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Giverny Capital Inc.

Q4 2025 · Filed 2026-02-13
Market Value
$3.0B
+1.6%
Holdings
53
-2
New Purchases
2
Added To
30
Closed
4
Reduced
6
Top 10 Concentration
58.7%
Turnover
11.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOG 6.70% 5.27% +1.43% $201M
BFAM 1.39% 0.00% +1.39% $42M
DIS 2.07% 1.01% +1.06% $62M
BRO 2.05% 1.02% +1.03% $62M
GOOGL 3.77% 2.96% +0.82% $113M
FIVE 4.01% 3.34% +0.67% $120M
MEDP 4.94% 4.56% +0.37% $148M
AME 6.71% 6.35% +0.36% $201M
MKL 3.15% 2.84% +0.31% $95M
KEYS 2.27% 1.98% +0.28% $68M
IBP 4.49% 4.30% +0.19% $135M
SCHW 5.29% 5.10% +0.19% $158M
LULU 1.00% 0.87% +0.13% $30M
ADI 1.60% 1.47% +0.13% $48M
TSM 0.16% 0.08% +0.08% $5M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
FI 0.00% 2.85% -2.85% $0
KMX 0.00% 2.54% -2.54% $0
META 6.90% 7.76% -0.86% $207M
NVR 3.43% 3.83% -0.40% $103M
PGR 4.08% 4.47% -0.39% $122M
RMD 1.89% 2.18% -0.29% $57M
OZK 1.94% 2.18% -0.24% $58M
BRK-B 8.49% 8.70% -0.22% $254M
ANET 1.83% 2.04% -0.20% $55M
ALGN 0.00% 0.19% -0.19% $0
FND 0.48% 0.59% -0.11% $14M
HEI-A 6.36% 6.46% -0.10% $190M
CACC 0.00% 0.09% -0.09% $0
BKNG 3.83% 3.91% -0.07% $115M
BLDR 0.31% 0.36% -0.05% $9M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 13 $971M 32.4%
Large Cap 28 $1.7B 55.8%
Mid Cap 10 $343M 11.5%
Small Cap 1 $551K 0.0%
Micro Cap 1 $10M 0.3%

Portfolio Analytics

Avg Market Cap
$525.7B
Median Market Cap
$43.3B
Avg P/E
25.7
Median P/E
22.5
Avg Dividend Yield
0.01%
Avg Beta
1.06
# Stocks
50
# ETFs / Funds
3

Top Holdings (53 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 BRK-B 8.49% 505,984 $254M $502.65 -$2M -4,660 -0.9%
2 META 6.90% 313,449 $207M $660.09 -$22M +1,639 +0.5%
3 AME 6.71% 979,458 $201M $205.31 $14M -17,218 -1.7%
4 GOOG 6.70% 639,507 $201M $313.80 $45M +1,294 +0.2%
5 HEI-A 6.36% 754,532 $190M $252.43 $26K +5,031 +0.7%
6 SCHW 5.29% 1,585,661 $158M $99.91 $8M +9,885 +0.6%
7 MEDP 4.94% 263,320 $148M $561.65 $13M +1,518 +0.6%
8 V 4.77% 407,345 $143M $350.71 $4M +1,825 +0.5%
9 IBP 4.49% 519,236 $135M $259.39 $8M +4,500 +0.9%
10 PGR 4.08% 536,832 $122M $227.72 -$10M +2,943 +0.6%
11 FIVE 4.01% 637,747 $120M $188.36 $22M +657 +0.1%
12 BKNG 3.83% 21,445 $115M $5,355.33 -$392K +102 +0.5%
13 GOOGL 3.77% 361,398 $113M $313.00 $26M +2,255 +0.6%
14 NVR 3.43% 14,112 $103M $7,292.77 -$10M +37 +0.3%
15 MKL 3.15% 43,978 $95M $2,149.65 $11M +149 +0.3%
16 KNSL 2.80% 214,264 $84M $391.12 $3M +23,802 +12.5%
17 KEYS 2.27% 334,046 $68M $203.19 $9M +119 +0.0%
18 DIS 2.07% 544,419 $62M $113.77 $32M +284,019 +109.1%
19 BRO 2.05% 772,520 $62M $79.70 $31M +450,274 +139.7%
20 OZK 1.94% 1,264,042 $58M $46.02 -$6M +2,082 +0.2%
21 RMD 1.89% 235,388 $57M $240.87 -$8M -30 -0.0%
22 ANET 1.83% 419,158 $55M $131.03 -$5M +6,759 +1.6%
23 ADI 1.60% 176,747 $48M $271.20 $5M +279 +0.2%
24 BFAM 1.39% 410,196 $42M $101.40 +410,196 NEW
25 LULU 1.00% 144,237 $30M $207.81 $4M +236 +0.2%
26 LFUS 0.69% 81,585 $21M $252.92 -$412K +328 +0.4%
27 JPM 0.56% 51,838 $17M $322.22 $709K +1,133 +2.2%
28 MA 0.55% 28,759 $16M $570.88 $648K +1,035 +3.7%
29 FND 0.48% 235,876 $14M $60.89 -$3M -272 -0.1%
30 TWFG 0.32% 331,511 $10M $28.77 $1M +31,194 +10.4%
31 BLDR 0.31% 89,984 $9M $102.89 -$1M +2,888 +3.3%
32 BRK-A 0.28% 11 $8M $754,800.00 -$169K
33 FERG 0.27% 36,374 $8M $222.63 $125K +871 +2.5%
34 TSM 0.16% 16,069 $5M $301.00 $3M +7,906 +96.8%
35 AAPL 0.15% 16,518 $4M $271.86 $194K -357 -2.1%
36 COF 0.07% 8,274 $2M $242.36 $246K -1 -0.0%
37 YUMC 0.06% 36,036 $2M $47.74 $174K
38 SPY 0.06% 2,474 $2M $681.92 $39K
39 GLD 0.05% 3,876 $2M $396.31 $158K
40 MTB 0.05% 7,540 $2M $201.48 $29K
41 ITB 0.04% 11,698 $1M $96.30 -$113K +137 +1.2%
42 CPRT 0.04% 27,484 $1M $39.15 -$160K
43 MSFT 0.03% 1,704 $824K $483.62 -$58K +1 +0.1%
44 ODFL 0.03% 5,255 $824K $156.80 $84K
45 NVO 0.02% 12,400 $631K $50.88 -$57K
46 DFH 0.02% 32,202 $551K $17.10 -$284K
47 SITE 0.02% 3,753 $467K $124.56 -$16K
48 ISRG 0.01% 405 $229K $566.36 +405 NEW
49 COST 0.01% 240 $207K $862.34 -$15K
50 FI —% -$84M -651,257 -100.0% SOLD
51 CACC —% -$3M -6,874 -100.0% SOLD
52 KMX —% -$75M -1,670,114 -100.0% SOLD
53 ALGN —% -$6M -45,691 -100.0% SOLD

New Positions

SymbolValue% Port
BFAM $42M 1.39%
ISRG $229K 0.01%

Sold Out Positions

SymbolValue% Port
KMX —%
CACC —%
ALGN —%
FI —%
View SEC EDGAR Filings for Giverny Capital Inc. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms