13F filing recap · Q1 2013

What did Chou Associates buy in Q1 2013?

Reported stock-position changes between this filing and the previous one.

Stock value

$366.09M

Positions

Estimated turnover

21.6%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

ACTActavis Inc$30.89Mreported value+335.4K shares

Reduced positions

RFPResolute Forest Products Inc$44.65Mreported value-114.9K shares-4.0%GSThe Goldman Sachs Group, Inc.$16.92Mreported value-50.0K shares-30.3%SSprint Nextel Corporation$10.08Mreported value-500.0K shares-23.5%RIMMResearch in Motion Ltd (now Blackberry Limited)$2.79Mreported value

Exited positions

WPIWatson Pharmaceuticals Inc$28.84Mprior reported value-335.4K shares-100.0%SYASymetra Financial Corp$1.61Mprior reported value-124.0K shares-100.0%MEGMedia General Inc$938.0Kprior reported value-218.1K shares-100.0%