WhaleCreep

Ruane, Cunniff & Goldfarb (Sequoia Fund) 13F holdings, Q1 2002

Long-only investorSEC filingsCompare with another fundHoldings as of 2002-03-31, filed 2002-05-15

Ruane, Cunniff & Goldfarb (Sequoia Fund) disclosed 150 US equity positions worth $9.0bn in its Q1 2002 13F filing. Its largest position is BRK/A at 33.2% of the reported book, followed by FITB and PGR. Versus Q4 2001 it opened 10 new positions, added to 37, reduced 42 and exited 22.

$9.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
150
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
33.2%
Largest position
The largest single position as a share of the reported equity book.
89.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
6
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
110
Quarters on file since Q1 1999
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q4 2001: 10 new, 37 added, 42 reduced, 22 exited

50 of 150
BRK/A BERKSHIRE HATHAWAY INC DEL–33.2%$3.0bn42,251−1.1%reduced
FITB FIFTH THIRD BANCORPFinancial Services17.0%$1.5bn22.73m−0.2%held
PGR PROGRESSIVE CORPFinancial Services11.0%$994m5.97m+3.6%added
TJX TJX COS INC NEWConsumer Cyclical9.2%$832m20.79m−0.8%reduced
EXPD EXPEDITORS INTL WASH INCIndustrials6.1%$556m9.12m−4.8%reduced
FAST FASTENAL COIndustrials3.6%$329m4.36m−0.2%held
ETD ETHAN ALLEN INTERIORS INCConsumer Cyclical2.5%$222m5.84m−0.2%held
DOV DOVER CORPIndustrials2.4%$215m5.24m−28%reduced
Household International no ticker–2.1%$186m3.28m+0.5%added
TIFEUR TIFFANY & CO NEW–1.9%$176m4.94m−0.1%held
Berkshire Hathaway no ticker–1.2%$105m44,142+5.7%added
Student Loan Corp no ticker–1.1%$99.9m1.09m+23%added
AXP AMERICAN EXPRESS COFinancial Services0.7%$64.1m1.57m−0.4%held
BRO BROWN & BROWN INCFinancial Services0.7%$61.7m1.96m+2.8%added
Commerce Bancorp Inc/NJ no ticker–0.6%$51.3m1.14m+84%added
American Internat'l Group no ticker–0.5%$46.6m646,140+21%added
Charter One Financial Inc no ticker–0.5%$43.2m1.39m0.0%held
HOG HARLEY DAVIDSON INCConsumer Cyclical0.4%$36.5m662,467−0.2%held
CVS CVS HEALTH CORPHealthcare0.4%$32.9m959,651−2.9%reduced
CTAS CINTAS CORPIndustrials0.4%$32.3m648,631−0.1%held
DHR DANAHER CORP DELHealthcare0.3%$30.6m431,273−0.1%held
Golden West Financial no ticker–0.3%$30.6m481,661−1.3%reduced
FELE FRANKLIN ELEC INCIndustrials0.3%$30.4m599,764+84%added
Citigroup Inc no ticker–0.3%$23.8m480,092−0.6%reduced
Industrie Natuzzi Spa-SP no ticker–0.2%$21.9m1.49m−3.3%reduced
Washington Mutual Inc no ticker–0.2%$21.4m646,025–new
Gladstone Capital Corp no ticker–0.2%$13.8m775,150+142%added
Mercantile Bankshares no ticker–0.1%$13.4m310,7270.0%held
KO COCA COLA COConsumer Defensive0.1%$12.9m246,786+4.7%added
TCF FINL CORP no ticker–0.1%$11.2m211,9550.0%held
Computer Associates Internat'l no ticker–0.1%$9.1m417,385–new
Spherion Corp no ticker–0.10%$8.7m789,1480.0%held
CACC CREDIT ACCEP CORP MICHFinancial Services0.09%$8.5m791,200+42%added
TELETECH HOLDINGS INC no ticker–0.09%$8.2m610,450−25%reduced
General Motors no ticker–0.08%$7.7m126,739−9.6%reduced
MHK MOHAWK INDS INCConsumer Cyclical0.08%$7.6m127,300−0.6%reduced
Penn West Petroleum Ltd no ticker–0.08%$7.6m292,500+51%added
North Folk Bancorporation no ticker–0.08%$7.3m204,720–new
HD HOME DEPOT INCConsumer Cyclical0.08%$6.8m140,420−3.8%reduced
IBM INTERNATIONAL BUSINESS MACHSTechnology0.07%$6.5m62,131−16%reduced
CR CRANE COIndustrials0.07%$6.1m223,643−11%reduced
Expedia Inc no ticker–0.07%$5.9m85,0000.0%held
BAC BANK OF AMER CORPFinancial Services0.06%$5.5m81,031−2.2%reduced
F FORD MTR COConsumer Cyclical0.05%$4.9m295,326−2.5%reduced
Philip Morris no ticker–0.05%$4.9m92,418+2.8%added
Washington Post no ticker–0.05%$4.8m7,839+2.9%added
Prepaid Legal Services Inc no ticker–0.05%$4.3m149,800−50%reduced
BBTUSD BB&T CORP–0.05%$4.2m109,9720.0%held
CMA COMERICA INC–0.04%$3.4m54,1880.0%held
MS MORGAN STANLEYFinancial Services0.04%$3.3m57,121−13%reduced

