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Francis Chou — 13F History

Chou Associates Management Inc.CIK 0001389403Form 13F-HR on EDGAR
Portfolio value$216.6M
Positions31
QuarterQ2 2026ended 2026-06-30
Filed08/122026

Every 13F on file since Q2 2013: what Francis Chou bought, added to, reduced and sold each quarter, largest moves first, with share counts adjusted for stock splits.

Every quarter

53 filings · newest first
Q2 2026$216.6M · 31 stocks · filed Aug 12, 2026
1 bought0 added1 reduced1 sold
sold BHR 4.5 06/01/26reduced −9% AAPLbought VTS
Q1 2026$210.3M · 31 stocks · filed May 14, 2026
5 bought4 added0 reduced2 sold
added +308% PYPLadded +1258% JEFbought BHR 4.5 06/01/26bought KHCbought BRK-Badded +3% SYF
Q4 2025$201.6M · 28 stocks · filed Feb 13, 2026
0 bought0 added4 reduced3 sold
reduced −42% SIRIreduced −12% GOOGreduced −43% Creduced −75% MCOsold LEAsold SNREN
Q3 2025$207.7M · 31 stocks · filed Nov 14, 2025
0 bought1 added0 reduced0 sold
added +101% STLA
Q2 2025$182.8M · 31 stocks · filed Aug 13, 2025
0 bought2 added2 reduced2 sold
added +360% OXYreduced −50% STLAsold GRPN 6.25 03/15/27 *reduced −68% CYDadded +400% MEOHsold LBTYA
Q1 2025$185.0M · 33 stocks · filed May 15, 2025
3 bought3 added0 reduced1 sold
added +5480% SIRIadded +206% STLAadded +1132% BABAbought OXYbought GRPN 6.25 03/15/27 *bought GM
Q4 2024$146.7M · 31 stocks · filed Feb 13, 2025
1 bought1 added4 reduced2 sold
sold OXYsold NAVIreduced −4% BRK/Aadded +12% SYFreduced −90% LBTYAreduced −99% HTZWW
Q3 2024$159.6M · 32 stocks · filed Nov 8, 2024
3 bought1 added1 reduced1 sold
bought OXYbought OXY/WSsold LM0Cbought SIRIadded +150% RYAAYreduced −21% HTZWW
Q2 2024$140.0M · 30 stocks · filed Aug 14, 2024
14 bought8 added1 reduced2 sold
bought GOOGbought AAPLadded +1421% STLAsold BHCadded +13% BRK/Aadded +61% SYF
Q1 2024$89.1M · 18 stocks · filed May 14, 2024
3 bought0 added0 reduced1 sold
sold LIBERTY GLOBAL PLCbought LBTYAbought LM0Cbought IMO
Q4 2023$76.1M · 16 stocks · filed Feb 14, 2024
0 bought0 added1 reduced2 sold
sold MBIsold NXHreduced −48% RYAAY
Q3 2023$75.0M · 18 stocks · filed Nov 14, 2023
0 bought0 added0 reduced0 sold
no changes

Each quarter is compared with the one before it. A quarter whose predecessor has no filing on file shows the book's size and no moves. Moves are ranked by the dollars that changed, at that quarter's reported prices; the twelve largest are kept.

Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.