Giverny Capital 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Giverny Capital disclosed 55 US equity positions worth $2.9bn in its Q2 2025 13F filing. The largest position was BRK/B at 8.5% of the reported book, followed by META and HEI/A. Against the Q1 2025 filing, it opened 2 new positions, added to 34 and reduced 5 among the top 50 holdings.
What did Giverny Capital own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | BRK/B BERKSHIRE HATHAWAY INC DEL | 8.5% | $248.6m | 511,784 | 2% | added | |
| 2 | META META PLATFORMS INC | Communication Services | 8.1% | $235.4m | 318,902 | 1% | added |
| 3 | HEI/A HEICO CORP NEW | 6.7% | $193.9m | 749,492 | 1% | added | |
| 4 | AME AMETEK INC | Industrials | 6.2% | $180.3m | 996,344 | 2% | added |
| 5 | SCHW SCHWAB CHARLES CORP | Financial Services | 4.9% | $143.0m | 1,567,495 | 65% | added |
| 6 | V VISA INC | Financial Services | 4.9% | $142.5m | 401,297 | 2% | added |
| 7 | PGR PROGRESSIVE CORP | Financial Services | 4.8% | $138.9m | 520,367 | -2% | reduced |
| 8 | BKNG BOOKING HOLDINGS INC. | Consumer Cyclical | 4.2% | $123.3m | 21,290 | 1% | added |
| 9 | GOOG ALPHABET INC C | Communication Services | 4.0% | $116.0m | 653,717 | 0% | held |
| 10 | FISV FISERV INC | 3.8% | $111.8m | 648,574 | 3% | added | |
| 11 | KMX CARMAX INC | Consumer Cyclical | 3.8% | $111.3m | 1,655,930 | 1% | added |
| 12 | NVR NVR INC | Consumer Cyclical | 3.6% | $103.7m | 14,038 | 4% | added |
| 13 | IBP INSTALLED BLDG PRODS INC | Consumer Cyclical | 3.2% | $92.8m | 514,459 | 1% | added |
| 14 | MKL MARKEL CORP | Financial Services | 3.0% | $87.3m | 43,696 | 1% | added |
| 15 | KNSL KINSALE CAPITAL GROUP IN | Financial Services | 3.0% | $86.7m | 179,153 | 5% | added |
| 16 | MEDP MEDPACE HOLDINGS INC | Healthcare | 2.8% | $82.2m | 261,755 | 4% | added |
| 17 | FIVE FIVE BELOW INC | Consumer Cyclical | 2.8% | $82.1m | 625,871 | 1% | added |
| 18 | SBUX STARBUCKS CORP | Consumer Cyclical | 2.4% | $68.7m | 750,248 | 0% | held |
| 19 | GOOGL ALPHABET INC | Communication Services | 2.3% | $66.9m | 379,617 | 6% | added |
| 20 | OZK BANK OZK LITTLE ROCK ARK | Financial Services | 2.0% | $59.2m | 1,258,996 | 4% | added |
| 21 | KEYS KEYSIGHT TECHNOLOGIES INC | Technology | 1.9% | $54.7m | 333,585 | 1% | added |
| 22 | ANET ARISTA NETWORKS INC | Technology | 1.7% | $49.4m | 482,561 | – | new |
| 23 | BAC BANK AMERICA CORP | Financial Services | 1.6% | $47.5m | 1,004,119 | 1% | added |
| 24 | ADI ANALOG DEVICES INC | Technology | 1.4% | $41.9m | 176,111 | 3% | added |
| 25 | BRO BROWN & BROWN | Financial Services | 1.2% | $35.7m | 321,637 | 9% | added |
| 26 | LULU LULULEMON ATHLETICA INC | Consumer Cyclical | 1.2% | $34.2m | 143,977 | 1% | added |
| 27 | DIS DISNEY WALT CO | Communication Services | 1.1% | $32.3m | 260,475 | 5% | added |
| 28 | LFUS LITTELFUSE INC | Technology | 0.6% | $18.4m | 81,112 | 1% | added |
| 29 | FND FLOOR & DECOR HLDGS INC | Consumer Cyclical | 0.6% | $17.9m | 235,831 | 1% | added |
| 30 | MA MASTERCARD INCORPORATED | Financial Services | 0.5% | $15.6m | 27,841 | 3% | added |
| 31 | CACC CREDIT ACCEP CORP MICH | Financial Services | 0.5% | $15.5m | 30,501 | 2% | added |
| 32 | JPM JPMORGAN CHASE & CO | Financial Services | 0.5% | $14.8m | 50,950 | 15% | added |
| 33 | BLDR BUILDERS FIRSTSOURCE INC | Industrials | 0.3% | $10.2m | 87,317 | 6% | added |
| 34 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 0.3% | $8.8m | 46,358 | 3% | added |
| 35 | BRK/A BERKSHIRE HATHAWAY INC DEL | 0.3% | $8.0m | 11 | 0% | held | |
| 36 | FERG FERGUSON ENTERPRISES INC | Industrials | 0.3% | $7.8m | 35,679 | 4% | added |
| 37 | TWFG TWFG INC | 0.2% | $6.2m | 177,848 | – | new | |
| 38 | AAPL APPLE INC | Technology | 0.1% | $3.5m | 16,976 | 81% | added |
| 39 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 0.1% | $2.6m | 11,550 | 0% | held |
| 40 | COF CAPITAL ONE FC | Financial Services | 0.1% | $2.0m | 9,274 | -24% | reduced |
| 41 | YUMC YUM CHINA HLDGS INC | Consumer Cyclical | 0.1% | $1.6m | 36,036 | 0% | held |
| 42 | SPY SPDR S&P 500 ETF | 0.1% | $1.5m | 2,474 | -4% | reduced | |
| 43 | MTB M & T BK CORP | Financial Services | 0.1% | $1.5m | 7,540 | -98% | reduced |
| 44 | CPRT COPART INC | Industrials | 0.0% | $1.3m | 27,484 | 0% | held |
| 45 | BIRK BIRKENSTOCK HLDG PLC | Consumer Cyclical | 0.0% | $1.3m | 27,392 | 0% | held |
| 46 | GLD SPDR GOLD TR | 0.0% | $1.2m | 3,876 | -1% | reduced | |
| 47 | MSFT MICROSOFT CORP | Technology | 0.0% | $1.1m | 2,303 | 16% | added |
| 48 | ITB ISHARES TR | 0.0% | $1.1m | 11,518 | 5% | added | |
| 49 | NVO NOVO-NORDISK A S | Healthcare | 0.0% | $855.8k | 12,400 | 0% | held |
| 50 | ODFL OLD DOMINION FREIGHT LINE IN | Industrials | 0.0% | $852.9k | 5,255 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.