{
 "manager": "Ruane, Cunniff & Goldfarb (Sequoia)",
 "page": "https://www.moatshark.com/m/ruane-cunniff-goldfarb-sequoia",
 "form": "13F-HR",
 "period": "2026-06-30",
 "filed": "2026-08-14",
 "previous_period": "2026-03-31",
 "filing_url": "https://www.sec.gov/Archives/edgar/data/1720792/000091957426005176/0000919574-26-005176-index.htm",
 "total_value_usd": 6427481573,
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holdings": [
  {
   "company": "Alphabet",
   "ticker": "GOOG",
   "moatshark_slug": "goog",
   "sector": "Communication and media",
   "value_usd": 1039476625,
   "shares": 2919140,
   "portfolio_pct": 16.17,
   "previous_pct": 14.62,
   "change": "REDUCE",
   "share_change_pct": -4.9,
   "quarters_held": 44
  },
  {
   "company": "Taiwan Semiconductor Manufacturing",
   "ticker": "TSM",
   "moatshark_slug": "tsm",
   "sector": "Technology",
   "value_usd": 560058278,
   "shares": 1172725,
   "portfolio_pct": 8.71,
   "previous_pct": 6.77,
   "change": "REDUCE",
   "share_change_pct": -3,
   "quarters_held": 27
  },
  {
   "company": "Liberty Media",
   "ticker": "FWONA",
   "moatshark_slug": "fwona",
   "sector": "Communication and media",
   "value_usd": 557862647,
   "shares": 5919173,
   "portfolio_pct": 8.68,
   "previous_pct": 8.49,
   "change": "REDUCE",
   "share_change_pct": -2.7,
   "quarters_held": 12
  },
  {
   "company": "Charles Schwab",
   "ticker": "SCHW",
   "moatshark_slug": "schw",
   "sector": "Financials",
   "value_usd": 421798926,
   "shares": 4571355,
   "portfolio_pct": 6.56,
   "previous_pct": 7.35,
   "change": "REDUCE",
   "share_change_pct": -3,
   "quarters_held": 41
  },
  {
   "company": "Capital One Financial",
   "ticker": "COF",
   "moatshark_slug": "cof",
   "sector": "Financials",
   "value_usd": 392429572,
   "shares": 1956084,
   "portfolio_pct": 6.11,
   "previous_pct": 6.11,
   "change": "REDUCE",
   "share_change_pct": -3.1,
   "quarters_held": 16
  },
  {
   "company": "Elevance Health",
   "ticker": "ELV",
   "moatshark_slug": "elv",
   "sector": "Health care",
   "value_usd": 378839935,
   "shares": 979598,
   "portfolio_pct": 5.89,
   "previous_pct": 6.74,
   "change": "REDUCE",
   "share_change_pct": -29.4,
   "quarters_held": 22
  },
  {
   "company": "Icon",
   "ticker": "ICLR",
   "moatshark_slug": "iclr",
   "sector": "Health care",
   "value_usd": 355773193,
   "shares": 2048087,
   "portfolio_pct": 5.54,
   "previous_pct": 3,
   "change": "ADD",
   "share_change_pct": 25.3,
   "quarters_held": 7
  },
  {
   "company": "Sunbelt Rentals Holdings",
   "ticker": "SUNB",
   "moatshark_slug": "sunb",
   "sector": "Industrials",
   "value_usd": 318777604,
   "shares": 4261163,
   "portfolio_pct": 4.96,
   "previous_pct": 5.93,
   "change": "REDUCE",
   "share_change_pct": -22.4,
   "quarters_held": 2
  },
  {
   "company": "Intercontinental Exchange",
   "ticker": "ICE",
   "moatshark_slug": "ice",
   "sector": "Financials",
   "value_usd": 315253563,
   "shares": 2560747,
   "portfolio_pct": 4.9,
   "previous_pct": 6.89,
   "change": "REDUCE",
   "share_change_pct": -3,
   "quarters_held": 24
  },
  {
   "company": "MSA Safety",
   "ticker": "MSA",
   "moatshark_slug": "msa",
   "sector": "Health care",
   "value_usd": 300524631,
   "shares": 1721415,
   "portfolio_pct": 4.68,
   "previous_pct": 4.83,
   "change": "REDUCE",
   "share_change_pct": -3.1,
   "quarters_held": 5
  },
  {
   "company": "UnitedHealth Group",
   "ticker": "UNH",
   "moatshark_slug": "unh",
   "sector": "Health care",
   "value_usd": 293249409,
