N-PORT filing recap · June 2021

What did Sequoia Fund buy in June 2021?

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

Stock value

$4.78B

Positions

Estimated turnover

12.0%

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.

Increased positions

UNHUnitedHealth Group Incorporated$269.52Mreported value+14.8K shares+2.2%ELVElevance Health, Inc.$246.66Mreported value+236.1K shares+57.6%MUMicron Technology, Inc.$243.88Mreported value+1.01M shares+54.2%NFLXNetflix, Inc.$148.69Mreported value+32.8K shares+13.2%

Reduced positions

SCHWSchwab Charles Corp$222.75Mreported value-206.3K shares-6.3%CSUConstellation Software Inc.$196.35Mreported value-14.0K shares-9.8%ERFEurofins Scientific SE$180.46Mreported value-299.4K shares-15.9%JJacobs Solutions Inc.$142.16Mreported value-314.4K shares

Exited positions

MAMastercard Inc$87.10Mprior reported value-244.6K shares-100.0%A2MThe A2 Milk Co Ltd$58.14Mprior reported value-9.78M shares-100.0%