Filed: 8/14/2025ACC: 0001398344-25-015669
📋 What this filing means
PUNCH CARD MANAGEMENT L.P. filed this quarterly 13F‑HR report disclosing 6 equity positions with a total reported market value of $309.88M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
6
Positions
$309.88M
Total AUM (reported)
2.35M
Total Shares
Allocation by class
CL A$105.68M34.1%
COM$103.78M33.5%
0-3 MNTH TREASRY$56.99M18.4%
SPONSORED ADS$43.43M14.0%
Portfolio Concentration
Top 3$216.46M69.9%
4–10$93.42M30.1%
Top 3 weight
69.9%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 2.35M
Sole
Full voting authority
2.35M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole6
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings6
Rows:
BERKSHIRE HATHAWAY INC DEL
SOLEShares145.00
TypeSH
Market value$105.68M
34.10%
Sole
145.00
Shared
0.00
None
0.00
ISHARES TR
SOLEShares566K
TypeSH
Market value$56.99M
18.39%
Sole
566K
Shared
0.00
None
0.00
CROCS INC
SOLEShares531.11K
TypeSH
Market value$53.79M
17.36%
Sole
531.11K
Shared
0.00
None
0.00
PAYPAL HLDGS INC
SOLEShares650.45K
TypeSH
Market value$48.34M
15.60%
Sole
650.45K
Shared
0.00
None
0.00
PDD HOLDINGS INC
SOLEShares415K
TypeSH
Market value$43.43M
14.02%
Sole
415K
Shared
0.00
None
0.00
SMITH & WESSON BRANDS INC
SOLEShares189.93K
TypeSH
Market value$1.65M
0.53%
Sole
189.93K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BERKSHIRE HATHAWAY INC DELSOLE | CL A | 145.00 | SH | $105.68M 34.10% | 145.00 | 0.00 | 0.00 |
ISHARES TRSOLE | 0-3 MNTH TREASRY | 566K | SH | $56.99M 18.39% | 566K | 0.00 | 0.00 |
CROCS INCSOLE | COM | 531.11K | SH | $53.79M 17.36% | 531.11K | 0.00 | 0.00 |
PAYPAL HLDGS INCSOLE | COM | 650.45K | SH | $48.34M 15.60% | 650.45K | 0.00 | 0.00 |
PDD HOLDINGS INCSOLE | SPONSORED ADS | 415K | SH | $43.43M 14.02% | 415K | 0.00 | 0.00 |
SMITH & WESSON BRANDS INCSOLE | COM | 189.93K | SH | $1.65M 0.53% | 189.93K | 0.00 | 0.00 |