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Norbert Lou
ValuePunch Card Management
Ultra-concentrated investor inspired by Buffett's punch card philosophy.
Portfolio Value
$300.9M
Holdings
5
Top 10 Concentration
100.0%
Latest Period
Q4 2025
Portfolio Holdings
As reported on February 17, 2026 · vs Q3 2025
| # | Security | Value | Shares | % Portfolio | Change |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL CUSIP: 084670108 | $109.4M | 145 | 36.4% | 0.0% |
| 2 | ISHARES TR CUSIP: 46436E718 | $56.8M | 566,000 | 18.9% | 0.0% |
| 3 | CROCS INC CUSIP: 227046109 | $50.8M | 594,570 | 16.9% | -6.0% |
| 4 | PDD HOLDINGS INC CUSIP: 722304102 | $47.1M | 415,004 | 15.6% | 0.0% |
| 5 | PAYPAL HLDGS INC CUSIP: 70450Y103 | $36.7M | 628,907 | 12.2% | -3.3% |