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

According to the SEC 13F filed on Feb 14, 2022, the Sequoia Fund portfolio showed several notable changes in holdings as of quarter-end Dec 31, 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 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