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.
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Updated 2026-09-19 from SEC 13F data.
Live quotes available for 12 of 25 rows. Rows without a quote are marked unavailable.
| 1 | RFP | RESOLUTE FST PRODS INC | 18.58% | - | 4,081,218 | $70.41M | No quote | No quote |
| 2 | BRK-A | BERKSHIRE HATHAWAY INC DEL | 17.22% | - | 300 | $65.26M | $217520.00 | No quote |
| 3 | NOK | NOKIA CORP | 10.00% | - | 5,000,000 | $37.9M | $7.58 | No quote |
| 4 | SHLD | SEARS HLDGS CORP | 9.78% | - | 896,088 | $37.08M | No quote | No quote |
| 5 | JPMWS | JPMORGAN CHASE & CO | 6.54% | - | 1,126,347 | $24.79M | No quote | No quote |
| 6 | C | CITIGROUP INC | 5.57% | - | 410,000 | $21.13M | $51.52 | No quote |
| 7 | WFCWS | WELLS FARGO & CO NEW | 5.39% | - | 997,500 | $20.44M | No quote | No quote |
| 8 | SNY | SANOFI | 5.35% | - | 410,000 | $20.27M | $49.44 | No quote |
| 9 | OSTK | OVERSTOCK COM INC DEL | 3.72% | - | 582,271 | $14.1M | No quote | No quote |
| 10 | GS | GOLDMAN SACHS GROUP INC | 3.72% | - | 75,000 | $14.1M | $187.99 | No quote |
| 11 | SHOS | SEARS HOMETOWN & OUTLET STOR | 2.69% | - | 1,322,209 | $10.21M | No quote | No quote |
| 12 | MBI | MBIA INC | 2.65% | - | 1,080,797 | $10.05M | $9.30 | No quote |
| 13 | SRSCQ | SEARS CDA INC | 1.89% | - | 775,149 | $7.15M | No quote | No quote |
| 14 | ASCMA | ASCENT CAP GROUP INC | 1.47% | New | 140,000 | $5.57M | No quote | No quote |
| 15 | BACWSA | BANK OF AMERICA CORPORATION | 1.30% | - | 836,825 | $4.91M | No quote | No quote |
| 16 | BB | BLACKBERRY LTD | 1.24% | - | 529,040 | $4.71M | $8.90 | No quote |
| 17 | CHT | CHUNGHWA TELECOM CO LTD | 1.12% | - | 132,088 | $4.24M | No quote | No quote |
| 18 | CBI | CHICAGO BRIDGE & IRON CO N C | 0.88% | - | 67,446 | $3.32M | No quote | No quote |
| 19 | RYAAY | RYANAIR HLDGS PLC | 0.30% | - | 17,000 | $1.14M | $66.76 | No quote |
| 20 | AZN | ASTRAZENECA PLC | 0.24% | - | 13,000 | $893K | $68.69 | No quote |
| 21 | CYD | CHINA YUCHAI INTL LTD | 0.13% | - | 25,537 | $504K | $19.74 | No quote |
| 22 | GSK | GLAXOSMITHKLINE PLC | 0.11% | - | 18,000 | $413K | $22.94 | No quote |
| 23 | BP | BP PLC | 0.10% | - | 10,000 | $391K | $39.10 | No quote |
| 24 | SHLDW | SEARS HLDGS CORP | 0.00% | New | 581 | $15K | No quote | No quote |
Other instruments
Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.
| 1 | ASCMA | ASCENT CAP GROUP INCNOTE 4.000% 7/1 | OTHER | 2,683,000 | $2.05M |