Filed: 2/17/2026ACC: 0001398344-26-003291
📋 What this filing means
PUNCH CARD MANAGEMENT L.P. filed this quarterly 13F‑HR report disclosing 5 equity positions with a total reported market value of $300.88M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
5
Positions
$300.88M
Total AUM (reported)
2.20M
Total Shares
Allocation by class
CL A$109.45M36.4%
COM$87.56M29.1%
0-3 MNTH TREASRY$56.82M18.9%
SPONSORED ADS$47.06M15.6%
Portfolio Concentration
Top 3$217.11M72.2%
4–10$83.77M27.8%
Top 3 weight
72.2%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 2.20M
Sole
Full voting authority
2.20M
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)
Sole5
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings5
Rows:
BERKSHIRE HATHAWAY INC DEL
SOLEShares145.00
TypeSH
Market value$109.45M
36.38%
Sole
145.00
Shared
0.00
None
0.00
ISHARES TR
SOLEShares566K
TypeSH
Market value$56.82M
18.88%
Sole
566K
Shared
0.00
None
0.00
CROCS INC
SOLEShares594.57K
TypeSH
Market value$50.85M
16.90%
Sole
594.57K
Shared
0.00
None
0.00
PDD HOLDINGS INC
SOLEShares415K
TypeSH
Market value$47.06M
15.64%
Sole
415K
Shared
0.00
None
0.00
PAYPAL HLDGS INC
SOLEShares628.91K
TypeSH
Market value$36.72M
12.20%
Sole
628.91K
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 | $109.45M 36.38% | 145.00 | 0.00 | 0.00 |
ISHARES TRSOLE | 0-3 MNTH TREASRY | 566K | SH | $56.82M 18.88% | 566K | 0.00 | 0.00 |
CROCS INCSOLE | COM | 594.57K | SH | $50.85M 16.90% | 594.57K | 0.00 | 0.00 |
PDD HOLDINGS INCSOLE | SPONSORED ADS | 415K | SH | $47.06M 15.64% | 415K | 0.00 | 0.00 |
PAYPAL HLDGS INCSOLE | COM | 628.91K | SH | $36.72M 12.20% | 628.91K | 0.00 | 0.00 |