Ruane, Cunniff & Goldfarb

Ruane, Cunniff & Goldfarb as of Sept. 30, 2006

Portfolio Holdings for Ruane, Cunniff & Goldfarb

Ruane, Cunniff & Goldfarb holds 227 positions in its portfolio as reported in the September 2006 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Berkshire Hathaway (BRK.A) 22.1 $2.9B 31k 95800.02
Progressive Corporation (PGR) 16.0 $2.1B 87M 24.54
Mohawk Industries (MHK) 7.2 $949M 13M 74.45
TJX Companies (TJX) 5.3 $707M 25M 28.03
Bed Bath & Beyond 5.1 $677M 18M 38.26
Expeditors International of Washington (EXPD) 4.5 $590M 13M 44.58
Fastenal Company (FAST) 3.3 $441M 11M 38.57
Target Corporation (TGT) 3.3 $440M 8.0M 55.25
IDEXX Laboratories (IDXX) 3.2 $428M 4.7M 91.14
Wal-Mart Stores (WMT) 2.8 $370M 7.5M 49.32
Brown & Brown (BRO) 2.8 $366M 12M 30.56
Walgreen Company 2.3 $310M 7.0M 44.39
MasterCard Incorporated (MA) 1.5 $200M 2.8M 70.35
Lowe's Companies (LOW) 1.3 $175M 6.2M 28.06
Berkshire Hathaway Inc. Class B 1.3 $174M 55k 3174.01
Apollo 1.2 $162M 3.3M 49.24
Countrywide Financial Corp 1.2 $160M 4.6M 35.04
American Express Company (AXP) 1.1 $139M 2.5M 56.08
O'Reilly Automotive 1.0 $138M 4.2M 33.21
Commerce Bancorp 1.0 $138M 3.8M 36.71
Tiffany & Co. 0.9 $116M 3.5M 33.20
American Intl Group 0.6 $81M 1.2M 66.26
WellPoint 0.5 $71M 925k 77.05
Bear Stearns Companies 0.5 $66M 471k 140.10
Accredited Home Lenders Holdin 0.5 $60M 1.7M 35.94
Danaher Corporation (DHR) 0.4 $59M 857k 68.67
Echostar Communications Corpor 0.3 $46M 1.4M 32.74
Costco Wholesale Corporation (COST) 0.3 $41M 834k 49.68
Guitar Center 0.3 $41M 919k 44.68
Axis Capital Holdings (AXS) 0.3 $40M 1.2M 34.69
Paccar (PCAR) 0.3 $40M 705k 57.02
Brookfield Asset Management 0.3 $35M 788k 44.34
Yum! Brands (YUM) 0.2 $33M 628k 52.05
Capital One Financial (COF) 0.2 $33M 422k 78.66
Laureate Education 0.2 $34M 702k 47.86
Concur Technologies 0.2 $29M 2.0M 14.55
Aaron's 0.2 $28M 1.2M 22.98
IndyMac Ban 0.2 $28M 671k 41.16
Investors Financial Svcs Corp 0.2 $26M 602k 43.08
Lennar Corporation (LEN) 0.2 $25M 542k 45.25
Willis Group Holdings 0.2 $25M 645k 38.00
Altria (MO) 0.2 $23M 305k 76.55
Knight Transportation 0.2 $24M 1.4M 16.95
Bank of the Ozarks 0.2 $22M 660k 33.87
Legg Mason 0.2 $21M 208k 100.86
Verisign (VRSN) 0.2 $21M 1.0M 20.20
Signature Bank (SBNY) 0.1 $20M 656k 30.93
Netflix (NFLX) 0.1 $20M 880k 22.78
Coca-Cola Company (KO) 0.1 $19M 420k 44.68
Pos (PKX) 0.1 $19M 285k 64.93
Citi 0.1 $17M 338k 49.67
Bankatlantic Corp Inc Cl A 0.1 $14M 996k 14.22