   "shares": 705554,
   "portfolio_pct": 4.56,
   "previous_pct": 3.27,
   "change": "REDUCE",
   "share_change_pct": -3.1,
   "quarters_held": 27
  },
  {
   "company": "Bio-Techne",
   "ticker": "TECH",
   "moatshark_slug": "tech",
   "sector": "Health care",
   "value_usd": 236595617,
   "shares": 3348841,
   "portfolio_pct": 3.68,
   "previous_pct": 2.94,
   "change": "REDUCE",
   "share_change_pct": -1.3,
   "quarters_held": 5
  },
  {
   "company": "Roper Technologies",
   "ticker": "ROP",
   "moatshark_slug": "rop",
   "sector": "Industrials",
   "value_usd": 228380088,
   "shares": 674902,
   "portfolio_pct": 3.55,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Berkshire Hathaway",
   "ticker": "BRK.B",
   "moatshark_slug": "brk-b",
   "sector": "Insurance",
   "value_usd": 227584812,
   "shares": 300775,
   "portfolio_pct": 3.54,
   "previous_pct": 3.78,
   "change": "REDUCE",
   "share_change_pct": -3.1,
   "quarters_held": 53
  },
  {
   "company": "Align Technology",
   "ticker": "ALGN",
   "moatshark_slug": "algn",
   "sector": "Health care",
   "value_usd": 197577600,
   "shares": 1171455,
   "portfolio_pct": 3.07,
   "previous_pct": 3.43,
   "change": "REDUCE",
   "share_change_pct": -2.9,
   "quarters_held": 3
  },
  {
   "company": "SAP",
   "ticker": "SAP",
   "moatshark_slug": "sap",
   "sector": "Technology",
   "value_usd": 190564104,
   "shares": 1236546,
   "portfolio_pct": 2.96,
   "previous_pct": 2.13,
   "change": "ADD",
   "share_change_pct": 64.9,
   "quarters_held": 4
  },
  {
   "company": "Zoetis",
   "ticker": "ZTS",
   "moatshark_slug": "zts",
   "sector": "Health care",
   "value_usd": 169108138,
   "shares": 2353300,
   "portfolio_pct": 2.63,
   "previous_pct": 4.76,
   "change": "REDUCE",
   "share_change_pct": -3,
   "quarters_held": 2
  },
  {
   "company": "Accenture",
   "ticker": "ACN",
   "moatshark_slug": "acn",
   "sector": "Technology",
   "value_usd": 112225965,
   "shares": 901848,
   "portfolio_pct": 1.75,
   "previous_pct": 3.05,
   "change": "REDUCE",
   "share_change_pct": -2.8,
   "quarters_held": 3
  },
  {
   "company": "Meta Platforms",
   "ticker": "META",
   "moatshark_slug": "meta",
   "sector": "Communication and media",
   "value_usd": 86910577,
   "shares": 154291,
   "portfolio_pct": 1.35,
   "previous_pct": 1.91,
   "change": "REDUCE",
   "share_change_pct": -23.3,
   "quarters_held": 34
  },
  {
   "company": "Liberty Broadband",
   "ticker": "8L8C",
   "moatshark_slug": "8l8c",
   "sector": null,
   "value_usd": 12548947,
   "shares": 377254,
   "portfolio_pct": 0.2,
   "previous_pct": 1.16,
   "change": "REDUCE",
   "share_change_pct": -72.8,
   "quarters_held": 34
  },
  {
   "company": "Amentum Holdings",
   "ticker": "AMTM",
   "moatshark_slug": "amtm",
   "sector": "Industrials",
   "value_usd": 11104193,
   "shares": 537213,
   "portfolio_pct": 0.17,
   "previous_pct": 0.7,
   "change": "REDUCE",
   "share_change_pct": -66.9,
   "quarters_held": 8
  },
  {
   "company": "Credit Acceptance",
   "ticker": "CACC",
   "moatshark_slug": "cacc",
   "sector": "Financials",
   "value_usd": 3361350,
   "shares": 5279,
   "portfolio_pct": 0.05,
   "previous_pct": 1.03,
   "change": "REDUCE",
   "share_change_pct": -96.4,
   "quarters_held": 38
  },
  {
   "company": "Gci Liberty",
   "ticker": "GLIBA",
   "moatshark_slug": "gliba",
   "sector": "Communication and media",
   "value_usd": 3077154,
   "shares": 142281,
   "portfolio_pct": 0.05,
   "previous_pct": 0.39,
   "change": "REDUCE",
