Punch Card Management L.P. Long-Term Concentrated

CIK: 0001631664 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value ($000): $309,881 (100.0% shares, 0.0% debt)

Holdings (6)

BRK/A BERKSHIRE HATHAWAY INC DEL 34.1%

Value ($000) $105,676 Shares 145 Est. Cost $216493.73 Unrealized +251.9%

SGOV ISHARES TR 18.4%

Value ($000) $56,991 Shares 566,000 Est. Cost $100.71 Unrealized —

CROX CROCS INC 17.4%

Value ($000) $53,791 Shares 531,108 Est. Cost $101.95 Unrealized 0.0%

PYPL PAYPAL HLDGS INC 15.6%

Value ($000) $48,341 Shares 650,447 Est. Cost $68.32 Unrealized 0.0%

PDD PDD HOLDINGS INC 14.0%

Value ($000) $43,434 Shares 415,004 Est. Cost $108.09 Unrealized —

SWBI SMITH & WESSON BRANDS INC 0.5%

Value ($000) $1,649 Shares 189,933 Est. Cost $14.01 Unrealized -32.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	BERKSHIRE HATHAWAY INC DEL	145	$105,676	34.1%	$216493.73	+251.9%	CL A	084670108
SGOV	ISHARES TR	566,000	$56,991	18.4%	$100.71	—	0-3 MNTH TREASRY	46436E718
CROX	CROCS INC	531,108	$53,791	17.4%	$101.95	0.0%	COM	227046109
PYPL	PAYPAL HLDGS INC	650,447	$48,341	15.6%	$68.32	0.0%	COM	70450Y103
PDD	PDD HOLDINGS INC	415,004	$43,434	14.0%	$108.09	—	SPONSORED ADS	722304102
SWBI	SMITH & WESSON BRANDS INC	189,933	$1,649	0.5%	$14.01	-32.4%	COM	831754106