Ruane, Cunniff & Goldfarb - Sequoia Fund 13F Activity & Position Changes (Q2 2021)

According to the SEC 13F filed on Aug 16, 2021, the Sequoia Fund portfolio showed several notable changes in holdings as of quarter-end Jun 30, 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 Q2 2021, the filing reported:

New Buys - None reported

Increases - Angi Inc., Elevance Health, Inc., International Money Express, In, Micron Technology, Inc., Netflix, Inc., and 1 more

Reductions - Amazon.com, Inc., Arista Networks, Inc., Alibaba Group Holding Limited, Builders FirstSource, Inc., Berkshire Hathaway Inc., and 17 more

Complete Exits - Mastercard Incorporated, Visa 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 2021	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-17	-2.5%	$2.27K	660
Q2 2021	ANET Arista Networks, Inc.	Arista Networks, Inc.	Sell	-815,927	-56.8%	$224.58K	619,855
Q2 2021	ANGI Angi Inc.	Angi Inc.	Buy	+533	+4.5%	$169.00	12,505
Q2 2021	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-100	-2.9%	$772.00	3,405
Q2 2021	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Sell	-2,672	-3.7%	$2.94K	68,851
Q2 2021	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-45	-5.6%	$318.56K	761
Q2 2021	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-14,820	-2.4%	$168.55K	606,479
Q2 2021	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Sell	-17,340	-1.1%	$728.14K	1,603,435
Q2 2021	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-38,949	-1.4%	$472.05K	2,685,610
Q2 2021	ELV Elevance Health, Inc.	Elevance Health, Inc.	Buy	+672,156	+57.4%	$704.04K	1,844,001
Q2 2021	EQH Equitable Holdings, Inc.	Equitable Holdings, Inc.	Sell	-800	-2.6%	$927.00	30,459
Q2 2021	FIS Fidelity National Information S	Fidelity National Information S	Sell	-16,521	-0.9%	$269.00K	1,898,755
Q2 2021	FWONK Liberty Media Corp Formula One Group	Liberty Media Corp Formula One Group	Sell	-146,883	-1.4%	$496.46K	10,297,809
Q2 2021	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-2,929	-1.4%	$528.70K	210,948
Q2 2021	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-3,229	-1.5%	$508.60K	208,289
Q2 2021	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Sell	-26,206	-0.8%	$403.33K	3,397,927
Q2 2021	IMXI International Money Express, In	International Money Express, In	Buy	+1,135	+10.1%	$184.00	12,397
Q2 2021	KMX CarMax Inc	CarMax Inc	Sell	-87,130	-1.3%	$868.69K	6,726,194
Q2 2021	LBRDA Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-9,006	-0.9%	$158.84K	944,522
Q2 2021	LBRDK Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-31,097	-1.1%	$483.04K	2,781,511
Q2 2021	MA Mastercard Incorporated	Mastercard Incorporated	Sell - Position Exit	-503,701	-100.0%	$0.00	-
Q2 2021	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-39,202	-1.6%	$861.49K	2,477,616
Q2 2021	MU Micron Technology, Inc.	Micron Technology, Inc.	Buy	+2,823,578	+53.0%	$692.48K	8,148,721
Q2 2021	NFLX Netflix, Inc.	Netflix, Inc.	Buy	+105,945	+15.3%	$422.60K	800,054
Q2 2021	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Sell	-342,276	-3.7%	$640.43K	8,795,942
Q2 2021	STLA Stellantis	Stellantis	Sell	-1,716	-3.6%	$917.00	46,503
Q2 2021	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-71,313	-1.2%	$702.86K	5,849,332
Q2 2021	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Buy	+49,889	+2.7%	$772.46K	1,929,038
Q2 2021	V Visa Inc.	Visa Inc.	Sell - Position Exit	-363,886	-100.0%	$0.00	-
Q2 2021	W Wayfair Inc.	Wayfair Inc.	Sell	-15,842	-1.2%	$411.43K	1,303,191