Giverny Capital Asset Management (GCAM) was founded in 2020 as a partnership between Giverny Capital Inc. of Montreal (led by founder François Rochon) and David Poppe, who previously served as CEO of Ruane, Cunniff & Goldfarb and as co-manager of the Sequoia Fund. GCAM directly selects securities for concentrated value-oriented portfolios of 20–30 stocks with low turnover. Because GCAM and Giverny Capital share investment ideas, research, and philosophy, the two firms often own many of the same stocks.
Overview
- Headquarters
- New York, NY
- Total Firm Assets
- $599 million
- Average High-Net-Worth Client Portfolio Size
- $2.3 million
Recent Rankings
Fee Disclosure
Source: GCAM ADV 2A (2025-04-03)
· View brochure text
Latest filing: GIVERNY CAPITAL ASSET MANAGEMENT ADV PART 2A 2025 (2026-03-30)
· View brochure text
| Min | Max | Disclosed Annual Rate |
|---|---|---|
| $0 | $10,000,000 | 1.00% |
| $10,000,001 | $30,000,000 | 0.80% |
| $30,000,001 | and above | 0.60% |
Estimated Annual Advisory Fees
| Portfolio Value | Estimated Annual Fee | Effective Fee Rate |
|---|---|---|
| $1 million | $10,000 | 1.00% |
| $5 million | $50,000 | 1.00% |
| $10 million | $100,000 | 1.00% |
| $50 million | $380,000 | 0.76% |
| $100 million | $680,000 | 0.68% |
Actual fees may vary; other investment costs may apply.
Compare fees: lowest-fee advisors in New York for $2M portfolios · $10M portfolios
Clients
- High-Net-Worth Share of Firm Assets
- 84.65%
- Number of High-Net-Worth Clients
- 221
- Total Client Accounts
- 346
- Discretionary Accounts
- 346
Services Offered
Services: Portfolio Management for Individuals, Portfolio Management for Institutional Clients
Regulatory Filings
- SEC CRD Number
- 306473
- GIVERNY CAPITAL ASSET MANAGEMENT ADV PART 2A 2025 (2026-03-30) · View brochure text
- GCAM ADV 2A (2025-04-03) (fee schedule source) · View brochure text
View firm on SEC ↗ · Current Form ADV (PDF) ↗