Punch Card Management L.P. — 13F Holdings & Portfolio
CIK 1631664 · latest 13F-HR filed 2026-08-14
Punch Card Management L.P. manages $256.0M in 13F-reported U.S. long-equity assets across 5 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are BRK.A (42.42%), CROX (27.20%), PDD (12.37%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions, exited 0, added to 1, and trimmed 2.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
SUITE C
WINTER PARK, FL 32789
$256.0M
Long-equity book
5
Distinct positions
2026-06-30
Filed 2026-08-14
+0 / −0 / ↑1 / ↓2
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK.A | 084670108 | $108.6M | 42.42% | 145 | SH |
| 2 | CROCS INC | CROX | 227046109 | $69.6M | 27.20% | 577,170 | SH |
| 3 | PDD HOLDINGS INC | PDD | 722304102 | $31.7M | 12.37% | 415,004 | SH |
| 4 | PAYPAL HLDGS INC | PYPL | 70450Y103 | $27.2M | 10.61% | 628,907 | SH |
| 5 | ISHARES TR | SGOV | 46436E718 | $18.9M | 7.39% | 188,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $256.0M | 5 | 0001398344-26-014658 |
| 2026-03-31 | 2026-05-15 | $270.6M | 5 | 0001398344-26-009301 |
| 2025-12-31 | 2026-02-17 | $300.9M | 5 | 0001398344-26-003291 |
| 2025-09-30 | 2025-11-14 | $322.4M | 6 | 0001398344-25-020995 |