Ruane, Cunniff & Goldfarb

Ruane, Cunniff & Goldfarb as of June 30, 2004

Portfolio Holdings for Ruane, Cunniff & Goldfarb

Ruane, Cunniff & Goldfarb holds 188 positions in its portfolio as reported in the June 2004 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Berkshire Hathaway (BRK.A) 26.6 $3.4B 38k 88950.02
Progressive Corporation (PGR) 18.0 $2.3B 27M 85.30
Fifth Third Ban (FITB) 10.8 $1.4B 26M 53.78
TJX Companies (TJX) 7.4 $955M 40M 24.14
Mohawk Industries (MHK) 6.2 $803M 11M 73.33
Expeditors International of Washington (EXPD) 5.4 $694M 14M 49.41
Fastenal Company (FAST) 2.6 $332M 5.8M 56.83
Brown & Brown (BRO) 2.1 $276M 6.4M 43.10
Walgreen Company 1.8 $231M 6.4M 36.21
Ethan Allen Interiors (ETD) 1.5 $193M 5.4M 35.91
Tiffany & Co. 1.4 $180M 4.9M 36.85
Jacobs Engineering 1.4 $177M 4.5M 39.38
Berkshire Hathaway Inc. Class B 1.2 $149M 51k 2955.00
AutoZone (AZO) 1.1 $142M 1.8M 80.10
IDEXX Laboratories (IDXX) 1.0 $132M 2.1M 62.94
Countrywide Financial Corp 1.0 $127M 1.8M 70.25
Gtech Holdings Corp 0.9 $116M 2.5M 46.31
Student Loan (STU) 0.9 $113M 825k 136.50
Commerce Bancorp 0.9 $111M 2.0M 55.01
American Express Company (AXP) 0.5 $70M 1.4M 51.38
Harley-Davidson (HOG) 0.5 $69M 1.1M 61.94
American Intl Group 0.5 $62M 874k 71.28
CarMax (KMX) 0.4 $54M 2.5M 21.87
Danaher Corporation (DHR) 0.3 $44M 856k 51.85
Golden West Financial Corp 0.3 $45M 426k 106.35
Franklin Electric (FELE) 0.3 $42M 1.1M 37.76
Health Management Associates 0.3 $39M 1.7M 22.42
Costco Wholesale Corporation (COST) 0.3 $38M 914k 41.07
Washington Post Company 0.3 $36M 39k 930.02
O'Reilly Automotive 0.2 $30M 673k 45.20
Willis Group Holdings 0.2 $29M 783k 37.45
Anthem 0.2 $28M 314k 89.56
Citi 0.2 $20M 434k 46.50
Target Corporation (TGT) 0.1 $19M 439k 42.47
Renaissance Re Holdings Ltd Cmn (RNR) 0.1 $15M 274k 53.95
Coca-Cola Company (KO) 0.1 $12M 237k 50.48
ITT Educational Services (ESINQ) 0.1 $12M 305k 38.02
Gladstone Capital Corporation 0.1 $12M 577k 20.15
Patterson Companies (PDCO) 0.1 $11M 141k 76.49
Laureate Education 0.1 $9.7M 254k 38.24
J.C. Penney Company 0.1 $9.6M 253k 37.76
Rent-A-Center (UPBD) 0.1 $9.0M 300k 29.93
St Paul Travelers Cos 0.1 $8.6M 213k 40.54
North Fork Bancorporation Ny 0.1 $9.0M 236k 38.05
Alberto Culver - Class B 0.1 $9.2M 183k 50.14
Countrywide Assured Group 0.1 $9.0M 1.5M 6.00
International Business Machines (IBM) 0.1 $7.2M 81k 88.15
Doubleclick 0.1 $7.8M 1.0M 7.77
Xto Energy 0.1 $6.7M 226k 29.79
Altria (MO) 0.1 $6.1M 122k 50.05
Liberty Media Int'l A 0.1 $6.5M 177k 37.10
Credit Acceptance (CACC) 0.1 $6.6M 437k 15.07
Mercantile Bankshares 0.1 $6.3M 135k 46.82
Bank of America Corporation (BAC) 0.0 $5.0M 60k 84.62
Daimler Ag reg (MBGAF) 0.0 $5.2M 111k 47.07
Home Depot (HD) 0.0 $5.3M 150k 35.20
General Electric Company 0.0 $4.5M 139k 32.40
