Portfolio holdings of Ruane Cunniff - Sequoia Fund. Ruane Cunniff - Sequoia Fund stock picks:. Stock Holdings page.
Ruane Cunniff - Sequoia Fund
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Ruane, Cunniff & Goldfarb, founded in 1969 by William J. Ruane and Richard T. Cunniff, is the investment firm that manages the Sequoia Fund. The Fund has one of the best long-term track records on Wall Street.
Investment Strategy
The Fund's investment objective is long-term growth of capital. In pursuing this objective, the fund focuses principally on common stocks that it believes are undervalued at the time of purchase and have potential for growth. A guiding principle is the consideration of common stocks as units of ownership of a business and the purchase of them when the price appears low in relation to the value of the total enterprise. No weight is given to technical stock market studies. The balance sheet and earnings history and prospects of each investment are extensively studied to appraise fundamental value.
Investment Strategy
The Fund's investment objective is long-term growth of capital. In pursuing this objective, the fund focuses principally on common stocks that it believes are undervalued at the time of purchase and have potential for growth. A guiding principle is the consideration of common stocks as units of ownership of a business and the purchase of them when the price appears low in relation to the value of the total enterprise. No weight is given to technical stock market studies. The balance sheet and earnings history and prospects of each investment are extensively studied to appraise fundamental value.
Period: Q3 2024
Portfolio date: 30 Sep 2024
No. of stocks: 25
Portfolio value: $3,540,419,000
| History | Stock | % of Portfolio |
RecentActivity | Shares | ReportedPrice* | Value | Current Price |
+/-Reported Price |
52Week Low |
52Week High |
|
| ≡ | RYCEF - Rolls Royce Holdings plc | 9.82 | 49,351,100 | $7.05 | $347,846,000 | $6.31 | -10.50% | $2.36 | $6.86 | ||
| ≡ | ICE - Intercontinental Exchange Inc. | 7.98 | 1,758,666 | $160.64 | $282,512,000 | $155.77 | -3.03% | $110.38 | $167.99 | ||
| ≡ | CNSWF - Constellation Software Inc. | 7.64 | 83,187 | $3253.36 | $270,637,000 | $3091.00 | -4.99% | $1919.43 | $3423.95 | ||
| ≡ | GOOGL - Alphabet Inc. | 6.23 | Reduce 4.41% | 1,328,908 | $165.85 | $220,399,000 | $175.98 | 6.11% | $127.58 | $191.50 | |
| ≡ | UNH - United Health Group Inc. | 6.20 | 375,441 | $584.68 | $219,513,000 | $600.50 | 2.71% | $433.00 | $630.73 | ||
| ≡ | FWONK - Liberty Media Corp Formula One Series C | 6.01 | 2,746,244 | $77.43 | $212,642,000 | $84.07 | 8.58% | $61.23 | $86.66 | ||
| ≡ | TSM - Taiwan Semiconductor S.A. | 5.50 | 1,120,404 | $173.67 | $194,581,000 | $188.36 | 8.46% | $93.40 | $212.60 | ||
| ≡ | SCHW - Charles Schwab Corp. | 5.11 | Reduce 6.48% | 2,789,418 | $64.81 | $180,782,000 | $80.46 | 24.15% | $54.61 | $82.50 | |
| ≡ | ELV - Elevance Health Inc. | 4.90 | 333,699 | $520.00 | $173,523,000 | $397.48 | -23.56% | $391.02 | $565.56 | ||
| ≡ | UMGNF - Universal Music Grp NV | 4.62 | Add 2.23% | 6,250,818 | $26.16 | $163,515,000 | $25.91 | -0.96% | $22.53 | $31.94 | |
| ≡ | SAP - SAP SE | 4.59 | 713,889 | $227.53 | $162,430,000 | $235.02 | 3.29% | $146.54 | $243.01 | ||
| ≡ | ERFSF - Eurofins Scientific SE | 4.45 | 2,485,155 | $63.34 | $157,405,000 | $59.18 | -6.57% | $44.13 | $67.71 | ||
