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Giverny

Giverny Capital IncData: SEC EDGAR 13F · Filed 2026-05-15 · 13F filings are quarterly snapshots disclosed up to 45 days late; current positions may differ — not a real-time trading signal.
Period
2026 Q1
Total value
$2.7B
AUM QoQ -8.9%
Positions
51 positions
Filing date
2026-05-15
Letters & ResearchFull archive (25) →
2025-12-31Giverny Capital Annual Letter to Partners 2025This is Giverny Capital's 2025 annual letter. They're long-term value investors (buying good companies and holding them). They underperformed the market in 2025, but over 32 years they've beaten it by…2024-12-31Giverny Capital Annual Letter to Partners 2024Giverny Capital's 2024 letter to partners shows that sticking with quality stocks for decades works. Their global portfolio has returned 15.1% annually since 1993, beating the market by 5.3% per year.…2023-12-31Giverny Capital Annual Letter to Partners 2023This letter shares Giverny Capital’s 30-year track record: they don’t try to predict the market or spread their bets widely. Instead, they own a handful of carefully chosen companies and hold them for…2022-12-31Giverny Capital Annual Letter to Partners 2022This is Giverny Capital's 2022 letter to partners. It explains their long-term value investing approach: though their portfolio fell 15% in 2022, it has returned 14.5% annually since 1993, beating the…2021-12-31Giverny Capital Annual Letter to Partners 2021This letter from Giverny Capital explains why holding quality stocks for the long term beats frequent trading. Over 28 years, their concentrated portfolio earned 15.7% annually, beating the market by…2020-12-31Giverny Capital Annual Letter to Partners 2020This is Giverny Capital's 2020 letter to partners. The main idea: stock markets are crazy in the short term but reward good companies over the long run. During the 2020 pandemic crash, they saw it as…
Year
Quarter
5 new positions · 8 adds · 29 trims · biggest add BFAM +80.97%
#CompanyPeriod priceTodayValueWeight %Shares (QoQ)Change %
1
Berkshire Hathaway Inc Del
BRK.B
$479.2
$181M
6.64%
379K
506K
-25.17%
-127K sh
2
Alphabet Inc C
GOOG
$286.86
$178M
6.52%
621K
640K
-2.91%
-19K sh
3
Meta Platforms Inc
META
$572.13
$176M
6.45%
308K
313K
-1.8%
-6K sh
4
Heico Corp New
HEI-A
$211.09
$156M
5.71%
738K
755K
-2.13%
-16K sh
5
Schwab Charles Corp
SCHW
$93.98
$144M
5.29%
1.54M
1.59M
-3.12%
-49K sh
6
Five Below Inc
FIVE
$228.48
$141M
5.16%
617K
638K
-3.22%
-21K sh
7
Ametek Inc
AME
$214.36
$131M
4.8%
612K
979K
-37.51%
-367K sh
8
Medpace Holdings Inc
MEDP
$480.19
$123M
4.5%
256K
263K
-2.75%
-7K sh
9
Visa Inc
V
$302.24
$120M
4.39%
396K
407K
-2.7%
-11K sh
10
Installed Bldg Prods Inc
IBP
$265.15
$107M
3.92%
404K
519K
-22.26%
-116K sh
11
Progressive Corp
PGR
$198.24
$105M
3.83%
528K
537K
-1.58%
-8K sh
12
Alphabet Inc
GOOGL
$287.56
$100M
3.67%
348K
361K
-3.58%
-13K sh
13
Keysight Technologies Inc
KEYS
$282.37
$91M
3.34%
323K
334K
-3.25%
-11K sh
14
Nvr Inc
NVR
$6589.83
$90M
3.29%
14K
14K
-3.3%
-465 sh
15
Booking Holdings Inc.