Exited since Q4 2001

22 rows
ISCAUSD INTERNATIONAL SPEEDWAY CORP0.5%$47.2m
IRON MTN INC no ticker0.07%$6.5m
Delphi Financial Group no ticker0.06%$5.0m
American Home Prods no ticker0.01%$947k
Viacom no ticker0.01%$614k
WTS Golden State Bancrp-Litig no ticker0.01%$603k
CSCO CISCO SYS INC0.01%$523k
Leeds Federal Bankshares Inc no ticker0.01%$479k
APC3EUR ANADARKO PETE CORP0.01%$474k
AVT AVNET INC0.01%$454k
STAPLES INC no ticker0.0%$360k
Clear Channel Communications I no ticker0.0%$305k
Alcoa Inc no ticker0.0%$293k
Danielson Hldg no ticker0.0%$290k
Symbol Technologies no ticker0.0%$254k
Mead Corp no ticker0.0%$247k
Archstone-Smith Tr no ticker0.0%$245k
General Motors no ticker0.0%$216k
SLB SLB LIMITED0.0%$214k
Sun Microsystems Inc no ticker0.0%$198k
American Tower Group no ticker0.0%$142k
Compaq Computer no ticker0.0%$139k

Sector mix

  • Unclassified43.9%
  • Financial Services29.6%
  • Industrials13.0%
  • Consumer Cyclical12.3%
  • Healthcare0.8%
  • Consumer Defensive0.2%
  • Technology0.1%
  • Communication Services0.01%
  • Basic Materials0.01%
  • Energy0.01%
  • Real Estate0.01%

