中文
Value GiantsValue investors’ 13F holdings, as a whole
Q2 2026 13FData as of Aug 18, 2026
Quality value

David Rolfe

Q2 2026 13F: 18 holdings worth about $484.4M; that quarter 0 new, 7 added, 11 trimmed, 4 sold out.

Firm: Wedgewood Partners Inc
Filer: WEDGEWOOD PARTNERS INC CIK 859804
Last filed: Aug 14, 2026 | Quality value | Counted in this quarter’s totals

13F lists only long positions in US-listed stocks (and some ETFs and convertibles); short positions, cash, bonds, shares listed outside the US and private companies are not shown, so this is not the giant’s whole portfolio.

Why This Giant Is Included

  • Rule numbers (Q2 2026): 18 holdings, top 10 = 72%, stocks $0.5B, options 0%; all four rules met
  • Source for the value approach: Home (Wedgewood Partners Inc): “Reasonable valuations provide a margin of safety. Patiently wait for opportunities to purchase great businesses at attractive prices.” (checked 2026-10-11)

Full selection rules →

13F value
$484.4M
previous $484.3M (+0.0%)
Holdings
18
0 new / 4 sold out
Net deploymentest.
−10.0%
est. net buying ÷ last quarter’s portfolio
Top-10 concentration
72%
overlap with the composite 17%
Turnoverest.
6.5%
held 26 quarters on average
I

Trades in Q2 2026

Sorted by position shift: how many percentage points of the portfolio the trade moved.

How to Read This

Share changes are split-adjusted. Est. trade price = (start + end price) ÷ 2; 13F does not show the actual trade date or price.

MoveCompanyChange in sharesChange %Position shift (pts)Start → end priceEst. trade price
Sold outCDWCDW Corp−144.9K—−4.21$121.02 → $140.64$130.83
Sold outTSCOTractor Supply Company−456.1K—−2.98$45.30 → $31.61$38.45
TrimmedTSMTaiwan Semiconductor Manufacturing−23.9K−18%−2.35$337.95 → $477.57$407.76
TrimmedGOOGLAlphabet Inc−28.5K−18%−2.10$287.56 → $357.37$322.47
TrimmedURIUnited Rentals Inc−8.5K−34%−1.98$728.56 → $1,133$930.73
AddedAMZNAmazon.com Inc+35.5K+36%+1.75$208.27 → $238.34$223.31
Sold outZTSZoetis Inc−113.5K—−1.68$118.21 → $71.86$95.03
AddedMETAMeta Platforms, Inc+10.7K+16%+1.24$572.13 → $563.29$567.71
AddedMSFTMicrosoft Corp+15.6K+21%+1.20$370.17 → $373.02$371.60
AddedPGRProgressive Corp+22.9K+27%+1.03$198.24 → $218.45$208.35
AddedCBChubb Ltd+14.2K+26%+1.00$325.93 → $340.74$333.33
AddedVVisa Inc+6.2K+7%+0.44$302.24 → $343.09$322.66
TrimmedAAPLApple Inc−4.4K−3%−0.27$253.79 → $289.36$271.57
TrimmedMSIMotorola Solutions, Inc−2.3K−3%−0.20$433.97 → $415.29$424.63
TrimmedBKNGBooking Holdings Inc−4.6K−3%−0.17$4,210 → $178.24$2,194
TrimmedODFLOld Dominion Freight Line−3.7K−3%−0.16$195.40 → $216.60$206.00
TrimmedORLYO’Reilly Automotive Inc−5.8K−3%−0.11$92.31 → $92.09$92.20
TrimmedEWEdwards Lifesciences Corp−5.8K−3%−0.11$80.08 → $90.46$85.27
TrimmedCPRTCopart Inc−15.0K−3%−0.09$33.20 → $28.19$30.70
TrimmedSPGIS&P Global Inc−1.0K−3%−0.09$425.34 → $407.26$416.30
AddedTOLToll Brothers, Inc+2.3K+3%+0.08$136.47 → $164.75$150.61
Sold outIWFiShares Russell 1000 Growth−2.1K—−0.05$426.40 → $124.17$275.28
II

All Holdings (18 Companies)

Share classes of one company are combined; click a heading to re-sort.

