Ruane, Cunniff & Goldfarb - Sequoia Fund 13F Activity & Position Changes (Q3 2022)

As of Sep 30, 2022, the Sequoia Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 14, 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 Q3 2022, the filing reported:

New Buys - Capital One Financial Corporati, Jacobs Solutions Inc.

Increases - Angi Inc., Sendas Distribuidora S A, Builders FirstSource, Inc., Berkshire Hathaway Inc. New, Equitable Holdings, Inc., and 4 more

Reductions - Berkshire Hathaway Inc., Credit Acceptance Corporation, Elevance Health, Inc., Liberty Media Corp Formula One Group, Intercontinental Exchange Inc., and 11 more

Complete Exits - Alibaba Group Holding Limited

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 2022	ANGI Angi Inc.	Angi Inc.	Buy	+1,981	+9.4%	$68.00	23,088
Q3 2022	ASAI Sendas Distribuidora S A	Sendas Distribuidora S A	Buy	+15,929	+19.0%	$1.61K	99,689
Q3 2022	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell - Position Exit	-2,360	-100.0%	$0.00	-
Q3 2022	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Buy	+2,035	+4.7%	$2.69K	45,747
Q3 2022	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-18	-8.3%	$80.89K	199
Q3 2022	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+12,493	+2.5%	$139.41K	522,115
Q3 2022	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Sell	-14,678	-1.8%	$360.42K	822,873
Q3 2022	COF Capital One Financial Corporati	Capital One Financial Corporati	Buy - Position Entry	+2,826,955	-	$260.56K	2,826,955
Q3 2022	ELV Elevance Health, Inc.	Elevance Health, Inc.	Sell	-26,130	-2.6%	$448.72K	987,857
Q3 2022	EQH Equitable Holdings, Inc.	Equitable Holdings, Inc.	Buy	+2,018	+6.3%	$895.00	33,972
Q3 2022	FWONK Liberty Media Corp Formula One Group	Liberty Media Corp Formula One Group	Sell	-136,308	-1.4%	$543.60K	9,292,365
Q3 2022	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+2,145,948	+1568.6%	$219.49K	2,282,754
Q3 2022	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+3,486,858	+1917.8%	$350.91K	3,668,670
Q3 2022	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Sell	-101,515	-1.6%	$580.25K	6,422,256
Q3 2022	J Jacobs Solutions Inc.	Jacobs Solutions Inc.	Buy - Position Entry	+2,779,534	-	$301.55K	2,779,534
Q3 2022	KMX CarMax Inc	CarMax Inc	Sell	-239,403	-3.6%	$427.06K	6,468,603
Q3 2022	LBRDA Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-6,935	-0.8%	$63.34K	849,073
Q3 2022	LBRDK Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-159,547	-6.2%	$178.56K	2,419,567
Q3 2022	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+290,446	+10.5%	$415.15K	3,059,770
Q3 2022	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell	-2,565,636	-34.3%	$246.51K	4,920,440
Q3 2022	NFLX Netflix, Inc.	Netflix, Inc.	Sell	-827,422	-40.3%	$289.14K	1,228,082
Q3 2022	OPEN Opendoor Technologies Inc	Opendoor Technologies Inc	Sell	-4,700	-21.2%	$54.00	17,500
Q3 2022	RMNI Rimini Street, Inc.	Rimini Street, Inc.	Sell	-4,245	-12.3%	$142.00	30,380
Q3 2022	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Sell	-132,867	-1.5%	$626.71K	8,720,090
Q3 2022	STLA Stellantis	Stellantis	Buy	+8,657	+20.3%	$607.00	51,276
Q3 2022	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-1,951,017	-29.6%	$318.88K	4,651,030
Q3 2022	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell	-21,404	-1.6%	$666.70K	1,320,091
Q3 2022	W Wayfair Inc.	Wayfair Inc.	Sell	-245,307	-5.0%	$152.51K	4,685,292