SEQUX: Sequoia

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SEQUX Sequoia


Profile

SEQUX - Profile

Vitals

  • YTD Return 4.2%
  • 3 Yr Annualized Return -0.6%
  • 5 Yr Annualized Return -7.3%
  • Net Assets $3.98 B
  • Holdings in Top 10 51.2%

52 WEEK LOW AND HIGH

$163.83
$138.32
$164.98

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.11%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 27.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $5,000
  • IRA $2,500

Fund Classification


Distributions

  • YTD Total Return 4.2%
  • 3 Yr Annualized Total Return -0.6%
  • 5 Yr Annualized Total Return -7.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.42%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Sequoia Fund
  • Fund Family Name
    Sequoia
  • Inception Date
    Jul 15, 1970
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Arman Gokgol-Kline

Fund Description

The Sequoia Fund (SEQUX) is a managed mutual fund that is issued by Sequoia and advised by Ruane, Cunniff & Goldfarb Inc. The fund was launched on July, 15 1970 and was managed by Robert D. Goldfarb since 1998 and David M. Poppe since 2006. The fund has approximately $7.7 billion in assets under management (AUM).

The fund’s primary objective is to provide investors with long term growth and capital. Management of the fund seeks to invest in equity securities that they consider to be undervalued compared to the value of the total enterprise. In addition, the fund’s management seeks investments with reasonable growth potential. The fund’s portfolio includes stocks that are issued in the United States as well as international stocks. The holdings can be any size, but the fund tends to choose companies that are medium sized or larger. The majority of the holdings are in the healthcare, financial services and industrial goods sectors. The fund is not required to be fully invested. Typically, this fund holds about 10-25 holdings at one time. These companies tend to consist of market leading companies that are considered undervalued at the time of purchase.

Management of the fund will tend to sell holdings if they show deteriorating fundamentals, if they missed analysts’ expectations or if their valuation appears to be excessive. This fund is subject to general stock market risks as well as market risk, value investing risk, foreign stock risk, currency risks, small-cap risk and management risks. Investors should also be aware that this fund is non-diversified, which lifts the overall risk of the fund.

The fund requires an initial investment of at least $5,000 for regular accounts and $2,500 for IRA accounts. Each additional investment requires a minimum $500 deposit.


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Categories

Performance

SEQUX - Performance

Return Ranking - Trailing

Period SEQUX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.2% -40.7% 11.1% 6.33%
1 Yr 17.0% -59.8% 80.5% 26.19%
3 Yr -0.6%* -63.0% 40.5% 71.09%
5 Yr -7.3%* -45.4% 32.2% 93.47%
10 Yr 4.1%* -10.5% 31.3% 68.36%

* Annualized

Return Ranking - Calendar

Period SEQUX Return Category Return Low Category Return High Rank in Category (%)
2019 19.0% -58.1% 80.6% 26.54%
2018 -22.0% -100.0% 23.6% 89.57%
2017 5.1% -55.3% 69.8% 59.93%
2016 -22.2% -56.6% 68.2% 99.25%
2015 -11.8% -50.8% 127.1% 70.89%

Total Return Ranking - Trailing

Period SEQUX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.2% -40.7% 11.1% 6.33%
1 Yr 17.0% -59.8% 80.5% 24.66%
3 Yr -0.6%* -36.4% 40.5% 81.34%
5 Yr -7.3%* -34.9% 32.2% 97.62%
10 Yr 4.1%* -10.5% 31.3% 81.79%

* Annualized

Total Return Ranking - Calendar

Period SEQUX Return Category Return Low Category Return High Rank in Category (%)
2019 19.0% -58.1% 80.6% 26.54%
2018 -22.0% -100.0% 23.6% 92.62%
2017 5.1% -55.3% 69.8% 75.68%
2016 -22.2% -56.6% 70.7% 99.25%
2015 -11.8% -50.8% 127.1% 83.99%

