David Rolfe - Wedgewood Partners 13F Activity & Position Changes (Q4 2025)

According to the SEC 13F filed on Feb 17, 2026, the Wedgewood Partners portfolio showed several notable changes in holdings as of quarter-end Dec 31, 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 Q4 2025, the filing reported:

New Buys - Amazon.com, Inc., Chubb Limited, iShares Russell 1000 Growth ETF

Increases - CDW Corporation, Motorola Solutions, Inc., Old Dominion Freight Line, Inc.

Reductions - Apple Inc., Booking Holdings Inc. Common St, Copart, Inc., Edwards Lifesciences Corporatio, Alphabet Inc., and 10 more

Complete Exits - Pool Corporation

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 2025	AAPL Apple Inc.	Apple Inc.	Sell	-23,970	-14.4%	$38.85M	142,920
Q4 2025	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy - Position Entry	+58,266	-	$13.45M	58,266
Q4 2025	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Sell	-83	-1.4%	$31.15M	5,817
Q4 2025	CB Chubb Limited	Chubb Limited	Buy - Position Entry	+56,526	-	$17.64M	56,526
Q4 2025	CDW CDW Corporation	CDW Corporation	Buy	+31,347	+26.0%	$20.68M	151,871
Q4 2025	CPRT Copart, Inc.	Copart, Inc.	Sell	-10,935	-2.2%	$19.03M	486,085
Q4 2025	EW Edwards Lifesciences Corporatio	Edwards Lifesciences Corporatio	Sell	-3,819	-2.1%	$15.42M	180,882
Q4 2025	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-43,319	-20.9%	$51.30M	163,913
Q4 2025	IWF iShares Russell 1000 Growth ETF	iShares Russell 1000 Growth ETF	Buy - Position Entry	+12,019	-	$5.69M	12,019
Q4 2025	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-1,459	-2.1%	$45.64M	69,135
Q4 2025	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-1,712	-2.2%	$37.48M	77,496
Q4 2025	MSI Motorola Solutions, Inc.	Motorola Solutions, Inc.	Buy	+14,167	+24.6%	$27.49M	71,724
Q4 2025	ODFL Old Dominion Freight Line, Inc.	Old Dominion Freight Line, Inc.	Buy	+31,504	+35.6%	$18.82M	120,051
Q4 2025	ORLY O'Reilly Automotive, Inc.	O'Reilly Automotive, Inc.	Sell	-2,942	-1.5%	$17.21M	188,726
Q4 2025	POOL Pool Corporation	Pool Corporation	Sell - Position Exit	-32,322	-100.0%	$0.00	-
Q4 2025	PYPL PayPal Holdings, Inc.	PayPal Holdings, Inc.	Sell	-268,751	-55.5%	$12.60M	215,900
Q4 2025	SPGI S&P Global Inc.	S&P Global Inc.	Sell	-960	-2.8%	$17.64M	33,764
Q4 2025	TSCO Tractor Supply Company	Tractor Supply Company	Sell	-8,887	-1.8%	$24.06M	481,023
Q4 2025	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-4,621	-2.4%	$56.12M	184,661
Q4 2025	URI United Rentals, Inc.	United Rentals, Inc.	Sell	-411	-1.5%	$21.46M	26,514
Q4 2025	V Visa Inc.	Visa Inc.	Sell	-1,969	-2.2%	$30.56M	87,151
Q4 2025	ZTS Zoetis Inc.	Zoetis Inc.	Sell	-22,821	-17.9%	$13.17M	104,701