Francois Rochon
Giverny Capital
Francois Rochon Visa Inc, CL-A stake
total: 119
Giverny Capital V trades
- Total transactions:
- 45
- New positions:
- 1
- Added:
- 33
- Reduced:
- 11
- Held since:
- 2015 Q1
- Held for:
- 45 quarters
- Latest activity:
- 2026 Q1
According to 2026 Q1 report, Francois Rochon holds 396,357 Visa Inc, CL-A (V) shares with a market value of roughly $119.79M accounting for 4.39% of the overall portfolio. To date, the estimated cost basis is nearly $117.41 for "buy" trades and estimated average "sell" price is $179.5. Giverny Capital first purchased V in 2015 Q1, initially acquiring 286,353 shares. Since the initial investment in Visa Inc, CL-A (V), Giverny Capital has made 44 more transactions.
When did Francois Rochon buy Visa Inc, CL-A (V)?
Francois Rochon first invested in Visa Inc, CL-A (V) in 2015 Q1 at the reported quarter-end price of $65.41 per share.
What's the cost basis of Giverny Capital's V stake?
The estimated cost basis for Visa Inc, CL-A (V) stake is around $117.41 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $117.41
- Weighted AVG sell price:
- $179.50
Francois Rochon's historical trades in Visa Inc, CL-A
45 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q1
|
4.39%
|
396,357
|
$302.24
|
$119,794,940
|
-2.70% (-10,988)
|
-0.11%
|
|
2025 Q4
|
4.77%
|
407,345
|
$350.71
|
$142,859,965
|
+0.45% (+1,825)
|
+0.02%
|
|
2025 Q3
|
4.69%
|
405,520
|
$341.38
|
$138,436,418
|
+1.05% (+4,223)
|
+0.05%
|
|
2025 Q2
|
4.89%
|
401,297
|
$355.05
|
$142,480,500
|
+1.97% (+7,748)
|
+0.09%
|
|
2025 Q1
|
5.08%
|
393,549
|
$350.46
|
$137,923,183
|
-0.55% (-2,168)
|
-0.03%
|
|
2024 Q4
|
4.57%
|
395,717
|
$316.04
|
$125,062,401
|
+1.01% (+3,957)
|
+0.05%
|
|
2024 Q3
|
4.10%
|
391,760
|
$274.95
|
$107,714,412
|
+1.24% (+4,793)
|
+0.05%
|
|
2024 Q2
|
4.29%
|
386,967
|
$262.47
|
$101,567,228
|
+1.25% (+4,759)
|
+0.05%
|
|
2024 Q1
|
4.33%
|
382,208
|
$279.08
|
$106,666,609
|
+1.36% (+5,116)
|
+0.06%
|
|
2023 Q4
|
4.61%
|
377,092
|
$260.35
|
$98,175,902
|
+1.54% (+5,722)
|
+0.07%
|
|
2023 Q3
|
4.64%
|
$230.01
|
-0.04% (-141)
|
|||
|
2023 Q2
|
4.64%
|
$237.48
|
+5.22% (+18,436)
|
|||
|
2023 Q1
|
4.80%
|
$225.46
|
-1.48% (-5,312)
|
|||
|
2022 Q4
|
4.60%
|
$207.76
|
-0.50% (-1,792)
|
|||
|
2022 Q3
|
4.33%
|
$177.65
|
+2.43% (+8,559)
|
|||
|
2022 Q2
|
4.56%
|
$196.89
|
+2.50% (+8,568)
|
|||
|
2022 Q1
|
4.29%
|
$221.77
|
+1.62% (+5,472)
|
|||
|
2021 Q4
|
3.90%
|
$216.71
|
+1.97% (+6,517)
|
|||
|
2021 Q3
|
4.40%
|
$222.75
|
-0.58% (-1,946)
|
|||
|
2021 Q2
|
4.74%
|
$233.82
|
+5.31% (+16,791)
|
|||
|
2021 Q1
|
4.48%
|
$211.73
|
+3.61% (+11,012)
|
|||
|
2020 Q4
|
5.12%
|
$218.73
|
+1.33% (+4,005)
|
|||
|
2020 Q3
|
5.52%
|
$199.97
|
+0.35% (+1,057)
|
|||
|
2020 Q2
|
5.77%
|
$193.17
|
+2.16% (+6,356)
|
|||
|
2020 Q1
|
6.03%
|
$161.12
|
-6.60% (-20,770)
|
|||
|
2019 Q4
|
5.35%
|
$187.90
|
+1.62% (+5,025)
|
|||
|
2019 Q3
|
5.31%
|
$172.01
|
-0.08% (-234)
|
|||
|
2019 Q2
|
5.43%
|
$173.55
|
+2.40% (+7,262)
|
|||
|
2019 Q1
|
5.42%
|
$156.19
|
+1.59% (+4,743)
|
|||
|
2018 Q4
|
5.18%
|
$131.94
|
-1.60% (-4,836)
|
|||
|
2018 Q3
|
5.14%
|
$150.09
|
-11.99% (-41,211)
|
|||
|
2018 Q2
|
5.92%
|
$132.45
|
+1.70% (+5,733)
|
|||
|
2018 Q1
|
5.41%
|
$119.62
|
+1.00% (+3,362)
|
|||
|
2017 Q4
|
5.24%
|
$114.02
|
-1.26% (-4,278)
|
|||
|
2017 Q3
|
5.21%
|
$105.24
|
+0.35% (+1,191)
|
|||
|
2017 Q2
|
5.12%
|
$93.78
|
+1.05% (+3,500)
|
|||
|
2017 Q1
|
4.93%
|
$88.87
|
+7.42% (+23,085)
|
|||
|
2016 Q4
|
4.11%
|
$78.02
|
+0.90% (+2,769)
|
|||
|
2016 Q3
|
4.75%
|
$82.70
|
+0.09% (+265)
|
|||
|
2016 Q2
|
4.44%
|
$74.17
|
+2.13% (+6,432)
|
|||
|
2016 Q1
|
4.54%
|
$76.48
|
+2.23% (+6,591)
|
|||
|
2015 Q4
|
4.56%
|
$77.55
|
+0.69% (+2,011)
|
|||
|
2015 Q3
|
4.11%
|
$69.66
|
+1.20% (+3,490)
|
|||
|
2015 Q2
|
3.89%
|
$67.15
|
+1.15% (+3,305)
|
|||
|
2015 Q1
|
4.10%
|
$65.41
|
new
|
|||
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.