This article is part of a series that provides an ongoing analysis of the changes made to Ruane, Cunniff & Goldfarb’s 13F portfolio on a quarterly basis. It is based on their regulatory 13F Form filed on 08/14/2020. Please visit our Tracking Ruane, Cunniff, & Goldfarb’s Portfolio article for an idea on their investment philosophy and our previous update for the moves during Q1 2020.
This quarter Ruane, Cunniff, & Goldfarb’s 13F portfolio value increased ~20% from $6.24B to $7.46B. The number of holdings decreased from 38 to 37. 18 of those stakes are significantly