Norbert Lou - Punch Card Management Portfolio Stock Holdings

According to the SEC 13F filed on August 14, 2026, Punch Card Management disclosed 4 stock positions valued at approximately $255.95M as of quarter-end June 30, 2026. The largest holdings include BERKSHIRE HATHAWAY INC DEL, CROCS INC, and PDD HOLDINGS INC.

Report Period
June 30, 2026
No. of Stocks
4
Portfolio Value
$255.95M
Holdings by Sector
Punch Card Management Portfolio Holdings in Q2 2026
CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
BERKSHIRE HATHAWAY INC DELBRK-AFinancial Services42.42%145--$108,583,250
CROCS INCCROXConsumer Cyclical27.20%577,170-17,400-2.93%$69,629,789
PDD HOLDINGS INCPDDConsumer Cyclical12.37%415,004--$31,656,505
ISHARES TRSGOVOther7.39%188,000-272,000-59.13%$18,925,960
Showing 4 of 4 holdings in the latest reporting period.