Ruane, Cunniff & Goldfarb - Sequoia Fund Portfolio Holdings
As of Sep 30, 2025, the Sequoia Fund portfolio holdings is valued at approximately $6,035,626,513.00 featuring 45 publicly traded holdings. This in-depth profile highlights the top investments led by SCHWAB CHARLES CORP (SCHW), LIBERTY MEDIA CORP DEL (FWONK), ALPHABET INC (GOOGL), TAIWAN SEMICONDUCTOR MFG LTD (TSM), and others based on the company's latest SEC filings reported on Nov 14, 2025. Explore insights into portfolio composition, sector allocation, and recent trade activity.
Sequoia Fund's stock portfolio spans 45 holdings across 9 sectors, with a total market value of $6,035,626,513.00. The Financial Services sector represents the largest allocation, while the top holdings account for nearly 76% of the total portfolio value. SCHWAB CHARLES CORP remains the single largest position at 10.0% of all equity investments.
Complete Holdings
Showing 45 of 45 holdings.
| # | Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|---|
| 1 | SCHWAB CHARLES CORP | SCHW | Financial Services | 9.99% | 6,315,561 | -283,261 | -4.29% | $602,946,609.00 |
| 2 | LIBERTY MEDIA CORP DEL | FWONK | Communication Services | 9.64% | 5,568,989 | -41,994 | -0.75% | $581,680,901.00 |
| 3 | ALPHABET INC | GOOGL | Communication Services | 9.49% | 2,356,719 | -9,600 | -0.41% | $572,918,389.00 |
| 4 | TAIWAN SEMICONDUCTOR MFG LTD | TSM | Technology | 8.71% | 1,881,721 | -35,960 | -1.88% | $525,545,858.00 |
| 5 | ELEVANCE HEALTH INC FORMERLY | ELV | Healthcare | 7.75% | 1,448,283 | +352,628 | +32.18% | $467,969,203.00 |
| 6 | INTERCONTINENTAL EXCHANGE IN | ICE | Financial Services | 7.66% | 2,743,291 | -25,686 | -0.93% | $462,189,668.00 |
| 7 | CAPITAL ONE FINL CORP | COF | Financial Services | 7.39% | 2,098,124 | -18,892 | -0.89% | $446,019,200.00 |
| 8 | ALPHABET INC | GOOG | Communication Services | 5.06% | 1,254,571 | -31,550 | -2.45% | $305,550,765.00 |
| 9 | ICON PLC | ICLR | Other | 4.93% | 1,700,994 | -7,189 | -0.42% | $297,673,950.00 |
| 10 | MSA SAFETY INC | MSA | Industrials | 4.86% | 1,705,286 | +756,219 | +79.68% | $293,428,562.00 |
| 11 | CREDIT ACCEP CORP MICH | CACC | Financial Services | 4.48% | 578,459 | -5,566 | -0.95% | $270,099,861.00 |
| 12 | UNITEDHEALTH GROUP INC | UNH | Healthcare | 4.34% | 758,223 | -5,216 | -0.68% | $261,814,402.00 |
| 13 | META PLATFORMS INC | META | Communication Services | 2.97% | 244,021 | -153,537 | -38.62% | $179,204,142.00 |
| 14 | BERKSHIRE HATHAWAY INC DEL | BRK-B | Financial Services | 2.69% | 322,552 | -4,289 | -1.31% | $162,159,792.00 |
| 15 | LIBERTY BROADBAND CORP | LBRDK | Communication Services | 1.97% | 1,874,237 | -15,050 | -0.80% | $119,089,019.00 |
| 16 | CHARTER COMMUNICATIONS INC N | CHTR | Communication Services | 1.70% | 373,432 | -13,182 | -3.41% | $102,733,010.00 |
| 17 | BERKSHIRE HATHAWAY INC DEL | BRK-A | Financial Services | 1.46% | 117 | - | - | $88,241,400.00 |
| 18 | BIO-TECHNE CORP | TECH | Healthcare | 1.36% | 1,473,755 | +1,321,338 | +866.92% | $81,984,991.00 |
| 19 | LIBERTY MEDIA CORP DEL | FWONA | Communication Services | 1.17% | 742,310 | -6,033 | -0.81% | $70,682,758.00 |
