Ruane, Cunniff & Goldfarb - Sequoia Fund 13F Activity & Position Changes (Q2 2022)

As of Jun 30, 2022, the Sequoia Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 15, 2022. 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 2022, the filing reported:

New Buys - None reported

Increases - Amazon.com, Inc., Angi Inc., Berkshire Hathaway Inc. New, Equitable Holdings, Inc., Intercontinental Exchange Inc., and 5 more

Reductions - Sendas Distribuidora S A, Builders FirstSource, Inc., Berkshire Hathaway Inc., Credit Acceptance Corporation, Elevance Health, Inc., and 10 more

Complete Exits - Walt Disney Company (The), Expeditors International of Was, Victory Capital Holdings, 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 2022	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+12,483	+1900.0%	$1.40K	13,140
Q2 2022	ANGI Angi Inc.	Angi Inc.	Buy	+303	+1.5%	$97.00	21,107
Q2 2022	ASAI Sendas Distribuidora S A	Sendas Distribuidora S A	Sell	-14,322	-14.6%	$1.14K	83,760
Q2 2022	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Sell	-4,526	-9.4%	$2.35K	43,712
Q2 2022	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-359	-62.3%	$88.74K	217
Q2 2022	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+6,379	+1.3%	$139.14K	509,622
Q2 2022	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Sell	-24,201	-2.8%	$396.50K	837,551
Q2 2022	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell - Position Exit	-1,988	-100.0%	$0.00	-
Q2 2022	ELV Elevance Health, Inc.	Elevance Health, Inc.	Sell	-743,441	-42.3%	$489.33K	1,013,987
Q2 2022	EQH Equitable Holdings, Inc.	Equitable Holdings, Inc.	Buy	+126	+0.4%	$833.00	31,954
Q2 2022	EXPD Expeditors International of Was	Expeditors International of Was	Sell - Position Exit	-102,132	-100.0%	$0.00	-
Q2 2022	FWONK Liberty Media Corp Formula One Group	Liberty Media Corp Formula One Group	Sell	-270,517	-2.8%	$598.44K	9,428,673
Q2 2022	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-45,165	-24.8%	$299.26K	136,806
Q2 2022	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-27,365	-13.1%	$396.22K	181,812
Q2 2022	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Buy	+3,053,467	+88.0%	$613.50K	6,523,771
Q2 2022	KMX CarMax Inc	CarMax Inc	Sell	-189,768	-2.8%	$606.94K	6,708,006
Q2 2022	LBRDA Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-9,742	-1.1%	$97.20K	856,008
Q2 2022	LBRDK Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-84,901	-3.2%	$298.25K	2,579,114
Q2 2022	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-65,411	-2.3%	$446.55K	2,769,324
Q2 2022	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell	-219,333	-2.8%	$413.83K	7,486,076
Q2 2022	NFLX Netflix, Inc.	Netflix, Inc.	Buy	+626,532	+43.8%	$359.45K	2,055,504
Q2 2022	RMNI Rimini Street, Inc.	Rimini Street, Inc.	Buy	+79	+0.2%	$208.00	34,625
Q2 2022	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Buy	+613,028	+7.4%	$559.33K	8,852,957
Q2 2022	STLA Stellantis	Stellantis	Buy	+2,212	+5.5%	$527.00	42,619
Q2 2022	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-189,597	-2.8%	$539.72K	6,602,047
Q2 2022	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell	-478,903	-26.3%	$689.03K	1,341,495
Q2 2022	VCTR Victory Capital Holdings, Inc.	Victory Capital Holdings, Inc.	Sell - Position Exit	-7,179	-100.0%	$0.00	-
Q2 2022	W Wayfair Inc.	Wayfair Inc.	Buy	+1,490,582	+43.3%	$214.78K	4,930,599