Francis Chou Chou Associates Management
Francis Chou is the founder of Chou Associates Management and a Canadian value investor known for deep-value and special-situation securities. His funds have historically owned a mix of equities and distressed or complex instruments when prices offered a margin of safety. Chou’s annual reports are read for candid discussion of mistakes, opportunities, and long-term results.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
RFP
Resolute Forest Products Inc.
RFP
|
+$3.45M |
| 2 |
ASCMA
Ascent Capital Group, Inc. Series A
ASCMA
|
+$503K |
| 3 |
Ryanair
RYAAY
|
+$33 |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.65% |
| 2 | Consumer Discretionary | 8.76% |
| 3 | Materials | 7.79% |
| 4 | Technology | 6.69% |
| 5 | Healthcare | 4.01% |
Similar funds
Francis Chou's Q4 2015 Portfolio in Review
As of Q4 2015, Francis Chou held 24 positions worth $467K, down 100% from $291M the previous quarter. Its ten largest holdings account for 89% of the portfolio.
Francis Chou deployed $3.95M of net new capital in Q4 2015, adding to 3 existing holdings.
By sector, the portfolio is most concentrated in Financials at 22% of assets, down from 34% a quarter earlier, followed by Consumer Discretionary and Materials.
- Francis Chou added most to Resolute Forest Products Inc. in Q4 2015, an estimated $3.45M increase.
- Francis Chou's ten largest holdings make up 89% of its $467K portfolio in Q4 2015.
- Francis Chou opened 0 new positions and closed 0 in Q4 2015.
- Francis Chou's portfolio value fell 100% quarter-over-quarter to $467K.
Based on Chou Associates Management's 13F filing for Q4 2015, filed 16 Feb 2016.