13F portfolio / Investment manager
Chou Associates
The firm is based in Toronto, Ontario, Canada, according to its SEC filings.
Its earliest 13F holdings report on SEC EDGAR was filed in February 2008.
The 13F shows long US-listed stock and option positions only. It leaves out short positions, cash, bonds and most non-US holdings.
- Reported 13F value
- $217M
- Positions
- 31
- Est. 1-yearEstimate
- +2.5%SPY +15.7%
- Est. 3-year, annualizedEstimate
- +14.1%SPY +22.8%
As of Jun 30, 2026 · filed Aug 12, 2026
Holdings
1 new · 0 added · 1 trimmed · 29 unchanged · 1 sold out
| 1 | BRK/A on Yahoo Finance (opens in a new tab) | Berkshire Hathaway Inc DelCL A | 29.7% | $64M | 86 | Unchanged | $558568.04* | $794223.56 | +42.2% |
| 2 | GOOG on Yahoo Finance (opens in a new tab) | Alphabet IncCAP STK CL C | 11.8% | $26M | 72,390 | Unchanged | $168.55 | $337.82 | +100.4% |
| 3 | SYF on Yahoo Finance (opens in a new tab) | Synchrony FinancialCOM | 7.8% | $17M | 223,202 | Unchanged | $38.06* | $74.11 | +94.7% |
| 4 | OXY on Yahoo Finance (opens in a new tab) | Occidental Pete CorpCOM | 7.0% | $15M | 313,000 | Unchanged | $42.02 | $62.26 | +48.2% |
| 5 | SIRI on Yahoo Finance (opens in a new tab) | Siriusxm Holdings IncCOMMON STOCK | 5.6% | $12M | 409,589 | Unchanged | $22.00 | $26.86 | +22.1% |
| 6 | AAPL on Yahoo Finance (opens in a new tab) | Apple IncCOM | 5.3% | $12M | 40,000 | Trimmed -9.1% | $184.62 | $342.77 | +85.7% |
| 7 | ALLY on Yahoo Finance (opens in a new tab) | Ally Finl IncCOM | 4.8% | $10M | 225,525 | Unchanged | $28.64* | $37.69 | +31.6% |
| 8 | STLA on Yahoo Finance (opens in a new tab) | Stellantis N.VCOM | 3.7% | $8M | 1,394,194 | Unchanged | $12.11* | $4.38 | -63.9% |
| 9 | JEF on Yahoo Finance (opens in a new tab) | Jefferies Finl Group IncCOM | 3.4% | $7M | 149,237 | Unchanged | $50.26 | $44.63 | -11.2% |
| 10 | PYPL on Yahoo Finance (opens in a new tab) | PayPal Hldgs IncCOM | 3.3% | $7M | 167,400 | Unchanged | $51.57 | $56.94 | +10.4% |
| 11 | WFC on Yahoo Finance (opens in a new tab) | Wells Fargo Co NewCOM | 2.3% | $5M | 59,542 | Unchanged | $50.34* | $83.23 | +65.3% |
| 12 | C on Yahoo Finance (opens in a new tab) | Citigroup IncCOM NEW | 2.1% | $5M | 32,695 | Unchanged | $37.88* | $123.71 | +226.6% |
| 13 | BABA on Yahoo Finance (opens in a new tab) | Alibaba Group Hldg LtdSPONSORED ADS | 1.9% | $4M | 41,900 | Unchanged | $109.99* | $109.74 | -0.2% |
| 14 | GM on Yahoo Finance (opens in a new tab) | General Mtrs CoCOM | 1.9% | $4M | 52,000 | Unchanged | $48.49 | $83.85 | +72.9% |
| 15 | BAC on Yahoo Finance (opens in a new tab) | Bank Of Amer CorpCOM | 1.3% | $3M | 50,000 | Unchanged | $36.26 | $51.48 | +42.0% |
| 16 | CASH on Yahoo Finance (opens in a new tab) | Pathward Financial IncCOM | 1.1% | $2M | 27,389 | Unchanged | $52.26 | $72.77 | +39.3% |
| 17 | POOL on Yahoo Finance (opens in a new tab) | Pool CorpCOM | 1.1% | $2M | 10,636 | Unchanged | $346.29 | $170.09 | -50.9% |
| 18 | MBI on Yahoo Finance (opens in a new tab) | Mbia IncCOM | 1.0% | $2M | 321,000 | Unchanged | $5.99 | $4.36 | -27.1% |
| 19 | KHC on Yahoo Finance (opens in a new tab) | Kraft Heinz CoCOM | 0.8% | $2M | 69,500 | Unchanged | $22.47 | $23.43 | +4.3% |
| 20 | BRK/B on Yahoo Finance (opens in a new tab) | Berkshire Hathaway Inc DelCL B NEW | 0.7% | $2M | 3,100 | Unchanged | $490.90 | $529.25 | +7.8% |
