13F filing recap · Q2 2023

What did Wedgewood Partners buy in Q2 2023?

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

$620.29M

Positions

Estimated turnover

7.3%

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

PEPPepsico, Inc.$324.0Kreported value+1.8K shares VEAVanguard Ftse Developed Markets ETF$299.0Kreported value+6.5K shares AMZNAmazon.com Inc$208.0Kreported value+1.6K shares

Increased positions

PYPLPayPal Holdings, Inc.$32.22Mreported value+152.4K shares+46.1%BKNGBooking Holdings Inc.$24.66Mreported value+229 shares+2.6%ODFLOld Dominion Freight Line, Inc.$20.71Mreported value+608 shares+1.1%POOLPool Corporation$16.76Mreported value+107 shares

Reduced positions

AAPLApple Inc.$64.00Mreported value-26.9K shares-7.5%METAMeta Platforms, Inc.$48.00Mreported value-19.0K shares-10.2%MSIMotorola, Inc.$44.31Mreported value-6.6K shares-4.2%VVisa Inc.$41.95Mreported value-10.4K shares

Exited positions

FRCFirst Republic Bank$2.82Mprior reported value-201.8K shares-100.0%PGRProgressive Corp/oh/$500.0Kprior reported value-3.5K shares-100.0%NLYAnnaly Capital Management, Inc.$299.0Kprior reported value-15.7K shares-100.0%PAYXPaychex, Inc.$229.0Kprior reported value-2.0K shares