NAV & Total Return History


Holdings

SEQUX - Holdings

Concentration Analysis

SEQUX Category Low Category High SEQUX % Rank
Net Assets 3.98 B 263 K 109 B 14.97%
Number of Holdings 28 1 5851 84.16%
Net Assets in Top 10 2.04 B -635 M 29.5 B 14.35%
Weighting of Top 10 51.24% 0.0% 2506.6% 26.91%

Top 10 Holdings

  1. Alphabet Inc Class C 7.21%
  2. CarMax Inc 6.25%
  3. Mastercard Inc A 5.26%
  4. Berkshire Hathaway Inc A 5.09%
  5. Constellation Software Inc 4.87%
  6. Alphabet Inc A 4.84%
  7. Jacobs Engineering Group Inc 4.58%
  8. Credit Acceptance Corp 4.56%
  9. Facebook Inc A 4.32%
  10. Liberty Formula One Group C 4.27%

Asset Allocation

Weighting Return Low Return High SEQUX % Rank
Stocks
95.96% -46.11% 100.11% 12.41%
Other
2.60% -895.56% 18.45% 10.76%
Cash
1.44% -2.18% 1041.68% 89.54%
Preferred Stocks
0.00% -0.68% 24.42% 91.78%
Convertible Bonds
0.00% -0.02% 17.79% 89.99%
Bonds
0.00% -0.68% 38.22% 92.53%

Stock Sector Breakdown

Weighting Return Low Return High SEQUX % Rank
Communication Services
30.59% 0.00% 99.45% 1.23%
Financial Services
25.73% 0.00% 100.00% 13.48%
Consumer Cyclical
16.45% 0.00% 57.06% 12.71%
Industrials
12.05% 0.00% 73.35% 42.73%
Technology
8.72% 0.00% 99.85% 74.89%
Healthcare
3.49% 0.00% 100.00% 83.46%
Consumer Defense
2.98% 0.00% 69.28% 72.59%
Utilities
0.00% 0.00% 99.02% 95.87%
Real Estate
0.00% 0.00% 96.40% 98.16%
Energy
0.00% 0.00% 99.88% 98.62%
Basic Materials
0.00% 0.00% 51.00% 98.93%

Stock Geographic Breakdown

Weighting Return Low Return High SEQUX % Rank
US
71.93% -19.32% 92.02% 47.53%
Non US
24.03% -48.75% 62.12% 1.49%

Expenses

SEQUX - Expenses

Operational Fees

SEQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.11% 0.04% 13.20% 73.36%
Management Fee 1.00% 0.00% 2.94% 71.11%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.12% N/A

Sales Fees

SEQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SEQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SEQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 0.00% 5067.00% 28.68%

Distributions

SEQUX - Distributions

Dividend Yield Analysis

SEQUX Category Low Category High SEQUX % Rank
Dividend Yield 0.00% 0.00% 11.63% 91.93%

Dividend Distribution Analysis

SEQUX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

SEQUX Category Low Category High SEQUX % Rank
Net Income Ratio -0.42% -8.87% 4.32% 80.34%

Capital Gain Distribution Analysis

SEQUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

SEQUX - Fund Manager Analysis

Managers

Arman Gokgol-Kline


Start Date

Tenure

Tenure Rank

May 18, 2016

3.62

3.6%

Analyst of Ruane, Cunniff & Goldfarb

David Sheridan


Start Date

Tenure

Tenure Rank

May 18, 2016

3.62

3.6%

Analyst of Ruane, Cunniff & Goldfarb

John Harris


Start Date

Tenure

Tenure Rank

May 18, 2016

3.62

3.6%

Managing Director of Ruane, Cunniff  & Goldfarb L.P.; Management Committee member of RCG-GP LLC

Trevor Magyar


Start Date

Tenure

Tenure Rank

May 18, 2016

3.62

3.6%

Analyst of Ruane, Cunniff & Goldfarb

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 41.02 8.12 6.25