Quarter snapshot

Punch Card Management

Ticker	Change	% of portfolio	Shares	Value
BRK.A history		38.47%	145	$104,130,300
CROX history		18.24%	594,570	$49,361,201
SGOV history	−19%	17.11%	460,000	$46,303,600
PDD history		15.67%	415,004	$42,405,109
PYPL history		10.51%	628,907	$28,445,464