Overview
- Ruane, Cunniff’s Sequoia Strategy returned 9% in Q4 2025 versus 2.7% for the S&P 500 and 21.9% for the year versus 17.9% for the index.
- The fund disclosed notable 2025 additions of Accenture, MSA Safety, and Align Technology as it rebalanced a concentrated portfolio.
- Alphabet remained a core holding despite antitrust scrutiny and generative‑AI competition, and it was cited as a key contributor to recent results.
- Accenture was added for its leadership in IT services and scale of nearly 800,000 employees and over $70 billion in revenues, with shares at $240.60 on Feb. 6 after a 37.81% 52‑week decline.
- Market snapshots underscored divergence, with Alphabet at $323.10 and up 72.32% over 52 weeks, while Align closed at $187.60 with a $13.60 billion market cap and MSA at $193.07 after an 11.17% one‑month gain.