Francois Rochon - Giverny Capital 13F Activity & Position Changes (Q4 2022)

As of Dec 31, 2022, the Giverny Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 10, 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 Q4 2022, the filing reported:

New Buys - Brookfield Corporation, Jacobs Solutions Inc., MasterBrand, Inc., UnitedHealth Group Incorporated, Vanguard S&P 500 ETF

Increases - Analog Devices, Inc., AMETEK, Inc., Arista Networks, Bank of America Corporation, Berkshire Hathaway Inc., and 20 more

Reductions - Autohome Inc., Berkshire Hathaway Inc. New, Ciena Corporation, Edwards Lifesciences Corporatio, Alphabet Inc., and 11 more

Complete Exits - Brookfield Asset Management Ltd., Eli Lilly and 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
Q4 2022	ADI Analog Devices, Inc.	Analog Devices, Inc.	Buy	+1,855	+7.1%	$4.59K	27,990
Q4 2022	AME AMETEK, Inc.	AMETEK, Inc.	Buy	+6,450	+0.8%	$119.22K	853,298
Q4 2022	ANET Arista Networks	Arista Networks	Buy	+7,252	+7.7%	$12.29K	101,235
Q4 2022	ATHM Autohome Inc.	Autohome Inc.	Sell	-5,810	-1.7%	$10.28K	336,071
Q4 2022	BAC Bank of America Corporation	Bank of America Corporation	Buy	+4,522	+0.5%	$30.99K	935,610
Q4 2022	BAM Brookfield Asset Management Ltd.	Brookfield Asset Management Ltd.	Sell - Position Exit	-16,650	-100.0%	$0.00	-
Q4 2022	BN Brookfield Corporation	Brookfield Corporation	Buy - Position Entry	+16,650	-	$524.00	16,650
Q4 2022	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Buy	+1	+12.5%	$4.22K	9
Q4 2022	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-1,403	-0.3%	$142.53K	461,404
Q4 2022	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Buy	+1,946	+11.8%	$8.77K	18,480
Q4 2022	CIEN Ciena Corporation	Ciena Corporation	Sell	-1,629	-0.2%	$34.70K	680,657
Q4 2022	COHR Coherent Corp.	Coherent Corp.	Buy	+11,322	+15.3%	$3.00K	85,524
Q4 2022	CPRT Copart, Inc.	Copart, Inc.	Buy	+6,871	+100.0%	$837.00	13,742
Q4 2022	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+752	+0.3%	$19.64K	226,010
Q4 2022	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Sell	-4,023	-0.9%	$31.80K	426,173
Q4 2022	FBIN Fortune Brands Innovations, Inc	Fortune Brands Innovations, Inc	Buy	+261,602	+41.2%	$51.23K	896,997
Q4 2022	FIVE Five Below, Inc.	Five Below, Inc.	Buy	+1,969	+0.3%	$109.37K	618,351
Q4 2022	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Buy	+30,721	+13.0%	$18.55K	266,334
Q4 2022	FRCB First Republic Bank (San Franci	First Republic Bank (San Franci	Buy	+17,473	+8.0%	$28.88K	236,893
Q4 2022	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-6,062	-0.7%	$78.70K	886,978
Q4 2022	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+8,336	+4.2%	$18.38K	208,280
Q4 2022	HEI-A Heico Corporation	Heico Corporation	Buy	+5,852	+0.9%	$80.41K	670,900
Q4 2022	IBP Installed Building Products, In	Installed Building Products, In	Sell	-654	-0.2%	$35.38K	413,320
Q4 2022	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Sell	-337,175	-96.2%	$1.38K	13,438
Q4 2022	ITB iShares U.S. Home Construction	iShares U.S. Home Construction	Buy	+1,297	+14.0%	$639.00	10,551
Q4 2022	IYF iShares U.S. Financial ETF	iShares U.S. Financial ETF	Sell	-59	-1.9%	$230.00	3,051
Q4 2022	J Jacobs Solutions Inc.	Jacobs Solutions Inc.	Buy - Position Entry	+4,114	-	$494.00	4,114
Q4 2022	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Buy	+2,722	+9.5%	$4.19K	31,241
Q4 2022	KEYS Keysight Technologies Inc.	Keysight Technologies Inc.	Sell	-2,251	-0.5%	$79.20K	462,986
Q4 2022	KMX CarMax Inc	CarMax Inc	Buy	+207,770	+16.9%	$87.40K	1,435,307

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