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

Location: New York, NY

CIK: 0001720792 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value: $5.833B (100.0% shares, 0.0% debt)

Holdings (43)

SCHW SCHWAB CHARLES CORP 10.3%

Value $602M Shares 6,598,822 Est. Cost $46.83 Unrealized +77.5%

FWONK LIBERTY MEDIA CORP DEL 10.1%

Value $586M Shares 5,610,983 Est. Cost $62.30 Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 8.7%

Value $508M Shares 2,768,977 Est. Cost $96.93 Unrealized +75.9%

COF CAPITAL ONE FINL CORP 7.7%

Value $450M Shares 2,117,016 Est. Cost $99.36 Unrealized +86.2%

TSM TAIWAN SEMICONDUCTOR MFG LTD 7.4%

Value $434M Shares 1,917,681 Est. Cost $70.94 Unrealized —

ELV ELEVANCE HEALTH INC 7.3%

Value $426M Shares 1,095,655 Est. Cost $363.68 Unrealized +9.1%

GOOGL ALPHABET INC 7.1%

Value $417M Shares 2,366,319 Est. Cost $107.41 Unrealized +52.0%

CACC CREDIT ACCEP CORP MICH 5.1%

Value $298M Shares 584,025 Est. Cost $342.21 Unrealized +43.6%

META META PLATFORMS INC 5.0%

Value $293M Shares 397,558 Est. Cost $203.93 Unrealized +202.4%

ICLR ICON PLC 4.3%

Value $248M Shares 1,708,183 Est. Cost $209.16 Unrealized -32.2%

UNH UNITEDHEALTH GROUP INC 4.1%

Value $238M Shares 763,439 Est. Cost $263.40 Unrealized +42.3%

GOOG ALPHABET INC 3.9%

Value $228M Shares 1,286,121 Est. Cost $107.47 Unrealized +53.4%

LBRDK LIBERTY BROADBAND CORP 3.2%

Value $186M Shares 1,889,287 Est. Cost $89.44 Unrealized -6.2%

MSA MSA SAFETY INC 2.7%

Value $159M Shares 949,067 Est. Cost $156.47 Unrealized 0.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 2.7%

