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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 2026-09-12 from SEC 13F data.

Live quotes available for 15 of 21 rows. Rows without a quote are marked unavailable.

1BRK-ABERKSHIRE HATHAWAY INC DEL40.83%Add +50.0%150$40.8M$272000.0052w: $250926.00 - $407750.00; reported $272000.00
2BHCBAUSCH HEALTH COS INC24.18%Add +1.3%1,558,992$24.16M$15.5052w: $12.97 - $34.80; reported $15.50
3WFCWELLS FARGO CO NEW6.02%-209,542$6.01M$28.7052w: $20.76 - $41.54; reported $28.70
4RFPRESOLUTE FST PRODS INC5.77%-4,571,960$5.76MNo quoteNo quote
5MBIMBIA INC4.66%Add +5.3%652,531$4.66M$7.1452w: $5.52 - $10.82; reported $7.14
6GSGOLDMAN SACHS GROUP INC3.09%Add +11.1%20,000$3.09M$154.6052w: $141.67 - $356.85; reported $154.60
7JPMJPMORGAN CHASE & CO3.09%-34,275$3.09M$90.0452w: $82.40 - $161.69; reported $90.04
8CCITIGROUP INC2.85%-67,695$2.85M$42.1252w: $36.67 - $76.13; reported $42.12
9DVADAVITA INC2.49%Add +204.8%32,743$2.49M$76.0552w: $64.51 - $125.28; reported $76.05
10BBBLACKBERRY LTD2.17%Add +23.3%529,040$2.17M$4.1052w: $3.18 - $28.77; reported $4.10
11SNYSANOFI0.87%New20,000$874K$43.7052w: $42.08 - $55.00; reported $43.70
12CYDCHINA YUCHAI INTL LTD0.79%-73,364$789K$10.7552w: $9.07 - $20.49; reported $10.75
13PKXPOSCO0.69%-21,000$686KNo quoteNo quote
14SAVESPIRIT AIRLS INC0.65%New50,000$645KNo quoteNo quote
15MGAMAGNA INTL INC0.64%-20,000$638K$31.9052w: $28.82 - $95.38; reported $31.90
16BACBANK AMER CORP0.39%-18,376$390K$21.2252w: $19.51 - $39.97; reported $21.22
17ALGTALLEGIANT TRAVEL CO0.35%New4,317$353K$81.7752w: $63.50 - $271.29; reported $81.77
18RYAAYRYANAIR HLDGS PLC0.24%-4,575$243K$53.1152w: $19.45 - $47.29; reported $53.11
19FCAUFIAT CHRYSLER AUTOMOBILES N0.22%-30,000$216KNo quoteNo quote
21RFPRESOLUTE FST PRODS INC-Sold0$0No quoteNo quote
20BBBLACKBERRY LTD-Sold0$0No quoteNo quote