David Rolfe - Wedgewood Partners 13F Activity & Position Changes (Q1 2023)

As of Mar 31, 2023, the Wedgewood Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2023. 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 2023, the filing reported:

New Buys - None reported

Increases - Blackstone Inc., Ford Motor Company, Taiwan Semiconductor Manufactur, U.S. Bancorp, Verizon Communications Inc.

Reductions - Apple Inc., Boeing Company (The), BP p.l.c., Copart, Inc., Consolidated Edison, Inc., and 10 more

Complete Exits - Bristol-Myers Squibb Company, Invesco QQQ Trust, Series 1, Starbucks Corporation, Tapestry, Inc.

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 2023	AAPL Apple Inc.	Apple Inc.	Sell	-4,817	-1.3%	$58.85K	356,885
Q1 2023	BA Boeing Company (The)	Boeing Company (The)	Sell	-450	-14.0%	$589.00	2,775
Q1 2023	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Sell - Position Exit	-4,175	-100.0%	$0.00	-
Q1 2023	BP BP p.l.c.	BP p.l.c.	Sell	-1,495	-15.1%	$317.00	8,375
Q1 2023	BX Blackstone Inc.	Blackstone Inc.	Buy	+750	+4.9%	$1.41K	16,000
Q1 2023	CPRT Copart, Inc.	Copart, Inc.	Sell	-6,114	-1.6%	$28.37K	377,202
Q1 2023	ED Consolidated Edison, Inc.	Consolidated Edison, Inc.	Sell	-1,250	-23.8%	$382.00	4,000
Q1 2023	F Ford Motor Company	Ford Motor Company	Buy	+3,275	+26.5%	$196.00	15,625
Q1 2023	JNJ Johnson & Johnson	Johnson & Johnson	Sell	-750	-13.3%	$755.00	4,875
Q1 2023	KHC The Kraft Heinz Company	The Kraft Heinz Company	Sell	-1,250	-13.5%	$309.00	8,000
Q1 2023	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-14,969	-11.2%	$34.20K	118,615
Q1 2023	MSI Motorola Solutions, Inc.	Motorola Solutions, Inc.	Sell	-2,500	-1.6%	$45.13K	157,713
Q1 2023	NLY Annaly Capital Management Inc.	Annaly Capital Management Inc.	Sell	-2,524	-13.9%	$299.00	15,687
Q1 2023	ODFL Old Dominion Freight Line, Inc.	Old Dominion Freight Line, Inc.	Sell	-845	-1.5%	$18.88K	55,404
Q1 2023	PGR Progressive Corporation (The)	Progressive Corporation (The)	Sell	-137,710	-97.5%	$500.00	3,500
Q1 2023	QQQ Invesco QQQ Trust, Series 1	Invesco QQQ Trust, Series 1	Sell - Position Exit	-2,825	-100.0%	$0.00	-
Q1 2023	SBUX Starbucks Corporation	Starbucks Corporation	Sell - Position Exit	-5,595	-100.0%	$0.00	-
Q1 2023	T AT&T Inc.	AT&T Inc.	Sell	-200	-0.3%	$1.48K	76,875
Q1 2023	TPR Tapestry, Inc.	Tapestry, Inc.	Sell - Position Exit	-5,750	-100.0%	$0.00	-
Q1 2023	TSCO Tractor Supply Company	Tractor Supply Company	Sell	-5,466	-3.1%	$39.96K	169,999
Q1 2023	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Buy	+37,827	+12.6%	$31.45K	338,110
Q1 2023	USB U.S. Bancorp	U.S. Bancorp	Buy	+14,895	+41.9%	$1.82K	50,450
Q1 2023	VZ Verizon Communications Inc.	Verizon Communications Inc.	Buy	+425	+2.0%	$823.00	21,175
Q1 2023	WBD Warner Bros. Discovery, Inc. -	Warner Bros. Discovery, Inc. -	Sell	-1,731	-9.6%	$246.00	16,353