13F filing recap · Q4 2015

What did Chou Associates buy in Q4 2015?

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

Stock value

$466.93M

Positions

Estimated turnover

1.7%

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

RYAAYRyanair Holdings Plc$1.43Mreported value+16.6K shares

Increased positions

RFPResolute Forest Products Inc$35.62Mreported value+423.7K shares+9.9%ASCMAAscent Capital Group Inc.$5.68Mreported value+23.4K shares+7.4%

Exited positions

RYAAYRyanair Holdings Plc$1.33Mprior reported value-17.0K shares-100.0%