Francis Chou (Chou Associates) Portfolio September 30, 2021
Francis Chou, revealed in a recent regulatory filing his newest positions. In his Chou Associates’s portfolio you can find all 15 holdings based on Chou’s 13F filings as of September 30, 2021.
| No. | Stock | Class | Value | % of total portfolio | Shares | Price per share* |
| 1 | BAUSCH HEALTH COS INC | COM | 41,636,000 | 26.2 | 1,495,000 | 27.85 |
| 2 | BERKSHIRE HATHAWAY INC DEL | CL A | 41,138,000 | 25.9 | 100 | 411380.0 |
| 3 | RESOLUTE FST PRODS INC | COM | 39,264,000 | 24.7 | 3,299,460 | 11.9 |
| 4 | WELLS FARGO CO NEW | COM | 7,868,000 | 4.9 | 169,542 | 46.41 |
| 5 | MBIA INC | COM | 7,704,000 | 4.8 | 599,530 | 12.85 |
| 6 | JPMORGAN CHASE & CO | COM | 5,610,000 | 3.5 | 34,275 | 163.68 |
| 7 | CITIGROUP INC | COM NEW | 4,049,000 | 2.5 | 57,695 | 70.18 |
| 8 | BLACKBERRY LTD | COM | 3,727,000 | 2.3 | 382,900 | 9.73 |
| 9 | GOLDMAN SACHS GROUP INC | COM | 2,684,000 | 1.7 | 7,100 | 378.03 |
| 10 | MAGNA INTL INC | COM | 1,505,000 | 0.9 | 20,000 | 75.25 |
| 11 | POSCO | SPONSORED ADR | 1,448,000 | 0.9 | 21,000 | 68.95 |
| 12 | CHINA YUCHAI INTL LTD | COM | 997,000 | 0.6 | 73,364 | 13.59 |
| 13 | STELLANTIS | COM | 573,000 | 0.4 | 30,000 | 19.1 |
| 14 | RYANAIR HLDGS PLC | SPONSORED ADR NE | 504,000 | 0.3 | 4,575 | 110.16 |
| 15 | LIBERTY GLOBAL PLC | COM | 358,000 | 0.2 | 12,000 | 29.83 |
*Price per share is the stock price on the date of the portfolio.
Given that Francis Chou also held 4 options in his portfolio, below is an overview of the options he had as of September 30, 2021.
| Stock | Class | Value | Shares | Options |
| RESOLUTE FST PRODS INC | CALL | 22,443 | 1,886,000 | Call |
| BAUSCH HEALTH COS INC | CALL | 16,710 | 600,000 | Call |
| MBIA INC | CALL | 5,140 | 400,000 | Call |
| BLACKBERRY LTD | CALL | 3,725 | 382,600 | Call |