Ruane, Cunniff & Goldfarb - Sequoia Fund 13F Activity & Position Changes (Q1 2021)
According to the SEC 13F filed on May 17, 2021, the Sequoia Fund portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2021. 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 2021, the filing reported:
New Buys - Alibaba Group Holding Limited, Elevance Health, Inc., International Money Express, In, Micron Technology, Inc., Primerica, Inc., and 1 more
Increases - Credit Acceptance Corporation, Equitable Holdings, Inc., CarMax Inc, Liberty Broadband Corporation, Meta Platforms, Inc., and 1 more
Reductions - Amazon.com, Inc., Arista Networks, Inc., Builders FirstSource, Inc., Berkshire Hathaway Inc., Berkshire Hathaway Inc. New, and 13 more
Complete Exits - American Electric Power Company, Edison International, Coca-Cola Company (The), Procter & Gamble Company (The), Progressive Corporation (The), and 1 more
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 2021
|
AEP
American Electric Power Company
|
Sell - Position Exit |
-3,766
|
|
Q1 2021
|
AMZN
Amazon.com, Inc.
|
Sell |
-8
|
|
Q1 2021
|
ANET
Arista Networks, Inc.
|
Sell |
-500,945
|
|
Q1 2021
|
BABA
Alibaba Group Holding Limited
|
Buy - Position Entry |
+3,505
|
|
Q1 2021
|
BLDR
Builders FirstSource, Inc.
|
Sell |
-6,561
|
|
Q1 2021
|
BRK-A
Berkshire Hathaway Inc.
|
Sell |
-189
|
|
Q1 2021
|
BRK-B
Berkshire Hathaway Inc. New
|
Sell |
-427,223
|
|
Q1 2021
|
CACC
Credit Acceptance Corporation
|
Buy |
+18,256
|
|
Q1 2021
|
DIS
Walt Disney Company (The)
|
Sell |
-43,168
|
|
Q1 2021
|
EIX
Edison International
|
Sell - Position Exit |
-3,385
|
|
Q1 2021
|
ELV
Elevance Health, Inc.
|
Buy - Position Entry |
+1,171,845
|
|
Q1 2021
|
EQH
Equitable Holdings, Inc.
|
Buy |
+16,398
|
|
Q1 2021
|
FIS
Fidelity National Information S
|
Sell |
-28,886
|
|
Q1 2021
|
FWONK
Liberty Media Corporation - Ser
|
Sell |
-121,367
|
|
Q1 2021
|
GOOG
Alphabet Inc.
|
Sell |
-4,585
|
|
Q1 2021
|
GOOGL
Alphabet Inc.
|
Sell |
-4,060
|
|
Q1 2021
|
ICE
Intercontinental Exchange Inc.
|
Sell |
-45,460
|
|
Q1 2021
|
IMXI
International Money Express, In
|
Buy - Position Entry |
+11,262
|
|
Q1 2021
|
KMX
CarMax Inc
|
Buy |
+264,327
|
|
Q1 2021
|
KO
Coca-Cola Company (The)
|
Sell - Position Exit |
-5,559
|
|
Q1 2021
|
LBRDA
Liberty Broadband Corporation
|
Sell |
-11,667
|
|
Q1 2021
|
LBRDK
Liberty Broadband Corporation
|
Buy |
+723,748
|
|
Q1 2021
|
MA
Mastercard Incorporated
|
Sell |
-456,069
|
|
Q1 2021
|
META
Meta Platforms, Inc.
|
Buy |
+296,921
|
|
Q1 2021
|
MU
Micron Technology, Inc.
|
Buy - Position Entry |
+5,325,143
|
|
Q1 2021
|
NFLX
Netflix, Inc.
|
Sell |
-7,265
|
|
Q1 2021
|
PG
Procter & Gamble Company (The)
|
Sell - Position Exit |
-3,246
|
|
Q1 2021
|
PGR
Progressive Corporation (The)
|
Sell - Position Exit |
-2,076
|
|
Q1 2021
|
PRI
Primerica, Inc.
|
Buy - Position Entry |
+1,400
|
|
Q1 2021
|
SCHW
Charles Schwab Corporation (The
|
Sell |
-196,242
|
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