Ruane, Cunniff & Goldfarb L.P. Long-Term Concentrated

Location: New York, NY

CIK: 0001720792 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value: $5.506B (100.0% shares, 0.0% debt)

Holdings (38)

SCHW SCHWAB CHARLES CORP 9.6%

Value $529M Shares 6,761,375 Est. Cost $46.83 Unrealized +65.8%

FWONK LIBERTY MEDIA CORP DEL 9.4%

Value $518M Shares 5,755,304 Est. Cost $62.30 Unrealized —

ELV ELEVANCE HEALTH INC 8.9%

Value $488M Shares 1,122,920 Est. Cost $363.68 Unrealized +8.4%

ICE INTERCONTINENTAL EXCHANGE IN 8.8%

Value $482M Shares 2,794,096 Est. Cost $96.93 Unrealized +67.2%

UNH UNITEDHEALTH GROUP INC 7.8%

Value $431M Shares 822,168 Est. Cost $263.40 Unrealized +89.6%

COF CAPITAL ONE FINL CORP 6.9%

Value $382M Shares 2,130,414 Est. Cost $99.36 Unrealized +88.0%

GOOGL ALPHABET INC 6.7%

Value $367M Shares 2,372,844 Est. Cost $107.41 Unrealized +68.2%

CACC CREDIT ACCEP CORP MICH 6.0%

Value $332M Shares 643,101 Est. Cost $342.21 Unrealized +44.5%

TSM TAIWAN SEMICONDUCTOR MFG LTD 5.6%

Value $310M Shares 1,866,293 Est. Cost $66.66 Unrealized —

META META PLATFORMS INC 5.3%

Value $295M Shares 510,972 Est. Cost $203.93 Unrealized +215.4%

ICLR ICON PLC 4.0%

Value $219M Shares 1,254,350 Est. Cost $233.52 Unrealized -17.0%

GOOG ALPHABET INC 3.8%

Value $208M Shares 1,328,509 Est. Cost $107.47 Unrealized +69.8%

LBRDK LIBERTY BROADBAND CORP 3.7%

Value $203M Shares 2,383,453 Est. Cost $89.44 Unrealized -15.9%

BRK/B BERKSHIRE HATHAWAY INC DEL 3.3%

Value $179M Shares 336,982 Est. Cost $215.17 Unrealized +125.9%

CHTR CHARTER COMMUNICATIONS INC N 2.7%

Value $148M Shares 400,460 Est. Cost $272.92 Unrealized +31.1%

J JACOBS SOLUTIONS INC 2.6%

Value $142M Shares 1,176,743 Est. Cost $99.88 Unrealized +27.8%

BRK/A BERKSHIRE HATHAWAY INC DEL 1.8%

Value $101M Shares 126 Est. Cost $308211.47 Unrealized +136.6%

FWONA LIBERTY MEDIA CORP DEL 1.1%

Value $60.39M Shares 741,230 Est. Cost $56.54 Unrealized —

LBRDA LIBERTY BROADBAND CORP 1.0%

Value $57.3M Shares 674,067 Est. Cost $83.91 Unrealized -10.9%

AMTM AMENTUM HOLDINGS INC 0.8%

Value $43.55M Shares 2,393,039 Est. Cost $28.49 Unrealized -28.5%

EXPD EXPEDITORS INTL WASH INC 0.0%

Value $2.634M Shares 21,902 Est. Cost $116.51 Unrealized -2.4%

EQH EQUITABLE HLDGS INC 0.0%

Value $2.122M Shares 40,728 Est. Cost $24.27 Unrealized +111.5%

GPI GROUP 1 AUTOMOTIVE INC 0.0%

Value $1.284M Shares 3,361 Est. Cost $244.21 Unrealized +79.5%

LAD LITHIA MTRS INC 0.0%

Value $797K Shares 2,716 Est. Cost $223.67 Unrealized +52.2%

BLDR BUILDERS FIRSTSOURCE INC 0.0%

Value $587K Shares 4,700 Est. Cost $26.85 Unrealized +441.8%

NFLX NETFLIX INC 0.0%

Value $565K Shares 606 Est. Cost $39.14 Unrealized +143.0%

KMX CARMAX INC 0.0%

Value $489K Shares 6,280 Est. Cost $73.78 Unrealized +8.7%

VTI VANGUARD INDEX FDS 0.0%

Value $474K Shares 1,725 Est. Cost $280.78 Unrealized —

STLA STELLANTIS N.V 0.0%

Value $445K Shares 39,677 Est. Cost $16.26 Unrealized —

VOO VANGUARD INDEX FDS 0.0%

Value $350K Shares 682 Est. Cost $513.91 Unrealized —

SBGI SINCLAIR INC 0.0%

Value $286K Shares 17,959 Est. Cost $16.51 Unrealized -8.3%

SPGI S&P GLOBAL INC 0.0%

Value $270K Shares 531 Est. Cost $388.21 Unrealized +30.7%

VXUS VANGUARD STAR FDS 0.0%

Value $256K Shares 4,121 Est. Cost $62.10 Unrealized —

