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Ruane, Cunniff & Goldfarb

Sequoia Fund

Sequoia Fund Capital One Financial Corp stake

total: 59

Sequoia Fund COF trades

Total transactions:
6
New positions:
1
Added:
1
Reduced:
4
Held since:
2022 Q3
Held for:
15 quarters
Latest activity:
2025 Q4
According to 2026 Q1 report, Sequoia Fund holds 826,743 Capital One Financial Corp (COF) shares with a market value of roughly $150.82M accounting for 4.65% of the overall portfolio. To date, the estimated cost basis is nearly $95.25 for "buy" trades and estimated average "sell" price is $160.36. Sequoia Fund first purchased COF in 2022 Q3, initially acquiring 997,857 shares. Since the initial investment in Capital One Financial Corp (COF), Sequoia Fund has made 5 more transactions.

How many COF shares does Sequoia Fund currently hold?

According to 2026 Q1 report, Sequoia Fund holds 826,743 shares of Capital One Financial Corp (COF), valued at around $150.82M.

When did Sequoia Fund buy Capital One Financial Corp (COF)?

Sequoia Fund first invested in Capital One Financial Corp (COF) in 2022 Q3 at the reported quarter-end price of $92.17 per share.

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

The estimated cost basis for Capital One Financial Corp (COF) stake is around $95.25 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$95.25
Weighted AVG sell price:
$160.36

Sequoia Fund's historical trades in Capital One Financial Corp

6 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2025 Q4
5.50%
826,743
$242.36
$200,369,433
-0.16% (-1,321)
-0.01%
2024 Q4
4.56%
828,064
$178.32
$147,660,372
-19.87% (-205,275)
-1.03%
2024 Q1
4.63%
1,033,339
$148.89
$153,853,844
-12.63% (-149,322)
-0.71%
2023 Q3
4.03%
1,182,661
$97.05
$114,777,250
-2.70% (-32,864)
-0.11%
2023 Q2
4.47%
1,215,525
$109.37
$132,941,969
+21.81% (+217,668)
+0.8%
2022 Q3
3.25%
997,857
$92.17
$91,972,480
new
+3.25%
* 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.