Ruane, Cunniff & Goldfarb - Sequoia Fund 13F Activity & Position Changes (Q1 2020)
As of Mar 31, 2020, the Sequoia Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2020. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q1 2020, the filing reported:
New Buys - Angi Inc., Progressive Corporation (The)
Increases - Arista Networks, Inc., Booking Holdings Inc. Common St, Builders FirstSource, Inc., Credit Acceptance Corporation, CarMax Inc, and 4 more
Reductions - American Electric Power Company, Amazon.com, Inc., Berkshire Hathaway Inc., Berkshire Hathaway Inc. New, Edison International, and 12 more
Complete Exits - JP Morgan Chase & Co., Rimini Street, Inc., TJX Companies, Inc. (The), Wells Fargo & Company
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q1 2020
|
AEP
American Electric Power Company
|
Sell |
-1,829
|
|
Q1 2020
|
AMZN
Amazon.com, Inc.
|
Sell |
-39,578
|
|
Q1 2020
|
ANET
Arista Networks, Inc.
|
Buy |
+263,639
|
|
Q1 2020
|
ANGI
Angi Inc.
|
Buy - Position Entry |
+12,176
|
|
Q1 2020
|
BKNG
Booking Holdings Inc. Common St
|
Buy |
+33,567
|
|
Q1 2020
|
BLDR
Builders FirstSource, Inc.
|
Buy |
+7,760
|
|
Q1 2020
|
BRK-A
Berkshire Hathaway Inc.
|
Sell |
-760
|
|
Q1 2020
|
BRK-B
Berkshire Hathaway Inc. New
|
Sell |
-136,467
|
|
Q1 2020
|
CACC
Credit Acceptance Corporation
|
Buy |
+14,659
|
|
Q1 2020
|
EIX
Edison International
|
Sell |
-2,547
|
|
Q1 2020
|
FWONK
Liberty Media Corp Formula One Group
|
Sell |
-369,870
|
|
Q1 2020
|
GOOG
Alphabet Inc.
|
Sell |
-89,431
|
|
Q1 2020
|
GOOGL
Alphabet Inc.
|
Sell |
-3,783
|
|
Q1 2020
|
JPM
JP Morgan Chase & Co.
|
Sell - Position Exit |
-1,708
|
|
Q1 2020
|
KMX
CarMax Inc
|
Buy |
+1,213,362
|
|
Q1 2020
|
KO
Coca-Cola Company (The)
|
Sell |
-3,034
|
|
Q1 2020
|
LBRDA
Liberty Broadband Corporation
|
Sell |
-21,877
|
|
Q1 2020
|
LBRDK
Liberty Broadband Corporation
|
Sell |
-667,715
|
|
Q1 2020
|
MA
Mastercard Incorporated
|
Sell |
-137,111
|
|
Q1 2020
|
META
Meta Platforms, Inc.
|
Sell |
-53,982
|
|
Q1 2020
|
MHK
Mohawk Industries, Inc.
|
Sell |
-3,176
|
|
Q1 2020
|
PG
Procter & Gamble Company (The)
|
Sell |
-1,203
|
|
Q1 2020
|
PGR
Progressive Corporation (The)
|
Buy - Position Entry |
+3,539
|
|
Q1 2020
|
RMNI
Rimini Street, Inc.
|
Sell - Position Exit |
-10,119
|
|
Q1 2020
|
SCHW
Charles Schwab Corporation (The
|
Buy |
+3,274,798
|
|
Q1 2020
|
TJX
TJX Companies, Inc. (The)
|
Sell - Position Exit |
-8,141
|
|
Q1 2020
|
TSM
Taiwan Semiconductor Manufactur
|
Buy |
+65,000
|
|
Q1 2020
|
UNH
UnitedHealth Group Incorporated
|
Buy |
+1,056,896
|
|
Q1 2020
|
UNP
Union Pacific Corporation
|
Sell |
-1,124
|
|
Q1 2020
|
V
Visa Inc.
|
Sell |
-111,202
|
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