Ruane, Cunniff & Goldfarb L.P.

Long Only Manager • Value

Ruane, Cunniff & Goldfarb L.P. is a Value-focused institution based in New York, NY led by John Brooks Harris, reporting $9.4B in AUM as of Q3 2025 with 34% Financial Services concentration and 75% concentrated in top 10 holdings.

Managing PartnerJohn Brooks Harris

Portfolio Value: $6.0B
Positions: 47
Top Holding: SCHW at 9.99%
Last Reported: Q3 2025

Address45 Rockefeller Plaza, 34th Floor, New York, NY, 10111, United States

Top Holdings

Largest long holdings in Ruane, Cunniff & Goldfarb L.P.'s portfolio (75.5% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Charles Schwab Corporation SCHW	Financial - Capital Markets Financial Services	$602.9M	9.99%	-$27.0M Sold	0.35% 6.3M shares	Q1 2018 Held for 7y 8m
2 Liberty Media Corporation FWONK	Entertainment Communication Services	$581.7M	9.64%	-$4.4M Sold	2.23% 5.6M shares	Q1 2018 Held for 7y 8m
3 Alphabet Inc. GOOGL	Internet Content & Information Communication Services	$572.9M	9.49%	-$2.3M Sold	0.02% 2.4M shares	Q1 2018 Held for 7y 8m
4 Taiwan Semiconductor Manufacturing Company TSM	Semiconductors Technology	$525.5M	8.71%	-$10.0M Sold	— 1.9M shares	Q4 2022 Held for 2y 11m
5 Elevance Health ELV	Medical - Healthcare Plans Healthcare	$468.0M	7.75%	+$113.9M Bought	0.64% 1.4M shares	Q1 2021 Held for 4y 8m
6 Intercontinental Exchange ICE	Financial - Data & Stock Exchanges Financial Services	$462.2M	7.66%	-$4.3M Sold	0.48% 2.7M shares	Q3 2020 Held for 5y 2m
7 Capital One Financial COF	Financial - Credit Services Financial Services	$446.0M	7.39%	-$4.0M Sold	0.33% 2.1M shares	Q3 2022 Held for 3y 2m
8 Alphabet Inc. GOOG	Internet Content & Information Communication Services	$305.6M	5.06%	-$7.7M Sold	0.01% 1.3M shares	Q1 2018 Held for 7y 8m
9 Icon ICLR	Medical - Diagnostics & Research Healthcare	$297.7M	4.93%	-$1.3M Sold	2.19% 1.7M shares	Q4 2024 Held for 11 months
10 Mine Safety Appliances Company MSA	Security & Protection Services Industrials	$293.4M	4.86%	+$130.1M Bought	4.36% 1.7M shares	Q2 2025 Held for 5 months

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Ruane, Cunniff & Goldfarb L.P.'s latest filing

See all changes

GthenC

Market Value

$6.0B

Prior: $5.8B

Q/Q Change

+3.48%

+$202.8M

Net Flows % of MV

+0.02%

Turnover Ratio

4.48%

New Purchases

6 stocks

$32.0M

Added To

8 stocks

+$317.8M

Sold Out Of

3 stocks

$3.1M

Reduced Holdings

22 stocks

-$345.5M

Increased Positions

Position	Shares Δ	Change
1 GCI Liberty, Inc. Series C GCI Group Common Stock GLIBK	New	0 → 374.7K +$14.0M
2 SAP SAP SAP	New	0 → 46.0K +$12.3M
3 GLIBA GCI Liberty, Inc. GLIBA	New	0 → 133.2K +$5.0M
4 KSPI Kaspi.kz KSPI	New	0 → 3.7K +$303.2K
5 Blackrock BLK	New	0 → 186.0 +$216.9K

Decreased Positions

Position	Shares Δ	Change
1 Expeditors International of Washington EXPD	Sold	21.9K → 0 −$2.5M
2 Vanguard S&P 500 ETF VOO	Sold	682.0 → 0 −$387.4K
3 Republic Services RSG	Sold	817.0 → 0 −$201.5K
4 Jacobs Solutions J	-99.13%	1.1M → 9.3K −$159.3M
5 Meta Platforms, Inc. META	-38.62%	397.6K → 244.0K −$112.8M