Ruane, Cunniff & Goldfarb

Ruane, Cunniff & Goldfarb as of Sept. 30, 2005

Portfolio Holdings for Ruane, Cunniff & Goldfarb

Ruane, Cunniff & Goldfarb holds 225 positions in its portfolio as reported in the September 2005 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Berkshire Hathaway (BRK.A) 24.3 $3.1B 38k 82000.00
Progressive Corporation (PGR) 21.5 $2.7B 26M 104.77
Mohawk Industries (MHK) 7.0 $893M 11M 80.25
TJX Companies (TJX) 6.2 $784M 38M 20.48
Expeditors International of Washington (EXPD) 5.2 $669M 12M 56.78
Fastenal Company (FAST) 2.8 $354M 5.8M 61.09
Wal-Mart Stores (WMT) 2.7 $342M 7.8M 43.82
IDEXX Laboratories (IDXX) 2.7 $338M 5.1M 66.88
Brown & Brown (BRO) 2.5 $317M 6.4M 49.69
Fifth Third Ban (FITB) 2.2 $276M 7.5M 36.73
Walgreen Company 2.1 $268M 6.2M 43.45
International Game Technology 1.7 $220M 8.1M 27.00
Tiffany & Co. 1.4 $172M 4.3M 39.77
Gtech Holdings Corp 1.3 $165M 5.1M 32.06
Countrywide Financial Corp 1.2 $149M 4.5M 32.98
Berkshire Hathaway Inc. Class B 1.1 $147M 54k 2730.99
Commerce Bancorp 0.9 $110M 3.6M 30.69
O'Reilly Automotive 0.8 $107M 3.8M 28.18
American Intl Group 0.6 $82M 1.3M 61.96
American Express Company (AXP) 0.6 $78M 1.3M 57.44
WellPoint 0.6 $70M 925k 75.82
Golden West Financial Corp 0.5 $60M 1.0M 59.39
Accredited Home Lenders Holdin 0.5 $59M 1.7M 35.16
Harley-Davidson (HOG) 0.4 $46M 940k 48.44
Danaher Corporation (DHR) 0.4 $45M 841k 53.83
Aon Corporation 0.3 $42M 1.3M 32.08
Student Loan (STU) 0.3 $41M 175k 236.88
Axis Capital Holdings (AXS) 0.3 $41M 1.4M 28.51
Willis Group Holdings 0.3 $39M 1.0M 37.55
Education Management Corp 0.3 $38M 1.2M 32.24
Costco Wholesale Corporation (COST) 0.3 $38M 871k 43.09
Franklin Electric (FELE) 0.2 $32M 777k 41.39
Yum! Brands (YUM) 0.2 $30M 627k 48.41
Toyota Motor Corporation (TM) 0.2 $29M 310k 92.37
Investors Financial Svcs Corp 0.2 $26M 802k 32.90
Netflix (NFLX) 0.2 $26M 995k 25.99
Chaparral Steel 0.2 $25M 1.0M 25.22
Altria (MO) 0.2 $24M 331k 73.71
Legg Mason 0.2 $23M 209k 109.69
Ultra Petroleum 0.2 $23M 400k 56.88
Millicom Intl Cellular S.a. S hs (TIGO) 0.2 $23M 1.2M 18.42
Target Corporation (TGT) 0.2 $23M 441k 51.93
Washington Post Company 0.2 $23M 29k 802.49
Concur Technologies 0.2 $23M 1.8M 12.37
Aaron's 0.2 $23M 1.1M 21.15
Bank of the Ozarks 0.2 $23M 667k 34.33
Echostar Communications Corpor 0.2 $22M 743k 29.57
Citi 0.2 $20M 437k 45.52
Smithfield Foods 0.1 $19M 643k 29.68
Bankatlantic Corp Inc Cl A 0.1 $17M 998k 16.99
Pos (PKX) 0.1 $16M 285k 56.56