Book over time

Every quarter on file (110)
QuarterPositionsEquity book
Q2 202654$6.4bn
Q1 202650$6.0bn
Q4 202548$6.4bn
Q3 202547$6.0bn
Q2 202543$5.8bn
Q1 202538$5.5bn
Q4 202439$5.9bn
Q3 202437$6.4bn
Q2 202437$6.4bn
Q1 202434$6.4bn
Q4 202333$6.3bn
Q3 202336$6.0bn
Q2 202334$6.3bn
Q1 202331$6.1bn
Q4 202232$6.4bn
Q3 202231$6.7bn
Q2 202231$7.7bn
Q1 202234$10.2bn
Q4 202134$11.7bn
Q3 202133$11.1bn
Q2 202135$11.3bn
Q1 202137$10.6bn
Q4 202038$9.4bn
Q3 202035$8.4bn
Q2 202037$7.5bn
Q1 202038$6.2bn
Q4 201939$8.1bn
Q3 201940$7.6bn
Q2 201937$7.4bn
Q1 201951$9.8bn
Q4 201857$9.1bn
Q3 201861$10.9bn
Q2 201861$11.2bn
Q1 201859$10.9bn
Q4 201766$12.2bn
Q3 201769$11.4bn
Q2 201770$10.8bn
Q1 201788$10.6bn
Q4 201692$10.6bn
Q3 2016100$10.7bn
Q2 2016117$10.5bn
Q1 2016133$12.9bn
Q4 2015142$17.6bn
Q3 2015149$19.5bn
Q2 2015149$21.0bn
Q1 2015155$21.1bn
Q4 2014155$19.6bn
Q3 2014160$18.9bn
Q2 2014149$18.7bn
Q1 2014143$18.7bn
Q4 2013142$18.0bn
Q3 2013145$16.8bn
Q2 2013146$15.5bn
Q1 2013108$9.8bn
Q4 2012110$8.8bn
Q3 2012111$8.7bn
Q2 201298$8.3bn
Q1 2012102$8.4bn
Q4 2011104$7.5bn
Q3 201197$6.5bn
Q2 2011108$7.1bn
Q1 2011113$6.7bn
Q4 2010116$6.5bn
Q3 2010119$6.4bn
Q2 2010116$6.8bn
Q1 2010123$6.9bn
Q4 2009117$7.1bn
Q3 2009109$6.9bn
Q2 2009117$6.3bn
Q1 2009127$5.9bn
Q4 2008135$6.4bn
Q3 2008153$8.5bn
Q2 2008171$9.4bn
Q1 2008168$10.4bn
Q4 2007165$11.5bn
Q3 2007168$11.8bn
Q2 2007175$11.3bn
Q1 2007173$11.4bn
Q4 2006174$12.1bn
Q3 2006176$12.3bn
Q2 2006177$12.4bn
Q1 2006185$13.3bn
Q4 2005179$13.2bn
Q3 2005182$12.3bn
Q2 2005179$12.2bn
Q1 2005179$12.3bn
Q4 2004173$12.6bn
Q3 2004161$12.4bn
Q2 2004156$12.7bn
Q1 2004153$12.6bn
Q4 2003147$12.0bn
Q3 2003135$10.5bn
Q2 2003143$10.1bn
Q1 2003147$9.0bn
Q4 2002153$9.6bn
Q3 2002155$9.3bn
Q2 2002155$8.8bn
Q1 2002150$9.0bn
Q4 2001162$9.0bn
Q3 2001149$8.2bn
Q2 2001156$8.3bn
Q1 2001171$4.9bn
Q4 2000170$5.1bn
Q3 2000188$4.7bn
Q2 2000177$4.1bn
Q1 2000184$4.6bn
Q4 1999182$5.0bn
Q3 1999183$4.7bn
Q2 1999191$5.4bn
Q1 1999188$9.2bn

