$1.62 Billion is the total value of Giverny Capital's 66 reported holdings in Q4 2022. The portfolio turnover from Q3 2022 to Q4 2022 was 11.1% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $142,527,696 | +15.3% | 461,404 | -0.3% | 8.81% | +5.3% |
| AME | Buy | AMETEK INC | $119,222,797 | +24.1% | 853,298 | +0.8% | 7.37% | +13.3% |
| FIVE | Buy | FIVE BELOW INC | $109,367,741 | +28.9% | 618,351 | +0.3% | 6.76% | +17.6% |
| MKL | Sell | MARKEL CORP | $107,190,986 | +20.3% | 81,360 | -1.0% | 6.63% | +9.8% |
| SCHW | Buy | SCHWAB CHARLES CORP | $103,480,024 | +17.2% | 1,242,854 | +1.2% | 6.40% | +7.0% |
| KMX | Buy | CARMAX INC | $87,395,843 | +7.8% | 1,435,307 | +16.9% | 5.40% | -1.6% |
| HEIA | Buy | HEICO CORP NEWcl a | $80,407,365 | +5.5% | 670,900 | +0.9% | 4.97% | -3.7% |
| KEYS | Sell | KEYSIGHT TECHNOLOGIES INC | $79,203,015 | +8.2% | 462,986 | -0.5% | 4.90% | -1.3% |
| GOOG | Sell | ALPHABET INCcap stk cl c | $78,701,558 | -8.3% | 886,978 | -0.7% | 4.86% | -16.4% |
| V | Sell | VISA INC | $74,458,483 | +16.4% | 358,387 | -0.5% | 4.60% | +6.2% |
| PGR | Buy | PROGRESSIVE CORP | $59,838,466 | +14.2% | 461,325 | +2.3% | 3.70% | +4.2% |
| NVR | Sell | NVR INC | $57,606,512 | +13.8% | 12,489 | -1.6% | 3.56% | +3.9% |
| FBHS | Buy | FORTUNE BRANDS HOME & SEC IN | $51,227,499 | +50.2% | 896,997 | +41.2% | 3.17% | +37.0% |
| MTB | Buy | M & T BK CORP | $44,443,918 | -16.6% | 306,383 | +1.3% | 2.75% | -23.9% |
| IBP | Sell | INSTALLED BLDG PRODS INC | $35,380,192 | +5.5% | 413,320 | -0.2% | 2.19% | -3.7% |
| LULU | Buy | LULULEMON ATHLETICA INC | $35,192,141 | +110.0% | 109,845 | +83.2% | 2.18% | +91.6% |
| CIEN | Sell | CIENA CORP | $34,699,894 | +25.8% | 680,657 | -0.2% | 2.14% | +14.8% |
| FB | Buy | META PLATFORMS INCcl a | $32,586,387 | -10.5% | 270,786 | +0.9% | 2.01% | -18.4% |
| EW | Sell | EDWARDS LIFESCIENCES CORP | $31,796,768 | -10.6% | 426,173 | -0.9% | 1.97% | -18.4% |
| BAC | Buy | BK OF AMERICA CORP | $30,987,403 | +10.2% | 935,610 | +0.5% | 1.92% | +0.6% |
| FRC | Buy | FIRST REP BK SAN FRANCISCO C | $28,874,888 | +0.8% | 236,893 | +8.0% | 1.78% | -8.0% |
| SSNC | Sell | SS&C TECHNOLOGIES HLDGS INC | $21,220,333 | -37.7% | 407,613 | -42.8% | 1.31% | -43.1% |
| DIS | Buy | DISNEY WALT CO | $19,635,749 | -7.6% | 226,010 | +0.3% | 1.21% | -15.6% |
| FND | Buy | FLOOR & DECOR HLDGS INCcl a | $18,544,836 | +12.0% | 266,334 | +13.0% | 1.15% | +2.2% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $18,376,544 | -3.9% | 208,280 | +4.2% | 1.14% | -12.3% |
| LFUS | Sell | LITTELFUSE INC | $15,285,183 | +10.0% | 69,415 | -0.7% | 0.94% | +0.4% |
| ANET | Buy | ARISTA NETWORKS INC | $12,284,867 | +15.8% | 101,235 | +7.7% | 0.76% | +5.6% |
| ATHM | Sell | AUTOHOME INCsp ads rp cl a | $10,283,773 | +4.6% | 336,071 | -1.7% | 0.64% | -4.5% |
| SNBR | Sell | SLEEP NUMBER CORP | $9,879,233 | -24.4% | 380,263 | -1.6% | 0.61% | -31.0% |
| CACC | Buy | CREDIT ACCEP CORP MICH | $8,766,912 | +21.1% | 18,480 | +11.8% | 0.54% | +10.6% |
| OZK | Sell | BANK OZK | $8,386,801 | +0.5% | 209,356 | -0.8% | 0.52% | -8.3% |
| New | MASTERBRAND INC | $6,796,072 | – | 900,142 | +100.0% | 0.42% | – | |
| MA | Buy | MASTERCARD INCORPORATEDcl a | $6,048,416 | +37.2% | 17,394 | +12.2% | 0.37% | +25.1% |
