Punch Card Management L.P. 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Punch Card Management L.P. disclosed 4 US equity positions worth $216.6m in its Q1 2025 13F filing. The largest position was BRK/A at 53.4% of the reported book, followed by SGOV and PDD. Against the Q4 2024 filing, it opened 0 new positions, added to 1 and reduced 1 among the top 4 holdings.
What did Punch Card Management L.P. own in Q1 2025? Top 4 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | BRK/A BERKSHIRE HATHAWAY INC DEL | 53.4% | $115.8m | 145 | -58% | reduced | |
| 2 | SGOV ISHARES TR | 27.0% | $58.5m | 581,100 | 0% | held | |
| 3 | PDD PDD HOLDINGS INC | Consumer Cyclical | 16.8% | $36.3m | 306,751 | 136% | added |
| 4 | SWBI SMITH & WESSON BRANDS INC | Industrials | 2.8% | $6.0m | 648,956 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.