0001144204-12-062616.txt : 20121114 0001144204-12-062616.hdr.sgml : 20121114 20121114162826 ACCESSION NUMBER: 0001144204-12-062616 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121114 DATE AS OF CHANGE: 20121114 EFFECTIVENESS DATE: 20121114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Chou Associates Management Inc. CENTRAL INDEX KEY: 0001389403 IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12878 FILM NUMBER: 121205036 BUSINESS ADDRESS: STREET 1: 95 WELLINGTON STREET WEST, SUITE 710 STREET 2: P.O. BOX 27 CITY: TORONTO STATE: A6 ZIP: M5J 2N7 BUSINESS PHONE: 416.214.0675 MAIL ADDRESS: STREET 1: 95 WELLINGTON STREET WEST, SUITE 710 STREET 2: P.O. BOX 27 CITY: TORONTO STATE: A6 ZIP: M5J 2N7 13F-HR 1 v328410_13fhr.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F Form 13F Cover Page Report for the Calendar Year or Quarter Ended: September 30, 2012 Check here if Amendment [ ] Amendment Number: ______ This Amendment (Check only one.): [ ] is a restatement [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Chou Associates Management Inc. Address: 110 Sheppard Avenue East Suite 301, Box 18 Toronto ON M2N 6Y8 Form 13F File Number: 028-12878 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Francis S.M. Chou Title: CEO Phone: (416) 214-0675 Signature, Place, and Date of Signing: /s/ Francis S.M. Chou Toronto, ON November 14, 2012 ------------------------ ------------------------- ------------------------- (Signature) (City, State) (Date) Report Type ( Check only one.): [x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 35 Form 13F Information Table Value Total: 396,359 (thousands) List of Other Included Managers: FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE CUSIP x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE BANK OF AMERICA CORPORATION W EXP 01/16/201 060505146 15,325 4,341,462 SH SOLE 4,341,462 0 0 BERKSHIRE HATHAWAY INC DEL CL A 084670108 39,810 300 SH SOLE 300 0 0 BP PLC SPONSORED ADR 055622104 424 10,000 SH SOLE 10,000 0 0 CHINA YUCHAI INTL LTD COM G21082105 326 25,537 SH SOLE 25,537 0 0 CHUNGHWA TELECOM CO LTD SPON ADR NEW11 17133Q502 4,194 132,088 SH SOLE 132,088 0 0 CITIGROUP INC COM NEW 172967424 13,415 410,000 SH SOLE 410,000 0 0 COMPUCREDIT HLDGS CORP NOTE 5.875%11/3 20478NAD2 5,111 13,150,000 PRN SOLE 13,150,000 0 0 DELL INC COM 24702R101 14,790 1,500,000 SH SOLE 1,500,000 0 0 FLAGSTONE REINSURANCE HOLDIN COM L3466T104 10,498 1,222,136 SH SOLE 1,222,136 0 0 GAP INC DEL COM 364760108 2,991 83,590 SH SOLE 83,590 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 18,757 165,000 SH SOLE 165,000 0 0 JPMORGAN CHASE & CO W EXP 10/28/201 46634E114 11,590 1,126,347 SH SOLE 1,126,347 0 0 LEVEL 3 COMMUNICATIONS INC NOTE 15.000% 1/152729NBM1 33,072 30,250,000 PRN SOLE 30,250,000 0 0 LEVEL 3 COMMUNICATIONS INC NOTE 6.500%10/0 52729NBR0 2,096 1,470,000 PRN SOLE 1,470,000 0 0 MANNKIND CORP NOTE 3.750%12/1 56400PAA0 5,984 9,900,000 PRN SOLE 9,900,000 0 0 MEDIA GEN INC CL A 584404107 4,267 823,771 SH SOLE 823,771 0 0 NOKIA CORP SPONSORED ADR 654902204 12,927 5,030,000 SH SOLE 5,030,000 0 0 OFFICE DEPOT INC COM 676220106 3,336 1,303,301 SH SOLE 1,303,301 0 0 ORCHARD SUPPLY HARDWARE STOR CL A 685691404 316 21,845 SH SOLE 21,845 0 0 OVERSTOCK COM INC DEL COM 690370101 23,934 2,310,209 SH SOLE 2,310,209 0 0 PRIMUS TELECOMMUNICATIONS GR COM 741929301 6,887 451,022 SH SOLE 451,022 0 0 RADIOSHACK CORP COM 750438103 3,080 1,294,071 SH SOLE 1,294,071 0 0 RESEARCH IN MOTION LTD COM 760975102 1,500 200,000 SH SOLE 200,000 0 0 RESOLUTE FST PRODS INC COM 76117W109 39,809 3,062,268 SH SOLE 3,062,268 0 0 RYANAIR HLDGS PLC SPONSORED ADR 783513104 871 27,000 SH SOLE 27,000 0 0 SANOFI SPONSORED ADR 80105N105 17,655 410,000 SH SOLE 410,000 0 0 SEARS HLDGS CORP COM 812350106 37,939 683,700 SH SOLE 683,700 0 0 SK TELECOM LTD SPONSORED ADR 78440P108 2,472 170,000 SH SOLE 170,000 0 0 SPRINT NEXTEL CORP COM SER 1 852061100 17,240 3,123,200 SH SOLE 3,123,200 0 0 SYMETRA FINL CORP COM 87151Q106 1,525 124,000 SH SOLE 124,000 0 0 UTSTARCOM HOLDINGS CORP USD ORD SHS G9310A106 1,284 1,247,051 SH SOLE 1,247,051 0 0 VALEANT PHARMACEUTICALS INTL COM 91911K102 4,221 76,377 SH SOLE 76,377 0 0 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 285 10,000 SH SOLE 10,000 0 0 WATSON PHARMACEUTICALS INC COM 942683103 28,563 335,400 SH SOLE 335,400 0 0 WELLS FARGO & CO NEW W EXP 10/28/201 949746119 9,865 997,500 SH SOLE 997,500 0 0