David Rolfe Portfolio Concentration Analysis: Top Holdings & Share Changes

Detailed analysis of David Rolfe's portfolio concentration as of December 31, 2025, highlighting major holdings and share changes.

By AI Generated.Mar 2, 2026, 10:06 AM

MSFT

Wedgewood Partners' investor David Rolfe's portfolio, valued at approximately $535 million as of December 31, 2025, shows significant concentration in large-cap technology and communication services stocks. The holdings reflect a focus on established industry leaders, with several positions experiencing notable share changes during the reporting period.

The largest position in Rolfe's portfolio is Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), holding 10.48% of the total value. This position saw a reduction in shares, decreasing by 2.44% year-over-year. Apple Inc. (AAPL) follows with a substantial 7.26% allocation, while Microsoft Corp. (MSFT) and Meta Platforms Inc. (META) each hold around 7.0% and 8.52% respectively, rounding out the top five holdings by percentage.

Communication Services sector exposure is significant, with Alphabet Inc. (GOOGL) representing 9.58% of the portfolio. This position also experienced a substantial reduction, with shares declining by 20.9%. Booking Holdings Inc. (BKNG) holds 5.82% and Visa Inc. (V) 5.71%, completing the top six holdings by allocation.

Notable changes occurred across several positions. Motorola Solutions Inc. (MSI) saw a significant increase in allocation, rising by 24.61% in shares during the period. Other companies like United Rentals Inc. (URI) and Tractor Supply Co. (TSCO) experienced slight reductions, while Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) and others like Alphabet Inc. (GOOGL) and Apple Inc. (AAPL) saw moderate decreases.