Funds › Giverny Capital (François Rochon)Giverny Capital (François Rochon) 13F holdings, Q2 2026 Giverny Capital (François Rochon) disclosed 51 US equity positions worth $3.0bn in its Q2 2026 13F filing. Its largest position is GOOG at 7.2% of the reported book, followed by HEI/A and META. Versus Q1 2026 it opened 7 new positions, added to 12, reduced 27 and exited 7.
$3.0bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
51 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.2% Largest position The largest single position as a share of the reported equity book.
51.5% Top 10 weight The ten largest positions together, as a share of the reported equity book.
26 Effective positions 1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
46 Quarters on file since Q1 2015 Quarters for which this manager's 13F holdings are on record. Holdings Against Q1 2026: 7 new , 12 added , 27 reduced , 7 exited
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Stock Sector Weight Value Shares Δ shares Action GOOG ALPHABET INC Communication Services 7.2% $214m 605,460 −2.5% reduced HEI/A HEICO CORP NEW – 6.4% $190m 735,248 −0.4% held META META PLATFORMS INC Communication Services 5.7% $171m 302,888 −1.6% reduced SCHW SCHWAB CHARLES CORP Financial Services 5.2% $155m 1.68m +9.5% added ADP AUTOMATIC DATA PROCESSING IN Technology 4.9% $147m 654,556 +56% added AME AMETEK INC Industrials 4.9% $145m 598,781 −2.2% reduced MEDP MEDPACE HLDGS INC Healthcare 4.5% $134m 253,931 −0.8% reduced V VISA INC Financial Services 4.5% $134m 389,900 −1.6% reduced BRK/B BERKSHIRE HATHAWAY INC DEL – 4.2% $124m 248,447 −34% reduced PGR PROGRESSIVE CORP Financial Services 4.0% $118m 542,292 +2.6% added GOOGL ALPHABET INC Communication Services 3.7% $111m 310,118 −11% reduced FIVE FIVE BELOW INC Consumer Cyclical 3.6% $108m 598,122 −3.1% reduced BKNG BOOKING HOLDINGS INC Consumer Cyclical 3.1% $93.2m 522,664 +2375% added IBP INSTALLED BLDG PRODS INC Consumer Cyclical 3.1% $91.4m 397,662 −1.5% reduced NVR NVR INC Consumer Cyclical 3.0% $90.2m 13,238 −3.0% reduced KNSL KINSALE CAP GROUP INC Financial Services 2.7% $79.4m 240,731 +10.0% added BFAM BRIGHT HORIZONS FAM SOL IN D Consumer Cyclical 2.6% $76.6m 1.08m +46% added RMD RESMED INC Healthcare 2.5% $75.5m 387,665 +69% added OZK BANK OZK LITTLE ROCK ARK Financial Services 2.1% $62.4m 1.20m −2.7% reduced MKL MARKEL GROUP INC Financial Services 2.0% $60.3m 30,877 −28% reduced ANET ARISTA NETWORKS INC Technology 1.9% $57.7m 339,892 −20% reduced KEYS KEYSIGHT TECHNOLOGIES INC Technology 1.7% $50.1m 143,072 −56% reduced DIS DISNEY WALT CO Communication Services 1.7% $49.6m 515,567 −3.9% reduced BRO BROWN & BROWN INC Financial Services 1.6% $48.3m 753,288 −0.3% held ADI ANALOG DEVICES INC Technology 1.2% $37.1m 93,310 −45% reduced NYT NEW YORK TIMES CO Communication Services 1.1% $33.9m 484,424 – new LFUS LITTELFUSE INC Technology 1.1% $33.8m 74,125 −8.2% reduced MSA MSA SAFETY INC Industrials 1.0% $29.0m 166,305 – new WSO WATSCO INC Industrials 0.9% $27.5m 65,975 – new AAON AAON INC Industrials 0.9% $26.0m 204,779 +1.5% added GLD SPDR GOLD TRUST – 0.8% $25.0m 3,876 0.0% held SUNB SUNBELT RENTALS HOLDINGS INC Industrials 0.7% $21.6m 246,369 −9.0% reduced VEEV VEEVA SYS INC Healthcare 0.6% $16.9m 94,956 – new AXP AMERICAN EXPRESS CO Financial Services 0.5% $15.8m 46,702 – new TWFG TWFG INC – 0.5% $15.7m 652,452 +18% added JPM JPMORGAN CHASE & CO Financial Services 0.5% $15.7m 47,876 −8.5% reduced MA MASTERCARD INC Financial Services 0.5% $14.8m 28,816 +2.7% added LULU LULULEMON ATHLETICA INC Consumer Cyclical 0.5% $14.7m 128,803 −9.7% reduced FND FLOOR & DECOR HLDGS INC Consumer Cyclical 0.5% $13.6m 229,867 −0.8% reduced HWKN HAWKINS INC Basic Materials 0.5% $13.5m 94,954 – new FERG FERGUSON ENTERPRISES INC Industrials 0.3% $8.9m 37,380 +1.8% added BLDR BUILDERS FIRSTSOURCE INC Industrials 0.3% $8.2m 91,464 −0.4% held BRK/A BERKSHIRE HATHAWAY INC DEL – 0.2% $6.7m 9 −18% reduced AAPL APPLE INC Technology 0.1% $3.8m 12,995 −14% reduced TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 0.06% $1.7m 3,655 −55% reduced SPY SPDR S&P 500 ETF Trust – 0.06% $1.7m 2,294 −7.3% reduced YUMC YUM CHINA HLDGS INC Consumer Cyclical 0.05% $1.5m 36,036 0.0% held ITB ISHARES TR – 0.04% $1.2m 11,662 +7.4% added MSFT MICROSOFT CORP Technology 0.02% $667k 1,787 −6.4% reduced QQQ INVESCO QQQ TR – 0.01% $288k 391 – new
Exited since Q1 2026 7 rows
Stock Prior weight Prior value MTB M & T BK CORP 0.06% $1.6m RSP INVESCO EXCHANGE TRADED FD T 0.04% $1.2m QQQM INVESCO EXCH TRADED FD TR II 0.04% $1.0m BIRK BIRKENSTOCK HOLDING PLC 0.04% $981k ODFL OLD DOMINION FREIGHT LINE IN 0.04% $978k SITE SITEONE LANDSCAPE SUPPLY INC 0.02% $500k NVO NOVO-NORDISK A S 0.02% $456k
Sector mix Financial Services 23.7% Communication Services 19.5% Consumer Cyclical 16.4% Unclassified 12.3% Technology 11.1% Industrials 9.0% Healthcare 7.6% Basic Materials 0.5% Book over time Every quarter on file (46) Where Giverny Capital (François Rochon) was early Concentration and tenure
12.8% Median largest position, all quarters The largest single position as a share of the reported equity book.
62.6% Median top 10 weight, all quarters The ten largest positions together, as a share of the reported equity book.
Concentrated Style, by median largest position
6 Median completed holding, quarters