Home Business Ruane, Cunniff & Goldfarb Purchase J.C. Penney, Apollo and Apache

Ruane, Cunniff & Goldfarb Purchase J.C. Penney, Apollo and Apache

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The third quarter 13F filing from Ruane, Cunnif & Goldfarb shows that the famous value oriented firm sold out of four stocks and reduced its holdings in 67 others. The firm also purchased 15 new stocks and increased its position in six other stocks.

The major holdings in the fund include Valeant Pharmaceuticals Intl Inc (NYSE:VRX) (TSE:VRX), Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE: BRK.B), The TJX Companies, Inc. (NYSE:TJX), Fastenal Company (NASDAQ:FAST) and Mohawk Industries, Inc. (NYSE:MHK).

Adds And Increases

The firm purchased shares of Apache Corporation (NYSE:APA), Apollo Group Inc (NASDAQ:APOL) and J.C. Penney Company, Inc. (NYSE:JCP) during the third quarter and increased its holdings in The Coca-Cola Company (NYSE:KO).

Sell-Offs And Reductions

The firm’s major sell-offs include Duke Energy Corp (NYSE:DUK), athenahealth, Inc (NASDAQ:ATHN) and C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW).

It also decreased its holdings in The McGraw-Hill Companies, Inc. (NYSE:MHP) and Google Inc (NASDAQ:GOOG).

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