N
Norbert Lou
Punch Card Management L.P. · Holdings as of Jun 30, 2023, filed by Aug 15, 2023 · US long stock positions only
A punch card with a few holes used. Years between trades.
Reported value
$347M
4 positions shown
Copycat since 2016
2.59x
10% per year
vs SPY
behind
SPY 3.57x same window
Top position
BRK.A
52% of book
Copying these filings vs SPY $1 at every deadline since 2016
SPY 3.57x
Norbert Lou 2.59x
Price returns, dividends excluded on both lines. A copycat of public filings traded at each deadline, not the fund's actual performance.
The book tile = share of the filed book · tap a tile for the ticker · Jun 2023
Symbol Value % of book vs prior quarter
BRK.A $181M
52%
unchanged
ALLY $89M
26%
trimmed
WGO $66M
19%
unchanged
SWBI $11M
3%
unchanged
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.