Francois Rochon - Giverny Capital 13F Activity & Position Changes (Q3 2022)

According to the SEC 13F filed on Nov 14, 2022, the Giverny Capital portfolio showed several notable changes in holdings as of quarter-end Sep 30, 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 Q3 2022, the filing reported:

New Buys - Coherent Corp.

Increases - Analog Devices, Inc., AMETEK, Inc., Arista Networks, Autohome Inc., Bank of America Corporation, and 28 more

Reductions - Alibaba Group Holding Limited, Brookfield Asset Management Ltd., JP Morgan Chase & Co., NVR, Inc., Progressive Corporation (The), and 2 more

Complete Exits - None reported

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 2022	ADI Analog Devices, Inc.	Analog Devices, Inc.	Buy	+749	+3.0%	$3.64K	26,135
Q3 2022	AME AMETEK, Inc.	AMETEK, Inc.	Buy	+19,179	+2.3%	$96.04K	846,848
Q3 2022	ANET Arista Networks	Arista Networks	Buy	+3,404	+3.8%	$10.61K	93,983
Q3 2022	ATHM Autohome Inc.	Autohome Inc.	Buy	+3,714	+1.1%	$9.83K	341,881
Q3 2022	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-75	-1.5%	$398.00	4,976
Q3 2022	BAC Bank of America Corporation	Bank of America Corporation	Buy	+2,111	+0.2%	$28.12K	931,088
Q3 2022	BAM Brookfield Asset Management Ltd.	Brookfield Asset Management Ltd.	Sell	-339	-2.0%	$681.00	16,650
Q3 2022	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+5,105	+1.1%	$123.58K	462,807
Q3 2022	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Buy	+1,012	+6.5%	$7.24K	16,534
Q3 2022	CIEN Ciena Corporation	Ciena Corporation	Buy	+7,769	+1.2%	$27.59K	682,286
Q3 2022	COHR Coherent Corp.	Coherent Corp.	Buy - Position Entry	+74,202	-	$2.59K	74,202
Q3 2022	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+2,282	+1.0%	$21.25K	225,258
Q3 2022	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Buy	+13,314	+3.2%	$35.55K	430,196
Q3 2022	FBIN Fortune Brands Innovations, Inc	Fortune Brands Innovations, Inc	Buy	+17,248	+2.8%	$34.11K	635,395
Q3 2022	FIVE Five Below, Inc.	Five Below, Inc.	Buy	+7,091	+1.2%	$84.86K	616,382
Q3 2022	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Buy	+184,778	+363.5%	$16.55K	235,613
Q3 2022	FRCB First Republic Bank (San Franci	First Republic Bank (San Franci	Buy	+190,364	+655.2%	$28.64K	219,420
Q3 2022	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+849,028	+1929.1%	$85.87K	893,040
Q3 2022	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+190,341	+1982.1%	$19.12K	199,944
Q3 2022	HEI-A Heico Corporation	Heico Corporation	Buy	+7,297	+1.1%	$76.23K	665,048
Q3 2022	IBP Installed Building Products, In	Installed Building Products, In	Buy	+6,081	+1.5%	$33.53K	413,974
Q3 2022	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Buy	+6,210	+1.8%	$31.68K	350,613
Q3 2022	ITB iShares U.S. Home Construction	iShares U.S. Home Construction	Buy	+676	+7.9%	$482.00	9,254
Q3 2022	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Sell	-255,638	-90.0%	$2.98K	28,519
Q3 2022	KEYS Keysight Technologies Inc.	Keysight Technologies Inc.	Buy	+7,118	+1.6%	$73.21K	465,237
Q3 2022	KMX CarMax Inc	CarMax Inc	Buy	+30,633	+2.6%	$81.04K	1,227,537
Q3 2022	LFUS Littelfuse, Inc.	Littelfuse, Inc.	Buy	+749	+1.1%	$13.89K	69,928
Q3 2022	LULU lululemon athletica inc.	lululemon athletica inc.	Buy	+55,338	+1199.1%	$16.76K	59,953
Q3 2022	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+497	+3.3%	$4.41K	15,507
Q3 2022	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+4,640	+1.8%	$36.42K	268,430

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