---
title: Francois Rochon (Giverny Capital Inc.) — 13F holdings
canonical: https://sweetvaluelab.com/investors/francois-rochon
cik: 0001641864
quarter: 2026-06-30
filed: 2026-08-26
---
# Francois Rochon — Giverny Capital Inc.

Latest 13F for the quarter ended Jun 30, 2026, filed Aug 26, 2026: 51 positions worth $3.0B. Against the quarter ended Mar 31, 2026: 7 bought, 11 added to, 2 unchanged, 31 reduced, 7 sold. The top five are 29% of the portfolio, the top ten 52%; 27 of the positions have a research page on this site.

## Holdings

| Ticker | Issuer | Shares | Value | % of portfolio | Change this quarter |
| --- | --- | ---: | ---: | ---: | --- |
| GOOG | ALPHABET INC C | 605,460 | $213.9M | 7.2% | reduced (-2%) |
| HEI/A | HEICO CORP NEW | 735,248 | $189.6M | 6.4% | reduced (-0%) |
| META | META PLATFORMS INC | 302,888 | $170.6M | 5.7% | reduced (-2%) |
| SCHW | SCHWAB CHARLES CORP | 1,681,567 | $155.2M | 5.2% | added (+9%) |
| ADP | AUTOMATIC DATA PROC INC | 654,556 | $146.6M | 4.9% | added (+56%) |
| AME | AMETEK INC | 598,781 | $144.9M | 4.9% | reduced (-2%) |
| MEDP | MEDPACE HOLDINGS INC | 253,931 | $134.5M | 4.5% | reduced (-1%) |
| V | VISA INC | 389,900 | $133.8M | 4.5% | reduced (-2%) |
| BRK/B | BERKSHIRE HATHAWAY INC DEL | 248,447 | $124.3M | 4.2% | reduced (-34%) |
| PGR | PROGRESSIVE CORP | 542,292 | $118.5M | 4.0% | added (+3%) |
| GOOGL | ALPHABET INC | 310,118 | $110.8M | 3.7% | reduced (-11%) |
| FIVE | FIVE BELOW INC | 598,122 | $107.5M | 3.6% | reduced (-3%) |
| BKNG | BOOKING HOLDINGS INC. | 522,664 | $93.2M | 3.1% | reduced (-1%) |
| IBP | INSTALLED BLDG PRODS INC | 397,662 | $91.4M | 3.1% | reduced (-1%) |
| NVR | NVR INC | 13,238 | $90.2M | 3.0% | reduced (-3%) |
| KNSL | KINSALE CAPITAL GROUP IN | 240,731 | $79.4M | 2.7% | added (+10%) |
| BFAM | BRIGHT HORIZONSFAMILY SOLUTION | 1,080,793 | $76.6M | 2.6% | added (+46%) |
| RMD | RESMED INC | 387,665 | $75.5M | 2.5% | added (+69%) |
| OZK | BANK OZK LITTLE ROCK ARK | 1,198,116 | $62.4M | 2.1% | reduced (-3%) |
| MKL | MARKEL CORP | 30,877 | $60.3M | 2.0% | reduced (-28%) |
| ANET | ARISTA NETWORKS INC | 339,892 | $57.7M | 1.9% | reduced (-20%) |
| KEYS | KEYSIGHT TECHNOLOGIES INC | 143,072 | $50.1M | 1.7% | reduced (-56%) |
| DIS | DISNEY WALT CO | 515,567 | $49.6M | 1.7% | reduced (-4%) |
| BRO | BROWN & BROWN | 753,288 | $48.3M | 1.6% | reduced (-0%) |
| ADI | ANALOG DEVICES INC | 93,310 | $37.1M | 1.2% | reduced (-45%) |
| NYT | NEW YORK TIMES CO-A- | 484,424 | $33.9M | 1.1% | bought |
| LFUS | LITTELFUSE INC | 74,125 | $33.8M | 1.1% | reduced (-8%) |
| MSA | MSA SAFETY INC | 166,305 | $29.0M | 1.0% | bought |
| WSO | WATSCO INC | 65,975 | $27.5M | 0.9% | bought |
| AAON | AAON INC | 204,779 | $26.0M | 0.9% | added (+1%) |
| GLD | SPDR GOLD TR | 3,876 | $25.0M | 0.8% | held (0%) |
| SUNB | SUNBELT RENTALS HOLDINGS | 246,369 | $21.6M | 0.7% | reduced (-9%) |
| VEEV | VEEVA SYSTEMS INC CL-A | 94,956 | $16.9M | 0.6% | bought |
| AXP | AMERICAN EXPRESS CO | 46,702 | $15.8M | 0.5% | bought |
| TWFG | TWFG INC | 652,452 | $15.7M | 0.5% | added (+18%) |
| JPM | JPMORGAN CHASE & CO | 47,876 | $15.7M | 0.5% | reduced (-8%) |
| MA | MASTERCARD INCORPORATED | 28,816 | $14.8M | 0.5% | added (+3%) |
| LULU | LULULEMON ATHLETICA INC | 128,803 | $14.7M | 0.5% | reduced (-10%) |
| FND | FLOOR & DECOR HLDGS INC | 229,867 | $13.6M | 0.5% | reduced (-1%) |
| HWKN | HAWKINS INC | 94,954 | $13.5M | 0.5% | bought |
| FERG | FERGUSON ENTERPRISES INC | 37,380 | $8.9M | 0.3% | added (+2%) |
| BLDR | BUILDERS FIRSTSOURCE INC | 91,464 | $8.2M | 0.3% | reduced (-0%) |
| BRK/A | BERKSHIRE HATHAWAY INC DEL | 9 | $6.7M | 0.2% | reduced (-18%) |
| AAPL | APPLE INC | 12,995 | $3.8M | 0.1% | reduced (-14%) |
| TSM | TAIWAN SEMICONDUCTOR MFG LTD | 3,655 | $1.7M | 0.1% | reduced (-55%) |
| SPY | SPDR S&P 500 ETF | 2,294 | $1.7M | 0.1% | reduced (-7%) |
| YUMC | YUM CHINA HLDGS INC | 36,036 | $1.5M | 0.0% | held (0%) |
| ITB | ISHARES TR | 11,662 | $1.2M | 0.0% | added (+7%) |
| MSFT | MICROSOFT CORP | 1,787 | $666,587 | 0.0% | reduced (-6%) |
| QQQ | INVESCO QQQ TR | 391 | $287,932 | 0.0% | bought |
| CPRT | COPART INC | 8,274 | $233,244 | 0.0% | reduced (-70%) |

