Institutional Manager · CIK 0001641864
Giverny Capital Inc.
MONTREAL, A8 · File #028-16878
Latest AUM
$3.00B
Positions
50
Top-10 Concentration
58.7%
Filings
15
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | -442,534 | -$133.2M | +$10.0M |
| EXITED | FISERV INC | 337738108 | -651,257 | -$84.0M | $0 |
| EXITED | CARMAX INC | 143130102 | -1,670,114 | -$74.9M | $0 |
| NEW | BRIGHT HORIZONSFAMILY SOLUTION | 109194100 | +410,196 | +$41.6M | $0 |
| ADD | BROWN & BROWN | BRO | +450,274 | +$35.9M | -$4.5M |
| ADD | DISNEY WALT CO | 254687106 | +284,019 | +$32.3M | -$190,092 |
| ADD | KINSALE CAPITAL GROUP IN | 49714P108 | +23,802 | +$9.3M | -$6.5M |
| EXITED | ALIGN TECHNOLOGY INC | 016255101 | -45,691 | -$5.7M | $0 |
| REDUCE | AMETEK INC | AME | -17,218 | -$3.5M | +$17.3M |
| EXITED | CREDIT ACCEP CORP MICH | 225310101 | -6,874 | -$2.6M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202550 pos · $3.00B
- 13F HOLDINGS REPORT (Amended)Q/E Sep 202552 pos · $2.95B
- 13F HOLDINGS REPORT (Amended)Q/E Sep 202552 pos · $3.14B
- 13F HOLDINGS REPORTQ/E Sep 202552 pos · $3.26B
- 13F HOLDINGS REPORTQ/E Jun 202555 pos · $2.92B
- 13F HOLDINGS REPORT (Amended)Q/E Jun 202562 pos · $2.74B
- 13F HOLDINGS REPORT (Amended)Q/E Jun 202554 pos · $2.71B
- 13F HOLDINGS REPORTQ/E Mar 202554 pos · $2.71B
- 13F HOLDINGS REPORTQ/E Dec 202462 pos · $2.74B
- 13F HOLDINGS REPORTQ/E Sep 202452 pos · $2.63B
- 13F HOLDINGS REPORT (Amended)Q/E Jun 20241 pos · $1.1M
- 13F HOLDINGS REPORT (Amended)Q/E Jun 20242 pos · $3.9M
- 13F HOLDINGS REPORTQ/E Jun 202450 pos · $2.37B
- 13F HOLDINGS REPORTQ/E Mar 202451 pos · $2.46B
- 13F HOLDINGS REPORTQ/E Dec 202357 pos · $1.84B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 505,984 | $254.3M | 8.48% |
| 2 | META PLATFORMS INC | META | 313,449 | $206.9M | 6.90% |
| 3 | AMETEK INC | AME | 979,458 | $201.1M | 6.71% |
| 4 | ALPHABET INC C | GOOG | 639,507 | $200.7M | 6.69% |
| 5 | HEICO CORP NEW | HEI-A | 754,532 | $190.5M | 6.35% |
| 6 | SCHWAB CHARLES CORP | SCHW-PJ | 1,585,661 | $158.4M | 5.28% |
| 7 | MEDPACE HOLDINGS INC | MEDP | 263,320 | $147.9M | 4.93% |
| 8 | VISA INC | V | 407,345 | $142.9M | 4.77% |
| 9 | INSTALLED BLDG PRODS INC | 45780R101 | 519,236 | $134.7M | 4.49% |
| 10 | PROGRESSIVE CORP | 743315103 | 536,832 | $122.2M | 4.08% |
| 11 | FIVE BELOW INC | FIVE | 637,747 | $120.1M | 4.01% |
| 12 | BOOKING HOLDINGS INC. | BKNG | 21,445 | $114.8M | 3.83% |
| 13 | ALPHABET INC | GOOG | 361,398 | $113.1M | 3.77% |
| 14 | NVR INC | NVR | 14,112 | $102.9M | 3.43% |
| 15 | MARKEL CORP | MKL | 43,978 | $94.5M | 3.15% |
| 16 | KINSALE CAPITAL GROUP IN | 49714P108 | 214,264 | $83.8M | 2.80% |
| 17 | KEYSIGHT TECHNOLOGIES INC | KEYS | 334,046 | $67.9M | 2.26% |
| 18 | DISNEY WALT CO | 254687106 | 544,419 | $61.9M | 2.07% |
| 19 | BROWN & BROWN | BRO | 772,520 | $61.6M | 2.05% |
| 20 | BANK OZK LITTLE ROCK ARK | OZKAP | 1,264,042 | $58.2M | 1.94% |