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PUNCH CARD MANAGEMENT L.P.

AUM: $588.35 M

13-F Portfolio Value: $270.65 M

Last 13-F Filed: Q1 2026

Concentration in top 10: 100%

Stock	Company	% Portfolio	Shares Held	Market Value	% Change	Quarter End Price	Source
BRKA	BERKSHIRE HATHAWAY INC DEL	38.47%	145	$104,130,300	No Change	$718140	13F
CROX	CROCS INC	18.24%	594,570	$49,361,201	No Change	$83.02	13F
PDD	PDD HOLDINGS INC	15.67%	415,004	$42,405,109	No Change	$102.18	13F
PYPL	PAYPAL HLDGS INC	10.51%	628,907	$28,445,464	No Change	$45.23	13F