Francois Rochon - Giverny Capital 13F Activity & Position Changes (Q1 2022)

As of Mar 31, 2022, the Giverny Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 12, 2022. 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 2022, the filing reported:

New Buys - Costco Wholesale Corporation

Increases - AMETEK, Inc., Arista Networks, Autohome Inc., Bank of America Corporation, Credit Acceptance Corporation, and 23 more

Reductions - Apple Inc., Berkshire Hathaway Inc. New, Edwards Lifesciences Corporatio, Intercontinental Exchange Inc., Liberty Broadband Corporation, and 4 more

Complete Exits - Amazon.com, Inc., Wayfair 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
Q1 2022	AAPL Apple Inc.	Apple Inc.	Sell	-1,638	-10.1%	$2.56K	14,638
Q1 2022	AME AMETEK, Inc.	AMETEK, Inc.	Buy	+12,485	+1.6%	$107.33K	805,918
Q1 2022	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell - Position Exit	-758	-100.0%	$0.00	-
Q1 2022	ANET Arista Networks	Arista Networks	Buy	+1,599	+1.8%	$12.33K	88,735
Q1 2022	ATHM Autohome Inc.	Autohome Inc.	Buy	+2,729	+0.8%	$10.05K	330,427
Q1 2022	BAC Bank of America Corporation	Bank of America Corporation	Buy	+4,804	+0.5%	$36.37K	882,373
Q1 2022	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-116,682	-21.0%	$154.54K	437,906
Q1 2022	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Buy	+155	+1.0%	$8.30K	15,075
Q1 2022	CIEN Ciena Corporation	Ciena Corporation	Buy	+312,987	+94.0%	$39.16K	645,971
Q1 2022	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Buy - Position Entry	+350	-	$202.00	350
Q1 2022	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+397	+0.2%	$28.74K	209,559
Q1 2022	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Sell	-671	-0.2%	$47.69K	405,091
Q1 2022	FBIN Fortune Brands Innovations, Inc	Fortune Brands Innovations, Inc	Buy	+2,902	+0.5%	$43.13K	580,620
Q1 2022	FIVE Five Below, Inc.	Five Below, Inc.	Buy	+148,009	+42.7%	$78.34K	494,638
Q1 2022	FRCB First Republic Bank (San Franci	First Republic Bank (San Franci	Buy	+1,029	+3.8%	$4.58K	28,270
Q1 2022	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+1,284	+3.2%	$116.14K	41,581
Q1 2022	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+47	+0.5%	$26.22K	9,426
Q1 2022	HEI-A Heico Corporation	Heico Corporation	Buy	+13,531	+2.2%	$97.03K	631,922
Q1 2022	IBP Installed Building Products, In	Installed Building Products, In	Buy	+239,866	+152.0%	$33.59K	397,624
Q1 2022	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Sell	-1,985	-0.6%	$43.72K	330,909
Q1 2022	ITB iShares U.S. Home Construction	iShares U.S. Home Construction	Buy	+2,500	+59.8%	$396.00	6,681
Q1 2022	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Buy	+9,261	+3.5%	$37.70K	276,548
Q1 2022	KEYS Keysight Technologies Inc.	Keysight Technologies Inc.	Buy	+1,011	+0.2%	$68.86K	435,897
Q1 2022	KMX CarMax Inc	CarMax Inc	Buy	+42,742	+3.9%	$111.14K	1,151,981
Q1 2022	LBRDK Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-2,391	-6.5%	$4.67K	34,474
Q1 2022	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+408	+2.8%	$5.34K	14,955
Q1 2022	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+8,706	+3.5%	$57.15K	257,017
Q1 2022	MKL Markel Group Inc.	Markel Group Inc.	Buy	+2,245	+2.9%	$115.89K	78,559
Q1 2022	MTB M&T Bank Corporation	M&T Bank Corporation	Buy	+8,203	+2.9%	$49.25K	290,587
Q1 2022	NVR NVR, Inc.	NVR, Inc.	Buy	+109	+0.7%	$70.28K	15,731

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