David Rolfe - Wedgewood Partners 13F Activity & Position Changes (Q1 2014)

As of Mar 31, 2014, the Wedgewood Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2014, the filing reported:

New Buys - LKQ Corporation

Increases - Apple Inc., Berkshire Hathaway Inc. New, Cummins Inc., Cognizant Technology Solutions , Gilead Sciences, Inc., and 3 more

Reductions - None reported

Complete Exits - American Express Company

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2014	AAPL Apple Inc.	Apple Inc.	Buy	+80,541	+9.2%	$513.82K	957,303
Q1 2014	AXP American Express Company	American Express Company	Sell - Position Exit	-1,501,341	-100.0%	$0.00	-
Q1 2014	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+1,648,861	+61.1%	$543.35K	4,347,827
Q1 2014	CMI Cummins Inc.	Cummins Inc.	Buy	+120,972	+7.3%	$264.80K	1,777,284
Q1 2014	CTSH Cognizant Technology Solutions	Cognizant Technology Solutions	Buy	+3,423,415	+105.6%	$337.31K	6,666,189
Q1 2014	GILD Gilead Sciences, Inc.	Gilead Sciences, Inc.	Buy	+106,303	+5.9%	$135.15K	1,907,287
Q1 2014	LKQ LKQ Corporation	LKQ Corporation	Buy - Position Entry	+5,090,458	-	$134.13K	5,090,458
Q1 2014	QCOM QUALCOMM Incorporated	QUALCOMM Incorporated	Buy	+280,493	+6.4%	$368.83K	4,677,079
Q1 2014	SLB Schlumberger N.V.	Schlumberger N.V.	Buy	+148,569	+7.6%	$203.96K	2,091,930
Q1 2014	SRCL Stericycle, Inc.	Stericycle, Inc.	Buy	+614,908	+38.4%	$251.94K	2,217,344