| ≡ | COF - Capital One Financial | 4.37 | 1,033,339 | $149.73 | $154,722,000 | $180.69 | 20.68% | $103.68 | $197.66 | ||
| ≡ | J - Jacobs Solutions Inc. | 3.67 | 992,737 | $130.90 | $129,949,000 | $132.50 | 1.22% | $99.52 | $150.54 | ||
| ≡ | META - Meta Platforms Inc. | 3.62 | 223,757 | $572.44 | $128,087,000 | $565.52 | -1.21% | $312.72 | $602.95 | ||
| ≡ | CACC - Credit Acceptance Corp. | 3.30 | Reduce 9.17% | 263,561 | $443.42 | $116,868,000 | $447.57 | 0.94% | $409.22 | $616.66 | |
| ≡ | ASHTF - Ashtead Group plc | 3.26 | 1,490,595 | $77.36 | $115,306,000 | $70.86 | -8.40% | $55.11 | $76.84 | ||
| ≡ | BRK.B - Berkshire Hathaway CL B | 1.94 | 149,463 | $460.26 | $68,792,000 | $468.83 | 1.86% | $350.85 | $484.82 | ||
| ≡ | LBRDK - Liberty Broadband Corp. CL C | 1.91 | 876,573 | $77.29 | $67,750,000 | $87.56 | 13.29% | $46.46 | $101.50 | ||
| ≡ | CHTR - Charter Communications | 1.55 | 169,617 | $324.08 | $54,969,000 | $389.12 | 20.07% | $236.08 | $415.27 | ||
| ≡ | KMX - CarMax Inc. | 1.41 | Reduce 55.59% | 645,901 | $77.38 | $49,980,000 | $76.66 | -0.93% | $62.90 | $88.22 | |
| ≡ | AMTM - Amentum Holdings Inc. | 0.90 | Buy | 992,737 | $32.25 | $32,016,000 | $22.41 | -30.51% | $21.24 | $34.47 | |
| ≡ | LBRDA - Liberty Broadband Corp. CL A | 0.74 | 341,062 | $76.82 | $26,200,000 | $86.87 | 13.08% | $47.17 | $100.44 | ||
| ≡ | LMGIF - Lumine Group Inc. | 0.20 | 298,252 | $23.37 | $6,969,000 | $24.47 | 4.71% | $12.00 | $29.07 | ||
| ≡ | FWONA - Liberty Media Corp Formula One Series A | 0.09 | 42,305 | $71.53 | $3,026,000 | $77.00 | 7.65% | $55.25 | $79.67 |
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
Sector % analysis
| Technology | 28.52 | |
| Financials | 22.70 | |
| Health Care | 15.55 | |
| Industrial Goods | 9.82 | |
| Services | 9.56 | |
| Industrials | 7.83 | |
| Communication Services | 4.62 | |
| Consumer Discretionary | 1.41 |
Articles & Commentaries
16 Jul 2024 Sequoia Strategy Letter Q2 2024
18 Apr 2024 Sequoia Q1 2024 Portfolio Review Video
09 Feb 2024 Sequoia Fund 2023 Year End Portfolio Review
20 Oct 2023 Sequoia Fund Q3 2023 Portfolio Review
12 Jul 2023 Sequoia Strategy Letter Q2 2023
03 Feb 2023 Sequoia Strategy Letter Q4 2022
20 Jan 2023 Sequoia Fund Q4 2022 Portfolio Review
20 Oct 2022 Sequoia Strategy - Q3 2022 - Portfolio Review
19 Apr 2022 Sequoia Fund Webcast: Q1 2022 Portfolio Review
12 Apr 2022 Sequoia Q1 2022 Commentary
27 Jan 2022 Sequoia Q4 2021 Investor Letter
04 Nov 2021 Podcast interview with Arman Gokgol-Kline of Ruane, Cunniff & Goldfarb discussing Universal Music Group
12 Oct 2021 Sequoia Q3 2021 Portfolio Review Webcast
12 Oct 2021 Sequoia Q3 2021 Commentary
20 Sep 2021 Value Investing With Legends Podcast interview with Chase Sheridan and Will Pan of Ruane, Cunniff & Goldfarb
15 Jul 2021 Sequoia Fund Webcast: Q2 2021 Portfolio Review
12 Jul 2021 Podcast Interview with John Harris, managing partner of Ruane, Cunniff & Goldfarb, the flagship Sequoia Fund
13 Apr 2021 Ruane, Cunniff & Goldfarb Q1 2021 Commentary
25 Jan 2021 Sequoia Q4 2020 Commentary
07 Apr 2020 Ruane, Cunniff & Goldfarb Q1 2020 Commentary
23 Jan 2020 Ruane, Cunniff & Goldfarb Q4 2019 Commentary
09 Jul 2019 Sequoia Q2 2019 Investor Letter
09 Apr 2019 Sequoia Q1 2019 Investor Letter
29 Jan 2019 Sequoia Q4 2018 Commentary
04 Oct 2018 Sequoia Q3 2018 Investor Letter
05 Jul 2018 Sequoia Q2 2018 Investor Letter
09 Apr 2018 Sequoia Q1 2018 Commentary
30 Oct 2017 Sequoia Q3 2017 Commentary