Funds › Giverny Capital (François Rochon) › Q2 2024Giverny Capital (François Rochon) 13F holdings, Q2 2024 Giverny Capital (François Rochon) disclosed 50 US equity positions worth $2.4bn in its Q2 2024 13F filing. Its largest position is BRK/B at 8.3% of the reported book, followed by AME and META. Versus Q1 2024 it opened 0 new positions, added to 29, reduced 3 and exited 3.
$2.4bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
50 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.3% Largest position The largest single position as a share of the reported equity book.
54.0% Top 10 weight The ten largest positions together, as a share of the reported equity book.
24 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 2024: 0 new , 29 added , 3 reduced , 3 exited
50 rows
Stock Sector Weight Value Shares Δ shares Action BRK/B BERKSHIRE HATHAWAY INC DEL – 8.3% $197m 484,470 +0.9% added AME AMETEK INC Industrials 6.6% $156m 936,696 +0.9% added META META PLATFORMS INC Communication Services 6.3% $150m 297,713 +0.6% added HEI/A HEICO CORP NEW – 5.4% $128m 723,697 +0.7% added GOOG ALPHABET INC Communication Services 5.0% $119m 647,436 +0.3% held KMX CARMAX INC Consumer Cyclical 4.9% $117m 1.59m +0.8% added PGR PROGRESSIVE CORP Financial Services 4.7% $111m 534,821 +0.8% added V VISA INC Financial Services 4.3% $102m 386,967 +1.2% added NVR NVR INC Consumer Cyclical 4.2% $100m 13,179 +0.3% held IBP INSTALLED BLDG PRODS INC Consumer Cyclical 4.1% $97.0m 471,552 +1.0% added BKNG BOOKING HOLDINGS INC Consumer Cyclical 3.3% $79.2m 20,003 +77% added MEDP MEDPACE HLDGS INC Healthcare 3.3% $77.5m 188,094 +1.5% added FIVE FIVE BELOW INC Consumer Cyclical 3.2% $76.0m 697,875 +4.6% added FISV FISERV INC – 3.1% $72.3m 484,933 +1.0% added KEYS KEYSIGHT TECHNOLOGIES INC Technology 2.8% $65.6m 479,558 +0.3% held MKL MARKEL GROUP INC Financial Services 2.8% $65.3m 41,471 −49% reduced SCHW SCHWAB CHARLES CORP Financial Services 2.7% $64.1m 869,813 +1.0% added GOOGL ALPHABET INC Communication Services 2.4% $56.5m 310,083 +6.0% added SBUX STARBUCKS CORP Consumer Cyclical 2.4% $55.7m 715,626 +93% added MTB M & T BK CORP Financial Services 2.2% $52.3m 345,262 −2.1% reduced OZK BANK OZK LITTLE ROCK ARK Financial Services 2.1% $49.0m 1.19m +2.5% added ADI ANALOG DEVICES INC Technology 1.9% $45.7m 200,423 +3.6% added EW EDWARDS LIFESCIENCES CORP Healthcare 1.7% $41.2m 446,016 +0.1% held BAC BANK OF AMER CORP Financial Services 1.7% $39.2m 986,115 −0.1% held LULU LULULEMON ATHLETICA INC Consumer Cyclical 1.6% $38.9m 130,113 +0.7% added ANET ARISTA NETWORKS INC Technology 1.4% $34.2m 97,619 +2.1% added FBIN FORTUNE BRANDS INNOVATIONS I Industrials 1.2% $28.9m 445,631 −1.6% reduced FND FLOOR & DECOR HLDGS INC Consumer Cyclical 1.2% $27.5m 276,298 +1.4% added DIS DISNEY WALT CO Communication Services 1.0% $23.2m 233,262 +0.2% held LFUS LITTELFUSE INC Technology 0.8% $20.1m 78,692 +0.9% added CACC CREDIT ACCEP CORP MICH Financial Services 0.5% $12.9m 25,107 +3.9% added KNSL KINSALE CAP GROUP INC Financial Services 0.5% $12.6m 32,744 +86% added MA MASTERCARD INC Financial Services 0.4% $10.4m 23,524 +3.1% added JPM JPMORGAN CHASE & CO Financial Services 0.3% $8.1m 40,226 +2.6% added ALGN ALIGN TECHNOLOGY INC Healthcare 0.3% $7.2m 29,991 +3.9% added FERGUSON PLC NEW no ticker – 0.2% $5.8m 29,765 +3.0% added BRK/A BERKSHIRE HATHAWAY INC DEL – 0.2% $4.3m 7 0.0% held SPY SPDR S&P 500 ETF Trust – 0.1% $2.6m 4,752 0.0% held AAPL APPLE INC Technology 0.09% $2.1m 10,027 0.0% held NVO NOVO-NORDISK A S Healthcare 0.07% $1.8m 12,400 0.0% held CPRT COPART INC Industrials 0.06% $1.5m 27,484 0.0% held TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 0.06% $1.4m 8,163 −0.4% held ITB ISHARES TR – 0.05% $1.3m 12,562 +11% added ABNB AIRBNB INC Consumer Cyclical 0.05% $1.1m 7,055 0.0% held GLD SPDR GOLD TRUST – 0.04% $904k 4,206 0.0% held ODFL OLD DOMINION FREIGHT LINE IN Industrials 0.04% $834k 4,724 +100% added DFH DREAM FINDERS HOMES INC Consumer Cyclical 0.04% $831k 32,202 0.0% held SLV ISHARES SILVER TRUST – 0.03% $611k 23,000 0.0% held SITE SITEONE LANDSCAPE SUPPLY INC Industrials 0.02% $456k 3,753 0.0% held GBTC GRAYSCALE BITCOIN TRUST ETF – 0.02% $396k 7,442 0.0% held
Exited since Q1 2024 3 rows
Stock Prior weight Prior value COHR COHERENT CORP 0.3% $7.1m TJX TJX COS INC NEW 0.0% $110k CIEN CIENA CORP 0.0% $32.7k
Sector mix Consumer Cyclical 25.1% Financial Services 22.3% Unclassified 17.5% Communication Services 14.7% Industrials 7.9% Technology 7.1% Healthcare 5.4% 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