N-PORT filing recap · December 2021

What did Sequoia Fund buy in December 2021?

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

Stock value

$4.86B

Positions

Estimated turnover

8.0%

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

WWayfair Inc.$205.05Mreported value+246.6K shares+29.6%BRK.BBerkshire Hathaway Inc$45.93Mreported value+57.5K shares+59.8%

Reduced positions

UNHUnitedHealth Group Incorporated$328.53Mreported value-18.8K shares-2.8%KMXCarmax, Inc.$309.35Mreported value-132.8K shares-5.3%METAMeta Platforms, Inc.$307.52Mreported value-53.0K shares-5.5%TSMTaiwan Semiconductor Manufacturing$294.11Mreported value-39.6K shares

Exited positions

BRK.ABerkshire Hathaway Inc$52.66Mprior reported value-128 shares-100.0%