Ruane, Cunniff & Goldfarb L.P.
Institutional investor · Portfolio as of Q1 2020
Top Holdings38 positions
 Alphabet Inc. | 636,694 | $740.4M | 11.9% | $60.38 | -4.61% | 3 qtrssince 2019-Q3 | Decreased 0 |
 CarMax Inc | 9.2M | $493.3M | 7.9% | $83.48 | -35.51% | 3 qtrssince 2019-Q3 | Increased 71 |
 Arista Networks, Inc. | 2M | $406M | 6.5% | $12.71 | -0.39% | 3 qtrssince 2019-Q3 | Increased 70 |
 The Charles Schwab Corporation | 11.8M | $397.5M | 6.4% | $35.96 | -14.50% | 3 qtrssince 2019-Q3 | Increased 81 |
 Meta Platforms, Inc. | 2.2M | $370.3M | 5.9% | $176.39 | -6.33% | 3 qtrssince 2019-Q3 | Decreased 0 |
 UnitedHealth Group Incorporated | 1.4M | $353.1M | 5.7% | $232.53 | -4.22% | 2 qtrssince 2019-Q4 | Increased 98 |
| 4.2M | $336.3M | 5.4% | — | — | 3 qtrssince 2019-Q3 | Decreased 0 | |
 Alphabet Inc. | 272,260 | $316.4M | 5.1% | $60.48 | -4.85% | 3 qtrssince 2019-Q3 | Decreased 0 |
 Berkshire Hathaway Inc. | 1,152 | $313.3M | 5.0% | — | — | 3 qtrssince 2019-Q3 | Decreased 0 |
 Credit Acceptance Corporation | 1.2M | $298.2M | 4.8% | $457.55 | -44.12% | 3 qtrssince 2019-Q3 | Increased 58 |
 Mastercard Incorporated | 1.2M | $298.1M | 4.8% | $260.58 | -10.82% | 3 qtrssince 2019-Q3 | Decreased 0 |
 Wayfair Inc. | 5.2M | $276.5M | 4.4% | — | — | 3 qtrssince 2019-Q3 | Increased 72 |
 Booking Holdings Inc. | 200,562 | $269.8M | 4.3% | $72.65 | -14.36% | 3 qtrssince 2019-Q3 | Increased 68 |
 Liberty Media Corporation | 9.8M | $266.4M | 4.3% | $37.90 | -34.78% | 3 qtrssince 2019-Q3 | Decreased 0 |
 LIBERTY BROADBAND CORP SERIES C C | 2.3M | $249.8M | 4.0% | — | — | 3 qtrssince 2019-Q3 | Decreased 0 |
 Berkshire Hathaway Inc. | 1.3M | $237.6M | 3.8% | $209.00 | -12.52% | 3 qtrssince 2019-Q3 | Decreased 0 |
 Amazon.com, Inc. | 116,851 | $227.8M | 3.7% | $86.80 | +12.32% | 3 qtrssince 2019-Q3 | Decreased 0 |
 Taiwan Semiconductor Manufacturing Company Ltd. | 3M | $145.6M | 2.3% | $51.45 | -16.66% | 2 qtrssince 2019-Q4 | Increased 54 |
 Visa Inc. | 723,672 | $116.6M | 1.9% | $163.31 | -6.04% | 3 qtrssince 2019-Q3 | Decreased 0 |
 LIBERTY BROADBAND CORP | 987,473 | $105.7M | 1.7% | — | — | 3 qtrssince 2019-Q3 | Decreased 0 |
| Quarter | Reported value in US dollars | Reported value change |
|---|---|---|
| 2019-Q4 | $8,086,815,000 | 6.118688733% |
| 2020-Q1 | $6,241,129,000 | -22.8233983342% |
Ruane, Cunniff & Goldfarb L.P. manages $6.2B across 38 positions as of Q1 2020. Top holdings: GOOG (11.9%), KMX (7.9%), ANET (6.5%). Fund DNA: Concentrated Value. HoldingsIntel Score: 4.5/5.0.
Added SBGI, PGR and ANGI; exited TJX, JPM, WFC and 1 more; increased 11, led by UNH (+1.1M shares); trimmed 20, led by MA (−137,111 shares). Top move: UNH (INCREASED, conviction 98). Portfolio: $6.2B across 38 positions.
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Position Outcomes
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Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer
Verify source filings on SEC EDGAR