Ruane, Cunniff & Goldfarb (Sequoia) 13F, Q2 2025
Ruane Cunniff · quarter ending 30 June 2025 · filed 14 August 2025 · SEC CIK 1720792
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2025
The 25 largest of 43 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| SCHWAB CHARLES CORP | SCHW | $602.08M | 10.3% | -2% shares |
| LIBERTY MEDIA CORP DEL | FWONK | $586.35M | 10.1% | -3% shares |
| INTERCONTINENTAL EXCHANGE IN | ICE | $508.02M | 8.7% | unchanged |
| CAPITAL ONE FINL CORP | COF | $450.42M | 7.7% | unchanged |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $434.34M | 7.5% | +3% shares |
| ELEVANCE HEALTH INC | ELV | $426.17M | 7.3% | -2% shares |
| ALPHABET INC | GOOGL | $417.02M | 7.2% | unchanged |
| CREDIT ACCEP CORP MICH | CACC | $297.52M | 5.1% | -9% shares |
| META PLATFORMS INC | META | $293.43M | 5.0% | -22% shares |
| ICON PLC | $248.46M | 4.3% | +36% shares | |
| UNITEDHEALTH GROUP INC | UNH | $238.17M | 4.1% | -7% shares |
| ALPHABET INC | GOOG | $228.15M | 3.9% | -3% shares |
| LIBERTY BROADBAND CORP | LBRDK | $185.87M | 3.2% | -21% shares |
| MSA SAFETY INC | MSA | $159.00M | 2.7% | new |
| BERKSHIRE HATHAWAY INC DEL | BRK/B | $158.77M | 2.7% | -3% shares |
| CHARTER COMMUNICATIONS INC N | CHTR | $158.05M | 2.7% | -4% shares |
| JACOBS SOLUTIONS INC | J | $140.93M | 2.4% | -9% shares |
| BERKSHIRE HATHAWAY INC DEL | BRK/A | $85.27M | 1.5% | -7% shares |
| LIBERTY MEDIA CORP DEL | FWONA | $71.06M | 1.2% | unchanged |
| LIBERTY BROADBAND CORP | LBRDA | $65.42M | 1.1% | unchanged |
| AMENTUM HOLDINGS INC | AMTM | $57.65M | 1.0% | +2% shares |
| BIO-TECHNE CORP | TECH | $7.84M | 0.1% | new |
| EXPEDITORS INTL WASH INC | EXPD | $2.50M | 0.0% | unchanged |
| EQUITABLE HLDGS INC | EQH | $2.28M | 0.0% | unchanged |
| GROUP 1 AUTOMOTIVE INC | GPI | $1.46M | 0.0% | unchanged |
What changed since Q1 2025
Against the Q1 2025 filing, Ruane, Cunniff & Goldfarb (Sequoia) opened 6 new positions, added to 6, trimmed 12, left 19 unchanged and exited 1. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Exited
- BLDRwas $587.2K
Other quarters
Source: SEC Form 13F-HR, accession 0000919574-25-004628, filed by Ruane, Cunniff & Goldfarb L.P.. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.