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
- +2.05%
- 1-year
- +14.32%
- 3-year
- +44.37%
- 5-year
- +26.27%
- 3-year vs S&P 500
- -28.02%
- 5-year vs S&P 500
- -46.96%
- 5-year top 5
- +34.71%
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.
Get email alerts when Francis Chou files a new 13F — sign in or create a free account.
Live quotes available for 16 of 19 rows. Rows without a quote are marked unavailable.
| 1 | RFP | RESOLUTE FST PRODS INC | 32.75% | Reduce -6.2% | 3,096,460 | $47.28M | No quote | No quote |
| 2 | BRK-A | BERKSHIRE HATHAWAY INC DEL | 31.21% | - | 100 | $45.07M | $450660.00 | |
| 3 | BHC | BAUSCH HEALTH COS INC | 14.63% | Reduce -48.8% | 765,000 | $21.12M | $27.61 | |
| 4 | MBI | MBIA INC | 6.56% | - | 599,530 | $9.47M | $15.79 | |
| 5 | JPM | JPMORGAN CHASE & CO | 3.76% | - | 34,275 | $5.43M | $158.34 | |
| 6 | BB | BLACKBERRY LTD | 2.48% | - | 382,900 | $3.58M | $9.34 | |
| 7 | C | CITIGROUP INC | 2.41% | - | 57,695 | $3.48M | $60.39 | |
| 8 | GS | GOLDMAN SACHS GROUP INC | 1.88% | - | 7,100 | $2.72M | $382.54 | |
| 9 | MGA | MAGNA INTL INC | 1.12% | - | 20,000 | $1.62M | $80.95 | |
| 10 | PKX | POSCO | 0.85% | - | 21,000 | $1.22M | No quote | No quote |
| 11 | CYD | CHINA YUCHAI INTL LTD | 0.76% | - | 73,364 | $1.1M | $14.93 | |
| 12 | WFC | WELLS FARGO CO NEW | 0.65% | Reduce -88.5% | 19,542 | $938K | $48.00 | |
| 13 | STLA | STELLANTIS N.V | 0.39% | - | 30,000 | $563K | $18.77 | |
| 14 | RYAAY | RYANAIR HLDGS PLC | 0.32% | - | 4,575 | $468K | $102.30 | |
| 15 | LBTYA | LIBERTY GLOBAL PLC | 0.23% | - | 12,000 | $333K | $27.75 |
Options positions
Put = right to sell at strike (a bearish bet). Call = right to buy at strike (bullish via leverage). The notional column shows the underlying market value reported to the SEC, not the option premium paid - these don't add to the long-equity % portfolio above.