13F filing recap · Q2 2017

What did Wedgewood Partners buy in Q2 2017?

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

$3.27B

Positions

Estimated turnover

26.4%

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

CAFD8point3 Energy Partners LP$173.0Kreported value+11.5K shares

Increased positions

FASTFastenal Co$151.22Mreported value+1.17M shares+50.7%TSCOTractor Supply Co /de/$138.59Mreported value+356.6K shares+16.2%ROSTRoss Stores, Inc.$110.03Mreported value+183.6K shares+10.7%CELGCelgene Corporation$103.82Mreported value+607.4K shares

Reduced positions

BRK.BBerkshire Hathaway Inc$295.96Mreported value-436.9K shares-20.0%AAPLApple Inc.$248.10Mreported value-496.9K shares-22.4%PCLNBooking Holdings Inc$223.90Mreported value-26.9K shares-18.4%VVisa Inc.$208.92Mreported value-639.2K shares

Exited positions

COHCoach Inc$506.0Kprior reported value-12.3K shares-100.0%