## Largest moves this quarter

| Ticker | Issuer | Shares now | Shares before | Change | Bought / sold at reported prices | Value |
| --- | --- | ---: | ---: | --- | ---: | ---: |
| BRK/B | BERKSHIRE HATHAWAY INC DEL | 248,447 | 378,625 | reduced (-34%) | −$65.1M | $124.3M |
| KEYS | KEYSIGHT TECHNOLOGIES INC | 143,072 | 323,184 | reduced (-56%) | −$63.1M | $50.1M |
| ADP | AUTOMATIC DATA PROC INC | 654,556 | 419,090 | added (+56%) | +$52.7M | $146.6M |
| NYT | NEW YORK TIMES CO-A- | 484,424 | 0 | bought | +$33.9M | $33.9M |
| ADI | ANALOG DEVICES INC | 93,310 | 171,052 | reduced (-45%) | −$30.9M | $37.1M |
| RMD | RESMED INC | 387,665 | 230,005 | added (+69%) | +$30.7M | $75.5M |
| MSA | MSA SAFETY INC | 166,305 | 0 | bought | +$29.0M | $29.0M |

---

Source: https://sweetvaluelab.com/investors/francois-rochon (SweetValueLab, free, no account). Holdings from SEC Form 13F-HR filings; tickers resolved from CUSIPs. Values as reported by the filer. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.