Ruane Cunniff & Goldfarb LP
The positions Ruane Cunniff & Goldfarb LP reported on its Form 13F for Q2 2026, the quarter ending 30 Jun 2026, filed on 14 Aug 2026. Every figure below is the filing’s own: US-listed long equity, valued at the quarter end, with the change measured against the same manager’s previous filing.
Opened this quarter
A new position is the clearest thing a filing says. Somebody argued for it recently, and it is the easiest question to be ready for.
- Roper Technologies Inc (ROP)$228m · 3.6%
- Liberty Cap Corp$2.5m · 0.0%
- Liberty Cap Corp$600k · 0.0%
- Vanguard Intl Equity Index F$200k · 0.0%
- Hilton Grand Vacations Inc (HGV)$200k · 0.0%
- Bank of Amer Corp$200k · 0.0%
Sold out of this quarter
Exits are valued at what the position was worth in the previous filing, because by this one it is gone.
Nothing was sold out of. Every name held last quarter is still on the filing.
Every reported position, Q2 2026
54 positions, sorted by weight
| Position | Weight ↓ | Value | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
Alphabet Inc CAP STK CL A · CUSIP 02079K305 | 11% | $713m | 1,994,274 | +$104m -123,370 shares | Trimmed |
Taiwan Semiconductor Manufac SPONSORED ADS · CUSIP 874039100 | 8.7% | $560m | 1,172,725 | +$152m -35,694 shares | Trimmed |
Liberty Media Corp Del COM LBTY ONE S C · CUSIP 531229755 | 7.7% | $497m | 5,223,453 | +$42m -133,715 shares | Trimmed |
Schwab Charles Corp COM · CUSIP 808513105 | 6.6% | $422m | 4,571,355 | -$21m -143,425 shares | Trimmed |
Capital One Finl Corp COM · CUSIP 14040H105 | 6.1% | $392m | 1,956,084 | +$24m -61,723 shares | Trimmed |
Elevance Health Inc Formerly COM · CUSIP 036752103 | 5.9% | $379m | 979,598 | -$28m -408,370 shares | Trimmed |
Icon Pub LTD Co SHS · CUSIP G4705A100 | 5.5% | $356m | 2,048,087 | +$175m +413,476 shares | Added |
Alphabet Inc CAP STK CL C · CUSIP 02079K107 | 5.1% | $327m | 924,866 | +$54m -25,528 shares | Trimmed |
Sunbelt Rentals Holdings Inc (SUNB) SHS · CUSIP 866966104 | 5.0% | $319m | 4,261,163 | -$39m -1,227,098 shares | Trimmed |
Intercontinental Exchange In COM · CUSIP 45866F104 | 4.9% | $315m | 2,560,747 | -$100m -78,625 shares | Trimmed |
Msa Safety Inc COM · CUSIP 553498106 | 4.7% | $301m | 1,721,415 | +$9.3m -54,867 shares | Trimmed |
Unitedhealth Group Inc (UNH) COM · CUSIP 91324P102 | 4.6% | $293m | 705,554 | +$96m -22,853 shares | Trimmed |
Bio-techne Corp (TECH) COM · CUSIP 09073M104 | 3.7% | $237m | 3,348,841 | +$59m -43,160 shares | Trimmed |
Roper Technologies Inc (ROP) COM · CUSIP 776696106 | 3.6% | $228m | 674,902 | No earlier filing | New |
Align Technology Inc (ALGN) COM · CUSIP 016255101 | 3.1% | $198m | 1,171,455 | -$9.3m -35,080 shares | Trimmed |
SAP Se SPON ADR · CUSIP 803054204 | 3.0% | $191m | 1,236,546 | +$62m +486,637 shares | Added |
Zoetis Inc (ZTS) CL A · CUSIP 98978V103 | 2.6% | $169m | 2,353,300 | -$118m -71,710 shares | Trimmed |
Berkshire Hathaway Inc Del CL B NEW · CUSIP 084670702 | 2.3% | $151m | 300,672 | +$1.7m -9,716 shares | Trimmed |
Accenture PLC Ireland SHS CLASS A · CUSIP G1151C101 | 1.7% | $112m | 901,848 | -$72m -26,356 shares | Trimmed |
Meta Platforms Inc (META) CL A · CUSIP 30303M102 | 1.4% | $87m | 154,291 | -$28m -46,856 shares | Trimmed |
Berkshire Hathaway Inc Del CL A · CUSIP 084670108 | 1.2% | $77m | 103 | -$1.9m -7 shares | Trimmed |
Liberty Media Corp Del COM LBTY ONE S A · CUSIP 531229771 | 0.9% | $61m | 695,720 | +$4.4m -28,122 shares | Trimmed |
Amentum Holdings Inc (AMTM) COM · CUSIP 023939101 | 0.2% | $11m | 537,213 | -$31m -1,085,769 shares | Trimmed |
Liberty Broadband Corp COM SER C · CUSIP 530307305 | 0.2% | $10m | 303,309 | -$48m -860,139 shares | Trimmed |
Credit Accep Corp Mich COM · CUSIP 225310101 | 0.1% | $3.4m | 5,279 | -$59m -140,924 shares | Trimmed |
Micron Technology Inc (MU) COM · CUSIP 595112103 | 0.0% | $2.5m | 2,162 | +$1.8m 0 shares | Held |
Liberty Broadband Corp COM SER A · CUSIP 530307107 | 0.0% | $2.5m | 73,945 | -$8.8m -149,815 shares | Trimmed |
Liberty Cap Corp SER C GCI GROUP · CUSIP 36164V800 | 0.0% | $2.5m | 114,119 | No earlier filing | New |
Equitable HLDGS Inc COM · CUSIP 29452E101 | 0.0% | $1.8m | 40,310 | +$300k -149 shares | Trimmed |
Group 1 Automotive Inc (GPI) COM · CUSIP 398905109 | 0.0% | $1.4m | 4,884 | +$100k +871 shares | Added |
