Francois Rochon – Giverny Capital Portfolio Activity & Recent Trades (Dec 31, 2025)
As of Dec 31, 2025, the Giverny Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 13, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q4 2025, the filing reported:
Increases – TWFG, Analog Devices, Inc., Arista Networks, Inc., Booking Holdings Inc. Common St, Builders FirstSource, Inc., and 24 more
Reductions – Apple Inc., AMETEK, Inc., Berkshire Hathaway Inc. New, Capital One Financial Corporati, Floor & Decor Holdings, Inc., and 2 more
Complete Exits – Align Technology, Inc., Credit Acceptance Corporation, Fiserv, Inc., CarMax Inc
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Name | Type | Change Qty | % Change | Value | Remaining |
|---|---|---|---|---|---|---|---|
Q4 2025 | 87318A101 TWFG | TWFG | Buy | +31,194 | +10.4% | $9.54M | 331,511 |
Q4 2025 | AAPL Apple Inc. | Apple Inc. | Sell | -357 | -2.1% | $4.49M | 16,518 |
Q4 2025 | ADI Analog Devices, Inc. | Analog Devices, Inc. | Buy | +279 | +0.2% | $47.93M | 176,747 |
Q4 2025 | ALGN Align Technology, Inc. | Align Technology, Inc. | Sell - Position Exit | -45,691 | -100.0% | $0.00 | - |
Q4 2025 | AME AMETEK, Inc. | AMETEK, Inc. | Sell | -17,218 | -1.7% | $201.09M | 979,458 |
Q4 2025 | ANET Arista Networks, Inc. | Arista Networks, Inc. | Buy | +6,759 | +1.6% | $54.92M | 419,158 |
Q4 2025 | BFAM Bright Horizons Family Solution | Bright Horizons Family Solution | Buy - Position Entry | +410,196 | - | $41.59M | 410,196 |
Q4 2025 | BKNG Booking Holdings Inc. Common St | Booking Holdings Inc. Common St | Buy | +102 | +0.5% | $114.85M | 21,445 |
Q4 2025 | BLDR Builders FirstSource, Inc. | Builders FirstSource, Inc. | Buy | +2,888 | +3.3% | $9.26M | 89,984 |
Q4 2025 | BRK-B Berkshire Hathaway Inc. New | Berkshire Hathaway Inc. New | Sell | -4,660 | -0.9% | $254.33M | 505,984 |
Q4 2025 | BRO Brown & Brown, Inc. | Brown & Brown, Inc. | Buy | +450,274 | +139.7% | $61.57M | 772,520 |
Q4 2025 | CACC Credit Acceptance Corporation | Credit Acceptance Corporation | Sell - Position Exit | -6,874 | -100.0% | $0.00 | - |
Q4 2025 | COF Capital One Financial Corporati | Capital One Financial Corporati | Sell | -1 | -0.0% | $2.01M | 8,274 |
Q4 2025 | DIS Walt Disney Company (The) | Walt Disney Company (The) | Buy | +284,019 | +109.1% | $61.94M | 544,419 |
Q4 2025 | FERG Ferguson Enterprises Inc. | Ferguson Enterprises Inc. | Buy | +871 | +2.5% | $8.10M | 36,374 |
Q4 2025 | FI Fiserv, Inc. | Fiserv, Inc. | Sell - Position Exit | -651,257 | -100.0% | $0.00 | - |
Q4 2025 | FIVE Five Below, Inc. | Five Below, Inc. | Buy | +657 | +0.1% | $120.13M | 637,747 |
Q4 2025 | FND Floor & Decor Holdings, Inc. | Floor & Decor Holdings, Inc. | Sell | -272 | -0.1% | $14.36M | 235,876 |
Q4 2025 | GOOG Alphabet Inc. | Alphabet Inc. | Buy | +1,294 | +0.2% | $200.68M | 639,507 |
Q4 2025 | GOOGL Alphabet Inc. | Alphabet Inc. | Buy | +2,255 | +0.6% | $113.12M | 361,398 |
Q4 2025 | HEI-A Heico Corporation | Heico Corporation | Buy | +5,031 | +0.7% | $190.47M | 754,532 |
Q4 2025 | IBP Installed Building Products, In | Installed Building Products, In | Buy | +4,500 | +0.9% | $134.68M | 519,236 |
Q4 2025 | ISRG Intuitive Surgical, Inc. | Intuitive Surgical, Inc. | Buy - Position Entry | +405 | - | $229.38K | 405 |
Q4 2025 | ITB iShares U.S. Home Construction | iShares U.S. Home Construction | Buy | +137 | +1.2% | $1.13M | 11,698 |
Q4 2025 | JPM JP Morgan Chase & Co. | JP Morgan Chase & Co. | Buy | +1,133 | +2.2% | $16.70M | 51,838 |
Q4 2025 | KEYS Keysight Technologies Inc. | Keysight Technologies Inc. | Buy | +119 | +0.0% | $67.87M | 334,046 |
Q4 2025 | KMX CarMax Inc | CarMax Inc | Sell - Position Exit | -1,670,114 | -100.0% | $0.00 | - |
Q4 2025 | KNSL Kinsale Capital Group, Inc. | Kinsale Capital Group, Inc. | Buy | +23,802 | +12.5% | $83.80M | 214,264 |
Q4 2025 | LFUS Littelfuse, Inc. | Littelfuse, Inc. | Buy | +328 | +0.4% | $20.63M | 81,585 |
Q4 2025 | LULU lululemon athletica inc. | lululemon athletica inc. | Buy | +236 | +0.2% | $29.97M | 144,237 |