We are live on ! Find out more
GC

Giverny Capital Portfolio holdings

AUM $2.73B
1-Year Est. Return 14.09%
This Fund
S&P 500
This Quarter Est. Return
-23.68%
1 Year Est. Return
+14.09%
3 Year Est. Return
+73%
5 Year Est. Return
+84.96%
10 Year Est. Return
+346.67%
AUM
$785M
AUM Growth
-$320M
Cap. Flow
-$53.8M
Cap. Flow %
-6.85%
Top 10 Hldgs %
67.51%
Holding
43
New
4
Increased
7
Reduced
21
Closed
2

Top Buys

Rank Stock Value
1
FIVE icon
Five Below
FIVE
+$26.3M
2
ATHM icon
Autohome
ATHM
+$13.7M
3
BAC icon
Bank of America
BAC
+$10.1M
4
SNBR
Sleep Number
SNBR
+$9.62M
5
PGR icon
Progressive
PGR
+$8.88M

Top Sells

Rank Stock Value
1
MTB icon
M&T Bank
MTB
+$23.7M
2
UNP icon
Union Pacific
UNP
+$18.2M
3
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$12.7M
4
ORLY icon
O'Reilly Automotive
ORLY
+$12.1M
5
LFUS icon
Littelfuse
LFUS
+$9.67M

Sector Composition

Rank Sector Weight
1 Financials 47.53%
2 Consumer Discretionary 15.17%
3 Industrials 14.51%
4 Communication Services 13.5%
5 Technology 5.38%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BRK.B icon
1
Berkshire Hathaway Class B
BRK.B
$1.1T
$152M 19.35%
830,819
-59,955
-7% -$12.7M
KMX icon
2
CarMax
KMX
$8.15B
$59.4M 7.56%
1,102,593
-67,385
-6% -$5.7M
AME icon
3
Ametek
AME
$55.6B
$52.4M 6.67%
727,694
-105,154
-13% -$9.49M
V icon
4
Visa
V
$682B
$47.3M 6.03%
293,788
-20,770
-7% -$3.91M
PGR icon
5
Progressive
PGR
$123B
$41.7M 5.31%
564,538
+115,149
+26% +$8.88M
GOOG icon
6
Alphabet (Google) Class C
GOOG
$4.33T
$39.7M 5.06%
682,840
-47,220
-6% -$3.2M
MKL icon
7
Markel Group
MKL
$23.3B
$38.2M 4.87%
41,199
+2,187
+6% +$2.5M
NVR icon
8
NVR
NVR
$16.5B
$35.7M 4.54%
13,878
-1,218
-8% -$4.37M
KEYS icon
9
Keysight
KEYS
$55.1B
$33.1M 4.21%
395,345
-2,625
-0.7% -$249K
HEI.A icon
10
HEICO Corp Class A
HEI.A
$36.1B
$30.7M 3.91%
480,490
-21,219
-4% -$1.9M
SCHW
11
Charles Schwab
SCHW
$183B
$29.8M 3.8%
887,497
-64,380
-7% -$2.7M
JPM icon
12
JPMorgan Chase
JPM
$940B
$29.1M 3.7%
322,693
-17,332
-5% -$2.11M
META icon
13
Meta Platforms (Facebook)
META
$1.4T
$28.3M 3.6%
169,415
-13,821
-8% -$2.71M
BAC icon
14
Bank of America
BAC
$436B
$27.6M 3.52%
1,300,157
+336,010
+35% +$10.1M
EW icon
15
Edwards Lifesciences
EW
$49.7B
$22.3M 2.84%
355,278
-30,267
-8% -$2.18M
FBIN icon
16
Fortune Brands Innovations
FBIN
$5.89B
$21.8M 2.78%
590,189
-146,108
-20% -$7.72M
FIVE icon
17
Five Below
FIVE
$11.9B
$18.4M 2.35%
261,868
+258,272
+7,182% +$26.3M
DIS icon
18
Walt Disney
DIS
$167B
$17.7M 2.26%
183,610
-16,330
-8% -$2.06M
ATHM icon
19
Autohome
ATHM
$2.67B
$12.3M 1.57%
+173,150
New +$13.7M
LFUS icon
20
Littelfuse
LFUS
$11.3B
$7.81M 1%
58,570
-57,800
-50% -$9.67M
GOOGL icon
21
Alphabet (Google) Class A
GOOGL
$4.33T
$7.7M 0.98%
132,540
+5,140
+4% +$348K
UNP icon
22
Union Pacific
UNP
$173B
$7.33M 0.93%
51,978
-109,966
-68% -$18.2M
HCSG icon
23
Healthcare Services Group
HCSG
$1.59B
$7.04M 0.9%
294,626
-25,084
-8% -$645K
OZK icon
24
Bank OZK
OZK
$5.59B
$5.94M 0.76%
355,481
-31,099
-8% -$799K
SNBR
25
DELISTED
Sleep Number
SNBR
$4.14M 0.53%
+216,108
New +$9.62M
1
2

Similar funds

LMIM
Lockheed Martin Investment Management Bethesda, Maryland $2.73B AUM 28.24% 1-Year Est. Return
PCM
Patient Capital Management Baltimore, Maryland $2.74B AUM 43.59% 1-Year Est. Return
CIAS
CBIZ Investment Advisory Services Independence, Ohio $2.74B AUM 14.19% 1-Year Est. Return
PA
Profund Advisors Bethesda, Maryland $2.72B AUM 47.27% 1-Year Est. Return
MASUI
MIRAE ASSET SECURITIES (USA) INC. New York $2.72B AUM 36.56% 1-Year Est. Return
XL
XN LP New York $2.72B AUM 46.67% 1-Year Est. Return
CC
Cartenna Capital Stamford, Connecticut $2.74B AUM 44.46% 1-Year Est. Return
CA
Cornerstone Advisors Asheville, North Carolina $2.72B AUM 22.17% 1-Year Est. Return

Giverny Capital's Q1 2020 Portfolio in Review

As of Q1 2020, Giverny Capital held 43 positions worth $785M, down 29% from $1.11B the previous quarter. Its ten largest holdings account for 68% of the portfolio.

Giverny Capital withdrew a net $53.8M in Q1 2020, closing 2 positions and reducing 21 holdings. Its most notable exit was M&T Bank, an estimated $23.7M position sold in full.

By sector, the portfolio is most concentrated in Financials at 48% of assets, up from 45% a quarter earlier, followed by Consumer Discretionary and Industrials.

Against the trend, Giverny Capital opened a new position in Autohome worth $12.3M.

  • Giverny Capital's largest Q1 2020 buy was Autohome: 173,150 shares worth $12.3M.
  • Giverny Capital added most to Five Below in Q1 2020, an estimated $26.3M increase.
  • Giverny Capital's biggest Q1 2020 reduction was Union Pacific, cutting an estimated $18.2M.
  • Giverny Capital fully exited M&T Bank in Q1 2020, selling an estimated $23.7M.
  • Giverny Capital's ten largest holdings make up 68% of its $785M portfolio in Q1 2020.
  • Giverny Capital opened 4 new positions and closed 2 in Q1 2020.
  • Giverny Capital's portfolio value fell 29% quarter-over-quarter to $785M.

Based on Giverny Capital's 13F filing for Q1 2020, filed 15 May 2020.