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: March 31, 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 05/14/2010 _______________________ _____________________ _________ [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: 156 Form 13F Information Table Value Total: $7,849,302 [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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M Company COM 88579y101 381 4564 SH SOLE 4564 51 Job Inc Spons ADR COM 316827104 9001 500345 SH SOLE 498950 1395 Advance Auto Parts COM 00751y106 235291 5612847 SH SOLE 3567442 2054698 Alliance Data Sys Corp COM 018581108 3200 50000 SH SOLE 50000 Altria Group Inc COM 02209S103 1997 97342 SH SOLE 97342 American Express COM 025816109 63180 1531268 SH SOLE 659510 872316 Amgen COM 031162100 209 3500 SH SOLE 3500 Aon Corp. COM 037389103 35328 827170 SH SOLE 825000 2170 Apache Corp COM 037411105 447 4406 SH SOLE 4406 Apollo Group Inc Cl A COM 037604105 6129 100000 SH SOLE 100000 Apple Computer COM 037833100 477 2030 SH SOLE 2030 Applied Materials COM 038222105 317 23532 SH SOLE 23532 Aptargroup COM 038336103 378 9600 SH SOLE 3000 6600 Arch Capital Group Ltd COM g0450a105 26493 347443 SH SOLE 346200 1243 Atlas Energy Inc. COM 049298102 11203 360000 SH SOLE 360000 Automatic Data Processing COM 053015103 218 4894 SH SOLE 4894 Autozone Inc COM 053332102 1848 10675 SH SOLE 6825 3850 BP Amoco PLC ADR COM 055622104 1068 18706 SH SOLE 1586 17120 Bank of America Corp COM 060505104 830 46495 SH SOLE 46495 Bankatlantic Corp Inc Cl A COM 065908501 2300 1299312 SH SOLE 1299312 Becton Dickinson & Co. COM 075887109 109469 1390433 SH SOLE 889426 502926 Beltline Marsh LTD COM 080lp0372 62 62000 SH SOLE 62000 Berkshire Hathaway - Cl A COM 084670108 1537481 12623 SH SOLE 8354 4291 Berkshire Hathaway - Cl B COM 084670702 144228 1774672 SH SOLE 107242 1672169 Blue Earth Refineries COM G11999102 16 15000 SH SOLE 15000 Bristol-Myers Squibb COM 110122108 290 10855 SH SOLE 10855 Brown & Brown Inc. COM 115236101 61259 3418483 SH SOLE 2309229 1110655 C H Robinson Worldwide Inc COM 12541w209 220 3947 SH SOLE 3947 CVS Corp. COM 126650100 35391 968023 SH SOLE 846125 121898 Cascade Bancorp COM 147154108 7 12500 SH SOLE 12500 Caterpillar COM 149123101 4941 78620 SH SOLE 78620 Chesapeake Energy Corp COM 165167107 50633 2141845 SH SOLE 2126456 15808 ChevronTexaco Corp COM 166764100 548 7229 SH SOLE 1232 5997 Chubb COM 171232101 245 4722 SH SOLE 3200 1522 Citigroup Inc COM 172967101 299 73933 SH SOLE 8200 65733 City National Corp. COM 178566105 540 10000 SH SOLE 10000 Coca Cola Co. COM 191216100 22573 410420 SH SOLE 65405 345282 Comcast Corp. Spl Cl A COM 20030n200 770 42832 SH SOLE 42832 Concur Technologies Inc COM 206708109 85058 2074084 SH SOLE 2051000 23084 ConocoPhillips COM 20825c104 338 6612 SH SOLE 6612 Costco Wholesale Corp COM 22160k105 46071 771575 SH SOLE 329338 442336 Cousins Properties Inc. COM 222795106 104 12570 SH SOLE 12570 Credit Acceptance Corp-Mich COM 225310101 4124 100000 SH SOLE 100000 Cresud SACIFYA Spon ADR Repstg COM 226406106 8437 605247 SH SOLE 605247 Crown Hldgs Inc COM 228368106 4750 176200 SH SOLE 175000 1200 Danaher Corp. COM 235851102 59700 747085 SH SOLE 493820 253265 Dish Network Corp Class A COM 25470m109 17539 842425 SH SOLE 841625 800 Disney Walt COM 254687106 2170 62168 SH SOLE 62168 Drew Industries Inc COM 26168l205 345 15653 SH