Ruane, Cunniff & Goldfarb

Ruane, Cunniff & Goldfarb as of Dec. 31, 2005

Portfolio Holdings for Ruane, Cunniff & Goldfarb

Ruane, Cunniff & Goldfarb holds 226 positions in its portfolio as reported in the December 2005 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Berkshire Hathaway (BRK.A) 24.1 $3.3B 37k 88620.01
Progressive Corporation (PGR) 21.9 $3.0B 26M 116.78
Mohawk Industries (MHK) 7.2 $986M 11M 86.98
TJX Companies (TJX) 6.4 $881M 38M 23.23
Expeditors International of Washington (EXPD) 4.7 $639M 9.5M 67.51
Fastenal Company (FAST) 3.3 $447M 11M 39.19
Brown & Brown (BRO) 2.8 $388M 13M 30.54
Wal-Mart Stores (WMT) 2.7 $368M 7.9M 46.80
IDEXX Laboratories (IDXX) 2.6 $362M 5.0M 71.98
Walgreen Company 2.0 $273M 6.2M 44.26
Fifth Third Ban (FITB) 2.0 $271M 7.2M 37.72
International Game Technology 1.8 $246M 8.0M 30.78
Gtech Holdings Corp 1.2 $162M 5.1M 31.74
Berkshire Hathaway Inc. Class B 1.2 $159M 54k 2935.50
Countrywide Financial Corp 1.1 $155M 4.5M 34.19
Tiffany & Co. 1.1 $147M 3.8M 38.29
Commerce Bancorp 0.9 $130M 3.8M 34.41
O'Reilly Automotive 0.9 $121M 3.8M 32.01
American Express Company (AXP) 0.7 $91M 1.8M 51.46
American Intl Group 0.7 $90M 1.3M 68.23
Accredited Home Lenders Holdin 0.6 $84M 1.7M 49.58
WellPoint 0.5 $74M 925k 79.79
Golden West Financial Corp 0.5 $67M 1.0M 66.00
Danaher Corporation (DHR) 0.3 $47M 833k 55.78
Costco Wholesale Corporation (COST) 0.3 $43M 869k 49.47
Education Management Corp 0.3 $40M 1.2M 33.51
Axis Capital Holdings (AXS) 0.3 $38M 1.2M 31.28
Millicom Intl Cellular S.a. S hs (TIGO) 0.2 $33M 1.2M 26.84
Toyota Motor Corporation (TM) 0.2 $33M 310k 104.62
Investors Financial Svcs Corp 0.2 $30M 802k 36.83
Chaparral Steel 0.2 $31M 1.0M 30.25
Yum! Brands (YUM) 0.2 $29M 628k 46.88
Concur Technologies 0.2 $28M 2.2M 12.89
Netflix (NFLX) 0.2 $27M 995k 27.06
Brookfield Asset Management 0.2 $26M 525k 50.33
Aaron's 0.2 $26M 1.2M 21.08
Bear Stearns Companies 0.2 $27M 231k 115.53
Legg Mason 0.2 $25M 209k 119.69
Altria (MO) 0.2 $25M 329k 74.72
Target Corporation (TGT) 0.2 $24M 438k 54.97
Bank of the Ozarks 0.2 $25M 668k 36.90
Willis Group Holdings 0.2 $24M 645k 36.94
Ultra Petroleum 0.2 $22M 400k 55.80
Franklin Electric (FELE) 0.2 $22M 567k 39.54
Echostar Communications Corpor 0.1 $20M 743k 27.17
Washington Post Company 0.1 $21M 27k 765.02
IndyMac Ban 0.1 $20M 511k 39.02
Lennar Corporation (LEN) 0.1 $20M 323k 61.02
Apollo 0.1 $19M 312k 60.46
Citi 0.1 $19M 400k 48.53
Smithfield Foods 0.1 $20M 643k 30.60
