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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 25 rows. Rows without a quote are marked unavailable.

1RFPRESOLUTE FST PRODS INC18.58%-4,081,218$70.41MNo quoteNo quote
2BRK/ABERKSHIRE HATHAWAY INC DELCUSIP 08467010817.22%-300$65.26MNo quoteNo quote
3NOKNOKIA CORP10.00%-5,000,000$37.9M$7.58No quote
4SHLDSEARS HLDGS CORP9.78%-896,088$37.08MNo quoteNo quote
5JPMWSJPMORGAN CHASE & CO6.54%-1,126,347$24.79MNo quoteNo quote
6CCITIGROUP INC5.57%-410,000$21.13M$51.52No quote
7WFCWSWELLS FARGO & CO NEW5.39%-997,500$20.44MNo quoteNo quote
8SNYSANOFI5.35%-410,000$20.27M$49.44No quote
9OSTKOVERSTOCK COM INC DEL3.72%-582,271$14.1MNo quoteNo quote
10GSGOLDMAN SACHS GROUP INC3.72%-75,000$14.1M$187.99No quote
11SHOSSEARS HOMETOWN & OUTLET STOR2.69%-1,322,209$10.21MNo quoteNo quote
12MBIMBIA INC2.65%-1,080,797$10.05M$9.30No quote
13SRSCQSEARS CDA INC1.89%-775,149$7.15MNo quoteNo quote
14ASCMAASCENT CAP GROUP INC1.47%New140,000$5.57MNo quoteNo quote
15BACWSABANK OF AMERICA CORPORATION1.30%-836,825$4.91MNo quoteNo quote
16BBBLACKBERRY LTD1.24%-529,040$4.71M$8.90No quote
17CHTCHUNGHWA TELECOM CO LTD1.12%-132,088$4.24MNo quoteNo quote
18CBICHICAGO BRIDGE & IRON CO N C0.88%-67,446$3.32MNo quoteNo quote
19RYAAYRYANAIR HLDGS PLC0.30%-17,000$1.14M$66.76No quote
20AZNASTRAZENECA PLC0.24%-13,000$893K$68.69No quote
21CYDCHINA YUCHAI INTL LTD0.13%-25,537$504K$19.74No quote
22GSKGLAXOSMITHKLINE PLC0.11%-18,000$413K$22.94No quote
23BPBP PLC0.10%-10,000$391K$39.10No quote
24SHLDWSEARS HLDGS CORP0.00%New581$15KNo 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$2.05M