Giverny Capital Inc. Long-Term Concentrated

CIK: 0001641864 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $2,997,770 (100.0% shares, 0.0% debt)

Holdings (50)

New Positions (2)

BFAM BRIGHT HORIZONSFAMILY SOLUTION 1.4%
Value ($000) $41,594 Shares 410,196 Est. Cost $100.88 Unrealized 0.0%
ISRG INTUITIVE SURGICAL INC 0.0%
Value ($000) $229 Shares 405 Est. Cost $532.37 Unrealized 0.0%

Increased Positions (11)

DIS DISNEY WALT CO 2.1%
Value ($000) $61,939 (+107.7%) Shares 544,419 (+109.1%) Est. Cost $107.00 Unrealized +2.4%
BRO BROWN & BROWN 2.1%
Value ($000) $61,570 (+103.7%) Shares 772,520 (+139.7%) Est. Cost $93.03 Unrealized -10.4%
ANET ARISTA NETWORKS INC 1.8%
Value ($000) $54,922 (-8.6%) Shares 419,158 (+1.6%) Est. Cost $87.35 Unrealized +57.6%
KNSL KINSALE CAPITAL GROUP IN 2.8%
Value ($000) $83,803 (+3.5%) Shares 214,264 (+12.5%) Est. Cost $434.15 Unrealized -6.1%
TSM TAIWAN SEMICONDUCTOR MFG LTD 0.2%
Value ($000) $4,837 (+112.2%) Shares 16,069 (+96.9%) Est. Cost $209.92 Unrealized —
BLDR BUILDERS FIRSTSOURCE INC 0.3%
Value ($000) $9,258 (-12.3%) Shares 89,984 (+3.3%) Est. Cost $142.80 Unrealized -21.3%
TWFG TWFG INC 0.3%
Value ($000) $9,538 (+15.7%) Shares 331,511 (+10.4%) Est. Cost $31.12 Unrealized -12.7%
JPM JPMORGAN CHASE & CO 0.6%
Value ($000) $16,703 (+4.4%) Shares 51,838 (+2.2%) Est. Cost $140.13 Unrealized +120.9%
MA MASTERCARD INCORPORATED 0.5%
Value ($000) $16,418 (+4.1%) Shares 28,759 (+3.7%) Est. Cost $358.04 Unrealized +56.1%
FERG FERGUSON ENTERPRISES INC 0.3%
Value ($000) $8,098 (+1.6%) Shares 36,374 (+2.5%) Est. Cost $194.64 Unrealized +22.3%
ITB ISHARES TR 0.0%
Value ($000) $1,127 (-9.1%) Shares 11,698 (+1.2%) Est. Cost $82.06 Unrealized —

Exited Positions (4)

FISV FISERV INC 2.8%
Value ($000) $83,967 Shares 651,257 Est. Cost $137.37 Unrealized -38.9%
KMX CARMAX INC 2.5%
Value ($000) $74,938 Shares 1,670,114 Est. Cost $72.28 Unrealized -44.7%
ALGN ALIGN TECHNOLOGY INC 0.2%
Value ($000) $5,721 Shares 45,691 Est. Cost $233.64 Unrealized -38.7%
CACC CREDIT ACCEP CORP MICH 0.1%
Value ($000) $2,585 Shares 6,874 Est. Cost $464.36 Unrealized -0.2%

Decreased Positions (2)

AME AMETEK INC 6.7%
Value ($000) $201,093 (+7.3%) Shares 979,458 (-1.7%) Est. Cost $77.02 Unrealized +152.3%
AAPL APPLE INC 0.1%
Value ($000) $4,491 (+4.5%) Shares 16,518 (-2.1%) Est. Cost $180.99 Unrealized +48.3%

Unchanged Positions (35)