How to Read This

Est. average cost: shares bought each quarter × (start + end price) ÷ 2, weighted; trims do not change the cost. Positions held before Q1 1999 (or the giant’s earliest electronic filing) start from that quarter’s price and are marked ‘start point’. vs cost = quarter-end price ÷ est. average cost − 1, excluding dividends.

CompanySectorWeight (prev.)SharesValueThis quarterFirst boughtQuarters heldEst. avg costQuarter-end pricevs costHistory
TSMTaiwan Semiconductor ManufacturingInformation technology10.4%9.0%105.5K$50.4MTrimmed −18%Q2 202121$111.75est.$477.57+327%History
GOOGLAlphabet IncInformation technology9.4%9.2%127.2K$45.5MTrimmed −18%Q3 201544$50.22est.$357.37+612%History
METAMeta Platforms, IncInformation technology8.9%7.8%76.5K$43.1MAdded +16%Q1 201834$269.03est.$563.29+109%History
AAPLApple IncInformation technology7.8%7.1%130.7K$37.8MTrimmed −3%Q1 200682$27.16est.$289.36+965%History
MSFTMicrosoft CorpInformation technology6.9%5.7%89.5K$33.4MAdded +21%Q1 202026$258.67est.$373.02+44%History
AMZNAmazon.com IncConsumer discretionary6.7%4.3%135.4K$32.3MAdded +36%Q4 20253$222.96est.$238.34+7%History
VVisa IncFinancials6.3%5.2%89.2K$30.6MAdded +7%Q4 200871$144.72est.$343.09+137%History
MSIMotorola Solutions, IncInformation technology5.6%6.1%65.6K$27.3MTrimmed −3%Q2 201929$218.65est.$415.29+90%History
ODFLOld Dominion Freight LineIndustrials4.9%4.6%110.3K$23.9MTrimmed −3%Q1 202122$213.46est.$216.60+1%History
BKNGBooking Holdings IncConsumer discretionary4.9%4.8%133.4K$23.8MTrimmed −3%Q1 202122$98.26est.$178.24+81%History
PGRProgressive CorpFinancials4.8%3.4%106.3K$23.2MAdded +27%Q1 20262$211.98est.$218.45+3%History
CBChubb LtdFinancials4.8%3.6%68.0K$23.2MAdded +26%Q4 20253$304.70est.$340.74+12%History
URIUnited Rentals IncIndustrials3.9%3.8%16.7K$19.0MTrimmed −34%Q1 20256$672.73est.$1,133+68%History
ORLYO’Reilly Automotive IncConsumer discretionary3.3%3.4%172.6K$15.9MTrimmed −3%Q3 202312$71.35est.$92.09+29%History
EWEdwards Lifesciences CorpHealth care3.1%2.8%165.2K$14.9MTrimmed −3%Q1 201738$58.09est.$90.46+56%History
TOLToll Brothers, IncIndustrials3.1%2.5%90.6K$14.9MAdded +3%Q1 20262$136.22est.$164.75+21%History
SPGIS&P Global IncFinancials2.6%2.8%31.3K$12.8MTrimmed −3%Q4 201927$341.96est.$407.26+19%History
CPRTCopart IncConsumer discretionary2.6%3.2%447.7K$12.6MTrimmed −3%Q4 201927$23.11est.$28.19+22%History
III

Portfolio Map: Size Is Weight, Colour Is Gain or Loss against Cost

How to Read This

Each block is a company (up to 60); area = portfolio weight. The darker the colour, the further the quarter-end price is above (or below) the estimated cost: light 5–25%, medium 25–100%, darkest over 100%; grey is within 5%.

above costbelow costwithin 5%
Portfolio MapTSMTaiwan Semiconductor Ma…GOOGLAlphabet IncMETAMeta Platforms, IncAAPLApple IncMSFTMicrosoft CorpAMZNAmazon.com IncVVisa IncMSIMotorola Solutions…ODFLOld Dominion Fr…BKNGBooking Holding…PGRProgressive CorpCBChubb LtdURIUnited Rentals In…ORLYO’Reilly Autom…EWEdwards Lifescien…TOLToll Brothers, In…SPGIS&P Global IncCPRTCopart Inc
IV

Over Time

From Q1 2000, 106 quarters (this giant’s electronic 13F filings).

