WhaleCreep

Ruane, Cunniff & Goldfarb (Sequoia Fund) 13F holdings, Q4 2010

Long-only investorSEC filingsCompare with another fundHoldings as of 2010-12-31, filed 2011-02-14

Ruane, Cunniff & Goldfarb (Sequoia Fund) disclosed 116 US equity positions worth $6.5bn in its Q4 2010 13F filing. Its largest position is BRK/A at 18.3% of the reported book, followed by TJX and IDXX. Versus Q3 2010 it opened 13 new positions, added to 8, reduced 39 and exited 16.

$6.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
116
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
18.3%
Largest position
The largest single position as a share of the reported equity book.
75.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
12
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 Q3 2010: 13 new, 8 added, 39 reduced, 16 exited

50 of 116
BRK/A BERKSHIRE HATHAWAY INC DEL–18.3%$1.2bn9,838−1.3%reduced
TJX TJX COS INC NEWConsumer Cyclical11.8%$763m17.18m+0.7%added
IDXX IDEXX LABS INCHealthcare10.6%$688m9.93m−8.6%reduced
FAST FASTENAL COIndustrials10.6%$685m11.44m−0.5%reduced
MHK MOHAWK INDS INCConsumer Cyclical7.3%$474m8.35m−2.1%reduced
PRECISION CASTPARTS CORP no ticker–6.7%$432m3.11m−0.6%reduced
IBM INTERNATIONAL BUSINESS MACHSTechnology3.3%$216m1.47m−0.3%held
WMT WALMART INCConsumer Defensive2.9%$189m3.50m−0.2%held
OMC OMNICOM GROUP INCCommunication Services2.1%$136m2.96m−0.6%reduced
RBAGBP RITCHIE BROS AUCTIONEERS–1.9%$122m5.29m−0.6%reduced
BRK/B BERKSHIRE HATHAWAY INC DEL–1.9%$121m1.51m+2.4%added
BDX BECTON DICKINSON & COHealthcare1.9%$120m1.42m−0.2%held
PXGBX PRAXAIR INC–1.8%$117m1.23m−0.3%held
PRGO PERRIGO COHealthcare1.7%$110m1.74m−0.3%held
V VISA INCFinancial Services1.6%$101m1.43m−0.1%held
PRI PRIMERICA INCFinancial Services1.4%$89.9m3.71m0.0%held
BRO BROWN & BROWN INCFinancial Services1.2%$79.0m3.30m−1.9%reduced
CONCUR TECHNOLOGIES INC no ticker–1.2%$74.4m1.43m−16%reduced
DHR DANAHER CORP DELHealthcare1.1%$70.0m1.48m+1.1%added
AXP AMERICAN EXPRESS COFinancial Services1.0%$62.6m1.46m−2.4%reduced
MCGRAW HILL FINL INC no ticker–0.7%$43.9m1.21m−20%reduced
WRB BERKLEY W R CORPFinancial Services0.7%$43.9m1.60m0.0%held
PXDEUR PIONEER NAT RES CO–0.7%$42.3m487,5400.0%held
Aon Corp no ticker–0.6%$38.1m827,1700.0%held
CNQ CANADIAN NAT RES LTD MED TEREnergy0.5%$34.0m764,754–new
CVS CVS HEALTH CORPHealthcare0.5%$32.8m941,935+0.1%held
CHKEUR CHESAPEAKE ENERGY CORP–0.5%$31.2m1.21m−44%reduced
WKC WORLD KINECT CORPORATIONEnergy0.5%$29.8m823,795–new
APOLLO ED GROUP INC no ticker–0.4%$27.8m703,500+40%added
KO COCA COLA COConsumer Defensive0.4%$26.8m407,534−0.1%held
EXPD EXPEDITORS INTL WASH INCIndustrials0.4%$23.9m436,885−4.4%reduced
PEP PEPSICO INCConsumer Defensive0.3%$19.6m299,9060.0%held
PAM PAMPA ENERGIA SAIndustrials0.3%$17.1m1.01m0.0%held
GLRE GREENLIGHT CAPITAL RE LTDFinancial Services0.2%$11.8m441,7640.0%held
CRESY CRESUD S A C I F Y AIndustrials0.2%$11.5m605,2470.0%held
CTRA COTERRA ENERGY INC–0.2%$11.4m301,5000.0%held
MTD METTLER TOLEDO INTERNATIONALHealthcare0.2%$10.8m71,232−2.2%reduced
TRMB TRIMBLE INCTechnology0.2%$10.7m267,605−0.7%reduced
PG PROCTER & GAMBLE COConsumer Defensive0.2%$10.6m165,123−0.5%reduced
STRAYER ED INC no ticker–0.2%$10.0m65,698+26%added
UPLEUR ULTRA PETROLEUM CORP–0.1%$9.6m200,5000.0%held
Washington Post no ticker–0.1%$9.4m21,3240.0%held
Petrohawk Energy Corp no ticker–0.1%$7.3m400,0000.0%held
CAT CATERPILLAR INCIndustrials0.1%$7.0m74,656−0.9%reduced
GE GENERAL ELECTRIC COIndustrials0.1%$6.7m367,587−1.2%reduced
MAN MANPOWERGROUP INCIndustrials0.10%$6.3m100,0000.0%held
PM PHILIP MORRIS INTL INCConsumer Defensive0.10%$6.2m105,285−6.6%reduced
EG EVEREST GROUP LTDFinancial Services0.09%$6.1m72,000−5.1%reduced
CCK CROWN HLDGS INCConsumer Cyclical0.09%$5.9m176,0000.0%held
MCD MCDONALDS CORPConsumer Cyclical0.09%$5.8m75,4960.0%held

Exited since Q3 2010

16 rows
O Reilly Automotive Inc no ticker2.9%$184m
Liberty Global Inc no ticker0.2%$15.4m
JOBSUSD 51JOB INC0.1%$9.3m
CACC CREDIT ACCEP CORP MICH0.09%$6.1m
PENN VA CORP no ticker0.08%$5.2m
Thermadyne Holdiings Corp no ticker0.05%$3.4m
BFH BREAD FINANCIAL HOLDINGS INC0.05%$3.3m
Student Loan Corp no ticker0.05%$3.1m
AZO AUTOZONE INC0.03%$2.1m
9990302D APACHE CORP0.01%$431k
ORCL ORACLE CORP0.0%$289k
Genzyme no ticker0.0%$241k
DU PONT E I DE NEMOURS & CO no ticker0.0%$231k
Proshares Short S&P 500 no ticker0.0%$220k
SLB SLB LIMITED0.0%$208k
Cascade Bancorp no ticker0.0%$7.0k

Sector mix

  • Unclassified35.7%
  • Consumer Cyclical19.4%
  • Healthcare16.0%
  • Industrials11.9%
  • Financial Services6.2%
  • Consumer Defensive4.0%
  • Technology3.6%
  • Communication Services2.1%
  • Energy1.0%
  • Basic Materials0.01%
  • 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