Punch Card Management L.P.: ISHARES 0-3 MONTH TREASURY BON (SGOV): Quarterly 13F Position History
As of Q2 2026, Punch Card Management L.P. reported 188,000 shares of ISHARES 0-3 MONTH TREASURY BON (SGOV), worth $18.9M and representing 7.4% of its 13F equity book. Quarter-over-quarter share count change: 272,000 (-59.1%) . The position first appeared in Q3 2023 and has been disclosed across 12 13F-HR filings in Pactolio's tracked window.
- 188,000Shares Held (Latest Filing)
- $18.9MReported Market Value (Latest Filing)
- 7.4%Portfolio Weight (% of 13F Equity Book)
- 272,000Quarter-over-Quarter Share Change
- -$27.4MQuarter-over-Quarter Value Change
- 581,100Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 12 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 188,000 | 272,000 | -59.1% | $18.9M | 7.4% | $100.7 |
| Q1 2026 | 460,000 | 106,000 | -18.7% | $46.3M | 17.1% | $100.7 |
| Q4 2025 | 566,000 | 0 | – | $56.8M | 18.9% | $100.4 |
| Q3 2025 | 566,000 | 0 | – | $57.0M | 17.7% | $100.7 |
| Q2 2025 | 566,000 | 15,100 | -2.6% | $57.0M | 18.4% | $100.7 |
| Q1 2025 | 581,100 | 0 | – | $58.5M | 27.0% | $100.7 |
| Q4 2024 | 581,100 | 0 | – | $58.3M | 18.5% | $100.3 |
| Q3 2024 | 581,100 | 0 | – | $58.5M | 17.5% | $100.7 |
| Q2 2024 | 581,100 | +556,000 | +2215.1% | $58.5M | 17.3% | $100.7 |
| Q1 2024 | 25,100 | 0 | – | $2.5M | 0.6% | $100.7 |
| Q4 2023 | 25,100 | 0 | – | $2.5M | 0.7% | $100.3 |
| Q3 2023 | 25,100 | – | – | $2.5M | 0.7% | $100.7 |
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 SGOV position in 13F-HR filings?
Punch Card Management L.P. first reported ISHARES 0-3 MONTH TREASURY BON (SGOV) on its 13F-HR filing for the period ending 2023-09-30 (Q3 2023). The position has appeared on 12 reported quarters within Pactolio's tracked window.
What was Punch Card Management L.P.'s most recent quarter-over-quarter share-count change in SGOV?
Between Q1 2026 and Q2 2026, Punch Card Management L.P. reduced its SGOV position by 272,000 shares (-59.1%), leaving 188,000 shares at a market value of $18.9M.
Does the implied price-per-share represent Punch Card Management L.P.'s cost basis in SGOV?
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.