIGROUP INC | C | $4.58M | 2.1% | unchanged |
| ALIBABA GROUP HLDG LTD | BABA | $4.02M | 1.9% | unchanged |
| GENERAL MTRS CO | GM | $4.01M | 1.9% | unchanged |
| BANK OF AMER CORP | BAC | $2.85M | 1.3% | unchanged |
| PATHWARD FINANCIAL INC | CASH | $2.38M | 1.1% | unchanged |
| POOL CORP | POOL | $2.29M | 1.1% | unchanged |
| MBIA INC | MBI | $2.09M | 1.0% | unchanged |
| KRAFT HEINZ CO | KHC | $1.64M | 0.8% | unchanged |
| BERKSHIRE HATHAWAY INC DEL | BRK/B | $1.55M | 0.7% | unchanged |
| ASSURED GUARANTY LTD | $1.36M | 0.6% | unchanged | |
| CHINA YUCHAI INTL LTD | $1.11M | 0.5% | unchanged | |
| METHANEX CORP | MEOH | $923.8K | 0.4% | unchanged |
| MOODYS CORP | MCO | $679.4K | 0.3% | unchanged |
| MAGNA INTL INC | MGA | $656.6K | 0.3% | unchanged |
What changed since Q1 2026
Against the Q1 2026 filing, Chou Associates Management opened 1 new position, added to 0, trimmed 1, left 29 unchanged and exited 1. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001104659-26-094668, 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.