Institutional
Punch Card Management L.P.
CIK 0001631664
$270.6M
Reported AUM
5
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Punch Card Management L.P. · Q1 2026
AI · grounded in 13F
Punch Card Management L.P. trimmed its position in SGOV by 18.73%. The fund added no new positions during the period. Total assets under management stood at $270.6M across five holdings.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | BRK/A | BERKSHIRE HATHAWAY INC DEL | — | — | — | — | $104.1M | 38.47% | — | HELD |
| 2 | CROX | CROCS INC | $119.35 | -1.79% | 17.63% | -12.12% | $49.4M | 18.24% | — | HELD |
| 3 | SGOV | ISHARES TR | $100.45 | 0.03% | 4.31% | 19.02% | $46.3M | 17.11% | −106,000 | −18.7% |
| 4 | PDD | PDD HOLDINGS INC | $85.07 | -0.94% | -15.44% | -7.14% | $42.4M | 15.67% | — | HELD |
| 5 | PYPL | PAYPAL HLDGS INC | $41.29 | -3.42% | -43.28% | -84.88% | $28.4M | 10.51% | — | HELD |
Source: SEC EDGAR · accession 0001398344-26-009301. 13F discloses long positions only — shorts, foreign equities, and options are excluded.