Francois Rochon - Giverny Capital 13F Activity & Position Changes (Q2 2018)

As of Jun 30, 2018, the Giverny Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. 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 Q2 2018, the filing reported:

New Buys - Booking Holdings Inc. Common St, Meta Platforms, Inc.

Increases - AMETEK, Inc., Brookfield Asset Management Ltd., Berkshire Hathaway Inc., Berkshire Hathaway Inc. New, Walt Disney Company (The), and 17 more

Reductions - Credit Acceptance Corporation, LKQ Corporation, SPDR S&P 500

Complete Exits - Fastenal Company

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
Q2 2018	AME AMETEK, Inc.	AMETEK, Inc.	Buy	+135,224	+19.3%	$60.22K	834,467
Q2 2018	BAM Brookfield Asset Management Ltd.	Brookfield Asset Management Ltd.	Buy	+285	+2.2%	$536.00	13,223
Q2 2018	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy - Position Entry	+100	-	$203.00	100
Q2 2018	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Buy	+3	+100.0%	$1.69K	6
Q2 2018	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+138,130	+18.7%	$163.83K	877,758
Q2 2018	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Sell	-62,989	-98.4%	$351.00	992
Q2 2018	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+51,401	+18.0%	$35.29K	336,712
Q2 2018	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Buy	+26,971	+15.8%	$28.84K	198,137
Q2 2018	FAST Fastenal Company	Fastenal Company	Sell - Position Exit	-4,077	-100.0%	$0.00	-
Q2 2018	FBIN Fortune Brands Innovations, Inc	Fortune Brands Innovations, Inc	Buy	+78,857	+25.6%	$20.79K	387,156
Q2 2018	FWONK Liberty Media Corp Formula One Group	Liberty Media Corp Formula One Group	Buy	+113,767	+17.4%	$28.47K	766,753
Q2 2018	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+6,625	+22.6%	$40.10K	35,945
Q2 2018	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+609	+10.6%	$7.17K	6,346
Q2 2018	HEI-A Heico Corporation	Heico Corporation	Buy	+163,193	+44.4%	$32.37K	531,120
Q2 2018	KMX CarMax Inc	CarMax Inc	Buy	+178,286	+16.3%	$92.54K	1,269,874
Q2 2018	LFUS Littelfuse, Inc.	Littelfuse, Inc.	Buy	+103,450	+6792.5%	$23.95K	104,973
Q2 2018	LKQ LKQ Corporation	LKQ Corporation	Sell	-492,502	-52.1%	$14.45K	453,020
Q2 2018	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+1,590	+49.6%	$942.00	4,794
Q2 2018	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy - Position Entry	+120,428	-	$23.40K	120,428
Q2 2018	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Buy	+20,711	+19.4%	$27.35K	127,622
Q2 2018	MKL Markel Group Inc.	Markel Group Inc.	Buy	+5,987	+18.9%	$40.83K	37,653
Q2 2018	MTB M&T Bank Corporation	M&T Bank Corporation	Buy	+19,142	+17.2%	$22.23K	130,646
Q2 2018	ORLY O'Reilly Automotive, Inc.	O'Reilly Automotive, Inc.	Buy	+16,948	+18.1%	$30.30K	110,770
Q2 2018	SPY SPDR S&P 500	SPDR S&P 500	Sell	-38	-0.7%	$1.43K	5,264
Q2 2018	TJX TJX Companies, Inc. (The)	TJX Companies, Inc. (The)	Buy	+1,681	+30.7%	$680.00	7,148
Q2 2018	UNP Union Pacific Corporation	Union Pacific Corporation	Buy	+49,407	+18.4%	$45.01K	317,678
Q2 2018	V Visa Inc.	Visa Inc.	Buy	+58,516	+17.3%	$52.53K	396,592
Q2 2018	WFC Wells Fargo & Company	Wells Fargo & Company	Buy	+60,718	+18.0%	$22.12K	398,950