13F-HR 1 table.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2010 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Ruane, Cunniff & Goldfarb Inc. Address: 767 Fifth Avenue New York, New York 10153 Form 13F File Number: 28-154 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Mr. Joseph Quinones, Jr. Title: Chief Financial Officer Phone: (212) 832-5280 Signature, Place, and Date of Signing: /s/ Joseph Quinones, Jr. New York, NY 11/15/2010 _______________________ _____________________ _________ [Signature] [City, State] [Date] Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check her if no holdings reported are in this report, and all holdings are reported by other reporting manger(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: NONE 2 Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: None Form 13F Information Table Entry Total: 152 Form 13F Information Table Value Total: $8,845,175 [thousands] List of Other Included Managers: NONE 3 Ruane, Cunniff & Goldfarb Inc. FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 51 Job Inc Spons ADR COM 316827104 9284 247761 SH SOLE 246391 1370 Advance Auto Parts COM 00751y106 309324 5271362 SH SOLE 3246583 2034072 Alliance Data Sys Corp COM 018581108 3263 50000 SH SOLE 50000 Altria Group Inc COM 02209S103 2253 93792 SH SOLE 93792 American Express COM 025816109 62840 1495133 SH SOLE 640785 854906 American Public Ed Inc COM 02913V103 4420 134500 SH SOLE 131800 2700 Aon Corp. COM 037389103 32351 827170 SH SOLE 825000 2170 Apache Corp COM 037411105 431 4406 SH SOLE 4406 Apollo Group Inc Cl A COM 037604105 25778 502000 SH SOLE 501000 1000 Apple Computer COM 037833100 434 1530 SH SOLE 1530 Applied Materials COM 038222105 243 20832 SH SOLE 20832 Aptargroup COM 038336103 429 9400 SH SOLE 3000 6400 Arch Capital Group Ltd COM g0450a105 29283 349439 SH SOLE 328550 20889 Atlas Energy Inc. COM 049298102 10333 360800 SH SOLE 360000 800 Autozone Inc COM 053332102 2077 9075 SH SOLE 5825 3250 Axis Capital Holdings Ltd COM g0692u109 2322 70500 SH SOLE 70500 BP Amoco PLC ADR COM 055622104 284 6908 SH SOLE 6908 Bank of America Corp COM 060505104 494 37703 SH SOLE 37703 Bankatlantic Corp Inc Cl A COM 065908501 1039 1299312 SH SOLE 1299312 Becton Dickinson & Co. COM 075887109 105369 1421989 SH SOLE 904836 519072 Beltline Marsh LTD COM 080lp0372 62 62000 SH SOLE 62000 Berkshire Hathaway - Cl A COM 084670108 1241514 9972 SH SOLE 6497 3488 Berkshire Hathaway - Cl B COM 084670702 122101 1476784 SH SOLE 100157 1382216 Blue Earth Refineries COM G11999102 13 15000 SH SOLE 15000 Brown & Brown Inc. COM 115236101 67899 3363009 SH SOLE 2289273 1075137 C H Robinson Worldwide Inc COM 12541w209 276 3947 SH SOLE 3947 CVS Corp. COM 126650100 29603 940685 SH SOLE 841975 98710 Cabot Oil & Gas - Class A COM 127097103 9078 301500 SH SOLE 300000 1500 Cascade Bancorp COM 147154108 7 12500 SH SOLE 12500 Caterpillar COM 149123101 5927 75335 SH SOLE 75335 Chesapeake Energy Corp COM 165167107 48427 2138044 SH SOLE 2126456 12007 ChevronTexaco Corp COM 166764100 586 7229 SH SOLE 1232 5997 Citigroup Inc COM 172967101 288 73666 SH SOLE 8200 65466 City National Corp. COM 178566105 531 10000 SH SOLE 10000 Coca Cola Co. COM 191216100 23874 407959 SH SOLE 65358 342821 Comcast Corp. Spl Cl A COM 20030n200 653 38407 SH SOLE 38407 Concur Technologies Inc COM 206708109 84575 1710659 SH SOLE 1688000 22659 Costco Wholesale Corp COM 22160k105 49548 768299 SH SOLE 329838 438560 Cousins Properties Inc. COM 222795106 91 12748 SH SOLE 12748 Credit Acceptance Corp-Mich COM 225310101 6056 100000 SH