News
Mutual Funds Weekly Roundup: August 2
MutualFunds.com provides weekly information about any material impact on the mutual funds industry...
Welcome to MutualFunds.com. Please help us personalize your experience.
Thank you!
Check your email and confirm your subscription to complete your personalized experience.
Thank you for your submission, we hope you enjoy your experience
The Sequoia Fund (SEQUX) is a managed mutual fund that is issued by Sequoia and advised by Ruane, Cunniff & Goldfarb Inc. The fund was launched on July, 15 1970 and was managed by Robert D. Goldfarb since 1998 and David M. Poppe since 2006. The fund has approximately $7.7 billion in assets under management (AUM).
The fund’s primary objective is to provide investors with long term growth and capital. Management of the fund seeks to invest in equity securities that they consider to be undervalued compared to the value of the total enterprise. In addition, the fund’s management seeks investments with reasonable growth potential. The fund’s portfolio includes stocks that are issued in the United States as well as international stocks. The holdings can be any size, but the fund tends to choose companies that are medium sized or larger. The majority of the holdings are in the healthcare, financial services and industrial goods sectors. The fund is not required to be fully invested. Typically, this fund holds about 10-25 holdings at one time. These companies tend to consist of market leading companies that are considered undervalued at the time of purchase.
Management of the fund will tend to sell holdings if they show deteriorating fundamentals, if they missed analysts’ expectations or if their valuation appears to be excessive. This fund is subject to general stock market risks as well as market risk, value investing risk, foreign stock risk, currency risks, small-cap risk and management risks. Investors should also be aware that this fund is non-diversified, which lifts the overall risk of the fund.
The fund requires an initial investment of at least $5,000 for regular accounts and $2,500 for IRA accounts. Each additional investment requires a minimum $500 deposit.
Sign up for Advisor Access to receive email updates about SEQUX competitors, news, CE accredited webcasts and more.
| Period | SEQUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.4% | -46.2% | 64.6% | 22.53% |
| 1 Yr | -7.1% | -95.3% | 66.3% | 87.32% |
| 3 Yr | -2.5%* | -62.4% | 38.0% | 86.49% |
| 5 Yr | -6.8%* | -45.7% | 27.4% | 92.22% |
| 10 Yr | 3.7%* | -14.3% | 32.1% | 76.88% |
* Annualized
| Period | SEQUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2018 | -22.0% | -100.0% | 23.6% | 87.01% |
| 2017 | 5.1% | -55.3% | 69.8% | 62.40% |
| 2016 | -22.2% | -56.6% | 80.1% | 98.94% |
| 2015 | -11.8% | -50.8% | 22.5% | 74.67% |
| 2014 | 5.4% | -87.7% | 249.9% | 30.29% |
| Period | SEQUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.4% | -46.2% | 64.6% | 22.53% |
| 1 Yr | -7.1% | -44.6% | 66.3% | 89.50% |
| 3 Yr | -2.5%* | -35.6% | 38.0% | 90.30% |
| 5 Yr | -6.8%* | -32.3% | 27.4% | 96.38% |
| 10 Yr | 3.7%* | -14.3% | 32.1% | 84.95% |
* Annualized
| Period | SEQUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2018 | -22.0% | -100.0% | 23.6% | 91.39% |
| 2017 | 5.1% | -55.3% | 69.8% | 75.69% |
| 2016 | -22.2% | -56.6% | 80.1% | 98.94% |
| 2015 | -11.8% | -50.8% | 30.8% | 85.71% |
| 2014 | 5.4% | -87.7% | 249.9% | 51.04% |
| SEQUX | Category Low | Category High | SEQUX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.92 B | 491 K | 102 B | 13.51% |
| Number of Holdings | 28 | 2 | 6176 | 85.51% |
| Net Assets in Top 10 | 2.13 B | -642 M | 25.8 B | 13.35% |
| Weighting of Top 10 | 54.55% | 0.0% | 20474.3% | 22.16% |
| Weighting | Return Low | Return High | SEQUX % Rank | |
|---|---|---|---|---|
