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
+4.4%
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
$4.77B
AUM Growth
-$165M
Cap. Flow
-$317M
Cap. Flow %
-6.64%
Top 10 Hldgs %
64.33%
Holding
36
New
1
Increased
5
Reduced
25
Closed
1

Top Buys

Rank Stock Value
1
THS
Treehouse Foods
THS
+$167M
2
CLB icon
Core Laboratories
CLB
+$23.7M
3
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$22.6M
4
V icon
Visa
V
+$17.3M
5
MN
MANNING & NAPIER, INC.
MN
+$81.2K

Top Sells

Rank Stock Value
1
LKQ icon
LKQ Corp
LKQ
+$95.6M
2
AAPL icon
Apple
AAPL
+$85.6M
3
MJN
Mead Johnson Nutrition Company
MJN
+$74.2M
4
BKNG icon
Booking.com
BKNG
+$47M
5
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$42.1M

Sector Composition

Rank Sector Weight
1 Financials 22.08%
2 Technology 20.15%
3 Consumer Discretionary 15.11%
4 Consumer Staples 12.77%
5 Energy 10.66%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AAPL icon
1
Apple
AAPL
$4.51T
$466M 9.78%
16,497,960
-3,234,020
-16% -$85.6M
BRK.B icon
2
Berkshire Hathaway Class B
BRK.B
$1.06T
$446M 9.36%
3,089,161
-287,829
-9% -$42.1M
BKNG icon
3
Booking.com
BKNG
$158B
$323M 6.77%
5,487,100
-842,550
-13% -$47M
KHC icon
4
Kraft Heinz
KHC
$30.3B
$321M 6.74%
3,591,703
-327,053
-8% -$28.9M
SLB icon
5
SLB Ltd
SLB
$79.9B
$294M 6.17%
3,741,101
-250,823
-6% -$19.9M
V icon
6
Visa
V
$693B
$265M 5.56%
3,206,909
+216,030
+7% +$17.3M
CTSH icon
7
Cognizant
CTSH
$27.9B
$256M 5.38%
5,376,140
-248,539
-4% -$14.1M
GOOGL icon
8
Alphabet (Google) Class A
GOOGL
$4.22T
$239M 5.01%
5,947,500
+577,720
+11% +$22.6M
QCOM icon
9
Qualcomm
QCOM
$169B
$237M 4.97%
3,461,144
-552,553
-14% -$33.6M
VRSK icon
10
Verisk Analytics
VRSK
$24.4B
$219M 4.6%
2,698,733
-179,421
-6% -$14.8M
ESRX
11
DELISTED
Express Scripts Holding Company
ESRX
$216M 4.53%
3,066,390
-184,968
-6% -$13.8M
CLB icon
12
Core Laboratories
CLB
$574M
$213M 4.46%
1,893,080
+205,653
+12% +$23.7M
SRCL
13
DELISTED
Stericycle Inc
SRCL
$205M 4.3%
2,557,466
-143,124
-5% -$12.9M
PYPL icon
14
PayPal
PYPL
$52.7B
$170M 3.57%
4,152,938
-591,047
-12% -$22.7M
SCHW
15
Charles Schwab
SCHW
$194B
$166M 3.47%
5,250,094
-278,416
-5% -$8.16M
LKQ icon
16
LKQ Corp
LKQ
$6.52B
$158M 3.3%
4,441,651
-2,757,038
-38% -$95.6M
THS
17
DELISTED
Treehouse Foods
THS
$152M 3.18%
+1,739,896
New +$167M
ROST icon
18
Ross Stores
ROST
$76.7B
$138M 2.9%
2,153,398
-334,366
-13% -$20.6M
MJN
19
DELISTED
Mead Johnson Nutrition Company
MJN
$135M 2.84%
1,714,019
-869,701
-34% -$74.2M
TJX icon
20
TJX Companies
TJX
$155B
$101M 2.11%
2,695,502
-163,060
-6% -$6.38M
GOOG icon
21
Alphabet (Google) Class C
GOOG
$4.18T
$32.1M 0.67%
825,920
-124,840
-13% -$4.74M
USB icon
22
US Bancorp
USB
$96.7B
$4.17M 0.09%
97,175
-16,060
-14% -$682K
NOV icon
23
NOV
NOV
$7.28B
$1.67M 0.04%
45,500
-8,250
-15% -$277K
AEE icon
24
Ameren
AEE
$29.4B
$1.51M 0.03%
30,720
-1,817
-6% -$92.7K
BX icon
25
Blackstone
BX
$108B
$1.07M 0.02%
41,850
– –
1
2

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 Q3 2016 Portfolio in Review

As of Q3 2016, David Rolfe held 36 positions worth $4.77B, down 3.4% from $4.94B the previous quarter. Its ten largest holdings account for 64% of the portfolio.

David Rolfe withdrew a net $317M in Q3 2016, closing 1 position and reducing 25 holdings. Its most notable exit was Procter & Gamble, an estimated $203K position sold in full.

By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 21% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, David Rolfe opened a new position in Treehouse Foods worth $152M.

  • David Rolfe's largest Q3 2016 buy was Treehouse Foods: 1,739,896 shares worth $152M.
  • David Rolfe added most to Core Laboratories in Q3 2016, an estimated $23.7M increase.
  • David Rolfe's biggest Q3 2016 reduction was LKQ Corp, cutting an estimated $95.6M.
  • David Rolfe fully exited Procter & Gamble in Q3 2016, selling an estimated $203K.
  • David Rolfe's ten largest holdings make up 64% of its $4.77B portfolio in Q3 2016.
  • David Rolfe opened 1 new position and closed 1 in Q3 2016.
  • David Rolfe's portfolio value fell 3.4% quarter-over-quarter to $4.77B.

Based on Wedgewood Partners's 13F filing for Q3 2016, filed 14 Nov 2016.