Fremont General Corp 0.1 $15M 1.1M 13.99
Aon Corporation 0.1 $13M 380k 33.87
Pepsi (PEP) 0.1 $13M 202k 65.26
Fifth Third Ban (FITB) 0.1 $13M 348k 38.08
Quicksilver Resources 0.1 $13M 413k 31.90
J.C. Penney Company 0.1 $12M 172k 68.39
Procter & Gamble Company (PG) 0.1 $12M 198k 61.98
Southwestern Energy Company 0.1 $12M 393k 29.87
Petroleo Brasileiro SA (PBR) 0.1 $11M 132k 83.83
Anheuser-busch Cos 0.1 $11M 228k 47.51
Aracruz Celulose 0.1 $10M 200k 49.77
Dell 0.1 $11M 490k 22.84
Pool Corporation (POOL) 0.1 $10M 261k 38.50
Washington Post Company 0.1 $10M 14k 736.99
North Fork Bancorporation Ny 0.1 $10M 351k 28.64
Xto Energy 0.1 $9.5M 227k 42.13
Patterson Companies (PDCO) 0.1 $9.8M 292k 33.61
United Auto Group 0.1 $9.6M 410k 23.40
NVR (NVR) 0.1 $9.4M 18k 534.97
Golden West Financial Corp 0.1 $7.9M 103k 77.25
FinishMaster 0.1 $7.9M 376k 21.00
Tom Online 0.1 $8.3M 688k 12.02
Franklin Electric (FELE) 0.1 $6.1M 116k 53.14
Drew Industries 0.1 $6.7M 264k 25.26
Exxon Mobil Corp 0.1 $6.3M 94k 67.10
Pennsylvania Commerce 0.1 $6.1M 233k 26.25
Bank of America Corporation (BAC) 0.0 $5.5M 103k 53.57
Home Depot (HD) 0.0 $4.7M 131k 36.27
Johnson & Johnson (JNJ) 0.0 $5.4M 83k 64.95
Iac Interactivecorp 0.0 $5.5M 191k 28.76
Ryland 0.0 $4.8M 110k 43.21
General Electric Company 0.0 $5.6M 160k 35.30
International Business Machines (IBM) 0.0 $5.3M 65k 81.94
St. Joe Company (JOE) 0.0 $5.8M 105k 54.87
HDFC Bank (HDB) 0.0 $5.1M 83k 61.05
Contango Oil & Gas Company 0.0 $5.4M 461k 11.83
Microsoft Corporation (MSFT) 0.0 $3.6M 131k 27.35
Wells Fargo & Company (WFC) 0.0 $4.1M 112k 36.18
CVS Caremark Corporation (CVS) 0.0 $4.3M 134k 32.12
BB&T Corporation 0.0 $4.6M 104k 43.78
D.R. Horton (DHI) 0.0 $3.7M 155k 23.95
Advance Auto Parts (AAP) 0.0 $4.1M 125k 32.94
USA Mobility 0.0 $4.6M 201k 22.84
World Acceptance (WRLD) 0.0 $3.7M 84k 43.98
Levitt Corp Cl A 0.0 $3.5M 300k 11.76
Suntrust Banks Inc $1.00 Par Cmn 0.0 $3.1M 40k 77.27
McDonald's Corporation (MCD) 0.0 $3.2M 81k 39.12
Merck & Co 0.0 $2.1M 50k 41.90
Pfizer (PFE) 0.0 $2.5M 88k 28.36
Walt Disney Company (DIS) 0.0 $3.0M 98k 30.91
Morgan Stanley (MS) 0.0 $2.3M 32k 72.91
Jacobs Engineering 0.0 $2.7M 36k 74.72
Illinois Tool Works (ITW) 0.0 $2.1M 48k 44.90
Thor Industries (THO) 0.0 $2.8M 68k 41.17
First National Bank Alaska (FBAK) 0.0 $2.0M 1.0k 2004.98
Smithfield Foods 0.0 $2.3M 84k 27.02
Midland 0.0 $2.6M 60k 43.32
C H Robinson Worldwide 0.0 $2.9M 65k 44.58
Nelnet (NNI) 0.0 $3.1M 100k 30.74
