What Francois Rochon Bought in Q3 2025
Giverny Capital · Quarterly 13F recap as filed with the SEC.
Period: 2025-09-30 · Filed · Historical
$2.95B
Total Value
52
Holdings
1
New Buys
14
Reduced
In Q3 2025, Francois Rochon reported 52 long equity positions worth $2.95B in their Giverny Capital 13F filing, including 1 new positions (largest: RESMED INC at $64.4M) and 25 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | BRK.B | Berkshire Hathaway Inc. Class B | 510644 | $256.7M | 8.70% | -0.2% |
| 2 | META | META PLATFORMS INC | 311810 | $229.0M | 7.76% | -2.2% |
| 3 | HEI-A | HEICO CORP NEW | 749501 | $190.4M | 6.45% | +0.0% |
| 4 | AME | AMETEK INC | 996676 | $187.4M | 6.35% | +0.0% |
| 5 | GOOG | ALPHABET INC C | 638213 | $155.4M | 5.27% | -2.4% |
| 6 | SCHW | SCHWAB CHARLES CORP | 1575776 | $150.4M | 5.10% | +0.5% |
| 7 | V | VISA INC | 405520 | $138.4M | 4.69% | +1.1% |
| 8 | MEDP | MEDPACE HOLDINGS INC | 261802 | $134.6M | 4.56% | +0.0% |
| 9 | PGR | PROGRESSIVE CORP | 533889 | $131.8M | 4.47% | +2.6% |
| 10 | IBP | INSTALLED BLDG PRODS INC | 514736 | $127.0M | 4.30% | +0.1% |
| 11 | BKNG | BOOKING HOLDINGS INC. | 21343 | $115.2M | 3.90% | +0.2% |
| 12 | NVR | NVR INC | 14075 | $113.1M | 3.83% | +0.3% |
| 13 | FIVE | FIVE BELOW INC | 637090 | $98.6M | 3.34% | +1.8% |
| 14 | GOOGL | ALPHABET INC | 359143 | $87.3M | 2.96% | -5.4% |
| 15 | FISV | FISERV INC | 651257 | $84.0M | 2.85% | +0.4% |
| 16 | MKL | MARKEL CORP | 43829 | $83.8M | 2.84% | +0.3% |
| 17 | KNSL | KINSALE CAPITAL GROUP IN | 190462 | $81.0M | 2.74% | +6.3% |
| 18 | KMX | CARMAX INC | 1670114 | $74.9M | 2.54% | +0.9% |
| 19 | RSMDF | RESMED INC | 235418 | $64.4M | 2.18% | NEW |
| 20 | OZK | BANK OZK LITTLE ROCK ARK | 1261960 | $64.3M | 2.18% | +0.2% |
| 21 | ANET | ARISTA NETWORKS INC | 412399 | $60.1M | 2.04% | -14.5% |
| 22 | KEYS | KEYSIGHT TECHNOLOGIES INC | 333927 | $58.4M | 1.98% | +0.1% |
| 23 | ADI | ANALOG DEVICES INC | 176468 | $43.4M | 1.47% | +0.2% |
| 24 | BRO | BROWN & BROWN | 322246 | $30.2M | 1.02% | +0.2% |
| 25 | DIS | DISNEY WALT CO | 260400 | $29.8M | 1.01% | -0.0% |
| 26 | LULU | LULULEMON ATHLETICA INC | 144001 | $25.6M | 0.87% | +0.0% |
| 27 | LFUS | LITTELFUSE INC | 81257 | $21.0M | 0.71% | +0.2% |
| 28 | FND | FLOOR & DECOR HLDGS INC | 236148 | $17.4M | 0.59% | +0.1% |
| 29 | JPM | JPMORGAN CHASE & CO | 50705 | $16.0M | 0.54% | -0.5% |
| 30 | MA | MASTERCARD INCORPORATED | 27724 | $15.8M | 0.53% | -0.4% |
| 31 | BLDR | BUILDERS FIRSTSOURCE INC | 87096 | $10.6M | 0.36% | -0.3% |
| 32 | BRK.A | Berkshire Hathaway Inc. Class A | 11 | $8.5M | 0.29% | — |
| 33 | TWFG | TWFG INC | 300317 | $8.2M | 0.28% | +68.9% |
| 34 | FERG | FERGUSON ENTERPRISES INC | 35503 | $8.0M | 0.27% | -0.5% |
| 35 | ALGN | ALIGN TECHNOLOGY INC | 45691 | $5.7M | 0.19% | -1.4% |
| 36 | AAPL | APPLE INC | 16875 | $4.3M | 0.15% | -0.6% |
| 37 | CACC | CREDIT ACCEP CORP MICH | 6874 | $2.6M | 0.09% | +-77.5% |
| 38 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | 8163 | $2.3M | 0.08% | +-29.3% |
| 39 | COF | Capital One Financial | 8275 | $1.8M | 0.06% | -10.8% |
| 40 | SPY | SPDR S&P 500 ETF | 2474 | $1.6M | 0.06% | — |
| 41 | YUMC | YUM CHINA HLDGS INC | 36036 | $1.5M | 0.05% | — |
| 42 | MTB | M & T BK CORP | 7540 | $1.5M | 0.05% | — |
| 43 | GLD | SPDR Gold Shares | 3876 | $1.4M | 0.05% | — |
| 44 | ITB | ISHARES TR | 11561 | $1.2M | 0.04% | +0.4% |
| 45 | BIRK | BIRKENSTOCK HLDG PLC | 27392 | $1.2M | 0.04% | — |
| 46 | CPRT | COPART INC | 27484 | $1.2M | 0.04% | — |
| 47 | MSFT | MICROSOFT CORP | 1703 | $882K | 0.03% | -26.1% |
| 48 | DFH | DREAM FINDERS HOMES | 32202 | $835K | 0.03% | — |
| 49 | ODFL | OLD DOMINION FREIGHT LINE IN | 5255 | $740K | 0.03% | — |
| 50 | NVO | NOVO-NORDISK A S | 12400 | $688K | 0.02% | — |
| 51 | SITE | SITEONE LANDSCAPE SUPPLY INC | 3753 | $483K | 0.02% | — |
| 52 | COST | COSTCO WHSL CORP NEW | 240 | $222K | 0.01% | — |