N-PORT filing recap · December 2022

What did Sequoia Fund buy in December 2022?

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

Stock value

$2.91B

Positions

Estimated turnover

9.0%

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

ERFEurofins Scientific SE$183.35Mreported value+630.9K shares+32.8%

Reduced positions

UNHUnitedHealth Group Incorporated$204.58Mreported value-79.3K shares-17.1%FWONKLiberty Media Corporation$203.26Mreported value-218.4K shares-6.0%GOOGLAlphabet Inc.$174.15Mreported value-27.0K shares-1.3%ELVElevance Health, Inc.$151.67Mreported value-36.9K shares

Exited positions

WWayfair Inc.$55.45Mprior reported value-1.70M shares-100.0%GOOGAlphabet Inc.$1.04Mprior reported value-10.8K shares-100.0%