Signature Bank (SBNY) 0.1 $17M 600k 28.07
Student Loan (STU) 0.1 $16M 77k 209.22
Laureate Education 0.1 $15M 280k 52.51
Aon Corporation 0.1 $14M 380k 35.95
Bankatlantic Corp Inc Cl A 0.1 $14M 996k 14.00
Pos (PKX) 0.1 $14M 285k 49.51
J.C. Penney Company 0.1 $12M 210k 55.60
Quicksilver Resources 0.1 $13M 308k 42.01
SLM Corporation (SLM) 0.1 $11M 205k 55.09
Patterson Companies (PDCO) 0.1 $10M 312k 33.40
priceline.com Incorporated 0.1 $11M 513k 22.32
USA Mobility 0.1 $11M 400k 27.72
Petroleo Brasileiro SA (PBR) 0.1 $10M 144k 71.27
Coca-Cola Company (KO) 0.1 $10M 247k 40.31
Xto Energy 0.1 $9.9M 226k 43.94
North Fork Bancorporation Ny 0.1 $9.7M 354k 27.36
Iac Interactivecorp 0.1 $8.7M 308k 28.31
Procter & Gamble Company (PG) 0.1 $7.9M 136k 57.88
United Auto Group 0.1 $7.8M 205k 38.20
Usi Holdings Corporation 0.1 $7.8M 568k 13.77
FinishMaster 0.1 $6.6M 376k 17.55
Pennsylvania Commerce 0.1 $7.4M 233k 31.85
Levitt Corp Cl A 0.1 $6.8M 300k 22.74
National Medical Health Card S 0.1 $6.5M 241k 27.20
Bank of America Corporation (BAC) 0.0 $4.8M 105k 46.15
Home Depot (HD) 0.0 $5.8M 144k 40.48
Johnson & Johnson (JNJ) 0.0 $4.8M 80k 60.10
General Electric Company 0.0 $5.0M 143k 35.05
Corinthian Colleges 0.0 $4.9M 420k 11.78
International Business Machines (IBM) 0.0 $5.8M 70k 82.20
Credit Acceptance (CACC) 0.0 $5.1M 319k 16.10
Exxon Mobil Corp 0.0 $5.1M 90k 56.17
Contango Oil & Gas Company 0.0 $5.3M 461k 11.44
Alberto Culver - Class B 0.0 $6.0M 130k 45.75
Homestore 0.0 $5.1M 1.0M 5.10
American Home Mortgage Investment 0.0 $4.9M 150k 32.57
Microsoft Corporation (MSFT) 0.0 $3.5M 133k 26.15
Verisign (VRSN) 0.0 $4.4M 200k 21.92
CVS Caremark Corporation (CVS) 0.0 $4.3M 162k 26.42
BB&T Corporation 0.0 $4.6M 109k 41.91
Encana Corp 0.0 $4.5M 100k 45.16
Leap Wireless International 0.0 $4.2M 110k 37.88
Fremont General Corp 0.0 $4.7M 200k 23.23
Cnet Networks 0.0 $4.1M 282k 14.69
Diagnostic Products 0.0 $4.1M 85k 48.55
Whiting Petroleum Corporation 0.0 $4.0M 100k 40.00
Suntrust Banks Inc $1.00 Par Cmn 0.0 $3.2M 45k 72.77
McDonald's Corporation (MCD) 0.0 $2.7M 81k 33.72
Daimler Ag reg (MBGAF) 0.0 $2.3M 46k 51.02
Pfizer (PFE) 0.0 $2.2M 94k 23.32
Walt Disney Company (DIS) 0.0 $2.3M 96k 23.97
Beazer Homes USA 0.0 $2.2M 30k 72.83
Heartland Express (HTLD) 0.0 $2.5M 126k 20.29
Wells Fargo & Company (WFC) 0.0 $2.2M 35k 62.83
Intel Corporation (INTC) 0.0 $2.3M 94k 24.96
Morgan Stanley (MS) 0.0 $2.1M 37k 56.73
Avid Technology 0.0 $2.1M 39k 54.75
Marsh & McLennan Companies (MMC) 0.0 $2.8M 89k 31.77
