$1 Billion is the total value of Giverny Capital's 39 reported holdings in Q3 2019. The portfolio turnover from Q2 2019 to Q3 2019 was 5.1% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BRKB | Buy | BERKSHIRE HATHAWAY-B-NEWcl b new | $181,179,000 | -1.7% | 870,968 | +0.8% | 18.06% | -3.0% |
| KMX | Buy | CARMAX INC | $107,634,000 | +1.6% | 1,223,108 | +0.2% | 10.73% | +0.3% |
| AME | Buy | AMETEK INC | $73,219,000 | +1.7% | 797,424 | +0.6% | 7.30% | +0.3% |
| NVR | Buy | NVR INC | $53,753,000 | +11.4% | 14,460 | +1.0% | 5.36% | +10.0% |
| V | Sell | VISA INC CLASS-A | $53,243,000 | -1.0% | 309,533 | -0.1% | 5.31% | -2.3% |
| HEIA | Sell | HEICO CORP CLASS Acl a | $47,212,000 | -6.1% | 485,174 | -0.3% | 4.71% | -7.3% |
| MKL | Buy | MARKEL CORP HOLDING | $45,281,000 | +9.7% | 38,312 | +1.1% | 4.51% | +8.2% |
| GOOG | Buy | ALPHABET INC CL-Ccap stk cl c | $43,429,000 | +14.4% | 35,627 | +1.5% | 4.33% | +12.9% |
| JPM | Buy | JP MORGAN CHASE & CO | $39,754,000 | +6.5% | 337,782 | +1.1% | 3.96% | +5.1% |
| SCHW | Buy | SCHWAB CHARLES CORP | $39,160,000 | +5.0% | 936,161 | +0.9% | 3.90% | +3.6% |
| FBHS | Buy | FORTUNE BRNDS HME&SEC | $33,955,000 | -4.0% | 620,746 | +0.3% | 3.38% | -5.3% |
| FB | Buy | FACEBOOK INC CL-Acl a | $31,512,000 | -5.8% | 176,952 | +2.1% | 3.14% | -7.0% |
| KEYS | Buy | KEYSIGHT TECHNOLOGIES INC | $29,182,000 | +14.6% | 300,068 | +5.8% | 2.91% | +13.1% |
| EW | Buy | EDWARDS LIFESCIENCES CORP | $27,980,000 | +19.3% | 127,233 | +0.2% | 2.79% | +17.7% |
| BAC | Buy | BANK OF AMERICA | $27,587,000 | +8.0% | 945,735 | +7.3% | 2.75% | +6.5% |
| UNP | Buy | UNION PACIFIC CORP | $25,919,000 | -3.8% | 160,011 | +0.5% | 2.58% | -5.0% |
| DIS | Buy | DISNEY WALT COMPANY | $25,637,000 | -6.6% | 196,724 | +0.0% | 2.56% | -7.9% |
| MTB | Buy | M & T BANK CORP | $21,810,000 | -5.4% | 138,067 | +1.8% | 2.17% | -6.7% |
| PGR | New | PROGRESSIVE CORP OHIO | $20,722,000 | – | 268,243 | +100.0% | 2.07% | – |
| LFUS | Buy | LITTELFUSE INC | $20,332,000 | +0.7% | 114,671 | +0.5% | 2.03% | -0.6% |
| OZK | Buy | BANK OZK | $19,982,000 | -9.2% | 732,756 | +0.2% | 1.99% | -10.4% |
| ORLY | Buy | O'REILLY AUTOMOTIVE | $11,123,000 | +10.3% | 27,911 | +2.2% | 1.11% | +8.9% |
| HCSG | Buy | HEALTH CARE SERVICES GRP | $7,673,000 | -19.3% | 315,908 | +0.7% | 0.76% | -20.4% |
| GOOGL | Sell | ALPHABET INC CL-Acap stk cl a | $7,053,000 | +11.1% | 5,776 | -1.5% | 0.70% | +9.7% |
| SPY | SPDR S&P 500 ETFtr unit | $1,571,000 | +1.3% | 5,295 | 0.0% | 0.16% | 0.0% | |
| BRKA | BERKSHIRE HATHAWAY-A-NEWcl a | $935,000 | -2.1% | 3 | 0.0% | 0.09% | -3.1% | |
| LULU | LULULEMON ATHLETICA INC | $894,000 | +6.8% | 4,645 | 0.0% | 0.09% | +4.7% | |
| BAM | BROOKFIELD ASSET MGT-A LVcl a ltd vt sh | $687,000 | +11.2% | 12,938 | 0.0% | 0.07% | +9.7% | |
| MHK | Sell | MOHAWK INDS INC | $616,000 | -97.5% | 4,961 | -97.1% | 0.06% | -97.6% |
| MA | MASTERCARD INC CL-Acl a | $554,000 | +2.8% | 2,039 | 0.0% | 0.06% | +1.9% | |
| TJX | Sell | TJX COMPANIES INC | $506,000 | +2.4% | 9,082 | -2.8% | 0.05% | 0.0% |
| AAPL | APPLE INC | $476,000 | +13.1% | 2,127 | 0.0% | 0.05% | +9.3% | |
