David Rolfe - Wedgewood Partners Investment Strategy (Jun 30, 2025)
As of Jun 30, 2025, the Wedgewood Partners portfolio managed by David Rolfe demonstrates a sophisticated investment approach with 22 positions and an average holding period of 607 quarters. The strategy focuses on Communication Services, Consumer Cyclical, Energy, Financial Services, Healthcare, Industrials, Technology sectors with a typical position size of 5.2% of the portfolio.
The portfolio's risk management approach includes a maximum position size of 5.23% and sector diversification of 7%, exemplified by the case study of FACEBOOK (META). This strategic framework provides insights into David Rolfe's investment philosophy, risk management practices, and long-term value creation approach.
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 1.7 years | Style | Average duration positions are maintained |
| Position Count | 22 | Style | Number of active positions in portfolio |
| Position Size | 5.2% | Risk | Typical allocation per position |
| Win Rate | 60.3% | Performance | Percentage of profitable positions |
| Average Return | 5.0% | Performance | Mean return across positions |
| Sharpe Ratio | 0.23 | Performance | Return per unit of risk taken |
Investment Case Study: FACEBOOK (META)
9/30/2018 - 11/9/2025
Performance Metrics
Total Return: -107.35%
Holding Period: 2597 days
Max Position Size: $113,552.00
Position Weight: 7.29%
Key Events
Investment Thesis
Entry Context: Initial position established based on fundamental analysis
Sector Conditions: Favorable market conditions in the sector
- Market volatility
- Sector-specific risks
Key Learnings
- Position sizing is critical for portfolio management
- Important to monitor sector exposure