SOLE 100000 Cresud SACIFYA Spon ADR Repstg COM 226406106 9708 605247 SH SOLE 605247 Crown Hldgs Inc COM 228368106 5044 176000 SH SOLE 175000 1000 Danaher Corp. COM 235851102 59646 1468760 SH SOLE 977048 491712 Dish Network Corp Class A COM 25470m109 16183 842425 SH SOLE 841625 800 Disney Walt COM 254687106 2098 63385 SH SOLE 63385 Drew Industries Inc COM 26168l205 262 12560 SH SOLE 1756 11286 Du Pont E I De Nemours & Co. COM 263534109 231 5169 SH SOLE 5169 EOG Resources Inc. COM 26875p101 46485 500000 SH SOLE 500000 Ebay Inc COM 278642103 545 22350 SH SOLE 21500 850 Education Management Corp COM 28139t101 29455 2006500 SH SOLE 2002500 4000 El Paso Corporation COM 28336l109 125 10131 SH SOLE 10131 Energizer Holdings Inc COM 29266r108 202 3011 SH SOLE 3011 Everest Re Group Ltd COM G3223R108 6563 75900 SH SOLE 75900 Expeditors Int'l of Wash. Inc. COM 302130109 21129 457044 SH SOLE 281620 175714 Exxon Mobil Corp COM 30131g103 36832 596077 SH SOLE 456366 140159 Fastenal Co COM 311900104 611700 11500282 SH SOLE 7239044 4276429 Fifth St Fin Corp COM 31678A103 2206 198000 SH SOLE 198000 Fifth Third Bancorp COM 316773100 1522 126509 SH SOLE 126509 Finishmaster Inc COM 31787p108 7419 375632 SH SOLE 375032 600 First Solar Inc COM 336433107 2650 17985 SH SOLE 11510 6475 GMX Resources Inc COM 38011m108 2542 523000 SH SOLE 523000 General Electric COM 369604103 6046 372081 SH SOLE 107880 264201 General Mills COM 370334104 384 10512 SH SOLE 10512 Genzyme COM 372917104 241 3400 SH SOLE 3400 Goldman Sachs Group Inc COM 38141g104 210081 1453045 SH SOLE 892318 562403 Google Inc Cl A COM 38259p508 331885 631213 SH SOLE 474194 157545 Greenlight Capital Re Ltd Cl A COM G4095J109 11053 441764 SH SOLE 441764 HDFC Bank Ltd ADR Repstg 3 Shs COM 40415f101 276 1498 SH SOLE 500 998 Heartland Express COM 422347104 1503 101057 SH SOLE 101057 Highwoods Properties Inc COM 431284108 537 16550 SH SOLE 16550 Home Depot COM 437076102 1291 40744 SH SOLE 40744 IBM COM 459200101 197845 1474912 SH SOLE 966457 510234 Idex Corp COM 45167R104 313 8822 SH SOLE 8822 Idexx Laboratories Corp. COM 45168D104 671214 10875140 SH SOLE 6929557 3957383 Illinois Tool Works COM 452308109 308 6543 SH SOLE 1116 5495 Intel Corp COM 458140100 325 16942 SH SOLE 13400 3542 Irsa Inversiones y Represen SA COM 450047204 1183 80000 SH SOLE 80000 JP Morgan Chase & Co. COM 46625h100 1695 44537 SH SOLE 44537 Johnson & Johnson COM 478160104 7078 114238 SH SOLE 30638 83603 Kraft Foods Inc Cl A COM 50075n104 2065 66907 SH SOLE 66907 Leucadia Nat'l COM 527288104 403 17067 SH SOLE 17067 Liberty Global Inc Class A COM 530555101 15405 500000 SH SOLE 500000 Lockheed Martin Corp. COM 539830109 625 8775 SH SOLE 8775 Loews COM 540424108 254 6700 SH SOLE 6000 700 Manpower COM 56418H100 5220 100000 SH SOLE 100000 Mastercard Inc COM 57636q104 127097 567398 SH SOLE 335747 232788 McDonalds COM 580135101 5625 75496 SH SOLE 75496 McGraw Hill COM 580645109 49792 1506120 SH SOLE 1500800 5320 Medco Health Solutions Inc. COM 58405u102 3914 75185 SH SOLE 46350 28835 Merck & Co. COM 58933y105 726 19732 SH SOLE 19732 Mettler-Toledo Intl Inc COM 592688105 9065 72850 SH SOLE 50357 22603 Microsoft COM 594918104 1381 56400 SH SOLE 7413 48987 Mohawk Industries COM 608190104 454513 8527443 SH SOLE 5656500 2873090 Move Inc. COM 62458m108 2229 999540 SH SOLE 966890 32650 Nokia Corp-Sponsored ADR Repst COM 654902204 134 13345 SH SOLE 11500 1845 O Reilly Automotive Inc COM 686091109 183980 3458262 SH SOLE 2811647 648788 Omnicom Group COM 681919106 117672 2980536 SH SOLE 1970365 1014830 Oracle Corp. COM 