AXP AMERICAN EXPRESS CO 0.0%

Value $251K Shares 932 Est. Cost $202.90 Unrealized +44.1%

MSFT MICROSOFT CORP 0.0%

Value $244K Shares 649 Est. Cost $307.21 Unrealized +31.9%

CPA COPA HOLDINGS SA 0.0%

Value $236K Shares 2,555 Est. Cost $88.34 Unrealized -0.3%

RMNI RIMINI STR INC DEL 0.0%

Value $132K Shares 37,955 Est. Cost $4.66 Unrealized -30.4%

— ATAI LIFE SCIENCES NV 0.0%

Value $57,272 Shares 42,112 Est. Cost $1.81 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SCHW	SCHWAB CHARLES CORP	6,761,375	$529M	9.6%	$46.83	+65.8%	COM	808513105
FWONK	LIBERTY MEDIA CORP DEL	5,755,304	$518M	9.4%	$62.30	—	COM LBTY ONE S C	531229755
ELV	ELEVANCE HEALTH INC	1,122,920	$488M	8.9%	$363.68	+8.4%	COM	036752103
ICE	INTERCONTINENTAL EXCHANGE IN	2,794,096	$482M	8.8%	$96.93	+67.2%	COM	45866F104
UNH	UNITEDHEALTH GROUP INC	822,168	$431M	7.8%	$263.40	+89.6%	COM	91324P102
COF	CAPITAL ONE FINL CORP	2,130,414	$382M	6.9%	$99.36	+88.0%	COM	14040H105
GOOGL	ALPHABET INC	2,372,844	$367M	6.7%	$107.41	+68.2%	CAP STK CL A	02079K305
CACC	CREDIT ACCEP CORP MICH	643,101	$332M	6.0%	$342.21	+44.5%	COM	225310101
TSM	TAIWAN SEMICONDUCTOR MFG LTD	1,866,293	$310M	5.6%	$66.66	—	SPONSORED ADS	874039100
META	META PLATFORMS INC	510,972	$295M	5.3%	$203.93	+215.4%	CL A	30303M102
ICLR	ICON PLC	1,254,350	$219M	4.0%	$233.52	-17.0%	SHS	G4705A100
GOOG	ALPHABET INC	1,328,509	$208M	3.8%	$107.47	+69.8%	CAP STK CL C	02079K107
LBRDK	LIBERTY BROADBAND CORP	2,383,453	$203M	3.7%	$89.44	-15.9%	COM SER C	530307305
BRK/B	BERKSHIRE HATHAWAY INC DEL	336,982	$179M	3.3%	$215.17	+125.9%	CL B NEW	084670702
CHTR	CHARTER COMMUNICATIONS INC N	400,460	$148M	2.7%	$272.92	+31.1%	CL A	16119P108
J	JACOBS SOLUTIONS INC	1,176,743	$142M	2.6%	$99.88	+27.8%	COM	46982L108
BRK/A	BERKSHIRE HATHAWAY INC DEL	126	$101M	1.8%	$308211.47	+136.6%	CL A	084670108
FWONA	LIBERTY MEDIA CORP DEL	741,230	$60.39M	1.1%	$56.54	—	COM LBTY ONE S A	531229771
LBRDA	LIBERTY BROADBAND CORP	674,067	$57.3M	1.0%	$83.91	-10.9%	COM SER A	530307107
AMTM	AMENTUM HOLDINGS INC	2,393,039	$43.55M	0.8%	$28.49	-28.5%	COM	023939101
EXPD	EXPEDITORS INTL WASH INC	21,902	$2.634M	0.0%	$116.51	-2.4%	COM	302130109
EQH	EQUITABLE HLDGS INC	40,728	$2.122M	0.0%	$24.27	+111.5%	COM	29452E101
GPI	GROUP 1 AUTOMOTIVE INC	3,361	$1.284M	0.0%	$244.21	+79.5%	COM	398905109
LAD	LITHIA MTRS INC	2,716	$797K	0.0%	$223.67	+52.2%	COM	536797103
BLDR	BUILDERS FIRSTSOURCE INC	4,700	$587K	0.0%	$26.85	+441.8%	COM	12008R107
NFLX	NETFLIX INC	606	$565K	0.0%	$39.14	+143.0%	COM	64110L106
KMX	CARMAX INC	6,280	$489K	0.0%	$73.78	+8.7%	COM	143130102
VTI	VANGUARD INDEX FDS	1,725	$474K	0.0%	$280.78	—	TOTAL STK MKT	922908769
STLA	STELLANTIS N.V	39,677	$445K	0.0%	$16.26	—	SHS	N82405106
VOO	VANGUARD INDEX FDS	682	$350K	0.0%	$513.91	—	S&P 500 ETF SHS	922908363
SBGI	SINCLAIR INC	17,959	$286K	0.0%	$16.51	-8.3%	CL A	829242106
SPGI	S&P GLOBAL INC	531	$270K	0.0%	$388.21	+30.7%	COM	78409V104
VXUS	VANGUARD STAR FDS	4,121	$256K	0.0%	$62.10	—	VG TL INTL STK F	921909768
AXP	AMERICAN EXPRESS CO	932	$251K	0.0%	$202.90	+44.1%	COM	025816109
MSFT	MICROSOFT CORP	649	$244K	0.0%	$307.21	+31.9%	COM	594918104
CPA	COPA HOLDINGS SA	2,555	$236K	0.0%	$88.34	-0.3%	CL A	P31076105
RMNI	RIMINI STR INC DEL	37,955	$132K	0.0%	$4.66	-30.4%	COM	76674Q107
—	ATAI LIFE SCIENCES NV	42,112	$57,272	0.0%	$1.81	—	SHS	N0731H103