GOOG ALPHABET INC C 6.7%
Value ($000) $200,677 Shares 639,507 Est. Cost $109.92 Unrealized +160.5%
GOOGL ALPHABET INC 3.8%
Value ($000) $113,118 Shares 361,398 Est. Cost $125.51 Unrealized +127.5%
META META PLATFORMS INC 6.9%
Value ($000) $206,905 Shares 313,449 Est. Cost $233.43 Unrealized +185.9%
FIVE FIVE BELOW INC 4.0%
Value ($000) $120,126 Shares 637,747 Est. Cost $136.56 Unrealized +19.0%
MEDP MEDPACE HOLDINGS INC 4.9%
Value ($000) $147,894 Shares 263,320 Est. Cost $303.61 Unrealized +87.0%
MKL MARKEL CORP 3.2%
Value ($000) $94,537 Shares 43,978 Est. Cost $1036.42 Unrealized +95.5%
NVR NVR INC 3.4%
Value ($000) $102,916 Shares 14,112 Est. Cost $3474.38 Unrealized +115.2%
PGR PROGRESSIVE CORP 4.1%
Value ($000) $122,247 Shares 536,832 Est. Cost $85.16 Unrealized +149.3%
KEYS KEYSIGHT TECHNOLOGIES INC 2.3%
Value ($000) $67,875 Shares 334,046 Est. Cost $99.68 Unrealized +86.2%
SCHW SCHWAB CHARLES CORP 5.3%
Value ($000) $158,423 Shares 1,585,661 Est. Cost $63.21 Unrealized +49.9%
RMD RESMED INC 1.9%
Value ($000) $56,698 Shares 235,388 Est. Cost $272.23 Unrealized -6.2%
IBP INSTALLED BLDG PRODS INC 4.5%
Value ($000) $134,685 Shares 519,236 Est. Cost $117.68 Unrealized +119.5%
OZK BANK OZK LITTLE ROCK ARK 1.9%
Value ($000) $58,171 Shares 1,264,042 Est. Cost $38.56 Unrealized +20.0%
ADI ANALOG DEVICES INC 1.6%
Value ($000) $47,934 Shares 176,747 Est. Cost $176.53 Unrealized +42.0%
V VISA INC 4.8%
Value ($000) $142,860 Shares 407,345 Est. Cost $118.52 Unrealized +187.2%
LULU LULULEMON ATHLETICA INC 1.0%
Value ($000) $29,974 Shares 144,237 Est. Cost $316.46 Unrealized -42.8%
FND FLOOR & DECOR HLDGS INC 0.5%
Value ($000) $14,362 Shares 235,876 Est. Cost $80.72 Unrealized -19.7%
BRK/B BERKSHIRE HATHAWAY INC DEL 8.5%
Value ($000) $254,333 Shares 505,984 Est. Cost $207.73 Unrealized +139.5%
LFUS LITTELFUSE INC 0.7%
Value ($000) $20,634 Shares 81,585 Est. Cost $249.88 Unrealized +1.9%
BKNG BOOKING HOLDINGS INC. 3.8%
Value ($000) $114,845 Shares 21,445 Est. Cost $3614.70 Unrealized +42.1%
DFH DREAM FINDERS HOMES 0.0%
Value ($000) $551 Shares 32,202 Est. Cost $24.88 Unrealized -17.8%
COF CAPITAL ONE FC 0.1%
Value ($000) $2,005 Shares 8,274 Est. Cost $139.87 Unrealized +58.9%
YUMC YUM CHINA HLDGS INC 0.1%
Value ($000) $1,720 Shares 36,036 Est. Cost $33.29 Unrealized +37.6%
BRK/A BERKSHIRE HATHAWAY INC DEL 0.3%
Value ($000) $8,303 Shares 11 Est. Cost $472865.03 Unrealized +57.9%
CPRT COPART INC 0.0%
Value ($000) $1,076 Shares 27,484 Est. Cost $36.83 Unrealized +12.6%
GLD SPDR GOLD TR 0.1%
Value ($000) $1,536 Shares 3,876 Est. Cost $170.93 Unrealized —
BIRK BIRKENSTOCK HLDG PLC 0.0%
Value ($000) $1,120 Shares 27,392 Est. Cost $50.74 Unrealized -16.5%
ODFL OLD DOMINION FREIGHT LINE IN 0.0%
Value ($000) $824 Shares 5,255 Est. Cost $126.62 Unrealized +13.1%
MSFT MICROSOFT CORP 0.0%
Value ($000) $824 Shares 1,704 Est. Cost $423.73 Unrealized +18.1%
NVO NOVO-NORDISK A S 0.0%
Value ($000) $631 Shares 12,400 Est. Cost $80.15 Unrealized —
SPY SPDR S&P 500 ETF 0.1%
Value ($000) $1,687 Shares 2,474 Est. Cost $259.22 Unrealized —
MTB M & T BK CORP 0.1%
Value ($000) $1,519 Shares 7,540 Est. Cost $134.76 Unrealized +41.1%
HEI/A HEICO CORP NEW 6.4%
Value ($000) $190,467 Shares 754,532 Est. Cost $76.28 Unrealized +223.8%
SITE SITEONE LANDSCAPE SUPPLY INC 0.0%
Value ($000) $467 Shares 3,753 Est. Cost $229.28 Unrealized -44.8%
COST COSTCO WHSL CORP NEW 0.0%
Value ($000) $207 Shares 240 Est. Cost $861.91 Unrealized +5.1%