Francois Rochon - Giverny Capital 13F Activity & Position Changes (Q3 2020)

According to the SEC 13F filed on Nov 13, 2020, the Giverny Capital portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2020. 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 Q3 2020, the filing reported:

New Buys - Intuitive Surgical, Inc., Liberty Broadband Corporation, Eli Lilly and Company, Novo Nordisk A/S, ResMed Inc., and 2 more

Increases - Apple Inc., AMETEK, Inc., Amazon.com, Inc., Arista Networks, Inc., Brookfield Asset Management Ltd., and 20 more

Reductions - Autohome Inc., Bank of America Corporation, Berkshire Hathaway Inc. New, Walt Disney Company (The), Fortune Brands Innovations, Inc, and 9 more

Complete Exits - Charter Communications, Inc., Liberty Media Corp Formula One Group, UnitedHealth Group Incorporated

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
Q3 2020	AAPL Apple Inc.	Apple Inc.	Buy	+6,668	+241.2%	$1.09K	9,432
Q3 2020	AME AMETEK, Inc.	AMETEK, Inc.	Buy	+8,323	+1.1%	$75.14K	755,926
Q3 2020	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+58	+12.6%	$1.63K	517
Q3 2020	ANET Arista Networks, Inc.	Arista Networks, Inc.	Buy	+3,700	+35.8%	$2.91K	14,045
Q3 2020	ATHM Autohome Inc.	Autohome Inc.	Sell	-3,600	-1.8%	$18.70K	194,817
Q3 2020	BAC Bank of America Corporation	Bank of America Corporation	Sell	-312	-0.0%	$30.40K	1,262,012
Q3 2020	BAM Brookfield Asset Management Ltd.	Brookfield Asset Management Ltd.	Buy	+413	+2.5%	$562.00	16,989
Q3 2020	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Buy	+2	+33.3%	$2.56K	8
Q3 2020	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-170,289	-20.2%	$143.56K	674,157
Q3 2020	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Buy	+1,418	+21.5%	$2.72K	8,023
Q3 2020	CHTR Charter Communications, Inc.	Charter Communications, Inc.	Sell - Position Exit	-1,000	-100.0%	$0.00	-
Q3 2020	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-4,995	-2.7%	$22.48K	181,188
Q3 2020	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Buy	+795	+0.2%	$29.81K	373,422
Q3 2020	FBIN Fortune Brands Innovations, Inc	Fortune Brands Innovations, Inc	Sell	-3,726	-0.7%	$43.49K	502,647
Q3 2020	FIVE Five Below, Inc.	Five Below, Inc.	Buy	+1,450	+0.5%	$36.84K	290,052
Q3 2020	FRCB First Republic Bank (San Franci	First Republic Bank (San Franci	Buy	+7,708	+86.7%	$1.81K	16,601
Q3 2020	FWONK Liberty Media Corp Formula One Group	Liberty Media Corp Formula One Group	Sell - Position Exit	-12,274	-100.0%	$0.00	-
Q3 2020	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-164	-0.5%	$53.14K	36,160
Q3 2020	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-1,417	-15.4%	$11.41K	7,786
Q3 2020	HCSG Healthcare Services Group, Inc.	Healthcare Services Group, Inc.	Sell	-1,955	-0.5%	$7.68K	356,693
Q3 2020	HEI-A Heico Corporation	Heico Corporation	Buy	+15,408	+3.0%	$46.47K	524,146
Q3 2020	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Buy	+9,563	+3.7%	$26.66K	266,489
Q3 2020	ISRG Intuitive Surgical, Inc.	Intuitive Surgical, Inc.	Buy - Position Entry	+135	-	$96.00	135
Q3 2020	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Buy	+4,405	+1.3%	$32.40K	336,528
Q3 2020	KEYS Keysight Technologies Inc.	Keysight Technologies Inc.	Sell	-4,068	-1.0%	$39.34K	398,232
Q3 2020	KMX CarMax Inc	CarMax Inc	Buy	+12,237	+1.1%	$99.14K	1,078,615
Q3 2020	LBRDA Liberty Broadband Corporation	Liberty Broadband Corporation	Buy - Position Entry	+1,205	-	$171.00	1,205
Q3 2020	LBRDK Liberty Broadband Corporation	Liberty Broadband Corporation	Buy	+8,419	+88.6%	$2.56K	17,926
Q3 2020	LFUS Littelfuse, Inc.	Littelfuse, Inc.	Sell	-741	-1.3%	$10.20K	57,501
Q3 2020	LLY Eli Lilly and Company	Eli Lilly and Company	Buy - Position Entry	+432	-	$64.00	432

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