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

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Feb 16, 2007
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.


New Purchases: CRESY, EBAY, FBAK.OB, FMST.PK, MRO, MTB, NOBH, VCP, VMC,


Added Positions: CBS, COF, DOW, HSY, KNX, NNI, RNT-A, ROP,


Reduced Positions: AAP, AMZN, CFC, CMCSK, DCX, DELL, DW, FITB, IACI, NFLX, PKX, VNO, WB, WLP,


Sold Out: BOW, CBG, ECLG, F, LEV, MDP, NFB, NVR, STA, VRSN, WYE,