Value $159M Shares 326,841 Est. Cost $215.17 Unrealized +136.0%

CHTR CHARTER COMMUNICATIONS INC N 2.7%

Value $158M Shares 386,614 Est. Cost $272.92 Unrealized +40.3%

J JACOBS SOLUTIONS INC 2.4%

Value $141M Shares 1,072,124 Est. Cost $99.88 Unrealized +22.7%

BRK/A BERKSHIRE HATHAWAY INC DEL 1.5%

Value $85.27M Shares 117 Est. Cost $308211.47 Unrealized +147.2%

FWONA LIBERTY MEDIA CORP DEL 1.2%

Value $71.06M Shares 748,343 Est. Cost $56.54 Unrealized —

LBRDA LIBERTY BROADBAND CORP 1.1%

Value $65.42M Shares 668,807 Est. Cost $83.91 Unrealized -1.0%

AMTM AMENTUM HOLDINGS INC 1.0%

Value $57.65M Shares 2,441,743 Est. Cost $28.34 Unrealized -26.2%

TECH BIO-TECHNE CORP 0.1%

Value $7.842M Shares 152,417 Est. Cost $50.06 Unrealized 0.0%

EXPD EXPEDITORS INTL WASH INC 0.0%

Value $2.502M Shares 21,902 Est. Cost $116.51 Unrealized -4.8%

EQH EQUITABLE HLDGS INC 0.0%

Value $2.285M Shares 40,728 Est. Cost $24.27 Unrealized +108.8%

GPI GROUP 1 AUTOMOTIVE INC 0.0%

Value $1.463M Shares 3,350 Est. Cost $244.21 Unrealized +71.9%

LAD LITHIA MTRS INC 0.0%

Value $918K Shares 2,716 Est. Cost $223.67 Unrealized +38.3%

NFLX NETFLIX INC 0.0%

Value $812K Shares 606 Est. Cost $39.14 Unrealized +188.9%

VTI VANGUARD INDEX FDS 0.0%

Value $775K Shares 2,551 Est. Cost $288.28 Unrealized —

KMX CARMAX INC 0.0%

Value $422K Shares 6,280 Est. Cost $73.78 Unrealized -8.8%

STLA STELLANTIS N.V 0.0%

Value $398K Shares 39,677 Est. Cost $16.26 Unrealized —

VOO VANGUARD INDEX FDS 0.0%

Value $387K Shares 682 Est. Cost $513.91 Unrealized —

MSFT MICROSOFT CORP 0.0%

Value $343K Shares 689 Est. Cost $314.48 Unrealized +37.5%

VXUS VANGUARD STAR FDS 0.0%

Value $322K Shares 4,662 Est. Cost $62.91 Unrealized —

AXP AMERICAN EXPRESS CO 0.0%

Value $297K Shares 932 Est. Cost $202.90 Unrealized +37.7%

CPA COPA HOLDINGS SA 0.0%

Value $281K Shares 2,555 Est. Cost $88.34 Unrealized +7.8%

SPGI S&P GLOBAL INC 0.0%

Value $280K Shares 531 Est. Cost $388.21 Unrealized +27.9%

MU MICRON TECHNOLOGY INC 0.0%

Value $266K Shares 2,162 Est. Cost $93.22 Unrealized 0.0%

SBGI SINCLAIR INC 0.0%

Value $248K Shares 17,959 Est. Cost $16.51 Unrealized -13.9%

DG DOLLAR GEN CORP NEW 0.0%

Value $245K Shares 2,144 Est. Cost $98.12 Unrealized 0.0%

FERG FERGUSON ENTERPRISES INC 0.0%

Value $218K Shares 1,000 Est. Cost $182.05 Unrealized 0.0%

RSG REPUBLIC SVCS INC 0.0%

Value $201K Shares 817 Est. Cost $245.13 Unrealized 0.0%

RMNI RIMINI STR INC DEL 0.0%

Value $143K Shares 37,955 Est. Cost $4.66 Unrealized -28.3%

— ATAI LIFE SCIENCES NV 0.0%

Value $92,225 Shares 42,112 Est. Cost $1.81 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SCHW	SCHWAB CHARLES CORP	6,598,822	$602M	10.3%	$46.83	+77.5%	COM	808513105
FWONK	LIBERTY MEDIA CORP DEL	5,610,983	$586M	10.1%	$62.30	—	COM LBTY ONE S C	531229755
ICE	INTERCONTINENTAL EXCHANGE IN	2,768,977	$508M	8.7%	$96.93	+75.9%	COM	45866F104
