Giverny Capital Asset Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Giverny Capital Asset Management reports 346 clients. They include 221 high-net-worth individuals, 116 individual clients, and 8 corporations and other businesses. Of its assets, 100.0% ($599M across 346 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 34% | 12% |
| High-net-worth individuals | 64% | 85% |
| Charitable organizations | <1% | 2% |
| Corporations and other businesses | 2% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 116 | $71.7M | 12.0% | $618K |
| High-net-worth individuals | 221 | $507M | 84.6% | $2.3M |
| Charitable organizations | 1 | $14.1M | 2.4% | $14.1M |
| Corporations and other businesses | 8 | $6.15M | 1.0% | $768K |
| Total | 346 | $599M | 100% | $1.73M |
- Clients
- 116
- Regulatory AUM
- $71.7M
- AUM share
- 12.0%
- Avg. per client
- $618K
- Clients
- 221
- Regulatory AUM
- $507M
- AUM share
- 84.6%
- Avg. per client
- $2.3M
- Clients
- 1
- Regulatory AUM
- $14.1M
- AUM share
- 2.4%
- Avg. per client
- $14.1M
- Clients
- 8
- Regulatory AUM
- $6.15M
- AUM share
- 1.0%
- Avg. per client
- $768K
Total
- Clients
- 346
- Regulatory AUM
- $599M
- AUM share
- 100%
- Avg. per client
- $1.73M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Giverny Capital Asset Management charges 0.60%–1.00% a year for its Annual investment advisory fee. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$10M | 1.00% |
| $10M–$30M | 0.80% |
| $30M and above | 0.60% |
Fee details and sources
Giverny Capital Management Inc. owns 50% to 75% of Giverny Capital Asset Management and is in turn owned by Musee Giverny Capital Inc. (75% or more). The leadership team of Giverny Capital Asset Management includes President David Poppe. It has 3 employees, 2 of them in advisory roles.
Staff
- 3 employees
- 2 in advisory functions
- Owns 50% to 75% of Giverny Capital Asset Management LLC
Giverny Capital Management Inc.
Control person · since December 2019
- Owns 75% or more of Giverny Capital Management Inc.
Musee Giverny Capital Inc.
Control person · since September 2017
- Owns 50% to 75% of Giverny Capital Asset Management LLC
Poppe Henderson, LLC
Control person · since December 2019
- Owns 75% or more of Poppe Henderson, LLC
David Poppe
Control person · since November 2019
Giverny Capital Asset Management’s regulatory assets grew 5.0× from $119M (March 2021) to $599M (March 2026); clients rose from 24 to 346 and employees from 1 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $599M | 346 | 3 | 1 |
| Apr 2025April 2025 | $503M | 272 | 3 | 1 |
| Mar 2024March 2024 | $369M | 191 | 3 | 1 |
| Apr 2023April 2023 | $222M | 99 | 1 | 1 |
| Mar 2022March 2022 | $197M | 50 | 1 | 1 |
| Mar 2021March 2021 | $119M | 24 | 1 | 1 |
Besides its headquarters, Giverny Capital Asset Management has 0 offices, with 1 listed address in 1 state.
New York · 1 listed address
- 600 Madison Avenue, #2300, New YorkHQ
Contact and registration details
- Legal name
- Giverny Capital Asset Management LLC
- Headquarters
- 600 Madison Avenue, #2300, New York, NY 10022
- Website
- Not reported
- Phone
- 646-669-8950
- SEC file
- 801-118218
- Founded
- 2019
- Structure
- New York LLC
- Fiscal year end
- December
Giverny Capital Asset Management’s named custodians for separately managed accounts are Charles Schwab ($515M, 86%), American Trust Investment Services ($58M, 10%) and Fidelity ($25.9M, 4%). Giverny Capital Asset Management does not have custody of client assets.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- Charles SchwabCharles Schwab & Co., Inc. · Dallas, TX · $515M86%
- FidelityFidelity Brokerage Services LLC · Boston, MA · $25.9M4%
- American Trust Investment ServicesAmerican Trust Investment Services, Inc. · Dallas, TX · $58M10%
At year end, Giverny Capital Asset Management’s separately managed accounts were mostly in stocks (93%).
What the accounts hold
- Stocks93%
- Cash7%
How many clients does Giverny Capital Asset Management have?
Giverny Capital Asset Management has 346 clients and manages $599 million for them, as of March 2026. They include 221 high-net-worth individuals, 116 individual clients, and 8 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Giverny Capital Asset Management offer?
Giverny Capital Asset Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Giverny Capital Asset Management charge?
Giverny Capital Asset Management charges 0.60%–1.00% a year for its Annual investment advisory fee. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Source: GIVERNY CAPITAL ASSET MANAGEMENT ADV PART 2A 2025, filed 30 March 2026
Which custodians does Giverny Capital Asset Management use?
Giverny Capital Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Dallas, TX), with $515M, American Trust Investment Services, Inc. (Dallas, TX), with $58M and Fidelity Brokerage Services LLC (Boston, MA), with $25.9M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Giverny Capital Asset Management have?
Giverny Capital Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Giverny Capital Asset Management invest in?
At the end of its last fiscal year, Giverny Capital Asset Management’s separately managed accounts held 93% exchange-traded equities and 7% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Giverny Capital Asset Management?
Giverny Capital Asset Management is owned through holding companies by David Poppe and Musee Giverny Capital Inc. Its direct owners are Giverny Capital Management Inc. (50% to 75%) and Poppe Henderson, LLC (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Giverny Capital Asset Management get paid?
Giverny Capital Asset Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Giverny Capital Asset Management?
Giverny Capital Asset Management’s main office is at 600 Madison Avenue, #2300, New York, NY 10022. Its phone number is 646-669-8950.