Ruane, Cunniff & Goldfarb L.P.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Ruane, Cunniff & Goldfarb L.P. reported 37 stock positions worth $6.4 billion. Its top holding was Intercontinental Exchange (ICE) at 12.6% of the portfolio, followed by Unitedhealth (UNH, 8.8%) and Elevance Health (ELV, 8.2%). Compared with Q2 2024, it opened 1 new position, sold out of 2, added to 5 and reduced 23. The biggest buy was Charter Communications Class A (CHTR, shares +0%) and the biggest sale Carmax (KMX, shares −52%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001720792
- Portfolio Value
- $6.4B (Q3 2024)
- SEC Filing
- 0000919574-24-006465 ↗ filed Nov 14, 2024
Holdings Value
Holdings 37 stocks · $6.4B
| ICE Intercontinental Exchange Inc. | 12.60% | 5,012,488 | $805.2M | Reduce -1.9% |
| UNH Unitedhealth Group Inc. | 8.84% | 966,315 | $565.0M | Reduce -1.8% |
| ELV Elevance Health Inc. | 8.17% | 1,004,533 | $522.4M | Reduce -1.9% |
| TSM Taiwan Semiconductor-SP ADR | 7.89% | 2,904,689 | $504.5M | Reduce -3.9% |
| SCHW Schwab (charles) Corp. | 7.55% | 7,450,286 | $482.9M | Reduce -4.3% |
| FWONK Liberty Media Corp. Class C | 7.37% | 6,081,334 | $470.9M | Reduce -1.6% |
| GOOGL Alphabet Inc. Class A | 6.92% | 2,667,043 | $442.3M | Reduce -3.9% |
| COF Capital One Financial Corp. | 6.49% | 2,771,238 | $414.9M | Reduce -1.9% |
| J Jacobs Solutions Inc. | 5.18% | 2,530,209 | $331.2M | Reduce -1.8% |
| META Meta Platforms Inc. Class A | 5.08% | 567,157 | $324.7M | Reduce -1.8% |
| CACC Credit Acceptance Corp. | 4.73% | 681,604 | $302.2M | Reduce -3.9% |
| GOOG Alphabet Inc. Class C | 3.82% | 1,460,992 | $244.3M | Reduce -2.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.13% | 434,304 | $199.9M | Reduce -1.1% |
| LBRDK Liberty Broadband-C | 3.04% | 2,514,729 | $194.4M | Reduce -2.0% |
| CHTR Charter Communications Inc. Class A | 2.31% | 455,023 | $147.5M | Add +0.2% |
| KMX Carmax Inc. | 2.21% | 1,825,488 | $141.3M | Reduce -51.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.45% | 134 | $92.6M | Reduce -2.9% |
| AMTM Amentum Holdings Inc. | 1.28% | 2,530,489 | $81.6M | Reduce -1.8% |
| FWONA Liberty Media Corp. Class A | 0.88% | 790,661 | $56.6M | Reduce -2.8% |
| LBRDA Liberty Broadband-A | 0.85% | 709,767 | $54.5M | Reduce -1.9% |
| EXPD Expeditors Intl Wash Inc. | 0.07% | 34,402 | $4.5M | Reduce -66.3% |
| EQH Equitable Holdings Inc. | 0.03% | 40,844 | $1.7M | Reduce -0.1% |
| GPI Group 1 Automotive Inc. | 0.02% | 3,386 | $1.3M | Reduce -1.2% |
| ASAIY Sendas Distribuidora SA | 0.02% | 151,270 | $1.0M | Add +9.4% |
| BLDR Builders Firstsource Inc. | 0.01% | 4,700 | $911K | No change |
| LAD Lithia Motors Inc. | 0.01% | 2,728 | $867K | Add +0.1% |
| STLA Stellantis NV | 0.01% | 51,673 | $726K | Add +14.4% |
| NFLX Netflix Inc. | 0.01% | 606 | $430K | Reduce -1.5% |
