What did Norbert Lou buy in Q1 2025?

Norbert Lou opened 0 new positions and added to 1 existing holding in the Q1 2025 13F.

What did Norbert Lou sell in Q1 2025?

Norbert Lou exited 0 positions and trimmed 1.

What Norbert Lou bought and sold in Q1 2025

In Q1 2025, Norbert Lou (Punch Card Management) added to 1, trimmed 1. The book stood at $217M across 4 positions, filed May 15, 2025.

0New1Added1Trimmed0Exited

Share𝕏 in

Added to (1)

PDDPdd Holdings Inc+136% shares · 16.8% · $36M

Trimmed (1)

BRK/ABerkshire Hathaway Inc-cl A-58% shares · 53.4% · $116M

Norbert Lou's other filings

Q4 2025 changes Q3 2025 changes Q2 2025 changes Q4 2024 changes

Norbert Lou's full portfolio →The whole cohort in Q1 2025 →

Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.