Ruane, Cunniff & Goldfarb - Sequoia Fund 13F Activity & Position Changes (Q3 2021)

As of Sep 30, 2021, the Sequoia Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 15, 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 Q3 2021, the filing reported:

New Buys - Opendoor Technologies Inc, Rimini Street, Inc.

Increases - Angi Inc., Alibaba Group Holding Limited, Builders FirstSource, Inc., Walt Disney Company (The), Equitable Holdings, Inc., and 5 more

Reductions - Berkshire Hathaway Inc., Berkshire Hathaway Inc. New, Credit Acceptance Corporation, Elevance Health, Inc., Liberty Media Corp Formula One Group, and 9 more

Complete Exits - Arista Networks, Inc., Fidelity National Information S, International Money Express, In

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 2021	ANET Arista Networks, Inc.	Arista Networks, Inc.	Sell - Position Exit	-619,855	-100.0%	$0.00	-
Q3 2021	ANGI Angi Inc.	Angi Inc.	Buy	+3,413	+27.3%	$196.00	15,918
Q3 2021	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+30	+0.9%	$509.00	3,435
Q3 2021	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Buy	+209	+0.3%	$3.57K	69,060
Q3 2021	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-23	-3.0%	$303.60K	738
Q3 2021	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-136,921	-22.6%	$128.16K	469,558
Q3 2021	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Sell	-283,344	-17.7%	$772.65K	1,320,091
Q3 2021	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+148,081	+5.5%	$479.38K	2,833,691
Q3 2021	ELV Elevance Health, Inc.	Elevance Health, Inc.	Sell	-22,588	-1.2%	$679.02K	1,821,413
Q3 2021	EQH Equitable Holdings, Inc.	Equitable Holdings, Inc.	Buy	+500	+1.6%	$918.00	30,959
Q3 2021	FIS Fidelity National Information S	Fidelity National Information S	Sell - Position Exit	-1,898,755	-100.0%	$0.00	-
Q3 2021	FWONK Liberty Media Corp Formula One Group	Liberty Media Corp Formula One Group	Sell	-148,117	-1.4%	$521.80K	10,149,692
Q3 2021	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-15,166	-7.2%	$521.82K	195,782
Q3 2021	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-2,203	-1.1%	$550.98K	206,086
Q3 2021	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Buy	+125,269	+3.7%	$404.53K	3,523,196
Q3 2021	IMXI International Money Express, In	International Money Express, In	Sell - Position Exit	-12,397	-100.0%	$0.00	-
Q3 2021	KMX CarMax Inc	CarMax Inc	Buy	+427,946	+6.4%	$915.44K	7,154,140
Q3 2021	LBRDA Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-18,375	-1.9%	$155.92K	926,147
Q3 2021	LBRDK Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-34,600	-1.2%	$474.39K	2,746,911
Q3 2021	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+243,343	+9.8%	$923.47K	2,720,959
Q3 2021	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell	-106,493	-1.3%	$570.84K	8,042,228
Q3 2021	NFLX Netflix, Inc.	Netflix, Inc.	Sell	-7,369	-0.9%	$483.81K	792,685
Q3 2021	OPEN Opendoor Technologies Inc	Opendoor Technologies Inc	Buy - Position Entry	+22,200	-	$456.00	22,200
Q3 2021	RMNI Rimini Street, Inc.	Rimini Street, Inc.	Buy - Position Entry	+22,388	-	$216.00	22,388
Q3 2021	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Sell	-129,369	-1.5%	$631.27K	8,666,573
Q3 2021	STLA Stellantis	Stellantis	Sell	-7,921	-17.0%	$737.00	38,582
Q3 2021	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Buy	+1,221,460	+20.9%	$789.45K	7,070,792
Q3 2021	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell	-27,567	-1.4%	$742.98K	1,901,471
Q3 2021	W Wayfair Inc.	Wayfair Inc.	Buy	+1,077,098	+82.7%	$608.19K	2,380,289