   "share_change_pct": -77.6,
   "quarters_held": 4
  },
  {
   "company": "Micron Technology",
   "ticker": "MU",
   "moatshark_slug": "mu",
   "sector": "Technology",
   "value_usd": 2495575,
   "shares": 2162,
   "portfolio_pct": 0.04,
   "previous_pct": 0.01,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 5
  },
  {
   "company": "Equitable Holdings",
   "ticker": "EQH",
   "moatshark_slug": "eqh",
   "sector": "Insurance",
   "value_usd": 1768803,
   "shares": 40310,
   "portfolio_pct": 0.03,
   "previous_pct": 0.02,
   "change": "REDUCE",
   "share_change_pct": -0.4,
   "quarters_held": 23
  },
  {
   "company": "Group 1 Automotive",
   "ticker": "GPI",
   "moatshark_slug": "gpi",
   "sector": "Consumer discretionary",
   "value_usd": 1422074,
   "shares": 4884,
   "portfolio_pct": 0.02,
   "previous_pct": 0.02,
   "change": "ADD",
   "share_change_pct": 21.7,
   "quarters_held": 13
  },
  {
   "company": "Vanguard Index Fds",
   "ticker": "VOO",
   "moatshark_slug": "voo",
   "sector": null,
   "value_usd": 1100129,
   "shares": 2973,
   "portfolio_pct": 0.02,
   "previous_pct": 0.01,
   "change": "ADD",
   "share_change_pct": 8.2,
   "quarters_held": 8
  },
  {
   "company": "Lithia Motors",
   "ticker": "LAD",
   "moatshark_slug": "lad",
   "sector": "Consumer discretionary",
   "value_usd": 852007,
   "shares": 2933,
   "portfolio_pct": 0.01,
   "previous_pct": 0.01,
   "change": "REDUCE",
   "share_change_pct": -1.8,
   "quarters_held": 15
  },
  {
   "company": "Jacobs Solutions",
   "ticker": "J",
   "moatshark_slug": "j",
   "sector": "Industrials",
   "value_usd": 786744,
   "shares": 6244,
   "portfolio_pct": 0.01,
   "previous_pct": 0.01,
   "change": "REDUCE",
   "share_change_pct": -0.7,
   "quarters_held": 16
  },
  {
   "company": "Netflix",
   "ticker": "NFLX",
   "moatshark_slug": "nflx",
   "sector": "Communication and media",
   "value_usd": 577697,
   "shares": 8091,
   "portfolio_pct": 0.01,
   "previous_pct": 0.01,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 23
  },
  {
   "company": "Vanguard Star Fds",
   "ticker": "VXUS",
   "moatshark_slug": "vxus",
   "sector": null,
   "value_usd": 548846,
   "shares": 6420,
   "portfolio_pct": 0.01,
   "previous_pct": 0.01,
   "change": "ADD",
   "share_change_pct": 8.6,
   "quarters_held": 6
  },
  {
   "company": "Globus Medical",
   "ticker": "GMED",
   "moatshark_slug": "gmed",
   "sector": "Health care",
   "value_usd": 474692,
   "shares": 6008,
   "portfolio_pct": 0.01,
   "previous_pct": 0.01,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 2
  },
  {
   "company": "Smith Douglas Homes",
   "ticker": "SDHC",
   "moatshark_slug": "sdhc",
   "sector": "Consumer discretionary",
   "value_usd": 423854,
   "shares": 27275,
   "portfolio_pct": 0.01,
   "previous_pct": 0,
   "change": "ADD",
   "share_change_pct": 88.2,
   "quarters_held": 4
  },
  {
   "company": "Copa Holdings",
   "ticker": "CPA",
   "moatshark_slug": "cpa",
   "sector": "Industrials",
   "value_usd": 397481,
   "shares": 2555,
   "portfolio_pct": 0.01,
   "previous_pct": 0,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 7
  },
  {
   "company": "Kaspi Kz Jsc",
   "ticker": "KSPI",
   "moatshark_slug": "kspi",
   "sector": "Financials",
   "value_usd": 340842,
   "shares": 3934,
   "portfolio_pct": 0.01,
   "previous_pct": 0.01,
   "change": "REDUCE",
   "share_change_pct": -3.6,
   "quarters_held": 4
  },
  {
   "company": "American Express",
   "ticker": "AXP",
   "moatshark_slug": "axp",
   "sector": "Financials",
