Latest Giverny Capital Inc. Stock Portfolio

$2.73Billion– No. of Holdings #51

Giverny Capital Inc. Performance:

2026 Q1: -6.29%YTD: -6.29%2025: 11.15%

Performance for 2026 Q1 is -6.29%, and YTD is -6.29%, and 2025 is 11.15%.

About Giverny Capital Inc. and 13F Hedge Fund Stock Holdings

Giverny Capital Inc. is a hedge fund based in Canada. On 2026-05-15, the fund reported it's updated stock portfolio. In the 13F Holdings report, Giverny Capital Inc. reported an equity portfolio of $2.7 Billions as of 31 Mar, 2026.

The top stock holdings of Giverny Capital Inc. are , GOOG, META. The fund has invested 6.6% of it's portfolio in BERKSHIRE HATHAWAY INC DEL and 6.5% of portfolio in ALPHABET INC C.

The fund managers got completely rid off CAPITAL ONE FC (COF), DREAM FINDERS HOMES (DFH) and INTUITIVE SURGICAL INC (ISRG) stocks. They significantly reduced their stock positions in TAIWAN SEMICONDUCTOR MFG LTD (TSM), AMETEK INC (AME) and BERKSHIRE HATHAWAY INC DEL. Giverny Capital Inc. opened new stock positions in AUTOMATIC DATA PROC INC (ADP), SUNBELT RENTALS HLDGS IN GB SHRS and AAON INC (AAON). The fund showed a lot of confidence in some stocks as they added substantially to BRIGHT HORIZONSFAMILY SOLUTION (BFAM), TWFG INC and MICROSOFT CORP (MSFT).

Giverny Capital Inc. Equity Portfolio Value

Last Reported on: 15 May, 2026

Giverny Capital Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Giverny Capital Inc. made a return of -6.29% in the last quarter. In trailing 12 months, it's portfolio return was 5.06%.

Performance
S&P 500

New Buys

Ticker	$ Bought
automatic data proc inc	85,150,700
sunbelt rentals hldgs in gb shrs	17,629,200
aaon inc	16,701,600
invesco s&p500 eq wgt etf	1,171,670
invesco exch traded fd tr ii	1,003,230

New stocks bought by Giverny Capital Inc.

Additions

Ticker	% Inc.
bright horizonsfamily solution	80.97
twfg inc	66.54
microsoft corp	12.09
kinsale capital group in	2.18
builders firstsource inc	2.03
arista networks inc	1.00
ferguson enterprises inc	0.97
jpmorgan chase & co	0.89

Additions to existing portfolio by Giverny Capital Inc.

Reductions

Ticker	% Reduced
taiwan semiconductor mfg ltd	-49.44
ametek inc	-37.51
berkshire hathaway inc del	-25.17
installed bldg prods inc	-22.26
apple inc	-8.95
ishares tr	-7.21
old dominion freight line in	-4.74
alphabet inc	-3.58

Giverny Capital Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
dream finders homes	-550,654
capital one fc	-2,005,290
intuitive surgical inc	-229,376
costco whsl corp new	-206,962

Giverny Capital Inc. got rid off the above stocks

Sector Distribution

Giverny Capital Inc. has about 22.2% of it's holdings in Financial Services sector.

Financial Services
Consumer Cyclical
Communication Services
Industrials
Others
Technology
Healthcare

Sector	%
Financial Services	22.2
Consumer Cyclical	19.2
Communication Services	18.5
Industrials	14.6
Others	10.7
Technology	8.4
Healthcare	6.4

Market Cap. Distribution

Giverny Capital Inc. has about 78.4% of it's portfolio invested in the large-cap and mega-cap stocks.

LARGE-CAP
MEGA-CAP
MID-CAP
UNALLOCATED

Category	%
LARGE-CAP	56.1
MEGA-CAP	22.3
MID-CAP	11
UNALLOCATED	10.7

Stocks belong to which Index?

About 64.1% of the stocks held by Giverny Capital Inc. either belong to S&P 500 or RUSSELL 2000 index.

S&P 500
Others
RUSSELL 2000

Index	%
S&P 500	59.6
Others	35.9
RUSSELL 2000	4.5

Top 5 Winners (%)		%
KEYS	keysight technologies inc	38.3 %
LFUS	littelfuse inc	34.0 %
ODFL	old dominion freight line in	24.0 %
FIVE	five below inc	21.0 %
ADI	analog devices inc	17.0 %

Top 5 Winners ($)		$
KEYS	keysight technologies inc	26.0 M
FIVE	five below inc	25.2 M
ADI	analog devices inc	8.2 M
AME	ametek inc	7.2 M
LFUS	littelfuse inc	7.0 M

Top 5 Losers (%)		%
	twfg inc	-31.1 %
NVO	novo-nordisk a s	-27.8 %
LULU	lululemon athletica inc	-26.2 %
MSFT	microsoft corp	-22.5 %
BKNG	booking holdings inc.	-21.2 %

Top 5 Losers ($)		$
HEI	heico corp new	-30.9 M
META	meta platforms inc	-27.3 M
BKNG	booking holdings inc.	-24.4 M
MEDP	medpace holdings inc	-21.2 M
V	visa inc	-19.5 M

Giverny Capital Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Giverny Capital Inc.

Giverny Capital Inc. has 51 stocks in it's portfolio. About 53.4% of the portfolio is in top 10 stocks. HEI proved to be the most loss making stock for the portfolio. KEYS was the most profitable stock for Giverny Capital Inc. last quarter.

Last Reported on: 15 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAON	aaon inc	0.61	201,832	16,701,600	new

AAPL	apple inc	0.14	15,040	3,817,000	reduced	-8.95

AAXJ	ishares tr	0.04	10,854	982,830	reduced	-7.21

ADI	analog devices inc	1.99	171,052	54,418,500	reduced	-3.22

ADP	automatic data proc inc	3.12	419,090	85,150,700	new

AME	ametek inc	4.80	612,058	131,201,000	reduced	-37.51

ANET	arista networks inc	1.90	423,361	51,981,500	added	1.00

BAB	invesco exch traded fd tr ii	0.04	4,222	1,003,230	new

BFAM	bright horizonsfamily solution	2.23	742,329	60,967,500	added	80.97

BKNG	booking holdings inc.	3.26	527,925	88,909,300	reduced	-1.53

BLDR	builders firstsource inc	0.28	91,813	7,558,960	added	2.03

BRO	brown & brown	1.80	755,269	49,251,100	reduced	-2.23

COF	capital one fc	0.00	0.00	0.00	sold off	-100

COST	costco whsl corp new	0.00	0.00	0.00	sold off	-100

CPRT	copart inc	0.03	27,484	912,469	unchanged	0.00

CSD	invesco s&p500 eq wgt etf	0.04	6,105	1,171,670	new

DFH	dream finders homes	0.00	0.00	0.00	sold off	-100

DIS	disney walt co	1.89	536,514	51,709,200	reduced	-1.45

FIVE	five below inc	5.16	617,191	141,016,000	reduced	-3.22

FND	floor & decor hldgs inc	0.43	231,829	11,776,900	reduced	-1.72