GIVERNY CAPITAL INC
Q4 2025 Form 13-F
MONTREAL, QUEBEC, CANADA
CIK 0001641864
· CRD 130640
· SEC-registered investment adviser
Holdings reported by
Sather Financial Group Inc since Q3 2025
$3.0B Reported Value Total
GIVERNY CAPITAL reports 5,043 total accounts under management (AUM). There are 5,043 discretionary accounts valued at $2,703,277,172, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
1 fund
· $1.4B gross asset value
Other: $1.4B
Source: Form ADV filed 2026-06-12
Reported value
$3.0B
Quarter over quarter
+3.1%
Holdings
50
Top-10 concentration
58.7%
Filing Structure
Reports holdings for
- Giverny Capital Advisors LLC (not a 13F filer in our records) · File #028-24345 · Q2 2024 – Q2 2024 · declared by one filing
- Giverny Capital Asset Management, LLC (not a 13F filer in our records) · File #028-24352 · Q2 2024 – Q2 2024 · declared by one filing
Holdings reported by
- Sather Financial Group Inc · since Q3 2025 · declared by one filing
Key People
Form ADV owners & control persons
Jean-Philippe Bouchard
SHAREHOLDER
Francois Rochon
SHAREHOLDER
Marc Seguin
SHAREHOLDER
Filing Navigation
13F Metrics
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Q4 2025 13F record
Q4 2025 13F filing summary
| Period of report | December 31, 2025 |
|---|---|
| Filed | February 13, 2026 |
| Form | 13F-HR |
| Reported value | $3.0B |
| Positions | 50 |
| Change in reported value | +1.6% |
| New positions | 2 |
| Exited positions | 4 |
| Position turnover | 11.1% |
| Top-10 concentration | 58.7% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 14, 2026
|
51 | $3.0B |
|
Q1 2026 13F
Filed May 15, 2026
|
51 | $2.7B |
|
Q4 2025 13F
Filed Feb 13, 2026
|
50 | $3.0B |
|
Q3 2025 13F
Filed Nov 14, 2025
|
52 | $3.0B |
|
Q2 2025 13F
Filed Aug 13, 2025
|
55 | $2.9B |
|
Q1 2025 13F
Filed May 13, 2025
|
54 | $2.7B |
|
Q4 2024 13F
Filed Feb 13, 2025
|
62 | $2.7B |
|
Q3 2024 13F
Filed Nov 13, 2024
|
52 | $2.6B |
|
Q2 2024 13F
Filed Aug 14, 2024
|
50 | $2.4B |
|
Q1 2024 13F
Filed May 13, 2024
|
53 | $2.5B |
|
Q4 2023 13F
Filed Feb 9, 2024
|
59 | $3.3B |
|
Q3 2023 13F
Filed Nov 13, 2023
|
59 | $1.8B |
|
Q2 2023 13F
Filed Aug 7, 2023
|
59 | $1.9B |
|
Q1 2023 13F
Filed May 12, 2023
|
60 | $1.7B |
|
Q4 2022 13F
Filed Feb 10, 2023
|
66 | $1.6B |
|
Q3 2022 13F
Filed Nov 14, 2022
|
63 | $1.5B |
|
Q2 2022 13F
Filed Aug 12, 2022
|
63 | $1.5B |
|
Q1 2022 13F
Filed May 12, 2022
|
63 | $1.8B |
|
Q4 2021 13F
Filed Feb 11, 2022
|
64 | $1.9B |
|
Q3 2021 13F
Filed Nov 12, 2021
|
59 | $1.7B |
26 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q4 2025
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | BRK-B BERKSHIRE HATHAWAY INC DEL | $254.3M | 8.48% |
| 2 | META META PLATFORMS INC | $206.9M | 6.9% |
| 3 | AME AMETEK INC | $201.1M | 6.71% |
| 4 | GOOG ALPHABET INC C | $200.7M | 6.69% |
| 5 | HEIA HEICO CORP NEW | $190.5M | 6.35% |
| 6 | SCHW SCHWAB CHARLES CORP | $158.4M | 5.28% |
| 7 | MEDP MEDPACE HOLDINGS INC | $147.9M | 4.93% |
| 8 | V VISA INC | $142.9M | 4.77% |
| 9 | IBP INSTALLED BLDG PRODS INC | $134.7M | 4.49% |
| 10 | PGR PROGRESSIVE CORP | $122.2M | 4.08% |
| 11 | FIVE FIVE BELOW INC | $120.1M | 4.01% |
| 12 | BKNG BOOKING HOLDINGS INC. | $114.8M | 3.83% |
| 13 | GOOGL ALPHABET INC | $113.1M | 3.77% |
| 14 | NVR NVR INC | $102.9M | 3.43% |
| 15 | MKL MARKEL CORP | $94.5M | 3.15% |
| 16 | KNSL KINSALE CAPITAL GROUP IN | $83.8M | 2.8% |
| 17 | KEYS KEYSIGHT TECHNOLOGIES INC | $67.9M | 2.26% |
| 18 | DIS DISNEY WALT CO | $61.9M | 2.07% |
| 19 | BRO BROWN & BROWN | $61.6M | 2.05% |
| 20 | OZK BANK OZK LITTLE ROCK ARK | $58.2M | 1.94% |
Values as reported on the Q4 2025 Form 13F. Every position is in the holdings table below.