Chou Associates historical reports.

Top positions activity

Quarterly report: Q3 2023

Total value: $75.0B
TICKER CORP NAME VALUE($) SHARES +/- SHARES OWNERSHIP HISTORY
BRK.A
Berkshire Hathaway Inc. - Class A 42.5B 56.66% 80 =
BHC
Bausch Health Companies Inc 5.9B 7.83% 715.0K =
ALLY
Ally Financial Inc 4.2B 5.53% 155.7K =
SYF
Synchrony Financial 3.7B 4.88% 120.0K =
NAVI
Navient Corp 3.2B 4.2% 183.3K =
C
Citigroup Inc 2.4B 3.16% 57.7K =
LBTYA
Liberty Global plc - Class A 1.7B 2.2% 96.8K =
BB
BlackBerry Ltd 1.5B 1.97% 312.9K =
MBI
MBIA Inc. 1.4B 1.91% 199.5K =
WFC
Wells Fargo & Co. 798.5M 1.06% 19.5K =
CYD
China Yuchai International 741.0M 0.98% 73.4K =
OSTK
Overstock.com Inc 607.6M 0.8% 38.4K =
STLA
Stellantis N.V 573.9M 0.76% 30.0K =
MGA
Magna International Inc. 536.1M 0.71% 10.0K =
RYAAY
Ryanair Holdings Plc - ADR 444.7M 0.59% 4.6K =

Quarterly report: Q2 2023

Total value: $79.0B
TICKER CORP NAME VALUE($) SHARES +/- SHARES OWNERSHIP HISTORY
BRK.A
Berkshire Hathaway Inc. - Class A 41.4B 52.46% 80 =
BHC
Bausch Health Companies Inc 5.7B 7.24% 715.0K =
ALLY
Ally Financial Inc 4.2B 5.32% 155.7K =
SYF
Synchrony Financial 4.1B 5.15% 120.0K =
NAVI
Navient Corp 3.4B 4.31% 183.3K =
C
Citigroup Inc 2.7B 3.36% 57.7K =
BB
BlackBerry Ltd 1.7B 2.19% 312.9K =
MBI
MBIA Inc. 1.7B 2.18% 199.5K =
LBTYA
Liberty Global plc - Class A 1.6B 2.06% 96.8K =
OSTK
Overstock.com Inc 1.3B 1.58% 38.4K =
WFC
Wells Fargo & Co. 834.1M 1.05% 19.5K =
CYD
China Yuchai International 770.3M 0.97% 73.4K =
MGA
Magna International Inc. 564.4M 0.71% 10.0K =
STLA
Stellantis N.V 526.2M 0.66% 30.0K =
RYAAY
Ryanair Holdings Plc - ADR 506.0M 0.64% 4.6K =

Quarterly report: Q1 2023

Total value: $71.7B
TICKER CORP NAME VALUE($) SHARES +/- SHARES OWNERSHIP HISTORY
BRK.A
Berkshire Hathaway Inc. - Class A 37.2B 51.96% 80 =
BHC
Bausch Health Companies Inc 5.8B 8.07% 715.0K =
ALLY
Ally Financial Inc 4.0B 5.53% 155.7K =
SYF
Synchrony Financial 3.5B 4.86% 120.0K +62.0K ↑106.90%
NAVI
Navient Corp 2.9B 4.08% 183.3K +183.3K Newly Added
C
Citigroup Inc 2.7B 3.77% 57.7K =
LBTYA
Liberty Global plc - Class A 1.9B 2.63% 96.8K =
MBI
MBIA Inc. 1.8B 2.57% 199.5K =
BB
BlackBerry Ltd 1.4B 2% 312.9K =
OSTK
Overstock.com Inc 778.5M 1.08% 38.4K =
WFC
Wells Fargo & Co. 730.5M 1.01% 19.5K =
CYD
China Yuchai International 578.8M 0.8% 73.4K =
STLA
Stellantis N.V 545.7M 0.76% 30.0K =
MGA
Magna International Inc. 535.7M 0.74% 10.0K =
RYAAY
Ryanair Holdings Plc - ADR 431.4M 0.6% 4.6K =

Quarterly report: Q4 2022

Total value: $70.7B
TICKER CORP NAME VALUE($) SHARES +/- SHARES OWNERSHIP HISTORY
BRK.A
Berkshire Hathaway Inc. - Class A 37.5B 53.01% 80 -20 ↓20.00%
RFP
Resolute Forest Products Inc 5.6B 7.98% 261.5K -1.7M ↓86.84%
BHC
Bausch Health Companies Inc 4.5B 6.34% 715.0K =
ALLY
Ally Financial Inc 3.8B 5.38% 155.7K +155.7K Newly Added
C
Citigroup Inc 2.6B 3.68% 57.7K =
MBI
MBIA Inc. 2.6B 3.62% 199.5K =
SYF
Synchrony Financial 1.9B 2.69% 58.0K +58.0K Newly Added
LBTYA
Liberty Global plc - Class A 1.8B 2.59% 96.8K +84.8K ↑706.86%
BB
BlackBerry Ltd 1.0B 1.44% 312.9K =
WFC
Wells Fargo & Co. 806.9M 1.14% 19.5K =
OSTK
Overstock.com Inc 743.5M 1.05% 38.4K =
MGA
Magna International Inc. 561.8M 0.79% 10.0K =
CYD
China Yuchai International 519.0M 0.73% 73.4K =
STLA
Stellantis N.V 426.0M 0.6% 30.0K =

