Norbert Lou - Punch Card Management
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    5
Portfolio value:    $270,645,674
Holdings Activity Buys Sells    History
History Stock % of
Portfolio
Recent
Activity
Shares Reported
Price*
Value Current
Price
+/-
Reported
Price
52
Week
Low
52
Week
High
BRK.A - Berkshire Hathaway CL A 38.47 145 $718,140.00 $104,130,300
CROX - Crocs Inc. 18.24 594,570 $83.02 $49,361,201 $119.35 43.76% $73.21 $121.26
SGOV - Ishares 0 3 Month Treasury B 17.11 Reduce 18.73% 460,000 $100.66 $46,303,600 $100.45 -0.21% $100.27 $100.74
PDD - Pinduoduo Inc. 15.67 415,004 $102.18 $42,405,109 $85.07 -16.74% $81.56 $139.41
PYPL - PayPal Holdings Inc. 10.51 628,907 $45.23 $28,445,464 $41.29 -8.71% $38.46 $79.50
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
Sector % analysis
Unknown 55.58
Consumer Cyclical 33.91
Financial Services 10.51