Superinvestors / Punch Card Management

Norbert Lou

Punch Card Management

Very concentrated long-term value

$270.65M 13F value
5 positions · as of 2026-03-31 · filed 2026-05-15

This quarter

0 new0 exited0 added1 trimmed

Positions held steady are not reported as moves, so they are absent from these counts.

Largest positions

By weight · every resolvable issuer links to its company page · tags are this quarter's reported move

TickerIssuer% of portfolioValue
BRK/ABERKSHIRE HATHAWAY INC DELUNCHANGED38.47%$104.13M
CROXCROCS INCUNCHANGED18.24%$49.36M
ISHARES 0-3 MONTH TREASURY BOND ETFDECREASED -18.7%17.11%$46.30M
PDDPDD Holdings IncUNCHANGED15.67%$42.41M
PYPLPayPal Holdings IncUNCHANGED10.51%$28.45M

Showing 5 of 5

Values are as disclosed on this manager’s own 13F for its own quarter. 13F covers US-listed long equity only, so this is not the manager’s entire portfolio.

See all 5 positions

Norbert Lou's full reported portfolio with every weight, and the complete list of what they bought, sold and trimmed last quarter — free with an account, no card required.

Sign in free