| ADI | Buy | ANALOG DEVICES INC | $4,591,200 | +26.1% | 27,990 | +7.1% | 0.28% | +15.0% |
| BRKA | Buy | BERKSHIRE HATHAWAY INC DELcl a | $4,218,399 | +29.7% | 9 | +12.5% | 0.26% | +18.6% |
| JPM | Buy | JPMORGAN CHASE & CO | $4,189,418 | +40.6% | 31,241 | +9.5% | 0.26% | +28.2% |
| Buy | COHERENT CORP | $3,001,892 | +16.1% | 85,524 | +15.3% | 0.19% | +6.3% | |
| VOO | New | VANGUARD 500 INDX ETF-NEW | $2,424,246 | – | 6,900 | +100.0% | 0.15% | – |
| AAPL | APPLE INC | $1,901,915 | -6.0% | 14,638 | 0.0% | 0.12% | -13.9% | |
| SPY | SPDR S&P 500 ETF TRtr unit | $1,820,749 | +7.0% | 4,761 | 0.0% | 0.11% | -1.7% | |
| ICE | Sell | INTERCONTINENTAL EXCHANGE IN | $1,378,604 | -95.6% | 13,438 | -96.2% | 0.08% | -96.0% |
| ODFL | OLD DOMINION FREIGHT LINE IN | $1,154,133 | +14.0% | 4,067 | 0.0% | 0.07% | +2.9% | |
| TSM | Buy | TAIWAN SEMICONDUCTOR MFG LTDsponsored ads | $1,122,266 | +98.6% | 15,066 | +82.8% | 0.07% | +81.6% |
| UNH | New | UNITEDHEALTH GRP INC | $918,802 | – | 1,733 | +100.0% | 0.06% | – |
| MSFT | MICROSOFT CORP | $858,076 | +3.0% | 3,578 | 0.0% | 0.05% | -5.4% | |
| NVO | NOVO-NORDISK A Sadr | $839,108 | +35.8% | 6,200 | 0.0% | 0.05% | +23.8% | |
| CPRT | Buy | COPART INC | $836,750 | +14.5% | 13,742 | +100.0% | 0.05% | +4.0% |
| GLD | SPDR GOLD TR | $723,515 | +9.6% | 4,265 | 0.0% | 0.04% | 0.0% | |
| TJX | TJX COS INC NEW | $732,081 | +28.2% | 9,197 | 0.0% | 0.04% | +15.4% | |
| ITB | Buy | ISHARES TRus home cons etf | $639,496 | +32.7% | 10,551 | +14.0% | 0.04% | +21.2% |
| ROP | ROPER TECHNOLOGIES INC | $630,851 | +20.2% | 1,460 | 0.0% | 0.04% | +8.3% | |
| SBUX | STARBUCKS CORP | $621,488 | +17.7% | 6,265 | 0.0% | 0.04% | +5.6% | |
| LEVI | LEVI STRAUSS & CO NEW | $511,213 | +7.2% | 32,939 | 0.0% | 0.03% | 0.0% | |
| BOOT | BOOT BARN HLDGS INC | $515,978 | +7.0% | 8,253 | 0.0% | 0.03% | -3.0% | |
| New | BROOKFIELD CORP CL-A LVScl a ltd vt sh | $523,809 | – | 16,650 | +100.0% | 0.03% | – | |
| SLV | ISHARES SILVER TRishares | $506,460 | +25.7% | 23,000 | 0.0% | 0.03% | +14.8% | |
| New | JACOBS SOLUTIONS INC | $493,968 | – | 4,114 | +100.0% | 0.03% | – | |
| FAST | FASTENAL CO | $459,193 | +2.7% | 9,704 | 0.0% | 0.03% | -6.7% | |
| SITE | SITEONE LANDSCAPE SUPPLY INC | $440,302 | +12.6% | 3,753 | 0.0% | 0.03% | +3.8% | |
| BABA | ALIBABA GROUP HLDG LTDsponsored ads | $438,336 | +10.1% | 4,976 | 0.0% | 0.03% | 0.0% | |
| KNX | KNIGHT-SWIFT TRANSN HLDGS INcl a | $421,691 | +7.0% | 8,046 | 0.0% | 0.03% | -3.7% | |
| IYF | Sell | ISHARES TRu.s. finls etf | $230,259 | +9.6% | 3,051 | -1.9% | 0.01% | 0.0% |
| COST | COSTCO WHSL CORP NEW | $159,775 | -3.2% | 350 | 0.0% | 0.01% | -9.1% | |
| GIB | CGI INCcl a sub vtg | $143,406 | +14.7% | 1,665 | 0.0% | 0.01% | +12.5% | |
| RMD | RESMED INC | $90,953 | -4.3% | 437 | 0.0% | 0.01% | 0.0% | |
| RBA | RITCHIE BROS AUCTIONEERS | $61,878 | -7.6% | 1,070 | 0.0% | 0.00% | -20.0% | |
| LLY | Exit | LILLY ELI & CO | $0 | – | -432 | -100.0% | -0.01% | – |
| BAM | Exit | BROOKFIELD ASSET MGMT INCcl a ltd vt sh | $0 | – | -16,650 | -100.0% | -0.05% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR/A filed 2023-05-17
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.