Ruane Cunniff 13F holdings, Q1 2004
Holdings as of March 31, 2004 · filings on SEC EDGAR · latest filing →
Ruane Cunniff disclosed 153 US equity positions worth $12.6bn in its Q1 2004 13F filing. The largest position was BRK/A at 28.9% of the reported book, followed by PGR and FITB. Against the Q4 2003 filing, it opened 5 new positions, added to 10 and reduced 24 among the top 50 holdings.
What did Ruane Cunniff own in Q1 2004? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2003 |
|---|---|---|---|---|---|---|---|
| 1 | BRK/A Berkshire Hathaway | 28.9% | $3.7bn | 39,195 | -5% | reduced | |
| 2 | PGR Progressive Corp. Ohio | Financial Services | 18.8% | $2.4bn | 27,165,253 | -1% | reduced |
| 3 | FITB Fifth Third Bancorp | Financial Services | 11.2% | $1.4bn | 25,607,727 | -1% | reduced |
| 4 | TJX TJX Cos - New | Consumer Cyclical | 7.7% | $975.6m | 39,722,189 | -3% | reduced |
| 5 | MHK Mohawk Industries | Consumer Cyclical | 6.9% | $869.8m | 10,562,231 | -2% | reduced |
| 6 | EXPD Expeditors Int'l of Wash. Inc | Industrials | 4.8% | $605.7m | 15,389,253 | -6% | reduced |
| 7 | FAST Fastenal Co | Industrials | 2.5% | $314.0m | 5,848,524 | -8% | reduced |
| 8 | BRO Brown & Brown Inc | Financial Services | 2.0% | $251.9m | 6,497,817 | -0% | held |
| 9 | ETD Ethan Allen Interiors Inc | Consumer Cyclical | 1.8% | $228.7m | 5,542,785 | -3% | reduced |
| 10 | Walgreen | 1.7% | $209.1m | 6,345,061 | 39% | added | |
| 11 | Tiffany & Co | 1.5% | $186.6m | 4,888,382 | -3% | reduced | |
| 12 | Berkshire Hathaway | 1.3% | $160.4m | 51,568 | -4% | reduced | |
| 13 | Student Loan Corp | 1.1% | $145.2m | 936,600 | -7% | reduced | |
| 14 | Commerce Bancorp Inc/NJ | 1.0% | $128.8m | 1,955,680 | -5% | reduced | |
| 15 | IDXX Idexx Laboratories Corp | Healthcare | 0.9% | $118.8m | 2,089,317 | 30% | added |
| 16 | Jacobs Engineering Group Inc | 0.8% | $105.3m | 2,361,562 | – | new | |
| 17 | Countrywide Financial Corp | 0.8% | $97.1m | 1,012,369 | 0% | held | |
| 18 | AXP American Express | Financial Services | 0.6% | $70.6m | 1,360,788 | 0% | held |
| 19 | American Internat'l Group | 0.5% | $63.2m | 885,384 | -6% | reduced | |
| 20 | HOG Harley Davidson | Consumer Cyclical | 0.5% | $59.1m | 1,107,519 | 49% | added |
| 21 | Gtech Holdings Corp | 0.4% | $50.0m | 845,434 | 17% | added | |
| 22 | KMX Carmax, Inc | Consumer Cyclical | 0.3% | $43.4m | 1,486,100 | – | new |
| 23 | DHR Danaher Corp | Healthcare | 0.3% | $40.2m | 430,272 | -1% | reduced |
| 24 | FELE Franklin Electric | Industrials | 0.3% | $36.0m | 565,565 | -1% | reduced |
| 25 | Golden West Financial | 0.3% | $35.7m | 319,139 | -0% | held | |
| 26 | Health Management Associates I | 0.2% | $29.1m | 1,251,900 | 207% | added | |
| 27 | MRSH Marsh & McLennan Companies | Financial Services | 0.2% | $25.3m | 547,440 | 0% | held |
| 28 | Citigroup Inc | 0.2% | $22.5m | 434,742 | -1% | reduced | |
| 29 | Freddie Mac | 0.1% | $18.3m | 310,200 | – | new | |
| 30 | Gladstone Capital Corp | 0.1% | $15.2m | 677,045 | -2% | reduced | |
| 31 | Renaissance Holdings LTD | 0.1% | $14.2m | 273,766 | 0% | held | |
| 32 | Sylvan Learning Systems Inc | 0.1% | $14.2m | 403,500 | – | new | |
| 33 | KO Coca Cola Co | Consumer Defensive | 0.1% | $11.9m | 236,716 | 2% | added |
| 34 | Aon Corp | 0.1% | $11.2m | 400,000 | 0% | held | |
| 35 | North Fork Bancorporation | 0.1% | $10.0m | 235,870 | 0% | held | |
| 36 | Patterson Dental Company | 0.1% | $9.5m | 138,218 | -2% | reduced | |
| 37 | CACC Credit Acceptance Corp-Mich | Financial Services | 0.1% | $9.4m | 495,836 | -44% | reduced |
| 38 | JC Penney | 0.1% | $8.9m | 256,800 | -7% | reduced | |
| 39 | Alberto Culver | 0.1% | $8.3m | 188,617 | 45% | added | |
| 40 | IBM IBM | Technology | 0.1% | $8.1m | 88,004 | -2% | reduced |
| 41 | MO Altria Group Inc | Consumer Defensive | 0.1% | $6.6m | 121,927 | 14% | added |
| 42 | Washington Post | 0.1% | $6.3m | 7,180 | -4% | reduced | |
| 43 | Mercantile Bankshares | 0.0% | $6.3m | 145,911 | -33% | reduced | |
| 44 | HD Home Depot | Consumer Cyclical | 0.0% | $5.6m | 149,756 | -0% | held |
| 45 | LEN Lennar Corp | Consumer Cyclical | 0.0% | $5.2m | 96,500 | 100% | added |
| 46 | GOOD Gladstone Commercial | 0.0% | $5.1m | 300,000 | – | new | |
| 47 | General Motors | 0.0% | $5.1m | 108,106 | 0% | held | |
| 48 | BAC Bank of America Corp | Financial Services | 0.0% | $4.6m | 56,788 | 0% | held |
| 49 | GE General Electric | Industrials | 0.0% | $4.2m | 137,412 | 15% | added |
| 50 | TCF Financial Corp | 0.0% | $4.0m | 77,930 | -1% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.