WEDGEWOOD PARTNERS INC
Long book
$484.3M
Q1 2026
Positions
22
Top-10 weight
64%
concentration
Last quarter
+11.4%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsWEDGEWOOD PARTNERS INC is a concentrated fundamental stock-picker, running a $484.3M US long book across 22 positions.
The portfolio is concentrated: the top 10 names carry 64% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ALPHABET INC-CL A, TAIWAN SEMICONDUCTOR-SP ADR, META PLATFORMS INC-CLASS A, APPLE INC, MOTOROLA SOLUTIONS INC.
Over the last 9 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.8%
Q2 2024
+6.7%
Q3 2024
+5.4%
Q4 2024
-6.2%
Q1 2025
+11.5%
Q2 2025
+7.0%
Q3 2025
-1.9%
Q4 2025
-6.6%
Q1 2026
+11.4%
Sector allocation
Technology 39%
Consumer discretionary 21%
Industrials 13%
Services media 13%
Financials 8%
Healthcare 6%
Long book by quarter
What does WEDGEWOOD PARTNERS own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 155.7K | $44.8M | 9.2% | -5.0% |
| META META PLATFORMS INC-CLASS A | Technology | 65.8K | $37.6M | 7.8% | -4.8% |
| AAPL APPLE INC | Technology | 135.1K | $34.3M | 7.1% | -5.5% |
| MSI MOTOROLA SOLUTIONS INC | Technology | 67.9K | $29.5M | 6.1% | -5.3% |
| MSFT MICROSOFT CORP | Technology | 73.9K | $27.4M | 5.7% | -4.6% |
| V VISA INC-CLASS A SHARES | Services media | 83.0K | $25.1M | 5.2% | -4.8% |
| BKNG BOOKING HOLDINGS INC | Industrials | 5.5K | $23.2M | 4.8% | -5.2% |
| ODFL OLD DOMINION FREIGHT LINE | Industrials | 113.9K | $22.3M | 4.6% | -5.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 99.9K | $20.8M | 4.3% | +71.5% |
| TSCO TRACTOR SUPPLY COMPANY | Consumer discretionary | 456.1K | $20.7M | 4.3% | -5.2% |
| URI UNITED RENTALS INC | Services media | 25.2K | $18.4M | 3.8% | -5.0% |
| CB CHUBB LTD | Financials | 53.9K | $17.6M | 3.6% | -4.7% |
| CDW CDW CORP/DE | Consumer discretionary | 144.9K | $17.5M | 3.6% | -4.6% |
| PGR PROGRESSIVE CORP | Financials | 83.4K | $16.5M | 3.4% | New |
| ORLY O'REILLY AUTOMOTIVE INC | Consumer discretionary | 178.4K | $16.5M | 3.4% | -5.5% |
| CPRT COPART INC | Consumer discretionary | 462.7K | $15.4M | 3.2% | -4.8% |
| SPGI S&P GLOBAL INC | Services media | 32.4K | $13.8M | 2.8% | -4.1% |
| EW EDWARDS LIFESCIENCES CORP | Healthcare | 171.0K | $13.7M | 2.8% | -5.5% |
| ZTS ZOETIS INC | Healthcare | 113.5K | $13.4M | 2.8% | +8.4% |
| TOL TOLL BROTHERS INC | Industrials | 88.3K | $12.0M | 2.5% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 22 | $484.3M | confidential canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 21 | $535.5M | confidential canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 19 | $547.9M | confidential canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 19 | $515.2M | confidential canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 20 | $496.5M | confidential canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 19 | $507.9M | confidential canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 19 | $550.8M | confidential canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 19 | $490.1M | confidential canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 16, 2024 | 19 | $499.8M | confidential canonical | SEC ↗ |
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