Ruane, Cunniff & Goldfarb - Sequoia Fund 13F Activity & Position Changes (Q2 2019)

As of Jun 30, 2019, the Sequoia Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. 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 Q2 2019, the filing reported:

New Buys - Arista Networks, Inc., DENTSPLY SIRONA Inc.

Increases - Alibaba Group Holding Limited, CarGurus, Inc., Domo, Inc., Mastercard Incorporated, RH

Reductions - Amazon.com, Inc., Booking Holdings Inc. Common St, Berkshire Hathaway Inc., Berkshire Hathaway Inc. New, Credit Acceptance Corporation, and 17 more

Complete Exits - Appian Corporation, D.R. Horton, Inc., Electronic Arts Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2019	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-30,367	-9.4%	$554.23K	292,681
Q2 2019	ANET Arista Networks, Inc.	Arista Networks, Inc.	Buy - Position Entry	+3,600	-	$935.00	3,600
Q2 2019	APPN Appian Corporation	Appian Corporation	Sell - Position Exit	-353,582	-100.0%	$0.00	-
Q2 2019	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+1,746,754	+146.2%	$498.48K	2,941,754
Q2 2019	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-1,757	-1.0%	$331.30K	176,721
Q2 2019	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-15	-0.7%	$718.52K	2,257
Q2 2019	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-39,155	-2.8%	$293.36K	1,376,193
Q2 2019	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Sell	-4,688	-0.4%	$526.56K	1,088,314
Q2 2019	CARG CarGurus, Inc.	CarGurus, Inc.	Buy	+250,563	+70.7%	$21.85K	605,000
Q2 2019	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Sell	-432	-14.8%	$655.00	2,479
Q2 2019	DHI D.R. Horton, Inc.	D.R. Horton, Inc.	Sell - Position Exit	-380,000	-100.0%	$0.00	-
Q2 2019	DOMO Domo, Inc.	Domo, Inc.	Buy	+79,941	+11.9%	$20.49K	750,000
Q2 2019	EA Electronic Arts Inc.	Electronic Arts Inc.	Sell - Position Exit	-3,780	-100.0%	$0.00	-
Q2 2019	EIX Edison International	Edison International	Sell	-2,414	-11.3%	$1.28K	18,939
Q2 2019	FWONK Liberty Media Corporation - Ser	Liberty Media Corporation - Ser	Sell	-77,416	-0.6%	$459.59K	12,285,321
Q2 2019	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-9,533	-1.3%	$810.04K	749,406
Q2 2019	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-159	-0.0%	$888.05K	820,147
Q2 2019	JD JD.com, Inc.	JD.com, Inc.	Sell	-250,000	-3.0%	$241.21K	7,963,319
Q2 2019	KMX CarMax Inc	CarMax Inc	Sell	-1,531,084	-13.4%	$862.80K	9,936,651
Q2 2019	LBRDA Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-9,621	-0.9%	$106.18K	1,032,500
Q2 2019	LBRDK Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-40,501	-1.3%	$327.78K	3,145,043
Q2 2019	MA Mastercard Incorporated	Mastercard Incorporated	Buy	+7,787	+0.4%	$534.90K	2,022,084
Q2 2019	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-23,569	-1.1%	$408.36K	2,115,831
Q2 2019	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Sell	-1,311	-0.1%	$208.88K	1,416,399
Q2 2019	PG Procter & Gamble Company (The)	Procter & Gamble Company (The)	Sell	-2,321	-17.5%	$1.20K	10,971
Q2 2019	RH RH	RH	Buy	+35,000	+16.3%	$28.90K	250,000
Q2 2019	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Sell	-77,175	-0.9%	$352.67K	8,774,987
Q2 2019	TJX TJX Companies, Inc. (The)	TJX Companies, Inc. (The)	Sell	-14,539	-45.6%	$918.00	17,364
Q2 2019	UNP Union Pacific Corporation	Union Pacific Corporation	Sell	-868	-11.4%	$1.14K	6,731
Q2 2019	V Visa Inc.	Visa Inc.	Sell	-37,441	-2.5%	$251.62K	1,449,868

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