Francis Chou - Chou Associates
| History | Stock | Activity ▲ | Share change | % change to portfolio |
| Q4 2018 | ≡ | SHOS - Sears Hometown & Outlet Stores | Reduce 0.76% | 10,000 | 0.01 | ≡ | MBI - MBIA Inc. | Reduce 0.58% | 5,566 | 0.02 |
| Q3 2018 | ≡ | BAC - Bank of America Corp. | Buy | 93,376 | 1.00 | ≡ | JPM - JPMorgan Chase & Co. | Buy | 109,275 | 4.46 | ≡ | WFC - Wells Fargo | Buy | 434,542 | 8.27 | ≡ | SHLDQ-OLD - Sears Holdings Corp. | Reduce 55.34% | 626,229 | 0.22 | ≡ | C - Citigroup Inc. | Reduce 38.10% | 80,000 | 2.08 | ≡ | GS - Goldman Sachs Group | Reduce 33.33% | 25,000 | 2.03 | ≡ | ASCMA - Ascent Capital Group | Reduce 12.42% | 38,000 | 0.02 | ≡ | SNY - Sanofi Aventis | Reduce 12.20% | 50,000 | 0.81 | ≡ | MBI - MBIA Inc. | Reduce 11.35% | 122,700 | 0.48 | ≡ | SHOS - Sears Hometown & Outlet Stores | Reduce 0.78% | 10,249 | 0.01 | ≡ | BYON - Beyond Inc. | Sell 100.00% | 6,650 | 0.09 | ≡ | BAC.WS.A - Bank of America WTS A | Sell 100.00% | 149,476 | 0.94 | ≡ | NOK - Nokia Corp. | Sell 100.00% | 650,000 | 1.44 | ≡ | JPM.WS - JPMorgan Chase WTS | Sell 100.00% | 166,977 | 4.08 | ≡ | WFC.WS - Wells Fargo WTS | Sell 100.00% | 997,500 | 8.46 |
| Q2 2018 | ≡ | ALGT - Allegiant Travel Company | Buy | 4,317 | 0.23 | ≡ | SAVE - Spirit Airlines | Buy | 50,000 | 0.70 | ≡ | DVA - DaVita HealthCare Partners | Buy | 140,743 | 3.76 | ≡ | NOK - Nokia Corp. | Reduce 23.53% | 200,000 | 0.44 | ≡ | RFP-OLD - Resolute Forest Products | Reduce 0.54% | 24,872 | 0.10 | ≡ | SD - SandRidge Energy Inc. | Sell 100.00% | 135,903 | 0.85 |
| Q1 2018 | ≡ | ENDP - Endo International plc | Add 1000.00% | 800,000 | 2.05 | ≡ | BHC - Bausch Health | Add 1006.77% | 1,500,000 | 10.27 |
| Q4 2017 | ≡ | BYON - Beyond Inc. | Reduce 97.68% | 280,000 | 8.00 | ≡ | TEVA - Teva Pharmaceutical Industries Ltd. | Reduce 97.03% | 490,000 | 3.92 | ≡ | BHC - Bausch Health | Reduce 95.12% | 2,904,851 | 26.32 | ≡ | ENDP - Endo International plc | Reduce 91.58% | 870,000 | 2.94 | ≡ | RYAAY - Ryanair Holdings PLC | Reduce 72.40% | 12,000 | 0.55 | ≡ | BAC.WS.A - Bank of America WTS A | Reduce 65.78% | 287,349 | 2.21 | ≡ | JPM.WS - JPMorgan Chase WTS | Reduce 54.42% | 199,370 | 5.78 | ≡ | SD - SandRidge Energy Inc. | Reduce 13.23% | 20,720 | 0.19 | ≡ | RFP-OLD - Resolute Forest Products | Reduce 7.39% | 366,591 | 1.77 | ≡ | CBI - Chicago Bridge & Iron Company | Sell 100.00% | 67,446 | 0.40 |
| Q3 2017 | ≡ | BYON - Beyond Inc. | Reduce 50.77% | 295,621 | 3.12 | ≡ | JPM.WS - JPMorgan Chase WTS | Reduce 41.51% | 260,000 | 4.99 | ≡ | C - Citigroup Inc. | Reduce 32.26% | 100,000 | 2.59 | ≡ | NOK - Nokia Corp. | Reduce 32.00% | 400,000 | 0.85 | ≡ | BAC.WS.A - Bank of America WTS A | Reduce 18.63% | 100,000 | 0.47 | ≡ | GM.WS.B - General Motors WTS B | Sell 100.00% | 13,019 | 0.07 | ≡ | SRSC - Sears Canada Inc. | Sell 100.00% | 775,149 | 0.17 |
| Q2 2017 | ≡ | BHC - Bausch Health | Add 29.74% | 700,000 | 3.81 | ≡ | TEVA - Teva Pharmaceutical Industries Ltd. | Add 134.88% | 290,000 | 3.03 | ≡ | NOK - Nokia Corp. | Reduce 54.55% | 1,500,000 | 2.90 | ≡ | C - Citigroup Inc. | Reduce 24.39% | 100,000 | 2.11 |
