Francois Rochon - Giverny Capital 13F Activity & Position Changes (Q3 2023)

As of Sep 30, 2023, the Giverny Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 13, 2023. 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 2023, the filing reported:

New Buys - Ferguson Enterprises Inc.

Increases - Apple Inc., Analog Devices, Inc., AMETEK, Inc., Bank of America Corporation, Berkshire Hathaway Inc. New, and 29 more

Reductions - Arista Networks, Inc., Autohome Inc., Brookfield Corporation, Berkshire Hathaway Inc., Ciena Corporation, and 7 more

Complete Exits - Levi Strauss & Co, Sleep Number Corporation, SS&C Technologies Holdings, 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
Q3 2023	AAPL Apple Inc.	Apple Inc.	Buy	+11	+0.1%	$2.46M	14,349
Q3 2023	ADI Analog Devices, Inc.	Analog Devices, Inc.	Buy	+2,607	+1.4%	$32.59M	186,113
Q3 2023	AME AMETEK, Inc.	AMETEK, Inc.	Buy	+4,556	+0.5%	$132.55M	897,056
Q3 2023	ANET Arista Networks, Inc.	Arista Networks, Inc.	Sell	-5,257	-5.1%	$18.15M	98,700
Q3 2023	ATHM Autohome Inc.	Autohome Inc.	Sell	-149	-0.0%	$10.41M	343,137
Q3 2023	BAC Bank of America Corporation	Bank of America Corporation	Buy	+41,528	+4.2%	$28.13M	1,027,404
Q3 2023	BN Brookfield Corporation	Brookfield Corporation	Sell	-1,552	-9.6%	$458.76K	14,671
Q3 2023	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-3	-33.3%	$3.19M	6
Q3 2023	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+6,097	+1.3%	$166.84M	476,290
Q3 2023	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Buy	+1,356	+6.5%	$10.17M	22,104
Q3 2023	CIEN Ciena Corporation	Ciena Corporation	Sell	-68,069	-9.7%	$30.03M	635,463
Q3 2023	COHR Coherent Corp.	Coherent Corp.	Buy	+607,517	+606.3%	$23.10M	707,710
Q3 2023	CPRT Copart, Inc.	Copart, Inc.	Buy	+13,742	+100.0%	$1.18M	27,484
Q3 2023	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+262	+0.1%	$18.71M	230,818
Q3 2023	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Buy	+706	+0.2%	$30.52M	440,602
Q3 2023	FBIN Fortune Brands Innovations, Inc	Fortune Brands Innovations, Inc	Sell	-1,384	-0.2%	$55.97M	900,458
Q3 2023	FERG Ferguson Enterprises Inc.	Ferguson Enterprises Inc.	Buy - Position Entry	+26,185	-	$4.31M	26,185
Q3 2023	FI Fiserv, Inc.	Fiserv, Inc.	Buy	+48,088	+17.7%	$36.04M	319,094
Q3 2023	FIVE Five Below, Inc.	Five Below, Inc.	Buy	+10,845	+1.7%	$103.71M	644,566
Q3 2023	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Buy	+5,496	+2.0%	$25.65M	283,455
Q3 2023	GIB CGI Inc.	CGI Inc.	Buy	+13	+0.8%	$224.65K	1,678
Q3 2023	GLD SPDR Gold Trust	SPDR Gold Trust	Sell	-75	-1.8%	$721.12K	4,206
Q3 2023	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-712	-0.1%	$119.50M	906,324
Q3 2023	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+11,236	+5.0%	$30.64M	234,124
Q3 2023	HEI-A Heico Corporation	Heico Corporation	Buy	+17,629	+2.5%	$92.84M	718,453
Q3 2023	IBP Installed Building Products, In	Installed Building Products, In	Buy	+4,542	+1.1%	$54.06M	432,898
Q3 2023	ITB iShares U.S. Home Construction	iShares U.S. Home Construction	Buy	+757	+5.7%	$1.10M	13,962
Q3 2023	IYF iShares U.S. Financial ETF	iShares U.S. Financial ETF	Sell	-30	-1.1%	$209.55K	2,803
Q3 2023	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Buy	+2,511	+7.4%	$5.31M	36,606
Q3 2023	KEYS Keysight Technologies Inc.	Keysight Technologies Inc.	Buy	+30	+0.0%	$62.17M	469,888

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