| 21 | AGO on Yahoo Finance (opens in a new tab) | Assured Guaranty LtdCOM | 0.6% | $1M | 16,990 | Unchanged | $78.73 | $70.51 | -10.4% |
| 22 | CYD on Yahoo Finance (opens in a new tab) | China Yuchai Intl LtdCOM | 0.5% | $1M | 23,364 | Unchanged | $9.92* | $26.11 | +163.3% |
| 23 | MEOH on Yahoo Finance (opens in a new tab) | Methanex CorpCOM | 0.4% | $924K | 20,000 | Unchanged | $33.26* | $64.80 | +94.9% |
| 24 | MCO on Yahoo Finance (opens in a new tab) | Moody's CorpCOM | 0.3% | $679K | 1,500 | Unchanged | $390.40 | $481.11 | +23.2% |
| 25 | MGA on Yahoo Finance (opens in a new tab) | Magna Intl IncCOM | 0.3% | $657K | 10,000 | Unchanged | $50.16* | $66.42 | +32.4% |
| 26 | ATKR on Yahoo Finance (opens in a new tab) | Atkore IncCOM | 0.3% | $639K | 8,400 | Unchanged | $64.34 | $94.96 | +47.6% |
| 27 | HPQ on Yahoo Finance (opens in a new tab) | HP IncCOM | 0.3% | $581K | 26,500 | Unchanged | $18.79 | $30.00 | +59.6% |
| 28 | IMO on Yahoo Finance (opens in a new tab) | Imperial Oil LtdCOM NEW | 0.3% | $561K | 5,000 | Unchanged | $57.27 | $133.76 | +133.6% |
| 29 | LPX on Yahoo Finance (opens in a new tab) | Louisiana Pac CorpCOM | 0.2% | $463K | 5,886 | Unchanged | $80.98 | $69.82 | -13.8% |
| 30 | RYAAY on Yahoo Finance (opens in a new tab) | Ryanair Holdings PLCSPONSORED ADS | 0.2% | $384K | 5,937 | Unchanged | $39.98* | $52.35 | +30.9% |
| 31 | VTS on Yahoo Finance (opens in a new tab) | Vitesse Energy OrdCOM | 0.0% | $20K | 1,293 | New | $16.91 | $18.22 | +7.7% |
Sold out since Q1 2026
- —Braemar Hotels & Resorts Inc$2M at Q1 2026
Estimated, from reported holdings
Quarter by quarter
High-conviction buys (new positions at 3% or more of the portfolio) since Q3 2023: 3. Of 3 with six months of history, 33.3% beat the S&P 500 from the filing date.
Source: SEC Form 13F-HR 0001104659-26-094668, compared with the Q1 2026 report. 0 option rows are excluded from weights. Tickers map from CUSIP via OpenFIGI. Estimated returns weight each position’s next-quarter total return (Yahoo Finance adjusted closes) by its quarter-end value and assume no trades. Estimated cost averages daily adjusted closes in each quarter the share count rose, from Q3 2023 onward (* = held at the start of our data). Price is the latest close.
Important information
Form 13F data is delayed. Managers have up to 45 days after each calendar quarter to file, so holdings shown may have changed materially since the report date. 13F reports cover long positions in US-listed equities and certain other securities only; they exclude short positions, most non-US holdings, cash, bonds and private investments, and managers may request confidential treatment for some positions. Options rows are listed in filings but are not counted in the holdings and weights shown here.
Estimated holdings returns, estimated cost and high-conviction results are hypothetical calculations from quarter-end holdings and public prices, assuming no trades between reports. They are not the actual returns or costs of any fund or manager and do not reflect fees, trading, leverage, shorts or cash. Biographies are drawn from cited public sources. This page is for information only and is not individualized investment advice or a recommendation to buy or sell any security. Gulfstream Capital and its clients may hold positions in securities shown.