Amazon (AMZN) 0.0 $3.1M 97k 32.12
Exploration 0.0 $2.2M 233k 9.57
HCC Insurance Holdings 0.0 $2.7M 83k 32.88
Ecollege 0.0 $2.2M 140k 15.99
BP (BP) 0.0 $1.5M 23k 65.60
HSBC Holdings (HSBC) 0.0 $1.5M 17k 91.50
JPMorgan Chase & Co. (JPM) 0.0 $1.9M 40k 46.96
U.S. Bancorp (USB) 0.0 $721k 22k 33.21
Daimler Ag reg (MBGAF) 0.0 $714k 14k 49.93
Abbott Laboratories (ABT) 0.0 $716k 15k 48.57
Wyeth 0.0 $869k 17k 50.85
Beazer Homes USA 0.0 $1.2M 30k 39.03
Heartland Express (HTLD) 0.0 $1.6M 101k 15.68
PetSmart 0.0 $870k 31k 27.75
Intel Corporation (INTC) 0.0 $910k 44k 20.56
Comerica Incorporated (CMA) 0.0 $682k 12k 56.91
Avid Technology 0.0 $987k 27k 36.42
General Motors Corp 0.0 $1.7M 52k 33.27
Health Management Associates 0.0 $798k 38k 20.90
Allstate Corporation (ALL) 0.0 $733k 12k 62.69
Amgen (AMGN) 0.0 $688k 9.6k 71.52
Royal Dutch Shell 0.0 $2.0M 30k 66.09
Federal National Mortgage Association (FNMA) 0.0 $849k 15k 55.89
Sturm, Ruger & Company (RGR) 0.0 $1.0M 135k 7.74
Csk Auto Corp 0.0 $709k 50k 14.10
Standard Pacific 0.0 $940k 40k 23.50
Vornado Realty Trust (VNO) 0.0 $1.8M 16k 109.00
Cousins Properties 0.0 $685k 20k 34.21
City National Corporation 0.0 $671k 10k 67.10
Highwoods Properties (HIW) 0.0 $709k 19k 37.22
TCF Financial Corporation 0.0 $1.5M 58k 26.29
Aaron's 0.0 $1.0M 49k 21.00
Sears Holdings Corporation 0.0 $870k 5.5k 158.01
Synovus Financial 0.0 $1.2M 42k 29.36
M & T Bank Corp 0.0 $764k 6.4k 119.94
Cnet Networks 0.0 $977k 102k 9.58
Loews Corporation (L) 0.0 $500k 13k 37.88
El Paso Corporation 0.0 $142k 10k 13.61
BlackRock (BLK) 0.0 $277k 1.9k 149.00
Hartford Financial Services (HIG) 0.0 $350k 4.0k 86.78
Leucadia National 0.0 $644k 25k 26.18
State Street Corporation (STT) 0.0 $657k 11k 62.39
PNC Financial Services (PNC) 0.0 $240k 3.3k 72.46
Ameriprise Financial (AMP) 0.0 $251k 5.4k 46.85
Moody's Corporation (MCO) 0.0 $424k 6.5k 65.35
Eli Lilly & Co. (LLY) 0.0 $339k 6.0k 56.92
Comcast Corporation 0.0 $544k 15k 36.80
CBS Corporation 0.0 $422k 15k 28.18
Tyco Intl 0.0 $218k 7.8k 28.00
Chevron Corporation (CVX) 0.0 $522k 8.0k 64.86
Pulte (PHM) 0.0 $350k 11k 31.82
Bristol Myers Squibb (BMY) 0.0 $344k 14k 24.89
3M Company (MMM) 0.0 $249k 3.4k 74.33
Apache Corporation 0.0 $263k 4.2k 63.28
International Game Technology 0.0 $359k 8.7k 41.45
Kimberly-Clark Corporation (KMB) 0.0 $293k 4.5k 65.29
T. Rowe Price (TROW) 0.0 $237k 5.0k 47.78
Sherwin-Williams Company (SHW) 0.0 $357k 6.4k 55.82
