13F filing recap · Q2 2016

What did Giverny Capital buy in Q2 2016?

Reported stock-position changes between this filing and the previous one.

Stock value

$515.23M

Positions

Estimated turnover

5.3%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

JPMJPMorgan Chase & Co$769.0Kreported value+12.4K shares

Increased positions

BRK.BBerkshire Hathaway Inc$93.59Mreported value+17.3K shares+2.7%OZKBank Ozk$42.16Mreported value+56.9K shares+5.3%KMXCarmax, Inc.$41.13Mreported value+13.8K shares+1.7%LKQLkq Corporation$39.92Mreported value+39.8K shares

Reduced positions

KNGTKnight Transportation Inc$11.22Mreported value-218.0K shares-34.1%GOOGLAlphabet Inc.$4.29Mreported value-47 shares-0.8%BAMBrookfield Corporation$433.0Kreported value-818 shares-5.9%