Jacobs Engineering 0.0 $3.2M 47k 67.88
D.R. Horton (DHI) 0.0 $2.5M 71k 35.73
International Speedway Corporation 0.0 $2.3M 48k 47.51
St. Joe Company (JOE) 0.0 $3.4M 50k 67.22
Paccar (PCAR) 0.0 $2.9M 42k 69.23
Thor Industries (THO) 0.0 $2.3M 59k 40.07
First National Bank Alaska (FBAK) 0.0 $2.7M 1.2k 2215.16
World Acceptance (WRLD) 0.0 $2.4M 84k 28.50
HCC Insurance Holdings 0.0 $2.2M 75k 29.68
C H Robinson Worldwide 0.0 $2.2M 60k 37.03
Mercantile Bankshares 0.0 $3.0M 54k 56.45
Gladstone Commercial Corporation (GOOD) 0.0 $2.2M 133k 16.49
BP (BP) 0.0 $1.5M 23k 64.21
HSBC Holdings (HSBC) 0.0 $1.5M 19k 80.48
JPMorgan Chase & Co. (JPM) 0.0 $1.7M 42k 39.68
Leucadia National 0.0 $769k 16k 47.47
U.S. Bancorp (USB) 0.0 $774k 26k 29.88
Merck & Co 0.0 $1.7M 53k 31.82
Wyeth 0.0 $884k 19k 46.07
PetSmart 0.0 $1.3M 52k 25.66
Comerica Incorporated (CMA) 0.0 $1.3M 22k 56.75
General Motors Corp 0.0 $1.3M 69k 19.43
Health Management Associates 0.0 $1.6M 71k 21.96
Allstate Corporation (ALL) 0.0 $1.3M 23k 54.06
Amgen (AMGN) 0.0 $798k 10k 78.85
Pepsi (PEP) 0.0 $1.4M 23k 59.06
Royal Dutch Shell 0.0 $1.6M 27k 61.51
Federal National Mortgage Association (FNMA) 0.0 $813k 17k 48.78
Dell 0.0 $1.9M 63k 29.99
Illinois Tool Works (ITW) 0.0 $1.7M 19k 88.00
Wrigley 0.0 $1.6M 24k 66.48
Wesco Financial Corporation 0.0 $824k 2.1k 385.05
Merrill Lynch & Co. 0.0 $715k 11k 67.77
Sturm, Ruger & Company (RGR) 0.0 $914k 130k 7.01
Advance Auto Parts (AAP) 0.0 $1.3M 31k 43.45
Standard Pacific 0.0 $1.5M 40k 36.80
Vornado Realty Trust (VNO) 0.0 $1.3M 16k 83.48
City National Corporation 0.0 $724k 10k 72.40
Drew Industries 0.0 $956k 34k 28.19
TCF Financial Corporation 0.0 $1.6M 58k 27.14
Aaron's 0.0 $939k 49k 19.20
M & T Bank Corp 0.0 $709k 6.5k 109.08
Nelnet (NNI) 0.0 $1.4M 36k 40.67
Tom Online 0.0 $1.7M 88k 19.82
Exploration 0.0 $1.5M 233k 6.46
Bowater 0.0 $705k 23k 30.72
Unitedhealth Group 0.0 $1.3M 21k 62.16
Loews Corporation (L) 0.0 $417k 4.4k 94.77
Hartford Financial Services (HIG) 0.0 $398k 4.6k 85.91
Charles Schwab Corporation (SCHW) 0.0 $147k 10k 14.70
State Street Corporation (STT) 0.0 $584k 11k 55.46
PNC Financial Services (PNC) 0.0 $245k 4.0k 61.84
Ameriprise Financial (AMP) 0.0 $304k 7.4k 41.06
SEI Investments Company (SEIC) 0.0 $370k 10k 37.00
Abbott Laboratories (ABT) 0.0 $660k 17k 39.42
Eli Lilly & Co. (LLY) 0.0 $348k 6.2k 56.53
Comcast Corporation 0.0 $365k 14k 25.69
Tyco Intl 0.0 $280k 9.7k 28.86
Chevron Corporation (CVX) 0.0 $268k 4.7k 56.71
