Punch Card Management L.P.: CROCS INC (CROX): Quarterly 13F Position History
As of Q2 2026, Punch Card Management L.P. reported 577,170 shares of CROCS INC (CROX), worth $69.6M and representing 27.2% of its 13F equity book. Quarter-over-quarter share count change: 17,400 (-2.9%) . The position first appeared in Q2 2025 and has been disclosed across 5 13F-HR filings in Pactolio's tracked window.
- 577,170Shares Held (Latest Filing)
- $69.6MReported Market Value (Latest Filing)
- 27.2%Portfolio Weight (% of 13F Equity Book)
- 17,400Quarter-over-Quarter Share Change
- +$20.3MQuarter-over-Quarter Value Change
- 632,250Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 5 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 577,170 | 17,400 | -2.9% | $69.6M | 27.2% | $120.6 |
| Q1 2026 | 594,570 | 0 | – | $49.4M | 18.2% | $83.0 |
| Q4 2025 | 594,570 | 37,680 | -6.0% | $50.8M | 16.9% | $85.5 |
| Q3 2025 | 632,250 | +101,142 | +19.0% | $52.8M | 16.4% | $83.5 |
| Q2 2025 | 531,108 | – | – | $53.8M | 17.4% | $101.3 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did Punch Card Management L.P. first disclose a CROX position in 13F-HR filings?
Punch Card Management L.P. first reported CROCS INC (CROX) on its 13F-HR filing for the period ending 2025-06-30 (Q2 2025). The position has appeared on 5 reported quarters within Pactolio's tracked window.
What was Punch Card Management L.P.'s most recent quarter-over-quarter share-count change in CROX?
Between Q1 2026 and Q2 2026, Punch Card Management L.P. reduced its CROX position by 17,400 shares (-2.9%), leaving 577,170 shares at a market value of $69.6M.
Does the implied price-per-share represent Punch Card Management L.P.'s cost basis in CROX?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.