Giverny Capital
Giverny Capital Asset Management (GCAM) model portfolio
Global Large-cap
Mar 2026 → Mar 2026
Our archive holds 1 letter from this strategy, behind 1 investment thesis and positions in 14 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of Giverny Capital for every strategy.
Performance
as of Mar 31, 2026 · net of fees · USD
- 1Y+8.5%index +17.8%
- 3Y · /yr+15.6%index +18.3%
- 5Y · /yr+8.7%index +12.1%
- Inception · /yr+15.8%index +18.5%
Index: S&P 500 TR
| 1Y | 3Yper year | 5Yper year | Since inceptionper year | |
|---|---|---|---|---|
| Giverny Capital Asset Management (GCAM) model portfolio | +8.5% | +15.6% | +8.7% | +15.8% |
| S&P 500 TR | +17.8% | +18.3% | +12.1% | +18.5% |
Since inception: Since Inception 3/31/2026
Disclaimer
These figures are copied from the manager’s latest letter, as of Mar 31, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
we used most of our Ametek proceeds to establish a new position in American Express in March, at a price of $294.
We added to positions in Kinsale, TWFG and Hawkins during the quarter.
We trimmed Installed Building Products during the quarter after CEO Jeff Edwards announced the sale of a portion of his holdings after a big run-up in the stock price.
We added to positions in Kinsale, TWFG and Hawkins during the quarter.
We exited Ametek in February at $232, after trimming the position in the fourth quarter.
We added to positions in Kinsale, TWFG and Hawkins during the quarter.