Published on 27 Jan 2023 on Insider Monkey via Yahoo Finance
Giverny Capital, an investment management company, recently published its fourth-quarter investor letter in 2022. A copy of the same can be downloaded here. The model portfolio of the firm appreciated 8.49%, net of fees in the fourth quarter compared to a 7.56% return for the Standard & Poor’s 500 Index. For 2022, the fund delivered a -22.65% return compared to a -18.11% return for the Index. Oil and energy was the strongest sector in the year increased by 65%. In addition, you can check the top 5 holdings of the fund to see its best picks for 2022.
Giverny Capital highlighted stocks like Arista Networks, Inc. (NYSE:ANET) in its Q4 2022 investor letter. Headquartered in Santa Clara, California, Arista Networks, Inc. (NYSE:ANET) is a cloud networking solutions provider. On January 26, 2023, Arista Networks, Inc. (NYSE:ANET) stock closed at $123.99 per share. One-month return of Arista Networks, Inc. (NYSE:ANET) was 2.18%, and its shares gained 3.16% of their value over the last 52 weeks. Arista Networks, Inc. (NYSE:ANET) has a market capitalization of $38.102 billion.
Giverny Capital made the following comment about Arista Networks, Inc. (NYSE:ANET) in its Q4 2022 investor letter: