What did Francis Chou buy in Q2 2026?

Francis Chou opened 1 new position (VTS) and added to 0 existing holdings in the Q2 2026 13F.

What did Francis Chou sell in Q2 2026?

Francis Chou exited 1 position (BHR 4.5 06/01/26) and trimmed 0.

What Francis Chou bought and sold in Q2 2026

In Q2 2026, Francis Chou (Chou Associates) opened 1 new position — including VTS (<0.1%), exited 1 (BHR 4.5 06/01/26). The book stood at $217M across 31 positions, filed Aug 12, 2026.

1New0Added0Trimmed1Exited

Share𝕏 in

New positions (1)

VTSVitesse Energy Inc<0.1% · $20K

Exited (1)

BHR 4.5 06/01/26Braemar Hotels & Resortswas 1.2% of book

Francis Chou's other filings

Q1 2026 changes Q4 2025 changes Q3 2025 changes Q2 2025 changes Q1 2025 changes

Francis Chou's full portfolio →The whole cohort in Q2 2026 →

Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.