Quarterly report: Q3 2022

Total value: $139.6M
TICKER CORP NAME VALUE($) SHARES +/- SHARES OWNERSHIP HISTORY
BRK.A
Berkshire Hathaway Inc. - Class A 40.6M 29.1% 100 =
RFP
Resolute Forest Products Inc 39.7M 28.45% 2.0M -1.1M ↓35.85%
BHC
Bausch Health Companies Inc 4.9M 3.52% 715.0K =
JPM
JPMorgan Chase & Co. 2.5M 1.81% 24.3K =
C
Citigroup Inc 2.4M 1.72% 57.7K =
GS
Goldman Sachs Group, Inc. 2.1M 1.49% 7.1K =
MBI
MBIA Inc. 1.8M 1.31% 199.5K =
BB
BlackBerry Ltd 1.5M 1.05% 312.9K -70.0K ↓18.28%
OSTK
Overstock.com Inc 935.0K 0.66% 38.4K -5.6K ↓12.76%
WFC
Wells Fargo & Co. 786.0K 0.56% 19.5K =
PKX
Posco - ADR 769.0K 0.55% 21.0K =

Quarterly report: Q2 2022

Total value: $139.6M
TICKER CORP NAME VALUE($) SHARES +/- SHARES OWNERSHIP HISTORY
BRK.A
Berkshire Hathaway Inc. - Class A 40.9M 29.3% 100 =
RFP
Resolute Forest Products Inc 39.5M 28.31% 3.1M =
BHC
Bausch Health Companies Inc 6.0M 4.28% 715.0K -50.0K ↓6.54%
JPM
JPMorgan Chase & Co. 2.7M 1.95% 24.3K =
C
Citigroup Inc 2.7M 1.9% 57.7K =
MBI
MBIA Inc. 2.5M 1.76% 199.5K -400.0K ↓66.72%
GS
Goldman Sachs Group, Inc. 2.1M 1.51% 7.1K =
BB
BlackBerry Ltd 2.1M 1.47% 382.9K =
OSTK
Overstock.com Inc 1.1M 0.78% 44.0K +44.0K Newly Added
PKX
Posco - ADR 935.0K 0.66% 21.0K +21.0K Newly Added
WFC
Wells Fargo & Co. 765.0K 0.54% 19.5K =

Quarterly report: Q1 2022

Total value: $188.0M
TICKER CORP NAME VALUE($) SHARES +/- SHARES OWNERSHIP HISTORY
BRK.A
Berkshire Hathaway Inc. - Class A 52.9M 28.14% 100 =
RFP
Resolute Forest Products Inc 40.0M 21.26% 3.1M =
BHC
Bausch Health Companies Inc 17.5M 9.3% 765.0K =
MBI
MBIA Inc. 9.2M 4.9% 599.5K =
JPM
JPMorgan Chase & Co. 3.3M 1.76% 24.3K -10.0K ↓29.18%
C
Citigroup Inc 3.1M 1.63% 57.7K =
BB
BlackBerry Ltd 2.8M 1.51% 382.9K =
GS
Goldman Sachs Group, Inc. 2.3M 1.24% 7.1K =
MGA
Magna International Inc. 1.3M 0.68% 20.0K =
WFC
Wells Fargo & Co. 947.0K 0.5% 19.5K =

Quarterly report: Q4 2021

Total value: $191.1M
TICKER CORP NAME VALUE($) SHARES +/- SHARES OWNERSHIP HISTORY
RFP
Resolute Forest Products Inc 47.3M 24.74% 3.1M -203.0K ↓6.15%
BRK.A
Berkshire Hathaway Inc. - Class A 45.1M 23.58% 100 =
BHC
Bausch Health Companies Inc 21.1M 11.05% 765.0K -730.0K ↓48.83%
MBI
MBIA Inc. 9.5M 4.95% 599.5K =
JPM
JPMorgan Chase & Co. 5.4M 2.84% 34.3K =
BB
BlackBerry Ltd 3.6M 1.87% 382.9K =
C
Citigroup Inc 3.5M 1.82% 57.7K =
GS
Goldman Sachs Group, Inc. 2.7M 1.42% 7.1K =
MGA
Magna International Inc. 1.6M 0.84% 20.0K =
PKX
Posco - ADR 1.2M 0.64% 21.0K =
CYD
China Yuchai International 1.1M 0.57% 73.4K =

