Francis Chou - Chou Associates Management 13F Activity & Position Changes (Q4 2020)

As of Dec 31, 2020, the Chou Associates Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 16, 2021. 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 2020, the filing reported:

New Buys - None reported

Increases - None reported

Reductions - DaVita Inc., Goldman Sachs Group, Inc. (The), MBIA Inc.

Complete Exits - Allegiant Travel Company, Spirit Airlines, Inc.

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 2020	ALGT Allegiant Travel Company	Allegiant Travel Company	Sell - Position Exit	-4,317	-100.0%	$0.00	-
Q4 2020	DVA DaVita Inc.	DaVita Inc.	Sell	-12,000	-52.8%	$1.26K	10,743
Q4 2020	GS Goldman Sachs Group, Inc. (The)	Goldman Sachs Group, Inc. (The)	Sell	-2,000	-10.0%	$4.75K	18,000
Q4 2020	MBI MBIA Inc.	MBIA Inc.	Sell	-33,001	-5.1%	$4.08K	619,530
Q4 2020	SAVE Spirit Airlines, Inc.	Spirit Airlines, Inc.	Sell - Position Exit	-50,000	-100.0%	$0.00	-