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

As of Jun 30, 2024, the Sequoia Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 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