13F filing recap · Q2 2017

What did Giverny Capital buy in Q2 2017?

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

Stock value

$618.63M

Positions

Estimated turnover

10.4%

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

FWONKLiberty Media Corporation$21.75Mreported value+594.1K shares

Increased positions

BRK.BBerkshire Hathaway Inc$117.10Mreported value+15.3K shares+2.3%KMXCarmax, Inc.$56.77Mreported value+32.7K shares+3.8%OZKBank Ozk$54.99Mreported value+52.2K shares+4.7%VVisa Inc.$31.68Mreported value+3.5K shares

Reduced positions

AMEAmetek, Inc.$40.93Mreported value-108.2K shares-13.8%DISWalt Disney Co/$36.89Mreported value-62.6K shares-15.3%LKQLkq Corporation$35.57Mreported value-244.3K shares-18.5%MHKMohawk Industries, Inc.$25.36Mreported value-2.0K shares