Giverny Capital Inc.
Net buyer this quarter
$2.97B
50
+$14.7M
51.5%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 GOOG | $214M | 7.19% | Not reported | -2.5% | Q3 2016 |
 HEI.A | $190M | 6.38% | Not reported | -0.4% | Q3 2016 |
 META | $171M | 5.74% | Not reported | -1.6% | Q2 2018 |
 SCHW | $155M | 5.22% | 0.10% | +9.5% | Q3 2018 |
 ADP | $147M | 4.93% | 0.16% | +56.2% | Q1 2026 |
 AME | $145M | 4.87% | 0.26% | -2.2% | Q2 2015 |
 MEDP | $134M | 4.52% | 0.91% | -0.8% | Q3 2023 |
 V | $134M | 4.50% | 0.02% | -1.6% | Q1 2015 |
 BRK.B | $124M | 4.18% | Not reported | -34.4% | Q1 2015 |
 PGR | $118M | 3.98% | 0.09% | +2.6% | Q3 2019 |
| GOOGL | $111M | 3.73% | 0.00% | -11.0% | Q3 2016 |
 FIVE | $108M | 3.62% | 1.08% | -3.1% | Q1 2017 |
 BKNG | $93.2M | 3.13% | 0.07% | -1.0% | Q2 2018 |
 IBP | $91.4M | 3.07% | 1.50% | -1.5% | Q4 2021 |
 NVR | $90.2M | 3.03% | 0.49% | -3.0% | Q3 2018 |
 KNSL | $79.4M | 2.67% | 1.06% | +10.0% | Q3 2023 |
 BFAM | $76.6M | 2.58% | 2.19% | +45.6% | Q4 2025 |
 RMD | $75.5M | 2.54% | 0.27% | +68.6% | Q3 2020 |
 OZK | $62.4M | 2.10% | Not reported | -2.7% | Q4 2018 |
 MKL | $60.3M | 2.03% | 0.25% | -28.1% | Q1 2015 |
 ANET | $57.7M | 1.94% | 0.03% | -19.7% | Q2 2020 |
 KEYS | $50.1M | 1.68% | 0.08% | -55.7% | Q1 2019 |
 DIS | $49.6M | 1.67% | 0.03% | -3.9% | Q1 2015 |
 BRO | $48.3M | 1.62% | 0.23% | -0.3% | Q4 2024 |
 ADI | $37.1M | 1.25% | 0.02% | -45.5% | Q4 2021 |
 NYT | $33.9M | 1.14% | Not reported | New | Q2 2026 |
 LFUS | $33.8M | 1.13% | 0.29% | -8.2% | Q4 2017 |
 MSA | $29M | 0.98% | 0.43% | New | Q2 2026 |
 WSO | $27.5M | 0.92% | Not reported | New | Q2 2026 |
 AAON | $26M | 0.87% | 0.25% | +1.5% | Q1 2026 |
 GLD | $25M | 0.84% | 0.00% | Not reported | Q4 2021 |
 SUNB | $21.6M | 0.73% | 0.06% | -9.0% | Q1 2026 |
 VEEV | $16.9M | 0.57% | 0.06% | New | Q2 2026 |
 AXP | $15.8M | 0.53% | 0.01% | New | Q2 2026 |
 TWFG | $15.7M | 0.53% | Not reported | +18.2% | Q2 2025 |
 JPM | $15.7M | 0.53% | 0.00% | -8.5% | Q2 2016 |
 MA | $14.8M | 0.50% | 0.00% | +2.7% | Q1 2015 |
 LULU | $14.7M | 0.49% | 0.12% | -9.7% | Q3 2017 |
 FND | $13.6M | 0.46% | 0.22% | -0.9% | Q2 2022 |
 HWKN | $13.5M | 0.45% | 0.46% | New | Q2 2026 |
 FERG | $8.87M | 0.30% | 0.02% | +1.8% | Q3 2023 |
 BLDR | $8.18M | 0.28% | 0.09% | -0.4% | Q1 2025 |
| BRK.A | $6.74M | 0.23% | Not reported | -18.2% | Q3 2017 |
 AAPL | $3.76M | 0.13% | 0.00% | -13.6% | Q3 2018 |
 TSM | $1.75M | 0.06% | 0.00% | -55.0% | Q2 2020 |
| SPY | $1.71M | 0.06% | Not reported | -7.3% | Q3 2017 |
 YUMC | $1.47M | 0.05% | 0.01% | Not reported | Q3 2024 |
 MSFT | $667K | 0.02% | 0.00% | -6.4% | Q2 2020 |
 QQQ | $288K | 0.01% | Not reported | New | Q2 2026 |