| 20 | AMENTUM HOLDINGS INC | AMTM | Other | 0.96% | 2,423,748 | -17,995 | -0.74% | $58,048,765.00 |
| 21 | LIBERTY BROADBAND CORP | LBRDA | Communication Services | 0.70% | 669,160 | +353 | +0.05% | $42,377,903.00 |
| 22 | SAP SE | SAP | Technology | 0.20% | 46,000 | +46,000 | +100.00% | $12,291,660.00 |
| 23 | EQUITABLE HLDGS INC | EQH | Financial Services | 0.03% | 40,636 | -92 | -0.23% | $2,063,496.00 |
| 24 | GROUP 1 AUTOMOTIVE INC | GPI | Consumer Cyclical | 0.03% | 3,610 | +260 | +7.76% | $1,579,411.00 |
| 25 | JACOBS SOLUTIONS INC | J | Industrials | 0.02% | 9,349 | -1,062,775 | -99.13% | $1,401,041.00 |
| 26 | VANGUARD INDEX FDS | VTI | Other | 0.01% | 2,647 | +96 | +3.76% | $868,666.00 |
| 27 | LITHIA MTRS INC | LAD | Consumer Cyclical | 0.01% | 2,716 | - | - | $858,256.00 |
| 28 | NETFLIX INC | NFLX | Communication Services | 0.01% | 604 | -2 | -0.33% | $724,148.00 |
| 29 | VANGUARD STAR FDS | VXUS | Other | 0.01% | 5,301 | +639 | +13.71% | $389,411.00 |
| 30 | MICRON TECHNOLOGY INC | MU | Technology | 0.01% | 2,162 | - | - | $361,746.00 |
| 31 | MICROSOFT CORP | MSFT | Technology | 0.01% | 689 | - | - | $356,868.00 |
| 32 | AMERICAN EXPRESS CO | AXP | Financial Services | 0.01% | 932 | - | - | $309,573.00 |
| 33 | COPA HOLDINGS SA | P31076105 | Other | 0.01% | 2,555 | - | - | $303,585.00 |
| 34 | KASPI KZ JSC | KSPI | Technology | 0.01% | 3,712 | +3,712 | +100.00% | $303,196.00 |
| 35 | SINCLAIR INC | SBGI | Communication Services | 0.00% | 17,959 | - | - | $271,181.00 |
| 36 | S&P GLOBAL INC | SPGI | Financial Services | 0.00% | 531 | - | - | $258,443.00 |
| 37 | STELLANTIS N.V | STLA | Other | 0.00% | 27,313 | -12,364 | -31.16% | $255,103.00 |
| 38 | APPLE INC | AAPL | Technology | 0.00% | 891 | +70 | +8.53% | $226,875.00 |
| 39 | FERGUSON ENTERPRISES INC | FERG | Industrials | 0.00% | 1,000 | - | - | $224,580.00 |
| 40 | DOLLAR GEN CORP NEW | DG | Consumer Defensive | 0.00% | 2,170 | +26 | +1.21% | $224,270.00 |
| 41 | ATAI LIFE SCIENCES NV | N0731H103 | Other | 0.00% | 42,112 | - | - | $222,772.00 |
| 42 | BLACKROCK INC | BLK | Other | 0.00% | 186 | +186 | +100.00% | $216,852.00 |
| 43 | SMITH DOUGLAS HOMES CORP | SDHC | Real Estate | 0.00% | 12,209 | +12,209 | +100.00% | $215,611.00 |
| 44 | CARMAX INC | KMX | Consumer Cyclical | 0.00% | 4,469 | -1,811 | -28.84% | $200,524.00 |
| 45 | RIMINI STR INC DEL | RMNI | Technology | 0.00% | 37,141 | -814 | -2.14% | $173,820.00 |
Holdings by Sector
| Sector | Allocation | Value |
|---|---|---|
| Financial Services | 33.81% | $2,034,288,042.00 |
| Communication Services | 32.83% | $1,975,232,216.00 |
| Healthcare | 13.49% | $811,768,596.00 |
| Technology | 8.96% | $539,260,023.00 |
| Other | 5.95% | $357,979,104.00 |
| Industrials | 4.90% | $295,054,183.00 |
| Consumer Cyclical | 0.04% | $2,638,191.00 |
| Consumer Defensive | 0.00% | $224,270.00 |
| Real Estate | 0.00% | $215,611.00 |
Portfolio insights
As of Sep 30, 2025, the Sequoia Fund portfolio holds 45 securities valued at $6,016,660,236.00. The Financial Services sector represents the largest allocation, while the top positions account for a significant portion of the total portfolio weight.