What Sequoia Fund Bought in Q3 2025
Ruane, Cunniff & Goldfarb · Quarterly 13F recap as filed with the SEC.
Period: 2025-09-30 · Filed · Historical
$6.04B
Total Value
47
Holdings
7
New Buys
23
Reduced
In Q3 2025, Sequoia Fund reported 47 long equity positions worth $6.04B in their Ruane, Cunniff & Goldfarb 13F filing, including 7 new positions (largest: GCI LIBERTY INC at $14.0M) and 7 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | SCHW | SCHWAB CHARLES CORP | 6315561 | $602.9M | 9.99% | -4.3% |
| 2 | FWONK | LIBERTY MEDIA CORP DEL | 5568989 | $581.7M | 9.64% | -0.7% |
| 3 | GOOGL | ALPHABET INC | 2356719 | $572.9M | 9.49% | -0.4% |
| 4 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | 1881721 | $525.5M | 8.71% | -1.9% |
| 5 | ELV | ELEVANCE HEALTH INC FORMERLY | 1448283 | $468.0M | 7.75% | +32.2% |
| 6 | ICE | Intercontinental Exchange | 2743291 | $462.2M | 7.66% | -0.9% |
| 7 | COF | Capital One Financial | 2098124 | $446.0M | 7.39% | -0.9% |
| 8 | GOOG | ALPHABET INC | 1254571 | $305.6M | 5.06% | -2.5% |
| 9 | ICLR | ICON PLC | 1700994 | $297.7M | 4.93% | -0.4% |
| 10 | MSA | MSA SAFETY INC | 1705286 | $293.4M | 4.86% | 79.7% |
| 11 | CACC | CREDIT ACCEP CORP MICH | 578459 | $270.1M | 4.48% | -1.0% |
| 12 | UNH | UNITEDHEALTH GROUP INC | 758223 | $261.8M | 4.34% | -0.7% |
| 13 | META | META PLATFORMS INC | 244021 | $179.2M | 2.97% | -38.6% |
| 14 | BRK.B | Berkshire Hathaway Inc. Class B | 322552 | $162.2M | 2.69% | -1.3% |
| 15 | LBRDK | LIBERTY BROADBAND CORP | 1874237 | $119.1M | 1.97% | -0.8% |
| 16 | CHTR | Charter Communications | 373432 | $102.7M | 1.70% | -3.4% |
| 17 | BRK.A | Berkshire Hathaway Inc. Class A | 117 | $88.2M | 1.46% | — |
| 18 | TECH | BIO-TECHNE CORP | 1473755 | $82.0M | 1.36% | 866.9% |
| 19 | FWONA | LIBERTY MEDIA CORP DEL | 742310 | $70.7M | 1.17% | -0.8% |
| 20 | AMTM | AMENTUM HOLDINGS INC | 2423748 | $58.0M | 0.96% | -0.7% |
| 21 | LBRDA | LIBERTY BROADBAND CORP | 669160 | $42.4M | 0.70% | +0.1% |
| 22 | GLIBK | GCI LIBERTY INC | 374670 | $14.0M | 0.23% | NEW |
| 23 | SAP | SAP SE | 46000 | $12.3M | 0.20% | NEW |
| 24 | GLIBK | GCI LIBERTY INC | 133200 | $5.0M | 0.08% | NEW |
| 25 | EQH | EQUITABLE HLDGS INC | 40636 | $2.1M | 0.03% | -0.2% |
| 26 | GPI | GROUP 1 AUTOMOTIVE INC | 3610 | $1.6M | 0.03% | +7.8% |
| 27 | J | JACOBS SOLUTIONS INC | 9349 | $1.4M | 0.02% | +-99.1% |
| 28 | VTI | Vanguard Total Stock Market ETF | 2647 | $869K | 0.01% | +3.8% |
| 29 | LAD | LITHIA MTRS INC | 2716 | $858K | 0.01% | — |
| 30 | NFLX | NETFLIX INC | 604 | $724K | 0.01% | -0.3% |
| 31 | VXUS | VANGUARD STAR FDS | 5301 | $389K | 0.01% | +13.7% |
| 32 | MU | MICRON TECHNOLOGY INC | 2162 | $362K | 0.01% | — |
| 33 | MSFT | MICROSOFT CORP | 689 | $357K | 0.01% | — |
| 34 | AXP | AMERICAN EXPRESS CO | 932 | $310K | 0.01% | — |
| 35 | CPA | COPA HOLDINGS SA | 2555 | $304K | 0.01% | — |
| 36 | KSPI | KASPI KZ JSC | 3712 | $303K | 0.01% | NEW |
| 37 | SBGI | SINCLAIR INC | 17959 | $271K | 0.00% | — |
| 38 | SPGI | S&P GLOBAL INC | 531 | $258K | 0.00% | — |
| 39 | STLA | STELLANTIS N.V | 27313 | $255K | 0.00% | -31.2% |
| 40 | AAPL | APPLE INC | 891 | $227K | 0.00% | NEW |
| 41 | FERG | FERGUSON ENTERPRISES INC | 1000 | $225K | 0.00% | — |
| 42 | DG | DOLLAR GEN CORP NEW | 2170 | $224K | 0.00% | +1.2% |
| 43 | ATAI | ATAI LIFE SCIENCES NV | 42112 | $223K | 0.00% | — |
| 44 | BLK | BLACKROCK INC | 186 | $217K | 0.00% | NEW |
| 45 | SDHC | SMITH DOUGLAS HOMES CORP | 12209 | $216K | 0.00% | NEW |
| 46 | KMX | CARMAX INC | 4469 | $201K | 0.00% | -28.8% |
| 47 | RMNI | RIMINI STR INC DEL | 37141 | $174K | 0.00% | -2.1% |