DFX Intelligence

Data Factory

RIA / WealthRegistered adviserasset managerSEC registeredRAUM 100m 1b

PUNCH CARD MANAGEMENT

PUNCH CARD MANAGEMENT LP, CRD 162939

WINTER PARK, FL

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:5baeb3d3-dbc6-eb7c-838d-fa00b31ea043

Data as of Mar 26, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 3:46 AM UTC and rebuilt at most every 15 minutes.

Relationships: 8
Dated events: 4
On other graphs: 0
Observed: Mar 31, 2014 to Mar 26, 2026
19 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true bd_reps=0.0
Regulatory AUM: $505MItem 5.F on the latest filing (2026-03-26); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $505M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 4
Advisory employees: 4
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 1
Individual clients: 0
High net worth clients: 0
Private funds: 1Schedule D 7.B(1)
SEC number: 801-79532
CIK: 1631664
CRD: 162939
Filings on the tape: 19
First filed: Mar 31, 2014
Latest filed: Mar 26, 2026
Organised: Limited Partnership, DE
Website: punchcardcapital.com

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
PUNCH CARD CAPITAL, LP	Hedge Fund	$588M	Mar 29, 2024	38	Mar 27, 2012	reported	021-269670

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
CHOW, FRANCIS, PEI-CHI	CHIEF OPERATING OFFICER AND CHIEF COMPLIANCE OFFICER	Na	yes	01/2015	Feb 13, 2015	Mar 29, 2024
GOLDSTEIN, ROBERT, LAURENCE	Member	C	yes	10/2003	Mar 31, 2014	Mar 29, 2024
GREENBLATT, JOEL, MICHAEL	MANAGING MEMBER	C	yes	10/2003	Mar 31, 2014	Mar 29, 2024
LOU, NORBERT, HSIN-YEU	LIMITED PARTNER	E	yes	04/2004	Mar 31, 2014	Mar 29, 2024
LOU, NORBERT, HSIN-YEU	MANAGING MEMBER	E	yes	04/2004	Mar 31, 2014	Mar 29, 2024
PUNCH CARD GP LLC	GENERAL PARTNER	Na	yes	04/2004	Feb 13, 2015	Mar 29, 2024
GOTHAM ADVISERS LLC	LIMITED PARTNER	B	no	04/2004	Mar 31, 2014	Mar 29, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
PUNCH CARD CAPITAL LLC	n/a	n/a	n/a	N	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 26, 2026	$505M	$505M	4	4	0	1	n/a
2024	Mar 31, 2025	$531M	$531M	4	4	0	1	n/a
2023	Mar 29, 2024	$588M	$588M	4	4	0	1	$588M
2022	Mar 30, 2023	$532M	$532M	4	4	0	1	$532M
2021	Mar 25, 2022	$711M	$711M	4	4	0	1	$711M
2020	Mar 29, 2021	$582M	$582M	4	4	0	1	$582M
2019	Mar 28, 2020	$465M	$465M	4	4	0	1	$465M
2018	Mar 20, 2019	$360M	$360M	5	5	0	1	$360M
2017	Mar 12, 2018	$377M	$377M	4	4	0	1	$377M
2016	Mar 29, 2017	$315M	$315M	4	4	n/a	1	$315M
2015	Mar 29, 2016	$270M	$270M	3	3	n/a	1	$270M
2014	Feb 13, 2015	$246M	$246M	3	2	n/a	1	$246M

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$505M	$531M	-4.8%	$532M	-1.7%	4	4	0	0

Relationships

Advises (1)

→ PUNCH CARD CAPITAL, LPPrivate fundHedge Fund, IA
Mar 27, 2012 to presentfactForm ADV

Controls (5)

