Giverny Capital Inc.
CIK 0001641864
Annualised vol
14.68575%
Beta
0.681565
HHI
380.923688
Top-10 weight
51.501433%
VaR 95%
1.35619%
VaR 99%
2.685214%
Max drawdown
26.826354%
Matched value
71.705445%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| GOOGL | REDUCED | 915,578 | 969,378 | -5.55% | 324,754,052 |
| HEI | REDUCED | 735,248 | 738,482 | -0.44% | 189,627,812 |
| META | REDUCED | 302,888 | 307,821 | -1.6% | 170,613,782 |
| SCHW | ADDED | 1,681,567 | 1,536,206 | 9.46% | 155,158,187 |
| AME | REDUCED | 598,781 | 612,058 | -2.17% | 144,869,075 |
| MEDP | REDUCED | 253,931 | 256,081 | -0.84% | 134,479,318 |
| V | REDUCED | 389,900 | 396,357 | -1.63% | 133,770,791 |
| FIVE | REDUCED | 598,122 | 617,191 | -3.09% | 107,536,354 |
| BKNG | ADDED | 522,664 | 21,117 | 2375.09% | 93,159,631 |
| NVR | REDUCED | 13,238 | 13,647 | -3.0% | 90,195,789 |
| RMD | ADDED | 387,665 | 230,005 | 68.55% | 75,548,155 |
| MKL | REDUCED | 30,877 | 42,944 | -28.1% | 60,303,090 |
| ANET | REDUCED | 339,892 | 423,361 | -19.72% | 57,740,853 |
| KEYS | REDUCED | 143,072 | 323,184 | -55.73% | 50,085,215 |
| BRO | REDUCED | 753,288 | 755,269 | -0.26% | 48,323,425 |
| ADI | REDUCED | 93,310 | 171,052 | -45.45% | 37,059,933 |
| NYT | NEW | 484,424 | - | - | 33,899,992 |
| MSA | NEW | 166,305 | - | - | 29,033,527 |
| WSO | NEW | 65,975 | - | - | 27,493,762 |
| AAON | ADDED | 204,779 | 201,832 | 1.46% | 25,978,264 |
| SUNB | NEW | 246,369 | - | - | 21,593,757 |
| VEEV | NEW | 94,956 | - | - | 16,851,841 |
| AXP | NEW | 46,702 | - | - | 15,753,986 |
| TWFG | ADDED | 652,452 | 552,107 | 18.17% | 15,691,471 |
| JPM | REDUCED | 47,876 | 52,298 | -8.46% | 15,671,251 |
| MA | ADDED | 28,816 | 28,066 | 2.67% | 14,799,898 |
| LULU | REDUCED | 128,803 | 142,600 | -9.68% | 14,706,727 |
| HWKN | NEW | 94,954 | - | - | 13,492,963 |
| BLDR | REDUCED | 91,464 | 91,813 | -0.38% | 8,184,199 |
| AAPL | REDUCED | 12,995 | 15,040 | -13.6% | 3,760,233 |
| SPY | REDUCED | 2,294 | 2,474 | -7.28% | 1,713,090 |
| MSFT | REDUCED | 1,787 | 1,910 | -6.44% | 666,587 |
| CPRT | REDUCED | 8,274 | 27,484 | -69.9% | 233,244 |
| NVO | CLOSED OUT | 0 | 12,400 | -100.0% | 0 |
| SITE | CLOSED OUT | 0 | 3,753 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| GOOGL | REDUCED | ALPHABET INC C | CAP STK CL C | 02079K107 | 213,927,182 | 7.19 | 605460.0 |
| HEI | REDUCED | HEICO CORP NEW | CL A | 422806208 | 189,627,812 | 6.38 | 735248.0 |
| META | REDUCED | META PLATFORMS INC | CL A | 30303M102 | 170,613,782 | 5.74 | 302888.0 |
| SCHW | ADDED | SCHWAB CHARLES CORP | COM | 808513105 | 155,158,187 | 5.22 | 1681567.0 |
| - | AUTOMATIC DATA PROC INC | COM | 053015103 | 146,587,816 | 4.93 | 654556.0 | |
| AME | REDUCED | AMETEK INC | COM | 031100100 | 144,869,075 | 4.87 | 598781.0 |
| MEDP | REDUCED | MEDPACE HOLDINGS INC | COM | 58506Q109 | 134,479,318 | 4.52 | 253931.0 |
| V | REDUCED | VISA INC | COM CL A | 92826C839 | 133,770,791 | 4.5 | 389900.0 |
| - | BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 124,320,394 | 4.18 | 248447.0 | |
| - | PROGRESSIVE CORP | COM | 743315103 | 118,463,687 | 3.98 | 542292.0 | |
| GOOGL | REDUCED | ALPHABET INC | CAP STK CL A | 02079K305 | 110,826,870 | 3.73 | 310118.0 |
| FIVE | REDUCED | FIVE BELOW INC | COM | 33829M101 | 107,536,354 | 3.62 | 598122.0 |
| BKNG | ADDED | BOOKING HOLDINGS INC. | COM | 09857L108 | 93,159,631 | 3.13 | 522664.0 |
| - | INSTALLED BLDG PRODS INC | COM | 45780R101 | 91,398,634 | 3.07 | 397662.0 | |
| NVR | REDUCED | NVR INC | COM | 62944T105 | 90,195,789 | 3.03 | 13238.0 |
