Ruane, Cunniff & Goldfarb

Q2 2026 13F

As of: Jun 30, 2026
Filed: Aug 13, 2026
US stock: $6.4B · prev $6.0B
Positions: 54 · prev 50
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves41 since the prior filing

+6.9 pp in · −7.0 pp out

New 4 +3.55 pp
Added 6 +3.39 pp
Trimmed 31 −6.99 pp
Exited 0 0.00 pp

The book

Concentrated · behaves like 17 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 23% a year, about 4.3 years per position

Low
Moderate
High

Top 5 positions40% of US stock

Positions54 in this filing · 0 exited


GOOGLAlphabet Inc. Class A	11.09%	1,994,274	$713M	trimmed−6%	+0.99 pp	44 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	8.71%	1,172,725	$560M	trimmed−3%	+1.94 pp	27 q
FWONKLiberty Media Corporation Series C	7.73%	5,223,453	$497M	trimmed−3%	+0.17 pp	12 q
SCHWThe Charles Schwab Corporation	6.56%	4,571,355	$422M	trimmed−3%	−0.79 pp	41 q
COFCapital One Financial	6.11%	1,956,084	$392M	trimmed−3%	0.00 pp	16 q
ELVElevance Health, Inc.	5.89%	979,598	$379M	trimmed−29%	−0.85 pp	22 q
ICLRIcon Plc	5.54%	2,048,087	$356M	added+25%	+2.54 pp	7 q
GOOGAlphabet Inc. Class C	5.08%	924,866	$327M	trimmed−3%	+0.56 pp	49 q
SUNBSunbelt Rentals Holdings, Inc.	4.96%	4,261,163	$319M	trimmed−22%	−0.97 pp	2 q
ICEIntercontinental Exchange Inc.	4.90%	2,560,747	$315M	trimmed−3%	−1.99 pp	24 q
MSAMine Safety Incorporated	4.68%	1,721,415	$301M	trimmed−3%	−0.15 pp	5 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	4.56%	705,554	$293M	trimmed−3%	+1.29 pp	27 q
TECHBio-Techne Corp.	3.68%	3,348,841	$237M	trimmed−1%	+0.74 pp	5 q
ROPRoper Technologies, Inc.	3.55%	674,902	$228M	new	+3.55 pp	new
ALGNAlign Technology Inc	3.07%	1,171,455	$198M	trimmed−3%	−0.36 pp	3 q
SAPSap SE	2.96%	1,236,546	$191M	added+65%	+0.83 pp	4 q
ZTSZoetis Inc.	2.63%	2,353,300	$169M	trimmed−3%	−2.13 pp	2 q
BRK.BBERKSHIRE HATHAWAY Class B	2.34%	300,672	$150M	trimmed−3%	−0.13 pp	53+ q
ACNAccenture PLC	1.75%	901,848	$112M	trimmed−3%	−1.30 pp	3 q
METAMeta Platforms, Inc. Class A	1.35%	154,291	$87M	trimmed−23%	−0.56 pp	39 q
BRK.ABerkshire Hathaway Inc.	1.20%	103	$77M	trimmed−6%	−0.11 pp	53+ q
FWONALiberty Media Corporation Series A	0.95%	695,720	$61M	trimmed−4%	+0.01 pp	12 q
AMTMAmentum Holdings, Inc.	0.17%	537,213	$11M	trimmed−67%	−0.53 pp	8 q
LBRDKLiberty Broadband Corporation Class C	0.16%	303,309	$10M	trimmed−74%	−0.81 pp	34 q
CACCCredit Acceptance Corp	0.05%	5,279	$3M	trimmed−96%	−0.98 pp	38 q
GLIBKLiberty Capital Corporation Series C GCI Group	0.04%	114,119	$2M	trimmed−77%	−0.27 pp	4 q
LBRDALiberty Broadband Corporation Class A	0.04%	73,945	$2M	trimmed−67%	−0.15 pp	34 q
MUMicron Technology, Inc.	0.04%	2,162	$2M	held	—	5 q
EQHEquitable Holdings, Inc.	0.03%	40,310	$2M	trimmed−0%	+0.01 pp	23 q
GPIGroup 1 Automotive, Inc.	0.02%	4,884	$1M	added+22%	0.00 pp	13 q
VTIVanguard Morningstar Total Stock Market ETF	0.02%	2,973	$1M	added+8%	+0.01 pp	8 q
GLIBALiberty Capital Corporation Series A GCI Group	0.01%	28,162	$616,748	trimmed−78%	−0.07 pp	4 q
GMEDGlobus Medical Inc	0.01%	6,008	$474,692	held	—	2 q
JJacobs Solutions Inc.	0.01%	6,244	$786,744	trimmed−1%	0.00 pp	16 q
KSPIJoint Stock Company Kaspi.kz American Depository Shares	0.01%	3,934	$340,842	trimmed−4%	0.00 pp	4 q
LADLithia Motors, Inc.	0.01%	2,933	$852,007	trimmed−2%	0.00 pp	15 q
NFLXNetFlix Inc	0.01%	8,091	$577,697	held	—	23 q
SDHCSmith Douglas Homes Corp.	0.01%	27,275	$423,854	added+88%	+0.01 pp	4 q
VXUSVanguard Total International Stock ETF	0.01%	6,420	$548,846	added+9%	0.00 pp	6 q
CPACopa Holdings, S.A.	0.01%	2,555	$397,481	held	—	7 q
AXPAmerican Express Company	0.00%	932	$315,249	held	—	10 q
AAPLApple Inc.	0.00%	961	$278,075	held	—	4 q
ATAIAtaiBeckley Inc.	0.00%	42,112	$221,930	held	—	2 q
BACBank of America Corporation	0.00%	3,625	$206,553	new	0.00 pp	new
CHTRCharter Comm Inc Del CL A New	0.00%	1,556	$221,279	trimmed−99%	−0.55 pp	9 q
DGDollar General Corp.	0.00%	2,188	$251,861	held	—	5 q
FERGFerguson Enterprises Inc.	0.00%	1,000	$237,330	held	—	5 q
HGVHilton Grand Vacations Inc.	0.00%	4,189	$219,378	new	0.00 pp	new
MSFTMicrosoft Corp	0.00%	737	$274,916	held	—	13 q
RMNIRimini Street, Inc. (DE)	0.00%	33,666	$143,417	trimmed−5%	0.00 pp	20 q
SPGIS&P Global Inc.	0.00%	531	$216,255	held	—	11 q
SBGISinclair, Inc. Class A	0.00%	17,959	$255,916	held	—	26 q
VTVanguard Total World Stock ETF	0.00%	1,426	$223,811	new	0.00 pp	new
STLAStellantis N.V.	0.00%	25,075	$143,931	held	—	22 q