What Norbert Lou Bought in Q4 2025

Punch Card Management · Quarterly 13F recap as filed with the SEC.

Period: 2025-12-31 · Filed · Historical

$300.9M

Total Value

5

Holdings

0

New Buys

2

Reduced

In Q4 2025, Norbert Lou reported 5 long equity positions worth $300.9M in their Punch Card Management 13F filing.

RankTickerCompanySharesValue% PortfolioChange
1BRK.ABerkshire Hathaway Inc. Class A145$109.4M36.38%—
2SGOVISHARES TR566000$56.8M18.88%—
3CROXCROCS INC594570$50.8M16.90%-6.0%
4PDDPDD HOLDINGS INC415004$47.1M15.64%—
5PYPLPAYPAL HLDGS INC628907$36.7M12.20%-3.3%