Chou Associates Management Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), Chou Associates Management Inc. reported 31 stock positions worth $216.6 million. Its top holding was Berkshire Hathaway Class A (BRK.A) at 29.7% of the portfolio, followed by Alphabet Class C (GOOG, 11.8%) and Synchrony Financial (SYF, 7.8%). Compared with Q1 2026, it opened 1 new position and reduced 1. The biggest buy was a new position in Vitesse Energy (VTS) and the biggest sale Apple (AAPL, shares −9%).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0001389403
Portfolio Value
$216.6M (Q2 2026)
SEC Filing
0001104659-26-094668 ↗ filed Aug 12, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $85.8M Q1 2024 Q2 2024: $138.5M Q2 2024 Q3 2024: $155.0M Q3 2024 Q4 2024: $143.5M Q4 2024 Q1 2025: $181.9M Q1 2025 Q2 2025: $182.8M Q2 2025 Q3 2025: $207.7M Q3 2025 Q4 2025: $201.5M Q4 2025 Q1 2026: $207.8M Q1 2026 Q2 2026: $216.6M $216.6M Q2 2026

Holdings 31 stocks · $216.6M
BRK.A Berkshire Hathaway Inc. Class A 29.73% 86 $64.4M No change
GOOG Alphabet Inc. Class C 11.81% 72,390 $25.6M No change
SYF Synchrony Financial 7.84% 223,202 $17.0M No change
OXY Occidental Petroleum Corp. 7.02% 313,000 $15.2M No change
SIRI Sirius XM Holdings Inc. 5.59% 409,589 $12.1M No change
AAPL Apple Inc. 5.34% 40,000 $11.6M Reduce -9.1%
ALLY Ally Financial Inc. 4.78% 225,525 $10.4M No change
STLA Stellantis NV 3.69% 1,394,194 $8.0M No change
JEF Jefferies Financial Group Inc. 3.44% 149,237 $7.5M No change
PYPL PayPal Holdings Inc. 3.34% 167,400 $7.2M No change
WFC Wells Fargo & Co. 2.27% 59,542 $4.9M No change
C Citigroup Inc. 2.11% 32,695 $4.6M No change
BABA Alibaba Group Holding-SP ADR 1.86% 41,900 $4.0M No change
GM General Motors Co. 1.85% 52,000 $4.0M No change
BAC Bank of America Corp. 1.32% 50,000 $2.8M No change
CASH Pathward Financial Inc. 1.10% 27,389 $2.4M No change
POOL Pool Corp. 1.06% 10,636 $2.3M No change
MBI Mbia Inc. 0.97% 321,000 $2.1M No change
KHC The Kraft Heinz Co. 0.76% 69,500 $1.6M No change
BRK.B Berkshire Hathaway Inc. Class B 0.72% 3,100 $1.6M No change
AGO Assured Guaranty Ltd. 0.63% 16,990 $1.4M No change
CYD China Yuchai Intl Ltd. 0.51% 23,364 $1.1M No change
MEOH Methanex Corp. 0.43% 20,000 $924K No change
MCO Moody's Corp. 0.31% 1,500 $679K No change
MGA Magna International Inc. 0.30% 10,000 $657K No change
ATKR Atkore Inc. 0.29% 8,400 $639K No change
HPQ HP Inc. 0.27% 26,500 $581K No change
IMO Imperial Oil Ltd. 0.26% 5,000 $561K No change
LPX Louisiana-Pacific Corp. 0.21% 5,886 $463K No change
RYAAY Ryanair Holdings PLC-SP ADR 0.18% 5,937 $384K No change
VTS Vitesse Energy Inc. 0.01% 1,293 $20K New

Portfolio Sells Q1 2026 → Q2 2026
AAPL Apple Inc. Reduce -9.1% 5.34% −0.03

Portfolio Buys Q1 2026 → Q2 2026
VTS Vitesse Energy Inc. New 0.01% +0.01

Notes & Other Activity Q1 2026 → Q2 2026
BRAEMAR HOTELS & RESORTS (BHR 4.5 06/01/26) NOTE 4.500% 6/0 · principal Sold out 2,500,000 $2.5Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 31$216.6MBRK.A, GOOG, SYF, OXY, SIRI
Q1 2026 30$207.8MBRK.A, GOOG, OXY, SYF, AAPL
Q4 2025 27$201.5MBRK.A, GOOG, SYF, STLA, OXY
Q3 2025 30$207.7MBRK.A, GOOG, SIRI, SYF, OXY
Q2 2025 30$182.8MBRK.A, SIRI, GOOG, SYF, OXY
Q1 2025 31$181.9MBRK.A, SIRI, STLA, GOOG, SYF
Q4 2024 29$143.5MBRK.A, GOOG, SYF, AAPL, ALLY
Q3 2024 30$155.0MBRK.A, GOOG, OXY, AAPL, SYF
Q2 2024 29$138.5MBRK.A, GOOG, AAPL, SYF, STLA
Q1 2024 17$85.8MBRK.A, BHC, ALLY, SYF, C