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PYPL is 10.61% of Norbert Lou's portfolio as of 2026 Q2.

Holds 628,907 shares worth $27.16M.
Published · Based on SEC filings

Low impact
Outsized position
2026 Q2

PayPal Holdings Inc (PYPL) is 10.61% of Norbert Lou's Punch Card Management portfolio as of June 30, 2026, according to the 13F-HR filed with the SEC on August 14, 2026: 629K shares worth about $27.2M, the 4th largest of 5 stock positions. Norbert Lou left the share count unchanged from the prior quarter.

What did the 2026 Q2 filing report for PYPL?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Value
Portfolio weight 10.61%
Shares 629K
Reported value $27.2M
Rank in portfolio 4th of 5
Largest holding BRK-A at 42.42%
Top three holdings 82% of the book
Change this quarter unchanged

How concentrated is Norbert Lou in PYPL?

PYPL at 10.61% is 0.5 times the average stock position in the Norbert Lou portfolio, which is 20%. The largest holding is BRK-A at 42.42%. The three largest stocks together are 82% of the reported book. A quarter earlier PYPL was 10.51% of the book.

Where does PYPL sit in the Norbert Lou portfolio?

PYPL ranks 4th of 5 stock positions in the Norbert Lou portfolio at 10.61%, below the fund's average stock position of 20%. Across the 2026 Q2 portfolio, Norbert Lou reported 5 stock positions, with no position opened or closed. The total portfolio value is about $256M, down 5% from the prior quarter.

Norbert Lou top holdings, 2026 Q2

How long has Norbert Lou held PYPL?

Norbert Lou first reported PYPL in the quarter ended June 30, 2025. The weight peaked at 15.6% in 2025 Q2. The share count was unchanged the quarter before. Every reported trade is on the Norbert Lou PYPL trade history page.

Norbert Lou shares of PYPL by quarter

Did other funds buy or sell PYPL in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 5 hold PYPL. Of those, one opened it this quarter. The largest buyers of PYPL this quarter were Donald Yacktman and David Einhorn. The largest seller was Lindsell Train. Every tracked holder of PYPL is on the PYPL ownership page.

FAQ

What share of the Norbert Lou portfolio is PYPL?

PYPL is 10.61% of the Norbert Lou portfolio as of 2026 Q2, the 4th largest of 5 stock positions.

What is the PYPL stake of Norbert Lou worth?

Norbert Lou holds 629K shares of PYPL, worth about $27.2M at June 30, 2026 prices, 10.61% of the reported portfolio.

What are the largest holdings of Norbert Lou?

The largest stock positions of Norbert Lou as of 2026 Q2 are BRK-A (42.42%), CROX (27.2%) and PDD (12.37%), together 82% of the book.

Did Norbert Lou's Punch Card Management change its PYPL position in 2026 Q2?

Norbert Lou left the share count unchanged from the prior quarter.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Alan Irwin
Alan Irwin
Valuesider analyst