Punch Card Management L.P. — 13F holdings

Punch Card Management L.P. reported 5 holdings worth $256M in its 13F filing for Q2 2026, filed August 14, 2026.

Largest positions

1. BRK.A BERKSHIRE HATHAWAY INC DEL — $109M (42.4%)
2. CROX CROCS INC — $69.6M (27.2%)
3. PDD PDD HOLDINGS INC — $31.7M (12.4%)
4. PYPL PAYPAL HLDGS INC — $27.2M (10.6%)
5. SGOV ISHARES TR — $18.9M (7.4%)