What Norbert Lou Bought in Q2 2025
Punch Card Management · Quarterly 13F recap as filed with the SEC.
Period: 2025-06-30 · Filed · Historical
$309.9M
Total Value
6
Holdings
2
New Buys
2
Reduced
In Q2 2025, Norbert Lou reported 6 long equity positions worth $309.9M in their Punch Card Management 13F filing, including 2 new positions (largest: CROCS INC at $53.8M) and 1 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | BRK.A | Berkshire Hathaway Inc. Class A | 145 | $105.7M | 34.10% | — |
| 2 | SGOV | ISHARES TR | 566000 | $57.0M | 18.39% | -2.6% |
| 3 | CROX | CROCS INC | 531108 | $53.8M | 17.36% | NEW |
| 4 | PYPL | PAYPAL HLDGS INC | 650447 | $48.3M | 15.60% | NEW |
| 5 | PDD | PDD HOLDINGS INC | 415004 | $43.4M | 14.02% | +35.3% |
| 6 | SWBI | SMITH & WESSON BRANDS INC | 189933 | $1.6M | 0.53% | -70.7% |