68389X105 289 10753 SH SOLE 10753 Pampa Hldgs SA Spon GDR Reg S COM 697660207 11578 1007680 SH SOLE 1000000 7680 Penn Va Corp COM 707882106 5228 325927 SH SOLE 324000 1927 PepsiCo COM 713448108 19926 299906 SH SOLE 202000 97906 Perrigo Co COM 714290103 111752 1740140 SH SOLE 1079323 662926 Petrohawk Energy Corp COM 716495106 6456 400000 SH SOLE 400000 Pfizer COM 717081103 262 15260 SH SOLE 6000 9260 Philip Morris Intl Inc. COM 718172109 6318 112785 SH SOLE 7500 105285 Pioneer Natural Resources Co. COM 723787107 31705 487540 SH SOLE 485700 1840 Praxair COM 74005P104 110992 1229689 SH SOLE 770731 460425 Precision Castparts Corp COM 740189105 397740 3123201 SH SOLE 1985705 1141825 Price T Rowe Group Inc COM 74144t108 203 4045 SH SOLE 4045 Primerica Inc COM 74164M108 75419 3707900 SH SOLE 3700000 7900 Procter & Gamble COM 742718109 9956 166011 SH SOLE 10300 155711 Progressive Corp. Ohio COM 743315103 3957 189604 SH SOLE 52469 137135 Proshares Short S&P 500 COM 74347R503 220 4500 SH SOLE 2000 2500 Quicksilver Resources Inc COM 74837r104 15032 1193000 SH SOLE 1193000 Range Resources Corp COM 75281a109 58071 1522980 SH SOLE 1520000 2980 Republic Services Inc Cl A COM 760759100 1921 63000 SH SOLE 63000 Resource America Inc Cl A COM 761195205 4521 796000 SH SOLE 796000 Ritchie Bros Auctioneers Inc COM 767744105 110446 5317553 SH SOLE 3298265 2028142 Robert Half Internat'l COM 770323103 208 8000 SH SOLE 8000 Roper Industries Inc New COM 776696106 304 4665 SH SOLE 4665 Royal Dutch Shell PLC Spon ADR COM 780259206 2170 35987 SH SOLE 35987 Royal Dutch Shell PLC Spon ADR COM 780259107 201 3414 SH SOLE 3414 SEI Investments Co COM 784117103 610 30000 SH SOLE 20000 10000 Schlumberger Ltd COM 806857108 208 3374 SH SOLE 3374 Sherwin Williams Co. COM 824348106 391 5201 SH SOLE 5201 Signature Group Holdings Inc COM 82670c100 11 15553 SH SOLE 1815 14099 Simpson Manufacturing Co Inc. COM 829073105 258 10000 SH SOLE 10000 Stericycle Inc. COM 858912108 459 6600 SH SOLE 6600 Strayer Education Inc COM 863236105 9070 51978 SH SOLE 50200 1778 Student Loan Corp COM 863902102 3136 105600 SH SOLE 105600 Sturm Ruger & Co. COM 864159108 149 10900 SH SOLE 5000 5900 Suntrust Banks COM 867914103 828 32052 SH SOLE 32052 TJX Cos - New COM 872540109 761728 17067614 SH SOLE 10814873 6276838 Target Corp COM 87612e106 225385 4217525 SH SOLE 2732815 1485577 Thermadyne Holdiings Corp COM 883435307 3391 240000 SH SOLE 240000 Thor Industries Inc COM 885160101 585 17516 SH SOLE 2123 16007 Trimble Navigation Ltd. COM 896239100 9447 269608 SH SOLE 178651 91091 U.S. Bancorp New - Del. COM 902973304 751 34756 SH SOLE 34756 Ultimate Software Group Inc COM 90385d107 31861 824560 SH SOLE 820000 4560 Ultra Petroleum Corp. COM 903914109 8417 200500 SH SOLE 200000 500 Valeant Pharmaceuticals Intern COM 91911k102 852322 34024824 SH SOLE 21399096 12661373 Verisk Analytics Class A COM 92345Y106 2063 73640 SH SOLE 22554 51390 Verizon Communications COM 077853109 313 9613 SH SOLE 9613 Visa Inc Class A COM 92826C839 106459 1433598 SH SOLE 920215 513767 WR Berkley Corp COM 084423102 43411 1603675 SH SOLE 1597500 6175 Wal-Mart Stores COM 931142103 187833 3509589 SH SOLE 2149611 1368981 Walgreen COM 931422109 960 28670 SH SOLE 28670 Washington Post - Class B COM 939640108 8517 21324 SH SOLE 20000 1324 Waters Corp COM 941848103 214 3020 SH SOLE 3020 West Pharmaceutical Svcs Inc C COM 955306105 1647 47995 SH SOLE 43000 4995 Willis Group Holdings Public L COM g96666105 20611 668750 SH SOLE 665850 2900 Young Broadcasting Inc Cl A COM 987434107 1 144865 SH SOLE 144865