# EDGAR Filing Document

**Accession Number:** 0000089043
**File Stem:** 0001752724-25-202672
**Filing Date:** 2025-8
**Character Count:** 12177
**Document Hash:** 095ba70d760b79c014fbf5f43864f195
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-202672.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001752724-25-202672

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SEQUOIA FUND INC
- **CENTRAL INDEX KEY:** 0000089043

**ORGANIZATION NAME:**
- **EIN:** 132663968
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01976
- **FILM NUMBER:** 251250928

**BUSINESS ADDRESS:**
- **STREET 1:** 45 ROCKEFELLER PLAZA
- **STREET 2:** 34TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10111
- **BUSINESS PHONE:** 2128325280

**MAIL ADDRESS:**
- **STREET 1:** 45 ROCKEFELLER PLAZA
- **STREET 2:** 34TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CIMARRON FUND INC
- **DATE OF NAME CHANGE:** 19700625

## Series and Classes Contracts Data

### SEQUOIA FUND INC (Series ID: S000012155)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000033159 | SEQUOIA FUND INC | SEQUX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Sequoia Fund Inc

- **b. Investment Company Act file number:** 811-01976

- **c. CIK number of Registrant:** 0000089043

- **d. LEI of Registrant:** 54930012J5D0G125X006

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 45 Rockefeller Plaza

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10111

  - **Telephone number:** 800-686-6884

**Item A.2. Information about the Series.**

- **a. Name of Series:** Sequoia Fund Inc

- **b. EDGAR series identifier (if any):** S000012155

- **c. LEI of Series:** 54930012J5D0G125X006

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $3900764495.11

**Total Liabilities:** $3395867.23

**Net Assets:** $3897368627.88

**Assets Attributable to Miscellaneous Securities:** $61709277.28

**Cash Not Reported:** $66514376.97

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000033159 | 2.21%                | 5.13%                | 6.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $11213068.10             | $62319373.91                               |
| Month 2  | $245883.11               | $177729453.16                              |
| Month 3  | $12355649.89             | $221519289.66                              |

### Schedule of Portfolio Investments

| Name                           | Title                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Elevance Health Inc            | Elevance Health Inc                       | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |    418967 | NS      | $162961404.32 | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ICON PLC                       | ICON PLC                                  | CUSIP: 000000000<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |    630488 | NS      | $91704479.60  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARLES SCHWAB CORP/THE        | SCHWAB (CHARLES) CORP                     | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   2532139 | NS      | $231032362.36 | 5.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software Inc/Can | Constellation Software Inc/Canada         | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |     83113 | NS      | $304754787.30 | 7.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Rolls-Royce Holdings PLC       | Rolls-Royce Holdings PLC                  | CUSIP: 775781206<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |   1150000 | NS      | $15387000.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurofins Scientific SE         | Eurofins Scientific SE                    | CUSIP: 000000000<br>LEI: 529900JEHFM47DYY3S57 | Long             | EC               | CORP              | LU        |   2926063 | NS      | $208321927.25 | 5.35%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    696985 | NS      | $157860132.65 | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FACEBOOK INC                   | FACEBOOK INC-A                            | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    196838 | NS      | $145284159.42 | 3.73%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY BROADBAND CORP         | LIBERTY BROADBAND-C                       | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |    583728 | NS      | $57427160.64  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                         | SAP SE                                    | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |    575172 | NS      | $174902783.79 | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT ACCEPTANCE CORP         | CREDIT ACCEPTANCE CORP                    | CUSIP: 225310101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    220127 | NS      | $112139297.61 | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings Inc           | Amentum Holdings Inc                      | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |   1014578 | NS      | $23954186.58  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashtead Group PLC              | Ashtead Group PLC                         | CUSIP: 000000000<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | GB        |   2182681 | NS      | $139885904.82 | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY BROADBAND CORP         | LIBERTY BROADBAND-A                       | CUSIP: 530307107<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |    340760 | NS      | $33333143.20  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group Inc                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    277444 | NS      | $86554204.68  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc     | Charter Communications Inc                | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |    146487 | NS      | $59885350.47  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE INC     | Constellation Software Inc/Canada         | CUSIP: 21037X134<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |     99398 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Universal Music Group NV       | Universal Music Group NV                  | CUSIP: 000000000<br>LEI: 724500GJBUL3D9TW9Y18 | Long             | EC               | CORP              | NL        |   8699174 | NS      | $281592836.53 | 7.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                   | ALPHABET INC-CL A                         | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   1155584 | NS      | $203648568.32 | 5.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc           | Jacobs Solutions Inc                      | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    361872 | NS      | $47568074.40  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For | Liberty Media Corp-Liberty Formula One    | CUSIP: 531229771<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42268 | NS      | $4013769.28   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC         | BERKSHIRE HATHAWAY INC-CL B               | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     78394 | NS      | $38081453.38  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc  | Intercontinental Exchange Inc             | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |   1017373 | NS      | $186657424.31 | 4.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For | Liberty Media Corp-Liberty Formula One    | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2743813 | NS      | $286728458.50 | 7.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Rolls-Royce Holdings PLC       | Rolls-Royce Holdings PLC                  | CUSIP: 000000000<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |  40741727 | NS      | $541121897.04 | 13.88%            |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financial Corp                | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    828064 | NS      | $176178896.64 | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** Sequoia Fund Inc

**Signature:** Patrick Dennis

**Name of Signer:** Patrick Dennis

**Title:** Treasurer