13F filing recap · Q4 2007

What did Wedgewood Partners buy in Q4 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

$452.12M

Positions

Estimated turnover

34.4%

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

GSThe Goldman Sachs Group, Inc.$17.70Mreported value+82.3K shares CTSHCognizant Technology Solutions Corporation$14.95Mreported value+440.5K shares EMCEmc Corp$14.36Mreported value+775.0K shares

Increased positions

WLPWellpoint, Inc.$29.70Mreported value+65.0K shares+23.8%QCOMQualcomm Inc/de$26.31Mreported value+103.1K shares+18.2%MDTMedtronic Plc$24.00Mreported value+49.3K shares+11.5%LMLegg Mason Inc$16.54Mreported value+52.5K shares

Reduced positions

BRK.BBerkshire Hathaway Inc$48.26Mreported value-688 shares-6.3%AAPLApple Inc.$38.37Mreported value-61.5K shares-24.1%GOOGLAlphabet Inc.$25.99Mreported value-5.2K shares-12.1%VARVarian Medical Systems, Inc.$24.67Mreported value-178.0K shares

Exited positions

CBHCommerce Bancorp, Inc.$19.81Mprior reported value-510.9K shares-100.0%LLTCLinear Technology Corporation$15.30Mprior reported value-437.2K shares-100.0%