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

According to the SEC 13F filed on May 12, 2022, the Giverny Capital portfolio showed several notable changes in holdings as of quarter-end Mar 31, 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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