Ruane, Cunniff & Goldfarb - Sequoia Fund 13F Activity & Position Changes (Q1 2020)
According to the SEC 13F filed on Aug 14, 2026, the Sequoia Fund portfolio showed several notable changes in holdings as of quarter-end Mar 31, 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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