Chou Associates Management Inc.: SYNCHRONY FINANCIAL (SYF): Quarterly 13F Position History
As of Q1 2026, Chou Associates Management Inc. reported 223,202 shares of SYNCHRONY FINANCIAL (SYF), worth $15.2M and representing 7.2% of its 13F equity book. Quarter-over-quarter share count change: + 7,500 (+3.5%) . The position first appeared in Q4 2022 and has been disclosed across 14 13F-HR filings in Pactolio's tracked window.
- 223,202Shares Held (Latest Filing)
- $15.2MReported Market Value (Latest Filing)
- 7.2%Portfolio Weight (% of 13F Equity Book)
- +7,500Quarter-over-Quarter Share Change
- -$2.8MQuarter-over-Quarter Value Change
- 223,202Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 14 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 223,202 | +7,500 | +3.5% | $15.2M | 7.2% | $68.0 |
| Q4 2025 | 215,702 | 0 | — | $18.0M | 8.9% | $83.4 |
| Q3 2025 | 215,702 | 0 | — | $15.3M | 7.4% | $71.0 |
| Q2 2025 | 215,702 | 0 | — | $14.4M | 7.9% | $66.7 |
| Q1 2025 | 215,702 | 0 | — | $11.4M | 6.2% | $52.9 |
| Q4 2024 | 215,702 | +22,500 | +11.6% | $14.0M | 9.6% | $65.0 |
| Q3 2024 | 193,202 | 0 | — | $9.6M | 6.1% | $49.9 |
| Q2 2024 | 193,202 | +73,202 | +61.0% | $9.1M | 6.6% | $47.2 |
| Q1 2024 | 120,000 | 0 | — | $5.3M | 5.9% | $44.1 |
| Q4 2023 | 120,000 | 0 | — | $4.6M | 6.0% | $38.2 |
| Q3 2023 | 120,000 | 0 | — | $3.7M | 4.9% | $30.6 |
| Q2 2023 | 120,000 | 0 | — | $4.1M | 5.2% | $33.9 |
| Q1 2023 | 120,000 | +62,000 | +106.9% | $3.5M | 4.9% | $29.1 |
| Q4 2022 | 58,000 | — | — | $1.9M | 2.7% | $32.9 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Chou Associates Management Inc. first disclose a SYF position in 13F-HR filings?
Chou Associates Management Inc. first reported SYNCHRONY FINANCIAL (SYF) on its 13F-HR filing for the period ending 2022-12-31 (Q4 2022). The position has appeared on 14 reported quarters within Pactolio's tracked window.
What was Chou Associates Management Inc.'s most recent quarter-over-quarter share-count change in SYF?
Between Q4 2025 and Q1 2026, Chou Associates Management Inc. added 7,500 shares of SYF (+3.5%), bringing the total reported position to 223,202 shares at a market value of $15.2M.
Does the implied price-per-share represent Chou Associates Management Inc.'s cost basis in SYF?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.