Punch Card Management L.P.: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1631664) · Explore on the interactive board
Punch Card Management L.P. disclosed 5 US equity positions worth $256.0m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is BRK/A at 42.4% of the reported book, followed by CROX, PDD. The top ten holdings are 100.0% of the book, and the portfolio behaves like about 4 equal-weight positions. Versus the prior filing it opened 0 new positions, added to 0, reduced 2 and exited 0. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Punch Card Management L.P. own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 0 new, 0 added, 2 reduced, 0 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | BRK/A BERKSHIRE HATHAWAY INC DEL | 42.4% | $108.6m | 145 | 0% | held | |
| 2 | CROX CROCS INC | Consumer Cyclical | 27.2% | $69.6m | 577,170 | -3% | reduced |
| 3 | PDD PDD HOLDINGS INC | Consumer Cyclical | 12.4% | $31.7m | 415,004 | 0% | held |
| 4 | PYPL PAYPAL HLDGS INC | Financial Services | 10.6% | $27.2m | 628,907 | 0% | held |
| 5 | SGOV ISHARES TR | 7.4% | $18.9m | 188,000 | -59% | reduced |
Sector mix
| Sector | Weight |
|---|---|
| Consumer Cyclical | 39.6% |
| Financial Services | 10.6% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Punch Card Management L.P.'s portfolio?
Across every quarter Punch Card Management L.P. has filed, its median largest position is 40.4% of the book and its median top-ten weight is 100.0%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%).