David Rolfe - Wedgewood Partners 13F Activity & Position Changes (Q4 2014)

According to the SEC 13F filed on Aug 14, 2026, the Wedgewood Partners portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2014. 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 Q4 2014, the filing reported:

New Buys - None reported

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

Reductions - Apple Inc., Berkshire Hathaway Inc. New

Complete Exits - None reported

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
Q4 2014	AAPL Apple Inc.	Apple Inc.	Sell	-564,588	-11.6%	$476.19K	4,314,062
Q4 2014	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-236,844	-5.6%	$600.21K	3,997,425
Q4 2014	CMI Cummins Inc.	Cummins Inc.	Buy	+202,080	+14.8%	$225.46K	1,563,820
Q4 2014	CTSH Cognizant Technology Solutions	Cognizant Technology Solutions	Buy	+957,560	+10.7%	$521.42K	9,901,736
Q4 2014	LKQ LKQ Corporation	LKQ Corporation	Buy	+1,043,199	+12.4%	$264.96K	9,422,474
Q4 2014	QCOM QUALCOMM Incorporated	QUALCOMM Incorporated	Buy	+1,616,816	+24.4%	$613.51K	8,253,896
Q4 2014	SLB Schlumberger N.V.	Schlumberger N.V.	Buy	+1,840,183	+80.1%	$353.47K	4,138,543
Q4 2014	SRCL Stericycle, Inc.	Stericycle, Inc.	Buy	+306,418	+12.1%	$371.66K	2,835,367