Ruane, Cunniff & Goldfarb - Sequoia Fund 13F Activity & Position Changes (Q4 2021)

As of Dec 31, 2021, the Sequoia Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 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 Q4 2021, the filing reported:

New Buys - Sendas Distribuidora S A

Increases - Berkshire Hathaway Inc. New, Alphabet Inc., Rimini Street, Inc., Stellantis, Wayfair Inc.

Reductions - Alibaba Group Holding Limited, Builders FirstSource, Inc., Berkshire Hathaway Inc., Credit Acceptance Corporation, Walt Disney Company (The), and 13 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
Q4 2021	ASAI Sendas Distribuidora S A	Sendas Distribuidora S A	Buy - Position Entry	+96,525	-	$1.14K	96,525
Q4 2021	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-20	-0.6%	$406.00	3,415
Q4 2021	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Sell	-20,268	-29.3%	$4.18K	48,792
Q4 2021	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-141	-19.1%	$269.05K	597
Q4 2021	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+42,452	+9.0%	$153.09K	512,010
Q4 2021	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Sell	-426,540	-32.3%	$614.48K	893,551
Q4 2021	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-27,261	-1.0%	$434.69K	2,806,430
Q4 2021	ELV Elevance Health, Inc.	Elevance Health, Inc.	Sell	-51,373	-2.8%	$820.48K	1,770,040
Q4 2021	FWONK Liberty Media Corp Formula One Group	Liberty Media Corp Formula One Group	Sell	-161,483	-1.6%	$631.65K	9,988,209
Q4 2021	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-8,034	-4.1%	$543.27K	187,748
Q4 2021	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+3,953	+1.9%	$608.49K	210,039
Q4 2021	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Sell	-20,181	-0.6%	$479.11K	3,503,015
Q4 2021	KMX CarMax Inc	CarMax Inc	Sell	-184,851	-2.6%	$907.61K	6,969,289
Q4 2021	LBRDA Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-62,560	-6.8%	$138.95K	863,587
Q4 2021	LBRDK Liberty Broadband Corporation	Liberty Broadband Corporation	Sell	-33,458	-1.2%	$437.14K	2,713,453
Q4 2021	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-75,912	-2.8%	$889.66K	2,645,047
Q4 2021	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell	-264,091	-3.3%	$724.53K	7,778,137
Q4 2021	NFLX Netflix, Inc.	Netflix, Inc.	Sell	-17,580	-2.2%	$466.95K	775,105
Q4 2021	RMNI Rimini Street, Inc.	Rimini Street, Inc.	Buy	+5,381	+24.0%	$166.00	27,769
Q4 2021	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Sell	-183,263	-2.1%	$713.45K	8,483,310
Q4 2021	STLA Stellantis	Stellantis	Buy	+225	+0.6%	$728.00	38,807
Q4 2021	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-90,160	-1.3%	$839.84K	6,980,632
Q4 2021	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell	-30,777	-1.6%	$939.35K	1,870,694
Q4 2021	W Wayfair Inc.	Wayfair Inc.	Buy	+773,999	+32.5%	$599.22K	3,154,288