Norbert Lou
Punch Card Management
Punch Card Management Portfolio 13F
Norbert Lou Holdings Activity
- Portfolio value:
- $322.42M≈ (+$13M≈)
- Previous value:
- $309.88M≈
- # of changes:
- 3
- New positions:
- 1
- Reported for:
- 30 Sep 2025 (Q3)
- Latest filing date:
- 14 Nov 2025
Punch Card Management has disclosed a total of 3 changes to the portfolio in the (2025 Q3) SEC report(s): increased the number of shares of 1, bought 1 totally new and completely sold out 1 position(s).
In the 2025 Q3 report(s) the following change has been made to the top investments: (CROX) Crocs Inc (added shares +19.04%).
3 results
| History | Ticker | Name |
% or activity |
Shares change |
Shares held after* |
% change to portfolio |
Reported price* |
% difference current price* |
% of portfolio |
Held since* | Held for* |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
Fiserv, Inc
|
new
|
+37,000
|
37,000
|
+1.48%
|
$128.93
|
-60.27%($51.23)
|
1.48%
|
2025 Q3
|
≈ 0.25 years
|
|
|
|
Crocs Inc
|
+19.04%
|
+101,142
|
632,250
|
+2.62%
|
$83.55
|
+62.44%($135.72)
|
16.38%
|
2025 Q2
|
≈ 0.50 years
|
|
|
|
Smith & Wesson Brands Inc
|
-100%
|
-189,933
|
0
|
-0.53%
|
$8.68
|
+69.47%($14.71)
|
0.00%
|
2022 Q2
|
≈ 3.25 years
|
|
* 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.