David Rolfe - Wedgewood Partners 13F Activity & Position Changes (Q2 2025)

According to the SEC 13F filed on Aug 14, 2025, the Wedgewood Partners portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2025. 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 2025, the filing reported:

New Buys - Zoetis Inc.

Increases - CDW Corporation, Old Dominion Freight Line, Inc., O'Reilly Automotive, Inc., Pool Corporation, United Rentals, Inc.

Reductions - Apple Inc., Booking Holdings Inc. Common St, Copart, Inc., Edwards Lifesciences Corporatio, Alphabet Inc., and 8 more

Complete Exits - iShares Russell 1000 Growth ETF, UnitedHealth Group Incorporated

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 2025	AAPL Apple Inc.	Apple Inc.	Sell	-3,236	-2.0%	$32.91M	161,857
Q2 2025	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-156	-2.7%	$30.97M	5,655
Q2 2025	CDW CDW Corporation	CDW Corporation	Buy	+859	+0.7%	$19.99M	116,123
Q2 2025	CPRT Copart, Inc.	Copart, Inc.	Sell	-8,116	-1.7%	$21.97M	480,291
Q2 2025	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Sell	-13,784	-7.2%	$14.26M	178,034
Q2 2025	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-46,625	-18.8%	$39.26M	201,303
Q2 2025	IWF iShares Russell 1000 Growth ETF	iShares Russell 1000 Growth ETF	Sell - Position Exit	-7,588	-100.0%	$0.00	-
Q2 2025	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-1,223	-1.8%	$53.05M	68,330
Q2 2025	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-556	-0.7%	$41.03M	76,605
Q2 2025	MSI Motorola Solutions, Inc.	Motorola Solutions, Inc.	Sell	-998	-1.8%	$24.46M	55,591
Q2 2025	ODFL Old Dominion Freight Line, Inc.	Old Dominion Freight Line, Inc.	Buy	+2,949	+3.6%	$12.32M	85,320
Q2 2025	ORLY O'Reilly Automotive, Inc.	O'Reilly Automotive, Inc.	Buy	+172,617	+1370.7%	$18.77M	185,210
Q2 2025	POOL Pool Corporation	Pool Corporation	Buy	+968	+3.2%	$9.68M	31,244
Q2 2025	PYPL PayPal Holdings, Inc.	PayPal Holdings, Inc.	Sell	-7,934	-1.7%	$31.68M	465,841
Q2 2025	SPGI S&P Global Inc.	S&P Global Inc.	Sell	-609	-1.8%	$18.85M	33,482
Q2 2025	TSCO Tractor Supply Company	Tractor Supply Company	Sell	-7,299	-1.5%	$28.13M	472,766
Q2 2025	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-39,313	-16.6%	$47.20M	197,500
Q2 2025	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell - Position Exit	-10,302	-100.0%	$0.00	-
Q2 2025	URI United Rentals, Inc.	United Rentals, Inc.	Buy	+1,234	+5.0%	$22.64M	26,063
Q2 2025	V Visa Inc.	Visa Inc.	Sell	-4,085	-4.6%	$29.29M	85,603
Q2 2025	ZTS Zoetis Inc.	Zoetis Inc.	Buy - Position Entry	+123,343	-	$18.72M	123,343