N-PORT filing recap · September 2025

What did Wedgewood Fund buy in September 2025?

Reported stock-position changes between this filing and the previous one. These are Wedgewood Fund's own holdings, not the firm's.

Stock value

$26.21M

Positions

Estimated turnover

17.1%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Period in review

Wedgewood Fund exited Apple and Edwards Lifesciences entirely during September. It also trimmed Taiwan Semiconductor Manufacturing and added to Booking Holdings and Visa. Most other moves were slight reductions across positions including Meta Platforms, Alphabet, Microsoft, PayPal, and Tractor Supply.

Increased positions

BKNGBooking Holdings Inc.$1.69Mreported value+52 shares+19.9%VVisa Inc.$1.64Mreported value+595 shares+14.1%

Reduced positions

TSMTaiwan Semiconductor Manufacturing$2.82Mreported value-2.5K shares-19.7%METAMeta Platforms, Inc.$2.73Mreported value-170 shares-4.4%GOOGLAlphabet Inc.$2.60Mreported value-910 shares-7.9%MSFTMicrosoft Corporation$2.18Mreported value-155 shares

Exited positions

AAPLApple Inc.$1.91Mprior reported value-9.3K shares-100.0%EWEdwards Lifesciences Corporation$795.2Kprior reported value-10.2K shares-100.0%