Punch Card Management L.P.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Punch Card Management L.P. reported 5 stock positions worth $270.6 million. Its top holding was Berkshire Hathaway Class A (BRK.A) at 38.5% of the portfolio, followed by Crocs (CROX, 18.2%) and iShares 0-3 Month Treasury B (SGOV, 17.1%). Compared with Q4 2025, it reduced 1. The biggest sale was iShares 0-3 Month Treasury B (SGOV, shares −19%).
- Most Recent 13F
- Q2 2026
- Location
- WINTER PARK, FL
- CIK
- 0001631664
- Portfolio Value
- $270.6M (Q1 2026)
- SEC Filing
- 0001398344-26-009301 ↗ filed May 15, 2026
Holdings Value
Holdings 5 stocks · $270.6M
Portfolio Sells Q4 2025 → Q1 2026
| SGOV iShares 0-3 Month Treasury B | Reduce -18.7% | 17.11% | −1.77 |
Portfolio Buys Q4 2025 → Q1 2026
| None this quarter. | |||
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 5 | $256.0M | BRK.A, CROX, PDD, PYPL, SGOV |
| Q1 2026 | 5 | $270.6M | BRK.A, CROX, SGOV, PDD, PYPL |
| Q4 2025 | 5 | $300.9M | BRK.A, SGOV, CROX, PDD, PYPL |
| Q3 2025 | 6 | $322.4M | BRK.A, SGOV, PDD, CROX, PYPL |
| Q2 2025 | 6 | $309.9M | BRK.A, SGOV, CROX, PYPL, PDD |
| Q1 2025 | 4 | $216.6M | BRK.A, SGOV, PDD, SWBI |
| Q4 2024 | 4 | $315.1M | BRK.A, SGOV, PDD, SWBI |
| Q3 2024 | 4 | $334.6M | BRK.A, SGOV, WGO, SWBI |
| Q2 2024 | 4 | $338.3M | BRK.A, SGOV, WGO, SWBI |
| Q1 2024 | 5 | $400.0M | BRK.A, ALLY, WGO, SWBI, SGOV |