Latest Punch Card Management L.P. Stock Portfolio
Punch Card Management L.P. Performance:
2025 Q4: -3.85%YTD: 0.89%2024: 11.04%
Performance for 2025 Q4 is -3.85%, and YTD is 0.89%, and 2024 is 11.04%.
About Punch Card Management L.P. and 13F Hedge Fund Stock Holdings
Punch Card Management L.P. is a hedge fund based in Winter Park, FL. On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, Punch Card Management L.P. reported an equity portfolio of $300.9 Millions as of 31 Dec, 2025.
The top stock holdings of Punch Card Management L.P. are , DMXF, CROX. The fund has invested 36.4% of it's portfolio in BERKSHIRE HATHAWAY INC DEL and 18.9% of portfolio in ISHARES TR.
The fund managers got completely rid off FISERV INC stocks. They significantly reduced their stock positions in CROCS INC (CROX) and PAYPAL HLDGS INC (PYPL).
The top stock holdings of Punch Card Management L.P. are , DMXF, CROX. The fund has invested 36.4% of it's portfolio in BERKSHIRE HATHAWAY INC DEL and 18.9% of portfolio in ISHARES TR.
The fund managers got completely rid off FISERV INC stocks. They significantly reduced their stock positions in CROCS INC (CROX) and PAYPAL HLDGS INC (PYPL).
Punch Card Management L.P. Annual Return Estimates Vs S&P 500
Our best estimate is that Punch Card Management L.P. made a return of -3.85% in the last quarter. In trailing 12 months, it's portfolio return was 0.89%.
- Performance
- S&P 500
New Buys
Additions
Reductions
| Ticker | % Reduced |
|---|---|
| crocs inc | -5.96 |
| paypal hldgs inc | -3.31 |
Punch Card Management L.P. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| fiserv inc | -4,770,410 |
Punch Card Management L.P. got rid off the above stocks
Sector Distribution
Punch Card Management L.P. has about 70.9% of it's holdings in Others sector.
- Others
- Consumer Cyclical
- Financial Services
| Sector | % |
|---|---|
| Others | 70.9 |
| Consumer Cyclical | 16.9 |
| Financial Services | 12.2 |
Market Cap. Distribution
Punch Card Management L.P. has about 12.2% of it's portfolio invested in the large-cap and mega-cap stocks.
- UNALLOCATED
- MID-CAP
- LARGE-CAP
| Category | % |
|---|---|
| UNALLOCATED | 70.9 |
| MID-CAP | 16.9 |
| LARGE-CAP | 12.2 |
Stocks belong to which Index?
About 12.2% of the stocks held by Punch Card Management L.P. either belong to S&P 500 or RUSSELL 2000 index.
- Others
- S&P 500
| Index | % |
|---|---|
| Others | 87.8 |
| S&P 500 | 12.2 |
Punch Card Management L.P. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Punch Card Management L.P.
Punch Card Management L.P. has 5 stocks in it's portfolio. PDD proved to be the most loss making stock for the portfolio. CROX was the most profitable stock for Punch Card Management L.P. last quarter.
Last Reported on: 17 Feb, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| CROX | crocs inc | 16.90 | 594,570 | 50,847,600 | reduced | -5.96 | ||
| DMXF | ishares tr | 18.88 | 566,000 | 56,815,100 | unchanged | 0.00 | ||
| PDD | pdd holdings inc | 15.64 | 415,004 | 47,057,300 | unchanged | 0.00 | ||
| PYPL | paypal hldgs inc | 12.20 | 628,907 | 36,715,600 | reduced | -3.31 | ||
| berkshire hathaway inc del | 36.38 | 145 | 109,446,000 | unchanged | 0.00 | |||
| fiserv inc | 0.00 | 0.00 | 0.00 | sold off | -100 | |||