N-PORT filing recap · March 2021

What did Sequoia Fund buy in March 2021?

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

Stock value

$4.61B

Positions

Estimated turnover

16.5%

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

MUMicron Technology, Inc.$164.16Mreported value+1.86M shares ELVElevance Health, Inc.$147.14Mreported value+409.9K shares

Increased positions

METAMeta Platforms, Inc.$261.05Mreported value+101.2K shares+12.9%CACCCredit Acceptance Corp$205.04Mreported value+13.4K shares+2.4%LBRDKLiberty Broadband Corporation$134.21Mreported value+250.7K shares+39.0%

Reduced positions

TSMTaiwan Semiconductor Manufacturing$245.31Mreported value-361.0K shares-14.8%ERFEurofins Scientific SE$179.53Mreported value-381.2K shares-16.9%ANETArista Networks, Inc.$151.71Mreported value-208.8K shares-29.3%WWayfair Inc.$143.69Mreported value-158.1K shares