General Motors Corp 0.0 $5.1M 111k 46.59
TCF Financial Corporation 0.0 $4.5M 78k 58.04
Flagstar Bancorp 0.0 $5.0M 250k 19.88
Johnson & Johnson (JNJ) 0.0 $4.3M 77k 55.70
Merck & Co 0.0 $3.3M 70k 47.51
Lennar Corporation (LEN) 0.0 $4.3M 97k 44.72
CVS Caremark Corporation (CVS) 0.0 $4.0M 95k 42.02
BB&T Corporation 0.0 $4.0M 109k 36.97
Gillette Company 0.0 $3.4M 79k 42.40
Bankatlantic Corp Inc Cl A 0.0 $3.7M 200k 18.45
Exxon Mobil Corp 0.0 $3.4M 77k 44.41
Gladstone Commercial Corporation (GOOD) 0.0 $3.9M 239k 16.50
Tv Azteca Sa De Cv 0.0 $4.3M 500k 8.64
Wellchoice 0.0 $4.3M 105k 41.40
Prima Energy Corp 0.0 $4.4M 112k 39.57
Petroleo Brasileiro SA (PBR) 0.0 $2.8M 100k 28.07
Microsoft Corporation (MSFT) 0.0 $2.9M 102k 28.56
JPMorgan Chase & Co. (JPM) 0.0 $2.1M 53k 38.77
McDonald's Corporation (MCD) 0.0 $2.1M 80k 26.00
Wal-Mart Stores (WMT) 0.0 $2.3M 44k 52.75
Pfizer (PFE) 0.0 $2.3M 68k 34.28
Walt Disney Company (DIS) 0.0 $3.2M 124k 25.49
Heartland Express (HTLD) 0.0 $2.3M 84k 27.36
Intel Corporation (INTC) 0.0 $2.0M 74k 27.60
Morgan Stanley (MS) 0.0 $2.6M 50k 52.76
Anheuser-busch Cos 0.0 $2.2M 42k 54.01
Pepsi (PEP) 0.0 $2.0M 37k 53.88
Procter & Gamble Company (PG) 0.0 $3.1M 57k 54.44
International Speedway Corporation 0.0 $2.3M 48k 48.51
Krispy Kreme Doughnuts 0.0 $2.9M 150k 19.09
First National Bank Alaska (FBAK) 0.0 $3.1M 1.4k 2174.67
National Commerce Financial 0.0 $3.1M 96k 32.50
BP (BP) 0.0 $1.2M 22k 53.57
HSBC Holdings (HSBC) 0.0 $1.6M 21k 74.93
State Street Corporation (STT) 0.0 $1.1M 23k 49.05
U.S. Bancorp (USB) 0.0 $708k 26k 27.56
Abbott Laboratories (ABT) 0.0 $1.3M 33k 40.75
Eli Lilly & Co. (LLY) 0.0 $809k 12k 69.89
Wyeth 0.0 $755k 21k 36.16
H&R Block (HRB) 0.0 $942k 20k 47.66
Kimberly-Clark Corporation (KMB) 0.0 $725k 11k 65.92
Ultra Petroleum 0.0 $1.9M 50k 37.32
Wells Fargo & Company (WFC) 0.0 $643k 11k 57.21
Vulcan Materials Company (VMC) 0.0 $809k 17k 47.52
Comerica Incorporated (CMA) 0.0 $1.4M 25k 54.89
Emerson Electric (EMR) 0.0 $646k 10k 63.55
Mellon Financial Corp. 0.0 $1.8M 60k 29.33
Allstate Corporation (ALL) 0.0 $1.1M 24k 46.54
Federal National Mortgage Association (FNMA) 0.0 $1.5M 21k 71.34
Royal Dutch Petroleum Co ny reg 0.0 $697k 14k 51.64
Wrigley 0.0 $1.6M 25k 63.04
Sara Lee 0.0 $759k 33k 23.00
Wesco Financial Corporation 0.0 $1.3M 3.6k 361.90
Merrill Lynch & Co. 0.0 $1.0M 19k 53.97
Sturm, Ruger & Company (RGR) 0.0 $1.5M 120k 12.11
99 Cents Only Stores 0.0 $1.5M 100k 15.25
D.R. Horton (DHI) 0.0 $1.5M 54k 28.40
Vornado Realty Trust (VNO) 0.0 $964k 17k 57.09
Cousins Properties 0.0 $660k 20k 32.96
Applied Materials (AMAT) 0.0 $718k 37k 19.62
City National Corporation 0.0 $657k 10k 65.70
Young Broadcasting 0.0 $1.9M 145k 13.15
World Acceptance (WRLD) 0.0 $1.6M 90k 18.33
Bear Stearns Companies 0.0 $1.6M 19k 84.30
C H Robinson Worldwide 0.0 $1.4M 30k 45.83
