Skip to content
berrytrail

Search

Search managers or tickers

Giverny Capital

Q4 2020 13F · by François Rochon, CEO

As of
Dec 31, 2020
Filed
Feb 16, 2021
US stock
$1.3B · prev $1.1B
Positions
53 · prev 54
Options notional
$0
Documents
1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

  • US stock listed on a US exchange 100.0%
  • Foreign stock not listed in the US 0.0%
  • Notes debt, at principal 0.0%
  • Puts at notional value 0.0%
  • Calls at notional value 0.0%

Moves40 since the prior filing

The book

Concentrated · behaves like 19 equal-sized positions

  1. Very concentrated
  2. Concentrated
  3. Focused
  4. Diversified

Low turnover · 6.3% a year, about 15.8 years per position

  1. Low
  2. Moderate
  3. High

Top 5 positions37% of US stock

  1. BRK.B BERKSHIRE HATHAWAY Class B added−0.88 pp added−0.8812.3%
  2. KMX CarMax Inc. added−1.01 pp added−1.018.1%
  3. AME Ametek, Inc. trimmed−0.28 pp trimmed−0.286.6%
  4. V VISA Inc. added−0.40 pp added−0.405.1%
  5. GOOG Alphabet Inc. Class C added+0.11 pp added+0.115.0%

Positions53 in this filing · 1 exited

BRK.BBERKSHIRE HATHAWAY Class B12.28%690,317$160Madded+2%−0.88 pp17 q
KMXCarMax Inc.8.08%1,115,937$105Madded+3%−1.01 pp24 q
AMEAmetek, Inc.6.61%712,537$86Mtrimmed−6%−0.28 pp17 q
VVISA Inc.5.12%305,206$67Madded+1%−0.40 pp24 q
GOOGAlphabet Inc. Class C4.98%37,054$65Madded+2%+0.11 pp24 q
PGRProgressive Corporation4.96%654,224$65Madded+7%−0.37 pp6 q
HEI.AHeico Corp Cl A4.81%536,099$63Madded+2%+0.55 pp18 q
METAMeta Platforms, Inc. Class A4.60%219,590$60Madded+4%−0.48 pp11 q
NVRNVR, Inc.4.47%14,297$58Madded+2%−0.76 pp10 q
KEYSKeysight Technologies, Inc.4.09%404,190$53Madded+2%+0.48 pp8 q
SCHWThe Charles Schwab Corporation4.06%997,825$53Madded+4%+0.87 pp10 q
FIVEFive Below, Inc.4.00%297,896$52Madded+3%+0.62 pp16 q
MKLMarkel Group Inc.3.71%46,752$48Madded+5%−0.28 pp24 q
FBINFortune Brands Innovations, Inc.3.39%515,998$44Madded+3%−0.60 pp20 q
JPMJPMorgan Chase & Co.3.37%345,615$44Madded+3%+0.40 pp19 q
BACBank of America Corporation2.97%1,277,648$39Madded+1%+0.18 pp8 q
EWEdwards Lifesciences Corp2.71%387,814$35Madded+4%−0.02 pp13 q
DISThe Walt Disney Company2.62%188,443$34Madded+4%+0.56 pp24 q
ICEIntercontinental Exchange Inc.2.43%274,971$32Madded+3%−0.01 pp3 q
ATHMAutohome Inc.2.41%315,266$31Madded+62%+0.70 pp4 q
SNBRQSleep Number Corp2.07%329,758$27Madded+55%+1.11 pp4 q
GOOGLAlphabet Inc. Class A1.15%8,542$15Madded+10%+0.10 pp18 q
OZKBank OZK0.85%356,092$11Madded+1%+0.16 pp9 q
HCSGHealthcare Services Group0.78%361,849$10Madded+1%+0.08 pp10 q
SSNCSS&C Technologies Inc0.47%83,871$6Madded+17%+0.07 pp4 q
ANETArista Networks0.36%16,319$5Madded+16%+0.09 pp3 q
CACCCredit Acceptance Corp0.26%9,757$3Madded+22%+0.01 pp3 q
MAMastercard Incorporated0.26%9,645$3Madded+17%0.00 pp24 q
LBRDKLiberty Broadband Corporation Class C0.25%20,797$3Madded+16%+0.02 pp3 q
BRK.ABerkshire Hathaway Inc.0.21%8$3Mheld—14 q
FRCBFirst Republic Bk CA0.21%18,671$3Madded+12%+0.04 pp3 q
TJXTJX Companies, Inc. (The)0.21%40,027$3Madded+13%+0.03 pp14 q
SPYState Street SPDR S&P 500 ETF Trust0.14%4,937$2Mtrimmed−7%−0.02 pp14 q
JECJacobs Engineering Group0.13%16,022$2Madded+3%0.00 pp3 q
AMZNAmazon.Com Inc0.12%466$2Mtrimmed−10%−0.03 pp3 q
AAPLApple Inc.0.12%11,904$2Madded+26%+0.02 pp10 q
LULUlululemon athletica inc.0.12%4,615$2Mheld—14 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.0.08%9,377$1Mtrimmed−24%−0.01 pp3 q
MSFTMicrosoft Corp0.06%3,578$796,000added+1%−0.01 pp3 q
ODFLOld Dominion Freight Line0.06%4,067$794,000held—8 q
unresolvedBrookfield Asset Mgmt Inc0.05%16,989$701,000held—24 q
LFUSLittelfuse Inc0.05%2,788$710,000trimmed−95%−0.89 pp13 q
SBUXStarbucks Corp0.05%6,327$677,000held—2 q
SLViShares Silver Trust0.04%23,000$565,000held—2 q
ROPRoper Technologies, Inc.0.04%1,245$537,000held—8 q
FASTFastenal Co0.03%8,954$437,000held—10 q
KNXKnight-Swift Transportation Holdings Inc. Class A0.03%8,046$336,000held—8 q
NVONovo-Nordisk A/S0.03%6,200$433,000held—2 q
WWayfair Inc.0.03%1,525$344,000trimmed−65%−0.09 pp3 q
ISRGIntuitive Surgical Inc.0.01%135$110,000held—2 q
LLYEli Lilly & Co.0.01%432$73,000held—2 q
RMDResMed Inc.0.01%437$93,000held—2 q
RBARB Global, Inc.0.01%1,070$74,000held—2 q
LBRDALiberty Broadband Corporation Class A—−1,205—exited−0.02 pp—

Source

Form
13F-HR
Reading
1 defect · 1 unresolved
Accession
0001641864-21-000002
Options
none in this filing
Notes
none in this filing
SEC cross-check
SEC data set not published yet
  • The filing disagrees with its own cover page — cover page declares value 1304; table sums 1303816 (cover in thousands, table in dollars) — kept, the table is the record