BKNG
$4210.32
$89M
3.26%
21K
21K
-1.53%
-328 sh
16
Automatic Data Proc Inc
ADP
$203.18
$85M
3.12%
419K
New
17
Markel Corp
MKL
$1914.07
$82M
3.01%
43K
44K
-2.35%
-1K sh
18
Kinsale Capital Group In
KNSL
$341.66
$75M
2.74%
219K
214K
+2.18%
+5K sh
19
Bright Horizonsfamily Solution
BFAM
$82.13
$61M
2.23%
742K
410K
+80.97%
+332K sh
20
Bank Ozk Little Rock Ark
OZK
$45.89
$56M
2.07%
1.23M
1.26M
-2.61%
-33K sh
21
Analog Devices Inc
ADI
$318.14
$54M
1.99%
171K
177K
-3.22%
-6K sh
22
Arista Networks Inc
ANET
$122.78
$52M
1.9%
423K
419K
+1%
+4K sh
23
Disney Walt Co
DIS
$96.38
$52M
1.89%
537K
544K
-1.45%
-8K sh
24
Resmed Inc
RSMDF
$224.48
$52M
1.89%
230K
235K
-2.29%
-5K sh
25
Brown & Brown
BRO
$65.21
$49M
1.8%
755K
773K
-2.23%
-17K sh
26
Littelfuse Inc
LFUS
$339.35
$27M
1%
81K
82K
-1.06%
-866 sh
27
Lululemon Athletica Inc
LULU
$153.1
$22M
0.8%
143K
144K
-1.13%
-2K sh
28
Sunbelt Rentals Hldgs In Gb Shrs
SUNB
$65.09
$18M
0.65%
271K
New
29
Aaon Inc
AAON
$82.75
$17M
0.61%
202K
New
30
Jpmorgan Chase & Co
JPM
$294.16
$15M
0.56%
52K
52K
+0.89%
+460 sh
31
Mastercard Incorporated
MA
$499.66
$14M
0.51%
28K
29K
-2.41%
-693 sh
32
Floor & Decor Hldgs Inc
FND
$50.8
$12M
0.43%
232K
236K
-1.72%
-4K sh
33
Twfg Inc
TWFG
$18.39
$10M
0.37%
552K
332K
+66.54%
+221K sh
34
Ferguson Enterprises Inc
FERG
$233.26
$9M
0.31%
37K
36K
+0.97%
+354 sh
35
Berkshire Hathaway Inc Del
BRK.B
$718140
$8M
0.29%
11
11
36
Builders Firstsource Inc
BLDR
$82.33
$8M
0.28%
92K
90K
+2.03%
+2K sh
37
Apple Inc
AAPL
$253.79
$4M
0.14%
15K
17K
-8.95%
-1K sh
38
Taiwan Semiconductor Mfg Ltd
TSM
$337.95
$3M
0.1%
8K
16K
-49.44%
-8K sh
39
Yum China Hldgs Inc
YUMC
$48.78
$2M
0.06%
36K
36K
40
Spdr Gold Tr
GLD
$430.29
$2M
0.06%
4K
4K
41
Spdr S&p 500 Etf
SPY
$650.34
$2M
0.06%
2K
2K
42
M & T Bk Corp
MTB
$206.72
$2M
0.06%
8K
8K
43
Invesco S&p500 Eq Wgt Etf
RSP
$191.92
$1M
0.04%
6K
New
44
Invesco Exch Traded Fd Tr Ii
QQQM
$237.62
$1M
0.04%
4K
New
45
Ishares Tr
EEM
$90.55
$1M
0.04%
11K
12K
-7.21%
-844 sh
46
Birkenstock Hldg Plc
BIRK
$35.83
$1M
0.04%
27K
27K
47
Old Dominion Freight Line In
ODFL
$195.4
$1M
0.04%
5K
5K
-4.74%
-249 sh
48
Copart Inc
CPRT
$33.2
$1M
0.03%
27K
27K
49
Microsoft Corp
MSFT
$370.17
$1M
0.03%
2K
2K
+12.09%
+206 sh
50
Siteone Landscape Supply Inc
SITE
$133.11
$0M
0.02%
4K
4K
51
Novo-nordisk A S
NVO
$36.75
$0M
0.02%
12K
12K