Punch Card Management L.P. — Q1 2025 13F-HR

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Q1 2025 · 13F-HR

Punch Card Management L.P.holdings as filed

Filed 2025-05-15 · accession 0001398344-25-009646

$216.6M

Reported value

Positions

2025-03-31

Period end

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Holdings as filed

CUSIP	Ticker	Issuer	Value	% port.	Shares	Class	Voting
084670108	BRK/A	BERKSHIRE HATHAWAY INC DEL	$115.8M	53.4%	145	Common	SOLE
46436E718	SGOV	ISHARES TR	$58.5M	27.0%	581,100	Common	SOLE
722304102	PDD	PDD HOLDINGS INC	$36.3M	16.8%	306,751	Common	SOLE
831754106	SWBI	SMITH & WESSON BRANDS INC	$6.0M	2.79%	648,956	Common	SOLE

Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.