 CPRT | $233K | 0.01% | 0.00% | -69.9% | Q2 2022 |
| Q1 2026 | |||||
| BRK.B | $181M | 6.64% | Not reported | -25.2% | Q1 2015 |
| GOOG | $178M | 6.52% | Not reported | -2.9% | Q3 2016 |
| META | $176M | 6.45% | Not reported | -1.8% | Q2 2018 |
| HEI.A | $156M | 5.71% | Not reported | -2.1% | Q3 2016 |
| SCHW | $144M | 5.29% | 0.09% | -3.1% | Q3 2018 |
| FIVE | $141M | 5.16% | 1.12% | -3.2% | Q1 2017 |
| AME | $131M | 4.80% | 0.27% | -37.5% | Q2 2015 |
| MEDP | $123M | 4.50% | 0.90% | -2.8% | Q3 2023 |
| V | $120M | 4.39% | 0.02% | -2.7% | Q1 2015 |
| IBP | $107M | 3.92% | 1.50% | -22.3% | Q4 2021 |
| PGR | $105M | 3.83% | 0.09% | -1.6% | Q3 2019 |
| GOOGL | $100M | 3.67% | 0.00% | -3.6% | Q3 2016 |
| KEYS | $91.3M | 3.34% | 0.19% | -3.3% | Q1 2019 |
| NVR | $89.9M | 3.29% | 0.49% | -3.3% | Q3 2018 |
| BKNG | $88.9M | 3.26% | 0.07% | -1.5% | Q2 2018 |
| ADP | $85.2M | 3.12% | 0.10% | New | Q1 2026 |
| MKL | $82.2M | 3.01% | 0.34% | -2.4% | Q1 2015 |
| KNSL | $74.8M | 2.74% | 0.95% | +2.2% | Q3 2023 |
| BFAM | $61M | 2.23% | 1.40% | +81.0% | Q4 2025 |
| OZK | $56.5M | 2.07% | Not reported | -2.6% | Q4 2018 |
| ADI | $54.4M | 1.99% | 0.04% | -3.2% | Q4 2021 |
| ANET | $52M | 1.90% | 0.03% | +1.0% | Q2 2020 |
| DIS | $51.7M | 1.89% | 0.03% | -1.5% | Q1 2015 |
| RMD | $51.6M | 1.89% | 0.16% | -2.3% | Q3 2020 |
| BRO | $49.3M | 1.80% | 0.23% | -2.2% | Q4 2024 |
| LFUS | $27.4M | 1.00% | 0.32% | -1.1% | Q4 2017 |
| LULU | $21.8M | 0.80% | 0.13% | -1.1% | Q3 2017 |
| SUNB | $17.6M | 0.65% | 0.07% | New | Q1 2026 |
| AAON | $16.7M | 0.61% | 0.25% | New | Q1 2026 |
| JPM | $15.4M | 0.56% | 0.00% | +0.9% | Q2 2016 |
| MA | $14M | 0.51% | 0.00% | -2.4% | Q1 2015 |
| FND | $11.8M | 0.43% | 0.21% | -1.7% | Q2 2022 |
| TWFG | $10.2M | 0.37% | Not reported | +66.5% | Q2 2025 |
| FERG | $8.57M | 0.31% | 0.02% | +1.0% | Q3 2023 |
| BRK.A | $7.9M | 0.29% | Not reported | Not reported | Q3 2017 |
| BLDR | $7.56M | 0.28% | 0.09% | +2.0% | Q1 2025 |
| AAPL | $3.82M | 0.14% | 0.00% | -9.0% | Q3 2018 |
| TSM | $2.75M | 0.10% | 0.00% | -49.4% | Q2 2020 |
| YUMC | $1.76M | 0.06% | 0.01% | Not reported | Q3 2024 |
| GLD | $1.67M | 0.06% | 0.00% | Not reported | Q4 2021 |
| SPY | $1.61M | 0.06% | Not reported | Not reported | Q3 2017 |
 MTB | $1.56M | 0.06% | 0.01% | -0.1% | Q1 2015 |
 BIRK | $981K | 0.04% | 0.01% | Not reported | Q4 2024 |
 ODFL | $978K | 0.04% | 0.00% | -4.7% | Q1 2019 |
| CPRT | $912K | 0.03% | 0.00% | Not reported | Q2 2022 |
| MSFT | $707K | 0.03% | 0.00% | +12.1% | Q2 2020 |
 SITE | $500K | 0.02% | 0.01% | Not reported | Q4 2021 |
 NVO | $456K | 0.02% | Not reported | Not reported | Q3 2020 |
| Q4 2025 | |||||
