Chou Associates Management Inc.

Q1 2014 13F-HR Holdings

Location
Toronto, A6
Holdings as of
3/31/2014
Date filed
5/14/2014
Form type
13F-HR
Num holdings
23
Total value ($000)
$361,656
Net value change ($000)
+9,470 (2.7%)
New positions
2
Sold out positions
1
Turnover %
0.2%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
Resolute Forest Products Inc. 14,995 22.1%
BRK-B 2,835 5.3%
MBI 2,215 17.2%
ACTAVIS INC 1,340 22.5%
RYAAY 202 25.3%
VOD 201 NEW
VZ 125 NEW
BB 105 2.5%
AZN 74 9.7%
CYD 8 1.5%
Top Reduces (Value $000, Stocks/ETFs)
BBBY -6,457 -36.0%
NOK -3,850 -9.5%
C -1,849 -8.7%
Global X Funds -1,029 -2.6%
GS -1,005 -7.6%
SNY -553 -2.5%
VOD -393 -100.0%
CHT -37 -0.9%
UTSTARCOM HOLDINGS CORP -6 -1.9%
BP -5 -1.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type