Francis Chou - Chou Associates Management Portfolio Stock Holdings

Chou Associates Management disclosed 31 stock positions valued at approximately $210.3 million in its latest SEC 13F filing. The largest holdings include BERKSHIRE HATHAWAY INC DEL, APPLE INC, and MICROSOFT CORP. The filing reflects positions held as of March 31, 2026 and was filed on May 14, 2026.

Report Period
March 31, 2026
No. of Stocks
31
Portfolio Value
$210.3M
Holdings by Sector
Chou Associates Management Portfolio Holdings in Q1 2026

191 holdings in the latest reporting period.

Page 1 of 2
CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
BERKSHIRE HATHAWAY INC DELBRK-AFinancial Services8.40%86--$61,760,065
APPLE INCAAPLTechnology8.36%242,088-1,551-0.64%$61,439,635
MICROSOFT CORPMSFTTechnology4.54%90,105-64-0.07%$33,354,285
ALPHABET INCGOOGCommunication Services4.21%108,006-195-0.18%$30,982,534
ALPHABET INCGOOGLCommunication Services2.90%74,081-3,085-4.00%$21,302,726
OCCIDENTAL PETE CORPOXYEnergy2.77%313,000--$20,345,004
ERIE INDTY COERIEFinancial Services2.48%72,569+821+1.14%$18,237,255
AMAZON COM INCAMZNConsumer Cyclical2.39%84,489+148+0.18%$17,596,603
VISA INCVFinancial Services2.10%51,136-671-1.30%$15,455,279
SYNCHRONY FINANCIALSYFFinancial Services2.06%223,202+7,500+3.48%$15,182,205
BROADCOM INCAVGOTechnology2.00%47,472-1,133-2.33%$14,693,047
MERCK & CO INCMRKHealthcare1.83%111,663+129+0.12%$13,431,896
JOHNSON & JOHNSONJNJHealthcare1.80%54,270-1,799-3.21%$13,265,661
CATERPILLAR INCCATIndustrials1.45%15,058-25-0.17%$10,667,850
STELLANTIS N.VSTLAOther1.34%1,394,194--$9,884,838
JPMORGAN CHASE & COJPMFinancial Services1.32%33,083-579-1.72%$9,731,754
SIRIUSXM HOLDINGS INCSIRIConsumer Discretionary1.32%421,084-1,500-0.35%$9,718,624
STATE STR SPDR S&P 500 ETF TSPYOther1.25%14,166+274+1.97%$9,212,957
ALLY FINL INCALLYFinancial Services1.20%225,525--$8,847,349
AMGEN INCAMGNHealthcare1.07%22,420-583-2.53%$7,888,483
ELI LILLY & COLLYHealthcare1.05%8,431+85+1.02%$7,754,581
ABBVIE INCABBVHealthcare1.04%35,329-155-0.44%$7,683,651
PAYPAL HLDGS INCPYPLFinancial Services1.03%167,400+126,400+308.29%$7,571,505
CHEVRON CORPORATIONCVXEnergy1.02%36,182+1,262+3.61%$7,486,062
STARBUCKS CORPSBUXConsumer Cyclical0.99%81,445-2,816-3.34%$7,296,657
VERIZON COMMUNICATIONS INCVZCommunication Services0.99%145,152-1,661-1.13%$7,286,644
INTERNATIONAL BUSINESS MACHSIBMTechnology0.96%29,244-3,227-9.94%$7,088,352
CISCO SYS INCCSCOTechnology0.95%89,982-7,021-7.24%$6,981,727
CITIGROUP INCCFinancial Services0.87%56,412-2,086-3.57%$6,397,683
JEFFERIES FINL GROUP INCJEFFinancial Services0.84%149,237+138,250+1258.31%$6,159,014
BP PLCBPEnergy0.83%129,274+3,370+2.68%$6,075,901
UNION PAC CORPUNPIndustrials0.80%24,343+941+4.02%$5,906,081
NVIDIA CORPORATIONNVDATechnology0.79%33,179+370+1.13%$5,786,350
PROCTER & GAMBLE COPGConsumer Defensive0.78%39,737-746-1.84%$5,739,550
COCA COLA COKOConsumer Defensive0.75%72,207-1,155-1.57%$5,491,348
PFIZER INCPFEHealthcare0.74%194,260+1,698+0.88%$5,454,823
NIKE INCNKEConsumer Cyclical0.73%101,202+4,875+5.06%$5,345,482
MEDTRONIC PLCMDTOther0.73%61,560-664-1.07%$5,334,183
ALIBABA GROUP HLDG LTDBABAConsumer Cyclical0.71%41,900--$5,256,774
TARGET CORPTGTConsumer Defensive0.69%41,957+3,717+9.72%$5,085,166
PEPSICO INCPEPConsumer Defensive0.68%31,968+1,384+4.53%$4,964,309
MCDONALDS CORPMCDConsumer Cyclical0.67%15,888-74-0.46%$4,937,811
WELLS FARGO CO NEWWFCFinancial Services0.64%59,542--$4,740,140
STRYKER CORPORATIONSYKHealthcare0.63%14,012-550-3.78%$4,604,352
DEERE & CODEIndustrials0.61%8,001+2+0.03%$4,506,704
