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
- +2.11%
- 1-year
- +14.39%
- 3-year
- +45.08%
- 5-year
- +16.55%
- 3-year vs S&P 500
- -27.31%
- 5-year vs S&P 500
- -56.68%
- 5-year top 5
- +21.83%
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.
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Updated 2026-06-06 from SEC 13F data.
Live quotes available for 11 of 28 rows. Rows without a quote are marked unavailable.
| 1 | RFP | RESOLUTE FST PRODS INC | 18.92% | Reduce -0.9% | 4,081,218 | $71.9M | No quote | No quote |
| 2 | BRK/A | BERKSHIRE HATHAWAY INC DELCUSIP 084670108 | 17.85% | - | 300 | $67.83M | No quote | No quote |
| 3 | NOK | NOKIA CORP | 10.35% | - | 5,000,000 | $39.32M | $7.86 | No quote |
| 4 | SHLD | SEARS HLDGS CORP | 7.78% | Add +11.5% | 896,088 | $29.57M | No quote | No quote |
| 5 | JPMWS | JPMORGAN CHASE & CO | 6.17% | New | 1,126,347 | $23.44M | No quote | No quote |
| 6 | C | CITIGROUP INC | 5.84% | - | 410,000 | $22.19M | $54.13 | No quote |
| 7 | WFCWS | WELLS FARGO & CO NEW | 5.61% | - | 997,500 | $21.32M | No quote | No quote |
| 8 | SNY | SANOFI | 4.92% | - | 410,000 | $18.71M | $45.63 | No quote |
| 9 | SHOS | SEARS HOMETOWN & OUTLET STOR | 4.58% | Add +48.5% | 1,322,209 | $17.39M | No quote | No quote |
| 10 | GS | GOLDMAN SACHS GROUP INC | 3.83% | - | 75,000 | $14.54M | $193.91 | No quote |
| 11 | OSTK | OVERSTOCK COM INC DEL | 3.72% | - | 582,271 | $14.14M | No quote | No quote |
| 12 | MBI | MBIA INC | 2.72% | - | 1,080,797 | $10.34M | $9.57 | No quote |
| 13 | SRSCQ | SEARS CDA INC | 1.97% | New | 775,149 | $7.47M | No quote | No quote |
| 14 | BACWSA | BANK OF AMERICA CORPORATION | 1.55% | - | 836,825 | $5.89M | No quote | No quote |
| 15 | BB | BLACKBERRY LTD | 1.53% | - | 529,040 | $5.81M | $10.98 | No quote |
| 16 | CHT | CHUNGHWA TELECOM CO LTD | 1.02% | - | 132,088 | $3.89M | No quote | No quote |
| 17 | CBI | CHICAGO BRIDGE & IRON CO N C | 0.75% | New | 67,446 | $2.83M | No quote | No quote |
| 18 | RYAAY | RYANAIR HLDGS PLC | 0.32% | - | 17,000 | $1.21M | $71.29 | No quote |
| 19 | AZN | ASTRAZENECA PLC | 0.24% | - | 13,000 | $923K | $71.00 | No quote |
| 20 | CYD | CHINA YUCHAI INTL LTD | 0.12% | - | 25,537 | $458K | $17.93 | No quote |
| 21 | GSK | GLAXOSMITHKLINE PLC | 0.10% | - | 18,000 | $386K | $21.44 | No quote |
| 22 | BP | BP PLC | 0.10% | - | 10,000 | $381K | $38.10 | No quote |
| 27 | VOD | VODAFONE GROUP PLC NEW | - | Sold | 0 | $0 | No quote | No quote |
| 26 | VZ | VERIZON COMMUNICATIONS INC | - | Sold | 0 | $0 | No quote | No quote |
| 25 | UTSI | UTSTARCOM HOLDINGS CORP | - | Sold | 0 | $0 | No quote | No quote |
| 24 | LE | LANDS END INC | - | Sold | 0 | $0 | No quote | No quote |
| 23 | JPM | JPMORGAN CHASE & CO | - | Sold | 0 | $0 | No quote | No quote |
Other instruments
Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.
| 1 | - | ASCENT CAP GROUP INCNOTE 4.000% 7/1 | OTHER | 2,683,000 | $2.22M |