| - | KINSALE CAPITAL GROUP IN | COM | 49714P108 | 79,395,491 | 2.67 | 240731.0 | |
| - | BRIGHT HORIZONSFAMILY SOLUTION | COM | 109194100 | 76,606,608 | 2.58 | 1080793.0 | |
| RMD | ADDED | RESMED INC | COM | 761152107 | 75,548,155 | 2.54 | 387665.0 |
| - | BANK OZK LITTLE ROCK ARK | COM | 06417N103 | 62,409,862 | 2.1 | 1198116.0 | |
| MKL | REDUCED | MARKEL CORP | COMMON STOCK | 570535104 | 60,303,090 | 2.03 | 30877.0 |
| ANET | REDUCED | ARISTA NETWORKS INC | COM SHS | 040413205 | 57,740,853 | 1.94 | 339892.0 |
| KEYS | REDUCED | KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 | 50,085,215 | 1.68 | 143072.0 |
| - | DISNEY WALT CO | COM | 254687106 | 49,623,324 | 1.67 | 515567.0 | |
| BRO | REDUCED | BROWN & BROWN | COM | 115236101 | 48,323,425 | 1.62 | 753288.0 |
| ADI | REDUCED | ANALOG DEVICES INC | COM | 032654105 | 37,059,933 | 1.25 | 93310.0 |
| NYT | NEW | NEW YORK TIMES CO-A- | CL A | 650111107 | 33,899,992 | 1.14 | 484424.0 |
| - | LITTELFUSE INC | COM | 537008104 | 33,751,336 | 1.13 | 74125.0 | |
| MSA | NEW | MSA SAFETY INC | COM | 553498106 | 29,033,527 | 0.98 | 166305.0 |
| WSO | NEW | WATSCO INC | COM | 942622200 | 27,493,762 | 0.92 | 65975.0 |
| AAON | ADDED | AAON INC | COM | 000360206 | 25,978,264 | 0.87 | 204779.0 |
| - | SPDR GOLD TR | GOLD SHS | 78463V107 | 25,033,146 | 0.84 | 3876.0 | |
| SUNB | NEW | SUNBELT RENTALS HOLDINGS | SHS | 866966104 | 21,593,757 | 0.73 | 246369.0 |
| VEEV | NEW | VEEVA SYSTEMS INC CL-A | CLASS A COM | 922475108 | 16,851,841 | 0.57 | 94956.0 |
| AXP | NEW | AMERICAN EXPRESS CO | COM | 025816109 | 15,753,986 | 0.53 | 46702.0 |
| TWFG | ADDED | TWFG INC | COM CL A | 87318A101 | 15,691,471 | 0.53 | 652452.0 |
| JPM | REDUCED | JPMORGAN CHASE & CO | COM | 46625H100 | 15,671,251 | 0.53 | 47876.0 |
| MA | ADDED | MASTERCARD INCORPORATED | CL A | 57636Q104 | 14,799,898 | 0.5 | 28816.0 |
| LULU | REDUCED | LULULEMON ATHLETICA INC | COM | 550021109 | 14,706,727 | 0.49 | 128803.0 |
| - | FLOOR & DECOR HLDGS INC | CL A | 339750101 | 13,644,905 | 0.46 | 229867.0 | |
| HWKN | NEW | HAWKINS INC | COM | 420261109 | 13,492,963 | 0.45 | 94954.0 |
| - | FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 | 8,871,395 | 0.3 | 37380.0 | |
| BLDR | REDUCED | BUILDERS FIRSTSOURCE INC | COM | 12008R107 | 8,184,199 | 0.28 | 91464.0 |
| - | BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | 6,739,650 | 0.23 | 9.0 | |
| AAPL | REDUCED | APPLE INC | COM | 037833100 | 3,760,233 | 0.13 | 12995.0 |
| - | TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | 1,745,518 | 0.06 | 3655.0 | |
| SPY | REDUCED | SPDR S&P 500 ETF | ETF | 78462F103 | 1,713,090 | 0.06 | 2294.0 |
| - | YUM CHINA HLDGS INC | COM | 98850P109 | 1,472,791 | 0.05 | 36036.0 | |
| - | ISHARES TR | US HOME CONS ETF | 464288752 | 1,218,446 | 0.04 | 11662.0 | |
| MSFT | REDUCED | MICROSOFT CORP | COM | 594918104 | 666,587 | 0.02 | 1787.0 |
| - | INVESCO QQQ TR | UNIT SER 1 | 46090E103 | 287,932 | 0.01 | 391.0 | |
| CPRT | REDUCED | COPART INC | COM | 217204106 | 233,244 | 0.01 | 8274.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-26 | 2,974,321,189 | 51 | 14.68575 | 0.681565 | 26.826354 |
| 2026-03-31 | 2026-05-15 | 2,731,351,278 | 51 | 14.992154 | 0.694768 | 27.132853 |
| 2025-12-31 | 2026-02-13 | 2,997,769,933 | 50 | 15.351931 | 0.711495 | 28.29857 |
| 2025-09-30 | 2025-11-17 | 2,951,143,263 | 52 | 15.658723 | 0.724987 | 29.483639 |
| 2025-03-31 | 2025-05-13 | 2,712,831,115 | 54 | 14.324259 | 0.659879 | 28.23858 |
| 2024-12-31 | 2025-02-13 | 2,736,075,423 | 62 | 14.832501 | 0.685484 | 28.753536 |