Punch Card Management L.P.

trimmed SGOV in Q1 2026.

$270.6M in this filing5 positionstop 10 = 100%

5 stock and fund positions worth $270.6M

Holdings are from Mar 31, 2026, not today. Filed May 15, 2026.

#	Stock
1	BRK.ABerkshire Hathaway Inc Del	38.47%	$104.1M	145	-
2	CROXCrocs Inc	18.24%	$49.4M	595K	-
3	SGOViShares TR	17.11%	$46.3M	460K	-106K

2 more on a paid plan

Free shows three. Paid plans unlock the full portfolio, every quarter, and what changed.

What is missing

This filing does not include cash, short positions, private investments, bonds, or many overseas holdings.