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 25 rows. Rows without a quote are marked unavailable.
| 1 | RFP | RESOLUTE FST PRODS INC | 22.18% | Reduce -7.4% | 4,596,832 | $50.8M | No quote | No quote |
| 2 | BRK/A | BERKSHIRE HATHAWAY INC DELCUSIP 084670108 | 19.49% | - | 150 | $44.64M | No quote | No quote |
| 3 | WFCWS | WELLS FARGO & CO NEW | 12.02% | - | 997,500 | $27.53M | No quote | No quote |
| 4 | GS | GOLDMAN SACHS GROUP INC | 8.34% | - | 75,000 | $19.11M | $254.76 | No quote |
| 5 | SNY | SANOFI | 7.70% | - | 410,000 | $17.63M | $43.00 | No quote |
| 6 | C | CITIGROUP INC | 6.82% | - | 210,000 | $15.63M | $74.41 | No quote |
| 7 | JPMWS | JPMORGAN CHASE & CO | 4.84% | Reduce -54.4% | 166,977 | $11.09M | No quote | No quote |
| 8 | MBI | MBIA INC | 3.45% | - | 1,080,797 | $7.91M | $7.32 | No quote |
| 9 | BB | BLACKBERRY LTD | 2.58% | - | 529,040 | $5.91M | $11.17 | No quote |
| 10 | SHLD | SEARS HLDGS CORP | 1.77% | - | 1,131,610 | $4.05M | No quote | No quote |
| 11 | NOK | NOKIA CORP | 1.73% | - | 850,000 | $3.96M | $4.66 | No quote |
| 12 | ASCMA | ASCENT CAP GROUP INC | 1.54% | - | 306,000 | $3.52M | No quote | No quote |
| 13 | SHOS | SEARS HOMETOWN & OUTLET STOR | 1.50% | - | 1,322,209 | $3.44M | No quote | No quote |
| 14 | VRX | VALEANT PHARMACEUTICALS INTL | 1.35% | Reduce -95.1% | 148,992 | $3.1M | No quote | No quote |
| 15 | SD | SANDRIDGE ENERGY INC | 1.25% | Reduce -13.2% | 135,903 | $2.86M | $21.07 | No quote |
| 16 | BACWSA | BANK AMER CORP | 1.15% | Reduce -65.8% | 149,476 | $2.63M | No quote | No quote |
| 17 | CYD | CHINA YUCHAI INTL LTD | 0.77% | - | 73,364 | $1.76M | $24.00 | No quote |
| 18 | PKX | POSCO | 0.72% | - | 21,000 | $1.64M | No quote | No quote |
| 19 | ENDPQ | ENDO INTL PLC | 0.27% | Reduce -91.6% | 80,000 | $620K | No quote | No quote |
| 20 | RYAAY | RYANAIR HLDGS PLC | 0.21% | Reduce -72.4% | 4,575 | $477K | $104.26 | No quote |
| 21 | OSTK | OVERSTOCK COM INC DEL | 0.19% | Reduce -97.7% | 6,650 | $425K | No quote | No quote |
| 22 | TEVA | TEVA PHARMACEUTICAL INDS LTD | 0.12% | Reduce -97.0% | 15,000 | $284K | $18.93 | No quote |
| 23 | CBI | CHICAGO BRIDGE & IRON CO N V | - | 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 | 5,300,000 | $2.67M |
| 2 | - | ASCENT CAP GROUP INCNOTE 4.000% 7/1 | OTHER | 2,683,000 | $2.13M |