13F Value

13F Value$0$2.0B$4.0B$6.0BQ1 2000Q4 2002Q3 2005Q2 2008Q1 2011Q4 2013Q3 2016Q2 2019Q1 2022Q2 2026

Holdings

Holdings02040Q1 2000Q4 2002Q3 2005Q2 2008Q1 2011Q4 2013Q3 2016Q2 2019Q1 2022Q2 2026

Top-10 Concentration

Top-10 Concentration0%25%50%75%100%Q1 2000Q4 2002Q3 2005Q2 2008Q1 2011Q4 2013Q3 2016Q2 2019Q1 2022Q2 2026

Turnover (Est.)

Turnover0%10%20%Q1 2000Q4 2002Q3 2005Q2 2008Q1 2011Q4 2013Q3 2016Q2 2019Q1 2022Q2 2026

Sector Mix

Information technologyFinancialsCommunication & mediaConsumer discretionaryIndustrialsHealth careEnergyOther (incl. unclassified)
Sector Mix0%25%50%75%100%Q1 2000Q4 2002Q3 2005Q2 2008Q1 2011Q4 2013Q3 2016Q2 2019Q1 2022Q2 2026
V

Quarter by Quarter, with the Original Filings

* = not counted in that quarter’s totals. Links open the original SEC filing; 13F-HR/A is an amendment.

