Ruane, Cunniff & Goldfarb

Name

Ruane, Cunniff & Goldfarb

Legal name

Ruane Cunniff LP

Website

https://ruanecunniff.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

Portfolio Management and Investment Advice (52394), Open-End Investment Funds (52591), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)

akta.pro secondary industries

Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

Keywords

• Investment advisory services
• Equity portfolio management
• Value investing strategies
• Separately managed accounts
• Mutual fund management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Advisory Fees: The firm earns investment advisory fees at an annual rate of 1% applied monthly on assets under management. This is the primary revenue stream from separately managed accounts and fund management. Fees are calculated on total account value and cover investment advisory services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Ruane Cunniff LP is a registered investment adviser that manages concentrated, long-only, value-oriented equity investment strategies on behalf of qualified purchasers, accredited investors, and institutional clients. The firm offers the flagship Sequoia strategy through multiple vehicles including the Sequoia Fund mutual fund, separately managed accounts (SMAs), and an upcoming actively-managed ETF, alongside related strategies such as Acacia, Hyperion, Poplar, Wishbone, and Willow.

Product overview

Ruane Cunniff LP offers a unified investment management platform built around its flagship Sequoia strategy, which is available through three distinct delivery mechanisms: the Sequoia Fund (mutual fund), Sequoia Strategy SMA (separately managed account), and the upcoming Sequoia ETF (exchange-traded fund). The firm also manages four related strategies—Acacia, Hyperion, Poplar, Wishbone, and Willow—each managed by affiliated SEC-registered investment advisers (Conifer Management, Hyperion Capital Advisors, and Wishbone Management) that share resources, research, and back-office architecture with Ruane Cunniff. These strategies collectively represent multiple expressions of the firm's long-term, value-oriented investment philosophy across different geographies, market caps, and risk/return profiles.

Differentiator

Problem solved

Functional benefit

Brands

• Sequoia Strategy: Concentrated, long-only, value-oriented equity strategy focused on domestic mid- and large-cap companies, available as SMA and mutual fund.
• Sequoia Fund
• Acacia
• Hyperion
• Poplar
• Wishbone
• Willow

Products and services

• Sequoia Fund A registered open-end investment company (mutual fund) implementing the Sequoia investment strategy, focusing on concentrated, long-only, value-oriented equity investments in domestic mid- and large-cap companies. Available to shareholders through intermediaries or direct accounts.
• Sequoia Strategy SMA Separately managed account strategy mirroring the Sequoia Fund approach, available to high-net-worth investors with a minimum account value of $500,000, offering direct ownership of individual securities with a 1% annual management fee.
• Sequoia ETF (NYSE: SEQ) An actively managed exchange-traded fund (NYSE: SEQ) that will receive assets from the Sequoia Fund and taxable SMA clients, offering enhanced tax efficiency through the ETF structure.
• Acacia Strategy Investment strategy focused on above-average long-term returns with below-average risk, investing in well-run companies with attractive economics and competitive advantages, including meaningful exposure to foreign markets.
• Hyperion Strategy A heavily concentrated, fully invested, long-only global equity strategy with 7-15 positions targeting high-rate capital compounding over the long term without leverage.
• Poplar Strategy A global, absolute-return-oriented strategy designed for foundations and endowments with annual spending needs, emphasizing capital preservation and inflation-adjusted growth through approximately 15 intensively researched positions.
• Wishbone Strategy A concentrated, opportunistic, long-only global investment strategy with a broad mandate spanning equities and equity-like securities across all geographies and market capitalizations.
• Willow Strategy A concentrated, international, long-only investment strategy with 15-25 intensively researched public equity positions primarily in developed markets outside the United States.

Quantifiable outcome

• Sequoia Strategy returned 21.9% in 2025 vs 17.9% for S&P 500 Index
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ruane, Cunniff & Goldfarb