← GREENBLATT, JOEL, MICHAELOwnerMANAGING MEMBER, ownership code C, individual
Mar 31, 2014 to Mar 29, 2024factForm ADV
← GOLDSTEIN, ROBERT, LAURENCEOwnerMEMBER, ownership code C, individual
Mar 31, 2014 to Mar 29, 2024factForm ADV
← LOU, NORBERT, HSIN-YEUOwnerMANAGING MEMBER, ownership code E, individual
Mar 31, 2014 to Mar 29, 2024factForm ADV
← CHOW, FRANCIS, PEI-CHIOwnerCHIEF OPERATING OFFICER AND CHIEF COMPLIANCE OFFICER, ownership code NA, individual
Feb 13, 2015 to Mar 29, 2024factForm ADV
← PUNCH CARD GP LLCOwnerGENERAL PARTNER, ownership code NA, domestic entity
Feb 13, 2015 to Mar 29, 2024factForm ADV

Owns (1)

← GOTHAM ADVISERS LLCOwnerLIMITED PARTNER, ownership code B, domestic entity
Mar 31, 2014 to Mar 29, 2024factForm ADV

Dated events

Occurred
Mar 30, 2023
Regulatory AUM changed
Punch Card Management reported RAUM $531.5M, down 25% from $710.5M (2022-12-13 to 2023-03-30)
Form ADVobserved 6 days ago
$-179M
Occurred
Mar 29, 2021
Regulatory AUM changed
Punch Card Management reported RAUM $581.7M, up 25% from $464.5M (2020-03-28 to 2021-03-29)
Form ADVobserved 6 days ago
$117M
Occurred
Mar 28, 2020
Regulatory AUM changed
Punch Card Management reported RAUM $464.5M, up 29% from $360.2M (2019-03-20 to 2020-03-28)
Form ADVobserved 6 days ago
$104M
Occurred
Mar 31, 2014
First Form ADV filing
Punch Card Management filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:5baeb3d3-dbc6-eb7c-838d-fa00b31ea043
First observed: Mar 31, 2014
Last observed: Mar 26, 2026 5 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

PUNCH CARD MANAGEMENT

PUNCH CARD MANAGEMENT LP, CRD 162939

WINTER PARK, FL

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:5baeb3d3-dbc6-eb7c-838d-fa00b31ea043

Data as of Mar 26, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 3:46 AM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

PUNCH CARD CAPITAL, LP

Hedge Fund

$588M

Mar 29, 2024

Mar 27, 2012

reported

021-269670

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

CHOW, FRANCIS, PEI-CHI

CHIEF OPERATING OFFICER AND CHIEF COMPLIANCE OFFICER

yes

01/2015

Feb 13, 2015

Mar 29, 2024

GOLDSTEIN, ROBERT, LAURENCE

Member

yes

10/2003

Mar 31, 2014

Mar 29, 2024

GREENBLATT, JOEL, MICHAEL

MANAGING MEMBER

yes

10/2003

Mar 31, 2014

Mar 29, 2024

LOU, NORBERT, HSIN-YEU

LIMITED PARTNER

yes

04/2004

Mar 31, 2014

Mar 29, 2024

LOU, NORBERT, HSIN-YEU

MANAGING MEMBER

yes

04/2004

Mar 31, 2014

Mar 29, 2024

PUNCH CARD GP LLC

GENERAL PARTNER

yes

04/2004

Feb 13, 2015

Mar 29, 2024

GOTHAM ADVISERS LLC

LIMITED PARTNER

04/2004

Mar 31, 2014

Mar 29, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

PUNCH CARD CAPITAL LLC

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 26, 2026

$505M

n/a

2024

Mar 31, 2025

$531M

n/a

2023

Mar 29, 2024

$588M

2022

Mar 30, 2023

$532M

2021

Mar 25, 2022

$711M

2020

Mar 29, 2021

$582M

2019

Mar 28, 2020

$465M

2018

Mar 20, 2019

$360M

2017

Mar 12, 2018

$377M

2016

Mar 29, 2017

$315M

n/a

$315M

2015

Mar 29, 2016

$270M

n/a

$270M

2014

Feb 13, 2015

$246M

n/a

$246M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$505M

$531M

-4.8%

$532M

-1.7%