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Ruane, Cunniff & Goldfarb

SEC-registered adviser since 2017New York, NYCRD 285971

1,213
Clients
12
Advisory staff

From Form ADV filed 31 March 2026 · data retrieved 15 October 2026SEC record

Ruane, Cunniff & Goldfarb is an investment adviser headquartered in New York, New York, and registered with the SEC since 2017. Its clients include high-net-worth individuals, investment companies, and pension and profit-sharing plans. High-net-worth individuals account for 37% of its regulatory assets under management.

Its services include portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutions. Fee arrangements include a percentage of assets under management. Ruane, Cunniff & Goldfarb Inc. owns 75% or more of Ruane, Cunniff & Goldfarb.

Clients

Ruane, Cunniff & Goldfarb serves 1,213 clients, 1,138 of them high-net-worth individuals. The average client has about $8.7 million with the firm, and high-net-worth clients hold 37% of its $10.5 billion in assets.

Regulatory assets by client type
  • High-net-worth individuals1,138 clients37%
  • Investment companies1 clients36%
  • Pension and profit-sharing plans11 clients17%
  • Charitable organizations31 clients7%
  • Corporations and other businesses32 clients2%
Show client breakdown
High-net-worth individuals
Clients
1,138
Regulatory AUM
$3,932,456,089
Share
37.4%
Avg. per client
$3.46M
Investment companies
Clients
1
Regulatory AUM
$3,788,837,987
Share
36.0%
Avg. per client
$3.79B
Pension and profit-sharing plans
Clients
11
Regulatory AUM
$1,816,729,758
Share
17.3%
Avg. per client
$165.2M
Charitable organizations
Clients
31
Regulatory AUM
$728,647,262
Share
6.9%
Avg. per client
$23.5M
Corporations and other businesses
Clients
32
Regulatory AUM
$258,834,794
Share
2.5%
Avg. per client
$8.09M

Total

Clients
1,213
Regulatory AUM
$10,525,505,890
Share
100%
Avg. per client
$8.68M

What it does

Ruane, Cunniff & Goldfarb provides portfolio management for individuals and small businesses, portfolio management for investment companies and portfolio management for institutions. It is paid through a percentage of assets.

Ruane, Cunniff & Goldfarb advises no private funds.

100.0% of assets ($10.53B across 1,213 accounts) are managed with discretion. 2% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks97%
  • Cash3%

Custodians

Ruane, Cunniff & Goldfarb’s client accounts are held mainly at Pershing, with 38% of managed assets, and BNY Mellon Capital Markets, with 18%. Ruane, Cunniff & Goldfarb has custody of $103.9M for 1 clients.

Managed account assets by custodian
  • PershingPershing LLC · Jersey City, NJ · $4.01B38%
  • BNY Mellon Capital MarketsBNY Mellon Capital Markets, LLC · New York, NY · $1.94B18%
  • All other custodians$4.58B43%

Ownership and leadership

Ruane, Cunniff & Goldfarb Inc. owns 75% or more of Ruane, Cunniff & Goldfarb.

Who owns the firm
Ruane, Cunniff & Goldfarb L.P.· the adviser
  • Ruane, Cunniff & Goldfarb Inc.

    Control person · since November 2016

    Owns 75% or more of Ruane, Cunniff & Goldfarb L.P.
  • John Harris

    Managing partner of RCG-GP LLC · Control person · since February 2018

  • Gregory Alexander

    Management committee member of RCG-GP LLC · Control person · since February 2018

  • Arman Gokgol-Kline

    Management committee member of RCG-GP LLC · Control person · since January 2019

  • Trevor Magyar

    Management committee member of RCG-GP LLC · Control person · since January 2019

Leadership

  • Patrick Dennis
    Chief Financial Officer
  • JENNIFER Rusk
    Chief Operating Officer
  • Yau Dun Lee-Cotoia
    Chief Compliance Officer
  • Michael Benwitt
    General Counsel
  • John Harris
    Managing Director

Staff

  • 52 employees
  • 12 in advisory functions
  • 2 broker-dealer reps

Reported holdings

Ruane, Cunniff & Goldfarb’s reported 13F holdings total $6.43B across 54 positions, and the ten largest make up 66.6% of it.

$6.43B
Reported 13F value
54
Positions
66.6%
In the 10 largest
+6.6%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Alphabet Inc. · Cap Stk CL A11.1%
  2. Taiwan Semiconductor Manufac · Sponsored ADS8.7%
  3. Liberty Media Corp. Del · Com Lbty One S C7.7%
  4. Schwab Charles Corp.6.6%
  5. Capital One Finl Corp.6.1%
  6. Elevance Health Inc. Formerly5.9%
  7. Icon Pub Ltd CO5.5%
  8. Alphabet Inc. · Cap Stk CL C5.1%
  9. Sunbelt Rentals Holdings Inc.5.0%
  10. Intercontinental Exchange IN4.9%

Together, the ten largest are 66.6% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 14 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $6.43B is not its $10.53B in regulatory assets and does not represent any individual client's portfolio.

Fees

Ruane, Cunniff & Goldfarb is paid through a percentage of assets under management.

Ruane, Cunniff & Goldfarb’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Ruane, Cunniff & Goldfarb has 1 office, with 2 listed addresses across 2 states.

Listed office addresses by state

New York · 1 listed address

  • 45 Rockefeller Plaza, 34th Floor, New YorkHQ

Registration details

Legal name
Ruane, Cunniff & Goldfarb L.P.
Headquarters
45 Rockefeller Plaza, 34th Floor, New York, NY 10111
SEC file
801-111872
Structure
Delaware limited partnership
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Ruane, Cunniff & Goldfarb have?

Ruane, Cunniff & Goldfarb has 1,213 clients and manages $10.5 billion for them, as of March 2026. They include 1,138 high-net-worth individuals, 32 corporations and other businesses and 31 charitable organizations.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026

What services does Ruane, Cunniff & Goldfarb offer?

Ruane, Cunniff & Goldfarb provides portfolio management for individuals and small businesses, portfolio management for investment companies and portfolio management for institutions.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Ruane, Cunniff & Goldfarb use?

Ruane, Cunniff & Goldfarb’s separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $4,009,534,155 and BNY Mellon Capital Markets, LLC (New York, NY), with $1,940,488,796. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026

How many financial advisors does Ruane, Cunniff & Goldfarb have?

Ruane, Cunniff & Goldfarb has 0 investment adviser representatives registered with state securities authorities, out of 52 employees, and 12 perform investment advisory functions. 2 are registered representatives of a broker-dealer and 0 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Ruane, Cunniff & Goldfarb invest in?

At the end of its last fiscal year, Ruane, Cunniff & Goldfarb’s separately managed accounts held 97% exchange-traded equities and 3% cash and equivalents. It advises no private funds of its own.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Ruane, Cunniff & Goldfarb?

Ruane, Cunniff & Goldfarb’s direct owner is Ruane, Cunniff & Goldfarb Inc. (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026

How does Ruane, Cunniff & Goldfarb get paid?

Ruane, Cunniff & Goldfarb is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 31 March 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 285971.
  3. Form 13F-HR, filed 14 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Ruane, Cunniff & Goldfarb L.P. and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.