David Rolfe - Wedgewood Partners 13F Activity & Position Changes (Q2 2014)

As of Jun 30, 2014, 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 Q2 2014, the filing reported:

New Buys - None reported

Increases - Apple Inc., Cognizant Technology Solutions , LKQ Corporation, QUALCOMM Incorporated, Schlumberger N.V., and 1 more

Reductions - Berkshire Hathaway Inc. New, Cummins Inc.

Complete Exits - Gilead Sciences, 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
Q2 2014	AAPL Apple Inc.	Apple Inc.	Buy	+5,069,381	+529.5%	$560.06K	6,026,684
Q2 2014	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-299,661	-6.9%	$512.34K	4,048,166
Q2 2014	CMI Cummins Inc.	Cummins Inc.	Sell	-575,139	-32.4%	$185.48K	1,202,145
Q2 2014	CTSH Cognizant Technology Solutions	Cognizant Technology Solutions	Buy	+427,858	+6.4%	$346.97K	7,094,047
Q2 2014	GILD Gilead Sciences, Inc.	Gilead Sciences, Inc.	Sell - Position Exit	-1,907,287	-100.0%	$0.00	-
Q2 2014	LKQ LKQ Corporation	LKQ Corporation	Buy	+317,890	+6.2%	$144.35K	5,408,348
Q2 2014	QCOM QUALCOMM Incorporated	QUALCOMM Incorporated	Buy	+220,710	+4.7%	$387.90K	4,897,789
Q2 2014	SLB Schlumberger N.V.	Schlumberger N.V.	Buy	+67,981	+3.2%	$254.76K	2,159,911
Q2 2014	SRCL Stericycle, Inc.	Stericycle, Inc.	Buy	+175,803	+7.9%	$283.40K	2,393,147