Norbert Lou - Punch Card Management 13F Portfolio Holdings (Q2 2026)
According to the SEC 13F filed on Aug 14, 2026, the Punch Card Management portfolio is valued at approximately $255.95M across 4 publicly traded holdings as of quarter-end Jun 30, 2026. This profile highlights the top investments led by BERKSHIRE HATHAWAY INC DEL (BRK-A), CROCS INC (CROX), PDD HOLDINGS INC (PDD), ISHARES TR (SGOV), and others. Explore insights into portfolio composition, sector allocation, and recent trade activity.
Punch Card Management's stock portfolio spans 4 holdings across 3 sectors, with a total market value of $255.95M. The Financial Services sector represents the largest allocation, while the top holdings account for nearly 100% of the total portfolio value. BERKSHIRE HATHAWAY INC DEL remains the single largest position at 42.4% of all equity investments.
Complete Holdings
Showing 4 of 4 holdings.
| Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | BRK-A | Financial Services | 42.42% | 145 | - | - | $108.58M |
| CROCS INC | CROX | Consumer Cyclical | 27.20% | 577,170 | -17,400 | -2.93% | $69.63M |
| PDD HOLDINGS INC | PDD | Consumer Cyclical | 12.37% | 415,004 | - | - | $31.66M |
| ISHARES TR | SGOV | Other | 7.39% | 188,000 | -272,000 | -59.13% | $18.93M |
Holdings by Sector
| Sector | Allocation | Value |
|---|---|---|
| Financial Services | 47.46% | $108.58M |
| Consumer Cyclical | 44.27% | $101.29M |
| Other | 8.27% | $18.93M |
Portfolio insights
According to the SEC 13F filed on Aug 14, 2026, the Punch Card Management portfolio holds 4 securities valued at $228.80M as of quarter-end Jun 30, 2026. The Financial Services sector represents the largest allocation, while the top positions account for a significant portion of the total portfolio weight.