Norbert Lou Holdings Activity

Punch Card Management Portfolio 13F

Punch Card Management has disclosed a total of 1 change to the portfolio in the latest (2026 Q1) SEC report(s): decreased the number of shares of 1 position(s).

What stocks is Norbert Lou buying now?

In the recent quarter Norbert Lou has not purchased any securities.

What does Norbert Lou invest in?

Norbert Lou's holdings are (BRK.A) BERKSHIRE HATHAWAY INC CL-A (38.47%), (CROX) CROCS INC (18.24%), (SGOV) ISHARES 0-3 MONTH TREASURY B (17.11%), (PDD) PINDUODUO INC-ADR (15.67%) and (PYPL) PAYPAL HOLDINGS INC (10.51%).

In the latest report(s) the following change has been made to the investments: (SGOV) ISHARES 0-3 MONTH TREASURY B (reduced shares -18.73%).

History
Ticker
Stock
%
Activity
Share
Change
% change to
Portfolio
Reported
Price*
% difference
Current Price
% of
Portfolio
2026 Q1 (1 result)
SGOV
ISHARES 0-3 MONTH TREASURY B
-18.73%
-106,000
-3.94%
$100.66
0.21% $100.45
17.11%
2025 Q4 (3 results)
PYPL
PAYPAL HOLDINGS INC
-3.31%
-21,540
-0.42%
$58.38
29.27% $41.29
12.20%
CROX
CROCS INC
-5.96%
-37,680
-1.07%
$85.52
39.56% $119.35
16.90%
FISV
FISERV INC
-100.00%
-37,000
-1.59%
$128.93
57.78% $54.43
0.00%
2025 Q3 (3 results)
FISV
FISERV INC
buy
+37,000
+1.48%
$128.93
57.78% $54.43
0.00%
CROX
CROCS INC
+19.04%
+101,142
+2.62%
$83.55
42.85% $119.35
16.38%
SWBI
SMITH & WESSON BRANDS INC
-100.00%
-189,933
-0.51%
$8.68
70.74% $14.82
0.00%
2025 Q2 (5 results)
PYPL
PAYPAL HOLDINGS INC
buy
+650,447
+15.60%
$74.32
44.44% $41.29
15.60%
CROX
CROCS INC
buy
+531,108
+17.36%
$101.28
17.84% $119.35
17.36%
PDD
PINDUODUO INC-ADR
+35.29%
+108,253
+3.66%
$104.66
-
14.02%
SGOV
ISHARES 0-3 MONTH TREASURY B
-2.60%
-15,100
-0.49%
$100.69
0.24% $100.45
18.39%
SWBI
SMITH & WESSON BRANDS INC
-70.73%
-459,023
-1.29%
$8.68
70.74% $14.82
0.00%
2025 Q1 (2 results)
PDD
PINDUODUO INC-ADR
+135.96%
+176,751
+9.66%
$118.35
-
16.76%
BRK.A
BERKSHIRE HATHAWAY INC CL-A
-58.45%
-204
-75.19%
$798,441.60
-
53.44%
2024 Q4 (3 results)
PDD
PINDUODUO INC-ADR
buy
+130,000
+4.00%
$96.99
-
4.00%
SWBI
SMITH & WESSON BRANDS INC
-22.75%
-191,082
-0.61%
$10.11
46.66% $14.82
2.08%
WGO
WINNEBAGO INDUSTRIES
-100.00%
-411,480
-7.59%
$58.11
52.33% $27.70
0.00%
2024 Q3 (1 result)
WGO
WINNEBAGO INDUSTRIES
-58.71%
-585,093
-10.16%
$58.11
52.33% $27.70
0.00%
2024 Q2 (2 results)
SGOV
ISHARES 0-3 MONTH TREASURY B
+2,215.14%
+556,000
+16.55%
$100.71
0.26% $100.45
17.30%
ALLY
ALLY FINANCIAL INC
-100.00%
-2,160,534
-25.93%
$40.59
5.37% $42.77
0.00%
2024 Q1 (1 result)
ALLY
ALLY FINANCIAL INC
-28.22%
-849,202
-8.62%
$40.59
5.37% $42.77
0.00%
2023 Q4 (1 result)
ALLY
