How many stocks does Giverny Capital Inc. own?

As of Q2 2020, Giverny Capital Inc. holds 49 positions in their 13F portfolio.

What is Giverny Capital Inc.'s largest holding?

BRK/B at 15.0% of portfolio, worth $150.7M.

What is Giverny Capital Inc.'s total portfolio value?

$1B as of Q2 2020, tracked across 49 holdings.

Is Giverny Capital Inc. a hedge fund?

Giverny Capital Inc. is an institutional investment manager required to file SEC 13F reports. This includes hedge funds, mutual funds, pension funds, and other institutions managing over $100M.

How often does Giverny Capital Inc. report?

13F filings are due quarterly, approximately 45 days after each quarter end.

How has Giverny Capital Inc.'s portfolio changed in Q2 2020?

View Giverny Capital Inc.'s latest portfolio changes, new positions, and exits for Q2 2020 on HoldingsIntel.

What is Giverny Capital Inc.'s investment strategy?

Giverny Capital Inc. is classified as a Concentrated Value fund based on HoldingsIntel's Fund DNA analysis of 6 behavioral dimensions.

Giverny Capital Inc.

Institutional investor · Portfolio as of Q2 2020

Q2 2020

SEC 13F snapshot

Top Holdings49 positions

Checking export access…

Activity:

				Price Trend
BRK/B Berkshire Hathaway Inc.	844,446	$150.7M	15.0%	—	$207.95	-14.16%	4 qtrssince 2019-Q3	Increased 61
KMX CarMax Inc	1.1M	$95.5M	9.5%	—	$88.00	+1.76%	4 qtrssince 2019-Q3	Decreased 0
AME AMETEK, Inc.	747,603	$66.8M	6.6%	—	$87.94	-2.41%	4 qtrssince 2019-Q3	Increased 60
V Visa Inc.	300,144	$58M	5.8%	—	$163.99	+12.37%	4 qtrssince 2019-Q3	Increased 59
GOOG Alphabet Inc.	36,324	$51.3M	5.1%	—	$61.09	+14.62%	4 qtrssince 2019-Q3	Increased 62
PGR The Progressive Corporation	603,936	$48.4M	4.8%	—	$62.35	+9.06%	4 qtrssince 2019-Q3	Increased 59
META Meta Platforms, Inc.	210,751	$47.9M	4.8%	—	$186.65	+20.50%	4 qtrssince 2019-Q3	Increased 67
NVR NVR, Inc.	14,116	$46M	4.6%	—	$3,713.39	-12.24%	4 qtrssince 2019-Q3	Increased 55
HEI/A Heico Corporation	508,738	$41.3M	4.1%	—	$95.31	-15.38%	4 qtrssince 2019-Q3	Increased 58
MKL Markel Group Inc.	44,170	$40.8M	4.1%	—	$1,151.31	-19.82%	4 qtrssince 2019-Q3	Increased 58
KEYS Keysight Technologies Inc.	402,300	$40.5M	4.0%	—	$98.61	+2.20%	4 qtrssince 2019-Q3	Increased 55
FBIN Fortune Brands Innovations, Inc.	506,373	$32.4M	3.2%	—	$42.17	+17.75%	4 qtrssince 2019-Q3	Increased 54
SCHW The Charles Schwab Corporation	956,291	$32.3M	3.2%	—	$37.54	-17.38%	4 qtrssince 2019-Q3	Increased 58
JPM JPMorgan Chase & Co.	332,123	$31.2M	3.1%	—	$96.70	-17.76%	4 qtrssince 2019-Q3	Increased 55
FIVE Five Below, Inc.	288,602	$30.9M	3.1%	—	$74.46	+43.58%	4 qtrssince 2019-Q3	Increased 59
BAC Bank of America Corporation	1.3M	$30M	3.0%	—	$23.04	-11.26%	4 qtrssince 2019-Q3	Decreased 0
EW Edwards Lifesciences Corporation	372,627	$25.8M	2.6%	—	$73.15	-5.52%	4 qtrssince 2019-Q3	Increased 53
ICE Intercontinental Exchange Inc.	256,926	$23.5M	2.3%	—	$84.55	0.00%	1 qtr	New 75
DIS The Walt Disney Company	186,183	$20.8M	2.1%	—	$125.59	-13.91%	4 qtrssince 2019-Q3	Increased 50
ATHM ADR Autohome Inc.	198,417	$15M	1.5%	—	$58.75	+6.46%	2 qtrssince 2020-Q1	Increased 52

$1B

AUM

Positions

Q2 2020

Filing

HI rating · 3.5/5

Quarterly 13F Value Change

Reported 13F value ($B)

Reported 13F values and quarter-over-quarter reported value changes; not investment returns.
Quarter	Reported value in US dollars	Reported value change
2019-Q4	$1,105,029,000	10.1545911827%
2020-Q1	$785,192,000	-28.9437652767%
2020-Q2	$1,005,642,000	28.0759355674%

Activity profile

$ moved · Q2'20

New15%Increased65%Decreased17%Exited3%

Composition

Equity vs derivatives

Equity100%Puts0%Calls0%

Holding period

Avg 2.1 quarters

<1Q24%1-4Q76%1-2Y0%2Y+0%

Q2 2020 Summary

Added ICE, CACC, ANET and 9 more; exited UNP, LUV, DAL and 1 more; increased 28, led by META (+41,336 shares); trimmed 3, led by KMX (−36,215 shares). Top move: ICE (NEW, conviction 75). Portfolio: $1.0B across 49 positions.

Portfolio Allocation

Top holdings by portfolio weight

BRK/B14.99%

KMX9.50%

AME6.64%

V5.77%

GOOG5.11%

PGR4.81%

META4.76%

NVR4.57%

HEI/A4.11%

MKL4.05%