Punch Card Management L.P.
Net seller this quarter
$256M
4
-$2.1M
92.6%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 BRK.A | $109M | 42.42% | Not reported | Not reported | Q4 2014 |
 CROX | $69.6M | 27.20% | 1.20% | -2.9% | Q2 2025 |
 PDD | $31.7M | 12.37% | 0.01% | Not reported | Q4 2024 |
 PYPL | $27.2M | 10.61% | 0.07% | Not reported | Q2 2025 |
| Q1 2026 | |||||
| BRK.A | $104M | 38.47% | Not reported | Not reported | Q4 2014 |
| CROX | $49.4M | 18.24% | 1.18% | Not reported | Q2 2025 |
| PDD | $42.4M | 15.67% | 0.01% | Not reported | Q4 2024 |
| PYPL | $28.4M | 10.51% | 0.07% | Not reported | Q2 2025 |
| Q4 2025 | |||||
| BRK.A | $109M | 36.38% | Not reported | Not reported | Q4 2014 |
| CROX | $50.8M | 16.90% | 1.18% | -6.0% | Q2 2025 |
| PDD | $47.1M | 15.64% | 0.01% | Not reported | Q4 2024 |
| PYPL | $36.7M | 12.20% | 0.07% | -3.3% | Q2 2025 |
| Q3 2025 | |||||
| BRK.A | $109M | 33.92% | Not reported | Not reported | Q4 2014 |
| PDD | $54.9M | 17.01% | 0.01% | Not reported | Q4 2024 |
| CROX | $52.8M | 16.38% | 1.21% | +19.0% | Q2 2025 |
| PYPL | $43.6M | 13.53% | 0.07% | Not reported | Q2 2025 |
 FISV | $4.77M | 1.48% | 0.01% | New | Q3 2025 |