We are live on
!
Find out more
WP
Wedgewood Partners Portfolio holdings
AUM
$484M
1-Year Est. Return
14.59%
This Fund
S&P 500
This Quarter
Est. Return
+5.56%
1 Year Est. Return
+14.59%
3 Year Est. Return
+71.71%
5 Year Est. Return
+100.96%
10 Year Est. Return
+436.42%
AUM
$1.18B
AUM Growth
-$188M
(-14%)
Cap. Flow
-$247M
Cap. Flow
% of AUM
-20.94%
Top 10 Holdings %
Top 10 Hldgs %
69.58%
Holding
40
New
4
Increased
3
Reduced
19
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Motorola Solutions
MSI
|
+$31.8M |
| 2 |
Alcon
ALC
|
+$26.5M |
| 3 |
Electronic Arts
EA
|
+$25.9M |
| 4 |
Ross Stores
ROST
|
+$4.54M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$3.79M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$51.6M |
| 2 |
Old Dominion Freight Line
ODFL
|
+$35.6M |
| 3 |
SCHW
Charles Schwab
SCHW
|
+$35.3M |
| 4 |
Cognizant
CTSH
|
+$33.7M |
| 5 |
Edwards Lifesciences
EW
|
+$25.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 25.69% |
| 2 | Financials | 21.16% |
| 3 | Communication Services | 16.13% |
| 4 | Healthcare | 13.99% |
| 5 | Technology | 12.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$4.89T
| $106M | 9.01% |
2,150,800
-431,996
| -17% | -$21M |
|
2
Visa
V
$677B
| $105M | 8.93% |
607,588
-86,390
| -12% | -$14.1M |
|
3
Meta Platforms (Facebook)
META
$1.51T
| $99.7M | 8.44% |
516,753
-113,261
| -18% | -$20.7M |
|
|
4
Edwards Lifesciences
EW
$47.6B
| $96.1M | 8.14% |
1,560,879
-421,578
| -21% | -$25.5M |
|
5
Tractor Supply
TSCO
$16.3B
| $81.3M | 6.88% |
3,734,185
-717,125
| -16% | -$14.8M |
|
|
6
Berkshire Hathaway Class B
BRK.B
$1.07T
| $71.9M | 6.09% |
337,406
-249,596
| -43% | -$51.6M |
|
7
Booking.com
BKNG
$138B
| $70.6M | 5.98% |
942,075
-182,100
| -16% | -$13.1M |
|
8
Fastenal
FAST
$54B
| $65.1M | 5.51% |
3,995,158
-889,598
| -18% | -$14.7M |
|
9
PayPal
PYPL
$49.5B
| $64.5M | 5.46% |
563,666
-95,645
| -15% | -$10.6M |
|
10
Ulta Beauty
ULTA
$20.4B
| $60.9M | 5.15% |
175,473
-35,301
| -17% | -$12.2M |
|
11
C.H. Robinson
CHRW
$22B
| $53.9M | 4.56% |
638,817
-19,013
| -3% | -$1.6M |
|
|
12
Alphabet (Google) Class A
GOOGL
$3.91T
| $53M | 4.48% |
978,500
-257,040
| -21% | -$14.9M |
|
13
Starbucks
SBUX
$118B
| $49.9M | 4.22% |
595,104
-116,556
| -16% | -$9.14M |
|
|
14
Ross Stores
ROST
$76.6B
| $40.8M | 3.46% |
412,105
+46,609
| +13% | +$4.54M |
|
|
CELG
15
DELISTED
Celgene Corp
CELG
| $40M | 3.39% |
433,260
-91,879
| -17% | -$8.72M |
|
|
16
Motorola Solutions
MSI
$69.4B
| $35.2M | 2.98% |
+210,883
| New | +$31.8M |
|
|
17
Alcon
ALC
$33.1B
| $28M | 2.37% |
+451,024
| New | +$26.5M |
|
|
18
Electronic Arts
EA
$52.4B
| $27.5M | 2.33% |
+272,032
| New | +$25.9M |
|
|
19
Alphabet (Google) Class C
GOOG
$3.9T
| $8.52M | 0.72% |
157,580
+65,640
| +71% | +$3.79M |
|
|
SCHW
20
Charles Schwab
SCHW
$177B
| $3.95M | 0.33% |
98,400
-810,598
| -89% | -$35.3M |
|
21
Qualcomm
QCOM
$176B
| $3.85M | 0.33% |
50,575
-23,625
| -32% | -$1.73M |
|
22
US Bancorp
USB
$99.6B
| $3.15M | 0.27% |
60,138
| – | – |
|
|
23
Cognizant
CTSH
$21.5B
| $2.84M | 0.24% |
44,800
-513,059
| -92% | -$33.7M |
|
24
SLB Ltd
SLB
$77.8B
| $1.33M | 0.11% |
33,375
| – | – |
|
25
Verizon
VZ
$194B
| $985K | 0.08% |
17,250
| – | – |
|
Similar funds
NFW
AW
GRR
MF
CWA
BWA
BAM
LCWP
Wedgewood Partners's Q2 2019 Portfolio in Review
As of Q2 2019, Wedgewood Partners held 40 positions worth $1.18B, down 14% from $1.37B the previous quarter. Its ten largest holdings account for 70% of the portfolio.
Wedgewood Partners withdrew a net $247M in Q2 2019, closing 2 positions and reducing 19 holdings. Its most notable exit was Old Dominion Freight Line, an estimated $35.6M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 26% of assets, up from 24% a quarter earlier, followed by Financials and Communication Services.
Against the trend, Wedgewood Partners opened a new position in Motorola Solutions worth $35.2M.
- Wedgewood Partners's largest Q2 2019 buy was Motorola Solutions: 210,883 shares worth $35.2M.
- Wedgewood Partners added most to Ross Stores in Q2 2019, an estimated $4.54M increase.
- Wedgewood Partners's biggest Q2 2019 reduction was Berkshire Hathaway Class B, cutting an estimated $51.6M.
- Wedgewood Partners fully exited Old Dominion Freight Line in Q2 2019, selling an estimated $35.6M.
- Wedgewood Partners's ten largest holdings make up 70% of its $1.18B portfolio in Q2 2019.
- Wedgewood Partners opened 4 new positions and closed 2 in Q2 2019.
- Wedgewood Partners's portfolio value fell 14% quarter-over-quarter to $1.18B.
Based on Wedgewood Partners's 13F filing for Q2 2019, filed 14 Aug 2019.