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Ruane, Cunniff & Goldfarb

Sequoia Fund

Sequoia Fund Credit Acceptance Corp stake

total: 59

Sequoia Fund CACC trades

Total transactions:
17
New positions:
1
Sold out:
1
Added:
5
Reduced:
10
Held since:
2019 Q3
Held for:
27 quarters
Latest activity:
2026 Q2
According to 2026 Q2 report, Sequoia Fund doesn't hold any Credit Acceptance Corp (CACC) shares. To date, the estimated cost basis is nearly $429.09 for "buy" trades and estimated average "sell" price is $536.1. Sequoia Fund first purchased CACC in 2019 Q3, initially acquiring 410,229 shares. Since the initial investment in Credit Acceptance Corp (CACC), Sequoia Fund has made 16 more transactions.

When did Sequoia Fund sell Credit Acceptance Corp (CACC)?

Sequoia Fund sold off the entire Credit Acceptance Corp (CACC) position in 2026 Q2.

When did Sequoia Fund buy Credit Acceptance Corp (CACC)?

Sequoia Fund first invested in Credit Acceptance Corp (CACC) in 2019 Q3 at the reported quarter-end price of $461.31 per share.

What's the cost basis of Sequoia Fund's CACC stake?

The estimated cost basis for Credit Acceptance Corp (CACC) stake is around $429.09 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$429.09
Weighted AVG sell price:
$536.10

Sequoia Fund's historical trades in Credit Acceptance Corp

17 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2026 Q2
0.00%
0
$423.46
-100% (-71,252)
-0.93%
2026 Q1
0.93%
71,252
$423.46
$30,172,372
-65.37% (-134,498)
-1.56%
2025 Q4
2.51%
205,750
$443.46
$91,241,895
-5.82% (-12,712)
-0.15%
2025 Q3
2.77%
218,462
$466.93
$102,006,462
-0.76% (-1,665)
-0.02%
2025 Q2
2.97%
220,127
$509.43
$112,139,298
-16.41% (-43,201)
-0.67%
2024 Q4
3.82%
263,328
$469.46
$123,621,963
-0.09% (-233)
-0%
2024 Q3
3.30%
263,561
$443.42
$116,868,219
-9.17% (-26,620)
-0.35%
2023 Q3
4.69%
290,181
$460.12
$133,518,082
-2.70% (-8,063)
-0.12%
2022 Q1
4.07%
298,244
$550.37
$164,144,550
-2.80% (-8,584)
-0.1%
2021 Q4
4.35%
306,828
$687.68
$210,999,479
-33.30% (-153,195)
-2.21%
2021 Q3
5.66%
$585.30
-19.18% (-109,179)
2021 Q1
4.45%
$360.23
+2.41% (+13,370)
2020 Q4
4.53%
$346.14
+27.16% (+118,708)
2020 Q3
3.80%
$338.64
+2.53% (+10,804)
2020 Q2
5.03%
$419.01
+1.93% (+8,080)
2020 Q1
3.68%
$255.69
+1.95% (+8,011)
2019 Q3
5.10%
$461.31
new
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.