Chou Associates Management’s MBIA MBI Stock Holding History

Chou Associates Management’s Portfolio MBI Stock Details MBI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.9M	Hold	321,000	–	–	0.9%	19
2025 Q4	$2.3M	Hold	321,000	–	–	1.14%	16
2025 Q3	$2.39M	Hold	321,000	–	–	1.15%	17
2025 Q2	$1.39M	Hold	321,000	–	–	0.76%	18
2025 Q1	$1.6M	Hold	321,000	–	–	0.86%	19
2024 Q4	$2.07M	Hold	321,000	–	–	1.43%	13
2024 Q3	$1.15M	Hold	321,000	–	–	0.73%	19
2024 Q2	$1.76M	Buy	+321,000	New	+$1.92M	1.27%	15
2023 Q4	–	Sell	-199,530	Closed	-$1.44M	–	18
2023 Q3	$1.44M	Hold	199,530	–	–	1.92%	10
2023 Q2	$1.72M	Hold	199,530	–	–	2.18%	9
2023 Q1	$1.85M	Hold	199,530	–	–	2.58%	9
2022 Q4	$2.56M	Hold	199,530	–	–	3.62%	7
2022 Q3	$1.84M	Hold	199,530	–	–	1.82%	9
2022 Q2	$2.46M	Sell	199,530 -400,000	-67%	-$5.26M	2.38%	8
2022 Q1	$9.23M	Hold	599,530	–	–	6.81%	6
2021 Q4	$9.47M	Hold	599,530	–	–	6.56%	6
2021 Q3	$7.7M	Hold	599,530	–	–	4.84%	7
2021 Q2	$6.59M	Hold	599,530	–	–	3.85%	7
2021 Q1	$5.76M	Sell	599,530 -20,000	-3%	-$155K	3.34%	7
2020 Q4	$4.08M	Sell	619,530 -33,001	-5%	-$215K	3.14%	8
2020 Q3	$3.74M	Hold	652,531	–	–	3.76%	6
2020 Q2	$4.56M	Hold	652,531	–	–	5.02%	5
2020 Q1	$4.66M	Hold	652,531	–	–	4.66%	5
2019 Q4	$6.07M	Hold	652,531	–	–	3.49%	7
2019 Q3	$6.02M	Sell	652,531 -300,000	-31%	-$2.8M	3.68%	6
2019 Q2	$8.87M	Hold	952,531	–	–	4.15%	8
2019 Q1	$9.41M	Hold	952,531	–	–	4.15%	8
2018 Q4	$8.5M	Sell	952,531 -5,566	-0.6%	-$53K	4%	7
2018 Q3	$10.2M	Sell	958,097 -122,700	-11%	-$1.26M	3.67%	10
2018 Q2	$9.77M	Hold	1,080,797	–	–	3.72%	10
2018 Q1	$10M	Hold	1,080,797	–	–	4.22%	9
2017 Q4	$7.91M	Hold	1,080,797	–	–	3.38%	8
2017 Q3	$9.4M	Hold	1,080,797	–	–	3.29%	9
2017 Q2	$10.2M	Hold	1,080,797	–	–	3.16%	11
2017 Q1	$9.15M	Hold	1,080,797	–	–	3.04%	13
2016 Q4	$11.6M	Hold	1,080,797	–	–	3.7%	10
2016 Q3	$8.42M	Hold	1,080,797	–	–	3.12%	12
2016 Q2	$7.38M	Hold	1,080,797	–	–	2.82%	13
2016 Q1	$9.58M	Hold	1,080,797	–	–	3.11%	13
2015 Q4	$7K	Hold	1,080,797	–	–	1.5%	13
2015 Q3	$6.57M	Hold	1,080,797	–	–	2.26%	13
2015 Q2	$6.49M	Hold	1,080,797	–	–	1.99%	12
2015 Q1	$10.1M	Hold	1,080,797	–	–	2.64%	12
2014 Q4	$10.3M	Hold	1,080,797	–	–	2.71%	12
2014 Q3	$11.1M	Hold	1,080,797	–	–	2.82%	11
2014 Q2	$12.7M	Hold	1,080,797	–	–	3.49%	10
2014 Q1	$15.1M	Hold	1,080,797	–	–	4.18%	9
2013 Q4	$12.9M	Hold	1,080,797	–	–	3.66%	11
2013 Q3	$11.1M	Hold	1,080,797	–	–	0.61%	15
2013 Q2	$14.4M	Buy	+1,080,797	New	+$13.6M	3.88%	11

Other funds holding MBI

BlackRock New York $5.7T AUM 30.48% 1-Year Est. Return

Wolf Hill Capital Management Greenwich, Connecticut $705M AUM 80.44% 1-Year Est. Return

Kahn Brothers Group New York $564M AUM 25.3% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

ValueWorks New York $367M AUM 59.38% 1-Year Est. Return

Hosking Partners London, United Kingdom $2.79B AUM 58.33% 1-Year Est. Return

Geode Capital Management

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

TCW Group Los Angeles, California $13.3B AUM 34.44% 1-Year Est. Return

UBS Group Zurich, Switzerland $564B AUM 30.12% 1-Year Est. Return