| ISCV iShares Morningstar Small-Ca | 0.01% | 6,380 | $405K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.00% | 1,065 | $302K | New |
| MSFT Microsoft Corp. | 0.00% | 649 | $279K | No change |
| SBGI Sinclair Inc. | 0.00% | 17,959 | $275K | No change |
| SPGI S&P Global Inc. | 0.00% | 531 | $274K | No change |
| AXP American Express Co. | 0.00% | 932 | $253K | No change |
| MU Micron Technology Inc. | 0.00% | 2,162 | $224K | No change |
| RMNI Rimini Street Inc. | 0.00% | 38,090 | $70K | Add +34.3% |
| ATAIBECKLEY INC filed as ATAI LIFE SCIENCES NV | 0.00% | 42,112 | $49K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| KMX Carmax Inc. | Reduce -51.9% | 2.21% | −2.13 |
| SCHW Schwab (charles) Corp. | Reduce -4.3% | 7.55% | −1.39 |
| GOOGL Alphabet Inc. Class A | Reduce -3.9% | 6.92% | −0.96 |
| CACC Credit Acceptance Corp. | Reduce -3.9% | 4.73% | −0.96 |
| ELV Elevance Health Inc. | Reduce -1.9% | 8.17% | −0.48 |
| GOOG Alphabet Inc. Class C | Reduce -2.2% | 3.82% | −0.45 |
| J Jacobs Solutions Inc. | Reduce -1.8% | 5.18% | −0.43 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -3.9% | 7.89% | −0.30 |
| EXPD Expeditors Intl Wash Inc. | Reduce -66.3% | 0.07% | −0.13 |
| MHK Mohawk Industries Inc. | Sold out | 0.00% | −0.02 |
| AMTM Amentum Holdings Inc. | Reduce -1.8% | 1.28% | −0.02 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.00 |
| NFLX Netflix Inc. | Reduce -1.5% | 0.01% | +0.00 |
| EQH Equitable Holdings Inc. | Reduce -0.1% | 0.03% | +0.00 |
| GPI Group 1 Automotive Inc. | Reduce -1.2% | 0.02% | +0.00 |
| FWONA Liberty Media Corp. Class A | Reduce -2.8% | 0.88% | +0.07 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -2.9% | 1.45% | +0.13 |
| LBRDA Liberty Broadband-A | Reduce -1.9% | 0.85% | +0.24 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.1% | 3.13% | +0.34 |
| COF Capital One Financial Corp. | Reduce -1.9% | 6.49% | +0.40 |
| FWONK Liberty Media Corp. Class C | Reduce -1.6% | 7.37% | +0.45 |
| META Meta Platforms Inc. Class A | Reduce -1.8% | 5.08% | +0.54 |
| LBRDK Liberty Broadband-C | Reduce -2.0% | 3.04% | +0.85 |
| UNH Unitedhealth Group Inc. | Reduce -1.8% | 8.84% | +1.03 |
| ICE Intercontinental Exchange Inc. | Reduce -1.9% | 12.60% | +1.70 |
Portfolio Buys Q2 2024 → Q3 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 54 | $6.4B | GOOGL, TSM, FWONK, SCHW, COF |
| Q1 2026 | 50 | $6.0B | GOOGL, FWONK, SCHW, ICE, TSM |
| Q4 2025 | 48 | $6.4B | GOOGL, SCHW, FWONK, COF, ELV |
| Q3 2025 | 47 | $6.0B | SCHW, FWONK, GOOGL, TSM, ELV |
| Q2 2025 | 43 | $5.8B | SCHW, FWONK, ICE, COF, TSM |
| Q1 2025 | 38 | $5.5B | SCHW, FWONK, ELV, ICE, UNH |
| Q4 2024 | 39 | $5.9B | ICE, FWONK, SCHW, GOOGL, UNH |
| Q3 2024 | 37 | $6.4B | ICE, UNH, ELV, TSM, SCHW |
| Q2 2024 | 37 | $6.4B | ICE, SCHW, ELV, TSM, GOOGL |
| Q1 2024 | 34 | $6.4B | ICE, SCHW, ELV, UNH, TSM |