Punch Card Management L.P. — CROCS INC CROX: Quarterly 13F Position History
Punch Card Management L.P. has reported CROCS INC (CROX) on 4 13F-HR filings in Pactolio's tracked window, first appearing in Q2 2025. As of Q1 2026, the position is sized at 594,570 shares ($49.4M market value, 18.24% of the equity book).
- 594,570Shares Held (Latest Filing)
- $49.4MReported Market Value (Latest Filing)
- 18.24%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- -$1.5MQuarter-over-Quarter Value Change
- 632,250Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 4 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 594,570 | 0 | — | $49.4M | 18.24% | $83.02 |
| Q4 2025 | 594,570 | 37,680 | -6.0% | $50.8M | 16.90% | $85.52 |
| Q3 2025 | 632,250 | +101,142 | +19.0% | $52.8M | 16.38% | $83.55 |
| Q2 2025 | 531,108 | — | — | $53.8M | 17.36% | $101.28 |
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, not 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 4 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?
Punch Card Management L.P. held the same 594,570 shares of CROX between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
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.