Francois Rochon - Giverny Capital 13F Activity & Position Changes (Q4 2023)

As of Dec 31, 2023, the Giverny Capital portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 09, 2024. 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 2023, the filing reported:

New Buys - Align Technology, Inc., Kinsale Capital Group, Inc., Medpace Holdings, Inc.

Increases - Analog Devices, Inc., AMETEK, Inc., Arista Networks, Inc., Bank of America Corporation, Berkshire Hathaway Inc., and 24 more

Reductions - Apple Inc., Autohome Inc., Alibaba Group Holding Limited, Ciena Corporation, Coherent Corp., and 11 more

Complete Exits - Brookfield Corporation, iShares U.S. Financial ETF

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 2023	AAPL Apple Inc.	Apple Inc.	Sell	-4,168	-29.0%	$1.96M	10,181
Q4 2023	ADI Analog Devices, Inc.	Analog Devices, Inc.	Buy	+1,558	+0.8%	$37.26M	187,671
Q4 2023	ALGN Align Technology, Inc.	Align Technology, Inc.	Buy - Position Entry	+27,162	-	$7.44M	27,162
Q4 2023	AME AMETEK, Inc.	AMETEK, Inc.	Buy	+13,235	+1.5%	$150.10M	910,291
Q4 2023	ANET Arista Networks, Inc.	Arista Networks, Inc.	Buy	+744	+0.8%	$23.42M	99,444
Q4 2023	ATHM Autohome Inc.	Autohome Inc.	Sell	-30,555	-8.9%	$8.77M	312,582
Q4 2023	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-28	-0.6%	$385.69K	4,976
Q4 2023	BAC Bank of America Corporation	Bank of America Corporation	Buy	+1,930	+0.2%	$34.66M	1,029,334
Q4 2023	BN Brookfield Corporation	Brookfield Corporation	Sell - Position Exit	-14,671	-100.0%	$0.00	-
Q4 2023	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Buy	+1	+16.7%	$3.80M	7
Q4 2023	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+7,566	+1.6%	$172.57M	483,856
Q4 2023	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Buy	+512	+2.3%	$12.05M	22,616
Q4 2023	CIEN Ciena Corporation	Ciena Corporation	Sell	-9,527	-1.5%	$28.17M	625,936
Q4 2023	COHR Coherent Corp.	Coherent Corp.	Sell	-599,573	-84.7%	$4.71M	108,137
Q4 2023	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-61	-0.0%	$20.84M	230,757
Q4 2023	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Buy	+304	+0.1%	$33.62M	440,906
Q4 2023	FAST Fastenal Company	Fastenal Company	Sell	-800	-8.9%	$528.13K	8,154
Q4 2023	FBIN Fortune Brands Innovations, Inc	Fortune Brands Innovations, Inc	Buy	+1,435	+0.2%	$68.67M	901,893
Q4 2023	FERG Ferguson	Ferguson	Buy	+783	+3.0%	$5.21M	26,968
Q4 2023	FI Fiserv, Inc.	Fiserv, Inc.	Buy	+135,780	+42.6%	$60.43M	454,874
Q4 2023	FIVE Five Below, Inc.	Five Below, Inc.	Buy	+9,532	+1.5%	$139.43M	654,098
Q4 2023	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Buy	+3,656	+1.3%	$32.03M	287,111
Q4 2023	GIB CGI Inc.	CGI Inc.	Sell	-93	-5.5%	$174.89K	1,585
Q4 2023	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-268,374	-29.6%	$89.91M	637,950
Q4 2023	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+45,262	+19.3%	$39.03M	279,386
Q4 2023	HEI-A Heico Corporation	Heico Corporation	Sell	-21,850	-3.0%	$99.22M	696,603
Q4 2023	IBP Installed Building Products, In	Installed Building Products, In	Buy	+22,528	+5.2%	$83.26M	455,426
Q4 2023	ITB iShares U.S. Home Construction	iShares U.S. Home Construction	Buy	+715	+5.1%	$1.49M	14,677
Q4 2023	IYF iShares U.S. Financial ETF	iShares U.S. Financial ETF	Sell - Position Exit	-2,803	-100.0%	$0.00	-
Q4 2023	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Buy	+167	+0.5%	$6.26M	36,773

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