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
+8.66%
1 Year Est. Return
+14.09%
3 Year Est. Return
+73%
5 Year Est. Return
+84.96%
10 Year Est. Return
+346.67%
AUM
$2.92B
AUM Growth
+$203M
Cap. Flow
+$41.9M
Cap. Flow %
1.44%
Top 10 Hldgs %
56.03%
Holding
56
New
2
Increased
37
Reduced
5
Closed
1

Top Buys

Rank Stock Value
1
SCHW
Charles Schwab
SCHW
+$51.8M
2
TWFG
TWFG Inc
TWFG
+$5.93M
3
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$4.29M
4
KNSL icon
Kinsale Capital Group
KNSL
+$4.28M
5
NVR icon
NVR
NVR
+$3.93M

Top Sells

Rank Stock Value
1
MTB icon
M&T Bank
MTB
+$63.5M
2
PGR icon
Progressive
PGR
+$2.41M
3
PMMF
iShares Prime Money Market ETF
PMMF
+$1.29M
4
COF icon
Capital One
COF
+$560K
5
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$53.2K

Sector Composition

Rank Sector Weight
1 Financials 36.11%
2 Consumer Discretionary 21.88%
3 Communication Services 15.45%
4 Industrials 13.54%
5 Technology 9.72%
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
$249M 8.53%
511,784
+8,452
+2% +$4.29M
META icon
2
Meta Platforms (Facebook)
META
$1.4T
$235M 8.07%
318,902
+3,758
+1% +$2.32M
HEI.A icon
3
HEICO Corp Class A
HEI.A
$36.1B
$194M 6.65%
749,492
+7,481
+1% +$1.64M
AME icon
4
Ametek
AME
$55.6B
$180M 6.18%
996,344
+18,910
+2% +$3.25M
SCHW
5
Charles Schwab
SCHW
$183B
$143M 4.9%
1,567,495
+618,429
+65% +$51.8M
V icon
6
Visa
V
$682B
$142M 4.89%
401,297
+7,748
+2% +$2.7M
PGR icon
7
Progressive
PGR
$123B
$139M 4.76%
520,367
-8,787
-2% -$2.41M
BKNG icon
8
Booking.com
BKNG
$151B
$123M 4.23%
532,250
+3,950
+0.7% +$809K
GOOG icon
9
Alphabet (Google) Class C
GOOG
$4.33T
$116M 3.98%
653,717
+2,271
+0.3% +$375K
FISV
10
Fiserv Inc
FISV
$28.6B
$112M 3.84%
648,574
+18,941
+3% +$3.43M
KMX icon
11
CarMax
KMX
$8.14B
$111M 3.82%
1,655,930
+14,308
+0.9% +$962K
NVR icon
12
NVR
NVR
$16.5B
$104M 3.56%
14,038
+548
+4% +$3.93M
IBP icon
13
Installed Building Products
IBP
$6.04B
$92.8M 3.18%
514,459
+6,386
+1% +$1.06M
MKL icon
14
Markel Group
MKL
$23.3B
$87.3M 2.99%
43,696
+294
+0.7% +$551K
KNSL icon
15
Kinsale Capital Group
KNSL
$8.1B
$86.7M 2.97%
179,153
+9,186
+5% +$4.28M
MEDP icon
16
Medpace
MEDP
$16B
$82.2M 2.82%
261,755
+9,818
+4% +$2.95M
FIVE icon
17
Five Below
FIVE
$11.9B
$82.1M 2.82%
625,871
+4,281
+0.7% +$417K
SBUX icon
18
Starbucks
SBUX
$121B
$68.7M 2.36%
750,248
+3,562
+0.5% +$309K
GOOGL icon
19
Alphabet (Google) Class A
GOOGL
$4.33T
$66.9M 2.29%
379,617
+20,014
+6% +$3.28M
OZK icon
20
Bank OZK
OZK
$5.59B
$59.2M 2.03%
1,258,996
+49,483
+4% +$2.16M
KEYS icon
21
Keysight
KEYS
$55.1B
$54.7M 1.87%
333,585
+2,574
+0.8% +$392K
ANET icon
22
Arista Networks
ANET
$228B
$49.4M 1.69%
482,561
+16,033
+3% +$1.39M
BAC icon
23
Bank of America
BAC
$436B
$47.5M 1.63%
1,004,119
+6,118
+0.6% +$257K
ADI icon
24
Analog Devices
ADI
$179B
$41.9M 1.44%
176,111
+4,771
+3% +$993K
BRO icon
25
Brown & Brown
BRO
$23.4B
$35.7M 1.22%
321,637
+27,034
+9% +$3.04M
1
2 3

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 Q2 2025 Portfolio in Review

As of Q2 2025, Giverny Capital held 56 positions worth $2.92B, up 7.5% from $2.71B the previous quarter. Its ten largest holdings account for 56% of the portfolio.

Giverny Capital's Q2 2025 filing shows 2 new, 37 increased, 5 reduced and 1 closed positions. Its largest new stake was TWFG Inc: 177,848 shares worth $6.22M. The largest sale was M&T Bank, an estimated $63.5M.

By sector, the portfolio is most concentrated in Financials at 36% of assets, down from 38% a quarter earlier, followed by Consumer Discretionary and Communication Services.

  • Giverny Capital's largest Q2 2025 buy was TWFG Inc: 177,848 shares worth $6.22M.
  • Giverny Capital added most to Charles Schwab in Q2 2025, an estimated $51.8M increase.
  • Giverny Capital's biggest Q2 2025 reduction was M&T Bank, cutting an estimated $63.5M.
  • Giverny Capital fully exited iShares Prime Money Market ETF in Q2 2025, selling an estimated $1.29M.
  • Giverny Capital's ten largest holdings make up 56% of its $2.92B portfolio in Q2 2025.
  • Giverny Capital opened 2 new positions and closed 1 in Q2 2025.
  • Giverny Capital's portfolio value rose 7.5% quarter-over-quarter to $2.92B.

Based on Giverny Capital's 13F filing for Q2 2025, filed 13 Aug 2025.