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.
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Live quotes available for 16 of 19 rows. Rows without a quote are marked unavailable.
| 1 | BRK-A | BERKSHIRE HATHAWAY INC DEL | 39.06% | - | 100 | $52.89M | $528920.00 | |
| 2 | RFP | RESOLUTE FST PRODS INC | 29.52% | - | 3,096,460 | $39.98M | No quote | No quote |
| 3 | BHC | BAUSCH HEALTH COS INC | 12.91% | - | 765,000 | $17.48M | $22.85 | |
| 4 | MBI | MBIA INC | 6.81% | - | 599,530 | $9.23M | $15.39 | |
| 5 | JPM | JPMORGAN CHASE & CO | 2.44% | Reduce -29.2% | 24,275 | $3.31M | $136.31 | |
| 6 | C | CITIGROUP INC | 2.27% | - | 57,695 | $3.08M | $53.40 | |
| 7 | BB | BLACKBERRY LTD | 2.10% | - | 382,900 | $2.84M | $7.41 | |
| 8 | GS | GOLDMAN SACHS GROUP INC | 1.73% | - | 7,100 | $2.34M | $330.14 | |
| 9 | MGA | MAGNA INTL INC | 0.95% | - | 20,000 | $1.29M | $64.30 | |
| 10 | WFC | WELLS FARGO CO NEW | 0.70% | - | 19,542 | $947K | $48.46 | |
| 11 | CYD | CHINA YUCHAI INTL LTD | 0.63% | - | 73,364 | $855K | $11.65 | |
| 12 | STLA | STELLANTIS N.V | 0.36% | - | 30,000 | $488K | $16.27 | |
| 13 | RYAAY | RYANAIR HLDGS PLC | 0.29% | - | 4,575 | $399K | $87.21 | |
| 14 | LBTYA | LIBERTY GLOBAL PLC | 0.23% | - | 12,000 | $306K | $25.50 | |
| 15 | PKX | POSCO | - | Sold | 0 | $0 | No quote | No quote |
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.