Francois Rochon - Giverny Capital 13F Activity & Position Changes (Q1 2019)

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, 2019. 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 2019, the filing reported:

New Buys - Bank of America Corporation, Keysight Technologies Inc., Knight-Swift Transportation Hol, Old Dominion Freight Line, Inc., Roper Technologies, Inc.

Increases - Berkshire Hathaway Inc. New, Edwards Lifesciences Corporatio, Fortune Brands Innovations, Inc, Alphabet Inc., Alphabet Inc., and 13 more

Reductions - Apple Inc., AMETEK, Inc., Walt Disney Company (The), Liberty Media Corp Formula One Group, LKQ Corporation, and 5 more

Complete Exits - Balchem Corporation

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 2019	AAPL Apple Inc.	Apple Inc.	Sell	-51	-2.3%	$404.00	2,127
Q1 2019	AME AMETEK, Inc.	AMETEK, Inc.	Sell	-2,999	-0.4%	$63.27K	762,627
Q1 2019	BAC Bank of America Corporation	Bank of America Corporation	Buy - Position Entry	+746,916	-	$20.61K	746,916
Q1 2019	BCPC Balchem Corporation	Balchem Corporation	Sell - Position Exit	-2,266	-100.0%	$0.00	-
Q1 2019	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+24,107	+3.0%	$167.17K	832,125
Q1 2019	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-1,807	-0.9%	$21.08K	189,856
Q1 2019	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Buy	+1,745	+1.4%	$23.71K	123,923
Q1 2019	FBIN Fortune Brands Innovations, Inc	Fortune Brands Innovations, Inc	Buy	+12,496	+2.1%	$28.42K	596,993
Q1 2019	FWONK Liberty Media Corp Formula One Group	Liberty Media Corp Formula One Group	Sell	-639,292	-96.1%	$920.00	26,246
Q1 2019	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+153	+0.4%	$40.30K	34,346
Q1 2019	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+328	+5.8%	$7.02K	5,966
Q1 2019	HCSG Healthcare Services Group, Inc.	Healthcare Services Group, Inc.	Buy	+278,068	+3000.9%	$9.48K	287,334
Q1 2019	HEI-A Heico Corporation	Heico Corporation	Buy	+15,911	+3.5%	$39.73K	472,577
Q1 2019	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Buy	+15,921	+5.3%	$32.20K	318,115
Q1 2019	KEYS Keysight Technologies Inc.	Keysight Technologies Inc.	Buy - Position Entry	+116,090	-	$10.12K	116,090
Q1 2019	KMX CarMax Inc	CarMax Inc	Buy	+33,205	+2.9%	$82.98K	1,188,798
Q1 2019	KNX Knight-Swift Transportation Hol	Knight-Swift Transportation Hol	Buy - Position Entry	+7,743	-	$253.00	7,743
Q1 2019	LFUS Littelfuse, Inc.	Littelfuse, Inc.	Buy	+7,508	+7.4%	$19.85K	108,790
Q1 2019	LKQ LKQ Corporation	LKQ Corporation	Sell	-15,807	-3.6%	$11.84K	417,276
Q1 2019	LULU lululemon athletica inc.	lululemon athletica inc.	Buy	+45	+1.0%	$761.00	4,645
Q1 2019	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-35	-1.7%	$480.00	2,039
Q1 2019	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+47,703	+40.8%	$27.43K	164,573
Q1 2019	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Sell	-2,026	-0.9%	$27.99K	221,909
Q1 2019	MKL Markel Group Inc.	Markel Group Inc.	Buy	+2,085	+6.1%	$36.39K	36,523
Q1 2019	MTB M&T Bank Corporation	M&T Bank Corporation	Buy	+2,679	+2.2%	$19.85K	126,443
Q1 2019	NVR NVR, Inc.	NVR, Inc.	Buy	+324	+2.4%	$37.96K	13,719
Q1 2019	ODFL Old Dominion Freight Line, Inc.	Old Dominion Freight Line, Inc.	Buy - Position Entry	+2,577	-	$372.00	2,577
Q1 2019	ORLY O'Reilly Automotive, Inc.	O'Reilly Automotive, Inc.	Sell	-21,341	-42.6%	$11.19K	28,811
Q1 2019	OZK Bank OZK	Bank OZK	Buy	+22,680	+3.4%	$20.13K	694,672
Q1 2019	ROP Roper Technologies, Inc.	Roper Technologies, Inc.	Buy - Position Entry	+1,245	-	$426.00	1,245

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