Ruane, Cunniff & Goldfarb L.P.
Institutional investor · Portfolio as of Q1 2023
Top Holdings31 positions
 Intercontinental Exchange Inc. | 6.1M | $631.9M | 10.3% | $91.15 | +9.40% | 11 qtrssince 2020-Q3 | Decreased 0 |
 Liberty Media Corporation | 7.2M | $538.6M | 8.8% | $37.29 | +73.30% | 15 qtrssince 2019-Q3 | Decreased 0 |
 UnitedHealth Group Incorporated | 1.1M | $521.2M | 8.5% | $248.76 | +76.98% | 14 qtrssince 2019-Q4 | Decreased 0 |
 The Charles Schwab Corporation | 8.2M | $431.6M | 7.1% | $37.59 | +32.50% | 15 qtrssince 2019-Q3 | Decreased 0 |
 Taiwan Semiconductor Manufacturing Company Ltd. | 4.4M | $409.4M | 6.7% | $60.30 | +46.83% | 14 qtrssince 2019-Q4 | Decreased 0 |
 CarMax Inc | 6.1M | $394.2M | 6.4% | $87.93 | -26.90% | 15 qtrssince 2019-Q3 | Decreased 0 |
 Elevance Health, Inc. | 807,124 | $371.1M | 6.1% | $339.73 | +27.89% | 9 qtrssince 2021-Q1 | Decreased 0 |
 Alphabet Inc. | 3.5M | $368.2M | 6.0% | $62.33 | +64.84% | 15 qtrssince 2019-Q3 | Decreased 0 |
 Credit Acceptance Corporation | 781,492 | $340.8M | 5.6% | $427.87 | +1.91% | 15 qtrssince 2019-Q3 | Decreased 0 |
 Jacobs Solutions Inc. | 2.6M | $310.3M | 5.1% | $86.71 | +8.55% | 3 qtrssince 2022-Q3 | Decreased 0 |
 Micron Technology, Inc. | 4.7M | $281.4M | 4.6% | $84.91 | -30.01% | 9 qtrssince 2021-Q1 | Decreased 0 |
 Meta Platforms, Inc. | 1.3M | $270.4M | 4.4% | $198.63 | +5.69% | 15 qtrssince 2019-Q3 | Decreased 0 |
 Capital One Financial Corporation | 2.7M | $259M | 4.2% | $85.98 | +5.47% | 3 qtrssince 2022-Q3 | Decreased 0 |
 Netflix, Inc. | 616,494 | $213M | 3.5% | $37.57 | -8.05% | 10 qtrssince 2020-Q4 | Decreased 0 |
 Alphabet Inc. | 2M | $212.2M | 3.5% | $60.38 | +70.63% | 15 qtrssince 2019-Q3 | Decreased 0 |
 LIBERTY BROADBAND CORP SERIES C C | 2.3M | $186.8M | 3.1% | — | — | 15 qtrssince 2019-Q3 | Decreased 0 |
 Berkshire Hathaway Inc. | 491,015 | $151.6M | 2.5% | $218.37 | +41.40% | 15 qtrssince 2019-Q3 | Decreased 0 |
 Berkshire Hathaway Inc. | 182 | $84.7M | 1.4% | — | — | 15 qtrssince 2019-Q3 | Decreased 0 |
 LIBERTY BROADBAND CORP | 821,578 | $67.5M | 1.1% | — | — | 15 qtrssince 2019-Q3 | Decreased 0 |
 Liberty Media Corporation | 937,917 | $63.3M | 1.0% | $43.53 | +48.46% | 15 qtrssince 2019-Q3 | Decreased 0 |
| Quarter | Reported value in US dollars | Reported value change |
|---|---|---|
| 2021-Q4 | $11,708,715,000 | 5.22662559951% |
| 2022-Q1 | $10,152,832,000 | -13.2882472586% |
| 2022-Q2 | $7,674,831,000 | -24.4069930439% |
| 2022-Q3 | $6,732,167,000 | -12.2825375569% |
| 2022-Q4 | $6,400,945,539 | -4.91998283762% |
| 2023-Q1 | $6,119,741,745 | -4.3931602337% |
Ruane, Cunniff & Goldfarb L.P. manages $6.1B across 31 positions as of Q1 2023. Top holdings: ICE (10.3%), FWONA (8.8%), UNH (8.5%). Fund DNA: Concentrated Value. HoldingsIntel Score: 4.5/5.0.
Added ISCV and ATAI; exited IVV, ANGI and OPEN; increased 7, led by BLDR (+4,973 shares); trimmed 22, led by META (−1.7M shares). No standout high-conviction moves this quarter. Portfolio: $6.1B across 31 positions.
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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