Francois Rochon - Giverny Capital 13F Activity & Position Changes (Q1 2015)

According to the SEC 13F filed on Aug 14, 2026, the Giverny Capital portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2015. 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 Q1 2015, the filing reported:

New Buys - Brookfield Asset Management Ltd., Berkshire Hathaway Inc. New, Walt Disney Company (The), Fastenal Company, International Business Machines, and 12 more

Increases - None reported

Reductions - None reported

Complete Exits - None reported

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
Q1 2015	BAM Brookfield Asset Management Ltd.	Brookfield Asset Management Ltd.	Buy - Position Entry	+9,255	-	$496.00	9,255
Q1 2015	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy - Position Entry	+494,074	-	$71.30K	494,074
Q1 2015	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy - Position Entry	+326,079	-	$34.20K	326,079
Q1 2015	FAST Fastenal Company	Fastenal Company	Buy - Position Entry	+242,490	-	$10.05K	242,490
Q1 2015	IBM International Business Machines	International Business Machines	Buy - Position Entry	+92,587	-	$14.86K	92,587
Q1 2015	KMX CarMax Inc	CarMax Inc	Buy - Position Entry	+506,751	-	$34.97K	506,751
Q1 2015	LKQ LKQ Corporation	LKQ Corporation	Buy - Position Entry	+1,049,659	-	$26.83K	1,049,659
Q1 2015	MA Mastercard Incorporated	Mastercard Incorporated	Buy - Position Entry	+4,180	-	$361.00	4,180
Q1 2015	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Buy - Position Entry	+78,763	-	$14.63K	78,763
Q1 2015	MKL Markel Group Inc.	Markel Group Inc.	Buy - Position Entry	+23,646	-	$18.18K	23,646
Q1 2015	MTB M&T Bank Corporation	M&T Bank Corporation	Buy - Position Entry	+166,386	-	$21.13K	166,386
Q1 2015	ORLY O'Reilly Automotive, Inc.	O'Reilly Automotive, Inc.	Buy - Position Entry	+80,801	-	$17.47K	80,801
Q1 2015	PRAA PRA Group, Inc.	PRA Group, Inc.	Buy - Position Entry	+166,648	-	$9.05K	166,648
Q1 2015	STN Stantec Inc	Stantec Inc	Buy - Position Entry	+40,394	-	$965.00	40,394
Q1 2015	UNP Union Pacific Corporation	Union Pacific Corporation	Buy - Position Entry	+149,720	-	$16.22K	149,720
Q1 2015	V Visa Inc.	Visa Inc.	Buy - Position Entry	+286,353	-	$18.73K	286,353
Q1 2015	WFC Wells Fargo & Company	Wells Fargo & Company	Buy - Position Entry	+616,282	-	$33.53K	616,282