David Rolfe - Wedgewood Partners Investment Strategy & Portfolio Analysis
How Wedgewood Partners allocates capital, manages risk, and constructs its portfolio — based on SEC 13F filings.
As of Mar 31, 2026, David Rolfe's Wedgewood Partners portfolio reflects a growth-oriented investor approach across 22 reported 13F positions. Portfolio returns are led by Alphabet (~9% of total exposure), with the top five holdings representing approximately 39% of reported value. The portfolio maintains structural breadth across 22 positions, with economic weighting tilted toward large-cap technology and growth-oriented names. Exposure to high-growth and technology-oriented segments is elevated relative to peers, with performance anchored in growth-oriented names across technology, consumer discretionary, and communication services. The portfolio exhibits extremely low turnover, reinforcing a patient, conviction-led investment approach. Distinctive traits include Long-Term Holder, Structurally Diversified.
Investment Style
Value, growth, quality, and behavioral classification from latest 13F holdings.
Primary type: Growth-Oriented Investor
Traits: Long-Term Holder, Structurally Diversified
Turnover profile
Moderate
Holding horizon
Long-Term
Portfolio Construction
Concentration and position sizing in the latest filing.
Portfolio construction is moderately concentrated: top three names represent 26.0% of assets, top five 39.2%, and the largest single position is 9.2%.
Top 3 weight
26.0%
Top 5 weight
39.2%
Top 10 weight
63.7%
Largest position
9.2%
Top holdings: Alphabet Inc., Taiwan Semiconductor Manufactur, Meta Platforms, Inc., Apple Inc., Motorola Solutions, Inc. — view full holdings
Sector Preferences
Where capital is allocated by sector.
Capital is tilted toward Technology and Consumer Cyclical, with 7 sectors represented in the latest filing.
Leading sectors: Technology, Consumer Cyclical, Communication Services
Risk Framework
Concentration, diversification, and turnover tolerance.
This investor accepts moderate single-name risk (largest position 9.2%, top ten 63.7%) and moderate economic diversification (HHI 0.01). Turnover tolerance maps to a moderate profile.
Largest position
9.2%
Top 10 weight
63.7%
Max sector
31.5%
Diversification
Moderate
Strategy Evolution
How the strategy changed between the two most recent filing periods.
Dec 31, 2025 → Mar 31, 2026
- Position count increased from 21 to 22 (+1 names).
- Top-five concentration fell from 42.8% to 39.2%.
- Dominant sector mix shifted from Technology, Communication Services to Technology, Consumer Cyclical.
- Largest holding changed from Taiwan Semiconductor Manufactur to Alphabet Inc..
- Quarter-over-quarter portfolio weight turnover: 10.5%.
For trade-level changes, see the Activity page. View activity.
Similar Investors
Peer group with comparable portfolio behavior.
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