Francis Chou Buys Valeant Pharmaceuticals International Inc, Teva Pharmaceutical Industries, Sells Nokia Oyj, Citigroup Inc

Investment company Francis Chou buys Valeant Pharmaceuticals International Inc, Teva Pharmaceutical Industries, sells Nokia Oyj, Citigroup Inc during the 3-months ended 2017-06-30, according to the most recent filings of the investment company, Chou Associates Management. As of 2017-06-30, Chou Associates Management owns 25 stocks with a total value of $319 million. These are the details of the buys and sells.
  • Added Positions: VRX, TEVA,
  • Reduced Positions: NOK, C,

For the details of Francis Chou's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Francis+Chou

These are the top 5 holdings of Francis Chou
  1. Valeant Pharmaceuticals International Inc (VRX) - 3,053,843 shares, 16.64% of the total portfolio. Shares added by 29.74%
  2. Berkshire Hathaway Inc (BRK.A) - 150 shares, 12.03% of the total portfolio.
  3. JPMorgan Chase & Co (JPM.WS) - 626,347 shares, 9.92% of the total portfolio.
  4. Wells Fargo & Co (WFC.WS) - 997,500 shares, 6.97% of the total portfolio.
  5. Resolute Forest Products Inc (RFP) - 4,963,423 shares, 6.88% of the total portfolio.
Added: Valeant Pharmaceuticals International Inc (VRX)

Francis Chou added to the holdings in Valeant Pharmaceuticals International Inc by 29.74%. The purchase prices were between $8.51 and $17.31, with an estimated average price of $11.95. The stock is now traded at around $13.68. The impact to the portfolio due to this purchase was 3.81%. The holdings were 3,053,843 shares as of 2017-06-30.

Added: Teva Pharmaceutical Industries Ltd (TEVA)

Francis Chou added to the holdings in Teva Pharmaceutical Industries Ltd by 134.88%. The purchase prices were between $27.82 and $32.95, with an estimated average price of $30.94. The stock is now traded at around $17.08. The impact to the portfolio due to this purchase was 3.03%. The holdings were 505,000 shares as of 2017-06-30.

Reduced: Nokia Oyj (NOK)

Francis Chou reduced to the holdings in Nokia Oyj by 54.55%. The sale prices were between $5.17 and $6.55, with an estimated average price of $5.99. The stock is now traded at around $6.32. The impact to the portfolio due to this sale was -2.74%. Francis Chou still held 1,250,000 shares as of 2017-06-30.

Reduced: Citigroup Inc (C)

Francis Chou reduced to the holdings in Citigroup Inc by 24.39%. The sale prices were between $57.72 and $66.98, with an estimated average price of $61.27. The stock is now traded at around $68.12. The impact to the portfolio due to this sale was -2.02%. Francis Chou still held 310,000 shares as of 2017-06-30.



Here is the complete portfolio of Francis Chou. Also check out:

1. Francis Chou's Undervalued Stocks
2. Francis Chou's Top Growth Companies, and
3. Francis Chou's High Yield stocks
4. Stocks that Francis Chou keeps buying