Quarterly report: Q3 2021

Total value: $207.1M
TICKER CORP NAME VALUE($) SHARES +/- SHARES OWNERSHIP HISTORY
BHC
Bausch Health Companies Inc 41.6M 20.1% 1.5M =
BRK.A
Berkshire Hathaway Inc. - Class A 41.1M 19.86% 100 =
RFP
Resolute Forest Products Inc 39.3M 18.96% 3.3M -641.0K ↓16.27%
WFC
Wells Fargo & Co. 7.9M 3.79% 169.5K =
MBI
MBIA Inc. 7.7M 3.72% 599.5K =
JPM
JPMorgan Chase & Co. 5.6M 2.7% 34.3K =
C
Citigroup Inc 4.0M 1.95% 57.7K =
BB
BlackBerry Ltd 3.7M 1.79% 382.9K -17.1K ↓4.28%
GS
Goldman Sachs Group, Inc. 2.7M 1.29% 7.1K =
MGA
Magna International Inc. 1.5M 0.72% 20.0K =
PKX
Posco - ADR 1.4M 0.69% 21.0K =

Quarterly report: Q2 2021

Total value: $228.7M
TICKER CORP NAME VALUE($) SHARES +/- SHARES OWNERSHIP HISTORY
RFP
Resolute Forest Products Inc 48.1M 21.02% 3.9M -619.0K ↓13.58%
BHC
Bausch Health Companies Inc 43.8M 19.16% 1.5M =
BRK.A
Berkshire Hathaway Inc. - Class A 41.9M 18.3% 100 =
WFC
Wells Fargo & Co. 7.7M 3.35% 169.5K =
MBI
MBIA Inc. 6.6M 2.88% 599.5K =
JPM
JPMorgan Chase & Co. 5.3M 2.33% 34.3K =
BB
BlackBerry Ltd 4.9M 2.13% 400.0K =
C
Citigroup Inc 4.1M 1.78% 57.7K -10.0K ↓14.77%
GS
Goldman Sachs Group, Inc. 2.7M 1.17% 7.1K -6.9K ↓49.29%
MGA
Magna International Inc. 1.9M 0.81% 20.0K =
PKX
Posco - ADR 1.6M 0.7% 21.0K =
CYD
China Yuchai International 1.2M 0.51% 73.4K =

Quarterly report: Q1 2021

Total value: $225.9M
TICKER CORP NAME VALUE($) SHARES +/- SHARES OWNERSHIP HISTORY
RFP
Resolute Forest Products Inc 49.9M 22.08% 4.6M -12.5K ↓0.27%
BHC
Bausch Health Companies Inc 47.4M 20.98% 1.5M -44.0K ↓2.86%
BRK.A
Berkshire Hathaway Inc. - Class A 38.5M 17.06% 100 =
WFC
Wells Fargo & Co. 6.6M 2.93% 169.5K -40.0K ↓19.09%
MBI
MBIA Inc. 5.8M 2.55% 599.5K -20.0K ↓3.23%
JPM
JPMorgan Chase & Co. 5.2M 2.3% 34.3K =
C
Citigroup Inc 4.9M 2.17% 67.7K =
GS
Goldman Sachs Group, Inc. 4.6M 2.02% 14.0K -4.0K ↓22.22%
BB
BlackBerry Ltd 3.4M 1.48% 400.0K -29.0K ↓6.77%
DVA
DaVita Inc 2.5M 1.1% 32.7K +22.0K ↑204.78%
MGA
Magna International Inc. 1.8M 0.77% 20.0K =
PKX
Posco - ADR 1.5M 0.67% 21.0K =
CYD
China Yuchai International 1.1M 0.5% 73.4K =

Quarterly report: Q4 2020

Total value: $136.1M
TICKER CORP NAME VALUE($) SHARES +/- SHARES OWNERSHIP HISTORY
BRK.A
Berkshire Hathaway Inc. - Class A 34.8M 25.55% 100 =
BHC
Bausch Health Companies Inc 32.0M 23.52% 1.5M =
RFP
Resolute Forest Products Inc 29.9M 21.97% 4.6M =
WFC
Wells Fargo & Co. 6.3M 4.64% 209.5K =
GS
Goldman Sachs Group, Inc. 4.7M 3.48% 18.0K =
JPM
JPMorgan Chase & Co. 4.4M 3.2% 34.3K =
C
Citigroup Inc 4.2M 3.06% 67.7K =
MBI
MBIA Inc. 4.1M 2.99% 619.5K =
BB
BlackBerry Ltd 2.8M 2.09% 429.0K =
MGA
Magna International Inc. 1.4M 1.04% 20.0K =
PKX
Posco - ADR 1.3M 0.96% 21.0K =
DVA
DaVita Inc 1.3M 0.92% 10.7K =
CYD
China Yuchai International 1.2M 0.88% 73.4K =