| BRK.B | $254M | 8.48% | Not reported | -0.9% | Q1 2015 |
| META | $207M | 6.90% | Not reported | +0.5% | Q2 2018 |
| AME | $201M | 6.71% | 0.43% | -1.7% | Q2 2015 |
| GOOG | $201M | 6.69% | Not reported | +0.2% | Q3 2016 |
| HEI.A | $190M | 6.35% | Not reported | +0.7% | Q3 2016 |
| SCHW | $158M | 5.28% | 0.09% | +0.6% | Q3 2018 |
| MEDP | $148M | 4.93% | 0.93% | +0.6% | Q3 2023 |
| V | $143M | 4.77% | 0.02% | +0.5% | Q1 2015 |
| IBP | $135M | 4.49% | 1.92% | +0.9% | Q4 2021 |
| PGR | $122M | 4.08% | 0.09% | +0.6% | Q3 2019 |
| FIVE | $120M | 4.01% | 1.16% | +0.1% | Q1 2017 |
| BKNG | $115M | 3.83% | 0.07% | +0.5% | Q2 2018 |
| GOOGL | $113M | 3.77% | 0.00% | +0.6% | Q3 2016 |
| NVR | $103M | 3.43% | 0.50% | +0.3% | Q3 2018 |
| MKL | $94.5M | 3.15% | 0.35% | +0.3% | Q1 2015 |
| KNSL | $83.8M | 2.80% | 0.93% | +12.5% | Q3 2023 |
| KEYS | $67.9M | 2.26% | 0.19% | 0.0% | Q1 2019 |
| DIS | $61.9M | 2.07% | 0.03% | +109.1% | Q1 2015 |
| BRO | $61.6M | 2.05% | 0.23% | +139.7% | Q4 2024 |
| OZK | $58.2M | 1.94% | Not reported | +0.2% | Q4 2018 |
| RMD | $56.7M | 1.89% | 0.16% | 0.0% | Q3 2020 |
| ANET | $54.9M | 1.83% | 0.03% | +1.6% | Q2 2020 |
| ADI | $47.9M | 1.60% | 0.04% | +0.2% | Q4 2021 |
| BFAM | $41.6M | 1.39% | 0.74% | New | Q4 2025 |
| LULU | $30M | 1.00% | 0.13% | +0.2% | Q3 2017 |
| LFUS | $20.6M | 0.69% | 0.33% | +0.4% | Q4 2017 |
| JPM | $16.7M | 0.56% | 0.00% | +2.2% | Q2 2016 |
| MA | $16.4M | 0.55% | 0.00% | +3.7% | Q1 2015 |
| FND | $14.4M | 0.48% | 0.22% | -0.1% | Q2 2022 |
| TWFG | $9.54M | 0.32% | Not reported | +10.4% | Q2 2025 |
| BLDR | $9.26M | 0.31% | 0.08% | +3.3% | Q1 2025 |
| BRK.A | $8.3M | 0.28% | Not reported | Not reported | Q3 2017 |
| FERG | $8.1M | 0.27% | 0.02% | +2.5% | Q3 2023 |
| TSM | $4.84M | 0.16% | 0.00% | +96.9% | Q2 2020 |
| AAPL | $4.49M | 0.15% | 0.00% | -2.1% | Q3 2018 |
 COF | $2.01M | 0.07% | 0.00% | 0.0% | Q3 2024 |
| YUMC | $1.72M | 0.06% | 0.01% | Not reported | Q3 2024 |
| SPY | $1.69M | 0.06% | Not reported | Not reported | Q3 2017 |
| GLD | $1.54M | 0.05% | 0.00% | Not reported | Q4 2021 |
| MTB | $1.52M | 0.05% | 0.00% | Not reported | Q1 2015 |
| BIRK | $1.12M | 0.04% | 0.01% | Not reported | Q4 2024 |
| CPRT | $1.08M | 0.04% | 0.00% | Not reported | Q2 2022 |
| MSFT | $824K | 0.03% | 0.00% | +0.1% | Q2 2020 |
| ODFL | $824K | 0.03% | 0.00% | Not reported | Q1 2019 |
| NVO | $631K | 0.02% | Not reported | Not reported | Q3 2020 |
 DFH | $551K | 0.02% | Not reported | Not reported | Q4 2023 |
| SITE | $467K | 0.02% | 0.01% | Not reported | Q4 2021 |
 ISRG | $229K | 0.01% | 0.00% | Not reported | Q3 2020 |
 COST | $207K | 0.01% | 0.00% | Not reported | Q1 2022 |
| Q3 2025 | |||||