Vanguard Index FDS TOTAL STK MKT · CUSIP 922908769 | 0.0% | $1.1m | 2,973 | +$200k +225 shares | Added |
Lithia MTRS Inc COM · CUSIP 536797103 | 0.0% | $900k | 2,933 | +$100k -55 shares | Trimmed |
Jacobs Solutions Inc (J) COM · CUSIP 46982L108 | 0.0% | $800k | 6,244 | unchanged -44 shares | Trimmed |
Liberty Cap Corp SER A GCI GROUP · CUSIP 36164V602 | 0.0% | $600k | 28,162 | No earlier filing | New |
Netflix Inc. (NFLX) COM · CUSIP 64110L106 | 0.0% | $600k | 8,091 | -$200k 0 shares | Held |
Vanguard Star FDS VG TL INTL STK F · CUSIP 921909768 | 0.0% | $500k | 6,420 | +$100k +508 shares | Added |
Globus Med Inc CL A · CUSIP 379577208 | 0.0% | $500k | 6,008 | unchanged 0 shares | Held |
Smith Douglas Homes Corp (SDHC) COM SHS CL A · CUSIP 83207R107 | 0.0% | $400k | 27,275 | +$200k +12,785 shares | Added |
Copa Holdings SA CL A · CUSIP P31076105 | 0.0% | $400k | 2,555 | +$100k 0 shares | Held |
Kaspi KZ JSC SPONSORED ADS · CUSIP 48581R205 | 0.0% | $300k | 3,934 | unchanged -149 shares | Trimmed |
American Express Co (AXP) COM · CUSIP 025816109 | 0.0% | $300k | 932 | unchanged 0 shares | Held |
Apple Inc (AAPL) COM · CUSIP 037833100 | 0.0% | $300k | 961 | unchanged 0 shares | Held |
Microsoft Corp (MSFT) COM · CUSIP 594918104 | 0.0% | $300k | 737 | unchanged 0 shares | Held |
Sinclair Inc (SBGI) CL A · CUSIP 829242106 | 0.0% | $300k | 17,959 | unchanged 0 shares | Held |
Dollar Gen Corp COM · CUSIP 256677105 | 0.0% | $300k | 2,188 | unchanged 0 shares | Held |
Ferguson Enterprises Inc COMMON STOCK NEW · CUSIP 31488V107 | 0.0% | $200k | 1,000 | unchanged 0 shares | Held |
Vanguard Intl Equity Index F TT WRLD ST ETF · CUSIP 922042742 | 0.0% | $200k | 1,426 | No earlier filing | New |
Ataibeckley Inc (ATAI) COM SHS · CUSIP 04650F101 | 0.0% | $200k | 42,112 | +$100k 0 shares | Held |
Charter Communications Inc CL A · CUSIP 16119P108 | 0.0% | $200k | 1,556 | -$33m -151,007 shares | Trimmed |
Hilton Grand Vacations Inc (HGV) COM · CUSIP 43283X105 | 0.0% | $200k | 4,189 | No earlier filing | New |
S&P Global Inc (SPGI) COM · CUSIP 78409V104 | 0.0% | $200k | 531 | unchanged 0 shares | Held |
Bank of Amer Corp COM · CUSIP 060505104 | 0.0% | $200k | 3,625 | No earlier filing | New |
Stellantis N.v (STLA) SHS · CUSIP N82405106 | 0.0% | $100k | 25,075 | unchanged 0 shares | Held |
Rimini STR Inc Del COM · CUSIP 76674Q107 | 0.0% | $100k | 33,666 | unchanged -1,599 shares | Trimmed |
Every filing on file
| Quarter | Period end | Filed | Book | Positions | Top 10 | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | 30 Jun 2026 | 14 Aug 2026 | $6.4bn | 54 | 67% | 13F-HR |
| Q1 2026 | 31 Mar 2026 | 15 May 2026 | $6.0bn | 50 | 67% | 13F-HR |
| Q4 2025 | 31 Dec 2025 | 13 Feb 2026 | $6.4bn | 48 | 72% | 13F-HR |
| Q3 2025 | 30 Sept 2025 | 14 Nov 2025 | $6.0bn | 47 | 75% | 13F-HR |
| Q2 2025 | 30 Jun 2025 | 14 Aug 2025 | $5.8bn | 43 | 73% | 13F-HR |
| Q1 2025 | 31 Mar 2025 | 15 May 2025 | $5.5bn | 38 | 75% | 13F-HR |
| Q4 2024 | 31 Dec 2024 | 14 Feb 2025 | $5.9bn | 39 | 76% | 13F-HR |
| Q3 2024 | 30 Sept 2024 | 14 Nov 2024 | $6.4bn | 37 | 76% | 13F-HR |
Taking this into the room
Pick one name from the top of the book and one from the new positions, and know both properly: what the company earns, what it is priced at, and what has to be true for the position to work. That is a conversation. Reciting the whole table is not, and the interviewer wrote it.
A position sold out of is worth as much preparation as one opened. Ask what changed rather than asserting the fund was wrong, and be ready for the answer that the thesis played out and the money went somewhere better.
What this filing leaves out
A 13F covers US-listed long equity at one moment in time. Shorts, bonds, cash, private positions and non-US listings never appear, and options are reported in a form that will mislead you if you read them as a position. A long/short manager showing $8bn here may run a book several times that size.
The lag matters too. Positions are as at the quarter end and the filing arrives up to forty-five days later, so what you are reading is at least six weeks old and possibly four months. Phrase it as what the filing showed, not what the fund holds today.
Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More