$3.37 Billion is the total value of Giverny Capital's 117 reported holdings in Q3 2021. The portfolio turnover from Q2 2021 to Q3 2021 was 9.3% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BRKB | Buy | BERKSHIRE HATHAWAY INC DELcl b new | $408,070,000 | +99.6% | 1,495,088 | +103.2% | 12.10% | -2.7% |
| KMX | Buy | CARMAX INC | $296,760,000 | +106.8% | 2,319,158 | +108.8% | 8.80% | +0.9% |
| GOOG | Buy | ALPHABET INCcap stk cl c | $211,844,000 | +119.2% | 79,482 | +106.1% | 6.28% | +6.9% |
| AME | Buy | AMETEK INC | $190,046,000 | +92.2% | 1,532,498 | +106.9% | 5.64% | -6.3% |
| MKL | Buy | MARKEL CORP | $177,386,000 | +109.6% | 148,424 | +108.1% | 5.26% | +2.2% |
| FB | Buy | FACEBOOK INCcl a | $168,444,000 | +106.8% | 496,316 | +111.8% | 5.00% | +0.8% |
| SCHW | Buy | SCHWAB CHARLES CORP | $163,032,000 | +109.7% | 2,238,222 | +109.6% | 4.84% | +2.2% |
| V | Buy | VISA INC | $147,488,000 | +89.4% | 662,126 | +98.8% | 4.37% | -7.6% |
| NVR | Buy | NVR INC | $147,428,000 | +96.4% | 30,752 | +103.7% | 4.37% | -4.2% |
| PGR | Buy | PROGRESSIVE CORP | $144,786,000 | +91.3% | 1,601,792 | +107.9% | 4.29% | -6.7% |
| KEYS | Buy | KEYSIGHT TECHNOLOGIES INC | $141,414,000 | +115.7% | 860,760 | +102.8% | 4.19% | +5.2% |
| HEIA | Buy | HEICO CORP NEWcl a | $141,162,000 | +96.5% | 1,191,952 | +106.0% | 4.19% | -4.2% |
| JPM | Buy | JPMORGAN CHASE & CO | $124,984,000 | +121.1% | 763,540 | +110.1% | 3.71% | +7.8% |
| FIVE | Buy | FIVE BELOW INC | $117,918,000 | +93.4% | 666,916 | +111.4% | 3.50% | -5.7% |
| BAC | Buy | BK OF AMERICA CORP | $114,538,000 | +106.4% | 2,698,184 | +100.5% | 3.40% | +0.7% |
| FBHS | Buy | FORTUNE BRANDS HOME & SEC IN | $99,938,000 | +83.6% | 1,117,624 | +104.5% | 2.96% | -10.5% |
| EW | Buy | EDWARDS LIFESCIENCES CORP | $91,054,000 | +116.8% | 804,300 | +98.3% | 2.70% | +5.7% |
| ICE | Buy | INTERCONTINENTAL EXCHANGE IN | $72,522,000 | +104.6% | 631,616 | +111.6% | 2.15% | -0.2% |
| DIS | Buy | DISNEY WALT CO | $67,770,000 | +91.1% | 400,600 | +98.6% | 2.01% | -6.8% |
| SNBR | Buy | SLEEP NUMBER CORP | $64,892,000 | +70.0% | 694,182 | +100.0% | 1.92% | -17.1% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $50,418,000 | +126.3% | 18,858 | +106.7% | 1.50% | +10.3% |
| ATHM | Buy | AUTOHOME INCsp ads rp cl a | $34,606,000 | +56.5% | 737,402 | +113.3% | 1.03% | -23.7% |
| ISRG | Buy | INTUITIVE SURGICAL INC | $21,435,000 | +17186.3% | 64,684 | +47814.1% | 0.64% | +7850.0% |
| CACC | Buy | CREDIT ACCEP CORP MICH | $19,884,000 | +350.2% | 33,972 | +249.3% | 0.59% | +119.3% |
| HCSG | Buy | HEALTHCARE SVCS GROUP INC | $18,500,000 | +58.2% | 740,332 | +99.9% | 0.55% | -22.8% |
| SSNC | Buy | SS&C TECHNOLOGIES HLDGS INC | $17,054,000 | +188.5% | 245,740 | +199.6% | 0.51% | +40.6% |
| ANET | Buy | ARISTA NETWORKS INC | $16,596,000 | +185.6% | 48,296 | +201.2% | 0.49% | +39.4% |
| OZK | Buy | BANK OZK | $15,350,000 | +103.3% | 357,144 | +99.4% | 0.46% | -0.9% |
| LBRDA | New | LIBERTY BROADBAND CORP | $11,938,000 | – | 70,910 | +100.0% | 0.35% | – |
