13F filing recap · Q1 2026
What did Giverny Capital buy in Q1 2026?
Reported stock-position changes between this filing and the previous one.
Stock value
$2.73B
Positions
51
Estimated turnover
13.4%
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.
Quarter in review
Giverny Capital opened new positions in Automatic Data Processing, Sunbelt Rentals Holdings, Aaon, and two Invesco ETFs, while exiting Capital One Financial, Costco Wholesale, Dream Finders Homes, and Intuitive Surgical. The firm trimmed Berkshire Hathaway and Installed Building Products moderately, and reduced Ametek substantially. Notable increases included Bright Horizons Family Solutions and Twfg, both up substantially, along with a moderate add to Microsoft.