Punch Card Management (Norbert Lou)

Punch Card Management L.P. · CIK 0001631664 · WINTER PARK, FL · Quarter end: 2026-06-30 · Filed on: 2026-08-14 · Open the SEC sourceValue Investor

Punch Card Management (Norbert Lou) (Punch Card Management L.P.) reported 5 positions worth $256.0M as of June 30, 2026 (13F filed August 14, 2026). Largest holding: BRK-A (42.4%). Biggest move: reduce SGOV ($27.4M).

Portfolio Value (AUM)Total value of the fund's US stock portfolio reported to the SEC.
$256.0M
2026 Q2
Positions
5
Top-10 ConcentrationHow much of the portfolio sits in the 10 largest holdings. High = concentrated bets.
100.0%
Est. Net Flow (Q)
2026 Q2
5 positions shown
#SymbolCompanyTypeValue% Port.Time HeldShares1YYTD
1BRK-ABERKSHIRE HATHAWAY INC DELSH$108.6M42.42%>10 Years145
2CROXCROCS INCSH$69.6M27.20%1.3 Years577,170
3PDDPDD HOLDINGS INCSH$31.7M12.37%1.8 Years415,004
4PYPLPAYPAL HLDGS INCSH$27.2M10.61%1.3 Years628,907
5SGOVISHARES TRSH$18.9M7.39%3 Years188,000

Related managers

Five closest superinvestors by Jaccard overlap of tickers held in the latest quarter (computed nightly).

Read the 2026-Q2 quarterly report · 13F Filing Calendar

Frequently Asked Questions

What stocks does Punch Card Management (Norbert Lou) hold as of Q2 2026?

Punch Card Management (Norbert Lou) reported 5 positions worth $256.0M in its Q2 2026 13F filing. Largest positions: BRK-A (42.4%), CROX (27.2%), PDD (12.4%), PYPL (10.6%) and SGOV (7.4%).

What did Punch Card Management (Norbert Lou) buy in Q2 2026?

No previous quarter is available yet; the comparison appears with the next filing.

What did Punch Card Management (Norbert Lou) sell in Q2 2026?

No previous quarter is available yet.

13F data shows quarter-end positions, is delayed by up to 45 days and covers only long positions in US-listed securities; short positions, most derivatives and non-US assets are not reported.