Punch Card Management
Long Only- Manager
- Norbert Lou
- Quarter
- Q2 2026
- Filed
- 2026-08-14
- 13F value
- $256.0M
- Positions
- 5
- CIK
- 0001631664
| # | # Shares | Source | ||||||
|---|---|---|---|---|---|---|---|---|
| 1 | Berkshire Hathaway Inc DelBRK-AHISTORY | 42.42% | — | $108.6M | 145 | — | 0.02% | 13F |
| 2 | Crocs IncCROXHISTORY | 27.20% | (2.9%) | $69.6M | 577,170 | (17,400) | 1.20% | 13F |
| 3 | PDD Holdings IncPDDHISTORY | 12.37% | — | $31.7M | 415,004 | — | 0.01% | 13F |
| 4 | PayPal Hldgs IncPYPLHISTORY | 10.61% | — | $27.2M | 628,907 | — | — | 13F |
| 5 | iShares TRSGOVHISTORY | 7.39% | (59.1%) | $18.9M | 188,000 | (272,000) | — | 13F |
Positions are from the latest 13F-HR (period end 2026-06-30). Weights are calculated: position value ÷ the 13F book. Schedule 13D/13G stakes are merged in when present (shares and percent of class, no dollar value). Chg Shares and % Chg compare with the adjacent prior quarter's 13F only. % Out is either calculated (position shares ÷ issuer shares outstanding from the issuer's XBRL cover page; weighted-average basic shares as a fallback) or reported (percent of class on a Schedule 13D/13G newer than the 13F period) — hover a value for its source and date. Unavailable figures show “—”, never an estimate. Methodology