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Ruane Cunniff Buys Votorantim Celulose e Papel S., FINISHMASTER INC, Cresud Inc., Sells Bowater Inc., Wyeth, VeriSign Inc.

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When Warren Buffett disolved his limited partnership is 1960s, he directed his clients to Bill Ruane. That was when value firm Ruane Cunniff & Goldfarb Inc was founded. This is the updates of their buys and sells during the 4th quarter of 2006.

Ruane Cunniff buys Votorantim Celulose e Papel S., FINISHMASTER INC, Cresud Inc., First National Bank Alaska, M&T Bank Corp., EBay Inc., Marathon Oil Corp., Nobility Homes Inc., Vulcan Materials Co., sells Bowater Inc., Wyeth, VeriSign Inc., St. Paul Travelers Companies I, NVR Inc., Meredith Corp., Levitt Corp., Ford Motor Co., ECollege.com, CB Richard Ellis Group Inc., North Fork Bancorp., Inc. during the 3-months ended 12/31/2006, according to the most recent filings of his investment company, RUANE & CUNNIFF & GOLDFARB INC. Ruane Cunniff owns 221 stocks with a total value of $13.1 billion. These are the details of the buys and sells.

Added: Knight Transportation Inc. (KNX)

Ruane Cunniff added to his holdings in Trucking company Knight Transportation Inc. by 879.68%. His purchase prices were between $16.95 and $18.85, with an estimated average price of $18. The impact to his portfolio due to this purchase was 1.64%. His holdings was 14,052,135 shares as of 12/31/2006. Knight Transportation Inc. closed today at $19.34.

Added: Capital One Financial Corp. (COF)

Ruane Cunniff added to his holdings in Consumer Finance company Capital One Financial Corp. by 32.06%. His purchase prices were between $75.38 and $81.61, with an estimated average price of $78. The impact to his portfolio due to this purchase was 0.08%. His holdings was 557,078 shares as of 12/31/2006. Capital One Financial Corp. closed today at $82.35.

Added: Nelnet Inc. (NNI)

Ruane Cunniff added to his holdings in Consumer Finance company Nelnet Inc. by 200%. His purchase prices were between $25.55 and $29.98, with an estimated average price of $27.9. The impact to his portfolio due to this purchase was 0.04%. His holdings was 300,000 shares as of 12/31/2006. Nelnet Inc. closed today at $26.16.

Added: Roper Industries Inc. (ROP)

Ruane Cunniff added to his holdings in Electronic Equipment company Roper Industries Inc. by 150.99%. His purchase prices were between $44.82 and $51.18, with an estimated average price of $48.8. The impact to his portfolio due to this purchase was 0.01%. His holdings was 16,623 shares as of 12/31/2006. Roper Industries Inc. closed today at $51.74.

Added: Hershey Co. (HSY)

Ruane Cunniff added to his holdings in Food Products company Hershey Co. by 35.08%. His purchase prices were between $49.65 and $53.11, with an estimated average price of $51.6. The impact to his portfolio due to this purchase was less than 0.01%. His holdings was 8,240 shares as of 12/31/2006. Hershey Co. closed today at $52.1.

Added: Dow Chemical Co. (DOW)

Ruane Cunniff added to his holdings in Commodity Chemicals company Dow Chemical Co. by 88.22%. His purchase prices were between $38.57 and $40.8, with an estimated average price of $39.8. The impact to his portfolio due to this purchase was less than 0.01%. His holdings was 19,934 shares as of 12/31/2006. Dow Chemical Co. closed today at $43.54.

Added: Aaron Rents Inc CL A (RNT-A)

Ruane Cunniff added to his holdings in Specialty Retailers company Aaron Rents Inc CL A by 25.8%. His purchase prices were between $21.2 and $25.88, with an estimated average price of $23.7. The impact to his portfolio due to this purchase was less than 0.01%. His holdings was 61,831 shares as of 12/31/2006. Aaron Rents Inc CL A closed today at $26.52.

Added: CBS CORP CL B (CBS)

Ruane Cunniff added to his holdings in Media company CBS CORP CL B by 91.2%. His purchase prices were between $27.74 and $31.99, with an estimated average price of $29.7. The impact to his portfolio due to this purchase was less than 0.01%. His holdings was 28,629 shares as of 12/31/2006. CBS CORP CL B closed today at $31.88.

