We are live on ! Find out more
WCM

Wedge Capital Management Portfolio holdings

AUM $6.06B
1-Year Est. Return 47.24%
This Fund
S&P 500
This Quarter Est. Return
+3.11%
1 Year Est. Return
+47.24%
3 Year Est. Return
+138.72%
5 Year Est. Return
+177.67%
10 Year Est. Return
+778.44%
AUM
$5.93B
AUM Growth
-$282M
Cap. Flow
-$375M
Cap. Flow %
-6.32%
Top 10 Hldgs %
13.26%
Holding
454
New
36
Increased
136
Reduced
247
Closed
28

Top Buys

Rank Stock Value
1
KLAC icon
KLA
KLAC
+$72.6M
2
WTFC icon
Wintrust Financial
WTFC
+$31.5M
3
IPG
Interpublic Group of Companies
IPG
+$30.4M
4
OMC icon
Omnicom Group
OMC
+$29.3M
5
NVR icon
NVR
NVR
+$28.5M

Top Sells

Rank Stock Value
1
CTSH icon
Cognizant
CTSH
+$62.4M
2
TEL icon
TE Connectivity
TEL
+$60.7M
3
HCA icon
HCA Healthcare
HCA
+$43.7M
4
KHC icon
Kraft Heinz
KHC
+$40.2M
5
UTHR icon
United Therapeutics
UTHR
+$39.8M

Sector Composition

Rank Sector Weight
1 Technology 22.03%
2 Financials 14.97%
3 Healthcare 14.79%
4 Consumer Discretionary 14.35%
5 Industrials 12.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SBUX icon
376
Starbucks
SBUX
$120B
$243K ﹤0.01%
2,334
+104
+5% +$10.8K
VIR icon
377
Vir Biotechnology
VIR
$1.49B
$243K ﹤0.01%
10,425
+1,223
+13% +$31.3K
MS icon
378
Morgan Stanley
MS
$340B
$241K ﹤0.01%
2,750
+80
+3% +$7.47K
CBSH icon
379
Commerce Bancshares
CBSH
$8.5B
$239K ﹤0.01%
4,736
+622
+15% +$34.7K
HON icon
380
Honeywell
HON
$78B
$235K ﹤0.01%
1,305
+19
+1% +$3.57K
BLK icon
381
Blackrock
BLK
$176B
$234K ﹤0.01%
+350
New +$247K
IBM icon
382
IBM
IBM
$224B
$233K ﹤0.01%
1,777
+61
+4% +$8.16K
ZD icon
383
Ziff Davis
ZD
$1.98B
$233K ﹤0.01%
2,982
-8
-0.3% -$656
ETRN
384
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
$232K ﹤0.01%
+40,134
New +$257K
RDN icon
385
Radian Group
RDN
$4.93B
$232K ﹤0.01%
+10,494
New +$223K
TRIP icon
386
TripAdvisor
TRIP
$1.26B
$232K ﹤0.01%
11,661
+257
+2% +$5.49K
CAT icon
387
Caterpillar
CAT
$387B
$230K ﹤0.01%
1,004
+41
+4% +$9.91K
T icon
388
AT&T
T
$163B
$228K ﹤0.01%
11,821
+247
+2% +$4.72K
AXP icon
389
American Express
AXP
$230B
$226K ﹤0.01%
+1,373
New +$228K
ZION icon
390
Zions Bancorporation
ZION
$10.3B
$226K ﹤0.01%
7,566
+1,393
+23% +$63.7K
ESNT icon
391
Essent Group
ESNT
$6.33B
$223K ﹤0.01%
+5,557
New +$229K
DE icon
392
Deere & Co
DE
$168B
$222K ﹤0.01%
537
+27
+5% +$11.2K
SEM
393
DELISTED
Select Medical
SEM
$222K ﹤0.01%
15,911
-51
-0.3% -$751
OII icon
394
Oceaneering
OII
$4.77B
$221K ﹤0.01%
12,544
-3,065
-20% -$59.1K
TMHC
395
DELISTED
Taylor Morrison
TMHC
$221K ﹤0.01%
5,772
-1,808
-24% -$63.5K
MATW icon
396
Matthews International
MATW
$739M
$219K ﹤0.01%
6,076
-1,297
-18% -$47.7K
BKNG icon
397
Booking.com
BKNG
$161B
$217K ﹤0.01%
+2,050
New +$200K
IRWD icon
398
Ironwood Pharmaceuticals
IRWD
$714M
$216K ﹤0.01%
20,562
+5,659
+38% +$63.4K
AMAT icon
399
Applied Materials
AMAT
$428B
$215K ﹤0.01%
+1,753
New +$201K
JWN
400
DELISTED
Nordstrom
JWN
$213K ﹤0.01%
+13,077
New +$244K
14 15
16
17 18

Similar funds

HPG
Harvest Portfolios Group Oakville, Ontario, Canada $6.06B AUM 16.63% 1-Year Est. Return
EMPI
Elo Mutual Pension Insurance Espoo, Finland $6.06B AUM 24.33% 1-Year Est. Return
JWBC
John W. Bristol & Co New York $6.08B AUM 16.51% 1-Year Est. Return
EAM
Eventide Asset Management Boston, Massachusetts $6.05B AUM 76.64% 1-Year Est. Return
AA
AQR Arbitrage Greenwich, Connecticut $6.09B AUM 26.7% 1-Year Est. Return
RCG
Ruane, Cunniff & Goldfarb New York $6.03B AUM 12.06% 1-Year Est. Return
CIS
Capital International Sarl Los Angeles, California $6.11B AUM 32.29% 1-Year Est. Return
AAM
Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return

Wedge Capital Management's Q1 2023 Portfolio in Review

As of Q1 2023, Wedge Capital Management held 454 positions worth $5.93B, down 4.5% from $6.21B the previous quarter. Its ten largest holdings account for 13% of the portfolio.

Wedge Capital Management withdrew a net $375M in Q1 2023, closing 28 positions and reducing 247 holdings. Its most notable exit was Cognizant, an estimated $62.4M position sold in full.

By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 19% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Wedge Capital Management opened a new position in KLA worth $73.5M.

  • Wedge Capital Management's largest Q1 2023 buy was KLA: 1,842,030 shares worth $73.5M.
  • Wedge Capital Management added most to Penske Automotive Group in Q1 2023, an estimated $27.1M increase.
  • Wedge Capital Management's biggest Q1 2023 reduction was HCA Healthcare, cutting an estimated $43.7M.
  • Wedge Capital Management fully exited Cognizant in Q1 2023, selling an estimated $62.4M.
  • Wedge Capital Management's ten largest holdings make up 13% of its $5.93B portfolio in Q1 2023.
  • Wedge Capital Management opened 36 new positions and closed 28 in Q1 2023.
  • Wedge Capital Management's portfolio value fell 4.5% quarter-over-quarter to $5.93B.

Based on Wedge Capital Management's 13F filing for Q1 2023, filed 11 Apr 2023.