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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 10 of 24 rows. Rows without a quote are marked unavailable.

1BRK/ABERKSHIRE HATHAWAY INC DELCUSIP 08467010819.29%-150$44.87MNo quoteNo quote
2RFPRESOLUTE FST PRODS INC16.41%-4,596,832$38.15MNo quoteNo quote
3VRXVALEANT PHARMACEUTICALS INTL11.29%Add +1006.8%1,648,992$26.25MNo quoteNo quote
4WFCWSWELLS FARGO & CO NEW8.23%-997,500$19.15MNo quoteNo quote
5GSGOLDMAN SACHS GROUP INC8.12%-75,000$18.89M$251.87No quote
6SNYSANOFI7.07%-410,000$16.43M$40.08No quote
7CCITIGROUP INC6.09%-210,000$14.18M$67.50No quote
8JPMWSJPMORGAN CHASE & CO4.99%-166,977$11.61MNo quoteNo quote
9MBIMBIA INC4.30%-1,080,797$10.01M$9.26No quote
10BBBLACKBERRY LTD2.61%-529,040$6.08M$11.49No quote
11ENDPQENDO INTL PLC2.25%Add +1000.0%880,000$5.23MNo quoteNo quote
12NOKNOKIA CORP2.00%-850,000$4.65M$5.47No quote
13SHOSSEARS HOMETOWN & OUTLET STOR1.71%-1,322,209$3.97MNo quoteNo quote
14SHLDSEARS HLDGS CORP1.30%-1,131,610$3.02MNo quoteNo quote
15BACWSABANK AMER CORP1.17%-149,476$2.72MNo quoteNo quote
16SDSANDRIDGE ENERGY INC0.85%-135,903$1.97M$14.51No quote
17PKXPOSCO0.71%-21,000$1.66MNo quoteNo quote
18CYDCHINA YUCHAI INTL LTD0.67%-73,364$1.55M$21.17No quote
19ASCMAASCENT CAP GROUP INC0.48%-306,000$1.13MNo quoteNo quote
20RYAAYRYANAIR HLDGS PLC0.24%-4,575$562K$122.84No quote
21TEVATEVA PHARMACEUTICAL INDS LTD0.11%-15,000$256K$17.07No quote
22OSTKOVERSTOCK COM INC DEL0.10%-6,650$241KNo quoteNo quote

Other instruments

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

1ATLC 5.875 11/30/35COMPUCREDIT HLDGS CORPNOTE 5.875%11/3OTHER5,300,000$2.62M
2-ASCENT CAP GROUP INCNOTE 4.000% 7/1OTHER2,683,000$2.02M