David Rolfe - Wedgewood Partners 13F Activity & Position Changes (Q1 2018)

As of Mar 31, 2018, 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 2018, the filing reported:

New Buys - AT&T Inc., Verizon Communications Inc.

Increases - Apple Inc., Ross Stores, Inc.

Reductions - Ameren Corporation, Berkshire Hathaway Inc. New, Cognizant Technology Solutions , Consolidated Edison, Inc., Fastenal Company, and 7 more

Complete Exits - Pepsico, Inc., TJX Companies, Inc. (The)

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 2018	AAPL Apple Inc.	Apple Inc.	Buy	+836	+0.1%	$189.88K	1,131,727
Q1 2018	AEE Ameren Corporation	Ameren Corporation	Sell	-1,750	-10.7%	$829.00	14,650
Q1 2018	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-136,637	-11.9%	$201.24K	1,008,845
Q1 2018	CTSH Cognizant Technology Solutions	Cognizant Technology Solutions	Sell	-166,622	-15.1%	$75.61K	939,248
Q1 2018	ED Consolidated Edison, Inc.	Consolidated Edison, Inc.	Sell	-2,175	-20.3%	$664.00	8,525
Q1 2018	FAST Fastenal Company	Fastenal Company	Sell	-335,909	-12.2%	$132.09K	2,419,636
Q1 2018	KHC The Kraft Heinz Company	The Kraft Heinz Company	Sell	-111,298	-8.1%	$78.89K	1,266,539
Q1 2018	PAYX Paychex, Inc.	Paychex, Inc.	Sell	-1,250	-13.3%	$501.00	8,150
Q1 2018	PEP Pepsico, Inc.	Pepsico, Inc.	Sell - Position Exit	-2,425	-100.0%	$0.00	-
Q1 2018	QCOM QUALCOMM Incorporated	QUALCOMM Incorporated	Sell	-245,862	-11.2%	$107.61K	1,942,088
Q1 2018	ROST Ross Stores, Inc.	Ross Stores, Inc.	Buy	+49,210	+3.2%	$122.02K	1,564,750
Q1 2018	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Sell	-218,183	-12.6%	$79.15K	1,515,704
Q1 2018	SLB Schlumberger N.V.	Schlumberger N.V.	Sell	-96,949	-5.7%	$104.73K	1,616,742
Q1 2018	T AT&T Inc.	AT&T Inc.	Buy - Position Entry	+12,950	-	$461.00	12,950
Q1 2018	TJX TJX Companies, Inc. (The)	TJX Companies, Inc. (The)	Sell - Position Exit	-1,050,568	-100.0%	$0.00	-
Q1 2018	TSCO Tractor Supply Company	Tractor Supply Company	Sell	-248,126	-11.9%	$115.60K	1,834,348
Q1 2018	USB U.S. Bancorp	U.S. Bancorp	Sell	-800	-1.2%	$3.42K	67,638
Q1 2018	VZ Verizon Communications Inc.	Verizon Communications Inc.	Buy - Position Entry	+21,250	-	$1.02K	21,250