| Q1 2017 | ≡ | BHC - Bausch Health | Add 20.04% | 393,000 | 1.46 | ≡ | SD - SandRidge Energy Inc. | Add 224.67% | 108,383 | 0.68 | ≡ | TEVA - Teva Pharmaceutical Industries Ltd. | Buy | 215,000 | 2.33 | ≡ | ENDP - Endo International plc | Buy | 950,000 | 3.58 | ≡ | JPM.WS - JPMorgan Chase WTS | Reduce 44.39% | 500,000 | 7.81 | ≡ | BAC.WS.A - Bank of America WTS A | Reduce 35.85% | 300,000 | 1.15 | ≡ | NOK - Nokia Corp. | Reduce 26.67% | 1,000,000 | 1.83 | ≡ | GSK - GSK plc | Sell 100.00% | 18,000 | 0.11 | ≡ | AZN - AstraZeneca PLC | Sell 100.00% | 13,000 | 0.23 |
| Q4 2016 | ≡ | RFP-OLD - Resolute Forest Products | Add 1.20% | 58,671 | 0.10 | ≡ | BHC - Bausch Health | Add 35.53% | 514,000 | 2.45 | ≡ | SD - SandRidge Energy Inc. | Buy | 48,240 | 0.37 | ≡ | SHLDQ-OLD - Sears Holdings Corp. | Reduce 20.96% | 300,000 | 0.91 | ≡ | ASCMA - Ascent Capital Group | Reduce 10.00% | 34,000 | 0.18 | ≡ | BP - BP plc | Sell 100.00% | 10,000 | 0.13 |
| Q2 2016 | ≡ | SHLDQ-OLD - Sears Holdings Corp. | Add 38.77% | 400,000 | 2.12 | ≡ | BHC - Bausch Health | Add 48.11% | 470,000 | 3.68 | ≡ | GM.WS.B - General Motors WTS B | Buy | 13,019 | 0.05 |
| Q1 2016 | ≡ | RFP-OLD - Resolute Forest Products | Add 4.25% | 199,843 | 0.41 | ≡ | SHLDQ-OLD - Sears Holdings Corp. | Add 15.12% | 135,522 | 0.78 | ≡ | BHC - Bausch Health | Buy | 976,843 | 9.59 | ≡ | BRK.A - Berkshire Hathaway CL A | Reduce 50.00% | 150 | 11.95 |
| Q4 2015 | ≡ | ASCMA - Ascent Capital Group | Add 7.39% | 23,409 | 0.13 | ≡ | RFP-OLD - Resolute Forest Products | Add 9.90% | 423,691 | 1.10 | ≡ | RYAAY - Ryanair Holdings PLC | Reduce 2.50% | 425 | 0.01 |
| Q3 2015 | ≡ | RFP-OLD - Resolute Forest Products | Add 4.90% | 200,000 | 0.57 | ≡ | ASCMA - Ascent Capital Group | Add 126.14% | 176,591 | 1.67 | ≡ | CYD - China Yuchai Intl Ltd. | Add 187.29% | 47,827 | 0.20 | ≡ | PKX - POSCO | Buy | 21,000 | 0.25 | ≡ | AZN - AstraZeneca PLC | Reduce 50.00% | 13,000 | 0.28 | ≡ | NOK - Nokia Corp. | Reduce 25.00% | 1,250,000 | 2.93 |
| Q2 2015 | ≡ | CHT - Chunghwa Telecom Co. Ltd. | Sell 100.00% | 132,088 | 1.29 |
| Q1 2015 | ≡ | ASCMA - Ascent Capital Group | Buy | 140,000 | 1.70 |
| Q4 2014 | ≡ | SHLDQ-OLD - Sears Holdings Corp. | Add 11.52% | 92,562 | 0.93 | ≡ | SHOS - Sears Hometown & Outlet Stores | Add 48.53% | 432,039 | 1.73 | ≡ | CBI - Chicago Bridge & Iron Company | Buy | 67,446 | 0.86 | ≡ | SRSC - Sears Canada Inc. | Buy | 775,149 | 2.27 | ≡ | RFP-OLD - Resolute Forest Products | Reduce 0.88% | 36,041 | 0.19 | ≡ | VZ - Verizon Communications | Sell 100.00% | 2,630 | 0.04 | ≡ | VOD - Vodafone Group PLC | Sell 100.00% | 5,454 | 0.06 | ≡ | UTSI - UTStarcom | Sell 100.00% | 28,407 | 0.12 | ≡ | LE - Lands End Inc. | Sell 100.00% | 151,696 | 2.08 |
| Q3 2014 | ≡ | SHOS - Sears Hometown & Outlet Stores | Buy | 890,170 | 4.59 | ≡ | LE - Lands End Inc. | Reduce 37.24% | 90,001 | 1.23 |
| Q2 2014 | ≡ | LE - Lands End Inc. | Buy | 241,697 | 2.77 | ≡ | ACT-OLD - Actavis plc | Sell 100.00% | 35,400 | 2.32 |
| Q1 2014 | ≡ | VZ - Verizon Communications | Buy | 2,630 | 0.04 | ≡ | VOD - Vodafone Group PLC | Reduce 45.46% | 4,546 | 0.05 | ≡ | RFP-OLD - Resolute Forest Products | Reduce 2.60% | 110,000 | 0.71 |
| Q4 2013 | ≡ | RFP-OLD - Resolute Forest Products | Add 2.42% | 100,000 | 0.52 | ≡ | BB - BlackBerry Ltd. | Add 185.97% | 344,040 | 0.88 | ≡ | GSK - GSK plc | Buy | 18,000 | 0.16 | ≡ | AZN - AstraZeneca PLC | Buy | 26,000 | 0.25 | ≡ | ACT-OLD - Actavis plc | Reduce 53.85% | 41,305 | 2.26 |