Laureate Education 0.1 $14M 280k 48.97
Lennar Corporation (LEN) 0.1 $13M 223k 59.76
Patterson Companies (PDCO) 0.1 $13M 317k 40.03
Signature Bank (SBNY) 0.1 $11M 419k 26.99
SLM Corporation (SLM) 0.1 $11M 205k 53.64
IndyMac Ban 0.1 $12M 303k 39.58
Petrokazakhstan 0.1 $11M 210k 54.43
Petroleo Brasileiro SA (PBR) 0.1 $10M 144k 71.49
Coca-Cola Company (KO) 0.1 $10M 235k 43.19
Xto Energy 0.1 $10M 226k 45.32
J.C. Penney Company 0.1 $10M 213k 47.42
USA Mobility 0.1 $9.7M 359k 26.98
Renaissance Re Holdings Ltd Cmn (RNR) 0.1 $8.9M 204k 43.73
North Fork Bancorporation Ny 0.1 $9.0M 354k 25.50
Advanced Neuromodulation Sys I 0.1 $9.5M 200k 47.46
Iac Interactivecorp 0.1 $7.8M 308k 25.35
Pennsylvania Commerce 0.1 $7.3M 206k 35.68
Usi Holdings Corporation 0.1 $7.4M 569k 12.99
Corinthian Colleges 0.1 $6.6M 498k 13.27
Apollo 0.1 $6.6M 100k 66.39
Encana Corp 0.1 $5.8M 100k 58.31
priceline.com Incorporated 0.1 $5.8M 300k 19.32
Cnet Networks 0.1 $5.8M 430k 13.57
Alberto Culver - Class B 0.1 $6.3M 140k 44.75
National Medical Health Card S 0.1 $6.7M 241k 27.64
Bank of America Corporation (BAC) 0.0 $5.3M 127k 42.10
Daimler Ag reg (MBGAF) 0.0 $4.9M 92k 53.12
Home Depot (HD) 0.0 $5.6M 148k 38.14
Johnson & Johnson (JNJ) 0.0 $5.3M 83k 63.28
General Electric Company 0.0 $5.0M 148k 33.67
CVS Caremark Corporation (CVS) 0.0 $4.8M 165k 29.01
International Business Machines (IBM) 0.0 $5.7M 71k 80.22
Gillette Company 0.0 $4.6M 79k 58.20
Credit Acceptance (CACC) 0.0 $4.6M 319k 14.30
Exxon Mobil Corp 0.0 $5.5M 87k 63.54
FinishMaster 0.0 $5.3M 376k 14.00
Contango Oil & Gas Company 0.0 $5.5M 461k 12.04
Diagnostic Products 0.0 $4.5M 85k 52.73
Microsoft Corporation (MSFT) 0.0 $3.6M 142k 25.73
Avid Technology 0.0 $3.4M 83k 41.40
BB&T Corporation 0.0 $4.2M 109k 39.05
Marsh & McLennan Companies (MMC) 0.0 $3.3M 107k 30.39
Procter & Gamble Company (PG) 0.0 $3.6M 61k 59.45
Leap Wireless International 0.0 $3.9M 110k 35.20
Whiting Petroleum Corporation 0.0 $4.4M 100k 43.84
Gladstone Commercial Corporation (GOOD) 0.0 $4.0M 239k 16.70
JPMorgan Chase & Co. (JPM) 0.0 $1.9M 57k 33.94
Suntrust Banks Inc $1.00 Par Cmn 0.0 $3.1M 45k 69.44
McDonald's Corporation (MCD) 0.0 $2.8M 84k 33.49
Pfizer (PFE) 0.0 $2.5M 102k 24.97
Walt Disney Company (DIS) 0.0 $2.7M 112k 24.13
Heartland Express (HTLD) 0.0 $2.6M 126k 20.34
Wells Fargo & Company (WFC) 0.0 $2.0M 34k 58.58
Intel Corporation (INTC) 0.0 $2.4M 96k 24.65
Morgan Stanley (MS) 0.0 $2.2M 41k 53.94
General Motors Corp 0.0 $2.5M 82k 30.61