Arctic Cat 0.0 $1.4M 51k 27.53
Cnet Networks 0.0 $1.1M 100k 11.07
Bowater 0.0 $1.9M 45k 41.60
Levitt Corp Cl A 0.0 $1.3M 50k 25.76
Grey Global Group 0.0 $1.4M 1.4k 984.80
Sears Roebuck & Co. 0.0 $661k 18k 37.77
Blue Nile 0.0 $887k 24k 37.63
Loews Corporation (L) 0.0 $265k 4.4k 59.95
Hartford Financial Services (HIG) 0.0 $332k 4.8k 68.77
Leucadia National 0.0 $537k 11k 49.72
Charles Schwab Corporation (SCHW) 0.0 $285k 30k 9.60
PNC Financial Services (PNC) 0.0 $385k 7.3k 53.04
Legg Mason 0.0 $455k 5.0k 91.00
SEI Investments Company (SEIC) 0.0 $290k 10k 29.00
SLM Corporation (SLM) 0.0 $202k 5.0k 40.40
Comcast Corporation 0.0 $610k 22k 27.60
Tyco Intl 0.0 $288k 8.7k 33.09
Medco Health Solutions 0.0 $203k 5.4k 37.58
Bristol Myers Squibb (BMY) 0.0 $410k 17k 24.53
Interactive Data Corporation 0.0 $209k 14k 14.93
PetSmart 0.0 $260k 8.0k 32.44
Sonoco Products Company (SON) 0.0 $225k 8.8k 25.53
Automatic Data Processing (ADP) 0.0 $503k 12k 41.87
Briggs & Stratton Corporation 0.0 $495k 5.6k 88.39
Liz Claiborne 0.0 $413k 12k 36.02
E.I. du Pont de Nemours & Company 0.0 $354k 8.0k 44.45
Mettler-Toledo International (MTD) 0.0 $310k 6.3k 49.09
Varco International 0.0 $509k 20k 25.26
Amgen (AMGN) 0.0 $631k 12k 54.58
ConocoPhillips (COP) 0.0 $253k 3.3k 76.34
GlaxoSmithKline 0.0 $249k 6.0k 41.51
Wachovia Corp 0.0 $483k 11k 44.48
Ford Motor Company (F) 0.0 $365k 23k 15.66
Bank Of New York 0.0 $339k 12k 29.50
Liberty Media Corp-a 0.0 $271k 30k 8.98
Delphi Corp 0.0 $353k 33k 10.67
Federal Home Loan Mortgage (FMCC) 0.0 $500k 7.9k 63.29
Gannett 0.0 $441k 5.2k 84.81
Hershey Company (HSY) 0.0 $278k 6.0k 46.33
Lynch Interactive Corp 0.0 $286k 8.4k 34.05
Aptar (ATR) 0.0 $311k 7.1k 43.69
Highwoods Properties (HIW) 0.0 $448k 19k 23.52
Robert Half International (RHI) 0.0 $298k 10k 29.80
Thor Industries (THO) 0.0 $613k 18k 33.44
Royal Palm Beach Col 0.0 $11k 14k 0.79
MFS Intermediate Income Trust (MIN) 0.0 $99k 16k 6.39
Lennar Corporation (LEN.B) 0.0 $399k 9.6k 41.46
M & T Bank Corp 0.0 $567k 6.5k 87.23
Direct General Corp 0.0 $611k 19k 32.23
Marshall & Ilsley Corp 0.0 $346k 8.8k 39.14
Forest Laboratories 0.0 $572k 10k 56.61
Bowl America Incorporated 0.0 $237k 17k 14.14
CNA Financial Corporation (CNA) 0.0 $238k 8.1k 29.56
Mocon 0.0 $178k 21k 8.48
OPT-Sciences (OPST) 0.0 $130k 16k 7.98
Sunshine Pcs Corp 0.0 $1.1k 11k 0.10
Bedford Property Investors 0.0 $615k 21k 29.25
National Medical Health Card S 0.0 $269k 10k 26.90
Unitedhealth Group 0.0 $622k 10k 62.20
Center Financial Corporation 0.0 $210k 14k 15.13
Carlisle Companies (CSL) 0.0 $560k 9.0k 62.22
Ams Realstar 0.0 $0 10k 0.00
Dollar General Corp 0.0 $326k 17k 19.54
New York Times Company (NYT) 0.0 $240k 5.4k 44.66
Dundee Precious Metals (DPMLF) 0.0 $281k 66k 4.28
Farmer Brothers (FARM) 0.0 $215k 8.0k 26.88