Punch Card Management L.P. — PAYPAL HLDGS INC PYPL: Quarterly 13F Position History
Punch Card Management L.P. has reported PAYPAL HLDGS INC (PYPL) on 4 13F-HR filings in Pactolio's tracked window, first appearing in Q2 2025. As of Q1 2026, the position is sized at 628,907 shares ($28.4M market value, 10.51% of the equity book).
- 628,907Shares Held (Latest Filing)
- $28.4MReported Market Value (Latest Filing)
- 10.51%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- -$8.3MQuarter-over-Quarter Value Change
- 650,447Peak 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 | 628,907 | 0 | — | $28.4M | 10.51% | $45.23 |
| Q4 2025 | 628,907 | 21,540 | -3.3% | $36.7M | 12.20% | $58.38 |
| Q3 2025 | 650,447 | 0 | — | $43.6M | 13.53% | $67.06 |
| Q2 2025 | 650,447 | — | — | $48.3M | 15.60% | $74.32 |
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 PYPL position in 13F-HR filings?
Punch Card Management L.P. first reported PAYPAL HLDGS INC (PYPL) 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 PYPL?
Punch Card Management L.P. held the same 628,907 shares of PYPL 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 PYPL?
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.