13F filing recap · Q4 2006

What did Wedgewood Partners buy in Q4 2006?

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

$514.54M

Positions

Estimated turnover

29.9%

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

WUThe Western Union Company$27.87Mreported value+1.24M shares

Increased positions

BRK.BBerkshire Hathaway Inc$43.25Mreported value+283 shares+2.5%AAPLApple Inc.$42.19Mreported value+17.7K shares+3.7%AMGNAmgen Inc.$36.15Mreported value+36.6K shares+7.4%MSFTMicrosoft Corporation$31.61Mreported value+114.9K shares

Reduced positions

LLTCLinear Technology Corporation$20.89Mreported value-49.1K shares-7.0%HDHome Depot, Inc.$14.01Mreported value-365.0K shares-51.1%SSprint Nextel Corporation$3.76Mreported value-941.9K shares-82.6%WWYWm. Wrigley Jr. Company$3.70Mreported value-4.9K shares

Exited positions

EQEmbarq Corporation$1.49Mprior reported value-30.8K shares-100.0%GNTXGentex Corporation$291.0Kprior reported value-20.5K shares-100.0%SYYSysco Corporation$269.0Kprior reported value-5.5K shares-100.0%