Wedgewood Partners
Wedgewood Partners U.S. Large Cap Growth Strategy
Sep 2026 → Sep 2026
Our archive holds 1 letter from this strategy, behind 10 investment theses and positions in 14 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of Wedgewood Partners for every strategy.
Performance
as of Sep 30, 2026 · net of fees · USD
- YTD+5.1%index +12.8%
- 1Y+3.2%index +15.7%
Index: Standard & Poor's 500 Index
| YTD | 1Y | |
|---|---|---|
| Wedgewood Partners U.S. Large Cap Growth Strategy | +5.1% | +3.2% |
| Standard & Poor's 500 Index | +12.8% | +15.7% |
Disclaimer
These figures are copied from the manager’s latest letter, as of Sep 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
We have trimmed Taiwan Semi several times during this multi-year rally, as we limit our positions to 10% of portfolios.
We bought TJX Companies and sold Copart.
We increased our positions in Amazon and Hermès.
We trimmed our position in Meta Platforms.
We bought TJX Companies and sold Copart.
We increased our positions in Amazon and Hermès.
Also held
Its investment theses
- MicrosoftSep 2026Microsoft is an excellent business with strong capital allocation, high ROIC, and further upside from AI-related capex returns.
- Meta PlatformsSep 2026Meta Platforms is benefiting from successful AI product launches, massive user adoption, and a track record of generating strong returns on new products.
- AppleSep 2026Apple is investing heavily in silicon and hardware, and the market underestimates its long-term AI ecosystem differentiation.
- Motorola SolutionsSep 2026Motorola Solutions is a dominant, highly predictable mission-critical communications business with expanding higher-margin software and services.
- AmazonSep 2026Amazon is compounding capital through AWS, advertising, and retail with accelerating profitability and high returns on capital.
- Old Dominion Freight LineSep 2026Old Dominion Freight Line is the best operator in LTL, benefiting from capacity rationalization and potential double-digit earnings growth.
- Toll BrothersSep 2026Toll Brothers has resilient affluent demand, healthy margins, and a land pipeline that can support double-digit growth.
- HermèsSep 2026Hermès combines durable pricing, limited supply, and a long record of attractive growth at an appealing valuation.
- Taiwan Semiconductor ManufacturingSep 2026Taiwan Semiconductor Manufacturing is the linchpin of the global AI buildout, with strong revenue growth and flawless execution.
- Silvus TechnologiesSep 2026Silvus Technologies is a high-growth secure networking business with military-grade technology, strong demand, and attractive margins.