Francis Chou – Chou Associates Management Sector Allocation & Investment Breakdown (Jun 30, 2025)

As of Jun 30, 2025, the Chou Associates Management portfolio managed by Francis Chou was diversified across 9 sectors, according to the most recent SEC 13F filing dated Aug 13, 2025. This allocation breakdown highlights where the portfolio is most concentrated and how capital is distributed across industries.

The Financial Services sector represents the largest share at 59.2% of total portfolio value, followed by Consumer Discretionary and Communication Services and Energy. Together, the top three sectors account for 76.0% of the portfolio, reflecting Francis Chou's emphasis on strategic positioning. This sector allocation provides insights into the fund's investment strategy and risk exposure.