Giverny Capital
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Francois Rochon's Giverny Capital reported 53 stock positions worth $2.5 billion. Its top holding was Berkshire Hathaway Class B (BRK.B) at 8.2% of the portfolio, followed by Ametek (AME, 6.9%) and Meta Platforms Class A (META, 5.8%). Compared with Q4 2023, it opened 3 new positions, sold out of 9, added to 30 and reduced 11. The biggest buy was a new position in Booking (BKNG) and the biggest sale Fortune Brands Innovations I (FBIN, shares −50%).
- Most Recent 13F
- Q2 2026
- Notable People
- Francois Rochon
- Location
- MONTREAL, A8
- CIK
- 0001641864
- Portfolio Value
- $2.5B (Q1 2024)
- SEC Filing
- 0001641864-24-000005 ↗ filed May 13, 2024
Holdings Value
Holdings 53 stocks · $2.5B
| BRK.B Berkshire Hathaway Inc. Class B | 8.19% | 479,975 | $201.8M | Reduce -0.8% |
| AME Ametek Inc. | 6.89% | 927,977 | $169.7M | Add +1.9% |
| META Meta Platforms Inc. Class A | 5.83% | 295,820 | $143.6M | Add +2.7% |
| KMX Carmax Inc. | 5.60% | 1,582,398 | $137.8M | Add +3.2% |
| MKL Markel Group Inc. | 4.98% | 80,549 | $122.6M | Add +1.7% |
| FIVE Five Below | 4.91% | 667,190 | $121.0M | Add +2.0% |
| IBP Installed Building Products | 4.91% | 467,012 | $120.8M | Add +2.5% |
| HEI.A Heico Corp. Class A | 4.49% | 718,995 | $110.7M | Add +3.2% |
| PGR Progressive Corp. | 4.45% | 530,369 | $109.7M | Add +4.9% |
| V Visa Inc. Class A | 4.33% | 382,208 | $106.7M | Add +1.4% |
| NVR NVR Inc. | 4.32% | 13,138 | $106.4M | Add +3.7% |
| GOOG Alphabet Inc. Class C | 3.99% | 645,800 | $98.3M | Add +1.2% |
| FISV Fiserv Inc. | 3.12% | 480,246 | $76.8M | Add +5.6% |
| MEDP Medpace Holdings Inc. | 3.04% | 185,232 | $74.9M | Add +17.5% |
| KEYS Keysight Technologies Inc. | 3.04% | 478,346 | $74.8M | Add +1.6% |
| SCHW Schwab (charles) Corp. | 2.53% | 861,431 | $62.3M | Add +3.3% |
| OZK Bank Ozk | 2.15% | 1,165,110 | $53.0M | Add +388.0% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 2.08% | 352,670 | $51.3M | Add +2.8% |
| LULU Lululemon Athletica Inc. | 2.05% | 129,251 | $50.5M | Add +6.1% |
| GOOGL Alphabet Inc. Class A | 1.79% | 292,664 | $44.2M | Add +4.8% |
| EW Edwards Lifesciences Corp. | 1.73% | 445,718 | $42.6M | Add +1.1% |
| BKNG Booking Holdings Inc. | 1.66% | 11,294 | $41.0M | New |
| FBIN Fortune Brands Innovations I | 1.56% | 452,871 | $38.3M | Reduce -49.8% |
| ADI Analog Devices Inc. | 1.55% | 193,401 | $38.3M | Add +3.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.52% | 986,950 | $37.4M | Reduce -4.1% |
| FND Floor & Decor Holdings Inc. Class A | 1.43% | 272,357 | $35.3M | Reduce -5.1% |
| SBUX Starbucks Corp. | 1.38% | 371,551 | $34.0M | Add +5880.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.16% | 232,766 | $28.5M | Add +0.9% |
| ANET Arista Networks Inc. | 1.13% | 95,613 | $27.7M | Reduce -3.9% |
| LFUS Littelfuse Inc. | 0.77% | 77,961 | $18.9M | Add +2.0% |
| CACC Credit Acceptance Corp. | 0.54% | 24,160 | $13.3M | Add +6.8% |
| MA Mastercard Inc. Class A | 0.45% | 22,821 | $11.0M | Add +6.7% |
| ALGN Align Technology Inc. | 0.38% | 28,871 | $9.5M | Add +6.3% |
| KNSL Kinsale Capital Group Inc. | 0.38% | 17,610 | $9.2M | No change |
| JPM JPMorgan Chase & Co. | 0.32% | 39,203 | $7.9M | Add +6.6% |
| COHR Coherent Corp. | 0.29% | 116,314 | $7.1M | Add +7.6% |
| FERG Ferguson Jersey Ltd. | 0.26% | 28,910 | $6.3M | Add +7.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.18% | 7 | $4.4M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.10% | 4,752 | $2.5M | No change |
| AAPL Apple Inc. | 0.07% | 10,027 | $1.7M | Reduce -1.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.06% | 12,400 | $1.6M | No change |
| CPRT Copart Inc. | 0.06% | 27,484 | $1.6M | No change |
| DFH Dream Finders Homes Inc. Class A | 0.06% | 32,202 | $1.4M | No change |
| ITB iShares U.S. Home Constructi | 0.05% | 11,350 | $1.3M | Reduce -22.7% |
| ABNB Airbnb Inc. Class A | 0.05% | 7,055 | $1.2M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.05% | 8,193 | $1.1M | Reduce -0.6% |
| GLD SPDR Gold Shares | 0.04% | 4,206 | $865K | No change |
| SITE Siteone Landscape Supply Inc. | 0.03% | 3,753 | $655K | No change |
