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Ruane Cunniff

Sequoia Fund (Ruane, Cunniff & Goldfarb) · Focuses on strong companies with a lasting competitive edge

13F report Q2 2026Filed with the SEC on 2026-08-14
Portfolio value (US stocks)
$6.4B
Stocks held
54
New / Added
4 / 6
Trimmed / Sold out
12 / 0

Top 5 holdings: GOOGL 11.1%, TSM 8.7%, FWONK 7.7%, SCHW 6.6%, COF 6.1%

Holdings in or near the buy zone today

From stocks Ruane Cunniff holds · latest close

See all

Price levels and picks are calculated automatically with the same formula for every stock — for education only, not a recommendation to buy or sell. · How it's calculated

Trades in Q2 2026

Compared with the previous quarter's report

ROP

ROPER TECHNOLOGIES INC

$228M
3.6% of portfolio
VT

VANGUARD INTL EQUITY INDEX F

$223,811
0.00% of portfolio
HGV

HILTON GRAND VACATIONS INC

$219,378
0.00% of portfolio
BAC

BANK OF AMER CORP

$206,553
0.00% of portfolio

All holdings

Weight = value of that stock ÷ total value of US stocks in the report

GOOGLTrimmedHit target T1

ALPHABET INC · Communication Services · shares -6%

11.1%
$713M
Since report -2.0%
TSMHeld

TAIWAN SEMICONDUCTOR MANUFAC · Technology

8.7%
$560M
Since report -3.5%
FWONKHeld

LIBERTY MEDIA CORP DEL · Communication Services

7.7%
$497M
Since report -2.0%
SCHWHeld

SCHWAB CHARLES CORP · Financial Services

6.6%
$422M
Since report +7.4%
COFHeld

CAPITAL ONE FINL CORP · Financial Services

6.1%
$392M
Since report -2.4%
ELVTrimmed

ELEVANCE HEALTH INC FORMERLY · Healthcare · shares -29%

5.9%
$379M
Since report +2.2%
ICON PUB LTD COAdded

ICON PUB LTD CO · shares +25%

5.5%
$356M
GOOGHeldNear target

ALPHABET INC · Communication Services

5.1%
$327M
Since report -1.9%
SUNBTrimmed

SUNBELT RENTALS HOLDINGS INC · Industrials · shares -22%

5.0%
$319M
Since report +1.9%
ICEHeld

INTERCONTINENTAL EXCHANGE IN · Financial Services

4.9%
$315M
Since report +24.8%
MSAHeld

MSA SAFETY INC · Industrials

4.7%
$301M
Since report +2.7%
UNHHeld

UNITEDHEALTH GROUP INC · Healthcare

4.6%
$293M
Since report -10.4%
TECHHeldNear buy zone

BIO-TECHNE CORP · Healthcare

3.7%
$237M
Since report +2.7%
ROPNew buy

ROPER TECHNOLOGIES INC · Technology

3.6%
$228M
Since report +4.2%
ALGNHeld

ALIGN TECHNOLOGY INC · Healthcare

3.1%
$198M
Since report -13.9%
SAPAdded

SAP SE · Technology · shares +65%

3.0%
$191M
Since report +37.1%
ZTSHeld

ZOETIS INC · Healthcare

2.6%
$169M
Since report -1.8%
BRK/BHeld

BERKSHIRE HATHAWAY INC DEL · Financial Services

2.3%
$150M
Since report -0.0%
ACCENTURE PLC IRELANDHeld

ACCENTURE PLC IRELAND

1.7%
$112M
METATrimmed

META PLATFORMS INC · Communication Services · shares -23%

1.4%
$87M
Since report +29.9%

Portfolio value over time

Each quarter per the 13F report (value at quarter end)

Latest $6.4B

Q1 202538 stocks
Q2 202543 stocks
Q3 202547 stocks
Q4 202548 stocks
Q1 202650 stocks
Q2 202654 stocks
Top holdings’ weight over time
QuarterGOOGLTSMFWONKSCHWCOF
Q2 202611.1%8.7%7.7%6.6%6.1%
Q1 202610.1%6.8%7.6%7.4%6.1%
Q4 202510.6%6.7%8.4%8.7%7.8%
Q3 20259.5%8.7%9.6%10.0%7.4%
Q2 20257.1%7.4%10.1%10.3%7.7%
Q1 20256.7%5.6%9.4%9.6%6.9%

Sector breakdown

Communication Services
25.3%
Financial Services
21.2%
Healthcare
19.8%
Technology
15.3%
Industrials
9.8%
Other / funds / unknown
8.6%
Consumer Cyclical
0.0%
Real Estate
0.0%
Consumer Defensive
0.0%

Other whales

13F reports show only US stocks held at quarter end and can be filed up to 45 days late · They exclude short sales, options and other assets · For educational purposes only — not investment advice