| ODFL | OLD DOMINION FREIGHT LINE | $461,000 | +13.8% | 2,712 | 0.0% | 0.05% | +12.2% | |
| FIVE | FIVE BELOW INC | $453,000 | +4.9% | 3,596 | 0.0% | 0.04% | +2.3% | |
| ROP | ROPER TECHNOLOGIES INC | $444,000 | -2.6% | 1,245 | 0.0% | 0.04% | -4.3% | |
| FWONK | LIBERTY MEDIA-C LIB FORMcl c | $442,000 | +11.1% | 10,630 | 0.0% | 0.04% | +10.0% | |
| KNX | KNIGHT-SWIFT TRANSPORT-Acl a | $292,000 | +10.6% | 8,046 | 0.0% | 0.03% | +7.4% | |
| FAST | FASTENAL CO | $266,000 | 0.0% | 8,154 | 0.0% | 0.03% | 0.0% | |
| LUV | SOUTHWEST AIRLINES CO | $234,000 | +6.4% | 4,334 | 0.0% | 0.02% | +4.5% | |
| LKQ | Exit | LKQ CORP | $0 | – | -220 | -100.0% | -0.00% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2019-11-14
About Giverny Capital
Giverny Capital is a well-known investment management firm that has been providing its services to clients for over 20 years. The company was founded by Francois Rochon, who is also the Chief Investment Officer of the firm. Rochon has over 30 years of experience in the investment industry and is widely respected for his expertise in the field.
Under Rochon's leadership, Giverny Capital has become known for its long-term investment approach and its focus on high-quality companies with strong competitive advantages. The firm's investment philosophy is based on the belief that investing in companies with sustainable competitive advantages and strong management teams is the key to long-term success.
Giverny Capital's portfolio is heavily concentrated in a few select companies, which the firm believes have the potential for significant long-term growth. Some of the companies in which Giverny Capital has invested include Amazon, Mastercard, and Visa.
In addition to Rochon, Giverny Capital has a team of experienced investment professionals who work together to identify and analyze investment opportunities. The firm's CEO is Jean-Francois Tardif, who has been with the company since its inception.
Overall, Giverny Capital is a respected investment management firm with a long track record of success. While past performance is not a guarantee of future results, the firm's focus on high-quality companies with sustainable competitive advantages is likely to continue to serve its clients well in the years to come.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| CARMAX INC | 35 | Q3 2023 | 10.7% |
| MARKEL CORP HOLDING | 35 | Q3 2023 | 6.9% |
| VISA INC CLASS-A | 35 | Q3 2023 | 6.0% |
| DISNEY WALT COMPANY | 35 | Q3 2023 | 7.8% |
| MASTERCARD INCORPORATED | 35 | Q3 2023 | 0.4% |
| FASTENAL CO | 34 | Q3 2023 | 2.2% |
| FORTUNE BRNDS HME&SEC | 31 | Q3 2023 | 4.0% |
| BROOKFIELD ASSET MGT-A LV | 31 | Q3 2022 | 0.1% |
| M & T BK CORP | 30 | Q3 2023 | 5.0% |
| JPMORGAN CHASE & CO | 30 | Q3 2023 | 4.3% |
View Giverny Capital's complete holdings history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-09 |
| 13F-HR/A | 2024-01-25 |
| 13F-HR | 2023-11-13 |
| 13F-HR | 2023-08-07 |
| 13F-HR/A | 2023-05-17 |
| 13F-HR | 2023-05-12 |
| 13F-HR | 2023-02-10 |
| 13F-HR | 2022-11-14 |
| 13F-HR | 2022-08-12 |
| 13F-HR | 2022-05-12 |
View Giverny Capital's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.