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 15 of 20 rows. Rows without a quote are marked unavailable.
| 1 | BRK-A | BERKSHIRE HATHAWAY INC DEL | 40.24% | - | 100 | $40.65M | $406470.00 | |
| 2 | RFP | RESOLUTE FST PRODS INC | 39.33% | Reduce -35.9% | 1,986,460 | $39.73M | No quote | No quote |
| 3 | BHC | BAUSCH HEALTH COS INC | 4.88% | - | 715,000 | $4.93M | $6.89 | |
| 4 | JPM | JPMORGAN CHASE & CO | 2.51% | - | 24,275 | $2.54M | $104.51 | |
| 5 | C | CITIGROUP INC | 2.38% | - | 57,695 | $2.4M | $41.67 | |
| 6 | GS | GOLDMAN SACHS GROUP INC | 2.06% | - | 7,100 | $2.08M | $293.10 | |
| 7 | MBI | MBIA INC | 1.82% | - | 199,530 | $1.84M | $9.20 | |
| 8 | BB | BLACKBERRY LTD | 1.46% | Reduce -18.3% | 312,900 | $1.48M | $4.71 | |
| 9 | OSTK | OVERSTOCK COM INC | 0.93% | Reduce -12.8% | 38,405 | $935K | No quote | No quote |
| 10 | HTZWW | HERTZ GLOBAL HLDGS INC | 0.85% | New | 97,309 | $856K | $8.80 | No quote |
| 11 | WFC | WELLS FARGO CO NEW | 0.78% | - | 19,542 | $786K | $40.22 | |
| 12 | PKX | POSCO HOLDINGS INC | 0.76% | - | 21,000 | $769K | No quote | No quote |
| 13 | CYD | CHINA YUCHAI INTL LTD | 0.53% | - | 73,364 | $535K | $7.29 | |
| 14 | MGA | MAGNA INTL INC | 0.47% | - | 10,000 | $474K | $47.40 | |
| 15 | STLA | STELLANTIS N.V | 0.35% | - | 30,000 | $355K | $11.83 | |
| 16 | RYAAY | RYANAIR HOLDINGS PLC | 0.26% | - | 4,575 | $267K | $58.36 | |
| 17 | GNUS | GENIUS BRANDS INTL INC | 0.20% | - | 341,303 | $205K | No quote | No quote |
| 18 | LBTYA | LIBERTY GLOBAL PLC | 0.19% | - | 12,000 | $187K | $15.58 |
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.