Ruane, Cunniff & Goldfarb - Sequoia Fund 13F Activity & Position Changes (Q2 2024)

According to the SEC 13F filed on Aug 14, 2024, the Sequoia Fund portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2024. 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 2024, the filing reported:

New Buys - Charter Communications, Inc., Expeditors International of Was, Goldman Sachs Group, Inc. (The)

Increases - Group 1 Automotive, Inc., Lithia Motors, Inc., Rimini Street, Inc.

Reductions - Berkshire Hathaway Inc., Berkshire Hathaway Inc. New, Credit Acceptance Corporation, Capital One Financial Corporati, Elevance Health, Inc., and 15 more

Complete Exits - None reported

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 2024	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-11	-7.4%	$84.49M	138
Q2 2024	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-11,601	-2.6%	$178.55M	438,921
Q2 2024	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Sell	-9,113	-1.3%	$364.87M	708,927
Q2 2024	CHTR Charter Communications, Inc.	Charter Communications, Inc.	Buy - Position Entry	+454,226	-	$135.80M	454,226
Q2 2024	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell	-129,185	-4.4%	$390.92M	2,823,544
Q2 2024	ELV Elevance Health, Inc.	Elevance Health, Inc.	Sell	-50,614	-4.7%	$554.90M	1,024,071
Q2 2024	EXPD Expeditors International of Was	Expeditors International of Was	Buy - Position Entry	+102,132	-	$12.75M	102,132
Q2 2024	FWONA Liberty Media Corporation - Ser	Liberty Media Corporation - Ser	Sell	-43,246	-5.0%	$52.24M	813,312
Q2 2024	FWONK Liberty Media Corp Formula One Group	Liberty Media Corp Formula One Group	Sell	-258,853	-4.0%	$443.94M	6,179,575
Q2 2024	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-86,996	-5.5%	$273.98M	1,493,749
Q2 2024	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-129,017	-4.4%	$505.62M	2,775,840
Q2 2024	GPI Group 1 Automotive, Inc.	Group 1 Automotive, Inc.	Buy	+643	+23.1%	$1.02M	3,427
Q2 2024	GS Goldman Sachs Group, Inc. (The)	Goldman Sachs Group, Inc. (The)	Buy - Position Entry	+450	-	$203.54K	450
Q2 2024	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Sell	-245,844	-4.6%	$699.30M	5,108,459
Q2 2024	J Jacobs Solutions Inc.	Jacobs Solutions Inc.	Sell	-112,109	-4.2%	$359.82M	2,575,459
Q2 2024	KMX CarMax Inc	CarMax Inc	Sell	-170,637	-4.3%	$278.50M	3,797,441
Q2 2024	LAD Lithia Motors, Inc.	Lithia Motors, Inc.	Buy	+393	+16.9%	$687.67K	2,724
Q2 2024	LBRDA Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-42,948	-5.6%	$39.49M	723,182
Q2 2024	LBRDK Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-394,071	-13.3%	$140.68M	2,566,228
Q2 2024	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-23,240	-3.9%	$291.17M	577,470
Q2 2024	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell	-1,000	-31.6%	$284.37K	2,162
Q2 2024	RMNI Rimini Street, Inc.	Rimini Street, Inc.	Buy	+10,000	+54.4%	$87.10K	28,371
Q2 2024	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Sell	-347,586	-4.3%	$573.68M	7,785,057
Q2 2024	STLA Stellantis	Stellantis	Sell	-2,996	-6.2%	$896.50K	45,164
Q2 2024	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-692,927	-18.6%	$525.55M	3,023,723
Q2 2024	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell	-44,037	-4.3%	$501.02M	983,826