Jacobs Engineering 0.0 $3.1M 46k 67.39
D.R. Horton (DHI) 0.0 $2.6M 71k 36.22
International Speedway Corporation 0.0 $2.5M 48k 51.49
St. Joe Company (JOE) 0.0 $3.1M 50k 62.44
Thor Industries (THO) 0.0 $2.0M 59k 33.99
First National Bank Alaska (FBAK) 0.0 $3.0M 1.3k 2249.62
World Acceptance (WRLD) 0.0 $2.1M 84k 25.41
Bear Stearns Companies 0.0 $2.1M 19k 109.75
C H Robinson Worldwide 0.0 $1.9M 30k 64.13
HCC Insurance Holdings 0.0 $2.1M 75k 28.53
Homestore 0.0 $2.3M 532k 4.35
Mercantile Bankshares 0.0 $2.9M 55k 53.88
BP (BP) 0.0 $1.6M 23k 70.86
HSBC Holdings (HSBC) 0.0 $1.3M 16k 81.21
Leucadia National 0.0 $698k 16k 43.09
U.S. Bancorp (USB) 0.0 $731k 26k 28.08
Abbott Laboratories (ABT) 0.0 $1.1M 25k 42.40
Merck & Co 0.0 $1.8M 66k 27.22
Wyeth 0.0 $980k 21k 46.28
Beazer Homes USA 0.0 $1.8M 30k 58.67
PetSmart 0.0 $1.1M 52k 21.79
Comerica Incorporated (CMA) 0.0 $1.3M 22k 58.91
Health Management Associates 0.0 $1.7M 71k 23.46
Allstate Corporation (ALL) 0.0 $1.3M 24k 55.29
Amgen (AMGN) 0.0 $1.0M 13k 79.63
ConocoPhillips (COP) 0.0 $845k 12k 69.90
Pepsi (PEP) 0.0 $1.8M 32k 56.72
Royal Dutch Shell 0.0 $886k 14k 65.64
Federal National Mortgage Association (FNMA) 0.0 $747k 17k 44.82
St Paul Travelers Cos 0.0 $638k 14k 44.84
Illinois Tool Works (ITW) 0.0 $1.5M 18k 82.33
Wrigley 0.0 $1.7M 24k 71.87
Wesco Financial Corporation 0.0 $732k 2.1k 342.06
Merrill Lynch & Co. 0.0 $1.2M 19k 61.34
Sturm, Ruger & Company (RGR) 0.0 $1.3M 142k 9.20
Standard Pacific 0.0 $1.7M 40k 41.50
Vornado Realty Trust (VNO) 0.0 $1.4M 16k 86.59
City National Corporation 0.0 $701k 10k 70.10
Drew Industries 0.0 $877k 34k 25.82
TCF Financial Corporation 0.0 $1.6M 59k 26.74
Aaron's 0.0 $963k 49k 19.69
Sears Holdings Corporation 0.0 $685k 5.5k 124.41
Arctic Cat 0.0 $682k 33k 20.54
M & T Bank Corp 0.0 $687k 6.5k 105.69
Nelnet (NNI) 0.0 $1.4M 36k 38.01
Tom Online 0.0 $1.7M 88k 19.70
Exploration 0.0 $1.5M 210k 7.20
Bowater 0.0 $780k 28k 28.26
Levitt Corp Cl A 0.0 $1.1M 50k 22.94
Unitedhealth Group 0.0 $1.3M 24k 56.22
Loews Corporation (L) 0.0 $407k 4.4k 92.50
Hartford Financial Services (HIG) 0.0 $444k 5.8k 77.11
Charles Schwab Corporation (SCHW) 0.0 $289k 20k 14.45
State Street Corporation (STT) 0.0 $515k 11k 48.91
PNC Financial Services (PNC) 0.0 $230k 4.0k 58.05
SEI Investments Company (SEIC) 0.0 $376k 10k 37.60
Eli Lilly & Co. (LLY) 0.0 $206k 3.9k 53.42
Tyco Intl 0.0 $422k 15k 27.85
Chevron Corporation (CVX) 0.0 $272k 4.2k 64.67
Pulte (PHM) 0.0 $429k 10k 42.90
