N-PORT filing recap · December 2020

What did Sequoia Fund buy in December 2020?

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

Stock value

$4.24B

Positions

Estimated turnover

26.7%

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$189.43Mreported value+2.26M shares NFLXNetflix, Inc.$134.50Mreported value+248.7K shares

Increased positions

CACCCredit Acceptance Corp$192.40Mreported value+118.7K shares+27.2%RRRolls-Royce Holdings Plc$120.35Mreported value+60.85M shares+333.3%A2MThe A2 Milk Co Ltd$107.54Mreported value+1.77M shares+17.0%

Reduced positions

METAMeta Platforms, Inc.$214.47Mreported value-27.1K shares-3.3%CSUConstellation Software Inc.$186.55Mreported value-34.5K shares-19.4%VIVVivendi SE$173.48Mreported value-648.6K shares-10.8%SCHWSchwab Charles Corp$173.21Mreported value-227.3K shares

Exited positions

ERFEurofins Scientific SE$184.17Mprior reported value-232.6K shares-100.0%MROMelrose Industries Plc$55.26Mprior reported value-37.08M shares-100.0%