WEDGEWOOD PARTNERS INC 13F: Quarter-over-Quarter Portfolio Changes
WEDGEWOOD PARTNERS INC reported a disclosed portfolio value of approximately $484.3 million in its latest SEC Form 13F-HR filing for Q1 2026, down 9.6% quarter on quarter. Over the quarter, the manager initiated 2 new positions, bought more shares in 2 holdings, trimmed 18 holdings, and exited 1 position.
WEDGEWOOD PARTNERS INC's top buy was a new stake in Progressive CORP (PGR) , equal to 3.4% of the disclosed portfolio. Its top sell was Paypal Hldgs INC (PYPL) . The manager exited the position completely after it had accounted for 2.4% of the previous portfolio.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| PROGRESSIVE CORP | PGR | 3.4% | Holders → |
| TOLL BROTHERS, INC. (TOL) | TOL | 2.5% | Holders → |
Top BuysQ1 2026
The manager's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| AMAZON.COM | AMZN | +1.8% | +71.5% | History → |
| ZOETIS INC | ZTS | +0.3% | +8.4% | Holders → |
Top SellsQ1 2026
Showing the top 10 sells among 18 existing positions where the manager sold shares in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| ISHARES RUSSELL 1000 GROWTH ET | IWF | -1.0% | 95.6% | Holders → |
| TAIWAN SEMIC-ADR | TSM | -1.5% | 30.0% | History → |
| EDWARDS LIFESCIENCES CORP | EW | -0.1% | 5.5% | Holders → |
| O'REILLY AUTOMOTIVE | ORLY | 0.2% | 5.5% | Holders → |
| APPLE | AAPL | -0.2% | 5.5% | History → |
| MOTOROLA SOLUTIONS INC NEW | MSI | 1.0% | 5.3% | History → |
| TRACTOR SUPPLY CO | TSCO | -0.2% | 5.2% | Holders → |
| BOOKING HLDGS INC | BKNG | -1.0% | 5.2% | History → |
| OLD DOMINION FREIGHT LINE IN | ODFL | 1.1% | 5.1% | History → |
| ALPHABET CL A | GOOGL | -0.3% | 5.0% | History → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| PAYPAL HLDGS INC | PYPL | 2.4% |
Net Portfolio Value ChangeQ1 2026
- $0.5BPrior quarter
- $0.5BCurrent quarter
- $-0.1BNet delta
- -9.6%% change
Methodology & FAQ
How WEDGEWOOD PARTNERS INC Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for WEDGEWOOD PARTNERS INC: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did WEDGEWOOD PARTNERS INC buy in Q1 2026?
In Q1 2026, WEDGEWOOD PARTNERS INC initiated 2 new positions (PROGRESSIVE CORP (PGR), TOLL BROTHERS, INC. (TOL) (TOL)); bought more shares of AMAZON.COM (AMZN), ZOETIS INC (ZTS).
What stocks did WEDGEWOOD PARTNERS INC sell in Q1 2026?
In Q1 2026, WEDGEWOOD PARTNERS INC fully sold 1 position (PAYPAL HLDGS INC (PYPL)); reduced holdings in ISHARES RUSSELL 1000 GROWTH ET (IWF), TAIWAN SEMIC-ADR (TSM), EDWARDS LIFESCIENCES CORP (EW), O'REILLY AUTOMOTIVE (ORLY), APPLE (AAPL) — the largest 5 of 18 reductions.
Which positions did WEDGEWOOD PARTNERS INC initiate in Q1 2026?
WEDGEWOOD PARTNERS INC established 2 new positions in Q1 2026: PROGRESSIVE CORP (PGR, 3.4%), TOLL BROTHERS, INC. (TOL) (TOL, 2.5%).
Which existing positions saw the largest allocation increases for WEDGEWOOD PARTNERS INC in Q1 2026?
Of 2 existing positions with share-count increases in Q1 2026, the largest were: AMAZON.COM (AMZN, +1.8% weight, +71.5% shares), ZOETIS INC (ZTS, +0.3% weight, +8.4% shares).
Which positions did WEDGEWOOD PARTNERS INC fully exit in Q1 2026?
WEDGEWOOD PARTNERS INC fully exited 1 position in Q1 2026: PAYPAL HLDGS INC (PYPL, last-reported weight 2.4%).
Which existing positions saw the largest allocation reductions for WEDGEWOOD PARTNERS INC in Q1 2026?
Of 18 existing positions with share-count reductions in Q1 2026, the largest were: ISHARES RUSSELL 1000 GROWTH ET (IWF, -1.0% weight, -95.6% shares), TAIWAN SEMIC-ADR (TSM, -1.5% weight, -30.0% shares), EDWARDS LIFESCIENCES CORP (EW, -0.1% weight, -5.5% shares), O'REILLY AUTOMOTIVE (ORLY, 0.2% weight, -5.5% shares), APPLE (AAPL, -0.2% weight, -5.5% shares), MOTOROLA SOLUTIONS INC NEW (MSI, 1.0% weight, -5.3% shares), TRACTOR SUPPLY CO (TSCO, -0.2% weight, -5.2% shares), BOOKING HLDGS INC (BKNG, -1.0% weight, -5.2% shares), OLD DOMINION FREIGHT LINE IN (ODFL, 1.1% weight, -5.1% shares), ALPHABET CL A (GOOGL, -0.3% weight, -5.0% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.