13F filing recap · Q1 2019

What did Giverny Capital buy in Q1 2019?

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

Stock value

$871.75M

Positions

Estimated turnover

13.3%

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

BACBank of America Corp$20.61Mreported value+746.9K shares KEYSKeysight Technologies, Inc.$10.12Mreported value+116.1K shares ROPRoper Technologies Inc$426.0Kreported value+1.2K shares ODFLOld Dominion Freight Line, Inc.$372.0Kreported value+2.6K shares KNXKnight-Swift Transportation Holdings Inc.$253.0Kreported value+7.7K shares

Increased positions

BRK.BBerkshire Hathaway Inc$167.17Mreported value+24.1K shares+3.0%KMXCarmax, Inc.$82.98Mreported value+33.2K shares+2.9%VVisa Inc.$47.25Mreported value+4.7K shares+1.6%GOOGAlphabet Inc.$40.30Mreported value+153 shares

Reduced positions

AMEAmetek, Inc.$63.27Mreported value-3.0K shares-0.4%MHKMohawk Industries, Inc.$27.99Mreported value-2.0K shares-0.9%UNPUnion Pacific Corp$26.22Mreported value-37.5K shares-19.3%DISWalt Disney Co/$21.08Mreported value-1.8K shares

Exited positions

BCPCBalchem Corp$178.0Kprior reported value-2.3K shares-100.0%