David Rolfe - Wedgewood Partners Investment Strategy & Portfolio Analysis
How Wedgewood Partners allocates capital, manages risk, and constructs its portfolio — based on SEC 13F filings.
According to the SEC 13F filed on Aug 14, 2026, David Rolfe's Wedgewood Partners portfolio reflects a growth-oriented investor approach across 18 reported 13F positions as of quarter-end Jun 30, 2026. Portfolio returns are led by Taiwan Semiconductor Manufactur (~10% of total exposure), with the top five holdings representing approximately 43% of reported value. The portfolio maintains structural breadth across 18 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, financials, and communication services. The portfolio exhibits low turnover, consistent with a buy-and-hold posture held through multiple reporting cycles. 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 28.7% of assets, top five 43.4%, and the largest single position is 10.4%.
Top 3 weight
28.7%
Top 5 weight
43.4%
Top 10 weight
71.8%
Largest position
10.4%
Top holdings: Taiwan Semiconductor Manufactur, Alphabet Inc., Meta Platforms, Inc., Apple Inc., Microsoft Corporation — view full holdings
Sector Preferences
Where capital is allocated by sector.
Capital is tilted toward Technology and Financial Services, with 6 sectors represented in the latest filing.
Leading sectors: Technology, Financial Services, Communication Services
Risk Framework
Concentration, diversification, and turnover tolerance.
This investor accepts moderate single-name risk (largest position 10.4%, top ten 71.8%) and moderate economic diversification (HHI 0.01). Turnover tolerance maps to a moderate profile.
Largest position
10.4%
Top 10 weight
71.8%
Max sector
30.7%
Diversification
Moderate
Strategy Evolution
How the strategy changed between the two most recent filing periods.
Mar 31, 2026 → Jun 30, 2026
- Position count decreased from 22 to 18 (-4 names).
- Top-five concentration rose from 39.2% to 43.4%.
- Dominant sector mix shifted from Technology, Consumer Cyclical to Technology, Financial Services.
- Largest holding changed from Alphabet Inc. to Taiwan Semiconductor Manufactur.
- Quarter-over-quarter portfolio weight turnover: 12.1%.
For trade-level changes, see the Activity page. View activity.
Similar Investors
Peer group with comparable portfolio behavior.
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