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Norbert Lou

Punch Card Management

Punch Card Management Portfolio 13F

Norbert Lou Holdings Activity

Portfolio value:
$155.58M≈ (-$21M≈)
Previous value:
$176.79M≈
# of changes:
2
New positions:
1
Reported for:
31 Mar 2018 (Q1)
Latest filing date:
15 May 2018
Punch Card Management has disclosed a total of 2 changes to the portfolio in the (2018 Q1) SEC report(s): bought 1 totally new and decreased the number of shares of 1 position(s).

What stocks did Norbert Lou buy in 2018 Q1?

During 2018 Q1 Norbert Lou has bought (CVNA) Carvana Co (new buy).

What did Norbert Lou invest in during 2018 Q1?

Norbert Lou's holdings were (BRK-A) Berkshire Hathaway Inc (71.71%), (BIDU) Baidu Inc (23.75%), (WFCWS) WELLS FARGO & CO-CW18 (3.43%) and (CVNA) Carvana Co (1.11%).
In the 2018 Q1 report(s) the following changes have been made to the investments: (WFCWS) WELLS FARGO & CO-CW18 (reduced shares -71.70%) and (CVNA) Carvana Co (new buy).
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
* Current price: this can be a delayed price and may not reflect the real-time market value, however it is too close.
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* Held since / Held for: calculated since the latest "new buy" position. If the security was previously exited and re-entered, only the most recent holding period is counted.