   "value_usd": 315249,
   "shares": 932,
   "portfolio_pct": 0,
   "previous_pct": 0,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 10
  },
  {
   "company": "Apple",
   "ticker": "AAPL",
   "moatshark_slug": "aapl",
   "sector": "Technology",
   "value_usd": 278075,
   "shares": 961,
   "portfolio_pct": 0,
   "previous_pct": 0,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 4
  },
  {
   "company": "Microsoft",
   "ticker": "MSFT",
   "moatshark_slug": "msft",
   "sector": "Technology",
   "value_usd": 274916,
   "shares": 737,
   "portfolio_pct": 0,
   "previous_pct": 0,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 13
  },
  {
   "company": "Sinclair",
   "ticker": "SBGI",
   "moatshark_slug": "sbgi",
   "sector": "Communication and media",
   "value_usd": 255916,
   "shares": 17959,
   "portfolio_pct": 0,
   "previous_pct": 0,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 13
  },
  {
   "company": "Dollar General",
   "ticker": "DG",
   "moatshark_slug": "dg",
   "sector": "Consumer discretionary",
   "value_usd": 251861,
   "shares": 2188,
   "portfolio_pct": 0,
   "previous_pct": 0,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 5
  },
  {
   "company": "Ferguson Enterprises",
   "ticker": "FERG",
   "moatshark_slug": "ferg",
   "sector": "Industrials",
   "value_usd": 237330,
   "shares": 1000,
   "portfolio_pct": 0,
   "previous_pct": 0,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 5
  },
  {
   "company": "Vanguard International Equity Index F",
   "ticker": "VT",
   "moatshark_slug": "vt",
   "sector": null,
   "value_usd": 223811,
   "shares": 1426,
   "portfolio_pct": 0,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Ataibeckley",
   "ticker": "ATAI",
   "moatshark_slug": "atai",
   "sector": null,
   "value_usd": 221930,
   "shares": 42112,
   "portfolio_pct": 0,
   "previous_pct": 0,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 2
  },
  {
   "company": "Charter Communications",
   "ticker": "CHTR",
   "moatshark_slug": "chtr",
   "sector": "Communication and media",
   "value_usd": 221279,
   "shares": 1556,
   "portfolio_pct": 0,
   "previous_pct": 0.55,
   "change": "REDUCE",
   "share_change_pct": -99,
   "quarters_held": 9
  },
  {
   "company": "Hilton Grand Vacations",
   "ticker": "HGV",
   "moatshark_slug": "hgv",
   "sector": "Consumer discretionary",
   "value_usd": 219378,
   "shares": 4189,
   "portfolio_pct": 0,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "S&P Global",
   "ticker": "SPGI",
   "moatshark_slug": "spgi",
   "sector": "Financials",
   "value_usd": 216255,
   "shares": 531,
   "portfolio_pct": 0,
   "previous_pct": 0,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 11
  },
  {
   "company": "Bank of America",
   "ticker": "BAC",
   "moatshark_slug": "bac",
   "sector": "Financials",
   "value_usd": 206553,
   "shares": 3625,
   "portfolio_pct": 0,
   "previous_pct": null,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "company": "Stellantis",
   "ticker": "STLA",
   "moatshark_slug": "stla",
   "sector": "Consumer discretionary",
   "value_usd": 143931,
   "shares": 25075,
   "portfolio_pct": 0,
   "previous_pct": 0,
   "change": "HOLD",
   "share_change_pct": 0,
   "quarters_held": 22
  },
  {
   "company": "Rimini Street",
   "ticker": "RMNI",
   "moatshark_slug": "rmni",
   "sector": "Industrials",
   "value_usd": 143417,
   "shares": 33666,
   "portfolio_pct": 0,
   "previous_pct": 0,
   "change": "REDUCE",
   "share_change_pct": -4.5,
   "quarters_held": 20
  }
 ]
}