| SLV iShares Silver Trust | 0.02% | 23,000 | $523K | No change |
| ODFL Old Dominion Freight Line | 0.02% | 2,362 | $518K | Reduce -50.0% |
| GBTC Grayscale Bitcoin Trust ETF | 0.02% | 7,442 | $470K | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.00% | 1,085 | $110K | Reduce -87.5% |
| CIEN Ciena Corp. | 0.00% | 661 | $33K | Reduce -99.9% |
Portfolio Sells Q4 2023 → Q1 2024
| FBIN Fortune Brands Innovations I | Reduce -49.8% | 1.56% | −1.67 |
| CIEN Ciena Corp. | Reduce -99.9% | 0.00% | −1.32 |
| MBC Masterbrand Inc. | Sold out | 0.00% | −0.64 |
| ATHM Autohome Inc.-ADR | Sold out | 0.00% | −0.41 |
| BAC Bank of America Corp. | Reduce -4.1% | 1.52% | −0.11 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -5.1% | 1.43% | −0.07 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.03 |
| TJX TJX Companies Inc. | Reduce -87.5% | 0.00% | −0.03 |
| BOOT Boot Barn Holdings Inc. | Sold out | 0.00% | −0.03 |
| FAST Fastenal Co. | Sold out | 0.00% | −0.02 |
| ODFL Old Dominion Freight Line | Reduce -50.0% | 0.02% | −0.02 |
| AAPL Apple Inc. | Reduce -1.5% | 0.07% | −0.02 |
| KNX Knight-Swift Transportation | Sold out | 0.00% | −0.02 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.02 |
| ITB iShares U.S. Home Constructi | Reduce -22.7% | 0.05% | −0.02 |
| GIB Cgi Inc. | Sold out | 0.00% | −0.01 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.01 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -0.6% | 0.05% | +0.01 |
| ANET Arista Networks Inc. | Reduce -3.9% | 1.13% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.8% | 8.19% | +0.09 |
Portfolio Buys Q4 2023 → Q1 2024
| BKNG Booking Holdings Inc. | New | 1.66% | +1.66 |
| OZK Bank Ozk | Add +388.0% | 2.15% | +1.59 |
| SBUX Starbucks Corp. | Add +5880.2% | 1.38% | +1.35 |
| META Meta Platforms Inc. Class A | Add +2.7% | 5.83% | +1.04 |
| IBP Installed Building Products | Add +2.5% | 4.91% | +0.99 |
| MEDP Medpace Holdings Inc. | Add +17.5% | 3.04% | +0.77 |
| PGR Progressive Corp. | Add +4.9% | 4.45% | +0.67 |
| FISV Fiserv Inc. | Add +5.6% | 3.12% | +0.28 |
| DIS The Walt Disney Co. | Add +0.9% | 1.16% | +0.18 |
| NVR NVR Inc. | Add +3.7% | 4.32% | +0.15 |
| EW Edwards Lifesciences Corp. | Add +1.1% | 1.73% | +0.15 |
| KMX Carmax Inc. | Add +3.2% | 5.60% | +0.07 |
| COHR Coherent Corp. | Add +7.6% | 0.29% | +0.07 |
| ABNB Airbnb Inc. Class A | New | 0.05% | +0.05 |
| ALGN Align Technology Inc. | Add +6.3% | 0.38% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +6.6% | 0.32% | +0.03 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.02% | +0.02 |
| MA Mastercard Inc. Class A | Add +6.7% | 0.45% | +0.02 |
| FERG Ferguson Jersey Ltd. | Add +7.2% | 0.26% | +0.01 |
| CACC Credit Acceptance Corp. | Add +6.8% | 0.54% | −0.03 |
| GOOGL Alphabet Inc. Class A | Add +4.8% | 1.79% | −0.04 |
| MTB M & T Bank Corp. | Add +2.8% | 2.08% | −0.13 |
| AME Ametek Inc. | Add +1.9% | 6.89% | −0.16 |
| SCHW Schwab (charles) Corp. | Add +3.3% | 2.53% | −0.17 |
| HEI.A Heico Corp. Class A | Add +3.2% | 4.49% | −0.17 |
| LFUS Littelfuse Inc. | Add +2.0% | 0.77% | −0.19 |
| ADI Analog Devices Inc. | Add +3.0% | 1.55% | −0.20 |
| GOOG Alphabet Inc. Class C | Add +1.2% | 3.99% | −0.23 |
| V Visa Inc. Class A | Add +1.4% | 4.33% | −0.28 |
| MKL Markel Group Inc. | Add +1.7% | 4.98% | −0.31 |
| KEYS Keysight Technologies Inc. | Add +1.6% | 3.04% | −0.48 |
| LULU Lululemon Athletica Inc. | Add +6.1% | 2.05% | −0.87 |
| FIVE Five Below | Add +2.0% | 4.91% | −1.64 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 51 | $3.0B | GOOG, HEI.A, META, SCHW, ADP |
| Q1 2026 | 51 | $2.7B | BRK.B, GOOG, META, HEI.A, SCHW |
| Q4 2025 | 50 | $3.0B | BRK.B, META, AME, GOOG, HEI.A |
| Q3 2025Amended | 52 | $3.0B | BRK.B, META, HEI.A, AME, GOOG |
| Q2 2025 | 55 | $2.9B | BRK.B, META, HEI.A, AME, SCHW |
| Q1 2025Amended | 54 | $2.7B | BRK.B, META, AME, HEI.A, PGR |
| Q4 2024Amended | 62 | $2.7B | BRK.B, META, AME, HEI.A, KMX |
| Q3 2024 | 52 | $2.6B | BRK.B, META, AME, HEI.A, PGR |
| Q2 2024 | 50 | $2.4B | BRK.B, AME, META, HEI.A, GOOG |
| Q1 2024Amended | 53 | $2.5B | BRK.B, AME, META, KMX, MKL |