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← Norbert Lou

Norbert Lou's 2025Q1 portfolio

Norbert Lou (Punch Card Management) held 3 positions as of Mar 31, 2025, with the largest position at 53.4% of the portfolio.

Showing positions still held at the most recent quarter so their historical weights can be reconstructed. Positions that were held in 2025Q1but have since been exited aren't included in this table — for a full point-in-time reconstruction, use the SEC EDGAR filing directly.

Holdings as of Mar 31, 2025 (3)

  1. 1BRK/ABerkshire Hathaway Inc-cl A
    % port
    53.4%
    -22.0pp vs prior Qnow 38.5%
  2. 2SGOVIshares 0-3 Month Treasury B
    % port
    27.0%
    +8.5pp vs prior Qnow 17.1%
  3. 3PDDPdd Holdings Inc
    % port
    16.8%
    +12.8pp vs prior Qnow 15.7%

13F-HR filings disclose long US-equity positions only. 13Fs don't cover shorts, bonds, derivatives, or non-US listings, so the picture here is the public part of the portfolio — not the whole.

Not investment advice.