Show 106 Quarters
QuarterHoldingsNewSold out13F valueTurnoverNet deploymentSEC
Q2 20261804$484.4M6.5%−10.0%13F-HR
Q1 20262221$484.3M7.8%−2.8%13F-HR
Q4 20252131$535.5M9.4%−0.5%13F-HR
Q3 20251900$547.9M0.4%+2.8%13F-HR
Q2 20251912$515.2M4.3%−1.7%13F-HR
Q1 20252010$496.5M8.5%−1.5%13F-HR
Q4 20241911$507.9M0.3%−6.4%13F-HR
Q3 20241900$550.8M0.1%−1.1%13F-HR
Q2 20241900$490.1M1.9%−1.7%13F-HR
Q1 20241901$499.8M2.8%+2.4%13F-HR
Q4 20232001$475.2M4.1%−3.6%13F-HR
Q3 202321217$417.9M1.8%−30.3%13F-HR
Q2 20233635$620.3M2.1%−2.9%13F-HR
Q1 20233814$589.7M4.6%−1.2%13F-HR
Q4 20224132$544.3M1.1%−2.7%13F-HR
Q3 20224011$531.5M0.2%−3.9%13F-HR
Q2 20224024$578.9M4.2%−1.5%13F-HR
Q1 20224263$709.0M4.9%+5.2%13F-HR
Q4 20213923$753.3M6.3%−3.3%13F-HR
Q3 20214011$709.1M4.2%+0.3%13F-HR
Q2 20214020$690.0M2.6%−5.4%13F-HR
Q1 20213822$649.5M5.7%−8.0%13F-HR
Q4 20203830$672.3M2.1%−5.7%13F-HR
Q3 20203514$632.3M8.9%−3.1%13F-HR
Q2 20203814$590.1M2.8%−14.6%13F-HR
Q1 20204142$527.4M4.5%−33.0%13F-HR
Q4 20193943$986.1M9.1%−21.2%13F-HR 13F-HR/A
Q3 20193822$1.1B7.7%−5.4%13F-HR
Q2 20193853$1.2B7.6%−17.8%13F-HR
Q1 20193610$1.4B3.7%−23.4%13F-HR
Q4 20183501$1.5B2.2%−9.0%13F-HR
Q3 20183631$2.0B9.2%−7.4%13F-HR
Q2 20183422$2.0B0.3%−13.4%13F-HR
Q1 20183424$2.2B12.6%−10.6%13F-HR
Q4 20173602$2.5B1.3%−22.7%13F-HR
Q3 20173821$2.9B2.8%−14.1%13F-HR
Q2 20173711$3.3B4.7%−15.6%13F-HR
Q1 20173732$3.9B9.6%−10.4%13F-HR
Q4 20163621$4.1B5.2%−15.6%13F-HR
Q3 20163511$4.8B4.7%−6.3%13F-HR
Q2 20163535$4.9B4.9%−8.5%13F-HR
Q1 201637141$5.5B6.9%−6.1%13F-HR
Q4 20152400$5.8B5.4%−14.5%13F-HR
Q3 20152442$6.9B13.3%+0.1%13F-HR
Q2 20152200$7.5B1.9%+2.1%13F-HR 13F-HR/A
Q1 20152200$7.5B5.5%+0.2%13F-HR
Q4 20142210$7.4B5.0%+14.6%13F-HR
Q3 20142101$6.2B2.2%+7.7%13F-HR
Q2 20142221$5.7B5.9%+8.0%13F-HR
Q1 20142133$5.4B11.8%+16.4%13F-HR
Q4 20132112$4.8B8.3%+4.7%13F-HR
Q3 20132210$4.2B2.5%+10.6%13F-HR
Q2 20132123$3.5B12.7%+17.7%13F-HR 13F-HR/A
Q1 20132200$2.9B0.6%+28.7%13F-HR
Q4 20122242$2.2B3.5%+41.4%13F-HR 13F-HR/A
Q3 20122010$1.6B3.8%+11.4%13F-HR
Q2 20121902$1.3B6.1%+11.2%13F-HR
Q1 20122110$1.2B3.1%+29.5%13F-HR
Q4 20112000$820.2M0.1%+7.7%13F-HR
Q3 20112033$685.0M17.0%+2.0%13F-HR 13F-HR/A
Q2 20112011$731.7M6.1%+9.5%13F-HR
Q1 20112023$680.5M10.3%+10.3%13F-HR
Q4 20102120$580.2M3.4%+11.9%13F-HR
Q3 20101926$489.2M15.5%−0.5%13F-HR
Q2 20102341$434.6M16.6%+8.2%13F-HR
Q1 20102004$449.3M11.4%+6.4%13F-HR
Q4 20092430$404.2M15.1%+7.8%13F-HR 13F-HR/A
Q3 20092115$362.2M15.7%−3.9%13F-HR
Q2 20092541$298.7M12.1%−8.1%13F-HR
Q1 20092200$264.3M8.5%+4.4%13F-HR
Q4 20082242$254.4M21.0%+2.4%13F-HR 13F-HR/A
Q3 20082034$356.4M14.8%+0.3%13F-HR
Q2 20082110$386.9M6.2%+1.9%13F-HR
Q1 20082013$373.3M17.7%−3.1%13F-HR
Q4 20072232$452.1M16.3%−3.8%13F-HR
Q3 20072120$461.7M7.6%−4.4%13F-HR
Q2 20071921$450.0M9.6%−5.2%13F-HR
Q1 200718114$460.5M6.6%−9.2%13F-HR/A 13F-HR/A
Q4 20063113$514.5M11.2%+8.5%13F-HR/A
Q3 20063313$470.5M5.9%+6.5%13F-HR/A
Q2 20063532$430.4M5.0%+10.9%13F-HR/A
Q1 20063426$430.5M17.8%+8.1%13F-HR 13F-HR/A
Q4 20053832$381.1M12.7%+17.7%13F-HR
Q3 20053733$325.8M12.5%+19.9%13F-HR
Q2 20053741$267.5M5.7%+5.9%13F-HR
Q1 20053451$252.7M4.4%+8.9%13F-HR
Q4 20043060$242.7M8.9%+11.3%13F-HR 13F-HR
Q3 20042406$212.3M13.6%+5.3%13F-HR
Q2 20043011$202.8M0.5%+19.7%13F-HR
Q1 20043053$175.2M10.8%+14.3%13F-HR
Q4 20032803$152.4M6.9%−3.6%13F-HR
Q3 20033131$140.5M9.0%+3.3%13F-HR
Q2 20032910$129.9M2.0%−3.7%13F-HR
Q1 20032811$112.0M3.9%−2.3%13F-HR
Q4 20022800$116.1M2.8%−2.5%13F-HR
Q3 20022853$105.2M6.2%+3.0%13F-HR
Q2 2002 *2643$120.1M9.5%+0.1%13F-HR
Q1 2002 *2518$152.3M6.2%+3.2%13F-HR
Q4 2001 *3211$147.4M4.8%−11.2%13F-HR
Q3 2001 *3236$137.5M8.0%−2.8%13F-HR
Q2 2001 *3544$176.2M7.7%−6.1%13F-HR
Q1 2001 *3577$176.3M5.8%+5.5%13F-HR
Q4 2000 *3572$182.3M7.7%+1.0%13F-HR
Q3 2000 *3066$213.1M3.3%+11.6%13F-HR 13F-HR/A
Q2 2000 *3007$225.7M7.6%+14.0%13F-HR 13F-HR/A
Q1 2000 *3700$222.9M——13F-HR 13F-HR/A
VI

