Francois Rochon — Giverny CapitalSuperinvestor
About Francois Rochon — Giverny Capital’s 13F portfolio
Francois Rochon — Giverny Capital is an institutional investment manager that discloses its US-listed holdings each quarter through an SEC Form 13F filing. As of , Francois Rochon — Giverny Capital reported $2.7B across 51 US-listed positions (). Its largest position is BERKSHIRE HATHAWAY INC DEL (BRK/B) at 6.6% of the reported book, and its ten biggest holdings make up 53% of the portfolio. Browse every manager in the fund managers directory, or see the legendary investors we track on the superinvestors page.
| # | Stock | Price | % of portfolio | Shares | Value |
|---|---|---|---|---|---|
| 1 |  BRK/B BERKSHIRE HATHAWAY INC DEL | — — | 6.6% | 379K | $181.4M |
| 2 |  GOOG ALPHABET INC C | — — | 6.5% | 621K | $178.1M |
| 3 |  META META PLATFORMS INC | — — | 6.4% | 308K | $176.1M |
| 4 |  HEI-A HEICO CORP NEW | — — | 5.7% | 738K | $155.9M |
| 5 |  SCHW SCHWAB CHARLES CORP | — — | 5.3% | 1.5M | $144.4M |
| 6 |  FIVE FIVE BELOW INC | — — | 5.2% | 617K | $141.0M |
| 7 |  AME AMETEK INC | — — | 4.8% | 612K | $131.2M |
| 8 |  MEDP MEDPACE HOLDINGS INC | — — | 4.5% | 256K | $123.0M |
| 9 |  V VISA INC | — — | 4.4% | 396K | $119.8M |
| 10 |  IBP INSTALLED BLDG PRODS INC | — — | 3.9% | 404K | $107.0M |
| 11 |  PGR PROGRESSIVE CORP | — — | 3.8% | 528K | $104.7M |
| 12 |  GOOGL ALPHABET INC | — — | 3.7% | 348K | $100.2M |
| 13 |  KEYS KEYSIGHT TECHNOLOGIES INC | — — | 3.3% | 323K | $91.3M |
| 14 |  NVR NVR INC | — — | 3.3% | 14K | $89.9M |
| 15 |  BKNG BOOKING HOLDINGS INC. | — — | 3.3% | 21K | $88.9M |
| 16 |  ADP AUTOMATIC DATA PROC INC | — — | 3.1% | 419K | $85.2M |
| 17 |  MKL MARKEL CORP | — — | 3.0% | 43K | $82.2M |
| 18 |  KNSL KINSALE CAPITAL GROUP IN | — — | 2.7% | 219K | $74.8M |
| 19 |  BFAM BRIGHT HORIZONSFAMILY SOLUTION | — — | 2.2% | 742K | $61.0M |
| 20 |  OZK BANK OZK LITTLE ROCK ARK | — — | 2.1% | 1.2M | $56.5M |
| 21 |  ADI ANALOG DEVICES INC | — — | 2.0% | 171K | $54.4M |
| 22 |  ANET ARISTA NETWORKS INC | — — | 1.9% | 423K | $52.0M |
| 23 |  DIS DISNEY WALT CO | — — | 1.9% | 537K | $51.7M |
| 24 |  RMD RESMED INC | — — | 1.9% | 230K | $51.6M |
| 25 |  BRO BROWN & BROWN | — — | 1.8% | 755K | $49.3M |
Showing 1–25 of 51 positions on this page reported in this 13F.
Tiles are sized by portfolio weight and coloured by sector; the “est.” figure on each tile is the estimated dividend- and split-adjusted return since the first reported quarter — not the manager’s profit or cost basis.
“Est. return” = estimated dividend/split-adjusted return since the first reported quarter — not the manager’s profit or cost basis.
- Financial Services25%
- Consumer Cyclical19%
- Communication Services19%
- Industrials12%
- Technology12%
- Unclassified7.5%
- Healthcare6.4%
How this return is calculated
Estimated dividend- and split-adjusted return from the end of the first consecutive reported quarter in which the current holding appears in Bullish Whales’ 13F history, through the manager’s latest reported quarter. Current disclosed holdings only. Start dates differ by holding, changes in position size are not modeled, and positions no longer reported are excluded. Not the manager’s cost basis, purchase date, realized profit or loss, live performance, or portfolio performance.