SOLE 1756 14379 EOG Resources Inc. COM 26875p101 65058 700000 SH SOLE 700000 Ebay Inc COM 278642103 602 22350 SH SOLE 21500 850 Education Management Corp COM 28139t101 19929 910000 SH SOLE 910000 El Paso Corporation COM 28336l109 110 10131 SH SOLE 10131 Emerson Electric COM 291011104 222 4410 SH SOLE 4410 Everest Re Group Ltd COM G3223R108 3966 49000 SH SOLE 49000 Expeditors Int'l of Wash. Inc. COM 302130109 18158 491807 SH SOLE 283996 208644 Exxon Mobil Corp COM 30131g103 7493 111863 SH SOLE 22750 89113 Fastenal Co COM 311900104 559074 11649799 SH SOLE 7257571 4407425 Fifth St Fin Corp COM 31678A103 2264 195000 SH SOLE 195000 Fifth Third Bancorp COM 316773100 1715 126509 SH SOLE 126509 Finishmaster Inc COM 31787p108 6029 375632 SH SOLE 375032 600 First Horizon Nat Corp 100,000 COM dca517101 0 209596 SH SOLE 209596 First Solar Inc COM 336433107 1710 13940 SH SOLE 8990 4950 Fremont General Corp COM 357288109 17 18003 SH SOLE 1815 16549 GMX Resources Inc COM 38011m108 4299 523000 SH SOLE 523000 General Electric COM 369604103 7119 391135 SH SOLE 107880 283255 General Mills COM 370334104 546 7716 SH SOLE 7716 Google Inc Cl A COM 38259p508 3931 6932 SH SOLE 6780 152 Greenlight Capital Re Ltd Cl A COM G4095J109 11786 441764 SH SOLE 441764 HDFC Bank Ltd ADR Repstg 3 Shs COM 40415f101 219 1568 SH SOLE 500 1068 Heartland Express COM 422347104 1667 101057 SH SOLE 101057 Highwoods Properties Inc COM 431284108 525 16550 SH SOLE 16550 Home Depot COM 437076102 1318 40744 SH SOLE 40744 IBM COM 459200101 8537 66562 SH SOLE 3699 62863 Idex Corp COM 45167R104 292 8822 SH SOLE 8822 Idexx Laboratories Corp. COM 45168D104 736275 12793659 SH SOLE 7899510 4913309 Illinois Tool Works COM 452308109 353 7449 SH SOLE 1116 6401 Intel Corp COM 458140100 420 18846 SH SOLE 13400 5446 Irsa Inversiones y Represen SA COM 450047204 7749 715500 SH SOLE 715500 JP Morgan Chase & Co. COM 46625h100 2089 46687 SH SOLE 46687 Jacobs Engineering Group Inc COM 469814107 224 4952 SH SOLE 4952 Johnson & Johnson COM 478160104 7687 117900 SH SOLE 117900 Kraft Foods Inc Cl A COM 50075n104 2023 66907 SH SOLE 66907 Leucadia Nat'l COM 527288104 423 17067 SH SOLE 17067 Liberty Global Inc Class A COM 530555101 29160 1000000 SH SOLE 1000000 Lockheed Martin Corp. COM 539830109 742 8921 SH SOLE 8921 Loews COM 540424108 261 7000 SH SOLE 6000 1000 Lowe's Companies COM 548661107 206 8514 SH SOLE 8514 Manpower COM 56418H100 11424 200000 SH SOLE 200000 Martin Marietta Materials Inc. COM 573284106 227891 2727604 SH SOLE 1850492 877681 Mastercard Inc COM 57636q104 161979 637713 SH SOLE 324627 314223 McDonalds COM 580135101 5037 75496 SH SOLE 75496 McGraw Hill COM 580645109 42821 1201140 SH SOLE 1195800 5340 Merck & Co. COM 58933y105 914 24469 SH SOLE 900 23569 Mettler-Toledo Intl Inc COM 592688105 7990 73167 SH SOLE 50357 22920 Microsoft COM 594918104 1651 56400 SH SOLE 7413 48987 Mohawk Industries COM 608190104 466688 8581987 SH SOLE 5654822 2929312 Move Inc. COM 62458m108 2077 993745 SH SOLE 960635 33110 Nokia Corp-Sponsored ADR Repst COM 654902204 388 24945 SH SOLE 17100 7845 O Reilly Automotive Inc COM 686091109 144001 3452423 SH SOLE 2774647 679949 Omnicom Group COM 681919106 118217 3046039 SH SOLE 1997940 1052758 Oracle Corp. COM 68389X105 518 20153 SH SOLE 20153 Paccar Inc. COM 693718108 103368 2385050 SH SOLE 1365966 1019865 Pampa Hldgs SA Spon GDR Reg S COM 697660207 11467 1007680 SH