13F filing recap · Q2 2003

What did Wedgewood Partners buy in Q2 2003?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Wedgewood account, including accounts that belong to no fund below.

Stock value

$129.90M

Positions

Estimated turnover

8.1%

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.

New positions

FDCFirst Data Corp$315.0Kreported value+7.6K shares

Increased positions

BRK.BBerkshire Hathaway Inc$9.58Mreported value+572 shares+17.0%PFEPfizer Inc.$8.86Mreported value+9.3K shares+3.7%MSFTMicrosoft Corporation$7.63Mreported value+4.1K shares+1.4%PPDPpd, Inc.$6.75Mreported value+8.8K shares

Reduced positions

AMGNAmgen Inc.$11.56Mreported value-21.5K shares-11.0%GNTXGentex Corporation$8.45Mreported value-12.1K shares-4.2%NXTLNextel Communications, Inc.$8.34Mreported value-112.5K shares-19.6%HDHome Depot, Inc.$7.93Mreported value-3.7K shares