Giverny Capital 13F, Q4 2024
Francois Rochon · quarter ending 31 December 2024 · filed 12 August 2025 · SEC CIK 1641864
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2024
The 25 largest of 62 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2024 filing.
| Company | Ticker | Value | % of book | vs Q3 2024 |
|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | BRK/B | $229.16M | 8.4% | +3% shares |
| META PLATFORMS INC | META | $184.49M | 6.7% | unchanged |
| AMETEK INC | AME | $175.66M | 6.4% | unchanged |
| HEICO CORP NEW | HEI/A | $138.01M | 5.0% | unchanged |
| CARMAX INC | KMX | $137.59M | 5.0% | +3% shares |
| PROGRESSIVE CORP | PGR | $130.79M | 4.8% | unchanged |
| FISERV INC | FISV | $129.47M | 4.7% | +26% shares |
| VISA INC | V | $125.06M | 4.6% | unchanged |
| ALPHABET INC C | GOOG | $124.75M | 4.6% | unchanged |
| NVR INC | NVR | $110.89M | 4.0% | unchanged |
| BOOKING HOLDINGS INC. | BKNG | $105.22M | 3.9% | +3% shares |
| INSTALLED BLDG PRODS INC | IBP | $88.45M | 3.2% | +4% shares |
| MEDPACE HOLDINGS INC | MEDP | $77.84M | 2.8% | +3% shares |
| FIVE BELOW INC | FIVE | $76.84M | 2.8% | unchanged |
| MARKEL CORP | MKL | $74.80M | 2.7% | unchanged |
| SCHWAB CHARLES CORP | SCHW | $70.16M | 2.6% | unchanged |
| M & T BK CORP | MTB | $69.11M | 2.5% | unchanged |
| STARBUCKS CORP | SBUX | $68.38M | 2.5% | +4% shares |
| ALPHABET INC | GOOGL | $67.55M | 2.5% | +3% shares |
| LULULEMON ATHLETICA INC | LULU | $54.83M | 2.0% | unchanged |
| BANK OZK LITTLE ROCK ARK | OZK | $53.99M | 2.0% | unchanged |
| KEYSIGHT TECHNOLOGIES INC | KEYS | $53.30M | 1.9% | -31% shares |
| ARISTA NETWORKS INC | $45.36M | 1.7% | +285% shares | |
| BANK AMERICA CORP | BAC | $43.99M | 1.6% | unchanged |
| KINSALE CAPITAL GROUP IN | KNSL | $42.21M | 1.5% | +5% shares |
What changed since Q3 2024
Against the Q3 2024 filing, Giverny Capital opened 11 new positions, added to 16, trimmed 3, left 32 unchanged and exited 1. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001641864-25-000005, filed by Giverny Capital Inc.. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.