David Rolfe
Wedgewood Partners · Chief Investment Officer · Net worth: —
CIO of Wedgewood since 1992. Runs one of the most concentrated US-based quality-growth strategies — 20 positions maximum, average holding period 5+ years. Cited by Buffett observers as a model of Berkshire-style discipline at smaller scale.
Concentration profile
Balanced
TSMTop-5 zoneTop-10David's single largest bet is TSM at 10.8% of tracked positions. Exposure is spread across a broader basket, reducing single-name risk.
Recent moves
Every tracked 13F move — buys, adds, trims, and exits — over the last two quarters.
| Ticker | Activity | % portfolio |
|---|---|---|
| CB | Buy (new) | 3.40% |
| AMZN | Buy (new) | 2.60% |
| IVV | Buy (new) | 1.10% |
| ODFL | Add 36% | 3.60% |
| CDW | Add 26% | 4.00% |
| MSI | Add 25% | 5.30% |
| TSM | Add 18% Building Taiwan Semi — AI picks and shovels. | 9.10% |
| FICO | Add 8% Adding to credit scoring monopoly. | 5.90% |
| POOL | Sell (exit) | 0.00% |
| PYPL | Reduce 55% | 2.40% |
| GOOGL | Reduce 21% | 9.90% |
| ZTS | Reduce 18% | 2.50% |
| AAPL | Reduce 5% Small 19-year Apple trim. | 10.20% |
| Ticker | Activity | % portfolio |
|---|---|---|
| TSM | Add 22% Building TSM position. | 7.70% |
| BRK.B | Add 6% Adding Berkshire. | 7.80% |
| Ticker | Activity | % portfolio |
|---|---|---|
| ORLY | Add 1371% | 3.80% |
| ZTS | Buy (new) | 3.80% |
| UNH | Sell (exit) | 0.00% |
| IVV | Sell (exit) | 0.00% |
| GOOGL | Reduce 19% | 7.90% |
| TSM | Reduce 17% | 9.50% |
| EW | Reduce 7% | 2.90% |
| Ticker | Activity | % portfolio |
|---|---|---|
| IVV | Add 96% | 0.60% |
| ORLY | Add 49% | 3.50% |
| ODFL | Add 43% | 3.00% |
| CDW | Add 27% | 4.60% |
| MSFT | Add 18% | 7.30% |
| UNH | Reduce 81% | 0.70% |
| EW | Reduce 43% | 3.10% |
| V | Reduce 26% | 6.70% |
| META | Reduce 13% | 9.60% |
| Ticker | Activity | % portfolio |
|---|---|---|
| TSCO | Add 380% | 5.10% |
| IVV | Buy (new) | 0.30% |
| POOL | Reduce 11% | 2.00% |
| EW | Reduce 6% | 5.10% |
| CDW | Reduce 6% | 3.20% |
| Ticker | Activity | % portfolio |
|---|---|---|
| EW | Add 44% | 4.90% |
| MSI | Reduce 25% | 5.20% |
David's sector breakdown
How the top 10 positions are diversified across 3 sectors. Weighted by stated portfolio percentage.
Top holdings
| Ticker | Company | % Portfolio |
|---|---|---|
| TSM | TAIWAN SEMICONDUCTOR MFG LTD AI picks and shovels. | 10.8% |
 GOOGL | ALPHABET INC | 9.9% |
 META | META PLATFORMS INC | 8.8% |
 AAPL | APPLE INC Top position — 19-year hold. | 7.5% |
 MSFT | MICROSOFT CORP | 7.2% |
 BKNG | BOOKING HOLDINGS INC | 6.0% |
 V | VISA INC Payment network compounder. | 5.9% |
 MSI | MOTOROLA SOLUTIONS INC | 5.3% |
 TSCO | TRACTOR SUPPLY CO | 4.6% |
 CDW | CDW CORP | 4.0% |
Estimate your withholding on cross-border dividends
Estimates for educational purposes only. Tax rules change; consult a qualified tax professional for your specific situation. Dividend-tax treatment depends on holding period, account type (taxable vs. retirement), investor type (individual vs. pension vs. mutual fund), limitation-on-benefits tests, and other factors not modeled here.
Want David move-alerts?
One email per 13F filing. Summarizes every new position, exit, and trim.
Similar investors
Tracked managers whose top positions overlap with David's portfolio.
What David Rolfe did, quarter by quarter
Full move-by-move breakdown for each of the last 8 filed quarters.
Data sourced from Wedgewood Partners 13F filings with the SEC. Approximate snapshot. Not investment advice.