13F filing recap · Q1 2020

What did Punch Card Management buy in Q1 2020?

Reported stock-position changes between this filing and the previous one.

Stock value

$198.41M

Positions

Estimated turnover

46.3%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

ALLYAlly Financial Inc.$25.74Mreported value+1.78M shares NVRNvr, Inc.$6.50Mreported value+2.5K shares

Increased positions

WGOWinnebago Industries, Inc.$66.35Mreported value+994.2K shares+71.4%

Reduced positions

BRK.ABerkshire Hathaway Inc$99.82Mreported value-6 shares-1.6%

Exited positions

BIDUBaidu, Inc.$39.98Mprior reported value-316.3K shares-100.0%