Francis Chou - Chou Associates
As of Q2 2026, Francis Chou reported 31 long-equity positions worth $216.59M in aggregate.
Copy-investor backtest
- Latest quarter
- +2.05%
- 1-year
- +14.32%
- 3-year
- +44.37%
- 5-year
- +26.27%
- 3-year vs S&P 500
- -28.02%
- 5-year vs S&P 500
- -46.96%
- 5-year top 5
- +34.71%
Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.
Get email alerts when Francis Chou files a new 13F — sign in or create a free account.
Updated 2026-09-19 from SEC 13F data.
Live quotes available for 11 of 30 rows. Rows without a quote are marked unavailable.
| 1 | RFP | RESOLUTE FST PRODS INC | 14.87% | Add +10.2% | 4,127,259 | $54.56M | No quote | No quote |
| 2 | BRK-A | BERKSHIRE HATHAWAY INC DEL | 13.93% | - | 300 | $51.12M | $170410.00 | No quote |
| 3 | SHLD | SEARS HLDGS CORP | 13.06% | Add +17.5% | 803,526 | $47.92M | No quote | No quote |
| 4 | DELL | DELL INC | 9.38% | - | 2,500,000 | $34.43M | $13.77 | No quote |
| 5 | NOK | NOKIA CORP | 8.87% | Reduce -90.0% | 500,000 | $32.55M | $65.10 | No quote |
| 6 | SNY | SANOFI | 5.66% | - | 410,000 | $20.76M | $50.63 | No quote |
| 7 | OSTK | OVERSTOCK COM INC DEL | 5.62% | Reduce -36.1% | 694,471 | $20.61M | No quote | No quote |
| 8 | C | CITIGROUP INC | 5.42% | - | 410,000 | $19.89M | $48.51 | No quote |
| 9 | JPMWS | JPMORGAN CHASE & CO | 5.15% | - | 1,126,347 | $18.88M | No quote | No quote |
| 10 | WFCWS | WELLS FARGO & CO NEW | 3.82% | - | 997,500 | $14.01M | No quote | No quote |
| 11 | GS | GOLDMAN SACHS GROUP INC | 3.23% | - | 75,000 | $11.87M | $158.21 | No quote |
| 12 | MBI | MBIA INC | 3.01% | - | 1,080,797 | $11.06M | $10.23 | No quote |
| 13 | - | ACTAVIS INCCUSIP 00507K103 | 3.01% | Reduce -58.6% | 76,705 | $11.05M | No quote | No quote |
| 14 | BACWSA | BANK OF AMERICA CORPORATION | 1.39% | - | 836,825 | $5.1M | No quote | No quote |
| 15 | CHT | CHUNGHWA TELECOM CO LTD | 1.14% | - | 132,088 | $4.17M | No quote | No quote |
| 16 | RSH | RADIOSHACK CORP | 0.74% | - | 794,071 | $2.71M | No quote | No quote |
| 17 | PTGI | PRIMUS TELECOMMUNICATIONS GR | 0.42% | - | 451,022 | $1.53M | No quote | No quote |
| 18 | BB | BLACKBERRY LTD | 0.40% | New | 185,000 | $1.46M | $7.88 | No quote |
| 19 | RYAAY | RYANAIR HLDGS PLC | 0.23% | Reduce -37.0% | 17,000 | $846K | $49.76 | No quote |
| 20 | S | SPRINT CORP | 0.19% | New | 110,770 | $688K | No quote | No quote |
| 21 | CYD | CHINA YUCHAI INTL LTD | 0.17% | - | 25,537 | $607K | $23.77 | No quote |
| 22 | BP | BP PLC | 0.11% | - | 10,000 | $420K | $42.00 | No quote |
| 23 | VOD | VODAFONE GROUP PLC NEW | 0.10% | - | 10,000 | $352K | No quote | No quote |
| 24 | UTSI | UTSTARCOM HOLDINGS CORP | 0.09% | - | 113,627 | $312K | No quote | No quote |
| 26 | S | SPRINT NEXTEL CORP | - | Sold | 0 | $0 | No quote | No quote |
| 25 | RIMM | RESEARCH IN MOTION LTD | - | Sold | 0 | $0 | No quote | No quote |
Other instruments
Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.