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 02/14/2018. 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 Q3 2017.
This quarter, Ruane, Cunniff, & Goldfarb’s 13F portfolio value increased ~7% from $11.42B to $12.20B. The number of holdings decreased from 69 to 66. 30 of those stakes are significantly