13F filing recap · Q1 2007

What did Wedgewood Partners buy in Q1 2007?

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

$460.51M

Positions

Estimated turnover

23.4%

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

EXPDExpeditors International of Washington, Inc.$21.95Mreported value+531.1K shares

Increased positions

CBHCommerce Bancorp, Inc.$29.74Mreported value+8.7K shares+1.0%QCOMQualcomm Inc/de$28.33Mreported value+41.4K shares+6.7%WFMWhole Foods Market Inc.$27.78Mreported value+66.3K shares+12.0%VARVarian Medical Systems, Inc.$26.28Mreported value+30.0K shares

Reduced positions

BRK.BBerkshire Hathaway Inc$40.01Mreported value-807 shares-6.8%YHOOAltaba Inc.$31.84Mreported value-11.1K shares-1.1%LMLegg Mason Inc$30.08Mreported value-10.2K shares-3.1%AMGNAmgen Inc.$29.19Mreported value-6.9K shares

Exited positions

MSFTMicrosoft Corporation$31.61Mprior reported value-1.08M shares-100.0%HDHome Depot, Inc.$14.01Mprior reported value-348.7K shares-100.0%SSprint Nextel Corporation$3.76Mprior reported value-199.1K shares-100.0%MBHIMidwest Banc Holdings$860.0Kprior reported value-36.3K shares