Large Positions Sold Out

Positions that once made up 2% or more of the portfolio and were later sold out (latest 40): holding period and what became of the company, without profit or loss.

How to Read This

Sold out means the holding no longer appears on the 13F: it may have been sold, or the company was acquired or delisted. Company status is checked only for companies the giants together once held $100M or more of, from the company’s own SEC filings (for example 8-K item 1.03 = bankruptcy filing); a dash means not checked.

CompanyHeldPeak weightCompany since
TSCOTractor Supply CompanyQ4 2016 – Q2 20268%—
CDWCDW CorpQ3 2019 – Q2 20266%—
ZTSZoetis IncQ2 2025 – Q2 20264%—
PYPLPayPal Holdings, IncQ3 2015 – Q1 20268%—
POOLPool CorpQ2 2022 – Q4 20253%—
UNHUnitedHealth Group IncQ3 2021 – Q2 20257%—
TPLTexas Pacific Land CorpQ4 2021 – Q4 20244%—
BRK.BBerkshire Hathaway IncQ1 2011 – Q3 202310%—
FRCBFirst Republic BankQ3 2020 – Q2 20234%—
PGRProgressive CorpQ4 2020 – Q2 20234%—
SBUXStarbucks CorpQ1 2019 – Q1 20235%—
BMYBristol-Myers Squibb CoQ4 2019 – Q1 20234%—
KEYSKeysight Technologies, IncQ1 2020 – Q3 20225%—
SLBSLB LtdQ4 2012 – Q1 20227%—
QCOMQualcomm IncQ4 2005 – Q4 20219%—
EAElectronic Arts IncQ2 2019 – Q4 20216%—
ALCAlcon IncQ2 2019 – Q3 20213%—
NVDANVIDIA CorpQ3 2019 – Q3 20204%—
BKNGBooking Holdings IncQ1 2018 – Q2 20207%—
FASTFastenal CoQ4 2016 – Q2 20206%—
ROSTRoss Stores IncQ2 2016 – Q2 20206%—
CHRWC. H. Robinson Worldwide, IncQ3 2018 – Q1 20205%Still filing with the SEC
ULTAUlta Beauty, IncQ3 2018 – Q4 20195%—
SCHWCharles Schwab CorpQ1 2016 – Q4 20195%—
CELGCelgene CorpQ1 2017 – Q4 20194%Acquired or delisted Dec 13, 2019
CTSHCognizant Technology SolutionsQ4 2007 – Q3 20197%—
CLBCore Laboratories Inc.Q4 2014 – Q2 20195%Still filing with the SEC
ODFLOld Dominion Freight LineQ3 2018 – Q2 20194%—
KHCKraft Heinz CoQ3 2015 – Q4 20187%—
VRSKVerisk Analytics, IncQ3 2011 – Q2 20185%—
ESRXEvernorth Health IncQ2 2013 – Q1 20188%Acquired or delisted Dec 31, 2018
—Booking Holdings IncQ2 2013 – Q1 20187%Still filing with the SEC
TJXTJX Companies IncQ2 2016 – Q1 20184%—
THSTreehouse Foods IncQ3 2016 – Q4 20174%Still filing with the SEC
—NOV IncQ3 2011 – Q3 20175%Still filing with the SEC
—Tapestry, IncQ3 2012 – Q2 20176%Still filing with the SEC
LKQLKQ CorpQ1 2014 – Q1 20175%—
MJNMead Johnson Nutrition CoQ1 2014 – Q1 20175%Acquired or delisted Jun 26, 2017
SRCLStericycle IncQ2 2010 – Q4 20166%Acquired or delisted Nov 14, 2024
—Emc Corp/maQ4 2007 – Q2 20167%Acquired or delisted Sep 20, 2016