Automatic Data Processing (ADP) 0.0 $318k 6.7k 47.37
Dow Chemical Company 0.0 $413k 11k 39.00
Simpson Manufacturing (SSD) 0.0 $270k 10k 27.00
Harley-Davidson (HOG) 0.0 $243k 3.9k 62.71
Millipore Corp. 0.0 $418k 6.8k 61.25
Liz Claiborne 0.0 $254k 6.4k 39.55
Laboratory Corp. of America Holdings 0.0 $257k 3.9k 65.58
Nokia Corporation (NOK) 0.0 $576k 29k 19.71
UCBH Holdings 0.0 $524k 30k 17.47
Emerson Electric (EMR) 0.0 $247k 3.0k 83.73
Mettler-Toledo International (MTD) 0.0 $304k 4.6k 66.09
Energizer Holdings 0.0 $231k 3.2k 71.87
Apple (AAPL) 0.0 $258k 3.4k 77.01
ConocoPhillips (COP) 0.0 $484k 8.1k 59.55
GlaxoSmithKline 0.0 $241k 4.5k 53.24
Marsh & McLennan Companies (MMC) 0.0 $337k 12k 28.18
Royal Dutch Shell 0.0 $254k 3.7k 68.33
Schlumberger (SLB) 0.0 $468k 7.5k 62.07
Wachovia Corp 0.0 $518k 9.3k 55.82
Ford Motor Company (F) 0.0 $169k 21k 8.09
Stericycle (SRCL) 0.0 $293k 4.2k 69.76
Bank Of New York 0.0 $306k 8.7k 35.23
Genentech 0.0 $207k 2.5k 82.80
St Paul Travelers Cos 0.0 $230k 4.9k 46.83
Wrigley 0.0 $653k 14k 46.09
CB Richard Ellis 0.0 $356k 15k 24.61
International Speedway Corporation 0.0 $278k 5.6k 49.80
Markel Corporation (MKL) 0.0 $295k 718.00 410.86
Merrill Lynch & Co. 0.0 $591k 7.6k 78.28
Hershey Company (HSY) 0.0 $326k 6.1k 53.44
International Speedway Corporation 0.0 $532k 11k 49.81
General Growth Properties 0.0 $307k 6.5k 47.60
Applied Materials (AMAT) 0.0 $612k 35k 17.74
Aptar (ATR) 0.0 $351k 6.9k 50.87
Cascade Ban (CACB) 0.0 $375k 10k 37.50
IDEX Corporation (IEX) 0.0 $326k 7.6k 43.02
Oracle Corporation (ORCL) 0.0 $177k 10k 17.70
Robert Half International (RHI) 0.0 $340k 10k 34.00
Roper Industries (ROP) 0.0 $296k 6.6k 44.69
Ultimate Software 0.0 $235k 10k 23.50
Young Broadcasting 0.0 $333k 145k 2.30
Royal Palm Beach Col 0.0 $11k 14k 0.79
Genzyme Corporation 0.0 $229k 3.4k 67.35
Hugoton Royalty Trust (HGTXU) 0.0 $356k 14k 26.37
MFS Intermediate Income Trust (MIN) 0.0 $95k 16k 6.13
Central Securities (CET) 0.0 $315k 12k 25.90
Wpp Group Plc New Amer Dep Sha 0.0 $210k 3.4k 61.62
Arctic Cat 0.0 $234k 14k 16.60
Lennar Corporation (LEN.B) 0.0 $403k 9.6k 42.03
Nuveen Investments 0.0 $336k 6.6k 51.20
Direct General Corp 0.0 $148k 11k 13.45
Marshall & Ilsley Corp 0.0 $360k 7.5k 48.19
Forest Laboratories 0.0 $374k 7.4k 50.63
Umpqua Holdings Corporation 0.0 $213k 7.4k 28.59
Zimmer Holdings (ZBH) 0.0 $206k 3.1k 67.45
Bowater 0.0 $262k 13k 20.55
Fischer Scientific Intl 0.0 $554k 7.1k 78.18
Meredith Corporation 0.0 $379k 7.7k 49.32