WEDGEWOOD PARTNERS INC — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, WEDGEWOOD PARTNERS INC initiated 2 new positions, increased allocation to 2 existing positions, trimmed 10 positions, and exited 1 position entirely. The fund's 13F equity book declined from $0.54B to $0.48B (-9.6% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $0.54BPrior quarter
- $0.48BCurrent quarter
- $-0.05BNet delta
- -9.6%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| PROGRESSIVE CORP | PGR | 3.41% | Holders → |
| TOLL BROTHERS, INC. (TOL) | TOL | 2.49% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| AMAZON COM INC | AMZN | +1.79% | +71.47% | History → |
| ZOETIS INC | ZTS | +0.31% | +8.44% | Holders → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| ISHARES TR | IWF | -1.02% | -95.64% | Holders → |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | -1.45% | -29.95% | History → |
| EDWARDS LIFESCIENCES CORP | EW | -0.05% | -5.48% | Holders → |
| O'REILLY AUTOMOTIVE | ORLY | 0.19% | -5.47% | Holders → |
| APPLE INC | AAPL | -0.17% | -5.45% | History → |
| MOTOROLA SOLUTIONS INC NEW | MSI | 0.95% | -5.27% | History → |
| TRACTOR SUPPLY CO | TSCO | -0.23% | -5.18% | Holders → |
| BOOKING HOLDINGS INC | BKNG | -1.02% | -5.16% | History → |
| OLD DOMINION FREIGHT LINE IN | ODFL | 1.08% | -5.09% | History → |
| ALPHABET INC | GOOGL | -0.34% | -5.01% | History → |
Exited Positions Q1 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 | 2.35% |
Methodology & FAQ
How WEDGEWOOD PARTNERS INC Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for WEDGEWOOD PARTNERS INC against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did WEDGEWOOD PARTNERS INC initiate in Q1 2026?
WEDGEWOOD PARTNERS INC established 2 new positions in Q1 2026: PROGRESSIVE CORP (PGR, 3.41%), TOLL BROTHERS, INC. (TOL) (TOL, 2.49%).
Which existing positions saw the largest allocation increases for WEDGEWOOD PARTNERS INC in Q1 2026?
The largest portfolio-weight increases in existing positions were: AMAZON COM INC (AMZN, +1.79% weight, +71.47% shares), ZOETIS INC (ZTS, +0.31% weight, +8.44% 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 2.35%).
Which existing positions saw the largest allocation reductions for WEDGEWOOD PARTNERS INC in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: ISHARES TR (IWF, -1.02% weight, -95.64% shares), TAIWAN SEMICONDUCTOR MANUFAC (TSM, -1.45% weight, -29.95% shares), EDWARDS LIFESCIENCES CORP (EW, -0.05% weight, -5.48% shares), O'REILLY AUTOMOTIVE (ORLY, 0.19% weight, -5.47% shares), APPLE INC (AAPL, -0.17% weight, -5.45% shares), MOTOROLA SOLUTIONS INC NEW (MSI, 0.95% weight, -5.27% shares), TRACTOR SUPPLY CO (TSCO, -0.23% weight, -5.18% shares), BOOKING HOLDINGS INC (BKNG, -1.02% weight, -5.16% shares), OLD DOMINION FREIGHT LINE IN (ODFL, 1.08% weight, -5.09% shares), ALPHABET INC (GOOGL, -0.34% weight, -5.01% 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.