# EDGAR Filing Document

**Accession Number:** 0001631664
**File Stem:** 0001398344-25-016643
**Filing Date:** 2025-8
**Character Count:** 3801
**Document Hash:** bd2a070f3ecfd7647e99bb38b70ebb36
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-016643.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001398344-25-016643

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**EFFECTIVENESS DATE**: 20250826

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Punch Card Management L.P.
- **CENTRAL INDEX KEY:** 0001631664

**ORGANIZATION NAME:**
- **EIN:** 760758143
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16708
- **FILM NUMBER:** 251255503

**BUSINESS ADDRESS:**
- **STREET 1:** 444 WEST NEW ENGLAND AVE
- **STREET 2:** SUITE 117
- **CITY:** WINTER PARK
- **STATE:** FL
- **ZIP:** 32789
- **BUSINESS PHONE:** 407-367-4347

**MAIL ADDRESS:**
- **STREET 1:** 444 WEST NEW ENGLAND AVE
- **STREET 2:** SUITE 117
- **CITY:** WINTER PARK
- **STATE:** FL
- **ZIP:** 32789

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001631664

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** Punch Card Management L.P.

**Address:** 444 WEST NEW ENGLAND AVE, WINTER PARK, FL 32789

**Telephone number:** 407-367-4347

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-16708

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER             | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                 | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| PayPal Holdings Inc.       | 70450Y103 | 06/05/2025     | Advisory vote to Approve Named Executive Officer Compensation.                                                   | SECTION 14A SAY-ON-PAY VOTES |         242500 |                0 | ABSTAIN     |                                   242500 | NONE                        |  |
| Smith  Wesson Brands, Inc. | 831754106 | 09/17/2024     | To approve on an advisory basis the compensation of our named executive officers for fiscal 2024 ("say-on-pay"). | SECTION 14A SAY-ON-PAY VOTES |         840038 |                0 | ABSTAIN     |                                   840038 | NONE                        |  |

## N-PX: Signature Block

**Reporting Person:** Punch Card Management L.P.

**By (Signature):** Norbert Lou

**By (Printed Signature):** Norbert Lou

**By (Title):** Managing Member of the General Partner

**Date:** 08/26/2025