N-PORT filing recap · December 2019

What did Sequoia Fund buy in December 2019?

Reported stock-position changes between this filing and the previous one.

Stock value

$3.82B

Positions

Estimated turnover

21.7%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

ERFEurofins Scientific SE$128.85Mreported value+232.4K shares ANETArista Networks, Inc.$127.58Mreported value+627.2K shares

Increased positions

PRXProsus N.v.$132.31Mreported value+1.20M shares+210.1%WWayfair Inc.$131.68Mreported value+415.5K shares+39.9%BRK.BBerkshire Hathaway Inc$127.03Mreported value+67.3K shares+13.6%

Reduced positions

GOOGAlphabet Inc.$287.10Mreported value-13.8K shares-6.1%KMXCarmax, Inc.$248.60Mreported value-724.1K shares-20.3%BRK.ABerkshire Hathaway Inc$202.74Mreported value-158 shares-20.9%JJacobs Solutions Inc.$182.30Mreported value-92.2K shares

Exited positions

NPNNaspers Limited$86.63Mprior reported value-571.6K shares-100.0%MHKMohawk Industries, Inc.$63.59Mprior reported value-512.6K shares-100.0%