Medco Health Solutions 0.0 $201k 3.7k 54.87
Bristol Myers Squibb (BMY) 0.0 $377k 16k 24.03
3M Company (MMM) 0.0 $246k 3.4k 73.43
Interactive Data Corporation 0.0 $317k 14k 22.64
Kimberly-Clark Corporation (KMB) 0.0 $516k 8.7k 59.56
Automatic Data Processing (ADP) 0.0 $353k 8.2k 42.98
Simpson Manufacturing (SSD) 0.0 $391k 10k 39.10
Vulcan Materials Company (VMC) 0.0 $564k 7.6k 74.21
Briggs & Stratton Corporation 0.0 $248k 7.2k 34.53
Liz Claiborne 0.0 $344k 8.7k 39.32
Nokia Corporation (NOK) 0.0 $464k 27k 16.92
E.I. du Pont de Nemours & Company 0.0 $229k 5.8k 39.23
Emerson Electric (EMR) 0.0 $212k 3.0k 71.86
Mellon Financial Corp. 0.0 $214k 6.7k 31.92
Mettler-Toledo International (MTD) 0.0 $235k 4.6k 51.09
Varco International 0.0 $585k 20k 29.03
GlaxoSmithKline 0.0 $227k 4.4k 51.28
Royal Dutch Shell 0.0 $256k 3.7k 68.87
Schlumberger (SLB) 0.0 $233k 2.8k 84.42
United Technologies Corporation 0.0 $218k 4.2k 51.90
Wachovia Corp 0.0 $473k 9.9k 47.57
Ford Motor Company (F) 0.0 $226k 23k 9.88
Stericycle (SRCL) 0.0 $240k 4.2k 57.14
Bank Of New York 0.0 $266k 9.1k 29.36
Delphi Corp 0.0 $32k 12k 2.73
Sara Lee 0.0 $476k 25k 18.96
Gannett 0.0 $361k 5.3k 68.76
Hershey Company (HSY) 0.0 $343k 6.1k 56.23
Lynch Interactive Corp 0.0 $215k 8.4k 25.60
General Growth Properties 0.0 $290k 6.5k 44.96
Cousins Properties 0.0 $605k 20k 30.21
Overstock (BYON) 0.0 $383k 10k 38.30
Applied Materials (AMAT) 0.0 $563k 33k 16.96
Aptar (ATR) 0.0 $355k 7.1k 49.87
Highwoods Properties (HIW) 0.0 $562k 19k 29.50
Robert Half International (RHI) 0.0 $356k 10k 35.60
Young Broadcasting 0.0 $506k 145k 3.49
Varian Medical Systems 0.0 $208k 5.3k 39.43
Royal Palm Beach Col 0.0 $11k 14k 0.79
MFS Intermediate Income Trust (MIN) 0.0 $100k 16k 6.45
Central Securities (CET) 0.0 $286k 11k 25.39
Lennar Corporation (LEN.B) 0.0 $533k 9.6k 55.38
Amazon (AMZN) 0.0 $453k 10k 45.30
Direct General Corp 0.0 $374k 19k 19.73
Marshall & Ilsley Corp 0.0 $388k 8.9k 43.50
Forest Laboratories 0.0 $394k 10k 38.99
Zimmer Holdings (ZBH) 0.0 $318k 4.6k 68.92
Bowl America Incorporated 0.0 $233k 17k 13.90
CNA Financial Corporation (CNA) 0.0 $241k 8.1k 29.93
Mocon 0.0 $194k 20k 9.70
OPT-Sciences (OPST) 0.0 $96k 16k 5.89
Sunshine Pcs Corp 0.0 $1.1k 11k 0.10
Bedford Property Investors 0.0 $501k 21k 23.83
Center Financial Corporation 0.0 $353k 14k 25.44
Domino's Pizza (DPZ) 0.0 $592k 25k 23.33
Carlisle Companies (CSL) 0.0 $411k 6.5k 63.55
County Bank Corp - Mich 0.0 $479k 8.9k 53.68
Wpp Group 0.0 $511k 10k 51.12