FR
Francois Rochon
Giverny Capital13F filer
Quality growth at a reasonable price — as the firm describes itselfPortfolio as of Jun 30, 2026Filed Aug 14, 2026
Quarter ended Jun 30, 2026, from the 13F filed Aug 14, 2026Changes are against the quarter ended Mar 31, 2026U.S.-listed shares only — no bonds, cash, shorts or foreign listings
Portfolio value
$2.97B
As reported, at quarter-end prices
Positions
51
U.S.-listed companies held
7 new · 7 exited this quarter
Concentration
52%in the top 10
Weight held in the ten largest positions
This quarter
12added · 30trimmed
Positions resized since the prior quarter
What changed this quarter
See which positions were opened, increased, reduced or closed—and how large those positions are now.
30 of 56 reported changes are available in this view.
| Company | Reported move | Change in shares | Portfolio weight now |
|---|---|---|---|
| New position | Not held in prior quarter | 1.14% | |
| New position | Not held in prior quarter | 0.98% | |
WATSCO INCWSO | New position | Not held in prior quarter | 0.92% |
VEEVA SYS INCVEEV | New position | Not held in prior quarter | 0.57% |
| New position | Not held in prior quarter | 0.53% | |
HAWKINS INCHWKN | New position | Not held in prior quarter | 0.45% |
INVESCO QQQ TR | New position | Not held in prior quarter | <0.01% |
M & T BK CORPMTB | Sold out | Position closed | No longer held |
INVESCO EXCHANGE TRADED FD T | Sold out | Position closed | No longer held |
INVESCO EXCH TRADED FD TR II | Sold out | Position closed | No longer held |
Showing 1–10 of 56 changes · Share classes count separatelyBars: square-root scale · Percentages shown · — unavailable
Changes compare reported share counts at quarter-end. The filing does not tell us when trades happened or why the investor made them.
Portfolio
| Ticker | Issuer | % of portfolio | Reported price | Value | Shares |
|---|---|---|---|---|---|
| GOOG | ALPHABET INC· CAP STK CL CDECREASED -2.5% | 7.19% | $353.33 | $213.93M | 605.5K |
| HEI/A | HEICO CORP NEW· CL ADECREASED -0.4% | 6.38% | $257.91 | $189.63M | 735.2K |
| META | META PLATFORMS INC· CL ADECREASED -1.6% | 5.74% | $563.29 | $170.61M | 302.9K |
| SCHW | SCHWAB CHARLES CORPINCREASED +9.5% | 5.22% | $92.27 | $155.16M | 1.7M |
| ADP | AUTOMATIC DATA PROCESSING ININCREASED +56.2% | 4.93% | $223.95 | $146.59M | 654.6K |
| AME | AMETEK INCDECREASED -2.2% | 4.87% | $241.94 | $144.87M | 598.8K |
| MEDP | MEDPACE HLDGS INCDECREASED -0.8% | 4.52% | $529.59 | $134.48M | 253.9K |
| V | VISA INC· COM CL ADECREASED -1.6% | 4.50% | $343.09 | $133.77M | 389.9K |
| BRK/B | BERKSHIRE HATHAWAY INC DEL· CL B NEWDECREASED -34.4% | 4.18% | $500.39 | $124.32M | 248.4K |
| PGR | PROGRESSIVE CORPINCREASED +2.6% | 3.98% | $218.45 | $118.46M | 542.3K |
Showing 1–10 of 51 · the top 10 are 51.5% of the reported portfolioEach row opens the company · how we read 13F filings
Reported price is this manager's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what they paid. 13F reports no cost basis.
All 51 positions, with reported prices and share counts, open with a free account.
Connected research
Follow this portfolio through time.
Compare reported holdings across quarters and explore the businesses behind them with your connected AI:
- “What has Francois Rochon been buying over the last year, quarter by quarter?”
- “Which of my funds already hold what Giverny Capital holds — and how much overlap is that?”
- “Which other superinvestors moved the same way this quarter?”
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