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

As of Mar 31, 2020, 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 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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