New Purchase: Votorantim Celulose e Papel S. (VCP)

Ruane Cunniff initiated holdings in Paper company Votorantim Celulose e Papel S.. His purchase prices were between $16.58 and $19.65, with an estimated average price of $18.2. The impact to his portfolio due to this purchase was 0.15%. His holdings was 980,300 shares as of 12/31/2006. Votorantim Celulose e Papel S. closed today at $19.48.

New Purchase: FINISHMASTER INC (FMST.PK)

Ruane Cunniff initiated holdings in Business Support Services company FINISHMASTER INC. His purchase prices were between $27 and $29.5, with an estimated average price of $28.1. The impact to his portfolio due to this purchase was 0.07%. His holdings was 375,632 shares as of 12/31/2006. FINISHMASTER INC closed today at $27.35.

New Purchase: Cresud Inc. (CRESY)

Ruane Cunniff initiated holdings in Food Products company Cresud Inc.. His purchase prices were between $14.73 and $17.51, with an estimated average price of $16.2. The impact to his portfolio due to this purchase was 0.03%. His holdings was 200,000 shares as of 12/31/2006. Cresud Inc. closed today at $19.

New Purchase: First National Bank Alaska (FBAK.OB)

Ruane Cunniff initiated holdings in Banks company First National Bank Alaska. His purchase prices were between $1975.61 and $2090, with an estimated average price of $2011.5. The impact to his portfolio due to this purchase was 0.02%. His holdings was 1,004 shares as of 12/31/2006. First National Bank Alaska closed today at $2100.

New Purchase: M&T Bank Corp. (MTB)

Ruane Cunniff initiated holdings in Banks company M&T Bank Corp.. His purchase prices were between $118.39 and $122.57, with an estimated average price of $120.5. The impact to his portfolio due to this purchase was 0.01%. His holdings was 6,278 shares as of 12/31/2006. M&T Bank Corp. closed today at $124.13.

New Purchase: Marathon Oil Corp. (MRO)

Ruane Cunniff initiated holdings in Integrated Oil & Gas company Marathon Oil Corp.. His purchase prices were between $76.52 and $95.65, with an estimated average price of $89. The impact to his portfolio due to this purchase was less than 0.01%. His holdings was 2,175 shares as of 12/31/2006. Marathon Oil Corp. closed today at $91.27.

New Purchase: Vulcan Materials Co. (VMC)

Ruane Cunniff initiated holdings in Building Materials & Fixtures company Vulcan Materials Co.. His purchase prices were between $79.1 and $90.8, with an estimated average price of $85.9. The impact to his portfolio due to this purchase was less than 0.01%. His holdings was 2,300 shares as of 12/31/2006. Vulcan Materials Co. closed today at $112.31.

New Purchase: EBay Inc. (EBAY)

Ruane Cunniff initiated holdings in Specialized Consumer Services company EBay Inc.. His purchase prices were between $29.39 and $33.74, with an estimated average price of $31.6. The impact to his portfolio due to this purchase was less than 0.01%. His holdings was 9,534 shares as of 12/31/2006. EBay Inc. closed today at $33.66.

New Purchase: Nobility Homes Inc. (NOBH)

Ruane Cunniff initiated holdings in Home Construction company Nobility Homes Inc.. His purchase prices were between $26.18 and $26.98, with an estimated average price of $26.6. The impact to his portfolio due to this purchase was less than 0.01%. His holdings was 8,665 shares as of 12/31/2006. Nobility Homes Inc. closed today at $25.58.

Reduced: Countrywide Financial Corp. (CFC)

Ruane Cunniff reduced to his holdings in Mortgage Finance company Countrywide Financial Corp. by 44.65%. His sale prices were between $34.95 and $42.71, with an estimated average price of $39.1. The impact to his portfolio due to this sale was 0.57%. His still held 2,520,520 shares as of 12/31/2006. Countrywide Financial Corp. closed today at $41.82.

Reduced: WellPoint Inc. (WLP)

Ruane Cunniff reduced to his holdings in Health Care Providers company WellPoint Inc. by 43.07%. His sale prices were between $72.4 and $78.5, with an estimated average price of $76. The impact to his portfolio due to this sale was 0.22%. His still held 526,384 shares as of 12/31/2006. WellPoint Inc. closed today at $82.41.

