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

According to the SEC 13F filed on Aug 14, 2026, the Wedgewood Partners portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2014. 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