David Rolfe - Wedgewood Partners 13F Activity & Position Changes (Q3 2016)
According to the SEC 13F filed on Aug 14, 2026, the Wedgewood Partners portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2016. 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 Q3 2016, the filing reported:
New Buys - AT&T Inc., Verizon Communications Inc.
Increases - None reported
Reductions - Apple Inc., Ameren Corporation, Berkshire Hathaway Inc. New, Cognizant Technology Solutions , Ecolab Inc., and 11 more
Complete Exits - Procter & Gamble Company (The)
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q3 2016
|
AAPL
Apple Inc.
|
Sell |
-808,505
|
|
Q3 2016
|
AEE
Ameren Corporation
|
Sell |
-1,817
|
|
Q3 2016
|
BRK-B
Berkshire Hathaway Inc. New
|
Sell |
-287,829
|
|
Q3 2016
|
CTSH
Cognizant Technology Solutions
|
Sell |
-248,539
|
|
Q3 2016
|
ECL
Ecolab Inc.
|
Sell |
-21
|
|
Q3 2016
|
ED
Consolidated Edison, Inc.
|
Sell |
-600
|
|
Q3 2016
|
KHC
The Kraft Heinz Company
|
Sell |
-327,053
|
|
Q3 2016
|
LKQ
LKQ Corporation
|
Sell |
-2,757,038
|
|
Q3 2016
|
PEP
Pepsico, Inc.
|
Sell |
-20
|
|
Q3 2016
|
PG
Procter & Gamble Company (The)
|
Sell - Position Exit |
-2,400
|
|
Q3 2016
|
QCOM
QUALCOMM Incorporated
|
Sell |
-552,553
|
|
Q3 2016
|
ROST
Ross Stores, Inc.
|
Sell |
-334,366
|
|
Q3 2016
|
SCHW
Charles Schwab Corporation (The
|
Sell |
-278,416
|
|
Q3 2016
|
SLB
Schlumberger N.V.
|
Sell |
-250,823
|
|
Q3 2016
|
SRCL
Stericycle, Inc.
|
Sell |
-143,124
|
|
Q3 2016
|
T
AT&T Inc.
|
Buy - Position Entry |
+11,470
|
|
Q3 2016
|
TJX
TJX Companies, Inc. (The)
|
Sell |
-81,530
|
|
Q3 2016
|
USB
U.S. Bancorp
|
Sell |
-16,060
|
|
Q3 2016
|
VZ
Verizon Communications Inc.
|
Buy - Position Entry |
+18,975
|