Francois Rochon - Giverny Capital 13F Activity & Position Changes (Q1 2024)

According to the SEC 13F filed on May 13, 2024, the Giverny Capital portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2024. 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 2024, the filing reported:

New Buys - Airbnb, Inc., Booking Holdings Inc. Common St, Grayscale Bitcoin Trust (BTC)

Increases - Analog Devices, Inc., Align Technology, Inc., AMETEK, Inc., Credit Acceptance Corporation, Coherent Corp., and 25 more

Reductions - Apple Inc., Arista Networks, Bank of America Corporation, Berkshire Hathaway Inc. New, Ciena Corporation, and 5 more

Complete Exits - Autohome Inc., Alibaba Group Holding Limited, Boot Barn Holdings, Inc., Fastenal Company, CGI Inc., and 5 more

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 2024	AAPL Apple Inc.	Apple Inc.	Sell	-154	-1.5%	$1.72M	10,027
Q1 2024	ABNB Airbnb, Inc.	Airbnb, Inc.	Buy - Position Entry	+7,055	-	$1.16M	7,055
Q1 2024	ADI Analog Devices, Inc.	Analog Devices, Inc.	Buy	+5,730	+3.1%	$38.25M	193,401
Q1 2024	ALGN Align Technology, Inc.	Align Technology, Inc.	Buy	+1,709	+6.3%	$9.47M	28,871
Q1 2024	AME AMETEK, Inc.	AMETEK, Inc.	Buy	+17,686	+1.9%	$169.73M	927,977
Q1 2024	ANET Arista Networks	Arista Networks	Sell	-3,831	-3.9%	$27.72M	95,613
Q1 2024	ATHM Autohome Inc.	Autohome Inc.	Sell - Position Exit	-312,582	-100.0%	$0.00	-
Q1 2024	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell - Position Exit	-4,976	-100.0%	$0.00	-
Q1 2024	BAC Bank of America Corporation	Bank of America Corporation	Sell	-42,384	-4.1%	$37.43M	986,950
Q1 2024	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy - Position Entry	+11,294	-	$40.97M	11,294
Q1 2024	BOOT Boot Barn Holdings, Inc.	Boot Barn Holdings, Inc.	Sell - Position Exit	-8,253	-100.0%	$0.00	-
Q1 2024	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-3,881	-0.8%	$201.84M	479,975
Q1 2024	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Buy	+1,544	+6.8%	$13.33M	24,160
Q1 2024	CIEN Ciena Corporation	Ciena Corporation	Sell	-625,275	-99.9%	$32.69K	661
Q1 2024	COHR Coherent Corp.	Coherent Corp.	Buy	+8,177	+7.6%	$7.05M	116,314
Q1 2024	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+2,009	+0.9%	$28.48M	232,766
Q1 2024	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Buy	+4,812	+1.1%	$42.59M	445,718
Q1 2024	FAST Fastenal Company	Fastenal Company	Sell - Position Exit	-8,154	-100.0%	$0.00	-
Q1 2024	FBIN Fortune Brands Innovations, Inc	Fortune Brands Innovations, Inc	Sell	-449,022	-49.8%	$38.34M	452,871
Q1 2024	FERG Ferguson	Ferguson	Buy	+1,942	+7.2%	$6.31M	28,910
Q1 2024	FI Fiserv, Inc.	Fiserv, Inc.	Buy	+25,372	+5.6%	$76.75M	480,246
Q1 2024	FIVE Five Below, Inc.	Five Below, Inc.	Buy	+13,092	+2.0%	$121.01M	667,190
Q1 2024	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Sell	-14,754	-5.1%	$35.30M	272,357
Q1 2024	GBTC Grayscale Bitcoin Trust (BTC)	Grayscale Bitcoin Trust (BTC)	Buy - Position Entry	+7,442	-	$470.11K	7,442
Q1 2024	GIB CGI Inc.	CGI Inc.	Sell - Position Exit	-1,585	-100.0%	$0.00	-
Q1 2024	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+7,850	+1.2%	$98.33M	645,800
Q1 2024	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+13,278	+4.8%	$44.17M	292,664
Q1 2024	HEI-A Heico Corporation	Heico Corporation	Buy	+22,392	+3.2%	$110.68M	718,995
Q1 2024	IBP Installed Building Products, In	Installed Building Products, In	Buy	+11,586	+2.5%	$120.83M	467,012
Q1 2024	ITB iShares U.S. Home Construction	iShares U.S. Home Construction	Sell	-3,327	-22.7%	$1.31M	11,350

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