David Rolfe - Wedgewood Partners 13F Activity & Position Changes (Q1 2020)

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, 2020. 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 2020, the filing reported:

New Buys - Bristol-Myers Squibb Company, Copart, Inc., Microsoft Corporation, Tapestry, Inc.

Increases - BP p.l.c., Toronto Dominion Bank (The), U.S. Bancorp

Reductions - Apple Inc., Booking Holdings Inc. Common St, Berkshire Hathaway Inc. New, Electronic Arts Inc., Edwards Lifesciences Corporatio, and 13 more

Complete Exits - Boeing Company (The), C.H. Robinson Worldwide, Inc., Charles Schwab Corporation (The, AT&T Inc., Ulta Beauty, Inc., and 1 more

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 2020	AAPL Apple Inc.	Apple Inc.	Sell	-288,962	-58.0%	$53.25K	209,420
Q1 2020	BA Boeing Company (The)	Boeing Company (The)	Sell - Position Exit	-1,250	-100.0%	$0.00	-
Q1 2020	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-21,632	-61.5%	$18.22K	13,547
Q1 2020	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy - Position Entry	+259,180	-	$14.45K	259,180
Q1 2020	BP BP p.l.c.	BP p.l.c.	Buy	+9,375	+74.7%	$534.00	21,925
Q1 2020	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-29,913	-48.9%	$5.70K	31,200
Q1 2020	CHRW C.H. Robinson Worldwide, Inc.	C.H. Robinson Worldwide, Inc.	Sell - Position Exit	-495,718	-100.0%	$0.00	-
Q1 2020	CPRT Copart, Inc.	Copart, Inc.	Buy - Position Entry	+140,290	-	$9.61K	140,290
Q1 2020	EA Electronic Arts Inc.	Electronic Arts Inc.	Sell	-155,516	-36.9%	$26.64K	266,012
Q1 2020	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Sell	-241,589	-50.5%	$44.74K	237,200
Q1 2020	FAST Fastenal Company	Fastenal Company	Sell	-1,700,729	-91.1%	$5.21K	166,760
Q1 2020	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-3,245	-43.1%	$4.98K	4,281
Q1 2020	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-32,918	-50.7%	$37.23K	32,042
Q1 2020	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-225,450	-46.7%	$42.96K	257,563
Q1 2020	MSFT Microsoft Corporation	Microsoft Corporation	Buy - Position Entry	+83,949	-	$13.24K	83,949
Q1 2020	MSI Motorola Solutions, Inc.	Motorola Solutions, Inc.	Sell	-21,393	-10.4%	$24.41K	183,661
Q1 2020	PAYX Paychex, Inc.	Paychex, Inc.	Sell	-2,500	-40.7%	$229.00	3,650
Q1 2020	PYPL PayPal Holdings, Inc.	PayPal Holdings, Inc.	Sell	-266,330	-50.5%	$25.04K	261,532
Q1 2020	QCOM QUALCOMM Incorporated	QUALCOMM Incorporated	Sell	-43,675	-90.8%	$297.00	4,400
Q1 2020	ROST Ross Stores, Inc.	Ross Stores, Inc.	Sell	-353,511	-91.9%	$2.71K	31,125
Q1 2020	SBUX Starbucks Corporation	Starbucks Corporation	Sell	-200,934	-36.0%	$23.46K	356,926
Q1 2020	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Sell - Position Exit	-90,925	-100.0%	$0.00	-
Q1 2020	SLB Schlumberger N.V.	Schlumberger N.V.	Sell	-8,225	-28.2%	$282.00	20,950
Q1 2020	T AT&T Inc.	AT&T Inc.	Sell - Position Exit	-22,375	-100.0%	$0.00	-
Q1 2020	TD Toronto Dominion Bank (The)	Toronto Dominion Bank (The)	Buy	+225	+3.8%	$263.00	6,225
Q1 2020	TPR Tapestry, Inc.	Tapestry, Inc.	Buy - Position Entry	+18,750	-	$242.00	18,750
Q1 2020	TSCO Tractor Supply Company	Tractor Supply Company	Sell	-305,177	-43.9%	$32.99K	390,178
Q1 2020	ULTA Ulta Beauty, Inc.	Ulta Beauty, Inc.	Sell - Position Exit	-108,539	-100.0%	$0.00	-
Q1 2020	USB U.S. Bancorp	U.S. Bancorp	Buy	+1,880	+3.7%	$1.81K	52,543
Q1 2020	V Visa Inc.	Visa Inc.	Sell	-330,373	-57.8%	$38.92K	241,559

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