COSTCO WHOLESALE CORPORATIONCOSTConsumer Defensive0.61%4,503+32+0.72%$4,486,562
VANGUARD INDEX FDSVBOther0.60%16,871+2,805+19.94%$4,418,816
VANGUARD SPECIALIZED FUNDSVIGOther0.59%20,139+617+3.16%$4,331,100
VANGUARD STAR FDSVXUSOther0.58%54,846+20,152+58.08%$4,229,161
CORNING INCGLWTechnology0.57%30,656-3,970-11.47%$4,168,296
HOME DEPOT INCHDConsumer Cyclical0.56%12,552-519-3.97%$4,128,143
EXXON MOBIL CORPXOMEnergy0.53%23,061+370+1.63%$3,912,445
GENERAL MTRS COGMConsumer Cyclical0.53%52,000--$3,874,001
UNITED PARCEL SVCS INCUPSIndustrials0.53%39,370+1,208+3.17%$3,873,249
ADOBE INCADBETechnology0.50%15,259-618-3.89%$3,709,158
SHELL PLCSHELEnergy0.49%38,900-990-2.48%$3,617,700
AMERICAN EXPRESS COAXPFinancial Services0.49%11,794-64-0.54%$3,567,313
DISNEY WALT CODISCommunication Services0.45%34,651-517-1.47%$3,339,672
NETFLIX INC.NFLXCommunication Services0.45%34,548+1,950+5.98%$3,321,790
VANGUARD INDEX FDSVOOther0.45%11,561+707+6.51%$3,320,146
BANK AMERICA CORPBACFinancial Services0.43%65,015-3,568-5.20%$3,169,483
VANGUARD INDEX FDSVUGOther0.41%6,915+321+4.87%$3,020,585
HONEYWELL INTL INCHONIndustrials0.41%13,283-10-0.08%$3,002,429
AT&T INCTCommunication Services0.38%97,382+937+0.97%$2,823,101
ILLINOIS TOOL WKS INCITWIndustrials0.37%10,390--$2,704,413
VANGUARD BD INDEX FDSBSVOther0.35%32,707+16+0.05%$2,564,527
PATHWARD FINANCIAL INCCASHFinancial Services0.33%27,389--$2,443,922
ASML HLDG NVASMLOther0.33%1,849-7-0.38%$2,442,215
SCHWAB CHARLES CORPSCHWFinancial Services0.33%25,712+82+0.32%$2,416,414
SONY GROUP CORPSONYTechnology0.30%107,500-2,200-2.01%$2,225,250
POOL CORPPOOLIndustrials0.29%10,636--$2,151,982
WASTE MGMT INC DELWMIndustrials0.29%9,335--$2,145,090
3M COMMMIndustrials0.29%14,586-1,580-9.77%$2,118,345
DECKERS OUTDOOR CORPDECKConsumer Cyclical0.29%21,037-130-0.61%$2,105,593
KRAFT HEINZ COKHCConsumer Defensive0.28%92,602+67,100+263.12%$2,082,619
MICRON TECHNOLOGY INCMUTechnology0.26%5,643+1,768+45.63%$1,906,431
MBIA INCMBIFinancial Services0.26%321,000--$1,897,110
GE AEROSPACEGEIndustrials0.24%6,214-766-10.97%$1,763,358
SPDR GOLD TRGLDOther0.24%4,055+121+3.08%$1,744,826
DUKE ENERGY CORP NEWDUKUtilities0.23%13,144+710+5.71%$1,721,027
US BANCORPUSBFinancial Services0.23%32,463+470+1.47%$1,688,417
PRICE T ROWE GROUP INCTROWFinancial Services0.23%18,365+190+1.05%$1,655,421
ATLANTA BRAVES HLDGS INCBATRKCommunication Services0.22%38,640+245+0.64%$1,649,928
ISHARES TRIEFAOther0.22%17,994+1,862+11.54%$1,628,994
AMERICAN ELEC PWR CO INCAEPUtilities0.21%11,629+1,097+10.42%$1,524,293
GOLDMAN SACHS GROUP INCGSFinancial Services0.21%1,787-149-7.70%$1,511,599
DTE ENERGY CODTEUtilities0.20%10,238-78-0.76%$1,496,969
BERKSHIRE HATHAWAY INC DELBRK-BFinancial Services0.20%3,100+3,100+100.00%$1,485,520
QUALCOMM INCQCOMTechnology0.20%11,278-1,045-8.48%$1,452,439
PUBLIC STORAGE OPER COPSAReal Estate0.20%5,356-117-2.14%$1,450,833
BANK NEW YORK MELLON CORPBKFinancial Services0.20%12,117-1,420-10.49%$1,437,440
ASSURED GUARANTY LTDG0585R106Other0.19%16,990+6,000+54.60%$1,384,345
AMERICAN TOWER CORPAMTReal Estate0.18%7,732+315+4.25%$1,334,389
CLOROX CO DELCLXConsumer Defensive0.18%12,576+1,610+14.68%$1,303,251
VERTEX PHARMACEUTICALS INCVRTXHealthcare0.18%2,889+646+28.80%$1,290,054
EMERSON ELEC COEMRIndustrials0.17%9,539+1+0.01%$1,249,823
GENERAL DYNAMICS CORPGDIndustrials0.17%3,573+45+1.28%$1,226,325
METHANEX CORPMEOHBasic Materials0.16%20,000--$1,191,719
RIO TINTO PLCRIOBasic Materials0.16%12,245+2,155+21.36%$1,142,371
ORACLE CORPORCLTechnology0.15%7,572-1,335-14.99%$1,113,917