Ruane, Cunniff & Goldfarb - Sequoia Fund 13F Activity & Position Changes (Q3 2019)

As of Sep 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 Q3 2019, the filing reported:

New Buys - Apple Inc., JP Morgan Chase & Co.

Increases - Alphabet Inc., Meta Platforms, Inc., Wayfair Inc.

Reductions - American Electric Power Company, Amazon.com, Inc., Alibaba Group Holding Limited, Booking Holdings Inc. Common St, Builders FirstSource, Inc., and 21 more

Complete Exits - Baidu, Inc., CarGurus, Inc., Cresud S.A.C.I.F. y A., Domo, Inc., iQIYI, Inc., and 3 more

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
Q3 2019	AAPL Apple Inc.	Apple Inc.	Buy - Position Entry	+1,000	-	$224.00	1,000
Q3 2019	AEP American Electric Power Company	American Electric Power Company	Sell	-724	-5.5%	$1.16K	12,366
Q3 2019	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-77,431	-26.5%	$373.65K	215,250
Q3 2019	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-2,939,716	-99.9%	$341.00	2,038
Q3 2019	BIDU Baidu, Inc.	Baidu, Inc.	Sell - Position Exit	-200,000	-100.0%	$0.00	-
Q3 2019	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-1,712	-1.0%	$343.47K	175,009
Q3 2019	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Sell	-8,600,489	-99.2%	$1.50K	72,991
Q3 2019	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-38	-1.7%	$691.96K	2,219
Q3 2019	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-16,742	-1.2%	$282.79K	1,359,451
Q3 2019	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Sell	-8,805	-0.8%	$497.99K	1,079,509
Q3 2019	CARG CarGurus, Inc.	CarGurus, Inc.	Sell - Position Exit	-605,000	-100.0%	$0.00	-
Q3 2019	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Sell	-64	-2.6%	$696.00	2,415
Q3 2019	CRESY Cresud S.A.C.I.F. y A.	Cresud S.A.C.I.F. y A.	Sell - Position Exit	-643,373	-100.0%	$0.00	-
Q3 2019	DOMO Domo, Inc.	Domo, Inc.	Sell - Position Exit	-750,000	-100.0%	$0.00	-
Q3 2019	EIX Edison International	Edison International	Sell	-4,459	-23.5%	$1.09K	14,480
Q3 2019	FWONK Liberty Media Corporation - Ser	Liberty Media Corporation - Ser	Sell	-190,085	-1.5%	$503.04K	12,095,236
Q3 2019	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+3,211	+0.4%	$917.44K	752,617
Q3 2019	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-541,859	-66.1%	$339.83K	278,288
Q3 2019	IQ iQIYI, Inc.	iQIYI, Inc.	Sell - Position Exit	-713,000	-100.0%	$0.00	-
Q3 2019	JD JD.com, Inc.	JD.com, Inc.	Sell	-7,950,333	-99.8%	$366.00	12,986
Q3 2019	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Buy - Position Entry	+1,708	-	$201.00	1,708
Q3 2019	KMX CarMax Inc	CarMax Inc	Sell	-112,905	-1.1%	$864.49K	9,823,746
Q3 2019	KO Coca-Cola Company (The)	Coca-Cola Company (The)	Sell	-3,357	-14.7%	$1.06K	19,531
Q3 2019	LBRDA Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-8,910	-0.9%	$106.99K	1,023,590
Q3 2019	LBRDK Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-37,060	-1.2%	$325.31K	3,107,983
Q3 2019	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-602,458	-29.8%	$385.53K	1,419,626
Q3 2019	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+199,308	+9.4%	$412.28K	2,315,139
Q3 2019	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Sell	-10,926	-0.8%	$174.38K	1,405,473
Q3 2019	NBIS Nebius Group	Nebius Group	Sell - Position Exit	-2,730,000	-100.0%	$0.00	-
Q3 2019	PG Procter & Gamble Company (The)	Procter & Gamble Company (The)	Sell	-1,835	-16.7%	$1.14K	9,136

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