

The $6.6 billion actively-managed ETF, which Ruane Cunniff believes is among the largest actively-managed ETF launches to date, unites Sequoia Fund and the majority of Ruane Cunniff's taxable separate accounts in a single portfolio NEW YORK, Oct. 19, 2026 /PRNewswire/ -- Ruane Cunniff LP, the New York-based investment firm that has managed the Sequoia Fund mutual fund for over 56 years, today announced the launch of Sequoia ETF (NYSE: SEQ), a milestone in the firm's history. Sequoia ETF is the successor to Sequoia Fund, merging the legacy mutual fund and the majority of the firm's taxable separate accounts in a single ETF portfolio of approximately $6.6 billion.
Ruane, Cunniff, & Goldfarb’s 13F portfolio value decreased from $8.09B to $6.24B this quarter. The number of positions decreased from 40 to 38. They increased C