COF	CAPITAL ONE FINL CORP	2,117,016	$450M	7.7%	$99.36	+86.2%	COM	14040H105
TSM	TAIWAN SEMICONDUCTOR MFG LTD	1,917,681	$434M	7.4%	$70.94	—	SPONSORED ADS	874039100
ELV	ELEVANCE HEALTH INC	1,095,655	$426M	7.3%	$363.68	+9.1%	COM	036752103
GOOGL	ALPHABET INC	2,366,319	$417M	7.1%	$107.41	+52.0%	CAP STK CL A	02079K305
CACC	CREDIT ACCEP CORP MICH	584,025	$298M	5.1%	$342.21	+43.6%	COM	225310101
META	META PLATFORMS INC	397,558	$293M	5.0%	$203.93	+202.4%	CL A	30303M102
ICLR	ICON PLC	1,708,183	$248M	4.3%	$209.16	-32.2%	SHS	G4705A100
UNH	UNITEDHEALTH GROUP INC	763,439	$238M	4.1%	$263.40	+42.3%	COM	91324P102
GOOG	ALPHABET INC	1,286,121	$228M	3.9%	$107.47	+53.4%	CAP STK CL C	02079K107
LBRDK	LIBERTY BROADBAND CORP	1,889,287	$186M	3.2%	$89.44	-6.2%	COM SER C	530307305
MSA	MSA SAFETY INC	949,067	$159M	2.7%	$156.47	0.0%	COM	553498106
BRK/B	BERKSHIRE HATHAWAY INC DEL	326,841	$159M	2.7%	$215.17	+136.0%	CL B NEW	084670702
CHTR	CHARTER COMMUNICATIONS INC N	386,614	$158M	2.7%	$272.92	+40.3%	CL A	16119P108
J	JACOBS SOLUTIONS INC	1,072,124	$141M	2.4%	$99.88	+22.7%	COM	46982L108
BRK/A	BERKSHIRE HATHAWAY INC DEL	117	$85.27M	1.5%	$308211.47	+147.2%	CL A	084670108
FWONA	LIBERTY MEDIA CORP DEL	748,343	$71.06M	1.2%	$56.54	—	COM LBTY ONE S A	531229771
LBRDA	LIBERTY BROADBAND CORP	668,807	$65.42M	1.1%	$83.91	-1.0%	COM SER A	530307107
AMTM	AMENTUM HOLDINGS INC	2,441,743	$57.65M	1.0%	$28.34	-26.2%	COM	023939101
TECH	BIO-TECHNE CORP	152,417	$7.842M	0.1%	$50.06	0.0%	COM	09073M104
EXPD	EXPEDITORS INTL WASH INC	21,902	$2.502M	0.0%	$116.51	-4.8%	COM	302130109
EQH	EQUITABLE HLDGS INC	40,728	$2.285M	0.0%	$24.27	+108.8%	COM	29452E101
GPI	GROUP 1 AUTOMOTIVE INC	3,350	$1.463M	0.0%	$244.21	+71.9%	COM	398905109
LAD	LITHIA MTRS INC	2,716	$918K	0.0%	$223.67	+38.3%	COM	536797103
NFLX	NETFLIX INC	606	$812K	0.0%	$39.14	+188.9%	COM	64110L106
VTI	VANGUARD INDEX FDS	2,551	$775K	0.0%	$288.28	—	TOTAL STK MKT	922908769
KMX	CARMAX INC	6,280	$422K	0.0%	$73.78	-8.8%	COM	143130102
STLA	STELLANTIS N.V	39,677	$398K	0.0%	$16.26	—	SHS	N82405106
VOO	VANGUARD INDEX FDS	682	$387K	0.0%	$513.91	—	S&P 500 ETF SHS	922908363
MSFT	MICROSOFT CORP	689	$343K	0.0%	$314.48	+37.5%	COM	594918104
VXUS	VANGUARD STAR FDS	4,662	$322K	0.0%	$62.91	—	VG TL INTL STK F	921909768
AXP	AMERICAN EXPRESS CO	932	$297K	0.0%	$202.90	+37.7%	COM	025816109
CPA	COPA HOLDINGS SA	2,555	$281K	0.0%	$88.34	+7.8%	CL A	P31076105
SPGI	S&P GLOBAL INC	531	$280K	0.0%	$388.21	+27.9%	COM	78409V104
MU	MICRON TECHNOLOGY INC	2,162	$266K	0.0%	$93.22	0.0%	COM	595112103
SBGI	SINCLAIR INC	17,959	$248K	0.0%	$16.51	-13.9%	CL A	829242106
DG	DOLLAR GEN CORP NEW	2,144	$245K	0.0%	$98.12	0.0%	COM	256677105
FERG	FERGUSON ENTERPRISES INC	1,000	$218K	0.0%	$182.05	0.0%	COMMON STOCK NEW	31488V107
RSG	REPUBLIC SVCS INC	817	$201K	0.0%	$245.13	0.0%	COM	760759100
RMNI	RIMINI STR INC DEL	37,955	$143K	0.0%	$4.66	-28.3%	COM	76674Q107
—	ATAI LIFE SCIENCES NV	42,112	$92,225	0.0%	$1.81	—	SHS	N0731H103