Giverny Capital
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Francois Rochon's Giverny Capital reported 52 stock positions worth $2.6 billion. Its top holding was Berkshire Hathaway Class B (BRK.B) at 8.6% of the portfolio, followed by Meta Platforms Class A (META, 6.7%) and Ametek (AME, 6.3%). Compared with Q2 2024, it opened 5 new positions, sold out of 3, added to 35 and reduced 4. The biggest buy was Kinsale Capital (KNSL, shares +164%) and the biggest sale Alphabet Class C (GOOG, shares −0%).
- Most Recent 13F
- Q2 2026
- Notable People
- Francois Rochon
- Location
- MONTREAL, A8
- CIK
- 0001641864
- Portfolio Value
- $2.6B (Q3 2024)
- SEC Filing
- 0001641864-24-000012 ↗ filed Nov 13, 2024
Holdings Value
Holdings 52 stocks · $2.6B
| BRK.B Berkshire Hathaway Inc. Class B | 8.56% | 489,311 | $225.2M | Add +1.0% |
| META Meta Platforms Inc. Class A | 6.75% | 309,942 | $177.4M | Add +4.1% |
| AME Ametek Inc. | 6.26% | 959,222 | $164.7M | Add +2.4% |
| HEI.A Heico Corp. Class A | 5.68% | 732,993 | $149.4M | Add +1.3% |
| PGR Progressive Corp. | 5.18% | 536,693 | $136.2M | Add +0.3% |
| NVR NVR Inc. | 4.96% | 13,307 | $130.6M | Add +1.0% |
| KMX Carmax Inc. | 4.82% | 1,637,125 | $126.7M | Add +2.6% |
| IBP Installed Building Products | 4.56% | 487,115 | $120.0M | Add +3.3% |
| GOOG Alphabet Inc. Class C | 4.11% | 646,180 | $108.0M | Reduce -0.2% |
| V Visa Inc. Class A | 4.09% | 391,760 | $107.7M | Add +1.2% |
| FISV Fiserv Inc. | 3.42% | 501,278 | $90.1M | Add +3.4% |
| BKNG Booking Holdings Inc. | 3.29% | 20,515 | $86.4M | Add +2.6% |
| KEYS Keysight Technologies Inc. | 2.91% | 481,070 | $76.5M | Add +0.3% |
| MEDP Medpace Holdings Inc. | 2.88% | 227,072 | $75.8M | Add +20.7% |
| SBUX Starbucks Corp. | 2.66% | 718,004 | $70.0M | Add +0.3% |
| MKL Markel Group Inc. | 2.55% | 42,684 | $67.0M | Add +2.9% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 2.44% | 360,591 | $64.2M | Add +4.4% |
| FIVE Five Below | 2.44% | 725,249 | $64.1M | Add +3.9% |
| SCHW Schwab (charles) Corp. | 2.31% | 935,772 | $60.6M | Add +7.6% |
| GOOGL Alphabet Inc. Class A | 2.19% | 346,704 | $57.5M | Add +11.8% |
| OZK Bank Ozk | 1.96% | 1,197,374 | $51.5M | Add +0.2% |
| ADI Analog Devices Inc. | 1.80% | 206,111 | $47.4M | Add +2.8% |
| ANET Arista Networks Inc. | 1.56% | 106,670 | $40.9M | Add +9.3% |
| KNSL Kinsale Capital Group Inc. | 1.53% | 86,315 | $40.2M | Add +163.6% |
| FBIN Fortune Brands Innovations I | 1.52% | 446,106 | $39.9M | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.49% | 990,048 | $39.3M | Add +0.4% |
| LULU Lululemon Athletica Inc. | 1.46% | 141,477 | $38.4M | Add +8.7% |
| EW Edwards Lifesciences Corp. | 1.12% | 446,288 | $29.5M | Add +0.1% |
| FND Floor & Decor Holdings Inc. Class A | 1.09% | 230,681 | $28.6M | Reduce -16.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.90% | 245,548 | $23.6M | Add +5.3% |
| LFUS Littelfuse Inc. | 0.80% | 79,015 | $21.0M | Add +0.4% |
| CACC Credit Acceptance Corp. | 0.49% | 29,258 | $13.0M | Add +16.5% |
| MA Mastercard Inc. Class A | 0.48% | 25,546 | $12.6M | Add +8.6% |
| JPM JPMorgan Chase & Co. | 0.35% | 43,324 | $9.1M | Add +7.7% |
| ALGN Align Technology Inc. | 0.32% | 32,993 | $8.4M | Add +10.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.18% | 7 | $4.8M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.10% | 4,752 | $2.7M | No change |
| ICE Intercontinental Exchange Inc. | 0.10% | 16,799 | $2.7M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.10% | 14,550 | $2.5M | Add +78.2% |
| AAPL Apple Inc. | 0.09% | 9,852 | $2.3M | Reduce -1.8% |
| COF Capital One Financial Corp. | 0.08% | 14,774 | $2.2M | New |
