Hedge fund
Norbert Lou
Punch Card Management
Holdings as of Q1 2026
Quarter
Q1-2026
Market value
$270.6M
Positions
5
Concentration
5 positions
Highly concentrated
BRK-A38%
CROX18%
SGOV17%
PDD16%
PYPL11%
Top 374%
| Holding | Weightshares held per quarter · hover for change | Q/Q change | Value | |
|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAYBRK-A | 38.47% | 145 shares · $718140.00 $104.1M | |
| 2 | CROCSCROX | 18.24% | 594.6K shares · $83.02 $49.4M | |
| 3 | ISHARES TRSGOV | 17.11% | ↘Reduced 18.73% | 460.0K shares · $100.66 $46.3M |
| 4 | PDDPDD | 15.67% | 415.0K shares · $102.18 $42.4M | |
| 5 | PAYPAL HLDGSPYPL | 10.51% | 628.9K shares · $45.23 $28.4M | |
| 5 positions | 100.00% | $270.6M |