Francis Chou - Chou Associates Management 13F Activity & Position Changes (Q2 2020)

According to the SEC 13F filed on Aug 12, 2026, the Chou Associates Management portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2020. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2020, the filing reported:

New Buys - None reported

Increases - None reported

Reductions - BlackBerry Limited, Bausch Health Companies Inc., Berkshire Hathaway Inc., DaVita Inc.

Complete Exits - Sanofi

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2020	BB BlackBerry Limited	BlackBerry Limited	Sell	-100,000	-18.9%	$2.02K	429,040
Q2 2020	BHC Bausch Health Companies Inc.	Bausch Health Companies Inc.	Sell	-20,000	-1.3%	$27.15K	1,538,992
Q2 2020	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-50	-33.3%	$25.79K	100
Q2 2020	DVA DaVita Inc.	DaVita Inc.	Sell	-10,000	-30.5%	$1.74K	22,743
Q2 2020	SNY Sanofi	Sanofi	Sell - Position Exit	-20,000	-100.0%	$0.00	-