Punch Card Management L.P.
Hedge Fund • Value
Punch Card Management L.P. is a Value-focused Hedge Fund based in Winter Park, FL led by Francis Pei-Chi Chow, reporting $531.0M in AUM as of Q3 2025 with 47% Financial Services concentration, with only 6 positions, and 34% allocation to BRK.A.
COOFrancis Pei-Chi Chow
- Portfolio Value
- $322.4M
- Positions
- 6
- Top Holding
- BRK.A at 33.92%
- Last Reported
- Q3 2025
Top Holdings
Largest long holdings in Punch Card Management L.P.'s portfolio (100% of total portfolio)
GthenH
| Holding | Sector | Position | Weight | Traded | Ownership |
|---|---|---|---|---|---|
Insurance - Diversified Financial Services | $109.4M | 33.92% | — | 0.01% 145.0 shares | |
ETF ETF | $57.0M | 17.68% | — | — 566.0K shares | |
Unknown Unknown | $54.9M | 17.01% | — | — 415.0K shares | |
Apparel - Footwear & Accessories Consumer Cyclical | $52.8M | 16.38% | +$8.5M Bought | 1.16% 632.3K shares | |
Financial - Credit Services Financial Services | $43.6M | 13.53% | — | 0.07% 650.4K shares | |
Unknown Unknown | $4.8M | 1.48% | +$4.8M New | — 37.0K shares |
Changes
Portfolio activity, position movements, and quarter-over-quarter changes in Punch Card Management L.P.'s latest filing
GthenC
Market Value
Q/Q Change
Net Flows % of MV
Turnover Ratio
New Purchases
Added To
Sold Out Of
Reduced Holdings
Increased Positions
| Position | Shares Δ |
|---|---|
New | |
+19.04% |
Decreased Positions
| Position | Shares Δ |
|---|---|
Sold |
Analytics
Portfolio insights and performance metrics for Punch Card Management L.P.
GthenA