In Q2 2026, Ruane, Cunniff & Goldfarb (Sequoia) held 49 US-listed stocks worth $6.4bn. Its biggest move was buying Roper Technologies (now 3.5% of the portfolio), followed by adding to Icon (25% more shares, now 5.5%). It started 4 new positions and sold out of 0. Its largest holding is Alphabet at 16%.
Against Q1 2026, by number of shares and adjusted for splits. Up to five of each, largest first; the full list is below.
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How much the 13F misses
49% of the $3.5bn of shares held in Ruane, Cunniff & Goldfarb (Sequoia)’s one US-registered fund, Sequoia Fund, by value, are not in its 13F. Those holdings are marked with a gold dot below.
US holdings from the 13F
Q2 2026, filed 14 Aug 2026 (filing): 4 new, 6 added to, 26 trimmed, 0 sold out. Select a row to see it over time.How this works
Changes compare share counts with Q1 2026, adjusted for stock splits. Share classes of the same company are combined. Values are at quarter-end prices.
13F holdings with change from the previous quarter
Each bar is one 13F. Select a bar or press play to see that quarter’s 12 largest positions.How this works
Bars are split by share of the US portfolio: the six biggest holdings over the period in colour, everything else in grey. The last eight quarters are shown in full, earlier years at year end.
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GOOGBRK.BFWONASCHWICETSMEverything else
2013: Alphabet 0.0%, Berkshire Hathaway 13.7%, Liberty Media 0.0%, Charles Schwab 0.0%, Intercontinental Exchange 0.0%, Taiwan Semiconductor Manufacturing 0.0%; 2014: Alphabet 0.0%, Berkshire Hathaway 14.9%, Liberty Media 0.0%, Charles Schwab 0.0%, Intercontinental Exchange 0.0%, Taiwan Semiconductor Manufacturing 0.0%; 2015: Alphabet 4.8%, Berkshire Hathaway 14.1%, Liberty Media 0.0%, Charles Schwab 0.0%, Intercontinental Exchange 0.0%, Taiwan Semiconductor Manufacturing 0.0%; 2016: Alphabet 6.0%, Berkshire Hathaway 17.1%, Liberty Media 0.0%, Charles Schwab 3.1%, Intercontinental Exchange 0.0%, Taiwan Semiconductor Manufacturing 0.0%; 2017: Alphabet 14.3%, Berkshire Hathaway 12.3%, Liberty Media 4.2%, Charles Schwab 3.5%, Intercontinental Exchange 0.0%, Taiwan Semiconductor Manufacturing 0.0%; 2018: Alphabet 18.7%, Berkshire Hathaway 11.8%, Liberty Media 4.5%, Charles Schwab 3.7%, Intercontinental Exchange 0.0%, Taiwan Semiconductor Manufacturing 0.0%; 2019: Alphabet 16.6%, Berkshire Hathaway 12.1%, Liberty Media 6.0%, Charles Schwab 5.0%, Intercontinental Exchange 0.0%, Taiwan Semiconductor Manufacturing 0.0%; 2020: Alphabet 8.1%, Berkshire Hathaway 6.3%, Liberty Media 4.9%, Charles Schwab 5.3%, Intercontinental Exchange 0.0%, Taiwan Semiconductor Manufacturing 7.8%; 2021: Alphabet 9.8%, Berkshire Hathaway 0.0%, Liberty Media 5.9%, Charles Schwab 6.1%, Intercontinental Exchange 0.0%, Taiwan Semiconductor Manufacturing 7.2%; 2022: Alphabet 7.9%, Berkshire Hathaway 0.0%, Liberty Media 9.0%, Charles Schwab 11.0%, Intercontinental Exchange 10.0%, Taiwan Semiconductor Manufacturing 5.2%; 2023: Alphabet 10.7%, Berkshire Hathaway 0.0%, Liberty Media 7.6%, Charles Schwab 9.3%, Intercontinental Exchange 11.5%, Taiwan Semiconductor Manufacturing 6.8%; Q3 ’24: Alphabet 10.7%, Berkshire Hathaway 4.6%, Liberty Media 8.3%, Charles Schwab 7.5%, Intercontinental Exchange 12.6%, Taiwan Semiconductor Manufacturing 7.9%; Q4 ’24: Alphabet 12.2%, Berkshire Hathaway 4.1%, Liberty Media 10.3%, Charles Schwab 8.7%, Intercontinental Exchange 12.2%, Taiwan Semiconductor Manufacturing 6.5%; Q1 ’25: Alphabet 10.4%, Berkshire Hathaway 5.1%, Liberty Media 10.5%, Charles Schwab 9.6%, Intercontinental Exchange 8.8%, Taiwan Semiconductor Manufacturing 5.6%; Q2 ’25: Alphabet 11.1%, Berkshire Hathaway 4.2%, Liberty Media 11.3%, Charles Schwab 10.3%, Intercontinental Exchange 8.7%, Taiwan Semiconductor Manufacturing 7.5%; Q3 ’25: Alphabet 14.6%, Berkshire Hathaway 4.2%, Liberty Media 10.8%, Charles Schwab 10.0%, Intercontinental Exchange 7.7%, Taiwan Semiconductor Manufacturing 8.7%; Q4 ’25: Alphabet 16.2%, Berkshire Hathaway 3.8%, Liberty Media 9.5%, Charles Schwab 8.7%, Intercontinental Exchange 6.8%, Taiwan Semiconductor Manufacturing 6.8%; Q1 ’26: Alphabet 14.6%, Berkshire Hathaway 3.8%, Liberty Media 8.5%, Charles Schwab 7.3%, Intercontinental Exchange 6.9%, Taiwan Semiconductor Manufacturing 6.8%; Q2 ’26: Alphabet 16.2%, Berkshire Hathaway 0.0%, Liberty Media 8.7%, Charles Schwab 6.6%, Intercontinental Exchange 4.9%, Taiwan Semiconductor Manufacturing 8.7%
Total returns after fees for the SEQUX share class (the cheapest one with a full record). 1, 3 and 5-year figures run to 30 Jun 2026, built from the monthly returns the fund reports in its N-PORT filings and checked against its shareholder reports. The 10-year figure is from the shareholder report to 31 Dec 2025. Costs are the expense ratio in the half-year report to 30 Jun 2026, about $111 a year on $10,000. Past returns don’t predict future ones.
Full portfolio at 30 Jun 2026, from the fund’s N-PORT filing. Net assets $3.6bn. Changes are against 31 Mar 2026: 0 new, 4 added to, 3 trimmed, 7 sold out.
Sequoia Fund holdings with change from the previous filing
Q1 Q2 Q3 Q4 · each quarter is that quarter’s profits times the stake reported at its end. *2026 so far: 2 quarters. Click a quarter to see its holdings.
Net income is as reported (GAAP), so it includes one-off items and, for some companies, gains or losses on investments they hold. Companies that report under IFRS (most non-US companies) or whose shares we can’t match reliably are left out; “portfolio covered” shows how much is included. Look-through earnings explained. Growth compares earnings per share over the last 12 months with the 12 months a year earlier, for holdings profitable in both.
5% stake filings
Holdings of 5% or more of a company (13D and 13G), usually reported well before the next 13F.How this works
Ruane, Cunniff & Goldfarb (Sequoia)’s filings since December 2024, newest first. An amendment showing less than 5% means the holding fell below the threshold. A 13D means the holder may seek to influence the company. How to read a 13D.