Ruane, Cunniff & Goldfarb L.P. is an investment fund managing more than $6.73 billion ran by Wendy Goodrich. There are currently 27 companies in Mrs. Goodrich’s portfolio. The largest investments include Unitedhealth Inc and Schwab Charles Corp, together worth $1.29 billion.
As of 7th November 2022, Ruane, Cunniff & Goldfarb L.P.’s top holding is 1,320,091 shares of Unitedhealth Inc currently worth over $667 million and making up 9.9% of the portfolio value.
Relative to the number of outstanding shares of Unitedhealth Inc, Ruane, Cunniff & Goldfarb L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 8,720,090 shares of Schwab Charles Corp worth $627 million.
The third-largest holding is Intercontinental Exchange In worth $580 million and the next is Liberty Media worth $597 million, with 10,300,345 shares owned.
Currently, Ruane, Cunniff & Goldfarb L.P.'s portfolio is worth at least $6.73 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Ruane, Cunniff & Goldfarb L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Wendy Goodrich serves as the Executive Vice President & COO/CTO at Ruane, Cunniff & Goldfarb L.P..
In the most recent 13F filing, Ruane, Cunniff & Goldfarb L.P. revealed that it had opened a new position in
Intercontinental Exchange In and bought 6,422,256 shares worth $580 million.
The investment fund also strengthened its position in Meta Platforms Inc by buying
767,451 additional shares.
This makes their stake in Meta Platforms Inc total 3,059,770 shares worth $415 million.
Meta Platforms Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Ruane, Cunniff & Goldfarb L.P. is getting rid of from its portfolio.
Ruane, Cunniff & Goldfarb L.P. closed its position in Arista Networks Inc on 14th November 2022.
It sold the previously owned 1,978,002 shares for $415 million.
Wendy Goodrich also disclosed a decreased stake in Unitedhealth Inc by approximately 0.1%.
This leaves the value of the investment at $667 million and 1,320,091 shares.
The two most similar investment funds to Ruane, Cunniff & Goldfarb L.P. are Riverbridge Partners and Baupost Group ma. They manage $6.73 billion and $6.74 billion respectively.
Ruane, Cunniff & Goldfarb L.P.’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 18.3% of
the total portfolio value.
The fund focuses on investments in the United States as
63.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
48% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $240 billion.
These positions were updated on November 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Unitedhealth Group Inc |
7.94%
1,320,091
|
$666,699,000 | 9.90% |
| Schwab Charles Corp |
11.34%
8,720,090
|
$626,713,000 | 9.31% |
| Intercontinental Exchange In |
Opened
6,422,256
|
$580,251,000 | 8.62% |
| Liberty Media Corp. |
2.62%
10,300,345
|
$596,542,000 | 8.86% |
| Elevance Health Inc |
Opened
987,857
|
$448,724,000 | 6.67% |
| Carmax Inc |
3.88%
6,468,603
|
$427,057,000 | 6.34% |
| Arista Networks Inc |
Closed
1,978,002
|
$415,440,000 | |
| Meta Platforms Inc |
33.48%
3,059,770
|
$415,150,000 | 6.17% |
| Credit Accep Corp Mich |
31.78%
822,873
|
$360,418,000 | 5.35% |
| Jacobs Engr Group Inc |
Closed
4,198,002
|
$355,991,000 | |
| Alphabet Inc |
680.71%
5,951,424
|
$570,395,000 | 8.47% |
| Taiwan Semiconductor Mfg Ltd |
31.88%
4,651,030
|
$318,875,000 | 4.74% |
| Disney Walt Co |
Closed
2,814,237
|
$313,816,000 | |
| Jacobs Solutions Inc |
Opened
2,779,534
|
$301,552,000 | 4.48% |
| Mastercard Incorporated |
Closed
997,928
|
$295,087,000 | |
| Netflix Inc. |
Opened
1,228,082
|
$289,140,000 | 4.29% |
| Capital One Finl Corp |
Opened
2,826,955
|
$260,560,000 | 3.87% |
| Micron Technology Inc. |
Opened
4,920,440
|
$246,514,000 | 3.66% |
| Liberty Broadband Corp |
1.77%
3,268,640
|
$241,905,000 | 3.59% |
| Wayfair Inc |
57.81%
4,685,292
|
$152,506,000 | 2.27% |
| Berkshire Hathaway Inc. |
52.81%
522,314
|
$220,303,000 | 3.27% |
| Visa Inc |
Closed
558,702
|
$107,924,000 | |
| Expeditors Intl Wash Inc |
Closed
102,132
|
$7,766,000 | |
| Builders Firstsource Inc |
42.50%
45,747
|
$2,695,000 | 0.04% |
| Sendas Distribuidora S A |
Opened
99,689
|
$1,608,000 | 0.02% |
| Amazon.com Inc. |
88.61%
13,140
|
$1,485,000 | 0.02% |
| Mohawk Inds Inc |
No change
10,833
|
$988,000 | 0.01% |
| Equitable Holdings Inc |
Opened
33,972
|
$895,000 | 0.01% |
| JD.com Inc |
Closed
12,000
|
$722,000 | |
| Procter And Gamble Co |
Closed
5,144
|
$615,000 | |
| Stellantis N.V |
Opened
51,276
|
$607,000 | 0.01% |
| Union Pac Corp |
Closed
3,360
|
$568,000 | |
| American Elec Pwr Co Inc |
Closed
6,686
|
$532,000 | |
| Coca-Cola Co |
Closed
10,550
|
$471,000 | |
| Edison Intl |
Closed
7,868
|
$427,000 | |
| Alibaba Group Sh Adr |
Closed
1,945
|
$420,000 | |
| Sailpoint Technologies Holding |
Closed
14,663
|
$388,000 | |
| Fiat Chrysler Automobiles Nv S |
Closed
37,777
|
$387,000 | |
| Sinclair Broadcast Group, Inc. |
15.00%
17,719
|
$321,000 | 0.00% |
| GTT Communications Inc |
Closed
24,100
|
$197,000 | |
| Rimini Str Inc Del |
Opened
30,380
|
$142,000 | 0.00% |
| Angi Inc |
57.34%
23,088
|
$68,000 | 0.00% |
| Opendoor Technologies Inc. |
Opened
17,500
|
$54,000 | 0.00% |
| Waitr Holdings Inc |
Closed
18,989
|
$50,000 | |
| No transactions found | |||
| Showing first 500 out of 44 holdings | |||