Giverny Capital portfolio
Investment firm, Montreal · 13F holdings for the quarter ended June 30, 2026
Filed with the SEC August 26, 2026 · Next filing due by November 14, 2026
Reported value
$3.0B
up from $2.7B in Q1 2026
Positions
51
51 last quarter
Top 10 holdings
51.5%
of the portfolio
This quarter
7 new · 7 sold
11 added to, 30 trimmed
What Giverny Capital did in Q2 2026
Giverny Capital opened 7 new positions, the largest New York Times, MSA Safety and Watsco. It raised its stake in Resmed by 69% and Automatic Data Processing by 56%. It sold out of 7 positions, among them M&T Bank, Invesco S&P500 Eq Wgt ETF and Invesco Exch Traded Fd Tr II. It cut Copart by 70%, Keysight Technologies by 56% and Taiwan Semiconductor Manufacturing by 55%. Alphabet is now the largest holding, at 7.2% of the portfolio.
Biggest buys
- New York Times NYTNew
- MSA Safety MSANew
- Watsco WSONew
- Veeva Systems VEEVNew
- American Express AXPNew
Biggest sells
- M&T Bank MTBSold out
- Invesco S&P500 Eq Wgt ETF RSPSold out
- Invesco Exch Traded Fd Tr II QQQMSold out
- Birkenstock Holding BIRKSold out
- Old Dominion Freight Line ODFLSold out
Top 15 holdings
Values as reported in the 13F, not today’s prices| # | Company | Share of portfolio | Reported value | Change vs Q1 2026 | Held since |
|---|---|---|---|---|---|
| 1 | AlphabetGOOG | 7.2% | $213.9M | −2% | Q3 2024 or earlier |
| 2 | HeicoHEI-A | 6.4% | $189.6M | −0.4% | Q3 2024 or earlier |
| 3 | Meta PlatformsMETA | 5.7% | $170.6M | −2% | Q3 2024 or earlier |
| 4 | Schwab CharlesSCHW | 5.2% | $155.2M | +9% | Q3 2024 or earlier |
| 5 | Automatic Data ProcessingADP | 4.9% | $146.6M | +56% | Q1 2026 |
| 6 | Ametek Inc/AME | 4.9% | $144.9M | −2% | Q3 2024 or earlier |
| 7 | Medpace HoldingsMEDP | 4.5% | $134.5M | −0.8% | Q3 2024 or earlier |
| 8 | VisaV | 4.5% | $133.8M | −2% | Q3 2024 or earlier |
| 9 | Berkshire HathawayBRK-B | 4.2% | $124.3M | −34% | Q3 2024 or earlier |
| 10 | ProgressivePGR | 4.0% | $118.5M | +3% | Q3 2024 or earlier |
| 11 | AlphabetGOOGL | 3.7% | $110.8M | −11% | Q3 2024 or earlier |
| 12 | Five BelowFIVE | 3.6% | $107.5M | −3% | Q3 2024 or earlier |
| 13 | Booking HoldingsBKNG | 3.1% | $93.2M | Split | Q3 2024 or earlier |
| 14 | Installed Building ProductsIBP | 3.1% | $91.4M | −1% | Q3 2024 or earlier |
| 15 | NvrNVR | 3.0% | $90.2M | −3% | Q3 2024 or earlier |
36 more positions, plus every quarter’s holdings going back years.Request early access to see the full portfolio →
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About this data
- What is a 13F?
- A quarterly report to the SEC in which an investment manager with over $100 million in US-listed stocks lists what it holds.
- How current is it?
- Managers file up to 45 days after each quarter ends, so the holdings may have changed since.
- Whose figures are these?
- The values are as the manager reported them in the filing, not today's prices. The SEC lets a manager keep some positions confidential for a time, and those are not in the filing.
- What does it leave out?
- Short positions, cash, bonds and most holdings outside US markets. Options are left out here too.