- NewADPAUTOMATIC DATA PROC INC—$85.2M
- AddedKNSLKINSALE CAPITAL GROUP IN+2.2%$74.8M
- AddedBFAMBRIGHT HORIZONSFAMILY SOLUTION+81.0%$61.0M
- AddedANETARISTA NETWORKS INC+1.0%$52.0M
- NewSUNBSUNBELT RENTALS HLDGS IN GB SHRS—$17.6M
- NewAAONAAON INC—$16.7M
- AddedJPMJPMORGAN CHASE & CO+0.9%$15.4M
- AddedTWFGTWFG INC+66.5%$10.2M
- AddedFERGFERGUSON ENTERPRISES INC+1.0%$8.6M
- AddedBLDRBUILDERS FIRSTSOURCE INC+2.0%$7.6M
- ReducedBRK/BBERKSHIRE HATHAWAY INC DEL−25.2%$181.4M
- ReducedGOOGALPHABET INC C−2.9%$178.1M
- ReducedMETAMETA PLATFORMS INC−1.8%$176.1M
- ReducedHEI-AHEICO CORP NEW−2.1%$155.9M
- ReducedSCHWSCHWAB CHARLES CORP−3.1%$144.4M
- ReducedFIVEFIVE BELOW INC−3.2%$141.0M
- ReducedAMEAMETEK INC−37.5%$131.2M
- ReducedMEDPMEDPACE HOLDINGS INC−2.7%$123.0M
- ReducedVVISA INC−2.7%$119.8M
- ReducedIBPINSTALLED BLDG PRODS INC−22.3%$107.0M
Reading Francois Rochon — Giverny Capital’s 13F portfolio
Francois Rochon — Giverny Capital’s $2.7B 13F book is spread across 51 reported positions and is concentrated toward its biggest ideas, with the top ten holdings at 53%. The largest positions carry real weight, so how those names perform matters a lot to the overall book. Its five largest positions are BRK/B, GOOG, META, HEI-A and SCHW, led by BERKSHIRE HATHAWAY INC DEL (BRK/B) at 6.6% of the portfolio. The heaviest sector exposure is Financial Services (25%), then Consumer Cyclical (19%).
What Francois Rochon — Giverny Capital changed last quarter
Between 2025-12-31 and Q1 2026, Francois Rochon — Giverny Capital was a net seller: it opened 5 new positions and added to 8 more, while trimming 30 and closing 4 outright. Against a 51-name book, that is high turnover, pointing to an active reshuffle of the book. Its largest new or increased position was AUTOMATIC DATA PROC INC (ADP), and its biggest reduction was BERKSHIRE HATHAWAY INC DEL (BRK/B).
What a 13F does and doesn’t reveal
A 13F captures only Francois Rochon — Giverny Capital’s long positions in US-listed stocks at a single quarter-end, so it is best read as a lagged snapshot rather than a live portfolio. It won’t show shorts, cash, bonds, or holdings listed outside the US, and it never reveals the price paid or the reasoning behind a trade. The signal is in the pattern over time: which names Francois Rochon — Giverny Capital is building up, trimming, or exiting, and how concentrated the book stays from quarter to quarter.
Frequently asked questions
What is an SEC 13F filing?
A Form 13F is a report that every institutional investment manager with at least $100 million in US-listed securities must file with the SEC within 45 days of each quarter's end. It lists the manager's long positions in US-listed stocks and certain options, with the share count and market value of each. Francois Rochon — Giverny Capital's profile on this page is built directly from those filings.
How current is the 13F data on Francois Rochon — Giverny Capital's page?
It reflects Francois Rochon — Giverny Capital's most recently filed 13F, currently the quarter ending Q1 2026. Because managers have up to 45 days after a quarter closes to file, a 13F is always a slightly lagged view rather than a live portfolio. When Francois Rochon — Giverny Capital files its next quarterly report, this page refreshes automatically.
Can I see Francois Rochon — Giverny Capital's complete list of holdings?
This page highlights Francois Rochon — Giverny Capital's largest positions rather than all 51 names in the filing. The complete, position-by-position 13F is public and available from the SEC's EDGAR database under Francois Rochon — Giverny Capital's filings.
Does a 13F show everything Francois Rochon — Giverny Capital owns?
No. A 13F only covers long positions in US-listed stocks and certain options. It leaves out short positions, cash, bonds, commodities, foreign-listed stocks, and private holdings, so it is a partial view of Francois Rochon — Giverny Capital's book rather than its full strategy or total assets.
Is 13F data investment advice?
No. Everything here is educational. 13F positions are disclosed with a delay, cover only long US-listed holdings, and never explain why Francois Rochon — Giverny Capital made a trade or at what price. Treat it as a research lens, not a recommendation, and speak with a licensed financial advisor before making investment decisions.
Not investment advice. Holdings data comes from public SEC Form 13F filings, which are filed with a delay of up to 45 days and may be amended later. It describes historical, disclosed positions in US-listed securities only, meaning no shorts, cash, or foreign holdings, and it is not a recommendation. Always do your own research and speak with a licensed financial advisor before making investment decisions.