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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 14 of 22 rows. Rows without a quote are marked unavailable.

1BRK/ABERKSHIRE HATHAWAY INC DELCUSIP 08467010829.65%-150$50.94MNo quoteNo quote
2BHCBAUSCH HEALTH COS INC28.19%Reduce -1.8%1,618,992$48.44M$29.92No quote
3RFPRESOLUTE FST PRODS INC11.18%-4,571,960$19.2MNo quoteNo quote
4WFCWELLS FARGO CO NEW6.56%Reduce -38.3%209,542$11.27M$53.80No quote
5DVADAVITA INC4.40%Reduce -16.6%100,743$7.56M$75.03No quote
6JPMJPMORGAN CHASE & CO3.59%-44,275$6.17M$139.40No quote
7MBIMBIA INC3.53%-652,531$6.07M$9.30No quote
8CCITIGROUP INC3.15%-67,695$5.41M$79.89No quote
9GSGOLDMAN SACHS GROUP INC2.68%-20,000$4.6M$229.95No quote
10BBBLACKBERRY LTD1.98%-529,040$3.4M$6.43No quote
11SAVESPIRIT AIRLS INC1.17%-50,000$2.02MNo quoteNo quote
12MGAMAGNA INTL INC0.64%-20,000$1.1M$54.85No quote
13PKXPOSCO0.62%-21,000$1.06MNo quoteNo quote
14SNYSANOFI0.58%-20,000$1M$50.20No quote
15BACBANK AMER CORP0.58%Reduce -69.6%28,376$999K$35.21No quote
16CYDCHINA YUCHAI INTL LTD0.57%-73,364$978K$13.33No quote
17ALGTALLEGIANT TRAVEL CO0.44%-4,317$751K$173.96No quote
18FCAUFIAT CHRYSLER AUTOMOBILES N0.26%-30,000$441KNo quoteNo quote
19RYAAYRYANAIR HLDGS PLC0.23%-4,575$401K$87.65No quote
21TEVATEVA PHARMACEUTICAL INDS LTD-Sold0$0No quoteNo quote
20ENDPQENDO INTL PLC-Sold0$0No 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%11/3OTHER3,075,000$1.87M