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Focused investors/Francis Chou

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 26 rows. Rows without a quote are marked unavailable.

1BRK/ABERKSHIRE HATHAWAY INC DELCUSIP 08467010820.26%-300$58.59MNo quoteNo quote
2RFPRESOLUTE FST PRODS INC12.30%Add +4.9%4,281,218$35.59MNo quoteNo quote
3NOKNOKIA CORP8.79%Reduce -25.0%3,750,000$25.43M$6.78No quote
4JPMWSJPMORGAN CHASE & CO7.76%-1,126,347$22.43MNo quoteNo quote
5CCITIGROUP INC7.03%-410,000$20.35M$49.62No quote
6SHLDSEARS HLDGS CORP7.00%-896,088$20.26MNo quoteNo quote
7SNYSANOFI6.73%-410,000$19.47M$47.48No quote
8WFCWSWELLS FARGO & CO NEW6.24%-997,500$18.05MNo quoteNo quote
9GSGOLDMAN SACHS GROUP INC4.51%-75,000$13.04M$173.81No quote
10SHOSSEARS HOMETOWN & OUTLET STOR3.66%-1,322,209$10.59MNo quoteNo quote
11OSTKOVERSTOCK COM INC DEL3.46%-582,271$10MNo quoteNo quote
12-ASCENT CAP GROUP INCCUSIP 436321083.00%New316,591$8.67MNo quoteNo quote
13MBIMBIA INC2.27%-1,080,797$6.57M$6.08No quote
14SRSCQSEARS CDA INC1.75%-775,149$5.05MNo quoteNo quote
15BACWSABANK OF AMERICA CORPORATION1.66%-836,825$4.8MNo quoteNo quote
16BBBLACKBERRY LTD1.12%-529,040$3.24M$6.11No quote
17-CHICAGO BRIDGE & IRON CO N CCUSIP 167251090.93%New67,446$2.68MNo quoteNo quote
18RYAAYRYANAIR HLDGS PLC0.46%-17,000$1.33M$78.29No quote
19CYDCHINA YUCHAI INTL LTD0.31%Add +187.3%73,364$908K$12.38No quote
20AZNASTRAZENECA PLC0.28%-13,000$822K$63.23No quote
21PKXPOSCO0.25%New21,000$736KNo quoteNo quote
22GSKGLAXOSMITHKLINE PLC0.12%-18,000$344K$19.11No quote
23BPBP PLC0.11%-10,000$306K$30.60No quote
25CBICHICAGO BRIDGE & IRON CO N C-Sold0$0No quoteNo quote
24ASCMAASCENT CAP GROUP INC-Sold0$0No quoteNo quote

Other instruments

Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.

1-ASCENT CAP GROUP INCNOTE 4.000% 7/1OTHER2,683,000$1.94M