Reduced: Netflix, Inc. (NFLX)

Ruane Cunniff reduced to his holdings in Specialty Retailers company Netflix, Inc. by 30.11%. His sale prices were between $22.24 and $29.46, with an estimated average price of $26.8. The impact to his portfolio due to this sale was 0.09%. His still held 615,050 shares as of 12/31/2006. Netflix, Inc. closed today at $22.5.

Reduced: POSCO (PKX)

Ruane Cunniff reduced to his holdings in Steel company POSCO by 61.64%. His sale prices were between $64.79 and $83.9, with an estimated average price of $74.9. The impact to his portfolio due to this sale was 0.04%. His still held 109,212 shares as of 12/31/2006. POSCO closed today at $95.5.

Reduced: Dell Inc. (DELL)

Ruane Cunniff reduced to his holdings in Computer Hardware company Dell Inc. by 45.51%. His sale prices were between $23.11 and $27.33, with an estimated average price of $25.1. The impact to his portfolio due to this sale was 0.03%. His still held 266,863 shares as of 12/31/2006. Dell Inc. closed today at $24.38.

Reduced: Fifth Third Bancorp (FITB)

Ruane Cunniff reduced to his holdings in Banks company Fifth Third Bancorp by 50.05%. His sale prices were between $37.6 and $41.38, with an estimated average price of $39.5. The impact to his portfolio due to this sale was 0.03%. His still held 173,794 shares as of 12/31/2006. Fifth Third Bancorp closed today at $40.97.

Reduced: Drew Industries Inc. (DW)

Ruane Cunniff reduced to his holdings in Building Materials & Fixtures company Drew Industries Inc. by 40.46%. His sale prices were between $25.68 and $28.24, with an estimated average price of $27. The impact to his portfolio due to this sale was 0.02%. His still held 157,219 shares as of 12/31/2006. Drew Industries Inc. closed today at $28.16.

Reduced: Advance Auto Parts Inc. (AAP)

Ruane Cunniff reduced to his holdings in Specialty Retailers company Advance Auto Parts Inc. by 60.61%. His sale prices were between $34.5 and $38.01, with an estimated average price of $36.1. The impact to his portfolio due to this sale was 0.01%. His still held 49,066 shares as of 12/31/2006. Advance Auto Parts Inc. closed today at $38.75.

Reduced: Wachovia Corp. (WB)

Ruane Cunniff reduced to his holdings in Banks company Wachovia Corp. by 83.07%. His sale prices were between $53.74 and $57.41, with an estimated average price of $55.3. The impact to his portfolio due to this sale was 0.01%. His still held 19,814 shares as of 12/31/2006. Wachovia Corp. closed today at $57.89.

Reduced: Vornado Realty Trust (VNO)

Ruane Cunniff reduced to his holdings in Real Estate Holding & Development company Vornado Realty Trust by 46.69%. His sale prices were between $109.9 and $125.1, with an estimated average price of $117.7. The impact to his portfolio due to this sale was 0.01%. His still held 8,564 shares as of 12/31/2006. Vornado Realty Trust closed today at $133.3.

Reduced: Daimlerchrysler AG (DCX)

Ruane Cunniff reduced to his holdings in Automobiles company Daimlerchrysler AG by 47.71%. His sale prices were between $50.12 and $61.79, with an estimated average price of $57.3. The impact to his portfolio due to this sale was less than 0.01%. His still held 7,478 shares as of 12/31/2006. Daimlerchrysler AG closed today at $70.25.

Reduced: Comcast CL A SPCL (CMCSK)

Ruane Cunniff reduced to his holdings in Broadcasting & Entertainment company Comcast CL A SPCL by 62.15%. His sale prices were between $37.05 and $42.47, with an estimated average price of $40.2. The impact to his portfolio due to this sale was less than 0.01%. His still held 5,594 shares as of 12/31/2006. Comcast CL A SPCL closed today at $40.8.