Where Ruane, Cunniff & Goldfarb (Sequoia Fund) was early

45 rows
MLM Martin Marietta Materials IncQ3 19996 of 1840.01%9.0%12Exited by Q2 2010+109%
DHR DANAHER CORP DELQ4 19993 of 2350.01%1.5%71Exited by Q3 2017+823%
ETD Ethan Allen Interiors IncQ2 20001 of 661.9%2.7%21Exited by Q3 2005+40%
ITW Illinois Tool WorksQ3 20001 of 1210.9%1.7%32Exited by Q1 2015+239%
TJX TJX COS INC NEWQ3 20002 of 1852.6%16.8%78Exited by Q1 2020+2071%
FAST FASTENAL COQ1 20011 of 1422.3%13.1%72Exited by Q1 2019+668%
MHK MOHAWK INDS INCQ2 20011 of 1730.08%11.2%93Exited by Q3 2024+223%
CACC CREDIT ACCEP CORP MICHQ2 20017 of 1020.02%7.1%62Held at last filing, Q2 2026+8169%
IDXX IDEXX LABS INCQ3 20032 of 1470.3%10.7%65Exited by Q4 2019+2456%
KMX CARMAX INCQ1 20047 of 1680.3%11.6%50Exited by Q4 2025+207%
AZO Autozone IncQ2 20043 of 1651.1%1.1%6Exited by Q4 2010+186%
BDX Becton Dickinson & Co.Q1 20052 of 1680.0%1.9%21Exited by Q3 2014+102%
PCAR Paccar IncQ4 20051 of 1240.02%1.9%19Exited by Q3 2010+30%
COF CAPITAL ONE FINL CORPQ1 200619 of 2270.1%7.8%31Held at last filing, Q2 2026+149%
LOW Lowe's Companies Inc.Q2 20063 of 2090.2%1.7%35Exited by Q2 2016+150%
WRB WR Berkley CorpQ1 20073 of 1160.0%1.5%19Exited by Q4 2011−10%
CAT CATERPILLAR INC DELQ2 20074 of 1870.04%1.8%40Exited by Q2 2017+18%
V VISA INCQ1 20085 of 2841.8%3.4%53Exited by Q2 2021+1258%
CMI Cummins Engine IncQ3 20083 of 1551.3%1.8%3Exited by Q2 2009−42%
OMC OMNICOM GROUP INCQ1 20092 of 1311.2%3.0%39Exited by Q4 2018+191%
PXGBX PRAXAIR INCQ3 20093 of 681.3%2.7%30Exited by Q1 2017+43%
BRK/B BERKSHIRE HATHAWAY INC DELQ4 20092 of 1802.5%6.3%67Held at last filing, Q2 2026+661%
TRMB TRIMBLE INCQ1 20102 of 1440.1%1.2%35Exited by Q4 2018+203%
WAT WATERS CORPQ1 20105 of 1370.0%3.0%34Exited by Q4 2018+188%
FSLR First Solar IncQ1 20106 of 2140.03%1.8%13Exited by Q2 2013−78%
PRI PRIMERICA INCQ2 20101 of 1021.2%2.1%38Exited by Q1 2022+615%
PRGO PERRIGO CO PLCQ3 20102 of 1721.7%2.6%27Exited by Q2 2017+3.4%
WKC World Fuel Services CorpQ4 20101 of 850.5%3.1%17Exited by Q1 2015+30%
GLW CorningQ2 20118 of 1961.6%1.6%8Exited by Q2 2013−27%
ORLY O REILLY AUTOMOTIVE INC NEWQ2 20135 of 1622.7%6.1%23Exited by Q1 2019+206%
RRC Range Resources CorpQ2 20135 of 1471.5%1.7%13Exited by Q3 2016−44%
AAP Advance Auto PartsQ2 20137 of 1793.3%3.3%7Exited by Q1 2015+96%
GS GOLDMAN SACHS GROUP INCQ2 201314 of 2291.4%1.6%23Exited by Q3 2024+199%
MA MASTERCARD INCORPORATEDQ2 201323 of 2632.0%7.2%32Exited by Q2 2021+520%
GOOGL ALPHABET INCQ3 20151 of 3751.8%11.1%44Held at last filing, Q2 2026+1020%
GOOG ALPHABET INCQ3 20152 of 3501.8%12.0%44Held at last filing, Q2 2026+1061%
XRAY DENTSPLY SIRONA INCQ1 20162 of 1502.3%5.3%13Exited by Q3 2019−5.3%
BLDR BUILDERS FIRSTSOURCE INCQ2 20169 of 2080.4%1.2%36Exited by Q2 2025+1011%
W WAYFAIR INCQ2 201620 of 2410.05%8.1%23Exited by Q4 2022−17%
BKNG BOOKING HLDGS INCQ1 201820 of 3133.3%4.5%9Exited by Q2 2020−35%
ANET ARISTA NETWORKS INCQ2 201911 of 2260.01%6.5%9Exited by Q3 2021+40%
TSM TAIWAN SEMICONDUCTOR MANUFACQ4 201924 of 3292.1%8.7%27Held at last filing, Q2 2026+722%
J JACOBS SOLUTIONS INCQ3 20222 of 1164.5%6.5%16Held at last filing, Q2 2026+40%
LLYVK LIBERTY MEDIA CORP DELQ3 20236 of 1707.1%10.1%12Held at last filing, Q2 2026+53%
AMTM AMENTUM HOLDINGS INCQ3 20241 of 1041.3%1.3%8Held at last filing, Q2 2026−36%

Concentration and tenure

19.9%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
74.9%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
6
Median completed holding, quarters