Comparing Ruane, Cunniff & Goldfarb L.P.'s Q3 and Q4 2022 13F Fund Holdings

Ruane, Cunniff & Goldfarb L.P. is a well-known asset management firm that has been successfully managing its clients' investments for decades. The firm recently filed its Form 13F for Q3 and Q4 2022, which discloses the firm's equity holdings as of the end of each period. In this article, we will compare the changes in the firm's holdings between Q3 and Q4 2022, providing insights into the fund's investment strategies and objectives.

SCHWAB CHARLES CORP

The Q4 2022 13F report indicates that Ruane, Cunniff & Goldfarb L.P. has reduced its shares of SCHWAB CHARLES CORP by 2.7%, representing a decrease from 8,720,090 shares to 8,439,564 shares. This reduction amounts to $76,965,000 in value.

INTERCONTINENTAL EXCHANGE IN

Ruane, Cunniff & Goldfarb L.P. has also reduced its shares of INTERCONTINENTAL EXCHANGE IN by 3.3%. The Q3 2022 13F report showed 6,422,256 shares, which decreased to 6,212,039 shares in the Q4 2022 13F report, and resulted in a loss of $43,958,000 in value.

UNITEDHEALTH GROUP INC

The fund decreased its position in UNITEDHEALTH GROUP INC by 14.9%, reducing the number of shares from 1,320,091 in Q3 to 1,129,622 in Q4. This decrease in shares resulted in a loss of $67,797,000 in value.

LIBERTY MEDIA CORP DEL

Ruane, Cunniff & Goldfarb L.P. has decreased its shares of LIBERTY MEDIA CORP DEL by 5.5% from 9,292,365 shares in Q3 to 8,784,381 shares in Q4. This reduction resulted in a loss of $18,473,000 in value.

TAIWAN SEMICONDUCTOR MFG LTD

The fund increased its shares of TAIWAN SEMICONDUCTOR MFG LTD by 3.2%, indicating an increase from 4,651,030 shares in Q3 to 4,504,162 shares in Q4. This change resulted in an increase of $16,640,000 in value.

ALPHABET INC

RUANE, CUNNIFF & GOLDFARB L.P. decreased its position in ALPHABET INC, class C capital stock, by 9.9%. The Q3 2022 13F report showed a total of 3,668,670 shares, which decreased to 3,581,758 shares in the Q4 2022 13F report, resulting in a loss of $34,863,000 in value.

BERKSHIRE HATHAWAY INC DEL

The fund has increased its shares of BERKSHIRE HATHAWAY INC DEL, class B shares, by 2.5%. The Q3 2022 13F report showed a total of 522,115 shares, which increased to 509,192 shares in the Q4 2022 13F report, resulting in a gain of $17,874,000 in value.

BUILDERS FIRSTSOURCE INC

The fund increased its shares of BUILDERS FIRSTSOURCE INC by 8.3%, from 45,747 shares in Q3 to 45,002 shares in Q4. This increase resulted in a gain of $224,000 in value.

AMAZON COM INC

Ruane, Cunniff & Goldfarb L.P. decreased its shares of AMAZON COM INC by 100%, indicating that it did not hold any shares as of the Q4 2022 13F report.

Conclusion

Ruane, Cunniff & Goldfarb L.P.'s 13F report provides valuable insights into the fund's investment strategies and objectives. As highlighted by the changes in the fund's holdings, the fund has made key adjustments to its portfolio, decreasing its position in some of its holdings while increasing in others. It will be interesting to see the fund's next moves.