| YUMC Yum China Holdings Inc. | 0.06% | 36,036 | $1.6M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 0.06% | 12,400 | $1.5M | No change |
| CPRT Copart Inc. | 0.05% | 27,484 | $1.4M | No change |
| ITB iShares U.S. Home Constructi | 0.05% | 10,299 | $1.3M | Reduce -18.0% |
| DFH Dream Finders Homes Inc. Class A | 0.04% | 32,202 | $1.2M | No change |
| FWONK Liberty Media Corp.-Liberty-C | 0.04% | 15,000 | $1.2M | New |
| ODFL Old Dominion Freight Line | 0.04% | 5,255 | $1.0M | Add +11.2% |
| GLD SPDR Gold Shares | 0.04% | 4,206 | $1.0M | No change |
| SLV iShares Silver Trust | 0.02% | 23,000 | $653K | No change |
| SITE Siteone Landscape Supply Inc. | 0.02% | 3,753 | $566K | No change |
| COST Costco Wholesale Corp. | 0.01% | 240 | $213K | New |
Portfolio Sells Q2 2024 → Q3 2024
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 4.11% | −0.91 |
| FERG Ferguson Jersey Ltd. | Sold out | 0.00% | −0.24 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -16.5% | 1.09% | −0.07 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.05 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.02 |
| ITB iShares U.S. Home Constructi | Reduce -18.0% | 0.05% | −0.00 |
| AAPL Apple Inc. | Reduce -1.8% | 0.09% | −0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| KNSL Kinsale Capital Group Inc. | Add +163.6% | 1.53% | +0.99 |
| NVR NVR Inc. | Add +1.0% | 4.96% | +0.74 |
| PGR Progressive Corp. | Add +0.3% | 5.18% | +0.48 |
| IBP Installed Building Products | Add +3.3% | 4.56% | +0.46 |
| META Meta Platforms Inc. Class A | Add +4.1% | 6.75% | +0.40 |
| FISV Fiserv Inc. | Add +3.4% | 3.42% | +0.37 |
| SBUX Starbucks Corp. | Add +0.3% | 2.66% | +0.31 |
| FBIN Fortune Brands Innovations I | Add +0.1% | 1.52% | +0.30 |
| HEI.A Heico Corp. Class A | Add +1.3% | 5.68% | +0.25 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.0% | 8.56% | +0.23 |
| MTB M & T Bank Corp. | Add +4.4% | 2.44% | +0.23 |
| KEYS Keysight Technologies Inc. | Add +0.3% | 2.91% | +0.14 |
| ANET Arista Networks Inc. | Add +9.3% | 1.56% | +0.11 |
| ICE Intercontinental Exchange Inc. | New | 0.10% | +0.10 |
| COF Capital One Financial Corp. | New | 0.08% | +0.08 |
| YUMC Yum China Holdings Inc. | New | 0.06% | +0.06 |
| FWONK Liberty Media Corp.-Liberty-C | New | 0.04% | +0.04 |
| MA Mastercard Inc. Class A | Add +8.6% | 0.48% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +78.2% | 0.10% | +0.04 |
| ALGN Align Technology Inc. | Add +10.0% | 0.32% | +0.01 |
| COST Costco Wholesale Corp. | New | 0.01% | +0.01 |
| ODFL Old Dominion Freight Line | Add +11.2% | 0.04% | +0.00 |
| JPM JPMorgan Chase & Co. | Add +7.7% | 0.35% | +0.00 |
| CACC Credit Acceptance Corp. | Add +16.5% | 0.49% | −0.05 |
| LFUS Littelfuse Inc. | Add +0.4% | 0.80% | −0.05 |
| BKNG Booking Holdings Inc. | Add +2.6% | 3.29% | −0.06 |
| DIS The Walt Disney Co. | Add +5.3% | 0.90% | −0.08 |
| OZK Bank Ozk | Add +0.2% | 1.96% | −0.11 |
| KMX Carmax Inc. | Add +2.6% | 4.82% | −0.13 |
| ADI Analog Devices Inc. | Add +2.8% | 1.80% | −0.13 |
| BAC Bank of America Corp. | Add +0.4% | 1.49% | −0.16 |
| LULU Lululemon Athletica Inc. | Add +8.7% | 1.46% | −0.18 |
| V Visa Inc. Class A | Add +1.2% | 4.09% | −0.20 |
| GOOGL Alphabet Inc. Class A | Add +11.8% | 2.19% | −0.20 |
| MKL Markel Group Inc. | Add +2.9% | 2.55% | −0.22 |
| AME Ametek Inc. | Add +2.4% | 6.26% | −0.34 |
| MEDP Medpace Holdings Inc. | Add +20.7% | 2.88% | −0.39 |
| SCHW Schwab (charles) Corp. | Add +7.6% | 2.31% | −0.40 |
| EW Edwards Lifesciences Corp. | Add +0.1% | 1.12% | −0.62 |
| FIVE Five Below | Add +3.9% | 2.44% | −0.78 |
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 |