$1.66 Billion is the total value of Giverny Capital's 60 reported holdings in Q1 2023. The portfolio turnover from Q4 2022 to Q1 2023 was 12.1% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $137,393,387 | -3.6% | 444,970 | -3.6% | 8.28% | -6.1% |
| FIVE | Sell | FIVE BELOW INC | $123,992,704 | +13.4% | 601,994 | -2.6% | 7.47% | +10.5% |
| AME | Sell | AMETEK INC | $122,310,891 | +2.6% | 841,608 | -1.4% | 7.37% | -0.0% |
| MKL | Sell | MARKEL CORP | $101,676,726 | -5.1% | 79,596 | -2.2% | 6.12% | -7.6% |
| KMX | Sell | CARMAX INC | $91,795,633 | +5.0% | 1,428,059 | -0.5% | 5.53% | +2.4% |
| GOOG | Sell | ALPHABET INCcap stk cl c | $89,655,904 | +13.9% | 862,076 | -2.8% | 5.40% | +11.0% |
| HEIA | Sell | HEICO CORP NEWcl a | $89,284,397 | +11.0% | 656,986 | -2.1% | 5.38% | +8.2% |
| V | Sell | VISA INC | $79,604,290 | +6.9% | 353,075 | -1.5% | 4.80% | +4.2% |
| KEYS | Sell | KEYSIGHT TECHNOLOGIES INC | $71,928,844 | -9.2% | 445,435 | -3.8% | 4.33% | -11.5% |
| PGR | Buy | PROGRESSIVE CORP | $68,844,907 | +15.1% | 481,231 | +4.3% | 4.15% | +12.1% |
| NVR | Sell | NVR INC | $67,568,376 | +17.3% | 12,126 | -2.9% | 4.07% | +14.3% |
| SCHW | Sell | SCHWAB CHARLES CORP | $63,973,265 | -38.2% | 1,221,330 | -1.7% | 3.85% | -39.8% |
| FB | Sell | META PLATFORMS INCcl a | $55,840,044 | +71.4% | 263,471 | -2.7% | 3.36% | +67.0% |
| FBHS | Buy | FORTUNE BRANDS HOME & SEC IN | $52,717,810 | +2.9% | 897,630 | +0.1% | 3.18% | +0.3% |
| IBP | Buy | INSTALLED BLDG PRODS INC | $48,361,149 | +36.7% | 424,109 | +2.6% | 2.91% | +33.2% |
| LULU | Buy | LULULEMON ATHLETICA INC | $41,545,703 | +18.1% | 114,077 | +3.9% | 2.50% | +15.1% |
| MTB | Sell | M & T BK CORP | $35,610,218 | -19.9% | 297,819 | -2.8% | 2.14% | -21.9% |
| CIEN | Sell | CIENA CORP | $35,013,824 | +0.9% | 666,676 | -2.1% | 2.11% | -1.7% |
| EW | Sell | EDWARDS LIFESCIENCES CORP | $34,330,882 | +8.0% | 414,975 | -2.6% | 2.07% | +5.2% |
| FISV | New | FISERV INC | $29,463,643 | – | 260,671 | +100.0% | 1.78% | – |
| FND | Sell | FLOOR & DECOR HLDGS INCcl a | $26,062,088 | +40.5% | 265,344 | -0.4% | 1.57% | +37.0% |
| BAC | Sell | BANK AMERICA CORP | $25,746,893 | -16.9% | 900,241 | -3.8% | 1.55% | -19.1% |
| DIS | Buy | DISNEY WALT CO | $22,928,568 | +16.8% | 228,988 | +1.3% | 1.38% | +13.8% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $22,112,850 | +20.3% | 213,177 | +2.4% | 1.33% | +17.3% |
| LFUS | Buy | LITTELFUSE INC | $18,729,035 | +22.5% | 69,861 | +0.6% | 1.13% | +19.4% |
| ANET | Sell | ARISTA NETWORKS INC | $16,861,873 | +37.3% | 100,452 | -0.8% | 1.02% | +33.9% |
| ATHM | Buy | AUTOHOME INCsp ads rp cl a | $11,443,058 | +11.3% | 341,890 | +1.7% | 0.69% | +8.3% |
| SSNC | Sell | SS&C TECHNOLOGIES HLDGS INC | $8,793,960 | -58.6% | 155,728 | -61.8% | 0.53% | -59.6% |
| CACC | Buy | CREDIT ACCEP CORP MICH | $8,788,822 | +0.2% | 20,156 | +9.1% | 0.53% | -2.4% |
| Sell | MASTERBRAND INC | $6,962,343 | +2.4% | 865,963 | -3.8% | 0.42% | -0.2% | |
| OZK | Sell | BANK OZK LITTLE ROCK ARK | $6,848,755 | -18.3% | 200,256 | -4.3% | 0.41% | -20.3% |
| MA | Buy | MASTERCARD INCORPORATEDcl a | $6,845,191 | +13.2% | 18,836 | +8.3% | 0.41% | +10.2% |
| ADI | Buy | ANALOG DEVICES INC | $5,922,319 | +29.0% | 30,029 | +7.3% | 0.36% | +25.7% |
| JPM | Buy | JPMORGAN CHASE & CO | $4,303,618 | +2.7% | 33,026 | +5.7% | 0.26% | 0.0% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $4,190,400 | -0.7% | 9 | 0.0% | 0.25% | -3.4% | |
| Buy | COHERENT CORP | $3,675,710 | +22.4% | 96,526 | +12.9% | 0.22% | +18.8% | |
