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For the second quarter of 2024, Sequoia Fund generated a total return of 2.56%1 net of fees.
For the YTD through June 30, Sequoia Fund generated a total return of 12.81% net of fees.
There was little activity in the portfolio this past quarter.
Dear Sequoia Fund Shareholders:
For the second quarter of 2024, Sequoia Fund generated a total return of 2.56% 1 net of fees, versus 4.28% for the Standard and Poor's 500 Index ( SP500 , SPX ). For the year to date through June 30, Sequoia Fund generated a total return of 12.81% net of fees, versus 15.29% for the Index....