We are live on ! Find out more
DR

David Rolfe Wedgewood Partners

AUM $484M
1-Year Est. Return 16.04%
 

David Rolfe is the chief investment officer of Wedgewood Partners, known for a concentrated growth portfolio of large-capitalization companies. The firm emphasizes quality franchises, high returns on capital, and limited diversification across only a few dozen names at most. Rolfe’s commentaries are followed by investors who prefer focused growth ownership over broad index replication.

This Fund
S&P 500
This Quarter Est. Return
+2.2%
1 Year Est. Return
+16.04%
3 Year Est. Return
+78.15%
5 Year Est. Return
+102.72%
10 Year Est. Return
+513.7%
AUM
$5.82B
AUM Growth
-$1.05B
Cap. Flow
-$1.2B
Cap. Flow %
-20.6%
Top 10 Hldgs %
66.49%
Holding
24
New
–
Increased
3
Reduced
21
Closed
–

Top Buys

Rank Stock Value
1
PRGO icon
Perrigo
PRGO
+$200M
2
SRCL
Stericycle Inc
SRCL
+$87.9M
3
KHC icon
Kraft Heinz
KHC
+$59.7M

Top Sells

Rank Stock Value
1
TPR icon
Tapestry
TPR
+$324M
2
NOV icon
NOV
NOV
+$261M
3
CMI icon
Cummins
CMI
+$164M
4
VAR
Varian Medical Systems, Inc.
VAR
+$151M
5
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$70M

Sector Composition

Rank Sector Weight
1 Financials 23.12%
2 Technology 22.26%
3 Healthcare 12.98%
4 Consumer Discretionary 9.68%
5 Energy 9.35%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BRK.B icon
1
Berkshire Hathaway Class B
BRK.B
$1.06T
$554M 9.51%
4,192,862
-476,286
-10% -$63.9M
AAPL icon
2
Apple
AAPL
$4.51T
$509M 8.74%
19,342,720
-890,468
-4% -$25.4M
ESRX
3
DELISTED
Express Scripts Holding Company
ESRX
$448M 7.69%
5,120,114
-626,851
-11% -$53.7M
QCOM icon
4
Qualcomm
QCOM
$169B
$422M 7.25%
8,444,517
-1,102,840
-12% -$58.8M
MTB icon
5
M&T Bank
MTB
$34.7B
$372M 6.39%
3,071,234
-477,631
-13% -$58.2M
CTSH icon
6
Cognizant
CTSH
$27.9B
$362M 6.21%
6,024,952
-855,812
-12% -$55.2M
SLB icon
7
SLB Ltd
SLB
$79.9B
$332M 5.7%
4,757,412
-510,387
-10% -$38.2M
PRGO icon
8
Perrigo
PRGO
$1.98B
$306M 5.25%
2,113,216
+1,297,542
+159% +$200M
BKNG icon
9
Booking.com
BKNG
$158B
$295M 5.06%
5,774,750
-677,875
-11% -$35.8M
VRSK icon
10
Verisk Analytics
VRSK
$24.4B
$274M 4.7%
3,562,860
-358,969
-9% -$27.3M
LKQ icon
11
LKQ Corp
LKQ
$6.52B
$266M 4.56%
8,962,062
-441,476
-5% -$12.8M
SRCL
12
DELISTED
Stericycle Inc
SRCL
$261M 4.48%
2,161,249
+689,925
+47% +$87.9M
MJN
13
DELISTED
Mead Johnson Nutrition Company
MJN
$248M 4.25%
3,137,622
-359,539
-10% -$28.3M
V icon
14
Visa
V
$693B
$248M 4.25%
3,193,704
-585,185
-15% -$45.3M
GOOGL icon
15
Alphabet (Google) Class A
GOOGL
$4.22T
$242M 4.15%
6,218,280
-1,890,900
-23% -$70M
KHC icon
16
Kraft Heinz
KHC
$30.3B
$239M 4.1%
3,280,187
+808,905
+33% +$59.7M
CLB icon
17
Core Laboratories
CLB
$574M
$211M 3.61%
1,935,874
-239,316
-11% -$27.4M
PYPL icon
18
PayPal
PYPL
$52.7B
$173M 2.97%
4,782,121
-432,202
-8% -$15.2M
GOOG icon
19
Alphabet (Google) Class C
GOOG
$4.18T
$52M 0.89%
1,370,160
-836,800
-38% -$30M
TPR icon
20
Tapestry
TPR
$26B
$3.79M 0.07%
115,651
-10,397,191
-99% -$324M
EMC
21
DELISTED
EMC CORPORATION
EMC
$3.3M 0.06%
128,440
-95,029
-43% -$2.47M
VAR
22
DELISTED
Varian Medical Systems, Inc.
VAR
$2.56M 0.04%
36,150
-2,182,372
-98% -$151M
NOV icon
23
NOV
NOV
$7.28B
$2.33M 0.04%
69,450
-7,014,667
-99% -$261M
CMI icon
24
Cummins
CMI
$80.9B
$1.51M 0.03%
17,175
-1,639,068
-99% -$164M

Similar funds

PWM
Prentice Wealth Management Rochester, New York $484M AUM 13.77% 1-Year Est. Return
GVCM
Global View Capital Management Waukesha, Wisconsin $484M AUM 48.46% 1-Year Est. Return
FC
Foursixthree Capital New York $485M AUM 117.01% 1-Year Est. Return
AA
Ashford Advisors Pittsford, New York $485M AUM 21.08% 1-Year Est. Return
FMB
Field & Main Bank Henderson, Kentucky $485M AUM 34.26% 1-Year Est. Return
CPI
Crestview Partners IV New York $485M AUM 83.84% 1-Year Est. Return
CCA
Cadent Capital Advisors Tulsa, Oklahoma $485M AUM 45.96% 1-Year Est. Return
SCH
Shengqi Capital (HK) Hong Kong $484M AUM 300.05% 1-Year Est. Return

David Rolfe's Q4 2015 Portfolio in Review

As of Q4 2015, David Rolfe held 24 positions worth $5.82B, down 15% from $6.87B the previous quarter. Its ten largest holdings account for 66% of the portfolio.

David Rolfe withdrew a net $1.2B in Q4 2015, reducing 21 holdings. Its largest reduction was Tapestry, cutting an estimated $324M.

By sector, the portfolio is most concentrated in Financials at 23% of assets, up from 21% a quarter earlier, followed by Technology and Healthcare.

Against the trend, David Rolfe added an estimated $200M to Perrigo.

  • David Rolfe added most to Perrigo in Q4 2015, an estimated $200M increase.
  • David Rolfe's biggest Q4 2015 reduction was Tapestry, cutting an estimated $324M.
  • David Rolfe's ten largest holdings make up 66% of its $5.82B portfolio in Q4 2015.
  • David Rolfe opened 0 new positions and closed 0 in Q4 2015.
  • David Rolfe's portfolio value fell 15% quarter-over-quarter to $5.82B.

Based on Wedgewood Partners's 13F filing for Q4 2015, filed 16 Feb 2016.