Francis Chou - Chou Associates Management 13F Activity & Position Changes (Q4 2017)

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 Dec 31, 2017. 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 Q4 2017, the filing reported:

New Buys - None reported

Increases - None reported

Reductions - Beyond, Inc., Ryanair Holdings plc, SandRidge Energy, Inc., Teva Pharmaceutical Industries

Complete Exits - None reported

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
Q4 2017	BYON Beyond, Inc.	Beyond, Inc.	Sell	-280,000	-97.7%	$425.00	6,650
Q4 2017	RYAAY Ryanair Holdings plc	Ryanair Holdings plc	Sell	-12,000	-72.4%	$477.00	4,575
Q4 2017	SD SandRidge Energy, Inc.	SandRidge Energy, Inc.	Sell	-20,720	-13.2%	$2.86K	135,903
Q4 2017	TEVA Teva Pharmaceutical Industries	Teva Pharmaceutical Industries	Sell	-490,000	-97.0%	$284.00	15,000