Pulte (PHM) 0.0 $394k 10k 39.40
Medco Health Solutions 0.0 $204k 3.7k 55.69
Bristol Myers Squibb (BMY) 0.0 $361k 16k 23.01
Interactive Data Corporation 0.0 $318k 14k 22.71
Kimberly-Clark Corporation (KMB) 0.0 $447k 7.5k 59.70
Automatic Data Processing (ADP) 0.0 $391k 8.5k 45.93
Dow Chemical Company 0.0 $201k 4.6k 43.78
Simpson Manufacturing (SSD) 0.0 $363k 10k 36.30
Harley-Davidson (HOG) 0.0 $204k 4.0k 51.58
Vulcan Materials Company (VMC) 0.0 $393k 5.8k 67.76
Briggs & Stratton Corporation 0.0 $217k 5.6k 38.75
Liz Claiborne 0.0 $313k 8.7k 35.78
Nokia Corporation (NOK) 0.0 $502k 27k 18.30
Emerson Electric (EMR) 0.0 $220k 3.0k 74.58
Mellon Financial Corp. 0.0 $230k 6.7k 34.30
Mettler-Toledo International (MTD) 0.0 $254k 4.6k 55.22
Varco International 0.0 $681k 20k 33.80
ConocoPhillips (COP) 0.0 $409k 7.0k 58.20
GlaxoSmithKline 0.0 $223k 4.4k 50.37
Royal Dutch Shell 0.0 $240k 3.7k 64.57
Schlumberger (SLB) 0.0 $269k 2.8k 97.11
Wachovia Corp 0.0 $541k 10k 52.89
Ford Motor Company (F) 0.0 $177k 23k 7.74
Stericycle (SRCL) 0.0 $212k 3.6k 58.89
Bank Of New York 0.0 $289k 9.1k 31.81
St Paul Travelers Cos 0.0 $587k 13k 44.64
Sara Lee 0.0 $404k 21k 18.88
Gannett 0.0 $332k 5.5k 60.64
Hershey Company (HSY) 0.0 $337k 6.1k 55.25
General Growth Properties 0.0 $303k 6.5k 46.98
Cousins Properties 0.0 $567k 20k 28.31
Overstock (BYON) 0.0 $281k 10k 28.10
Applied Materials (AMAT) 0.0 $595k 33k 17.93
Aptar (ATR) 0.0 $371k 7.1k 52.25
Highwoods Properties (HIW) 0.0 $542k 19k 28.45
Robert Half International (RHI) 0.0 $379k 10k 37.90
Young Broadcasting 0.0 $377k 145k 2.60
Varian Medical Systems 0.0 $235k 4.7k 50.27
Royal Palm Beach Col 0.0 $11k 14k 0.79
MFS Intermediate Income Trust (MIN) 0.0 $97k 16k 6.26
Central Securities (CET) 0.0 $290k 12k 23.84
Sears Holdings Corporation 0.0 $636k 5.5k 115.51
Wpp Group Plc New Amer Dep Sha 0.0 $540k 10k 54.02
Arctic Cat 0.0 $666k 33k 20.06
Lennar Corporation (LEN.B) 0.0 $546k 9.6k 56.73
Amazon (AMZN) 0.0 $318k 6.8k 47.11
Direct General Corp 0.0 $270k 16k 16.88
Marshall & Ilsley Corp 0.0 $369k 8.6k 43.03
Forest Laboratories 0.0 $411k 10k 40.67
Zimmer Holdings (ZBH) 0.0 $266k 3.9k 67.36
Bowl America Incorporated 0.0 $229k 17k 13.67
CNA Financial Corporation (CNA) 0.0 $264k 8.1k 32.79
Mocon 0.0 $186k 20k 9.30
OPT-Sciences (OPST) 0.0 $106k 16k 6.50
Sunshine Pcs Corp 0.0 $1.1k 11k 0.10
Bedford Property Investors 0.0 $461k 21k 21.93
Center Financial Corporation 0.0 $349k 14k 25.15
Domino's Pizza (DPZ) 0.0 $614k 25k 24.20