| Stocks | 93.18% | -18.38% | 101.23% | 21.59% |
| Cash | 4.05% | -6.52% | 7388.76% | 81.11% |
| Other | 2.77% | -7288.76% | 38.16% | 9.38% |
| Preferred Stocks | 0.00% | -0.48% | 19.87% | 94.74% |
| Convertible Bonds | 0.00% | 0.00% | 16.29% | 93.47% |
| Bonds | 0.00% | -11.97% | 42.16% | 93.04% |
| Weighting | Return Low | Return High | SEQUX % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 27.44% | -18.86% | 290.60% | 3.47% |
| Financial Services | 23.96% | -23.60% | 71.54% | 6.51% |
| Technology | 22.80% | -90.00% | 73.59% | 17.95% |
| Industrials | 11.55% | -24.82% | 58.12% | 18.23% |
| Communication Services | 4.06% | -92.49% | 42.32% | 20.26% |
| Consumer Defense | 2.31% | -66.89% | 53.36% | 64.40% |
| Utilities | 0.00% | -18.94% | 75.11% | 87.70% |
| Real Estate | 0.00% | -42.91% | 52.16% | 89.29% |
| Healthcare | 0.00% | -12.85% | 79.31% | 97.11% |
| Energy | 0.00% | -7.00% | 96.18% | 93.20% |
| Basic Materials | 0.00% | -35.69% | 71.11% | 94.93% |
| Weighting | Return Low | Return High | SEQUX % Rank | |
|---|---|---|---|---|
| US | 72.75% | -24.97% | 84.31% | 46.31% |
| Non US | 20.43% | -40.71% | 100.29% | 7.67% |
| SEQUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.11% | 0.04% | 11.84% | 74.82% |
| Management Fee | 1.00% | 0.00% | 2.94% | 71.77% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.12% | N/A |
| SEQUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
| SEQUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| SEQUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 27.00% | 0.00% | 5191.00% | 29.40% |
| SEQUX | Category Low | Category High | SEQUX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 14.24% | 98.87% |
| SEQUX | Category Low | Category High | Category Mode | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Quarterly |
| Date | Amount |
|---|---|
| Dec 28, 2010 | $0.064 |
| Nov 15, 2010 | $0.250 |
| Dec 28, 2009 | $0.010 |
| Jun 08, 2009 | $0.007 |
| Dec 08, 2008 | $0.410 |
| Apr 29, 2008 | $0.009 |
| Dec 10, 2007 | $0.450 |
| Jun 10, 2002 | $0.011 |
| Dec 10, 2001 | $0.950 |
| Feb 20, 2001 | $0.015 |
| Dec 11, 2000 | $1.210 |
| Jun 12, 2000 | $0.450 |
| Dec 13, 1999 | $0.830 |
| Feb 16, 1999 | $0.025 |
| Dec 14, 1998 | $0.370 |
| Dec 15, 1997 | $0.870 |
| Jun 16, 1997 | $0.080 |
| Dec 16, 1996 | $0.225 |
| Jun 10, 1996 | $0.150 |
| Dec 18, 1995 | $0.143 |
| Jun 12, 1995 | $0.150 |
| Jun 13, 1994 | $0.210 |
| Jun 14, 1993 | $0.320 |
| Jun 15, 1992 | $0.490 |
| Jun 17, 1991 | $0.670 |
| Jun 18, 1990 | $0.670 |
| SEQUX | Category Low | Category High | SEQUX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.42% | -8.87% | 4.47% | 76.28% |
| SEQUX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
Manager
Start Date
Tenure
Tenure Rank
May 18, 2016
3.45
3.5%
Analyst of Ruane, Cunniff & Goldfarb
Manager
Start Date
Tenure
Tenure Rank
May 18, 2016
3.45
3.5%
Analyst of Ruane, Cunniff & Goldfarb
Manager
Start Date
Tenure
Tenure Rank
May 18, 2016
3.45
3.5%
Managing Director of Ruane, Cunniff & Goldfarb L.P.; Management Committee member of RCG-GP LLC
Manager
Start Date
Tenure
Tenure Rank
May 18, 2016
3.45
3.5%
Analyst of Ruane, Cunniff & Goldfarb
Tenure Analysis
Category Low
0.0
Category High
40.85
Category Average
7.9
Category Mode
1.5
News
MutualFunds.com provides weekly information about any material impact on the mutual funds industry...
News
Check out the mutual funds that moved in a significant manner over the...
News
Every fortnight, MutualFunds.com provides a snapshot of the performance of some key mutual...
TAXATION
For mutual fund investors, taxes are inevitable. Even if you’re a long-term buy...
MUTUAL FUND EDUCATION
Many investors assume that changes in a mutual fund’s net asset value (NAV)...
MUTUAL FUND EDUCATION
For investors looking to add mutual funds to their portfolio, they need to...