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 10 of 30 rows. Rows without a quote are marked unavailable.
| 1 | BRK/A | BERKSHIRE HATHAWAY INC DELCUSIP 084670108 | 12.64% | - | 150 | $37.48M | No quote | No quote |
| 2 | JPMWS | JPMORGAN CHASE & CO | 9.78% | Reduce -44.4% | 626,347 | $29.01M | No quote | No quote |
| 3 | RFP | RESOLUTE FST PRODS INC | 9.12% | - | 4,963,423 | $27.05M | No quote | No quote |
| 4 | VRX | VALEANT PHARMACEUTICALS INTL | 8.76% | Add +20.0% | 2,353,843 | $25.96M | No quote | No quote |
| 5 | C | CITIGROUP INC | 8.27% | - | 410,000 | $24.53M | $59.82 | No quote |
| 6 | WFCWS | WELLS FARGO & CO NEW | 7.46% | - | 997,500 | $22.14M | No quote | No quote |
| 7 | SNY | SANOFI | 6.26% | - | 410,000 | $18.55M | $45.25 | No quote |
| 8 | GS | GOLDMAN SACHS GROUP INC | 5.81% | - | 75,000 | $17.23M | $229.72 | No quote |
| 9 | NOK | NOKIA CORP | 5.03% | Reduce -26.7% | 2,750,000 | $14.91M | $5.42 | No quote |
| 10 | SHLD | SEARS HLDGS CORP | 4.38% | - | 1,131,610 | $13M | No quote | No quote |
| 11 | ENDPQ | ENDO INTL PLC | 3.58% | New | 950,000 | $10.6M | No quote | No quote |
| 12 | OSTK | OVERSTOCK COM INC DEL | 3.38% | - | 582,271 | $10.02M | No quote | No quote |
| 13 | MBI | MBIA INC | 3.09% | - | 1,080,797 | $9.15M | $8.47 | No quote |
| 14 | TEVA | TEVA PHARMACEUTICAL INDS LTD | 2.33% | New | 215,000 | $6.9M | $32.09 | No quote |
| 15 | BACWSA | BANK AMER CORP | 2.05% | Reduce -35.9% | 536,825 | $6.07M | No quote | No quote |
| 16 | SHOS | SEARS HOMETOWN & OUTLET STOR | 1.74% | - | 1,322,209 | $5.16M | No quote | No quote |
| 17 | ASCMA | ASCENT CAP GROUP INC | 1.46% | - | 306,000 | $4.32M | No quote | No quote |
| 18 | BB | BLACKBERRY LTD | 1.38% | - | 529,040 | $4.1M | $7.75 | No quote |
| 19 | SD | SANDRIDGE ENERGY INC | 0.98% | Add +224.7% | 156,623 | $2.9M | $18.49 | No quote |
| 20 | CBI | CHICAGO BRIDGE & IRON CO N V | 0.70% | - | 67,446 | $2.07M | No quote | No quote |
| 21 | RYAAY | RYANAIR HLDGS PLC | 0.46% | - | 16,575 | $1.38M | $82.96 | No quote |
| 22 | CYD | CHINA YUCHAI INTL LTD | 0.46% | - | 73,364 | $1.36M | $18.51 | No quote |
| 23 | PKX | POSCO | 0.46% | - | 21,000 | $1.36M | No quote | No quote |
| 24 | SRSCQ | SEARS CDA INC | 0.36% | - | 775,149 | $1.06M | No quote | No quote |
| 25 | GMWSB | GENERAL MTRS CO | 0.08% | - | 13,019 | $233K | No quote | No quote |
| 27 | GSK | GLAXOSMITHKLINE PLC | - | Sold | 0 | $0 | No quote | No quote |
| 26 | AZN | ASTRAZENECA PLC | - | Sold | 0 | $0 | No quote | No quote |
Other instruments
Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.
| 1 | ATLC 5.875 11/30/35 | COMPUCREDIT HLDGS CORPNOTE 5.875%11/3 | OTHER | 5,800,000 | $2.84M |
| 2 | - | ASCENT CAP GROUP INCNOTE 4.000% 7/1 | OTHER | 2,683,000 | $2.07M |
| 3 | SD | SANDRIDGE ENERGY INCNOTE 10/0 | OTHER | 0 | $0 |