SOLE 1000000 7680 Penn Va Corp COM 707882106 7985 325927 SH SOLE 324000 1927 PepsiCo COM 713448108 6728 101697 SH SOLE 2000 99697 Petrohawk Energy Corp COM 716495106 8112 400000 SH SOLE 400000 Petroleum Development Corp-Nev COM 716578109 4634 200000 SH SOLE 200000 Pfizer COM 717081103 241 14078 SH SOLE 6000 8078 Philip Morris Intl Inc. COM 718172109 5883 112785 SH SOLE 7500 105285 Pioneer Natural Resources Co. COM 723787107 52918 939590 SH SOLE 937750 1840 Praxair COM 74005P104 102127 1230445 SH SOLE 769606 462306 Precision Castparts Corp COM 740189105 398785 3147224 SH SOLE 1989470 1162083 Price T Rowe Group Inc COM 74144t108 222 4045 SH SOLE 4045 Procter & Gamble COM 742718109 10569 167043 SH SOLE 10300 156743 Progressive Corp. Ohio COM 743315103 3756 196754 SH SOLE 52469 144285 Proshares Short S&P 500 COM 74347R503 223 4500 SH SOLE 2000 2500 Quicksilver Resources Inc COM 74837r104 16786 1193000 SH SOLE 1193000 Range Resources Corp COM 75281a109 28782 614080 SH SOLE 613100 980 Republic Services Inc Cl A COM 760759100 3453 119000 SH SOLE 119000 Resource America Inc Cl A COM 761195205 3821 796000 SH SOLE 796000 Ritchie Bros Auctioneers Inc COM 767744105 116869 5428187 SH SOLE 3365228 2071813 Robert Half Internat'l COM 770323103 243 8000 SH SOLE 8000 Roper Industries Inc New COM 776696106 8379 144865 SH SOLE 140000 4865 Royal Dutch Shell PLC Spon ADR COM 780259206 2082 35987 SH SOLE 35987 SEI Investments Co COM 784117103 659 30000 SH SOLE 20000 10000 Schlumberger Ltd COM 806857108 316 4974 SH SOLE 4974 Sherwin Williams Co. COM 824348106 379 5601 SH SOLE 5601 Simpson Manufacturing Co Inc. COM 829073105 278 10000 SH SOLE 10000 Smucker J M Company COM 832696405 18097 300314 SH SOLE 300000 314 Stericycle Inc. COM 858912108 360 6600 SH SOLE 6600 Strayer Education Inc COM 863236105 10043 41243 SH SOLE 40200 1043 Student Loan Corp COM 863902102 3752 105600 SH SOLE 105600 Sturm Ruger & Co. COM 864159108 131 10900 SH SOLE 5000 5900 Suntrust Banks COM 867914103 865 32292 SH SOLE 32292 TCF Financial Corp. COM 872275102 588 36882 SH SOLE 36882 TJX Cos - New COM 872540109 721175 16960845 SH SOLE 10827966 6159352 Target Corp COM 87612e106 221930 4219200 SH SOLE 2712769 1507298 Thermadyne Holdiings Corp COM 883435307 2932 400000 SH SOLE 400000 Thor Industries Inc COM 885160101 610 20204 SH SOLE 2123 18695 Trimble Navigation Ltd. COM 896239100 7808 271882 SH SOLE 179301 92715 U.S. Bancorp New - Del. COM 902973304 950 36715 SH SOLE 36715 Ultimate Software Group Inc COM 90385d107 42244 1282060 SH SOLE 1277500 4560 Ultra Petroleum Corp. COM 903914109 4686 100500 SH SOLE 100000 500 Verisk Analytics Class A COM 92345Y106 2112 74900 SH SOLE 22554 52650 Verizon Communications COM 077853109 320 10316 SH SOLE 10316 Visa Inc Class A COM 92826C839 11169 122700 SH SOLE 122700 WR Berkley Corp COM 084423102 103048 3949703 SH SOLE 3059748 895159 Wal-Mart Stores COM 931142103 178743 3214808 SH SOLE 2025112 1191641 Walgreen COM 931422109 255410 6886227 SH SOLE 4526892 2367595 Washington Post - Class B COM 939640108 9738 21924 SH SOLE 20000 1924 Waters Corp COM 941848103 204 3020 SH SOLE 3020 Willis Group Holdings Public L COM g96666105 20925 668750 SH SOLE 665850 2900 XTO Energy Inc COM 98385x106 28696 608228 SH SOLE 601270 7231 Young Broadcasting Inc Cl A COM 987434107 0 144865 SH SOLE 144865 Resource America Inc exp 9/29/ WAR 761991496 0 294117 SH SOLE 294117