| FRC | Buy | FIRST REP BK SAN FRANCISCO C | $10,394,000 | +205.8% | 53,888 | +196.8% | 0.31% | +48.8% |
| MA | Buy | MASTERCARD INCORPORATEDcl a | $9,178,000 | +174.7% | 26,398 | +188.5% | 0.27% | +34.0% |
| BRKA | Buy | BERKSHIRE HATHAWAY INC DELcl a | $6,582,000 | +96.5% | 16 | +100.0% | 0.20% | -4.4% |
| AMZN | Buy | AMAZON COM INC | $4,618,000 | +188.1% | 1,406 | +201.7% | 0.14% | +41.2% |
| SPY | Buy | SPDR S&P 500 ETF TRtr unit | $4,164,000 | +100.5% | 9,704 | +100.0% | 0.12% | -2.4% |
| IIVI | New | II-VI INC | $3,824,000 | – | 64,414 | +100.0% | 0.11% | – |
| LULU | Buy | LULULEMON ATHLETICA INC | $3,736,000 | +121.9% | 9,230 | +100.0% | 0.11% | +8.8% |
| AAPL | Buy | APPLE INC | $3,236,000 | +99.9% | 22,876 | +93.5% | 0.10% | -2.0% |
| UNH | New | UNITEDHEALTH GROUP INC | $2,986,000 | – | 7,640 | +100.0% | 0.09% | – |
| W | New | WAYFAIR INCcl a | $2,780,000 | – | 10,878 | +100.0% | 0.08% | – |
| TSM | Buy | TAIWAN SEMICONDUCTOR MFG LTDsponsored ads | $2,780,000 | +180.8% | 24,896 | +202.1% | 0.08% | +36.7% |
| ODFL | Buy | OLD DOMINION FREIGHT LINE IN | $2,326,000 | +125.4% | 8,134 | +100.0% | 0.07% | +9.5% |
| MSFT | Buy | MICROSOFT CORP | $2,018,000 | +108.3% | 7,156 | +100.0% | 0.06% | +1.7% |
| BAM | Buy | BROOKFIELD ASSET MGMT INCcl a ltd vt sh | $1,818,000 | +69.3% | 33,978 | +100.0% | 0.05% | -16.9% |
| LFUS | Buy | LITTELFUSE INC | $1,514,000 | +113.2% | 5,540 | +98.7% | 0.04% | +4.7% |
| BABA | New | ALIBABA GROUP HLDG LTDsponsored ads | $1,474,000 | – | 9,952 | +100.0% | 0.04% | – |
| MTB | Buy | M & T BK CORP | $1,398,000 | +105.6% | 9,366 | +100.0% | 0.04% | 0.0% |
| SBUX | Buy | STARBUCKS CORP | $1,396,000 | +97.5% | 12,654 | +100.0% | 0.04% | -4.7% |
| ROP | Buy | ROPER TECHNOLOGIES INC | $1,302,000 | +107.3% | 2,920 | +118.7% | 0.04% | +2.6% |
| TJX | Buy | TJX COS INC NEW | $1,258,000 | +125.9% | 19,078 | +130.9% | 0.04% | +8.8% |
| NVO | Buy | NOVO-NORDISK A Sadr | $1,190,000 | +129.3% | 12,400 | +100.0% | 0.04% | +9.4% |
| FAST | Buy | FASTENAL CO | $1,002,000 | +115.0% | 19,408 | +116.8% | 0.03% | +7.1% |
| SLV | Buy | ISHARES SILVER TRishares | $944,000 | +66.5% | 46,000 | +96.6% | 0.03% | -17.6% |
| KNX | Buy | KNIGHT-SWIFT TRANSN HLDGS INcl a | $824,000 | +125.1% | 16,092 | +100.0% | 0.02% | +9.1% |
| IYF | Buy | ISHARES US FINANCIALS ETFu.s. finls etf | $514,000 | +104.0% | 6,220 | +100.0% | 0.02% | 0.0% |
| ITB | Buy | ISHARES US HOME CONSTRUCTus home cons etf | $484,000 | +137.3% | 7,322 | +148.8% | 0.01% | +16.7% |
| GIB | Buy | CGI INCcl a sub vtg | $282,000 | +46.9% | 3,330 | +57.1% | 0.01% | -33.3% |
| RMD | Buy | RESMED INC | $230,000 | +113.0% | 874 | +100.0% | 0.01% | 0.0% |
| LLY | Buy | LILLY ELI & CO | $200,000 | +102.0% | 864 | +100.0% | 0.01% | 0.0% |
| RBA | Buy | RITCHIE BROS AUCTIONEERS | $132,000 | +67.1% | 2,140 | +100.0% | 0.00% | -20.0% |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
Signatures
The EDGAR filing(s) were signed by:
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.