ALLY FINANCIAL INC
-8.74%
-288,181
-2.64%
$34.92
22.48% $42.77
27.58%
2023 Q3 (1 result)
SGOV
ISHARES 0-3 MONTH TREASURY B
buy
+25,100
+0.73%
$100.67
0.22% $100.45
0.73%
2023 Q2 (1 result)
ALLY
ALLY FINANCIAL INC
-5.49%
-191,521
-1.49%
$27.01
58.35% $42.77
25.66%
2022 Q3 (2 results)
SWBI
SMITH & WESSON BRANDS INC
+60.31%
+316,038
+1.09%
$10.37
42.92% $14.82
2.90%
WGO
WINNEBAGO INDUSTRIES
-13.89%
-160,701
-2.84%
$53.21
47.94% $27.70
17.63%
2022 Q2 (3 results)
SWBI
SMITH & WESSON BRANDS INC
buy
+524,000
+2.13%
$13.13
12.87% $14.82
2.13%
ALLY
ALLY FINANCIAL INC
+6.05%
+199,138
+2.07%
$33.51
27.63% $42.77
36.23%
WGO
WINNEBAGO INDUSTRIES
+0.16%
+1,900
+0.03%
$48.56
42.96% $27.70
17.41%
2022 Q1 (1 result)
WGO
WINNEBAGO INDUSTRIES
+12.94%
+132,421
+1.83%
$54.03
48.73% $27.70
16.00%
2020 Q2 (4 results)
ALLY
ALLY FINANCIAL INC
+84.48%
+1,506,747
+13.18%
$19.83
115.68% $42.77
28.78%
BRK.A
BERKSHIRE HATHAWAY INC CL-A
-4.90%
-18
-2.12%
$267,300.86
-
41.15%
WGO
WINNEBAGO INDUSTRIES
-57.12%
-1,362,787
-40.05%
$66.62
58.42% $27.70
30.06%
NVR
NVR INC
-100.00%
-2,531
-2.87%
$2,568.95
140.66% $6,182.55
0.00%
2020 Q1 (5 results)
ALLY
ALLY FINANCIAL INC
buy
+1,783,553
+12.97%
$14.43
196.39% $42.77
12.97%
NVR
NVR INC
buy
+2,531
+3.28%
$2,568.95
140.66% $6,182.55
0.00%
WGO
WINNEBAGO INDUSTRIES
+71.44%
+994,190
+13.93%
$27.81
0.39% $27.70
33.44%
BRK.A
BERKSHIRE HATHAWAY INC CL-A
-1.61%
-6
-0.82%
$272,000.00
-
50.31%
BIDU
BAIDU INC - SPON ADR
-100.00%
-316,295
-20.15%
$126.40
-
0.00%
2019 Q2 (3 results)
WGO
WINNEBAGO INDUSTRIES
+30.27%
+323,357
+5.96%
$38.65
28.33% $27.70
25.65%
BIDU
BAIDU INC - SPON ADR
+18.78%
+50,000
+2.80%
$117.36
-
17.71%
PCG
P G & E CORP
-100.00%
-1,257,938
-10.68%
$17.80
3.88% $17.11
0.00%
2019 Q1 (3 results)
PCG
P G & E CORP
buy
+1,257,938
+10.57%
$17.80
3.88% $17.11
0.00%
WGO
WINNEBAGO INDUSTRIES
buy
+1,068,193
+15.70%
$31.15
11.07% $27.70
15.70%
WFC
WELLS FARGO & CO
-100.00%
-96,746
-2.10%
$46.08
77.82% $81.94
0.00%
2018 Q4 (3 results)
WFC
WELLS FARGO & CO
+254,494.74%
+96,708
+2.77%
$46.08
77.82% $81.94
0.00%
BIDU
BAIDU INC - SPON ADR
+60.83%
+100,718
+9.93%
$158.60
-
26.26%
WFC.WS
WELLS FARGO & CO-CW18
-100.00%
-277,905
-3.33%
$19.27
-
0.00%
2018 Q3 (1 result)
CVNA
CARVANA CO
-100.00%
-75,112
-1.92%
$41.60
59.86% $66.51
0.00%
49 of 68

Shares, change to shares, sold shares - split-adjusted.

Reported price - this doesn't represent the actual buy or sell price.
It is the split-adjusted price of the security as of the last day of the reported period.

Value or Price - If the security is completely sold out, we show the reported value (or price) prior to the actual period.