1y return+5.4%S&P 500 +20.9%
3y return+39.2%S&P 500 +68.5%
5y return+35.1%S&P 500 +74.5%
10y return+176.0%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $276 against $357 in the S&P 500.2
Giverny Capital Inc.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| GOOGAlphabet Inc C | $213.9M | 7.2% | −2.5% |
| HEI/AHeico Corp New | $189.6M | 6.4% | |
| METAMeta Platforms Inc | $170.6M | 5.7% | −1.6% |
| SCHWSchwab Charles Corp | $155.2M | 5.2% | +9.5% |
| ADPAutomatic Data Proc Inc | $146.6M | 4.9% | +56.2% |
| AMEAmetek Inc | $144.9M | 4.9% | −2.2% |
| MEDPMedpace Holdings Inc | $134.5M | 4.5% | |
| VVisa Inc | $133.8M | 4.5% | −1.6% |
| BRK/BBerkshire Hathaway Inc Del | $124.3M | 4.2% | −34.4% |
| PGRProgressive Corp | $118.5M | 4.0% | +2.6% |
| GOOGLAlphabet Inc | $110.8M | 3.7% | −11.0% |
| FIVEFive Below Inc | $107.5M | 3.6% | −3.1% |
| BKNGBooking Holdings Inc. | $93.2M | 3.1% | |
| IBPInstalled Bldg Prods Inc | $91.4M | 3.1% | −1.5% |
| NVRNvr Inc | $90.2M | 3.0% | −3.0% |
| KNSLKinsale Capital Group In | $79.4M | 2.7% | +10.0% |
| BFAMBright Horizonsfamily Solution | $76.6M | 2.6% | +45.6% |
| RMDResmed Inc | $75.5M | 2.5% | +68.5% |
| OZKBank Ozk Little Rock Ark | $62.4M | 2.1% | −2.7% |
| MKLMarkel Corp | $60.3M | 2.0% | −28.1% |
| ANETArista Networks Inc | $57.7M | 1.9% | −19.7% |
| KEYSKeysight Technologies Inc | $50.1M | 1.7% | −55.7% |
| DISDisney Walt Co | $49.6M | 1.7% | −3.9% |
| BROBrown & Brown | $48.3M | 1.6% | |
| ADIAnalog Devices Inc | $37.1M | 1.2% | −45.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $110.8M |
| GOOGAlphabet Inc C | June 30, 2020 | +399.9% | $213.9M |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $15.7M |
| KEYSKeysight Technologies Inc | June 30, 2020 | +247.4% | $50.1M |
| HEI/AHeico Corp New | June 30, 2020 | +217.5% | $189.6M |
| BRK/BBerkshire Hathaway Inc Del | June 30, 2020 | +180.3% | $124.3M |
| SCHWSchwab Charles Corp | June 30, 2020 | +173.5% | $155.2M |
| PGRProgressive Corp | June 30, 2020 | +172.7% | $118.5M |
| AMEAmetek Inc | June 30, 2020 | +170.7% | $144.9M |
| LFUSLittelfuse Inc | June 30, 2020 | +166.9% | $33.8M |
Sold off last quarter
- MTBM & T Bk Corp was $1.6M
- RSPInvesco S&p500 Eq Wgt Etf was $1.2M
- QQQMInvesco Exch Traded Fd Tr II was $1.0M
- Birkenstock Hldg PLCCUSIP M2029K104 was $981K
- ODFLOld Dominion Freight Line In was $978K
- SITESiteone Landscape Supply Inc was $500K
- NVONovo-nordisk A S was $456K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +7.5% | +14.8% |
| March 31, 2026 | −6.5% | −4.6% |
| December 31, 2025 | +1.2% | +2.4% |
| September 30, 2025 | +3.7% | +7.8% |
| June 30, 2025 | +5.9% | +10.5% |
| March 31, 2025 | −1.0% | −4.6% |
| December 31, 2024 | +1.9% | +2.1% |
| September 30, 2024 | +7.1% | +5.4% |
| June 30, 2024 | −4.8% | +4.0% |
| March 31, 2024 | +12.1% | +10.0% |
| December 31, 2023 | +14.0% | +11.2% |
| September 30, 2023 | −5.1% | −3.6% |
| June 30, 2023 | +9.2% | +8.3% |
| March 31, 2023 | +5.9% | +7.0% |
| December 31, 2022 | +8.6% | +7.1% |
| September 30, 2022 | −4.0% | −5.3% |
| June 30, 2022 | −17.2% | −16.5% |
| March 31, 2022 | −8.1% | −4.9% |
| December 31, 2021 | +7.9% | +10.7% |
| September 30, 2021 | −2.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Giverny Capital Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1641864&type=13F-HR&dateb=&owner=include&count=40CIK 1641864
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1641864/000164186426000010/Filed August 26, 2026 · accession 0001641864-26-000010