N
Norbert Lou
Punch Card Management L.P. · Holdings as of Mar 31, 2024, filed by May 16, 2024 · US long stock positions only
A punch card with a few holes used. Years between trades.
Reported value
$400M
5 positions shown
Copycat since 2016
2.59x
10% per year
vs SPY
behind
SPY 3.57x same window
Top position
BRK.A
55% 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 · Mar 2024
Symbol Value % of book vs prior quarter
BRK.A $221M
55%
new
ALLY $88M
22%
new
WGO $74M
18%
new
SWBI $15M
4%
new
SGOV $3M
1%
new
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.