| AAPL | APPLE INC | $2,413,806 | +26.9% | 14,638 | 0.0% | 0.14% | +22.9% | |
| SPY | SPDR S&P 500 ETF TRtr unit | $1,949,106 | +7.0% | 4,761 | 0.0% | 0.12% | +3.5% | |
| ODFL | OLD DOMINION FREIGHT LINE IN | $1,386,196 | +20.1% | 4,067 | 0.0% | 0.08% | +18.3% | |
| TSM | Sell | TAIWAN SEMICONDUCTOR MFG LTDsponsored ads | $1,320,605 | +17.7% | 14,197 | -5.8% | 0.08% | +15.9% |
| MSFT | MICROSOFT CORP | $1,031,537 | +20.2% | 3,578 | 0.0% | 0.06% | +17.0% | |
| CPRT | COPART INC | $1,033,536 | +23.5% | 13,742 | 0.0% | 0.06% | +19.2% | |
| NVO | NOVO-NORDISK A Sadr | $986,668 | +17.6% | 6,200 | 0.0% | 0.06% | +13.5% | |
| GLD | SPDR GOLD TR | $781,433 | +8.0% | 4,265 | 0.0% | 0.05% | +4.4% | |
| Sell | BROOKFIELD CORPcl a ltd vt sh | $714,299 | +36.4% | 16,223 | -2.6% | 0.04% | +34.4% | |
| TJX | Sell | TJX COS INC NEW | $681,497 | -6.9% | 8,697 | -5.4% | 0.04% | -8.9% |
| SBUX | STARBUCKS CORP | $652,374 | +5.0% | 6,265 | 0.0% | 0.04% | +2.6% | |
| SNBR | Sell | SLEEP NUMBER CORP | $641,012 | -93.5% | 21,079 | -94.5% | 0.04% | -93.6% |
| BOOT | BOOT BARN HLDGS INC | $632,510 | +22.6% | 8,253 | 0.0% | 0.04% | +18.8% | |
| LEVI | LEVI STRAUSS & CO NEW | $600,478 | +17.5% | 32,939 | 0.0% | 0.04% | +12.5% | |
| ROP | Sell | ROPER TECHNOLOGIES INC | $588,321 | -6.7% | 1,335 | -8.6% | 0.04% | -10.3% |
| SLV | ISHARES SILVER TRishares | $508,760 | +0.5% | 23,000 | 0.0% | 0.03% | 0.0% | |
| BABA | Buy | ALIBABA GROUP HLDG LTDsponsored ads | $511,309 | +16.6% | 5,004 | +0.6% | 0.03% | +14.8% |
| SITE | SITEONE LANDSCAPE SUPPLY INC | $513,673 | +16.7% | 3,753 | 0.0% | 0.03% | +14.8% | |
| FAST | Sell | FASTENAL CO | $482,979 | +5.2% | 8,954 | -7.7% | 0.03% | +3.6% |
| KNX | KNIGHT-SWIFT TRANSN HLDGS INcl a | $455,243 | +8.0% | 8,046 | 0.0% | 0.03% | +3.8% | |
| ITB | Sell | ISHARES TRus home cons etf | $344,983 | -46.1% | 4,908 | -53.5% | 0.02% | -47.5% |
| Sell | JACOBS SOLUTIONS INC | $288,840 | -41.5% | 2,458 | -40.3% | 0.02% | -45.2% | |
| GIB | CGI INCcl a sub vtg | $216,866 | +51.2% | 1,665 | 0.0% | 0.01% | +44.4% | |
| IYF | Sell | ISHARES TRu.s. finls etf | $204,670 | -11.1% | 2,877 | -5.7% | 0.01% | -14.3% |
| RBA | Exit | RITCHIE BROS AUCTIONEERS | $0 | – | -1,070 | -100.0% | -0.00% | – |
| RMD | Exit | RESMED INC | $0 | – | -437 | -100.0% | -0.01% | – |
| COST | Exit | COSTCO WHSL CORP NEW | $0 | – | -350 | -100.0% | -0.01% | – |
| UNH | Exit | UNITEDHEALTH GRP INC | $0 | – | -1,733 | -100.0% | -0.06% | – |
| ICE | Exit | INTERCONTINENTAL EXCHANGE IN | $0 | – | -13,438 | -100.0% | -0.08% | – |
| VOO | Exit | VANGUARD 500 INDX ETF-NEW | $0 | – | -6,900 | -100.0% | -0.15% | – |
| FRC | Exit | FIRST REP BK SAN FRANCISCO C | $0 | – | -236,893 | -100.0% | -1.78% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-05-12
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 | 33 | Q1 2023 | 10.7% |
| VISA INC CLASS-A | 33 | Q1 2023 | 6.0% |
| MARKEL CORP HOLDING | 33 | Q1 2023 | 6.9% |
| DISNEY WALT COMPANY | 33 | Q1 2023 | 7.8% |
| MASTERCARD INCORPORATED | 33 | Q1 2023 | 0.4% |
| FASTENAL CO | 32 | Q1 2023 | 2.2% |
| BROOKFIELD ASSET MGT-A LV | 31 | Q3 2022 | 0.1% |
| FORTUNE BRNDS HME&SEC | 29 | Q1 2023 | 4.0% |
| M & T BK CORP | 28 | Q1 2023 | 5.0% |
| JPMORGAN CHASE & CO | 28 | Q1 2023 | 4.3% |
View Giverny Capital's complete holdings history.
Latest filings
| Type | Filed |
|---|---|
| 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 |
| 13F-HR | 2022-02-11 |
| 13F-HR/A | 2021-11-15 |
| 13F-HR | 2021-11-12 |
| 13F-HR | 2021-08-13 |
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.