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Arman Gokgol-Kline - Sequoia Fund

  • Updated August 16, 2024

Profile

Company: Ruane, Cunniff & Goldfarb || Position: Analyst, Investment committee member

Date of employment: 2002 || Website: https://www.sequoiafund.com/

Over the years, Arman Gokgol-Kline has become the primary spokesperson on behalf of the Sequoia Fund, which is part of the investment firm Ruane, Cunniff & Goldfarb. Arman holds a BA with Honors in Economics and Biology from Colby College. He started his career as an Investment Manager at Merrill Lynch & Co, then as an analyst in their Global Equity Research Department before joining Ruane, Cunniff & Goldfarb as an analyst in 2002. A job he has held ever since.

The Sequoia Foundation was founded in 1970 by Warren Buffett’s old college friend from Columbia, Bill Ruane. In fact, it was Bill Ruane and the Sequoia Fund that Buffett referred his partners to when he closed his own partnership in 1969. A better reference could hardly be given and Sequoia has not disappointed its investors. Since its inception, the fund has returned around 13% compared to just under 11% for the S&P 500. It may not sound like much, but if you had invested at the inception of the fund, your actual return would be double that of the S&P500.

Investment philosophy

Sequoia owns high-quality companies run by a strong management team that can return earnings faster than the S&P 500. They see themselves as business owners and hold the companies in their portfolio over a long time horizon. The investment team focuses on in-depth fundamental analysis and buys companies when they trade at a lower price than a conservative businessman would pay.

Portfolio

Portfolio reported: 30/6-2024

Portfolio published: 15/8-2024

Number of companies: 37

Portfolio value (USD 1000): 6,417,106

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Data source: SEC EDGAR Production: Børsgade

* Number: The number of shares reported by the company to the Securities and Exchange Commission (SEC) in 13F filings.

** Reported price: The price the stock had at the time of the portfolio’s publication, e.g. 31/12. This is the last known price at which the stock is held in the portfolio.

Breakdown by sector

InvestorNews & Articles


Sequoia: Why we have changed our positions in Netflix, Meta, Netflix and Disney


February 16, 2023

In Sequoia’s Q4 2022 update, Arman Gokgol-Kline, Partner and member of their Investment Committee, gives his assessment of several interesting companies in their portfolio. The discussion has a particular focus on Netflix and Meta, as these are two positions that he describes as “mistakes” on Sequoia’s part in 2022. However, they have both bought and sold Netflix in 2022 and Meta is still a position in the portfolio. Hear why

Disclaimer

The above has been prepared by Børsgade ApS for information purposes only and cannot be regarded as a solicitation or recommendation to buy or sell any security. Nor can the information etc. be regarded as recommendations or advice of a legal, accounting or tax nature. Børsgade cannot be held liable for losses caused by customers’/users’ actions – or lack thereof – based on the information in the above. We have made every effort to ensure that the information in the above is complete and accurate, but cannot guarantee this and accept no liability for errors or omissions.

Readers are advised that investing may involve a risk of loss that cannot be determined in advance, and that past performance and price development cannot be used as a reliable indicator of future performance and price development. For further information please contact info@borsgade.dk

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