Norbert Lou | Punch Card Management L.p.

Norbert Lou is the managing partner of Punch Card Management L.p.. The 13F filing for 2015 Q3 included $166.82M in managed 13F securities and a top 10 holdings concentration of 99.96%. Punch Card Management L.p.'s largest holding is Berkshire Hathaway Inc Del with shares held of 373. 10kreader has 31 13F filings available for Punch Card Management L.p..

2015 Q2

2015 Q4

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Company	Ticker	Market Value	% Portfolio	Shares	Change	Chg. Shares	Quarter End Price	Current Price	Yearly High	Yearly Low	Market Cap	% Owned
Berkshire Hathaway Inc Del		72.83M	43.65%	373		0	$195,241.29
Baidu, Inc.	BIDU	48.34M	28.97%	351.76K	New	351.76K	$137.41	$127.31	$182.6	$101.62	44.70B	0.10%
Wells Fargo & Co New		26.40M	15.83%	1.46M		0	$18.09
T. Rowe Price Group, Inc.	TROW	16.18M	9.70%	232.80K	New	232.80K	$69.50	$112.08	$223.36	$104.72	25.30B	0.10%
Care Com Inc		1.66M	0.99%	322.18K	245.69%	228.98K	$5.14
Ctc Media Inc		1.36M	0.81%	776.58K	-70.91%	-1.89M	$1.75

Holdings Breakdown

Disclaimer: Investor holdings are derived from 13F filings which are required to be filed by all institutional investment managers with at least $100 million in assets under management. Limitations to this data include but are not limited to: (1) SEC does not review 13Fs for accuracy or completeness, (2) cash, foreign stocks, short positions, and a variety of other assets are not required to be reported, (3) 13Fs are often filed 45 days after the end of the quarter, by which time a manager's positions and outlook could have changed significantly, (4) the market value does not tell us at what price the manager acquired the asset, and (5) data is only available starting mid 2013. Please do your own research before drawing any conclusions from this data.