| BRK.B | $257M | 8.70% | Not reported | -0.2% | Q1 2015 |
| META | $229M | 7.76% | Not reported | -2.2% | Q2 2018 |
| HEI.A | $190M | 6.45% | Not reported | 0.0% | Q3 2016 |
| AME | $187M | 6.35% | 0.43% | 0.0% | Q2 2015 |
| GOOG | $155M | 5.27% | Not reported | -2.4% | Q3 2016 |
| SCHW | $150M | 5.10% | 0.09% | +0.5% | Q3 2018 |
| V | $138M | 4.69% | 0.02% | +1.1% | Q1 2015 |
| MEDP | $135M | 4.56% | 0.93% | 0.0% | Q3 2023 |
| PGR | $132M | 4.47% | 0.09% | +2.6% | Q3 2019 |
| IBP | $127M | 4.30% | 1.90% | +0.1% | Q4 2021 |
| BKNG | $115M | 3.90% | 0.07% | +0.3% | Q2 2018 |
| NVR | $113M | 3.83% | 0.49% | +0.3% | Q3 2018 |
| FIVE | $98.6M | 3.34% | 1.16% | +1.8% | Q1 2017 |
| GOOGL | $87.3M | 2.96% | 0.00% | -5.4% | Q3 2016 |
 FISV | $84M | 2.85% | 0.12% | +0.4% | Q1 2023 |
| MKL | $83.8M | 2.84% | 0.35% | +0.3% | Q1 2015 |
| KNSL | $81M | 2.74% | 0.82% | +6.3% | Q3 2023 |
 KMX | $74.9M | 2.54% | 1.14% | +0.9% | Q1 2015 |
| RMD | $64.4M | 2.18% | 0.16% | Not reported | Q3 2020 |
| OZK | $64.3M | 2.18% | Not reported | +0.2% | Q4 2018 |
| ANET | $60.1M | 2.04% | 0.03% | -14.5% | Q2 2020 |
| KEYS | $58.4M | 1.98% | 0.19% | +0.1% | Q1 2019 |
| ADI | $43.4M | 1.47% | 0.04% | +0.2% | Q4 2021 |
| BRO | $30.2M | 1.02% | 0.10% | +0.2% | Q4 2024 |
| DIS | $29.8M | 1.01% | 0.01% | 0.0% | Q1 2015 |
| LULU | $25.6M | 0.87% | 0.13% | 0.0% | Q3 2017 |
| LFUS | $21M | 0.71% | 0.33% | +0.2% | Q4 2017 |
| FND | $17.4M | 0.59% | 0.22% | +0.1% | Q2 2022 |
| JPM | $16M | 0.54% | 0.00% | -0.5% | Q2 2016 |
| MA | $15.8M | 0.53% | 0.00% | -0.4% | Q1 2015 |
| BLDR | $10.6M | 0.36% | 0.08% | -0.3% | Q1 2025 |
| BRK.A | $8.47M | 0.29% | Not reported | Not reported | Q3 2017 |
| TWFG | $8.24M | 0.28% | Not reported | +68.9% | Q2 2025 |
| FERG | $7.97M | 0.27% | 0.02% | -0.5% | Q3 2023 |
 ALGN | $5.72M | 0.19% | 0.06% | -1.4% | Q4 2023 |
| AAPL | $4.3M | 0.15% | 0.00% | -0.6% | Q3 2018 |
 CACC | $2.58M | 0.09% | 0.06% | -77.5% | Q4 2017 |
| TSM | $2.28M | 0.08% | 0.00% | -29.3% | Q2 2020 |
| COF | $1.76M | 0.06% | 0.00% | -10.8% | Q3 2024 |
| SPY | $1.65M | 0.06% | Not reported | Not reported | Q3 2017 |
| YUMC | $1.55M | 0.05% | 0.01% | Not reported | Q3 2024 |
| MTB | $1.49M | 0.05% | 0.00% | Not reported | Q1 2015 |
| GLD | $1.38M | 0.05% | 0.00% | Not reported | Q4 2021 |
| BIRK | $1.24M | 0.04% | 0.01% | Not reported | Q4 2024 |
| CPRT | $1.24M | 0.04% | 0.00% | Not reported | Q2 2022 |
| MSFT | $882K | 0.03% | 0.00% | -26.1% | Q2 2020 |
| DFH | $835K | 0.03% | Not reported | Not reported | Q4 2023 |
| ODFL | $740K | 0.03% | 0.00% | Not reported | Q1 2019 |
| NVO | $688K | 0.02% | Not reported | Not reported | Q3 2020 |
| SITE | $483K | 0.02% | 0.01% | Not reported | Q4 2021 |