Reduced: IAC/InterActiveCorp (IACI)

Ruane Cunniff reduced to his holdings in Broadline Retailers company IAC/InterActiveCorp by 94.68%. His sale prices were between $29.5 and $38.45, with an estimated average price of $33.7. The impact to his portfolio due to this sale was less than 0.01%. His still held 10,175 shares as of 12/31/2006. IAC/InterActiveCorp closed today at $39.85.

Reduced: Amazon.com Inc. (AMZN)

Ruane Cunniff reduced to his holdings in Specialty Retailers company Amazon.com Inc. by 89.66%. His sale prices were between $32.57 and $42.55, with an estimated average price of $38.2. The impact to his portfolio due to this sale was less than 0.01%. His still held 10,000 shares as of 12/31/2006. Amazon.com Inc. closed today at $40.06.

Sold Out: Bowater Inc. (BOW)

Ruane Cunniff sold out his holdings in Paper company Bowater Inc.. His sale prices were between $19.98 and $22.74, with an estimated average price of $21.6. The impact to his portfolio due to this sale was less than 0.01%. Bowater Inc. closed today at $26.78.

Sold Out: Wyeth (WYE)

Ruane Cunniff sold out his holdings in Pharmaceuticals company Wyeth. His sale prices were between $47.8 and $51.95, with an estimated average price of $50.2. The impact to his portfolio due to this sale was less than 0.01%. Wyeth closed today at $50.67.

Sold Out: CB Richard Ellis Group Inc. (CBG)

Ruane Cunniff sold out his holdings in Real Estate Holding & Development company CB Richard Ellis Group Inc.. His sale prices were between $23.7 and $33.83, with an estimated average price of $30.2. The impact to his portfolio due to this sale was less than 0.01%. CB Richard Ellis Group Inc. closed today at $37.25.

Sold Out: VeriSign Inc. (VRSN)

Ruane Cunniff sold out his holdings in Software company VeriSign Inc.. His sale prices were between $20.29 and $25.43, with an estimated average price of $22.9. The impact to his portfolio due to this sale was less than 0.01%. VeriSign Inc. closed today at $26.19.

Sold Out: St. Paul Travelers Companies I (STA)

Ruane Cunniff sold out his holdings in Property & Casualty Insurance company St. Paul Travelers Companies I. His sale prices were between $47.4 and $54.15, with an estimated average price of $51.1. The impact to his portfolio due to this sale was less than 0.01%. St. Paul Travelers Companies I closed today at $52.72.

Sold Out: NVR Inc. (NVR)

Ruane Cunniff sold out his holdings in Home Construction company NVR Inc.. His sale prices were between $532 and $646.25, with an estimated average price of $586.1. The impact to his portfolio due to this sale was less than 0.01%. NVR Inc. closed today at $730.31.

Sold Out: ECollege.com (ECLG)

Ruane Cunniff sold out his holdings in Specialized Consumer Services company ECollege.com. His sale prices were between $15.76 and $18.47, with an estimated average price of $16.9. The impact to his portfolio due to this sale was less than 0.01%. ECollege.com closed today at $16.85.

Sold Out: Ford Motor Co. (F)

Ruane Cunniff sold out his holdings in Automobiles company Ford Motor Co.. His sale prices were between $7.08 and $8.89, with an estimated average price of $8. The impact to his portfolio due to this sale was less than 0.01%. Ford Motor Co. closed today at $8.6.

Sold Out: Meredith Corp. (MDP)

Ruane Cunniff sold out his holdings in Publishing company Meredith Corp.. His sale prices were between $51.13 and $56.84, with an estimated average price of $53.7. The impact to his portfolio due to this sale was less than 0.01%. Meredith Corp. closed today at $59.82.

Sold Out: Levitt Corp. (LEV)

Ruane Cunniff sold out his holdings in Home Construction company Levitt Corp.. His sale prices were between $11.9 and $13.19, with an estimated average price of $12.5. The impact to his portfolio due to this sale was less than 0.01%. Levitt Corp. closed today at $13.83.

Sold Out: North Fork Bancorp., Inc. (NFB)

Ruane Cunniff sold out his holdings in Banks company North Fork Bancorp., Inc.. His sale prices were between $0 and $0, with an estimated average price of $28. The impact to his portfolio due to this sale was less than 0.01%. North Fork Bancorp., Inc. closed today at $28.07.

Rating: 3.0/5 (14 votes)

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